U.S. dollar

Reserves Threatened: China Urged to Dedollarize Its $3.3 Trillion Forex Stash

November 5, 2024 Bitcoin.com

bitcoin.com

Economists are calling on China to curb the risks associated with holding over $3.3 trillion in its forex reserves. The concerns are directed at the possible measures the upcoming U.S. president might take against the country, including tariffs and unilateral sanctions. China Must Dedollarize Forex Reserves to Reduce Risks Economists have assessed China’s standing in […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance

October 24, 2024 Bitcoin.com

Bill Hagerty

U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries and stablecoins, while his stablecoin legislation aims […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge

October 20, 2024 Bitcoin.com

bitcoin.com

Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Robert Kiyosaki Reveals His Secret to Surviving Inflation — Urges You to Do What He Did

October 20, 2024 Bitcoin.com

baby boomers

Rich Dad Poor Dad author Robert Kiyosaki has shared his secret to surviving inflation, advising: “If you are wondering how you will survive and thrive in today’s high inflation environment … you may want to do what I did.” He warned of the dangers of relying on U.S. dollars and urged people to seek new […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control

October 19, 2024 Bitcoin.com

Alexandra Prokopenko

A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital currency could offer new avenues for trade and reduce reliance on […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

October 17, 2024 Bitcoin.com

bitcoin.com

Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims to advance this initiative during its 2025 chairmanship, […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

$0.10 Coin Hits $295,000 at Auction – Why Investors Are Battling To Buy a Single US Dime

October 8, 2024 The Daily Hodl

Cash

Bidders have pushed the price for a rare US dime to a staggering $250,000 – and they’re likely just getting started. If past is prologue, the online auction for this 1975 dime will close at more than half a million dollars when it ends on October 27th. The rare dime is missing the letter “S”, […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens

October 8, 2024 Bitcoin.com

bitcoin.com

Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy on national debt. Schiff warned of potential […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum

October 4, 2024 Bitcoin.com

Bitcoin

Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Goldman Sachs Forecasts Weaker Dollar As Fed Begins Interest Rate Reversal: Report

September 29, 2024 The Daily Hodl

Daily Hodl

Banking giant Goldman Sachs is forecasting a weaker US dollar following the interest rate reversal from the Federal Reserve. In a new note to investors covered by Bloomberg, Goldman strategists say a gradual weakening of the greenback is expected now that lower rates have lessened the dollar’s appeal. The bank said the Fed’s recent cut […]

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements