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Fads and FOMO: RBA predicts the surge in cryptocurrencies will end – The Sydney Morning Herald

Cryptocurrencies are worth $2.6 trillion but the Reserve Bank says current “speculative demand” and their surge in value is likely…

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The Reserve Bank has attempted to pour cold water on cryptocurrencies and promoters claims they are the future of finance, saying current speculative demand and their surge in value is likely to reverse.
In a speech to the Australian Corporate Treasury…

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