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Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control

Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western ControlA 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 financial landscape amid sanctions. While the digital currency could offer new avenues for trade and reduce reliance on […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global TradeBrazil 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 ahead of the BRICS summit in Kazan. Brazil aims to advance this initiative during its 2025 chairmanship, […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?

US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets

China’s Trade With BRICS Surges: A 3 Billion Boost in Emerging MarketsChina’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel and textiles, further enhancing their global influence after expanding its membership earlier […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains

Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto GainsChina’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?

Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?Chinese investors have been left wanting more from the latest stimulus measures announced by authorities. Analysts are attempting to explain the reasons behind China’s lack of deeper action to stimulate its economy and how this might affect the Asian giant’s commercial partners. China’s Weak Stimulus Measures Stifle Markets, Analysts Try to Explain the Reasons Behind […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review

Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in ReviewIn September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in crypto fraud after setting up a fake crypto operation. Economist Peter Schiff warned of impending financial ruin unless the U.S. allows its “phony economy” to […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

The Global Liquidity Cycle and Its Implications for Crypto

The Global Liquidity Cycle and Its Implications for CryptoThis editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished, The newsletter also includes the biggest stories of the week with a comment on each story. Liquidity Rising The global liquidity cycle has come to prominence in the past three or four […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January

USDT Faces Downward Pressure as Investors Pivot to Stocks in China

USDT Faces Downward Pressure as Investors Pivot to Stocks in ChinaUSDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the announcement of […]

Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January