Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer

In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that period. Meanwhile, the Kenyan shilling appreciated by 20.7%, ranking it as the best performer. The depreciation of the Nigerian naira was primarily driven by U.S. dollar shortages. Naira Falls for 9 Straight Days The Nigerian … Read more

Zambia Working on Establishing an AI Framework, Says Minister

Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced education, and sustainable development. Zambia Revising Cyber Security and Crime Law The Zambian government has … Read more

Bitcoin Tops Michael Dell’s Poll on X, Outshining AI and Love With Over 64,000 Votes

Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence (AI), love and relationships, and the crypto asset network Bitcoin. The poll concluded with Bitcoin receiving a majority of the more than 64,000 votes. Dell’s Poll on AI, Bitcoin, or Love and Relationships — Elon Musk … Read more

Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’

Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom companies to invest billions of dollars in infrastructure. Additionally, Depins assist existing infrastructure in accommodating the ever-growing number of devices that require internet connectivity. Depins Can Help Telecom Companies Save … Read more

Unlocking Value: Fair Price Discovery, the Role of Market Makers

Getting a token from inception to market is no mean feat and more often takes years of planning and commitment. Achieving fair price discovery and stability requires just as much commitment and energy. Generally speaking, market makers categorize the token pricing journey into four main phases: pre-generation construction, primary listing, price discovery and expansion, and … Read more

Market Analysis Reveals Overbought and Underbought Assets; Coinbase Derivatives Files For Regulated Futures

According to the MVRV Z-Score, which gauges asset valuations based on average trader returns, certain top cryptocurrencies are categorized as overbought or underbought. The analysis identifies Toncoin, Bitcoin, and Ethereum as overbought, while Uniswap and Shiba Inu are considered underbought. 📊 According to MVRV Z-Score, which identifies overvalued and undervalued assets based on average trader … Read more

Significant STRK Transfers: Multi-Sig Wallet Activity Linked To Starknet

In the past 24 hours, a multi-sig wallet (0x22c), potentially associated with Starknet, transferred 2.5 million STRK tokens (approximately $1.74 million) to Binance, FlowTraders, and a new wallet (0x750). This follows a recent transaction in which the wallet received 5 million STRK tokens from Starknet’s team. Shortly after, 750,000 STRK were transferred to Wintermute. Within … Read more