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Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off

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Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
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Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-OffJan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Market Volatility Surges Amid Global Uncertainty, Says QCP Capital

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Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
bitcoin.com
Market Volatility Surges Amid Global Uncertainty, Says QCP CapitalRecent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light of upcoming Federal Reserve actions. QCP Capital Cites Heightened Volatility Ahead of Key Federal Reserve Decisions QCP Capital reports that […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Russian Diplomat: El Salvador Proposes Settling Trade With Crypto

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Russian Diplomat: El Salvador Proposes Settling Trade With Crypto
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Russian Diplomat: El Salvador Proposes Settling Trade With CryptoEl Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly expressed interest in joining the BRICS bloc and may formally apply for membership within one or two years. Ukraine-Russia Conflict Echoes in Central America El Salvador has proposed settling trade with Russia using cryptocurrency, […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases, World Gold Council Reports

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Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases, World Gold Council Reports
bitcoin.com
Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases, World Gold Council ReportsThe World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising by 11%. Q2 2024 Sees Record Gold Demand The World […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely

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All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely
bitcoin.com
All Eyes on the Fed: Steady Rates Anticipated, September Reduction LikelyThe U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain the current rate this week, with a […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic Reality

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Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic Reality
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Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic RealityAlexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system, which routes payments alongside the current banking infrastructure. Babakov emphasized that this new system would help to reduce the dependence on Western institutions and simplify settlements outside the dollar-dominated system. BRICS SWIFT Equivalent […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director

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BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director
bitcoin.com
BRICS Poised to Dominate World Bank and IMF, Says Russian Executive DirectorThe World Bank Executive Director for Russia forecasts that BRICS nations will soon dominate the World Bank and the International Monetary Fund (IMF), attributing this shift to inevitable macroeconomic and demographic changes away from Western dominance. He emphasized the importance of working patiently toward this goal and resisting provocations from those upholding the old global […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official

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BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official
bitcoin.com
BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian OfficialThe BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant payment infrastructure. Discussions include integrating financial markets, payments in national currencies, and new mechanisms for mutual financial […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Salvadoran Basic Goods Basket Rose to Historic Highs in June

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Salvadoran Basic Goods Basket Rose to Historic Highs in June
Basic goods basket
Salvadoran Basic Goods Basket Rose to Historic Highs in JuneThe price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele recently expanded the action of the Farmers’ Markets and slashed import […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy

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Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy
artificial intelligence
Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and PhilanthropyA multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $45 million to thousands of Americans, also determined that the stipend increased the ability and willingness of recipients […]
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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

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