Search Results for: Slump

Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data

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Este mes, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. Los Estados Unidos. housing market has shown weaknesses and October’s U.S. inflation rate was lower…

El yuan alcanza un nuevo mínimo frente al dólar estadounidense mientras los inversores reaccionan al respaldo de la oferta del presidente chino para el tercer mandato

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The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the…

German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business

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Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to…

Los estrategas de FX de Citi dicen que el euro podría hundirse a $0.86 si la turbulencia macro continúa

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While the euro has found support between 0.96 a 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,…

Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar

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A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dólar, un informe ha dicho. One…

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

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Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 por dólar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against…

La popularidad de Crypto Investments justifica las regulaciones, El regulador de valores australiano dice

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Altas tasas de propiedad de criptomonedas, con compras realizadas a menudo siguiendo los consejos de Youtube y Facebook, hacer “un caso sólido para la regulación,” según la Comisión Australiana de Valores e Inversiones. El organismo de control respalda su postura con resultados de encuestas que muestran que casi la mitad de…

Nuri de intercambio criptográfico alemán se declara insolvente

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Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured….

Robert Kiyosaki Says in Cash Position Waiting to Buy Bitcoin — Asset Prices Are Crashing, ‘Greatest Sale on Earth’ Incoming

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The famous author of the best-selling book Rich Dad Poor Dad, Roberto Kiyosaki, has advised investors not to miss “the greatest sale on earth.” He said asset prices are crashing and indicated that he is waiting in cash position to pick…

Cryptoys Raises $23 Million to Mix NFTs, Juego de azar, and Virtual Toys

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Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. La empresa, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,”…