Impairment charges: The bitter reality of institutions holding cryptocurrencies
Even though the adoption of cryptocurrencies by institutions has somewhat brought a form of legality to the asset class, it ...
Tag: Cryptocurrencies
India plans to launch its CBDC like eNaira and proposes 30% tax on cryptocurrencies, NFTs
After Nigeria launched its digital currency, more countries have ramped up efforts to join the CBDC community. Now, India’s central ...
How a global financial market crisis could spread to Nigeria
The current sell-offs or cryptocurrencies, US stocks, and other global financial markets could have a ripple effect on Nigeria, Nairametrics ...
Crypto winter hits Bitcoin, $200 billion worth of crypto assets evaporate
Bitcoin fell more than 10% over the past day trading at around $36.3K on the FTX exchange, causing the crypto ...
4 cryptocurrencies to gift a loved one this Christmas
Cryptocurrencies have been the best performing asset class of 2021 with its market capitalization gaining over 200%, from approximately $774 ...
3 Cryptocurrencies to make Christmas miracles – Solana, Cardano, and HUH Tokens festive launch
Investing in the cryptocurrency sector is one of the wisest moves a person can make today. The year 2021 demonstrated ...
Twitter to launch dedicated crypto team
Twitter is expanding further into the world of cryptocurrencies as the social media giant is setting up a team dedicated ...
Naira gains at official FX market as foreign reserve records first decline in over 2 months
Monday, 1st November 2021: The exchange rate between the naira and the US dollar closed at N414.98/$1, at the official ...
Naira falls at official forex window as dollar liquidity drops by 59%
Thursday, 16th September 2021: The exchange rate between the naira and the US dollar closed at N413.07/$1, at the official ...
Ukraine legalizes cryptocurrencies
The Ukrainian Parliament, the Verkhovna Rada, has adopted a virtual asset legislation regulating foreign and domestic cryptocurrency exchanges operating from ...
