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A Blow to the Dollar: Russia Reaches Historic Milestone by Paying for Over Half of Its Imports in Rubles
21.4.2025
According to the Central Bank of Russia, 53.5% of all imports to the country were paid for with Russian rubles in February, marking a historic record. Currencies from unfriendly countries, including the U.S. dollar, accounted for only 17.2%, representing a success for a nation facing unilateral...
US Dollar Risks Breakdown if Fed Chair Is Fired, Warns French Official
21.4.2025
Ousting the Fed chair could shatter U.S. credibility and rattle global markets, the French finance minister warned, citing spiraling instability threatening dollar dominance and investor confidence. Global Markets at Risk as Trump Eyes Removal of Fed Chair Jerome Powell French Finance Minister Eric...
Bitcoin Leads XRP, ETH, and ADA Higher as Perceived Threat to Fed Independence Sends Dollar Crashing
21.4.2025
Perceived threat to Fed's independence saw traders sell dollar, pushing BTC and gold higher
Goldman Sachs Flags Major Dollar Slide as Tariffs Hit US Growth and Trust
21.4.2025
Goldman Sachs warns the dollar is set to tumble as aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance. Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out Growing concerns over U.S. trade strategy and...
Latam Insights: Argentina Controls Dollar Exchange Rate, Brazilian Ponzi Operator Gets 128-Year Sentence
20.4.2025
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the Argentine government manages to control the dollar’s exchange rate after lifting currency controls, the operator of a Brazilian...
Won vs. Dollar: Diverging Bitcoin Prices Hint at Market Inflection
20.4.2025
Since bitcoin briefly dipped below global averages in South Korea on April 9, the past ten days have seen the coin fetch a premium, touching 2.97% above international benchmarks. Seoul’s Bitcoin Premium Hits 3% With fewer high-return domestic investment avenues, South Koreans often gravitate toward...
Dollar Reined in After First Currency Control Free Week in Argentina
17.4.2025
The price of the U.S. dollar weakened during the first week after lifting the currency controls in Argentina, with the peso gaining ground and stabilizing at an exchange rate of 1,160 pesos per dollar. The rate, which is closer to the stronger side of the established fluctuation band, has spurred...
Gold Laughs off Tariffs and the Dollar, Reaches New All-Time High
17.4.2025
Gold has achieved a new high once again, with its futures contract prices surpassing $3,350 this Wednesday. The precious metal remains one of the best investments this year, as turmoil in international markets and tariffs have driven investors to seek refuge in hard assets. Gold Keeps Climbing...
Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman
17.4.2025
Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that...
Chinese Expert Links Trump’s Tariffs to Rapid De-dollarization and US Dollar Decline
17.4.2025
Trump’s sweeping tariffs ignite global fears of dollar decline as China and BRICS eye rapid de-dollarization shift. Trump’s Trade War Accelerates De-dollarization, Says Chinese Finance Expert Tariff policies introduced by U.S. President Donald Trump this month have drawn sharp criticism from...
Bitcoin tipped for 2023-style rebound as Goldman says dollar 'overvalued'
16.4.2025
Bitcoin (BTC) centered on $84,000 at the April 16 Wall Street open amid hopes that a weak US dollar would fuel a bull market comeback.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin analysis calls for 2023 rally repeatData from Cointelegraph Markets Pro and TradingView showed BTC/USD...
Why is the crypto market down today?
16.4.2025
The combined valuation of all cryptocurrencies has fallen by around 3.65%, or $97 billion, in the past 24 hours to reach $2.58 trillion on April 16. TOTAL crypto market cap four-hour performance chart. Source: TradingViewThe top catalysts that are driving the crypto market lower today include:An...
Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar
16.4.2025
European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy. The agency outlines three possible scenarios for the credit outlook: a “tariff-light” approach, a full-scale trade war,...
Dollar-Based Stablecoins Pose Greater Threat to Euro, Italian Economy Minister Says
16.4.2025
Italian Economy Minister Giancarlo Giorgetti warns that dollar-based stablecoins pose a greater threat to the euro’s standing than trade disputes. Bolstering the Euro’s Prominence The European Union (EU) must urgently address the growing appeal of dollar-based stablecoins among its citizens...
Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered
15.4.2025
The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said
Circle’s EURC Stablecoin Surges 43% to Record Supply as Dollar Troubles Fuel Demand
14.4.2025
The fastest growth was seen on the Ethereum, Solana and Base networks, data shows
JPMorgan Adds GBP Support to Its Blockchain Payments Service Kinexys
14.4.2025
JPMorgan's Kinexys now supports British pound accounts, adding to its already existing U.S. dollar and euro offerings
Visa Is Joining the Paxos, Robinhood Stablecoin Consortium: Sources
14.4.2025
Paxos’ Global Dollar Network (USDG) also includes Kraken, Galaxy Digital, Anchorage Digital, Bullish (the owner of CoinDesk) and Nuvei
Ray Dalio Sounds the Alarm on Global Systemic Risk, But Bitcoin Remains Resilient
14.4.2025
As Ray Dalio warns of a looming systemic crisis, markets reel from rising yields, tariff uncertainty, and a weakening dollar
Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets
14.4.2025
Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction, and transaction confidentiality as the main advantages of this system compared...