Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,040,063,312.62
  • 24h Vol: $52,696,067,307.91
  • BTC Dominance: 56.57%

Exchange rate

zimbabwe’s-central-bank-to-shield-gold-backed-currency-from-market-volatility

Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility

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Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold (zig) from severe market disruptions. He also pledged to maintain a tight monetary policy to ensure stable inflation and exchange rates. The zig, a gold-backed currency, has experienced a decline in value against […]

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Nigeria Acts to Defend Naira After Currency Hits New Record Low

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The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank disclosed that it

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Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency’s Depreciation

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Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency’s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still young, and there’s time for Nigeria to establish regulatory frameworks to govern its participants. Nigeria’s Currency

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Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank

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The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its value-preserving gold coins were sold between July 2022 and Jan. 13. According to the central bank governor, John Mangudya, the gold coins “have proved to be an effective open market instrument for mopping up excess liquidity in the economy.” Gold Coins as Alternative

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Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

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The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary Fund, the monetary authorities in Egypt have

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Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps

Leave a Comment / Assets, Balancer, Binance, Biswap, Bitcoin, Cardano, Centralized, crypto assets, Crypto Hacked, Crypto Winter, Cryptocurrency, Curve, Decentralized, decentralized finance, decline, DeFi, Defi protocols, DEX, Dominance, Ethereum, Ethereum blockchain, Exchange rate, Exchanges, lackluster, Liquidity, Liquidity providers, Market Price, Non Custodial, Non-custodial exchange, Pancakeswap, Polygon, Pools, self-executing contract, self-execution, Smart Contract, Solana, spot market, Sun.io, SUSHI, Tokens, trade execution, trading, trading platform, TVL, uniswap, uniswap v3, Volumes / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at

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declining-interest-leads-to-poor-market-performance-for-ethereum-proof-of-work-forks

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

Leave a Comment / 2 Forks, 2 PoW Forks, 2 Tokens, Bitcoin, Crypto Hacked, Crypto markets, Cryptocurrency, ETC, ETF exchange Rate, ETF hashrate, ETF price, Ethereum, Ethereum (ETH), ethereumfair, ethereumfair (ETF), ethereumfair (ETHF), ETHF exchange rate, ETHF hashrate, ETHF Price, ETHPoW, ETHW, Exchange rate, Forks, gate.io, Hashrate, Huobi, Market Update, Market Updates, networks, Poloniex, PoW ETH, PoW forks, Price Value, The Merge, Upgrades, USD value / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow and Ethereumfair Suffer Significant Value Loss After Launch Since

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