BRICS to Discuss Alternative Payment Platforms at Upcoming Summit

September 24, 2024 Bitcoin.com

bitcoin.com

Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized the increasing use of national currencies in BRICS trade, particularly with […]

XRP Market Analysis: XRP Struggles Near as Bears Dominate — Is a Reversal in Sight?

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Bitcoin’s new price targets of over $80K may not actually be the ‘all-time high’

September 23, 2024 Coin Telegraph

Bitcoin

Bitcoin reached a new all-time high of $73,880 earlier in 2024, but toppling it by 2025 does not take it above 2021’s inflation-adjusted value.

Bitcoin’s (BTC) price is only 14% below its all-time high at the moment, and favorable conditions have produced targets of over $80,000 in the coming weeks.

Yet, a new all-time high (ATH) of around $100,000 might not be as impressive a feat as imagined when adjusting for inflation.

Luke Broyles, a Bitcoin analyst, argues that BTC crossing the elusive $100,000 mark will “barely” match BTC’s buying value in 2021. In an X post, Broyles highlights that, if adjusted for inflation, the ATH price from 2021 will be $83,000 at the moment.

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles

September 22, 2024 Bitcoin.com

bitcoin.com

Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already underway, predicting a further decline in the U.S. dollar’s value. According to Zang’s recent interview with Kitco, the current financial trends indicate that the dollar’s purchasing power will reach zero, leading to a significant economic crisis by 2025. Zang Warns of Hyperinflation as U.S. […]

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’

September 19, 2024 Bitcoin.com

bitcoin.com

Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed. […]

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022

September 17, 2024 Bitcoin.com

bitcoin.com

Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and sanction-proof traits. According to his figures, 160 tonnes have been acquired without disclosure, likely to avoid upsetting the U.S. government for these actions. Analyst Alleges […]

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Trump family’s DeFi project wants to ‘ensure US dollar dominance’

September 5, 2024 Coin Telegraph

Coin Telegraph

The project has teased a partnership and collaboration with DeFi protocol Aave, possibly indicating World Liberty Financial will be built on the Ethereum blockchain.

While not much is known about the Trump family’s crypto project, the latest statement from World Liberty Financial suggests it wants to spread the use of United States dollar-pegged stablecoins in decentralized finance.

In a Sept. 4 X statement, the yet-to-be-launched decentralized finance (DeFi) platform claimed one of its key goals was to drive the “mass adoption of stablecoins and decentralized finance.”

Source: World Liberty Financial

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Spreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans

September 4, 2024 Bitcoin.com

bitcoin.com

Over the past few weeks, there’s been a buzz of intrigue and speculation around World Liberty Financial, a decentralized finance (defi) project led by Eric Trump and Donald Trump Jr. After facing some rumors and critiques, the project’s X account finally released fresh details about its mission, aiming to clear the air. World Liberty Financial […]

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Payments in National Currencies Surge to 92% Among SCO Members

September 1, 2024 Bitcoin.com

bitcoin.com

Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran, is encouraging the use of local currencies to strengthen […]

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Peter Schiff Warns of Looming US Dollar Crisis and Economic Collapse

August 25, 2024 Bitcoin.com

bitcoin.com

Economist and gold advocate Peter Schiff has cautioned about the U.S. dollar index falling substantially, “triggering a U.S. dollar crisis, crashing the economy, and sending consumer prices and long-term interest rates soaring.” Schiff further warned of higher inflation and stagflation, impacting consumer prices and interest rates. He criticized the Federal Reserve’s current strategies, cautioning against […]

XRP Market Analysis: XRP Struggles Near $2 as Bears Dominate — Is a Reversal in Sight?

Devere CEO Advises Shifting Away From US Assets as Dollar Weakens

August 22, 2024 Bitcoin.com

bitcoin.com

Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s decline could present both challenges and opportunities, he said, advising investors to strategically diversify away from dollar-heavy assets to capitalize […]

U.S. dollar

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