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    Zimbabwe Injects $50M in Forex Market to Stabilize Currency

    Zimbabwe Injects $50M in Forex Market to Stabilize Currency

    Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the economy. This move comes as the parallel market exchange rate is significantly higher than the official rate,...
    Michigan pension fund discloses $6.6 million in Bitcoin ETFs

    Michigan pension fund discloses $6.6 million in Bitcoin ETFs

    The State of Michigan Retirement System holds $6.6 million in 21Shares’ ARKB ETF. Michigan pension fund’s disclosure adds to growing number of US state pension funds buying spot Bitcoin ETFs. BTC has surged to $68,000 again amid the Bitcoin 2024 conference. The State...
    Salvadoran Basic Goods Basket Rose to Historic Highs in June

    Salvadoran Basic Goods Basket Rose to Historic Highs in June

    The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele...
    US Bitcoin ETFs Report $31.16M Inflows on Thursday

    US Bitcoin ETFs Report $31.16M Inflows on Thursday

    Based on Thursday’s data, the 11 U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows following Wednesday’s increases. Statistics indicate that $31.16 million was absorbed primarily by Blackrock’s IBIT, although...
    bitFlyer completes acquisition of FTX Japan

    bitFlyer completes acquisition of FTX Japan

    bitFlyer has acquired 100% of FTX Japan shares and will rebrand the platform by August 26, 2024. The Tokyo-based crypto exchange will also launch a new crypto custody business via the new subsidiary. Japanese crypto exchange bitFlyer Holdings has announced the...
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