On September 27, 2024, the Nigerian All-Share Index (ASI) saw a slight decline, dropping by 0.07% or 64.88 points to close at 98,458.68. This dip came in spite of a significant surge in market volume, indicating a complex day of trading. Market Activity and Volume Surge The day was marked by a robust increase in … Read more
Coinbase CEO Brian Armstrong believes that cryptocurrency is poised to become the most efficient payment rail in the world. Speaking at a recent Goldman Sachs conference, Armstrong emphasized that the capabilities of cryptocurrency, particularly through Base, Coinbase’s layer-2 Ethereum (ETH) scaling solution, have radically improved global transaction efficiency. According to Armstrong, Base has brought transaction … Read more
Bitcoin, the world’s first cryptocurrency, has maintained its popularity and relevance despite the volatility and skepticism that have surrounded it since its inception in 2009. While other cryptocurrencies have emerged, Bitcoin continues to lead the market in terms of value, adoption, and attention. Its enduring popularity can be attributed to several key factors that make … Read more
In a landmark case, Robinhood, the well-known investment firm with a growing crypto department, has agreed to pay $3.9 million to settle allegations that it blocked users from withdrawing their cryptocurrency assets between 2018 and 2022. This settlement marks the first public action taken by the California Department of Justice (DOJ) against a cryptocurrency firm. … Read more
As we move into the final quarter of the year, it’s essential to evaluate the stock market performance to guide investment decisions. Here’s a snapshot of the August returns and full-year performance of various equities in the market, highlighting the best and worst performers. Top Performers in August Top Performers for the Full Year Notable … Read more
Cryptocurrency investments can be daunting, especially with the volatility and risks involved. However, some small, often overlooked investments have the potential to yield significant returns. Let me take you through how a tiny crypto investment could potentially turn into a million-dollar opportunity. I’ll use a first-person perspective to share insights and strategies. As someone deeply … Read more
In today’s dynamic job market, changes to employee benefits can have a significant impact on your financial future, especially when it comes to retirement planning. Recently, my company proposed removing our 401(k) program due to high fees and low participation. Instead, they offered to increase our salaries to offset the loss of this benefit, along … Read more
For those in unique financial situations, the typical advice around retirement planning, tax optimization, and investment strategies doesn’t always fit. Take my case, for example: at 26, I work for a U.S. government agency abroad, earning around $150,000 a year. Due to the nature of my job, my income becomes entirely tax-free as long as … Read more
Gold has long been regarded as a safe haven in times of economic uncertainty, and central banks across the globe recognize its importance as a key component of their reserves. According to the World Gold Council, the three main reasons for holding gold in central bank reserves are its safety, liquidity, and return characteristics—critical investment … Read more
This week, we’re celebrating Ethereum’s 9th birthday—yes, our favorite blockchain is officially entering its tweens! Like any pre-teen, it’s full of promise, a bit of drama, and the occasional inexplicable meltdown. Join us as we take a rollercoaster ride through Ethereum’s evolution, from a starry-eyed whitepaper to the drama queen of the crypto world. We’ll … Read more