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JPMorgan CEO Jamie Dimon Warns of ‘Treacherous’ Global Tensions — and It’s Getting Worse

JPMorgan CEO Jamie Dimon Warns of ‘Treacherous’ Global Tensions — and It’s Getting WorseJPMorgan Chase CEO Jamie Dimon sounded the alarm on mounting global instability, warning it could spark far-reaching economic disruptions. The executive stressed the toll of geopolitical tensions and the looming risks of fiscal deficits and remilitarization. With uncertainty escalating, Dimon urged vigilance, emphasizing that these crises could reshape both the economy and the course of […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse

Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to ,000 Amid Market CollapseRich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins. “Take bitcoin for example… it […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

BRICS Slashes US Dollar and Euro Transactions to Below 30%

BRICS Slashes US Dollar and Euro Transactions to Below 30%BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency on Western financial systems. The trend has accelerated due to sanctions […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Russian Finance Minister: Western Policies Hurt the US Dollar

Russian Finance Minister: Western Policies Hurt the US DollarRussian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will develop a solution using digital financial assets to replace it. Russian Finance Minister […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

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 […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

UBS Maintains Optimism in Markets Amid Middle East Uncertainty

UBS Maintains Optimism in Markets Amid Middle East UncertaintyGlobal investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession fears are easing. UBS advises investors to hold onto risk assets, citing […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Vitalik Buterin seen as dark horse for 2024 Nobel Prize in Economics

The co-founder of Ethereum is considered a “non-traditional” pick, but his contributions are undeniable.

Economists Tyler Cowen and Alex Tabarrok, creators of Marginal Revolution, recently made their picks for who might win the upcoming 2024 Nobel Prize for economics.

The discussion came during an Oct. 8 episode of the duo’s Marginal Revolution podcast. 

In what he referred to as an “unusual pick,” Cowen said, given the opportunity, he’d pick Ethereum co-founder and computer scientist Vitalik Buterin.

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India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade

India Denies Targeting US Dollar as Dedollarization Reshapes Global TradeIndia’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts in global trade and currency usage. Speaking in Washington, he emphasized that India’s trade adjustments are driven by practical concerns related to partners with dollar shortages, not a strategic effort to undermine the […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

BRICS Unified Currency Deemed Premature by Russian Official

BRICS Unified Currency Deemed Premature by Russian OfficialRussia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership