Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor,...
Tag: Emerging
Bitcoin Adoption Grows Rapidly In Emerging Markets: Here’s Why
Bitcoin was the first ever cryptocurrency to launch and even now it remains by far and away the most dominant form of digital money. Indeed, so strong is its primacy in the crypto world that it’s lead...
New Research Finds Bitcoin Adoption Increasing Across Emerging Markets – crypto.news
Bitcoin adoption and awareness has seen a significant increase across emerging markets like Africa, Latin America, the Middle East, and Southeast Asia, according to an independent study conducted by F...
Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function – Emerging Markets Bitcoin News
The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial instit...
Emerging Reversal Pattern Eyes $42.5 mark
Published 6 hours ago The Solana (SOL) price witnesses an increase of bullish influence over the consolidation range leading to a double bottom at the $31.75 support level. The bullish pattern has a n...
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulate...
Sri Lanka’s Revolution Holds Lessons For Emerging Markets
Sri Lanka’s President Gotabaya Rajapaksa speaks during the opening ceremony of the UN Climate Change … [+] Conference COP26 in Glasgow, Scotland on November 1, 2021. Andy Buchanan/Pool via...
Venezuela Ranks Third Among Countries With Most Crypto Adoption – Emerging Markets Bitcoin News
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report,...
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows – Emerging Markets Bitcoin News
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To count...
Historic Cascade of Defaults Is Coming for Emerging Markets
(Bloomberg) — A quarter-trillion dollar pile of distressed debt is threatening to drag the developing world into a historic cascade of defaults. Most Read from Bloomberg Sri Lanka was the first ...
Emerging Pattern May Push ETH Above $1265
Published 4 hours ago The Ethereum(ETH) price surpassed Bitcoin’s gains this week, registering 16.3% growth in the past four days. Moreover, the technical chart showcased the coin price resonating wit...
Solana (SOL) Emerging As Viable Threat to Ethereum in NFT Markets: DappRadar Report
DappRadar says Solana (SOL) could potentially pass Ethereum (ETH) as the leading blockchain for non-fungible tokens (NFTs). In a new report, DappRadar finds Solana is performing well in the NFT space ...
Emerging Pattern May Bolster SOL Above $42.5
The Solana (SOL) technical chart shows the formation of a cup and handle pattern, which may lead the altcoin to $42.6. However, the coin price is currently struggling to complete the handle portion as...
Bruised Emerging Markets Are Battle-Ready for a US Recession
(Bloomberg) — Emerging markets are well positioned to stare down a US recession and may even be able to lure investors their way. Most Read from Bloomberg That’s the message from money managers ...
Foreign Investors Drained $40 Billion From Emerging Asia Last Quarter, and It Could Get Worse
(Bloomberg) — Some of Asia’s biggest stock and bond markets outside China are seeing greater outflows than in previous market crises, and the process may just be getting underway. Most Read from...
Emerging Pattern May Soar SAND price by 20%
Published 10 mins ago The SAND price V-top reversal from the $1.27 resistance, questions the credibility of last week’s recovery rally. The downfall approaches the immediate support of $1, threatening...
Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela – Emerging Markets Bitcoin News
Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will ...
Global Emerging Markets Pledged $200M To Unizen’s Smart Exchange
Global Emerging Markets (GEM) has announced a $200 million financial injection to drive adoption, grow the company, and strengthen innovation for the CeDeFi exchange, Unizen. The money is tied to cert...
Unizen Announces $200 Million Capital Commitment Deal From Global Emerging Markets (GEM)
Crypto exchange aggregator Unizen has today successfully acquired a $200 million capital commitment from Global Emerging Markets (GEM) in a bid to bolster innovation on the platform. The funding, whic...
Global Emerging Markets (GEM) Pledged $200 Million Investment Fund Towards Unizen’s Smart Exchange Ecosystem
Global Emerging Markets (GEM) has announced a $200 million financial injection to drive adoption, grow the company, and strengthen innovation for the CeDeFi exchange, Unizen. The money is tied to cert...
One Ethereum Gaming Altcoin Stands Out From Rest of Emerging Market, According to Coin Bureau
The closely followed analyst and host of the popular Coin Bureau channel says that one metaverse altcoin has more potential than most crypto assets in the sector. In a new video update, the pseudonymo...
Unizen secures $200M in capital commitment by Global Emerging Markets
Centralized-decentralized (CeDeFi) exchange, Unizen has secured a $200 million capital commitment from Global Emerging Markets (GEM) as it looks to boost the innovation and adoption within the ecosyst...
Unizen Lands $200M Funding Commitment From Global Emerging Markets
Image source: Unizen Unizen has secured a $200 million funding commitment from Global Emerging Markets that it said will be used to accelerate the adoption of its centralized-decentralized exchange se...
CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor – Emerging Markets Bitcoin News
The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digit...
Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions – Emerging Markets Bitcoin News
Uphold, a New York-based cryptocurrency exchange, has announced it is closing its operations in Venezuelan markets. The company, which has already had problems with users in the country in the past — ...
Emerging Pattern Threatens to Break $4.16 Support
Published 4 hours ago Earlier this week, the WAVES price witnessed a significant inflow and jumped above the $6 resistance. However, a downsloping trendline of descending triangle pattern prevented fu...
Crypto Investors Are Adherents of the Greater Fool Theory – Emerging Markets Bitcoin News
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued th...
Emerging Crypto Art Platform Outland Raises $5M in Seed Round
Outland, an emerging crypto art platform based in Los Angeles, CA, has announced that it has raised $5 million in its first seed round in March 2022. Led by OKG Ventures, IMO Ventures, Dragon Roark, a...
Emerging Crypto Art Platform Outland Raises $5M Seed Round Led by OKG Ventures
Los Angeles, United States, 18th June, 2022, Chainwire Outland, an emerging crypto art platform based in Los Angeles, CA, has announced that it has raised $5 million in its first seed round in March 2...
Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs – Emerging Markets Bitcoin News
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencie...
Hard-Landing Dread Eclipses Brief Rally in Emerging Stocks
(Bloomberg) — The nascent rebound from a two-year low in emerging-market stocks is faltering on concern the Federal Reserve and other global policy makers will fail to orchestrate a soft landing...