China’s efforts toward BRICS de-dollarization have actually accelerated dramatically as Beijing rejected US demands to stop buying Russian oil. The BRICS currency strategy represents a direct challenge to dollar dominance…
In brief
A man has been indicted in an alleged cross-border fraud scheme.
Authorities traced and seized $7.1 million in crypto, with assets moving through U.S. banks, offshore accounts, and at least…
Ripple’s native token, XRP, surpassed that of leading oil giant Shell’s market cap on Monday. While Shell’s market cap is at $206.22 billion, XRP’s market cap is at $207.36 billion.…
Key takeaways:ETH is increasingly viewed as a reserve asset for the digital dollar economy, with over 54% of stablecoins issued on Ethereum.Fidelity sees Ethereum as a sovereign digital economy, with…
To bolster the de-dollarization agenda, India and Russia signed a pact to settle oil and gas payments in local currencies. The aim was to bypass the US dollar and the…
This narrow sea lane in the Gulf region is a route through which a fifth of the world's oil and liquefied natural gas (LNG) flows, feeding a large part of…
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The Donald Trump Administration-brokered ceasefire deal between Israel and Iran has pushed down oil and gold prices in early Asian trading hours. Gold fell to a near two-week low today…
Key points:Bitcoin joins US stocks in shrugging off Middle East tensions — something analysis says shows belief that the conflict will soon end.In a surprise turn, oil and gold face losses…
With US strikes hitting Tehran and threats swirling around the Strait of
Hormuz, investors are weighing geopolitics against portfolio stability and the potential for soaring oil prices.The US launched precision strikes…