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India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade


India’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts in global trade and currency usage. Speaking in Washington, he emphasized that India’s trade adjustments are driven by practical concerns...

Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens


Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign...

Swift to Pilot Digital Asset and Currency Transactions in 2025


Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges...

4 Arrests, Sanctions Follow Global Operation Against Lockbit Group


Europol and multiple countries have taken a significant step against the notorious Lockbit ransomware group with four key arrests and international sanctions. A collaborative effort between France, the UK, and Spain led to the detainment of critical individuals, including a developer and a hosting...

Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn


Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders...

Binance Secures 20th Global Milestone With Argentina Crypto Registration


Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in...

Russia-China Trade Grows Despite Global Challenges, Putin Highlights


Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted...

Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246


On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran...

Bitcoin Price in South Korea Sees Largest Discount Since October 2023


According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays...

The Global Rate Cut Cycle Will Power Risk Assets Even Higher


Investors tend to focus on monetary policy from the major central banks and Canada, Sweden, and Switzerland have each cut rates three times this year. Lower borrowing costs going forward should boost the price outlook for crypto, says Scott Garliss

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