(Bloomberg) — Most Read from Bloomberg Just months ago, the Chinese yuan was reigning supreme as emerging markets’ own haven asset, shielding investors from the turbulence of war and runaway inf...
Tag: Emerging
DOGE Price Could Sail 15% Rally With This Emerging Pattern
Published 6 seconds ago The Dogecoin(DOGE) price, currently trading at the $0.0625 mark, continues its consolidation in a narrow range. However, the lower time frame chart is shaping into a bullish re...
IMF Bailout Approval Helps Zambian Kwacha Take the Russian Ruble’s Position as World’s Best Performing Currency – Emerging Markets Bitcoin News
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...
Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed – Emerging Markets Bitcoin News
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, t...
Interview with Ben Caselin, Head of Research and Strategy at AAX on Bitcoin in Emerging Markets Survey
AAX in association with Forrester Research recently published the findings of a survey conducted in Africa, Latin America, the Middle East and Southeast Asia on Bitcoin adoption. We asked Ben Caselin,...
Three Ways How Blockchain Technology Is Already Changing The Lives Of Thousands Of Workers In Emerging Countries
The rise of the internet made the world feel like a smaller place. Economic globalization allows companies to source talent in all parts of the world, giving billions of people the opportunity to part...
Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador – Emerging Markets Bitcoin News
El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Sa...
Emerging Pattern May Push LTC Price To $64.6 Mark
Published 20 mins ago A morning star candle formation at the $52.2 support indicates the buyers are attempting price recovery. However, no significant jump in volume activity yet means a better confir...
This Is When Japan Will Overhaul Crypto Tax Save Emerging Companies
To prevent emerging startups from migrating out of the country, Japan is planning to soon launch new crypto tax rules. The country’s Financial Services Agency and Ministry of Economy, Trade and Indust...
East African Single Currency Unlikely to Be Introduced by 2024 – Emerging Markets Bitcoin News
There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this...
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes – Emerging Markets Bitcoin News
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of ov...
There’s a new supercycle emerging for the economy, and these are the stocks that would benefit, strategist says
It’s been an interesting summer for financial markets — more or less, a series of mostly downbeat economic data led traders to think the Fed will ease off the pedal, though over the last week they’re ...
Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’ – Emerging Markets Bitcoin News
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of ...
China’s Hyped Decoupling From Emerging Markets May Prove a Blip
(Bloomberg) — A gulf has opened up between Chinese stocks and the rest of emerging-market equities in recent weeks as pandemic recoveries have diverged. That parting of ways is likely to be shor...
Qatari National Blockchain Blueprint Spotlights Benefits of the Technology to Country’s Economy – Emerging Markets Bitcoin News
Qatar’s recently released “National Blockchain Blueprint” has suggested that the technology, combined with a “solid regulatory framework,” can help the country build an innovative information technolo...
More Millionaire Shiba Inu Owners Are Emerging, Data Shows
More Shiba Inu millionaire holders seem to be emerging, according to data from IntoTheBlock. The Holdings Distribution Matrix indicator, which shows a breakdown of different groups of addresses accord...
Emerging Patterns May Push QNT Price To $156, But What Next?
Published 12 hours ago The QNT price showed a sharp trend reversal as it bounced back from the $42.5 support on June 18th. Thus, the V-shaped recovery displayed a steady march towards the north, gaini...
Web3 gives creators in emerging markets a shot, says Faro Company CEO
While the entertainment and production industry is still primarily dominated by the West, shows like the Squid Game demonstrate an opportunity for non-Western productions to take flight on the interna...
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country’s economy stumbled. In May 2022, the governme...
Emerging GameFi Projects with Huge Potential: Klangaverse, Decentraland, and Sandbox
GameFi is a promising sector of the cryptocurrency market which refers to play-to-earn blockchain games. The gaming industry is a vast terrain with great potential for earning a passive income. GameFi...
Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation – Emerging Markets Bitcoin News
Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose rapid accumulation of U.S. dollars recently accelerated the depreciatio...
A land use dispute in Colorado spotlights an emerging approach to powering bitcoin mining
Inspectors from Adams County, Colorado recently came across an unfamiliar sight: Containers filled with crypto mining machines drawing power from oil and gas wells. Then the county decided that the ma...
A boon for emerging markets?
Dollars at the click of a button on the Lightning Network could soon become a reality. An innovation from Galoy, the provider of open source core banking platforms such as the Bitcoin (BTC) Beach wall...
The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido – Emerging Markets Bitcoin News
Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the Central bank of Venezuela designa...
The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations – Emerging Markets Bitcoin News
A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a ...
IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks – Emerging Markets Bitcoin News
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. Th...
Solana (SOL) Emerging As New Competitor to Ethereum’s NFT Dominance: Analytics Firm Messari
New data from crypto insights firm Messari reveals that Solana (SOL) is emerging as a challenger to leading smart contract platform Ethereum’s (ETH) non-fungible token (NFT) market dominance. In a rec...
Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies – Emerging Markets Bitcoin News
About 53% of South Africans have little to no knowledge about cryptocurrency, while only 14% thought or felt they had a better understanding of the subject, a report has said. Nearly half of the respo...
Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report
The Asia Pacific region is seeing a major business shift with increasing numbers of new technology startups appearing, even as venture capital investment is decreasing compared to last year. A report ...
KuCoin CEO Sees India Emerging as Key Market, Denies Being in Stress KuCoin CEO Sees India Emerging As Key Market, Denies Being in Stress
While many top-tier crypto exchanges have given up on India given the regulatory uncertainty and bear market, KuCoin CEO Johnny Lyu is bullish on the local market for the long run. In a recent intervi...
Announcing the Launch of Ursa Live’s Music NFT Marketplace for Emerging Artists
New York, United States, 25th July, 2022, Chainwire Founded by former artist/producer Chad Royce and former artist manager Larissa Brown-White, Ursa Live makes live streaming accessible and interactiv...
Head of African Regional Central Bank Calls for Creation of Digital Currency – Emerging Markets Bitcoin News
The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be used by six countries belongi...