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Nigerian Currency ‘Most Competitive in 20 Years,’ Says World Bank

18.10.2024
Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fiscal collapse. While the naira’s...

Venezuelans Crave USDT as Dollar Exchange Rate Explodes

17.10.2024
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the banking sector, it has enjoyed limited success...

These Are The Very Best Weapons To Pick In Helldivers 2

17.10.2024
Whether you’re fighting bugs or bots, you need the right tools for the job. As Helldivers 2 finishes its 60-day roadmap and releases the new patch, there’s no better time to visit Super Earth’s armories and take your pick of the litter.Read more

Why is Litecoin price up today?

16.10.2024
Today’s LTC price surge comes after Canary Capital filed for a spot Litecoin ETF and Bitcoin reached a multimonth high. 

Nigeria Central Bank Governor Defends Naira Float Decision

8.10.2024
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira, despite public criticism of the move. He stated that the disparity between official and parallel exchange rates encouraged arbitrage and speculation, eroding market...

Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil

7.10.2024
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting...

Zimbabwe Injects $50 Million to Bolster Devalued Currency

6.10.2024
The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They argue that the policy requiring companies to have...

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

5.10.2024
A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower...

Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes

4.10.2024
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...

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