trade

Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves

April 29, 2023 Bitcoin.com

Alberto Fernandez

The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April. Argentina to Settle Bilateral Transactions With China […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says

April 20, 2023 Bitcoin.com

billionaire

Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that Western sanctions on Russia have highlighted new risks of keeping dollar assets. ‘Dollar Is Debt,’ […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

April 13, 2023 Bitcoin.com

bitcoin.com

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries have to base their trade on the dollar?” Brazil’s President Wants to Reduce the […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia

April 12, 2023 Bitcoin.com

bitcoin.com

Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide Russia, threatening to cut trade if they don’t comply. […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

April 5, 2023 Bitcoin.com

Anwar Ibrahim

An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia Prepares to Trade With China in […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

April 2, 2023 Bitcoin.com

algeria

On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

March 27, 2023 Bitcoin.com

abetting

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

March 26, 2023 Bitcoin.com

Altcoins

According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High 

February 1, 2023 Bitcoin.com

$20 Ceiling

On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s exchange […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap

Stablecoin Economy Sheds Another $3 Billion in 44 Days

January 28, 2023 Bitcoin.com

$3 Billion

The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]

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Roam Surpasses One Million WiFi Nodes and Unveils 2025 Roadmap