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  • Market Cap: $3,674,420,871,785.59
  • 24h Vol: $384,897,097,080.39
  • BTC Dominance: 53.03%

U.S. dollar

brics-to-discuss-alternative-payment-platforms-at-upcoming-summit

BRICS to Discuss Alternative Payment Platforms at Upcoming Summit

Leave a Comment / Bitcoin, brics, China, Crypto Hacked, Cryptocurrency, dedollarization, Egypt, Ethereum, Ethiopia, Featured, financial platforms, India, Kazan, lula da silva, payment systems, Russia, Saudi Arabia, sergey lavrov, trade, U.S. dollar, UAE / / / , , , , , , , , , , , , , , , ,

Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized the increasing use of national currencies in BRICS trade, particularly with […]

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Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles

Leave a Comment / Bitcoin, central bank digital currencies, Crypto Hacked, Cryptocurrency, currency collapse, Economic Crisis, Economics, Ethereum, Federal Reserve, gold and silver, Hyperinflation, inflation, Lynette Zang, Purchasing Power, U.S. dollar / / / , , , , , , , , , ,

Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already underway, predicting a further decline in the U.S. dollar’s value. According to Zang’s recent interview with Kitco, the current financial trends indicate that the dollar’s purchasing power will reach zero, leading to a significant economic crisis by 2025. Zang Warns of Hyperinflation as U.S.

Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles Read More »

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Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Economic Crisis, Economics, Ethereum, Fed rate cut, Federal Reserve, gold, Gold Prices, inflation, inflation surge, interest rates, Peter Schiff, QE, Recession, Stock Market, Swiss francs, Treasury Yields, U.S. dollar / / / , , , , , , , , , , , , , , ,

Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed.

Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’ Read More »

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UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’

Leave a Comment / Bitcoin, commodities markets, Crypto Hacked, Cryptocurrency, currency markets, Economics, Ethereum, Fed rate cuts, gold, Gold Prices, gold record high, Inflation Data, U.S. dollar, UBS, UBS report / / / , , , , , , , , , ,

Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects

UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’ Read More »

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Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022

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Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and sanction-proof traits. According to his figures, 160 tonnes have been acquired without disclosure, likely to avoid upsetting the U.S. government for these actions. Analyst Alleges

Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022 Read More »

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Spreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans

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Over the past few weeks, there’s been a buzz of intrigue and speculation around World Liberty Financial, a decentralized finance (defi) project led by Eric Trump and Donald Trump Jr. After facing some rumors and critiques, the project’s X account finally released fresh details about its mission, aiming to clear the air. World Liberty Financial

Spreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans Read More »

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Payments in National Currencies Surge to 92% Among SCO Members

Leave a Comment / Bitcoin, brics, China, Cooperation, Crypto Hacked, Cryptocurrency, economic ties, Economics, Ethereum, financial, India, Investments, Iran, local currencies, multipolar, national currencies, Payments, Russia, SCO, trade, U.S. dollar / / / , , , , , , , , , , , , , , , ,

Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran, is encouraging the use of local currencies to strengthen

Payments in National Currencies Surge to 92% Among SCO Members Read More »

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Financial Expert’s Contrarian View: Lower Oil Prices, Weaker US Dollar Under Trump

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Michael Kao, a financial analyst and commentator renowned for his accurate predictions on oil and the U.S. dollar, offers a contrarian perspective on former President Donald Trump’s potential impact on these markets. Kao argues that Trump’s policies will be deflationary for oil and subsequently weaken the U.S. dollar. Market Analyst Michael Kao Predicts Trump’s Influence

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zambia-to-outlaw-use-of-foreign-currency,-criminals-could-face-jail-time-for-up-to-10-years

Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years

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The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S. dollar, for local transactions. If finally approved, the document would establish harsh penalties for infringement, including jail time for up to ten years and hefty fines. Zambia to Punish Illegal Use of

Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years Read More »

central-bank-of-bolivia-states-crypto-might-be-beneficial,-remarks-stablecoins-utility-as-dollar-proxy

Central Bank of Bolivia States Crypto Might Be Beneficial, Remarks Stablecoins Utility as Dollar Proxy

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Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as

Central Bank of Bolivia States Crypto Might Be Beneficial, Remarks Stablecoins Utility as Dollar Proxy Read More »