The BRICS alliance could announce another round of expansion in the upcoming 2024 summit. The 16th summit is scheduled to take place in October in the Kazan region of Russia. The new members UAE, ...
Amid the BRICS’ impending creation of its own stablecoin, the US is reportedly coming after the digital asset in an effort to save the dollar. Specifically, the Lummis-Gillibrand Payment Stablecoin ...
The cryptocurrency market experienced the Bitcoin halving event last week where the supply of BTC was cut in half. The development makes Bitcoin scarcely available in the market at a time when there’s ...
Amid the ongoing BRICS de-dollarization initiatives, JP Morgan has made a major prediction regarding the geopolitical impact on the United States. Specifically, the bank’s CEO, Jamie Dimon, spoke with ...
Gold prices dipped this week ahead of the FOMC meeting on Wednesday falling to the 2,317 level. The XAU/USD chart decreased by 17.50 points dipping 0.75% in the 24-hour day trade. The gold price run ...
BRICS is advancing to eliminate the US dollar in all of its global trade and transactions in 2024. The bloc aims to put local currencies ahead of the US dollar to strengthen their native economies and ...
BRICS member China is dumping billions worth of US treasuries as the Communist nation is looking to abandon the dollar. The US Treasury Department published the latest data that shows China offloading ...
The two largest banks in the US are declaring a loss of $4.5 billion in debts. JPMorgan Chase reported net charge-offs of $2 billion in Q1 2024, those debts being unrecoverable. Bank of America ...
Finance-related jobs in the U.S. remain in demand as leading global banks and financial institutions are on a hiring spree. The tech industry has seen large-scale layoffs since 2022 as giants cut ...
With the BRICS economic alliance set to implement a digital asset of its own, could Ripple (XRP) be set to benefit from its impending stablecoin launch? Russia’s Deputy Foreign Minister Sergei Ryabkov ...
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