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Beyond the Dollar: Russia’s Path to Economic Independence Emerges
7.11.2024
Russia is reshaping global finance, pivoting from the dollar to local currencies as more nations rally for alternatives to U.S. dominance in global transactions. A New Currency Frontier? Russia’s Strategy Signals Global Shift Kremlin spokesman Dmitry Peskov emphasized on Wednesday that Russia...
Crypto-Related Stocks, Dollar Deliver Stellar Performance Post US Elections
7.11.2024
US Elections 2024, was infused with abrupt dynamics- be it political, economic, financial or social-and amidst the typical…
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Tether swaps more than 2 billion USDT to the Ethereum network
6.11.2024
The vast majority of Tether's USDt volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Why is the crypto market up today?
6.11.2024
The crypto market is up today, as former US President Donald Trump leads in the presidential elections amid massive liquidations
Bitcoin Rises Nearly 10% Against Mexican Peso as 'Trump Trade' Soars; Gold Stays Flat
6.11.2024
Trump has vowed to impose sweeping tariffs on Mexico and other trading partners
Global Dollar Network Launches: Crypto Titans Aim to Redefine Payments
6.11.2024
A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders Launch Global Dollar Network for Payments Leaders in fintech and digital assets announced Monday the launch of the Global Dollar Network, which they...
Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
5.11.2024
Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex...
US Dollar’s ‘Death Warrant’? BRICS Power Play Revealed by Russian Officials
5.11.2024
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov Claims the End of an Era Has Begun Russian...
Paxos & Other Crypto Giants Launch Global Dollar(USDG) to Boost Stablecoin Use
5.11.2024
Today, a group of crypto leaders unveiled the Global Dollar Network, an open network designed to boost global…
Dangerous Explosion Looms: Medvedev Warns of US Dollar’s Inevitable Collapse
5.11.2024
A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world economy. Medvedev Warns of Grave Global Havoc if US Dollar Bubble Bursts Dmitry Medvedev, Deputy Chairman of the Russian Security...
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
5.11.2024
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
4.11.2024
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei
Price analysis 11/4: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
4.11.2024
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
Singapore advances asset tokenization with new MAS frameworks
4.11.2024
The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.
Nigeria Unveils Amnesty Program to Recover Illegally Held Dollars Amid Forex Crisis
3.11.2024
The Nigerian government has announced a nine-month program allowing individuals to deposit U.S. dollars held outside the formal banking system without facing penalties or scrutiny. Finance Minister Wale Edun said his ministry will first issue guidelines for the program, followed promptly...
Paxos launches USD-backed USDG stablecoin with DBS Bank
1.11.2024
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework
Google Fuels Nigeria’s AI Ambitions With Million Dollar Grant
1.11.2024
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s...
Bitcoin at 16: From experiment to trillion-dollar asset
31.10.2024
In just 16 years, Bitcoin has grown to become the world’s 10th largest asset and the best currency for “financial freedom,” according to Tether CEO, Paolo Ardoino
Nigeria’s Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?
31.10.2024
The Nigerian naira recently hit a new low against the U.S. dollar, ranking among the three worst-performing currencies globally. Dollar Liquidity Dries up The Nigerian naira, which has already lost over 70% of its value in 2024, recently dropped to a record low of NGN1,670.65 per U.S. dollar on...