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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. dolar, je pisalo poročilo. ena…

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

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Danes’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

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A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 milijarde (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further…

A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF

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According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future…

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 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against…

Bitcoin, Tehnična analiza Ethereuma: Market Volatility Remains High, as BTC Climbs Above $19,000

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Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s sejo, with ethereum also rebounding following recent losses. Od pisanja, the global crypto market cap…

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Dnevi

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Just over two months or approximately 83 pred dnevi, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market…

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 meseci

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Following four consecutive Bitcoin mining difficulty increases, omrežje’s difficulty dropped for the first time in 68 dnevi, sliding 2.14% v višini bloka 756,000 v torek. The change means it’s trenutno 2.14% easier to find a bitcoin block reward following the…

Največji premiki: LINK Hits 6-Week High, UNI up 16% v torek

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Chainlink hit a six-week high during Tuesday’s sejo, as the token rose for a sixth consecutive session. The move saw the token rally past a key resistance level in the process. Uniswap was also in the green, with prices climbing by…