exchange

Nigeria’s journey to a managed float system, conceived to merge its numerous exchange rates, gathered pace on Tuesday after the newly integrated official rate and the parallel market rate met at parity. The development signals that a regime enabling market forces to largely set the price of the naira is in the offing. The government had controlled the spot rate for years until last week, keeping it artificially strong and widening the gulf between it and the black-market rate to almost 60 per cent, a put-off for…

Companies such as Nasdaq do a lot more than trading these days, and investors should consider them for a range of potential growth opportunities. Companies such as Nasdaq do a lot more than trading these days, and investors should consider them for a range of potential growth opportunities. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

JP Morgan has said that the official naira exchange rate to the US dollar would steady in the months ahead. But the multinational financial services firm expects the local currency to jump to at least the rate on the black market following initial pressure from a monetary policy reset. Nigeria weakened its currency by more than one-third on Wednesday on the official market in a move to converge its numerous exchange rates around that used on the parallel market. Analysts see the push as crucial to stabilising the…

JP Morgan has said that the official naira exchange rate to the US dollar would steady in the months ahead. But the multinational financial services firm expects the local currency to jump to at least the rate on the black market following initial pressure from a monetary policy reset. Nigeria weakened its currency by more than one-third on Wednesday on the official market in a move to converge its numerous exchange rates around that used on the parallel market. Analysts see the push as crucial to stabilising the…

A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City.Spencer Platt | Getty ImagesShares of Mediterranean restaurant chain Cava soared as much as 107% in its market debut Thursday morning before giving up some of those gains.The stock opened at $42 per share, giving the company a market value of $4.68 billion. After spiking even higher, shares are trading around $41, still more than 85% above its initial…

Binance, the world’s largest cryptocurrency trading platform, enters the Bitcoin Ordinals market. Binance launched an NFT marketplace that will support Ordinals in a move aimed at expanding Binance’s multi-chain ecosystem and providing its customers with the ability to trade Ordinals directly on the platform. This support for Bitcoin Ordinals strategically comes amidst mounting regulatory scrutiny by the SEC. As it navigates this regulatory landscape, many wonder if innovative projects like Avorak AI can secure a listing…

Big Eyes Coins are making all the noise in the crypto market, the project is forefronting the meme space as we speak! The question is – are you in yet? As it comes out of presale, Big Eyes Coin (BIG) announced that it will list on Poloniex CEX, and Uniswap, as well as OKX DEX compatibility. So, what else does the future have for it? Big Eyes Coin: Centralized Exchange Listings The interest in Big Eyes Coin and the power its community carries cannot be questioned, as it raises a whopping $46 million after 15 successful…

The Fed also accuses them of conspiring to launder about 647K bitcoins The U.S. Department of Justice has charged two Russian nationals for hacking and causing the subsequent collapse of Mt. Gox, one of the largest and most popular crypto exchanges. In an unsealed indictment, the DoJ named Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, of hacking the exchange and conspiring to launder about 647,000 bitcoins, worth about $17.2 billion today. Bilyuchenko was also charged for…

Image: JOCA_PH (Shutterstock)Cryptocurrency exchange Binance’s U.S. arm has indefinitely paused deposits and withdrawals of American dollar deposits and withdrawals. The company announced it would be freezing these assets after the U.S. Securities and Exchange Commission filed a lawsuit against the exchange and CEO Changpeng Zhao. He Tossed His Bitcoin, Now He Wants It BackThe U.S. affiliate of the popular cryptocurrency exchange announced the freeze in a lengthy tweet posted Thursday night. Binance.US said in the tweet…

Coinbase Stock Tumbles After Crypto Exchange Gets Sued by SEC Coinbase stock tumbles after the crypto exchange and the crypto exchange gets sued by SEC. The US Securities and Exchange Commission (SEC) aimed the most dominant force in the world of cryptocurrencies on Monday, following months of debates, threats, and warnings. The US Securities and Exchange Commission charged Binance and its founder, Changpeng Zhao, with conducting a “web of deception,” charging him and his exchange with 13 charges. Binance manages…