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Max Keiser: BRICS Will Leverage Gold Stablecoin to Counter Dollar Hegemony

Max Keiser: BRICS Will Leverage Gold Stablecoin to Counter Dollar HegemonyMax Keiser stated that BRICS, driven by China, Russia, and India, will push the adoption of a gold-backed stablecoin to fight a hegemonic U.S. dollar stablecoin. The former will have the advantage of being inflation-resistant, he assessed. Max Keiser Declares BRICS Will Leverage to Fight the U.S. Dollar International markets are on the verge of […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

Peter Schiff Warns of ‘Parasitic Relationship’ Threatening Dollar Value and Painful Economic Transition

Peter Schiff Warns of ‘Parasitic Relationship’ Threatening Dollar Value and Painful Economic TransitionIn a recent social media post, economist Peter Schiff critiques the Trump administration’s characterization of the U.S. as the “world’s best customer,” arguing that this perspective misrepresents the global economic relationship. Schiff asserts that while demand is unlimited, the resources to satisfy that demand are scarce, emphasizing that supply, not demand, is the limiting factor […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

Trump’s Policies Threaten US Dollar Dominance, Warns Economics Professor

Trump’s Policies Threaten US Dollar Dominance, Warns Economics ProfessorIn a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations of U.S. dollar dominance and international economic relationships. Eichengreen highlights concerns over […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns

Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist WarnsA Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

Digital Dollar Project Remarks Modernization Is Necessary to Preserve Dollar’s Status

Digital Dollar Project Remarks Modernization Is Necessary to Preserve Dollar’s StatusThe Digital Dollar Project, which focuses on investigation leading to the future-proofing of the dollar, states that while the U.S. currency is still peerless, it is moving on the wheels of technology quickly approaching obsolescence. Digital Dollar Project States U.S. Currency Must Modernize to Preserve Its Status The Digital Dollar Project, a non-neutral, non-profit forum […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

Tanzanian Shilling’s 8.9% YTD Drop Earns It World’s Worst-Performing Currency Status

Tanzanian Shilling’s 8.9% YTD Drop Earns It World’s Worst-Performing Currency StatusThe Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar stood at 2,645 per dollar, a level last seen in late November 2024. This decline is attributed to rising imports and increased public debt, largely […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

Dune Study Shows Stablecoin Supply Grew 63% in 2024, Reaching $225 Billion

Dune Study Shows Stablecoin Supply Grew 63% in 2024, Reaching 5 BillionThe stablecoin market has seen explosive growth in 2024, with total supply reaching $214 billion and transfer volume hitting $35 trillion, according to a new report by Dune Analytics and Artemis Terminal. Stablecoins in DeFi: $35 Trillion in Transfers Driven by Decentralized Finance The stablecoin market has experienced significant growth in 2024, with total supply […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

To Sell or Not to Sell: Redditors Debate Bitcoin’s Million-Dollar Moment

To Sell or Not to Sell: Redditors Debate Bitcoin’s Million-Dollar MomentA Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading cryptocurrency. Bitcoin Holders Split on $1M Exit Strategy A recent Reddit discussion in r/bitcoin delved into the hypothetical scenario of bitcoin (BTC) reaching $1 million, sparking […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

De-Dollarization Push: African Payment Provider Tests Platform to Facilitate Local Currency Trade

De-Dollarization Push: African Payment Provider Tests Platform to Facilitate Local Currency TradeAn African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to Be Market-Driven The Pan-African Payment and Settlement System (PAPSS), a payment infrastructure provider backed by 15 central banks, is reportedly piloting a currency platform to enable countries to settle trades […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’

‘Dollar Smile’ Theory Suggests Weaker Dollar Ahead, According to Stephen Jen

‘Dollar Smile’ Theory Suggests Weaker Dollar Ahead, According to Stephen JenStephen Jen, CEO of Eurizon SLJ Capital, believes the U.S. dollar’s decline is just beginning. Concerns about the US economy and optimism about growth abroad have pushed the dollar to a three-month low, aligning with Jen’s long-held prediction of a weaker dollar. Jen’s “dollar smile” theory suggests the dollar gains during deep slumps or strong […]

Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’