Key Insights: Dogecoin (DOGE) and shiba inu coin (SHIB) spent bullish sessions on Friday. U.S. economic indicators and the NASDAQ index were supported as investors awaited updates on Shibarium and Twitter updates. Technical indicators are mixed with signs pointing to further SHIB gains. Shiba Innu Coin (SHIB) rose 0.60% on Friday. SHIB ended the day … Read more
Eurozone PMI Key Points: The latest Eurozone composite output index was at 49.3 (November: 47.8). 5-month max. Final Eurozone services business activity index at 49.8 (November: 48.5). 4-month maximum. Recommended by Zain Vauda Get your free Euro forecast The seasonally adjusted S&P Global Eurozone PMI composite output index was sub-50 for the sixth consecutive month … Read more
The Central Bank of Pakistan has recently imposed foreign exchange restrictions to protect the country’s dwindling reserves. This is in light of recent reports of the emergence of a black market for dollars. Pakistan’s foreign reserves have reportedly fallen to a four-year low of $6.7 billion. According to Bloomberg, on the surface, this hasn’t affected … Read more
Opera’s crypto browser is launching a non-volatile token (NFT) creation feature. Now creating an NFT will be as easy as dragging and dropping a picture on the browser. It generates a basic smart contract and uploads its content to the Blockchain. The company partnered with Alteon Launchpad to develop NFT’s feature, a cloud-based ecosystem for … Read more
Mumbai: The Indian Rupee gains against the US currency in the forex market. A weaker US dollar supported the local currency. However, weak domestic equities and foreign fund inflows weighed on it and limited gains. In interbank foreign exchange, the local currency opened at 81.11 against the US dollar, then settled at 81.08, registering an … Read more
Mumbai: The country’s foreign exchange reserves in 2018 It increased by $2.5 billion in the week ending November 18.This is the second week in a row that forex stocks have risen. An increase in reserves reflects the appreciation of non-dollar investments and an improvement in direct purchases of dollars. RBI.Foreign exchange reserves hit a record … Read more
The Importers and Exporters Association is warning that food shortages may occur and food prices may increase in the coming days. The warning comes on the back of the Bank of Ghana’s announcement on Sunday, October 30, 2022, to end the provision of fakes for the importation of certain commodities in line with President Akufo-Addo’s … Read more
Martin Brunko, Binance’s executive vice president for Europe, said smaller cryptocurrency exchanges and startups could benefit from the EU market’s regulation of crypto-assets (MiCA). Cointelegraph conducted a one-on-one interview with Martin Brunko at the Web Summit conference in Lisbon in early November 2022. While leading Binance’s operations across Europe, Brunko provided unique insights into the … Read more
The lower house of the Russian parliament, the State Duma, has voted on a piece of legislation designed to regulate cryptocurrency mining. While lawmakers have rejected that proposal, another bill aimed at legalizing crypto payments in the country, a bill that would allow cross-border transactions with digital assets, is expected to pass the legislature soon. … Read more
MUMBAI: The Indian rupee fell against the US dollar in the forex market. The local currency opened at 82.89 against the dollar at the interbank foreign exchange rate. During trading, it then reached 82.91, registering a loss of 12 paise on the previous close. On Thursday, the Indian rupee settled at 21 paise against the … Read more