Search Results for: devaluation

Reporte: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

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The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme…

Argentina apuesta por las Stablecoins en medio de la incertidumbre política y económica

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Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating…

Bitcoin․com Exchange Market Insights Report de mayo 2022

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este es el mayo 2022 monthly market insights report by Bitcoin.com Exchange. En este y posteriores informes, espere encontrar un resumen del rendimiento del mercado criptográfico, un resumen macro, análisis de la estructura del mercado, y más. Crypto Market Performance May got off to…

Venezuela apuesta por la desdolarización tras aplicación de impuesto sobre divisas y criptomonedas

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The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited…

La socialité y modelo Alexis Ren no confía en la economía del dólar, Dice que Crypto es una alternativa viable

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The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. En una entrevista reciente, Ren explained her interest in crypto is fueled by…

El fundador de Mobius Capital dice que las criptomonedas no son una inversión sino "un medio para especular y divertirse"

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El fundador de Mobius Capital Partners, Mark Mobius, dice que las criptomonedas no son una inversión, llamándolo “un medio para especular y divertirse.” Prefiere las acciones y cree “los Estados Unidos. El mercado seguirá prosperando y funcionando bien.”…

Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela

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Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by Freddy Borges, Director of the Maiquetía International Airport, the institution would be working to include cryptocurrencies such as dash, bitcoin,…