‘Bombshell’ BRICS Payments Platform To Ditch US Dollar Gaining Support From Central Banks, Finance Ministries: Report

August 18, 2024 The Daily Hodl

brics

Central banks and finance ministries of all BRICS nations are discussing the launch of a new payments platform that would circumvent the US dollar, according to a new report. According to Russian government-backed media publication Tass, Russia’s Federation Council Speaker Valentina Matviyenko told a press conference that a standalone payment system dubbed the “BRICS Bridge” […]

The post ‘Bombshell’ BRICS Payments Platform To Ditch US Dollar Gaining Support From Central Banks, Finance Ministries: Report appeared first on The Daily Hodl.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

Bitcoin trading volume recorded post-halving ATH as crypto market bled

August 6, 2024 Coin Telegraph

Bitcoin Trader

Bitcoin trading volumes reached unprecedented levels amid the market turmoil, while crypto hackers capitalized on discounted Ether.

Bitcoin transactions on crypto exchanges skyrocketed amid turbulent market conditions, marking a new all-time high in trading volume in the fourth cycle of Bitcoin halving.

On Aug. 5, numerous crypto traders suffered huge losses after having their positions liquidated due to falling prices of prominent cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and Solana (SOL). As a result of the commotion, some crypto investors sold their Bitcoin holdings to minimize losses, while others chose to purchase the heavily discounted BTC at the $50,000 range.

According to Blockchain.com data, the total United States dollar value of trading volume on major Bitcoin exchanges exceeded $1.14 billion on Aug. 6, as shown below.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency

August 3, 2024 The Daily Hodl

Currency

Japan is offloading billions of dollars in US Treasuries as it fights to prop up its currency. New numbers from the US Treasury Department show Japan sold $22 billion in Treasury securities in May, reducing its holdings to $1.1283 trillion. The move marks the second month in a row that Japan has reduced its massive […]

The post Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency appeared first on The Daily Hodl.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

RFK Jr: Only Bitcoin can guarantee US dollar’s reserve currency status

July 29, 2024 Coin Telegraph

BTC Markets

Presidential candidate Robert F. Kennedy Jr. heard about Bitcoin from his kids. Now, he believes it should be part of the bedrock of America’s monetary system.

Presidential candidate Robert F. Kennedy Jr., also known as RFK, believes policymakers in the United States are quickly realizing that Bitcoin is “inevitable” and are scrambling to develop a coherent digital asset strategy that will preserve America’s fiscal dominance.

In an exclusive interview with Cointelegraph at the 2024 Bitcoin Conference in Nashville, Tennessee, RFK Jr. described his Bitcoin journey in greater detail before discussing the role BTC should play in the country’s monetary system.

The presidential candidate, who dropped his Democratic affiliation last October to run as an independent, said he realized the importance of Bitcoin’s “transactional freedom” during the trucker strike in Canada.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

US Treasury Secretary Issues $34,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’

July 21, 2024 The Daily Hodl

US Treasury Secretary Issues ,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’

Daily Hodl

US Treasury Secretary Janet Yellen says America’s foreign policy is pushing countries to find alternatives to the US dollar. In new testimony before the House Financial Services Committee, Yellen says America’s increasing use of sanctions to freeze assets of sovereign nations drives countries away from the world’s reserve currency. “In the realm of sanctions, we […]

The post US Treasury Secretary Issues $34,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’ appeared first on The Daily Hodl.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

Russia, China Developing ‘Independent Payments System’ To Ditch US Dollar, Avoid ‘External Interference’: Vladimir Putin

June 8, 2024 The Daily Hodl

brics

A group of economically-aligned nations say they’re building an “independent payments system” in a move away from the US dollar. At the SPIEF 2024 Conference in Saint Petersburg, Russian President Vladimir Putin said work is underway on a system designed to safeguard the sovereignty of national currencies. “Within BRICS, we’re working on shaping an independent payment […]

The post Russia, China Developing ‘Independent Payments System’ To Ditch US Dollar, Avoid ‘External Interference’: Vladimir Putin appeared first on The Daily Hodl.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

Belarusian President Claims Decline in US Dollar and Euro Use Globally

May 13, 2024 Bitcoin.com

Belarus

Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that this shift is not limited to Belarus and Russia, but is observed worldwide. He attributed the declining relevance of these currencies to the controversy surrounding […]

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

Use of Fake Money Reported Across US After Secret Service Seizes $21,800,000 of Counterfeit Cash in One Year

May 12, 2024 The Daily Hodl

Use of Fake Money Reported Across US After Secret Service Seizes ,800,000 of Counterfeit Cash in One Year

Reports of people trying to use counterfeit cash are spreading across the US. Headlines on various attempts to pay with fake money are popping up around the country, with ABC News declaring counterfeiting is “making a comeback.” Police in Hilo, Hawaii say someone has been bleaching the ink off of $1 bills and printing $100 […]

The post Use of Fake Money Reported Across US After Secret Service Seizes $21,800,000 of Counterfeit Cash in One Year appeared first on The Daily Hodl.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

New Global Currency Designed To Ditch US Dollar, Avert Sanctions Emerging As BRICS Leaders Prepare To Meet: Report

May 5, 2024 The Daily Hodl

Brazil

A group of economically-aligned nations known as BRICS is reportedly hammering out the details on a new currency designed to drop dependence on the US dollar. South African Ambassador to China Siyabonga Cyprian Cwele says BRICS members will meet this month to discuss the specifics, reports the Chinese state-backed Global Times. On the agenda is […]

The post New Global Currency Designed To Ditch US Dollar, Avert Sanctions Emerging As BRICS Leaders Prepare To Meet: Report appeared first on The Daily Hodl.

Cardano Primed To Continue Surging As Whales and Institutions Accumulate ADA, Says Crypto Analyst

Japan’s Yen Flash Crashes To 160 Per Dollar As Global Currency Exhibits Extreme Volatility

April 29, 2024 The Daily Hodl

Currency

The Japanese yen just tapped its worst level against the US dollar in more than three decades, reportedly triggering emergency intervention from the country’s financial authorities. After touching 160.17 per USD, Japan moved to stop the slide and prop up the world’s third most-traded currency, reports the Wall Street Journal. “The U.S. dollar weakens 1% […]

The post Japan’s Yen Flash Crashes To 160 Per Dollar As Global Currency Exhibits Extreme Volatility appeared first on The Daily Hodl.

Dollar

Share this video