2 / 17 Relevant items tagged with #UsDollar
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Beyond the Dollar: Russia’s Path to Economic Independence Emerges
[Nov 7, 2024 4:30 AM] 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…
Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash
[Nov 5, 2024 10:19 PM] 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…
Dangerous Explosion Looms: Medvedev Warns of US Dollar’s Inevitable Collapse
[Nov 5, 2024 3:30 AM] 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…
Price analysis 11/4: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Nov 4, 2024 5:34 PM] 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?
Nigeria Unveils Amnesty Program to Recover Illegally Held Dollars Amid Forex Crisis
[Nov 3, 2024 7:30 AM] 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…
Nigeria’s Currency Plunges as Dollar Liquidity Dries Up: Will a Naira-for-Crude Oil Swap Revive It?
[Oct 31, 2024 9:04 AM] 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…
Does US Dollar Need to Collapse for Bitcoin to Hit $200K? Bitwise Says No
[Oct 31, 2024 2:30 AM] Bitwise’s chief investment officer predicts bitcoin could reach $200,000 without a U.S. dollar collapse, outlining a path for the cryptocurrency to surge toward unprecedented highs. Bitcoin’s Path to $200K: No Dollar Collapse Required The…
Unexpected Moment: Treasury Sign Falls as Yellen Confronts US Dollar Reserve Currency Concerns
[Oct 28, 2024 11:30 PM] The Treasury Department sign fell sharply as Treasury Secretary Janet Yellen faced a tough question about the U.S. dollar’s reserve currency status being at risk. Treasury Sign Drops — Yellen Steadies Herself and Defends US Dollar’s Reserve…
Price analysis 10/28: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Oct 28, 2024 5:25 PM] Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance
[Oct 24, 2024 2:30 AM] U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a…
Price analysis 10/22: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Oct 22, 2024 4:30 PM] Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge
Robert Kiyosaki Reveals His Secret to Surviving Inflation — Urges You to Do What He Did
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
[Oct 19, 2024 2:30 AM] A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s…
Stablecoins can benefit financial system, Fed governor says
[Oct 18, 2024 7:37 PM] The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
US lagging behind in global stablecoin adoption — Chainalysis
[Oct 17, 2024 7:00 AM] Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
[Oct 17, 2024 1:30 AM] Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum…
Metaplanet shares jump 16% after buying 107 Bitcoin
[Oct 15, 2024 6:06 AM] Metaplanet has doubled its Bitcoin holdings this month with purchases totaling more than 450 Bitcoin.
Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Oct 14, 2024 6:01 PM] Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
Russian Finance Minister: Western Policies Hurt the US Dollar
[Oct 11, 2024 9:30 PM] Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will…
India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
[Oct 8, 2024 1:30 AM] 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…
Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar
[Oct 7, 2024 10:30 PM] Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto…
Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Oct 7, 2024 6:36 PM] Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.
Zimbabwe Injects $50 Million to Bolster Devalued Currency
[Oct 5, 2024 10:30 PM] The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They…
Nigeria Introduces System to Boost Forex Market Transparency
[Oct 5, 2024 9:30 PM] The Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to improve transparency in the foreign exchange market. This comes as the Nigerian currency weakens. Authorized dealers must comply with existing regulations and…
Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
[Oct 4, 2024 9:30 AM] Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses…