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Gold, Yuan, Euro Rise as De-Dollarization Redraws the Map
The de-dollarization wave is now gaining rapid momentum, with central banks exploring ways to diversify their holdings beyond…
Russia Signs $13.1 Billion Deals in Local Currencies
Russia has signed trade deals worth 1 trillion rubles (equivalent to $13.1 billion) in local currencies. This is…
Fed Chair Powell: Banks are Free to Engage in Crypto Activities
Fed Chair Jerome Powell says that US banks are free to engage in crypto activities, giving them the…
Mastercard partners with Chainlink to Enable Cardholders to Purchase Crypto Directly Onchain
Mastercard and Chainlink (LINK) are partnering to enable Mastercard cardholders to purchase cryptocurrency directly on-chain. The two companies…
India Reveals New Details About BRICS Currency
BRICS member India spoke about the BRICS currency formation that could make its way into the global markets.…
China Wants More Nations To Ditch The US Dollar: Here’s Why
The US dollar is growing weaker by the day, and there’s no denying the fact that this sentiment…
Is the US Economy in Recession? War or Not, Stats Say Yes
A recession is generally categorized as a period of economic decay and decline. This phase is marked statistically…
CIS Settles 99% of Payments in Local Currencies, Ignore USD
Two countries in the Commonwealth of Independent States (CIS) alliance have officially settled 98.9% of all trade payments…
Fidelity Buys $105 Million Worth of Bitcoin, Price Surges 3.7%
Fidelity Investments has added 1005 Bitcoin (BTC) worth $105.7 million to its treasury. The firm also purchased 27,175…
HSBC Sees Euro at 1.20 as De-Dollarization Accelerates
In a massive new shift, HSBC bank has now predicted a new price value for the euro, expecting…