Best Cryptocurrencies To Buy In May 2021 Now that you’re armed with all the important information you need to know to make a cryptocurrency investment, here are the top 10 cryptocurrencies for you to choose from. 1. Bitcoin The king of all cryptocurrencies, Bitcoin, is the first of its kind to have the highest liquidity value. This cryptocurrency aims at becoming a fully decentralized, global, peer-to-peer digital cash with no regulations. Despite the volatile nature of the market, Bitcoin is the most …
Month: May 2021
Following the explosive rise of their price and popularity, cryptocurrencies have come under increased scrutiny from governments and regulatory bodies. Although the legislative field is still playing catch up with respect to players in the virtual currency arena, there have been enforcement actions and a renewed focus on the regulation of crypto activities and participants. Most notably, the appointment of Gary Gensler by President Biden on April 14, 2021, as the new Chairman of the Securities and Exchange Commission (SEC), commences …
The collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s, according to the latest World Bank Nigeria Development Update (NDU). The report, “Nigeria In Times of COVID-19: Laying Foundations for a Strong Recovery,” estimates that Nigeria’s economy would likely contract by 3.2% in 2020. This projection assumes that the spread of COVID-19 in Nigeria is contained by the third quarter of 2020. If the spread …