The Central Bank of Ethiopia imposed new restrictions on trading foreign currencies in the Ethiopian local markets, as of Monday, and they are applied to citizens and foreign residents and visitors to the country. The bank stated that the addressees of these new operations will be prohibited from carrying more than 3,000 Ethiopian birr upon … Read more
Last updated January 22, 2023 Cryptocurrency lending company Genesis on Friday officially declared bankruptcy, in the latest blow to the market following the bankruptcies of FTX and BlockFi late last year. The bankruptcy announcement comes after the Securities and Exchange Commission accused Genesis of illegally selling cryptocurrencies. On November 16, the company froze redemptions and … Read more
The return of foreign investment, the increase in dollar resources, and the launch of derivatives contracts The Central Bank of Egypt announced that banks operating in the Egyptian market are promoting financial derivatives operations, “hedging contracts” in the exchange market, as part of a package of measures taken by the Central Bank to achieve balance … Read more
Binance, which operates the world’s largest cryptocurrency exchange, said it managed to navigate “headwinds” in the cryptocurrency market over the past year, which has been challenging for the cryptocurrency market as a whole. The cryptocurrency market was not very fortunate in 2022, as it lost about two trillion dollars last year, and popular cryptocurrencies such … Read more
Wall Street Negativity dominated the main indices of the US market at the opening, especially after the statements of the Fed’s member Bullard, which did not come to the liking of the markets, which expect the Fed to retreat from the aggressive monetary tightening policy. The dollar and the euro The US dollar index is … Read more
Why has the trading volume of this cryptocurrency suddenly increased by 300%? On Monday, the price of Cronos (CRO) – the native digital currency of the Crypto.com trading platform, continued to rise while the price of other digital assets remained unchanged. The price of the digital currency reached its highest level since November 11 when … Read more
© Reuters. BeInCrypto Predictions for 2023: Will Crypto Recover? The Terra network collapsed in May, then FTX went bankrupt in November, and BlockFi and the Three Arrows hedge fund went down. As all of their files moved to the bankruptcy courts in the black 2022, what does 2023 hold for the crypto sector? Is the … Read more
Dr. Abdel Latif Darwish, professor of economics, said that the virtual world is evolving day after day, which means that digital currencies must be contained. Darwish added, during his appearance via Skype, on the “Matrouh for Discussion” program broadcast on the “Cairo News” channel, that dealing with digital currencies is primarily a psychological issue, … Read more
Washington – AA Posted on: Saturday, January 14, 2023 – 10:50 PM | Last update: Saturday January 14, 2023 – 10:50 PM Republican lawmakers in the US House of Representatives announced the formation of a new subcommittee that will oversee the cryptocurrency industry, led by Rep. French Hill, that … Read more
bitcoin Popular investor Cathy Wood, CEO of Ark Investments, added another 74,792 shares of the cryptocurrency trading platform Coinbase to the company’s investment portfolio, and also added 99,523 shares of the American electric car maker Tesla, over the weeks. the past few years, which pushed stocks to rise despite the degree of uncertainty in global … Read more