-
BTC 69,663.48 (+5.13%) -
ETH 3,437.60 (+11.66%) -
ARS 1,133.30 (+2.56%) -
SOL 183.58 (+8.45%) -
PEPE <0.01 (+16.18%) -
WIF 2.80 (+12.23%) -
XRP 0.53 (+4.32%) -
DOGE 0.16 (+4.91%) -
RUNE 7.16 (+7.83%) -
NEAR 8.20 (+4.62%) -
FTM 0.92 (+7.98%) -
BONK <0.01 (+3.72%) -
LINK 16.96 (+1.46%) -
RNDR 10.72 (+5.05%) -
BOME 0.01 (+8.72%) -
ENA 0.81 (+14.43%) -
PYTH 0.45 (+20.35%) -
AVAX 38.29 (+7.38%) -
PENDLE 5.89 (+23.54%) -
FLOKI <0.01 (+8.69%) -
UNFI 5.31 (+30.86%) -
WLD 4.97 (+5.14%) -
SUI 1.13 (+9.74%) -
ADA 0.49 (+3.49%) -
OP 2.76 (+11.99%) -
ORDI 42.83 (+7.56%) -
FIL 6.08 (+9.24%) -
RSR <0.01 (+18.83%)
IMF backs Nigeria crypto adoption amid local SEC crackdown
Published: 2024-05-10
1. IMF support for Nigeria's crypto adoption: The International Monetary Fund (IMF) has expressed backing for Nigeria's decision to adopt cryptocurrencies,emphasizing the potential benefits including financial inclusion and economic growth. The IMF's support for Nigeria's crypto adoption is seen as a positive move towards leveraging emerging technologies in the financial sector,with a focus on promoting financial inclusion among the country's population.
2. Securities and Exchange Commission (SEC) crackdown: While the IMF supports Nigeria's crypto adoption,the country's Securities and Exchange Commission (SEC) has announced plans to crack down on illegal cryptocurrency trading platforms. This crackdown is aimed at protecting investors from fraudulent schemes and ensuring the integrity of the country's financial markets. The SEC's regulatory efforts signal a commitment to promoting a safe and transparent crypto trading environment in Nigeria.
3. Impact on Nigeria's crypto landscape: The combination of IMF support and SEC crackdown is shaping Nigeria's crypto landscape,with a focus on balancing innovation and regulation in the digital asset space. The article highlights the importance of striking a balance between fostering crypto adoption and protecting investors,which is crucial for the long-term development of Nigeria's crypto industry. These developments reflect a broader trend of regulatory advancements and international recognition for Nigeria's crypto sector.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
69,663.48 | 2,535,496,291.37 |
| 2 | ETH |
3,437.60 | 1,685,785,611.26 |
| 3 | ARS |
1,133.30 | 1,511,142,914.30 |
| 4 | SOL |
183.58 | 859,843,167.44 |
| 5 | PEPE |
<0.01 | 337,589,009.10 |
| 6 | WIF |
2.80 | 210,704,476.61 |
| 7 | XRP |
0.53 | 167,013,272.03 |
| 8 | DOGE |
0.16 | 149,358,112.47 |
| 9 | RUNE |
7.16 | 141,198,011.62 |
| 10 | NEAR |
8.20 | 107,965,691.66 |
| 11 | FTM |
0.92 | 106,156,483.41 |
| 12 | BONK |
<0.01 | 98,465,574.62 |
| 13 | LINK |
16.96 | 93,873,029.80 |
| 14 | RNDR |
10.72 | 85,251,429.65 |
| 15 | BOME |
0.01 | 84,396,089.12 |
| 16 | ENA |
0.81 | 80,372,383.10 |
| 17 | PYTH |
0.45 | 73,506,977.51 |
| 18 | AVAX |
38.29 | 71,310,476.46 |
| 19 | PENDLE |
5.89 | 66,643,106.01 |
| 20 | FLOKI |
<0.01 | 63,501,911.05 |
| 21 | UNFI |
5.31 | 60,538,848.28 |
| 22 | WLD |
4.97 | 56,779,380.83 |
| 23 | SUI |
1.13 | 54,395,463.53 |
| 24 | ADA |
0.49 | 53,993,820.27 |
| 25 | OP |
2.76 | 53,423,994.35 |
| 26 | ORDI |
42.83 | 51,358,376.44 |
| 27 | FIL |
6.08 | 50,748,598.25 |
| 28 | RSR |
<0.01 | 47,540,274.87 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | UNFI |
5.31 | +30.86 |
| 2 | PENDLE |
5.89 | +23.54 |
| 3 | PYTH |
0.45 | +20.35 |
| 4 | RSR |
<0.01 | +18.83 |
| 5 |  ETHFI |
3.80 | +17.08 |
| 6 |  BEAMX |
0.03 | +16.54 |
| 7 | PEPE |
<0.01 | +16.18 |
| 8 |  LDO |
2.01 | +16.14 |
| 9 |  INJ |
27.91 | +14.67 |
| 10 | ENA |
0.81 | +14.43 |
| 11 |  METIS |
66.98 | +13.85 |
| 12 |  ENS |
16.44 | +13.77 |
| 13 |  TAO |
414.10 | +13.76 |
| 14 |  RAY |
2.02 | +13.63 |
| 15 |  GMX |
32.65 | +12.82 |
| 16 |  THETA |
2.43 | +12.63 |
| 17 | WIF |
2.80 | +12.23 |
| 18 | OP |
2.76 | +11.99 |
| 19 |  GNO |
331.20 | +11.74 |
| 20 |  MAV |
0.39 | +11.70 |
| 21 | ETH |
3,437.60 | +11.66 |
| 22 |  WBETH |
3,568.05 | +11.58 |
| 23 |  UNI |
8.60 | +11.50 |
| 24 |  IMX |
2.51 | +11.29 |
| 25 |  TNSR |
0.90 | +11.26 |
| 26 |  KSM |
32.15 | +11.25 |
| 27 |  REN |
0.06 | +10.58 |
| 28 |  MAGIC |
0.75 | +10.40 |
| 29 |  CHR |
0.36 | +10.30 |
| 30 |  IOTA |
0.23 | +10.19 |
Bitcoin's Greed and Fear Index.
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Mester Speaks | Monday | 20-05-2024 | 19:00 |
| 2 | Treasury Sec Yellen Speaks | Tuesday | 21-05-2024 | 09:00 |
| 3 | FOMC Member Waller Speaks | Tuesday | 21-05-2024 | 14:00 |
| 4 | FOMC Member Barkin Speaks | Tuesday | 21-05-2024 | 14:00 |
| 5 | FOMC Member Williams Speaks | Tuesday | 21-05-2024 | 14:05 |
| 6 | FOMC Member Bostic Speaks | Tuesday | 21-05-2024 | 14:10 |
| 7 | FOMC Member Barr Speaks | Tuesday | 21-05-2024 | 16:45 |
| 8 | FOMC Member Mester Speaks | Wednesday | 22-05-2024 | 00:00 |
| 9 | Existing Home Sales | Wednesday | 22-05-2024 | 15:00 |
| 10 | Crude Oil Inventories | Wednesday | 22-05-2024 | 15:30 |
| 11 | FOMC Meeting Minutes | Wednesday | 22-05-2024 | 19:00 |
| 12 | Unemployment Claims | Thursday | 23-05-2024 | 13:30 |
| 13 | Flash Manufacturing PMI | Thursday | 23-05-2024 | 14:45 |
| 14 | Flash Services PMI | Thursday | 23-05-2024 | 14:45 |
| 15 | New Home Sales | Thursday | 23-05-2024 | 15:00 |
| 16 | Natural Gas Storage | Thursday | 23-05-2024 | 15:30 |
| 17 | FOMC Member Bostic Speaks | Thursday | 23-05-2024 | 20:00 |
| 18 | Core Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 19 | Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 20 | FOMC Member Waller Speaks | Friday | 24-05-2024 | 14:35 |
| 21 | Revised UoM Consumer Sentiment | Friday | 24-05-2024 | 15:00 |
| 22 | Revised UoM Inflation Expectations | Friday | 24-05-2024 | 15:00 |
