Bitcoin reaches an all-time high of $95,023, strengthening its market cap to $1.87 trillion and ranking as the seventh global asset.
Pepe Unchained raises nearly $12 million in its first week of presale, driven by FOMO over top exchange listings. The project aims for a total of $80 million.
Kraken-backed Dutch firm has launched MiCA-compliant Euro and U.S. Dollar stablecoins, marking a major move in the European stablecoin market as regulations are set to intensify by year-end.
Bitcoin's price approached $90,000 on Bitstamp, marking a substantial rally and renewed global interest. BTC surged over 12% against the U.S. dollar within 24 hours, reaching $88,688.
The Kremlin warns about rising global concerns over the political use of the U.S. dollar, highlighting potential future barriers for its usage. This highlights nations' unease regarding the dollar's weaponization.
Vladimir Putin detailed Russia's stance within BRICS regarding the U.S. dollar, clarifying that while Russia will limit its use as a settlement currency, it won't completely abandon the dollar. His statement comes amidst broader BRICS de-dollarization efforts and in response to shifts in U.S. policy under Donald Trump.
JPMorgan's Kinexys blockchain platform now offers instant Dollar-Euro FX settlement, enhancing digital cross-border payments. The platform plans to expand to other currencies, increasing settlement speed and reducing risks. Continued growth is expected with additional foreign exchange capabilities and partnerships, reinforcing blockchain's role in financial systems.
BRICS extends partner status to 13 nations, aiming to expand its global influence and mitigate reliance on the U.S. dollar.
Nigeria's naira has plummeted against the U.S. dollar due to a liquidity crisis. A naira-for-crude oil swap could be a potential solution to stabilize the currency.
Bitcoin experiences significant growth, nearing its all-time high, whereas Ethereum lags behind, showing minimal movement despite its stature as the second-largest cryptocurrency.
Janet Yellen confronted concerns about the US dollar’s reserve currency status, as a Treasury Department sign fell during her discussion of economic strategy.
Russia warns that using frozen Russian assets could cause global market disruptions and urges developing nations to bypass the U.S. dollar.
AI-designed meme coin GOAT has seen massive growth, rising 132% in 24 hours and 546% in a week. Created by an AI bot, it's gaining traction on major exchanges.
Bitcoin's popularity offers new opportunities and challenges in forex trading, with its decentralized nature providing an alternative to traditional currencies. As a volatile asset class, it presents both benefits and risks to traders seeking to leverage its potential in the financial markets.
India’s External Affairs Minister S. Jaishankar emphasizes that India is not targeting the U.S. dollar amid global dedollarization. India's trade policy aims to address practical concerns of trading partners facing dollar shortages, not to undermine the U.S. dollar.
Ghana’s central bank launched a gold coin to boost domestic savings and manage liquidity. The coins, priced based on the London Bullion Market Association auction price, are set to be available in October. This move aims to strengthen the cedi amidst its depreciation against the U.S. dollar.
Ripple's launch of Ripple USD (RLUSD) has sparked controversy due to changes in its deployment strategy, focusing on Ethereum over the XRP Ledger (XRPL).
TON-Based Hamster Kombat Token plummeted 42% in just 3 days of trading, revealing a significant market downturn.
Stablecoins, despite being pegged to fiat currencies to maintain value, can and do fail, as evidenced by historical de-pegging incidents.
Meme coins see significant gains: SHIB up 35%, MOODENG reaches $305M market cap.
The Nigerian Naira plunged to NGN1,658 per dollar after the Central Bank of Nigeria hiked interest rates for the fifth time this year.
Ether leads a post-Fed crypto market rally as the Yen's weakness sparks a risk-on frenzy across global assets, including the U.S. Dollar and cat-themed cryptos.
Russian Foreign Minister Sergey Lavrov supports former U.S. President Trump’s comments on how U.S. sanctions harm the dollar and American economy.
Lynette Zang, CEO of Zang Enterprises, predicts hyperinflation and a significant decline in the U.S. dollar's purchasing power, foreseeing an economic crisis by 2025.
Bitcoin is benefiting from Fed policy changes, a weakening yen, and a strengthening U.S. dollar, according to derivatives trader Gordon Grant.
BRICS' payment platforms are gaining traction as alternatives to the U.S. dollar and euro, says Russian Foreign Minister Sergey Lavrov. These systems allow countries to bypass Western political influence in economic activities.
Bitcoin (BTC) is holding above $58,000 support amid a weakening U.S. dollar and an anticipated Fed rate cut. Analysts question if BTC will follow gold's trend upward.
China's digital yuan surpasses $1 trillion in transactions in 2024, showcasing its growing adoption and potential impact on international trade.
Saudi Arabia is considering adopting the petroyuan to strengthen financial ties with China, seeking alternatives to the U.S. dollar.
A report shows that stablecoins are driving net flows into dollar instruments where U.S. dollar banking isn't available.
The Central Bank of Nigeria resumes U.S. dollar sales to Bureau de Change operators to counteract the naira's decline amidst increasing retail demand.
Bitcoin ($BTC) dominance is being rejected from the 57.5% level, with the last five weekly candles staying below. With Bitcoin potentially bottoming against the U.S. dollar, it might be time for altcoins to rise.
