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Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low

Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points, the central bank hopes to “narrow the negative real interest rate gap and rein in inflation.” The rate increase came just …

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Settlements With China — Russia Plans Next Step for Digital Ruble

Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine war. Russian Federation Eyes Digital Ruble …

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Using Bitcoin Derivatives To Discern Speculation From True Momentum

Analyzing bitcoin derivatives gives a window into the state of the market conditions and can provide clues for when bitcoin has reached an absolute bottom. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain …

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The Security Budget Flaw That Proof-Of-Stake Introduces

The proof-of-work mechanism in Bitcoin provides security which Ethereum has sacrificed for short-term narrative benefits. This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. Ethereum founder Vitalik Buterin recently voiced concerns about Bitcoins long …

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Driving Bitcoin Adoption At Silverstone International Grand Prix

The Bitcoin Racing team aims to spread Bitcoin adoption at a historical track in the U.K. this October. This is an opinion editorial by Charles MacKenzie, head of business development at BitcoinRacing. The U.K.’s most prestigious motorsports circuit which became the Grand Prix’s permanent home in 1987, and has remained a fixture on the F1 …

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With Fiat Currencies Crumbling, It’s Time To Denominate In Bitcoin Terms

As fiat currencies crash against the USD, it makes sense to start using bitcoin denominations, even for day-to-day expenses. This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. Many fiat currencies are struggling to retain purchasing power in USD terms. The macro conversation …

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