Nigeria’s naira was quoted at 253 contrary to the U.S. dollar as a brand new interbank market opened on Monday but no trades were yet to be agreed, dealers said. Nigeria’s central bank said the other day it’d scrap its fixed exchange system which that has seen the currency pegged at 197 to the U.S. dollar for days gone by 16 months.
Tagged with: Business
Today marks the expiration of $3.12 billion worth of Bitcoin (BTC) and Ethereum (ETH) options, which might have an effect on market patterns. Market observers are eager to see if the expiry of Bitcoin’s theoretical value of more than $1 billion would affect the price, as it is still below the $100,000 barrier. Deribit data indicates that there are 26,251 Bitcoin options that are about to expire, with a notional value of $2.56 billion. With a put-to-call ratio of 0.57, buy options (calls) are more common than sell options (puts). For these options, the price at which the largest number of holders will experience financial losses is $99,500, which is the maximum pain threshold. Alongside Bitcoin, 204,376 Ethereum options contracts expire today, with a notional value of $557.04 million. These options have a maximum pain point of $2,950 and a put-to-call ratio of 0.46. The quantity of expiring options has significantly ...
Ọmọ Oòduà Naija Gist | News From Nigeria | Entertainment gist Nigeria|Networking|News.. Visit for Nigeria breaking news , Nigerian Movies , Naija music , Jobs In Nigeria , Naija News , Nollywood, Gist and more
