The US dollar paused its three-day rally, falling against the Brazilian real on Monday. This downturn mirrored the dollar’s global retreat as markets braced for upcoming US economic reports. The spot dollar closed at R$4.9821, marking a 0.23% decline. Yet, it has risen by 0.88% throughout February. On Brazil’s B3 exchange, future dollar contracts dropped […]
Related Posts
Brazil Faces Highest Rate of Internet Data Breaches Globally
In an alarming revelation by NordVPN, a leader in the cybersecurity industry, Brazil has been identified as the country most affected by internet data breaches. The report unveils that over two billion cookies containing user information were compromised last year alone. This study, analyzing 54 billion leaked cookies worldwide, identified Brazil as the chief cyber […]
Saudi Aramco Explores Strategic Crypto Investments
Saudi Aramco, the global leader in oil and one of the world’s most valuable companies, is partnering with Japan’s SBI Holdings to explore cryptocurrency investment. This partnership indicates a shift in Aramco’s strategy towards digital assets. SBI Holdings, part of the SBI Group, focuses on financial services, asset management, biotechnology, and IT, emphasizing digital assets. […]
Cryptocurrencies soar after Grayscale ETF win
Cryptocurrencies soar after Grayscale ETF win – The failure to block a Bitcoin ETF led to considerable gains across the crypto space, including a US$2 billion surge in Grayscale Investments’ Bitcoin fund, GBTC. This resulted in a decrease of its discount relative to its underlying Bitcoin holdings to less than 17%, a significant decrease from […]