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Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency

Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […] дальше »

2021-4-23 13:30


XRP Holders Attempt to Intervene In Ongoing SEC v Ripple Standoff; India Feels Threatened by XRPL

The XRP crypto community seems to have had enough of the US Securities and Exchange Commission’s (SEC) fight against Ripple as they have once again filed to intervene in the case. The XRP holders have asked to jump in the ring, as they believe both the SEC and Ripple do not represent their interest, per […] The post XRP Holders Attempt to Intervene In Ongoing SEC v Ripple Standoff; India Feels Threatened by XRPL first appeared on BitcoinExchangeGuide. дальше »

2021-4-22 22:35


Cryptocurrency Inflows Record A Five-Week High; XRP Captures Institutional Interest

Inflows into digital asset investment products totaled $233 million last week, the largest since early March. It is, however, nowhere near the record inflow seen in late January. CoinShares, one of the largest crypto asset managers, in its weekly report wrote, “We believe this recent renewed appetite for digital assets is due to a combination […] The post Cryptocurrency Inflows Record A Five-Week High; XRP Captures Institutional Interest first appeared on BitcoinExchangeGuide. дальше »

2021-4-21 18:48


CBDC’s Unlikely To Threaten Cryptocurrencies, Market Has Evolved: Morgan Stanley Report

As central banks worldwide continue to establish their digital currencies, one of the largest US investment banks, Morgan Stanley, says they won't be a threat to cryptocurrencies. Analysts at Morgan Stanley believe that both central bank digital currencies (CBDCs) and cryptocurrencies would co-exist because they are not the same and serve different purposes. дальше »

2021-4-15 22:12


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And The Best-Performing Cryptocurrency Of The Past Year Is… Cardano(ADA), With Incredible 3,290% Returns

Cardano (ADA) has enjoyed a meteoric rise over the last year. The cryptocurrency is up by over 3,200% and is outshining every other crypto-asset, including the flagship cryptocurrency, bitcoin.   Despite the massive upsurge that Cardano has registered over the last couple of months, analysts believe there’s more growth ahead. дальше »

2021-4-12 23:35


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Father Laughs Off Son’s Financial Hopes: How the Ones You Love the Most Want to See Bitcoin Fail

Some people will never believe in bitcoin and the cryptocurrency economy Satoshi’s invention has created. A lot of cryptocurrency believers are familiar with the mainstream pundits and economists claiming bitcoin will go to zero, but oftentimes it’s the ones they care about the most that hope to see bitcoin fail. On Wednesday evening on Reddit, […] дальше »

2021-4-1 17:30


Binance Reports ETH Congestion, Temporarily Suspends Withdrawals

However, some traders insist that the platform had stopped withdrawing ETH at least an hour before the announcement was actually made.   Conspiracy Theories Anyone? While Binance acknowledged a spike in Ethereum market activity, many believe that the congestion isn’t as bad as Binance claims and that it shouldn’t cause such a radical decision. дальше »

2021-2-19 19:43


A Growing Number of British Investors Believe Crypto is as Safe as the Stock Market

A recent poll suggests that Brits are getting more comfortable with cryptocurrencies. American investors also appear to be warming up more to crypto as their appetite for risk grows. The post A Growing Number of British Investors Believe Crypto is as Safe as the Stock Market first appeared on BitcoinExchangeGuide. дальше »

2021-2-19 18:42