Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

February 21, 2025 Bitcoin.com

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Biden’s sanctions weakened the U.S. dollar, cost American companies $300 billion, and made Russia more self-reliant, a top Russian investment official said. Effects of Biden’s Economic Policies and Sanctions on Russia Kirill Dmitriev, chief executive of the Russian Direct Investment Fund (RDIF), criticized the economic policies of former U.S. President Joe Biden, asserting that they […]

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War on CBDCs: US Lawmakers Move to Kill Digital Dollar Before It Starts

February 9, 2025 Bitcoin.com

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A proposed bill aims to block a government-controlled digital currency, warning it could grant officials total financial surveillance, erase savings, and force spending—just like China’s digital yuan. No CBDC Act: The Bill That Could End Government-Controlled Digital Money U.S. Senator Mike Lee (R-UT) announced on Feb. 6 that he has reintroduced the No CBDC Act, […]

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JPMorgan Chase Says US Dollar Strength May Continue To Defy Gravity This Year – Here’s Why

January 11, 2025 The Daily Hodl

bank

JPMorgan Chase says the dollar’s strength may persist this year as the firm expects the US economy to outperform other developed markets. In a new report, JPMorgan says the US dollar has defied gravity in 2024 and could continue doing so amid increasing disparities in global growth. The bank’s analysts say a strong US economy […]

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Staggering $5,000,000,000 in Cash and Assets Waiting To Be Claimed by Residents in One US State: Report

December 13, 2024 The Daily Hodl

Assets

A staggering $5 billion in lost and forgotten cash and assets are waiting to be claimed in one US state, according to a new report. The Illinois Treasury Department says residents are sitting on a serious pile of unclaimed assets, reports the Chicago Sun-Times. The assets are typically located in neglected bank accounts and safe […]

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Russian Oil Chief Warns Gold Will Be US Dollar’s Biggest Rival

December 7, 2024 Bitcoin.com

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Gold is emerging as a rival to the U.S. dollar in global trade, with sanctions driving change, according to a top Russian energy executive. Gold vs Dollar: The Ancient Rival Poised to Rewrite Global Settlements Igor Sechin, CEO of Rosneft, Russia’s largest state-owned oil company, highlighted the growing potential of gold as a rival to […]

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$304,500 in Counterfeit Cash Seized at New York Airport, Triggering Secret Service Investigation

December 1, 2024 The Daily Hodl

Cash

The Secret Service has been called in to investigate the discovery and seizure of $304,500 in fake U.S. currency at JFK International Airport in New York. U.S. Customs and Border Protection says a man on a flight from Ecuador tried to bring the trove of fake cash into the country, reports NBC New York. The […]

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$33,000,000,000,000 ‘Wall of Debt’ Descending on Globe As Governments Face Financial Day of Reckoning: Report

November 10, 2024 The Daily Hodl

Daily Hodl

Governments around the world are facing a major day of reckoning on trillions of dollars of debt. A so-called “maturity wall” of debt that advanced economies must refinance will descend by 2026. And that great wall of debt is projected to accumulate to more than $33 trillion by the time it needs refinancing, reports the […]

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Putin Discusses US Dollar Dominance and BRICS Common Currency

November 9, 2024 Bitcoin.com

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Putin dismissed claims that Russia would abandon the U.S. dollar, downplayed BRICS currency ambitions, and emphasized the dollar’s global dominance. Putin’s Take on US Dollar: Why Russia Isn’t Turning Away Yet Russian President Vladimir Putin addressed speculation regarding Russia’s stance on the U.S. dollar during a speech at the Valdai Discussion Club in Sochi, clarifying […]

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Global Dollar Network Launches: Crypto Titans Aim to Redefine Payments

November 6, 2024 Bitcoin.com

bitcoin.com

A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders Launch Global Dollar Network for Payments Leaders in fintech and digital assets announced Monday the launch of the Global Dollar Network, which they described as “an open network designed to accelerate stablecoin usage […]

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US Dollar’s ‘Death Warrant’? BRICS Power Play Revealed by Russian Officials

November 5, 2024 Bitcoin.com

bitcoin.com

The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov Claims the End of an Era Has Begun Russian Foreign Minister Sergey Lavrov said Monday that the West has degraded […]

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