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BRICS: Nigeria Plans To Sell Oil in Local Currency
Nigeria had applied to join BRICS in 2023 but the application was rejected at the15th summit in Johannesburg. Despite the rejection, Nigeria is looking at possible ways to join BRICS and be a part of the bloc. The African country wants to strengthen its local currency, the Naira, by allowing other countries to settle trade in their tender. The Senior Advocate of Nigeria, Femi Falana has urged the Federal Government to follow BRICS ideals of de-dollarization and sell crude oil in local currency Naira and not the US dollar.
Falana urged the Nigerian government to rely less on the US dollar and use Naira for crude oil payments. The State-advocate called the government to ignore predictio
#TrendingTopic
Nigeria had applied to join BRICS in 2023 but the application was rejected at the15th summit in Johannesburg. Despite the rejection, Nigeria is looking at possible ways to join BRICS and be a part of the bloc. The African country wants to strengthen its local currency, the Naira, by allowing other countries to settle trade in their tender. The Senior Advocate of Nigeria, Femi Falana has urged the Federal Government to follow BRICS ideals of de-dollarization and sell crude oil in local currency Naira and not the US dollar.
Falana urged the Nigerian government to rely less on the US dollar and use Naira for crude oil payments. The State-advocate called the government to ignore predictio
#TrendingTopic
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The End of the Road for Bonk?
While no one can accurately predict the future, the recent decline in the price of #BONK could pave the way for a deciding moment for the asset’s future price.Such a substantial price drop can easily turn into a downward spiral that sends the price into hard-to-recover-from levels. The second largest meme coin, Shiba Inu, is an example of a token that has faced a similar struggle. While SHIB has impressed in recent weeks, it remains 87.79% below its October 2021 all-time high.Meanwhile, BONK’s
James Murphy Criticizes SEC Over Using ‘Digital Asset Securities’ Yet Again
#XRP Lawsuit Settlement
With a most anticipated Trump win in the US elections this season, there are high expectations of clear regulatory policies for crypto under Trump, as he had voiced similar sentiments during his campaigns including Gary Gensler’s exit and the establishment of a strategic Bitcoin reserve.
However, recently, Gary Gensler in a PLI’s 56th Annual Institute speech last week, restated that Bitcoin is not a security. He also cleared intent to continue targeting XRP as security,
With a most anticipated Trump win in the US elections this season, there are high expectations of clear regulatory policies for crypto under Trump, as he had voiced similar sentiments during his campaigns including Gary Gensler’s exit and the establishment of a strategic Bitcoin reserve.
However, recently, Gary Gensler in a PLI’s 56th Annual Institute speech last week, restated that Bitcoin is not a security. He also cleared intent to continue targeting XRP as security,
#Bitcoin Hits $94,500 All-Time High While Crypto Market Drops 1% Today
Bitcoin Hits $94,000, Reaches Record High
The leading cryptocurrency has created a new all-time high and proved its resilience and allure as a store of value despite mixed market conditions.
But while the larger cryptocurrency market wasn't quite so celebratory. In the last 24 hours, the total market capitalization of cryptocurrencies edged down 1%, indicative of patchy sentime
Ethereum/BTC Falls to Its Lowest Since April 2021
Ethereum, the largest cryptocurrency after Bitcoin by market capitalization, has suffered greatly against Bitcoin. The ETH/BTC trading pair has fallen below 0.033 for the first time since April 2021. With this fall, Bitcoin is overtaking the market, and its share of the total market capitalization has now surpassed 50%.
$BTC
Bitcoin Hits $94,000, Reaches Record High
The leading cryptocurrency has created a new all-time high and proved its resilience and allure as a store of value despite mixed market conditions.
But while the larger cryptocurrency market wasn't quite so celebratory. In the last 24 hours, the total market capitalization of cryptocurrencies edged down 1%, indicative of patchy sentime
Ethereum/BTC Falls to Its Lowest Since April 2021
Ethereum, the largest cryptocurrency after Bitcoin by market capitalization, has suffered greatly against Bitcoin. The ETH/BTC trading pair has fallen below 0.033 for the first time since April 2021. With this fall, Bitcoin is overtaking the market, and its share of the total market capitalization has now surpassed 50%.
$BTC
#BinanceEarnings presents a golden opportunity to grab some $NEIRO !
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#COSSocialFiRevolution #BitcoinETFOptions #BitcoinStrategy #90kCryptoZone
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#AVAX Coin Price Successfully Retests Its Important Support Trendline!
With a weekly gain of ~5%, the Avalanche price has maintained its value above the $30 mark. Moreover, it has added 25.69% to its valuation in the last 30 days. It is currently holding the 12th position with a market cap of $14.38 billion.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram with a steady rise in the green histogram. This indicates a positive outlook for the altcoin in the crypto market.
On the other hand, the EMA 50/200-day records a Golden Cross in the 1D time frame. With increasing volatility, the AVAX token may continue gaining value in the upcoming time.
$AVAX
With a weekly gain of ~5%, the Avalanche price has maintained its value above the $30 mark. Moreover, it has added 25.69% to its valuation in the last 30 days. It is currently holding the 12th position with a market cap of $14.38 billion.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram with a steady rise in the green histogram. This indicates a positive outlook for the altcoin in the crypto market.
On the other hand, the EMA 50/200-day records a Golden Cross in the 1D time frame. With increasing volatility, the AVAX token may continue gaining value in the upcoming time.
$AVAX
Ron Hammond, the director of government relations
Ron Hammond, the director of government relations in Blockchain Association has shared a series of X posts noting that if the past 7 days felt like a whirlwind, brace yourself. He claims that crypto and the incoming Trump administration are just getting started.
Starting with the incoming administration, he noted that this week there could be key announcements that will show how Trump plans to approach crypto. He also noted that while Trump may be pro-crypto publicly, major decisions will ofte
Starting with the incoming administration, he noted that this week there could be key announcements that will show how Trump plans to approach crypto. He also noted that while Trump may be pro-crypto publicly, major decisions will ofte
PNUT Hits $1.85 After $7.12M Whale Move, GOAT Climbs 90%
PNUT Hits $1.85 After $7.12M Whale Move, GOAT Climbs 90% in Solana Meme Coin ExplosionShiba Inu Burn Rate Spikes 464% With Over 624M SHIB Burned in a Week, Price Gains Ahead?Dogecoin Eyes $4 After Elon Musk Affirms 'D.O.G.E. Has Real Potential'Trump's 2025 Policies Poised to Take Crypto Mainstream: Bitcoin Boom and DeFi Surge, Says Redstone Co-FounderEthereum's Rising Exchange Reserves and ETF Inflows: A Prelude to Major Price Moves?Ripple whales have accumulated 320 million XRP in a massive buy
Ethereum price (ETHUSD) resumes its negative trading to approach 3042.50$ level,
#Ethereum price (ETHUSD) resumes its negative trading to approach 3042.50$ level, noticing that the price completes forming head and shoulders’ pattern that we expect to push the price to break the mentioned level followed by heading to achieve more negative targets in the upcoming sessions, as the next target reaches 2825.00$, while the expected decline will remain valid unless the price rallied to breach 32620.00$ and hold above it.
Read more: 5 Best Platforms to Discover Promising Crypto
Read more: 5 Best Platforms to Discover Promising Crypto
#BinanceEarnings presents a golden opportunity to grab some $NEIRO !
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BONK Price Analysis In the daily chart,
#BONK Price Analysis
In the daily chart, the BONK price action reveals a triangle breakout rally gaining momentum. The breakout rally challenges the 100% Fibonacci level as it faces higher price rejection from $0.00004109.
With an intraday gain of 2.29%, it marks the 6th consecutive bullish candle in the making.
The bull cycle accounts for a price surge of 75% in the last 5-6 days. Furthermore, in tracing back to the ongoing bull cycle’s inception, it started with the morning star pattern near
In the daily chart, the BONK price action reveals a triangle breakout rally gaining momentum. The breakout rally challenges the 100% Fibonacci level as it faces higher price rejection from $0.00004109.
With an intraday gain of 2.29%, it marks the 6th consecutive bullish candle in the making.
The bull cycle accounts for a price surge of 75% in the last 5-6 days. Furthermore, in tracing back to the ongoing bull cycle’s inception, it started with the morning star pattern near
AI can be used in 'every single process' of JPMorgan’s operations, says CEO
JPMorgan CEO Jamie Dimon says artificial intelligence could be applied to “every single process” of his firm’s operations and may replace humans in certain roles.
In an Oct. 2 interview with Bloomberg, Dimon said he expects to see “all different types of models” and tools and technology for AI in the future. “It’s a living, breathing thing, he said, adding:
“So it might be as a co-pilot, it might be to replace humans … AI is doing all the equity hedging for us for the most part. It’s idea genera
In an Oct. 2 interview with Bloomberg, Dimon said he expects to see “all different types of models” and tools and technology for AI in the future. “It’s a living, breathing thing, he said, adding:
“So it might be as a co-pilot, it might be to replace humans … AI is doing all the equity hedging for us for the most part. It’s idea genera