Jeremy Allaire, CEO of Circle, the company in charge of issuing the USDC predicts increased demand for various digital assets. These include Dogecoin, Bitcoin, Ethereum and Cardano. He points out that demand will mainly come from emerging markets, of which Hong Kong and China are central. It's worth remembering that despite some occasional rises, the cryptocurrency market in general is in decline.
US Treasury Secretary Janet Yellen warned Congress on Monday to expect a gradual decrease in the share of the dollar in global reserves. US debt.
Nine countries led by Iran launch an alternative to the SWIFT network. Simultaneously, BRICS discusses the end of the dollar in Cape Town.
According to Brian Armstrong, CEO of Coinbase, China could benefit from the restrictive laws imposed by the United States on the cryptocurrency industry. “The United States and other democratic nations are facing digital systems promoted by an ambitious adversary, China,” he said.
Will the United States default on its debt? Sooner than we think. But to whom? China, Russia…
In 2017, an offshore exchange burst onto the crypto scene. Quickly rising to become a major player within the crypto industry, Binance is now showing signs of weaknesses though. Some dubious elements related to the centralization of BNB and the recent legal actions brought by the CFTC could well lead to the collapse of the colossus with feet of clay. So should we take the plunge to avoid a FTX-like scenario?
Argentina will start paying for its Chinese imports in yuan instead of dollars. This decision aims to relieve the country's dwindling dollar reserves.
Is Mexico about to follow in El Salvador's footsteps by embracing Bitcoin? That's what Samson Mow proposed to the Mexican parliament.
The Russian mining industry is experiencing strong growth, with BitRiver leading the way, propelling Russia into the top 3 globally.
Just one year after its debut, Intel is ending its production of ASICs dedicated to bitcoin mining.
The global slingshot against the dollar is raising the specter of a world war. To avoid it, Bitcoin has to become the next international reserve currency.
For some time, the BRICS countries, including Russia and China, have been working to move away from the US dollar. Recently, China formalized an agreement with Brazil to trade state to state, without using the dollar. This desire for financial independence could be realized through the adoption of a digital currency.
The United States is starting to panic that the rest of the world is moving away from the dollar. The proxy war in Ukraine and tensions with China are turning into a global slingshot against the greenback. Petroyuan The first major warning shot came from Riyadh late last year. The…