Bloomberg Analysts Predict Further Naira Devaluation in 2024
Key Insights Naira hits new record low beyond ₦1,043 per dollar, poised for worst yearly performance since 1999 55% currency…
Which Cryptos Will Boom If Bitcoin ETF is Approved in 2024?
Cryptocurrency ETF proponents are kicking speculation into overdrive as we head into 2024. Numerous companies remain locked in talks with…
India Accuses Major Crypto Exchanges of Illegal Operations Without Local Registration
Key Insights India’s financial crimes watchdog issues compliance notices to 9 major crypto exchanges including Binance, KuCoin, Bitfinex Authorities allege…
Leading Nigerian Banks Team Up For New cNGN Stablecoin
Key Insights Leading Nigerian banks collaborate to launch naira stablecoin cNGN Maintains peg via fiat currency reserves held in bank…
Nigeria Makes U-Turn by Opening Banks to Cryptocurrencies
Key Insights CBN issues new rules allowing cryptocurrency companies to open bank accounts, reversing previous ban Guidelines aim to regulate…
Cryptocurrency Firm SafeMoon Files for Bankruptcy
Key Insights Crypto firm SafeMoon filed Chapter 7 bankruptcy amid SEC fraud lawsuit and criminal charges against founders Chapter 7…
Ledger Vows Security Overhaul After Wallet Hack
Key Insights Hack of Ledger’s NPM JavaScript connector enabled $500K crypto drain from decentralized apps after former employee phished CEO…
Bitcoin Bull Run Still In Mid-Stage According to 3 Key Indicators
Key Insights Despite 150%+ surge in 2023, key bitcoin indicators like Puell Multiple, MVRV and Mayer Multiple suggest bull run…
US Stocks Skyrocket Over 1% As Fed Hints At Pause In Rate Hikes
Key Insights Fed leaves rates unchanged at 5.25-5.5% range; Powell signals end likely near for rapid rate hikes Stocks surge…
What’s Behind India’s Stock Market Rally: 5 Key Growth Drivers
Key Insights India’s stock markets have staged massive rallies, with the Nifty 50 index up over 15% year-to-date. Market cap…