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BRICS nations are rapidly abandoning the US dollar and encouraging other alliances to do the same. Now, over 90 countries are dropping US dollar for yuan, rupee, and not only. This movement represents ...
The BRICS alliance is advancing in the de-dollarization agenda by cornering the US dollar on the global stage. Local currencies are given prominence while the greenback is being sidelined for ...
Trump-Xi trade conflicts are flaring up again due to Trump’s latest remarks about Xi Jinping made on Truth Social. As a result of the Republican leader concluding that Xi is very difficult to ...
The DXY index, which tracks the performance of the US dollar has been failing to climb above the 100 range for two months. The greenback is failing to hold on to its resistance level and is slipping ...
It has been a rather convoluted year for the United States so far, with macroeconomic pressures and geopolitical tensions abounding. That may take another step forward as its global reserve asset is ...
De-dollarization is accelerating dramatically right now as Shanghai Cooperation Organization members are reducing their United States dollar dependency in international trade. SCO nations have also ...
Florida is now proposing new legislation that would eliminate capital gains taxes on Bitcoin, XRP, and also traditional stocks for state residents. The groundbreaking bill, which was introduced right ...
FIFA’s Avalanche partnership represents a groundbreaking collaboration as the world’s football governing body teams up with Avalanche blockchain to launch its own dedicated layer-1 blockchain. This ...
One of the largest investment banks in the world is set to make major headway in the cryptocurrency sector. Indeed, JPMorgan is set to allow clients to buy Bitcoin, according to CEO Jamie Dimon. The ...
The ongoing disagreement over BRICS de-dollarization has exposed some growing divisions within the Global South alliance, with Russia and China actively pushing for alternatives while India dollar ...
A class action lawsuit has recently been filed against Michael Saylor and his company Strategy regarding Bitcoin investments and related financial advice. At the time of writing, several investors ...
Saudi Arabia and China sign 57 deals worth over $3.73 Billion USD just recently, and the agreements mark a major advancement in local currency cooperation and also de-dollarization efforts between the ...
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