-
BTC 65,850.00 (+7.07%) -
ARS 1,089.60 (+1.76%) -
ETH 3,014.66 (+4.33%) -
PEPE <0.01 (+0.95%) -
SOL 156.31 (+9.48%) -
FLOKI <0.01 (+13.80%) -
WIF 3.02 (+8.13%) -
DOGE 0.16 (+8.06%) -
PEOPLE 0.05 (+45.01%) -
BOME 0.01 (+10.74%) -
NEAR 7.95 (+14.00%) -
XRP 0.52 (+3.52%) -
RNDR 10.73 (+8.16%) -
ENA 0.74 (+7.28%) -
WLD 5.09 (+8.60%) -
AEVO 0.83 (-18.00%) -
RUNE 6.28 (+14.01%) -
BONK <0.01 (+7.12%) -
AVAX 34.52 (+8.93%) -
AR 44.71 (+13.30%) -
FTM 0.76 (+18.37%) -
OP 2.51 (+3.56%) -
ORDI 38.81 (+5.95%) -
SUI 1.00 (+12.01%) -
JTO 4.27 (+12.59%) -
ARKM 2.43 (+7.86%) -
ICP 12.53 (+5.70%) -
PENDLE 4.44 (+13.52%)
Zimbabwe sells millions of gold backed crypto tokens despite IMF warning
Published: 2023-05-15
1. Introduction of Gold-Backed Cryptocurrency in Zimbabwe: Zimbabwe has introduced a new cryptocurrency,which is backed by gold reserves. The cryptocurrency has been launched by Zimbabwe-based fintech company,and it aims to tackle the ongoing cash crisis in the country. The gold-backed cryptocurrency is believed to be the solution to the country’s economic crisis.
2. Significance of Gold-Backed Cryptocurrency: The launch of gold-backed cryptocurrency is a significant step towards strengthening the country's economy. It is believed that the cryptocurrency will create more revenue for the country and reduce the country's financial dependencies on other countries. Moreover,it will enable people to transact digitally and without the need for paper currency.
3. Adoption of Cryptocurrency in Zimbabwe: Zimbabwe has been facing a cash crisis,and traditional methods of banking and transactions have become increasingly difficult for people in the country. In this scenario,the adoption of cryptocurrencies has been on the rise in Zimbabwe. The launch of gold-backed cryptocurrency is expected to increase the adoption of cryptocurrencies in the country,and it will enable people to transact securely and transparently. Overall,the launch of gold-backed cryptocurrency is a defining moment for Zimbabwe's economic crisis. The cryptocurrency is expected to create more opportunities and revenue for the country while enabling people to transact effectively and efficiently.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
65,850.00 | 2,666,022,727.88 |
| 2 | ARS |
1,089.60 | 1,987,997,428.20 |
| 3 | ETH |
3,014.66 | 949,047,853.52 |
| 4 | PEPE |
<0.01 | 793,033,971.91 |
| 5 | SOL |
156.31 | 677,196,409.71 |
| 6 | FLOKI |
<0.01 | 293,386,790.14 |
| 7 | WIF |
3.02 | 285,403,396.91 |
| 8 | DOGE |
0.16 | 266,889,460.88 |
| 9 | PEOPLE |
0.05 | 182,447,991.07 |
| 10 | BOME |
0.01 | 176,385,942.59 |
| 11 | NEAR |
7.95 | 173,547,074.54 |
| 12 | XRP |
0.52 | 163,770,328.08 |
| 13 | RNDR |
10.73 | 162,625,927.17 |
| 14 | ENA |
0.74 | 143,754,596.87 |
| 15 | WLD |
5.09 | 135,476,775.86 |
| 16 | AEVO |
0.83 | 135,050,890.88 |
| 17 | RUNE |
6.28 | 132,435,466.51 |
| 18 | BONK |
<0.01 | 92,521,766.19 |
| 19 | AVAX |
34.52 | 71,335,586.70 |
| 20 | AR |
44.71 | 64,785,022.93 |
| 21 | FTM |
0.76 | 63,484,518.57 |
| 22 | OP |
2.51 | 58,274,866.83 |
| 23 | ORDI |
38.81 | 57,959,413.41 |
| 24 | SUI |
1.00 | 52,422,225.75 |
| 25 | JTO |
4.27 | 46,415,634.71 |
| 26 | ARKM |
2.43 | 45,176,251.17 |
| 27 | ICP |
12.53 | 41,888,929.45 |
| 28 | PENDLE |
4.44 | 41,788,461.27 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | PEOPLE |
0.05 | +45.01 |
| 2 |  AXL |
1.06 | +19.04 |
| 3 |  IMX |
2.41 | +18.37 |
| 4 | FTM |
0.76 | +18.37 |
| 5 |  SEI |
0.53 | +16.64 |
| 6 |  TAO |
396.10 | +15.82 |
| 7 |  GMX |
31.86 | +15.60 |
| 8 |  BEAMX |
0.02 | +14.25 |
| 9 | RUNE |
6.28 | +14.01 |
| 10 | NEAR |
7.95 | +14.00 |
| 11 |  JOE |
0.48 | +13.90 |
| 12 | FLOKI |
<0.01 | +13.80 |
| 13 |  STX |
2.18 | +13.60 |
| 14 | PENDLE |
4.44 | +13.52 |
| 15 |  SUSHI |
1.13 | +13.34 |
| 16 | AR |
44.71 | +13.30 |
| 17 |  CHR |
0.32 | +13.27 |
| 18 |  YGG |
0.82 | +13.23 |
| 19 |  NMR |
27.52 | +12.79 |
| 20 |  PYTH |
0.45 | +12.75 |
| 21 | JTO |
4.27 | +12.59 |
| 22 |  RSR |
<0.01 | +12.24 |
| 23 |  RLC |
3.29 | +12.24 |
| 24 | SUI |
1.00 | +12.01 |
| 25 |  DOCK |
0.03 | +11.81 |
| 26 |  FIS |
0.49 | +11.60 |
| 27 |  TFUEL |
0.10 | +11.55 |
| 28 |  BICO |
0.46 | +11.48 |
| 29 |  JASMY |
0.02 | +11.37 |
| 30 |  CELO |
0.80 | +11.29 |
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 Bowman Speaks | Wednesday | 15-05-2024 | 20:20 |
| 2 | TIC Long-Term Purchases | Wednesday | 15-05-2024 | 21:00 |
| 3 | Unemployment Claims | Thursday | 16-05-2024 | 13:30 |
| 4 | Building Permits | Thursday | 16-05-2024 | 13:30 |
| 5 | Philly Fed Manufacturing Index | Thursday | 16-05-2024 | 13:30 |
| 6 | Housing Starts | Thursday | 16-05-2024 | 13:30 |
| 7 | Import Prices m/m | Thursday | 16-05-2024 | 13:30 |
| 8 | Industrial Production m/m | Thursday | 16-05-2024 | 14:15 |
| 9 | Capacity Utilization Rate | Thursday | 16-05-2024 | 14:15 |
| 10 | FOMC Member Barr Speaks | Thursday | 16-05-2024 | 15:00 |
| 11 | Mortgage Delinquencies | Thursday | 16-05-2024 | 15:10 |
| 12 | Natural Gas Storage | Thursday | 16-05-2024 | 15:30 |
| 13 | FOMC Member Mester Speaks | Thursday | 16-05-2024 | 17:00 |
| 14 | FOMC Member Bostic Speaks | Thursday | 16-05-2024 | 20:50 |
| 15 | CB Leading Index m/m | Friday | 17-05-2024 | 15:00 |
| 16 | FOMC Member Waller Speaks | Friday | 17-05-2024 | 15:15 |
| 17 | FOMC Member Daly Speaks | Friday | 17-05-2024 | 17:15 |
| 18 | FOMC Member Kugler Speaks | Saturday | 18-05-2024 | 22:45 |
