Search Results for: plunged

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…

‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition

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Months before Ethereum transitioned from proof-of-work (PoW) a prueba de participación (punto de venta), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s…

Bitcoin, Análisis técnico de Ethereum: ETH Drops Below $1,800, BTC Once Again Falls Under $30K

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Despite a strong start to the week, bitcoin fell below $30,000 on Thursday, as crypto bears returned to action. Following an uncertain day of trading yesterday, bearish momentum has taken charge of markets, with ETH also in the red. Bitcoin Following…

Reporte: El tipo de cambio de la libra libanesa frente al dólar cae a mínimos históricos

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Después de una relativa calma durante unos meses, la libra libanesa se ha desplomado a un mínimo histórico de 35,600 por dólar, un informe ha dicho. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that…

Las criptoregulaciones chinas fuerzan a la aplicación de juegos NFT Stepn a bloquear a los usuarios del continente

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Porcelana’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local…

Data Shows Global Financial Conditions Tightest in 2 Años, Shaky Bond Markets Point to Long-Run Inflation

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At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial…

El CEO de Coinbase dice que los rusos comunes usan las criptomonedas como un salvavidas mientras el rublo se derrumba

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The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to…

La caída de la lira turca contribuye al aumento de las transacciones criptográficas diarias de Turquía a más de un millón

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The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, un informe ha dicho. This surge in trades has been attributed to the depreciating lira which plunged to a…

Las amenazas del banco central de Nigeria obligan al rastreador de tipos de cambio paralelo a suspender el servicio

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Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currency’s black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets…