Global

The recent price movement of Worldcoin (WLD) has caught the attention of traders and investors, as it has steadily risen back to the $2 mark. Despite this upward momentum, a significant number of WLD holders are still facing losses on their investments.

As Ethereum approaches the psychological $2,500 mark, traders are keenly observing its potential to break through this significant resistance level. While the cryptocurrency has shown some upward movement recently, questions linger regarding its momentum, particularly in light of relatively low trading volumes.

The Russian Energy Ministry is seeking greater authority to manage the burgeoning cryptocurrency mining sector, specifically aiming to disconnect miners from energy grids as they ramp up operations.

Revolut, the cryptocurrency-friendly neobank, recently announced a significant achievement in its fight against fraudulent crypto transfers. Between June 1 and September 1, 2024, the company successfully blocked up to $13.5 million worth of potentially fraudulent transactions.

Nayib Bukele, the maverick president of El Salvador, has long faced criticism from institutions and politicians alike for his unconventional approach to governance and finance.

In a significant shift, Nigeria, Africa’s largest oil producer, has decided to sell its crude oil in naira instead of US dollars. This decision, announced by the Federal Executive Council (FEC), marks a departure from decades of reliance on foreign currency for oil transactions, aiming to bolster the nation’s economic stability.