Cryptocurrency Market

  • Market Cap: $2,400,692,372,244.38
  • 24h Vol: $55,280,457,118.45
  • BTC Dominance: 56.54%

de-dollarization

sound-money-defense-league-executive:-gold-protects-against-inflation,-fiat-risks

Sound Money Defense League Executive: Gold Protects Against Inflation, Fiat Risks

In a recent interview with Kitco News, Jp Cortez, the executive director of the Sound Money Defense League, discussed the growing sound money movement across the United States. Cortez emphasized the significance of legislative wins, such as the removal of sales taxes on precious metals in 45 states, and highlighted the increasing trend of de-dollarization. […]

Sound Money Defense League Executive: Gold Protects Against Inflation, Fiat Risks Read More »

us-license-expiration-imperils-russia-china-trade-in-chinese-yuan

US License Expiration Imperils Russia-China Trade in Chinese Yuan

A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions and Russia’s de-dollarization efforts. Chinese banks are wary

US License Expiration Imperils Russia-China Trade in Chinese Yuan Read More »

satoshi’s-last-emails:-‘make-it-about-the-open-source-project,’-economist-predicts-‘catastrophic’-fall-in-us-living-standard,-frc-shares-plummet,-and-more-—-week-in-review

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review

Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Bitcoin.com News Week in Review. The

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review Read More »

us-senator-rand-paul-warns-of-us-dollar-losing-reserve-currency-status-—-says-‘it’s-not-an-unfounded-prediction’

US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’

U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status U.S. Senator

US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’ Read More »

russian-foreign-minister-sergey-lavrov-states-de-dollarization-‘can-no-longer-be-stopped’

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped, and that the future of traditional international institutions like the International Monetary

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’ Read More »

indonesia-is-following-brics-de-dollarization-lead,-says-central-bank-governor

Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor

Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s central bank governor. The BRICS nations are working on creating a common currency to reduce their USD reliance. Indonesia’s De-Dollarization Efforts Bank of Indonesia Governor Perry Warjiyo said Friday that

Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor Read More »

treasury-secretary-yellen-says-us-government-will-take-‘any-steps-necessary’-to-preserve-its-financial-dominance

Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance

According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure its financial system remains the world’s strongest and safest. Yellen said that the U.S. government will not hesitate to punish Chinese companies that violate its Russian sanctions policy. U.S. Ready to Shore up Its Financial

Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance Read More »

iranian-professor:-saudi-arabia-may-join-de-dollarization-shift-as-us-dollar-is-now-‘unreliable-and-dangerous’

Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’

A University of Tehran professor and member of Iran’s Presidential Delegation to China has stressed the importance of de-dollarization for the international community. “The dollar has been used as a weapon by the U.S. against different countries. It is unreliable and it is dangerous,” the professor warned. Iranian Professor Stresses the Importance of De-Dollarization Professor

Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’ Read More »

de-dollarization:-china,-brazil-can-be-instrumental-in-building-less-centralized-world-with-no-hegemony,-says-lula’s-adviser

De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser

Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed: “I think it’s very important that we are free from the dominance of

De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser Read More »

de-dollarization-trend-irreversible,-flight-from-us-dollar-sure-to-accelerate,-says-russian-official

De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official

Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries and sober-minded politicians are drawing relevant conclusions and these conclusions are definitely in favor of terminating dependence on the West.” Russian

De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official Read More »