The Nigerian naira has done relatively well this year, despite the recent sell-off in emerging markets currencies amid the US war against Iran. The USD/NGN exchange rate dropped to 1,358 on April 10, down by 20% from its highest point in 2024. Why the Nigerian naira
Bitcoin price failed to sustain a breakout beyond $73,000 as investors are once again concerned that global tensions and a wobbly truce with Iran threaten to reverse Bitcoin’s recent gains in the United States.While reports that Iran may use Bitcoin and other digital assets as
The cryptocurrency market has been stable over the past 24 hours, with Bitcoin holding above $71,000.Ether, the second-largest cryptocurrency by market cap, is back at $2,200 after retesting the $2,150 support level on Thursday. The coin’s positive performance comes as the Ethereum (ETH) treasury firm BitMine
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are all up by less than 1% in the last 24 hours as the broader crypto market stabilizes following the rally on Tuesday. Ripple has defended the $1.32 support level after failing to take out the $1.40 resistance earlier
Bitcoin has sustained its price above $71,000, while Ether is trading at $2,200 once again as the broader crypto market has stabilised.However, ZEC, the native coin of the privacy blockchain Zcash, is outperforming the other major cryptocurrencies. ZEC is up 56% in the last seven days,
Crypto exchange Kraken’s landmark approval for a Federal Reserve master account has triggered fresh concerns among regulators, banks, and industry experts over potential risks to the US financial system.While the account comes with restrictions designed to mitigate vulnerabilities, critics argue that the move could still
The Strait of Hormuz remains inactive despite a ceasefire between the United States, Iran, and Israel, with ship movements showing minimal recovery in the 24 hours following Iran’s pending opening announcement. Maritime tracking data shows that ship traffic has not returned to normal levels, adding
Pepe Coin Price hovered around $0.000003479, recording a weekly gain of nearly 5% after a previous breakout. The meme coin pointed to a brief consolidation over the last 24 hours as traders monitored shifting market sentiment. Interest grew when Canary Capital filed a filing of
Spot XRP ETFs have recorded billions in net inflows, a bullish signal for institutions. But XRP treasury is better for an investment approach, claims an ex-Ripple and current Evernorth Holdings executive. XRP price is defying the broader crypto market’s negative trend amid the US-Iran ceasefire
Circle Internet Group’s CRCL stock price faces renewed selling pressure after downgrades by Wall Street analysts and insider selling by company directors. The stock saw significant profit-taking recently, falling more than 15% over the past month. Ad Ad Wall Street Analysts’ Forecasts on CRCL Stock