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Nigeria Acts to Defend Naira After Currency Hits New Record Low


The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank...

The 50 Best Xbox Summer Sale 2024 Deals


Steam’s Summer Sale usually kicks off a host of other sales across digital stores and websites. And on top of all those sales, there’s Amazon Prime Day, happening on July 16 and 17. Not wanting to be left out, Xbox has just flipped the switch on its own massive Summer Sale, which has deals...

Resident Evil 7 Is The Latest AAA Port To Flop On iPhone


New data shows that Resident Evil 7, which was recently ported to iOS devices, was purchased and downloaded by less than 2,000 players, yet another example of big games failing to succeed on Apple’s powerful portable devices. Read more

Germany’s Bitcoin Stash Runs Low – Are BTC Prices Set to Soar?


The German government has been on a Bitcoin-selling spree for about a month now. The BTC dumping, followed by Mt. Gox client repayment, has been a huge pain for crypto investors. At the beginning, the German government had 50,000 BTC. Now, they have 6,000 BTC left – an amount not worthy...

Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low


Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a recent downtrend from $58,441 to $54,296, followed by...

Whale shakes up Ether market with $103M sell-off and $70M repurchase


A whale made some splash in the Ether ecosystem by selling and repurchasing Ethereum tokens. They first transferred $103 million worth of ETH and later bought some tokens for $70 million. The number of tokens transferred at that time was 33,765 and 22,713, respectively, with an average price...

Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low


Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...

Bitcoin Hits New Low Since February, Options Market Stays Optimistic


According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...

Bitcoin price hits a two-month low; $50k support


The downward movement of Bitcoin’s prices appears to be accelerating as a result of concerns about the use of pressure tactics in sales. This was the general observation of the non-functioning exchange, Mt. Gox, as traders maintained a distance from the token. The most sought-after...

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