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Alexander Babakov

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based SanctionsAnalysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, the so-called weaponization of its ubiquitous use has made some countries consider other options for […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

China Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National Reserve

China Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National ReserveThe People’s Bank of China (PBOC) reported an increase in the country’s gold reserves of 18 tons in March, continuing its buying spree. China has consistently added to its gold reserves since November, purchasing more than 100 tons in the last five months. The Asian state now has 2,068 tons in its coffers. China Purchased […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’