Month: September 2022

IMF Bailout Approval Helps Zambian Kwacha Take the Russian Ruble’s Position as World’s Best Performing Currency

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After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian ruble’s position as the world’s best-performing currency in 2022. Zambia Still ‘Has a Long Way to Go’ The Zambian kwacha currency, which currently … Read more

Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges

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Following the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether, the lawyers representing Bittrex and Poloniex argue that “Mr. Roche’s recent statements … Read more

Input-Output Global Devs Reveal Cardano’s Vasil Hard Fork Is Scheduled for September 22

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While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS). Cardano Devs to Launch Vasil on Mainnet … Read more

Cryptocurrency Markets Show Bearish Momentum as Bitcoin Dips to $19K and Ethereum Drops Below $1,600

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After showing slight bullish momentum on Friday, cryptocurrency markets are again in the bearish territory this Saturday as BTC dips below $20k and ETH struggles to hold support at $1,600. The global cryptocurrency market remains below $1 trillion, valued at $974 billion, down 2.5% in the past 24 hours. Let’s look at relevant Bitcoin and … Read more

The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price

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$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price. Go to Source Powered by WPeMatico

Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses

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A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market valuations was solana, losing 19.12% against the U.S. dollar. Bitcoin was the second biggest loser in the top ten, as the leading crypto asset shed … Read more