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Nigerian Currency Falls by More Than 30% After Central Bank Announced New Forex Market Rules
The Nigerian currency’s official exchange rate versus the greenback recently plunged to NGN634 per dollar from just under NGN470 per dollar. The central bank’s decision to allow the naira to “float” came a few weeks after…
Russian President Putin Discusses End of US Dollar Dominance — Claims Russia Has No De-Dollarization…
Russian President Vladimir Putin has discussed the end of the U.S. dollar dominance, claiming that Russia has nothing to do with the USD’s downfall. “We have never had and do not have the goal of de-dollarization,” Putin also stressed,…
Economist Peter Schiff: US Dollar Decline Will Be ‘Far Greater’ Than Yellen Warns — Fed Chair Powell…
Economist Peter Schiff says the U.S. dollar decline will be “far greater” than what Treasury Secretary Janet Yellen has warned. “This portends a significant decline in our standard of living,” he cautioned. Furthermore,…
Robert Kiyosaki Warns More Banks Are About to Fail
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has warned that more banks are about to fail. “Regional banks and mortgage companies are falling,” he cautioned, urging investors to think for themselves and not rely on…
Economist Steve Hanke Warns of an ‘Ugly’ Recession Looming and Accuses Federal Reserve of…
Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is…
Tesla’s Elon Musk Denies Dogecoin Whale Allegations, Attorney Challenges Wallet Associations
According to a recent letter viewed by the press, Elon Musk denies being a dogecoin (DOGE) whale in the lawsuit that accuses the Tesla executive of engaging in pump-and-dump activities with the meme coin token, which allegedly harmed retail…
5 Charges Temporarily Suspended in FTX Co-Founder Sam Bankman-Fried’s Legal Battle
The U.S. Department of Justice (DOJ) and federal prosecutors in New York have opted to temporarily suspend five charges against the beleaguered FTX co-founder Sam Bankman-Fried (SBF). Nevertheless, these five charges have been…
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the…
Biggest Movers: SOL, MATIC Move Away From Key Support Levels on Saturday
Solana climbed for a third consecutive session, as crypto markets rebounded to start the weekend. At the time of writing, the global market cap rose by 3.3%, as bullish sentiment returned. Polygon was another notable gainer, surging by over…
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000, as Bulls Make a Comeback
Bitcoin bounced back strongly to start the weekend, as prices moved closer to the $27,000 mark in today’s session. After a recent spell of consolidation, bulls returned to action, buying the recent dip in the process. Ethereum was…