Month: July 2024

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

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Ethiopia’s birr plunged 30% against the dollar after the central bank floated the currency as part of reforms aimed at correcting foreign exchange market distortions. The bank also eliminated foreign exchange surrender requirements and lifted restrictions on certain imports. In return, Ethiopia, which is seeking BRICS membership, is expected to receive a $10.7 billion loan … Read more

All Eyes on RCO Finance (RCOF) as Experts Say It Will Rise Above PEPE and BONK Soon

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RCO Finance (RCOF) is rapidly gaining attention in the cryptocurrency world, with experts suggesting it could soon outperform popular memecoins like Pepe Coin (PEPE) and BONK (BONK).  Why is RCOF considered a promising contender in the market over PEPE and BONK? Let’s see.  PEPE Still Has Traction Despite Recent Decline, Analysts Optimistic Amid Ethereum ETF … Read more

Wazirx Says ‘Poll Is Not Final’ — Shares Additional Cyberattack Recovery Plan

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Indian crypto exchange Wazirx has assured users that the poll conducted to gather input for reopening the platform following the recent major cyberattack is not final and “not legally binding upon the users or Wazirx.” Co-founder Nischal Shetty explained that Wazirx “will soon launch a feedback form to collect more ideas.” He emphasized the importance … Read more

Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises

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Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over the past seven days. … Read more

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