Tag Archives: overvalued

[ad_2][ad_1] A former Microsoft software engineer and Buycoins Africa co-founder Tomiwa Lasebikan says some Nigerian expats are now using bitcoin to bypass the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria’s (CBN) fixed $ 1: 380 exchange rate takes recipients away 20-30% of …

[ad_2][ad_1] A new report by Multicoin Capital suggests that Litecoin is significantly overvalued According to the cryptocurrency fund hedge fund Multicoin Capital, also to that brand, Litecoin is "significantly overvalued." Multicoin which is short-lived LTC, exposes its thesis to the asset in a new report, created by the managing partner …