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Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...
Pandoshi (PAMBO) Stage 3 Sold Out, Total Raised Over $2 Million
22.1.2024
Pandoshi (PAMBO), a rapidly ascending star in the cryptocurrency sky, has achieved a remarkable milestone: the complete sell-out of its Stage 3 presale, raising over $2 million. This significant achievement underscores the increasing investor confidence in Pandoshi, as enthusiasts and crypto...
Is It Too Late to Buy Mina Protocol? MINA Price Jumps 8% as New Mining Protocol Receives $7 Million in Funding
1.1.2024
While the MINA price has been rallying since December 19, Bitcoin Minetrix presale has surpassed expectations, reaching $7.1 million in crypto presale round. Image by Kerem Goktug Kaya, DALL-E 3. Mina Foundation‘s MINA has been performing well since December 19, which can be attributed to...
Solana’s JTO on a rollercoaster ride, InQubeta (QUBE) presale cruising past $6.8 million mark
17.12.2023
The crypto world is abuzz with the rapid rise and fall of Solana’s JTO token, a rollercoaster ride following its recent airdrop. Amidst this fluctuating market, InQubeta (QUBE) is making significant strides, steadily cruising past the $6.8 million mark in its presale, showcasing remarkable...
Bitcoin Price Prediction: BTC Surge Over $37,000 Amid Record Transactions
21.11.2023
In a remarkable turn of events, Bitcoin’s price surged to $37,444, marking nearly 1% increase on Tuesday, signaling robust investor confidence and market dynamics. This notable ascent coincides with significant developments in the cryptocurrency sphere, including Tether’s unprecedented...
Bitcoin Slips to $27K as Escalating Hamas-Israel Conflict Dampens Investor Confidence
11.10.2023
Traders expect risk assets to fall further should geopolitical tensions continue to rise
Uptober Begins: Bitcoin’s Rally Sparks $40K Hopes; Yet $20K Threat Lingers
3.10.2023
The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a popular cryptocurrency trader suggested that $40,000 could...
Crypto sees outflows for 6th consecutive week, XRP and SOL gain investor confidence
25.9.2023
A Coinshares crypto market flow report reveales that traders are showing more confidence in the likes of XRP and Solana
US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30%
26.4.2023
In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors...
Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022
12.4.2023
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens
9.2.2023
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move...
DMCC Crypto Centre Surpasses 500 member companies in 2022
14.1.2023
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company...
Gate.io pledges $100M to revive crypto and rebuild investor confidence
7.12.2022
With investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses
Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework
10.8.2021
Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the Blockchain Association of Uganda (BAU) has said. The member, Suleiman Murunga, explains that such a framework “will create investor confidence...
Bitcoin, altcoins and stocks drop as inflation fears impact investor confidence
13.5.2021
Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices
How Axion Network Recovered From Day-One Hack and Regained Investor Confidence
18.12.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The introduction of Axion ushered in a revolutionary phase for investors looking for crypto-powered investment channels with stable returns alongside less risk of losses. In the first hours of launch,...