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9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
05/25/2023

9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran

Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where...

Chinese President Xi Jinping Says China Ready to Strengthen Cooperation With Russia
05/25/2023

Chinese President Xi Jinping Says China Ready to Strengthen Cooperation With Russia

Chinese President Xi Jinping has stated that China is ready to strengthen cooperation with Russia. The two nations reportedly want to “deve...

Elon Musk Discusses Creating AI Giant to Challenge Google, Microsoft — Suggests Twitter and Tesla Could Play a Role ...
05/25/2023

Elon Musk Discusses Creating AI Giant to Challenge Google, Microsoft — Suggests Twitter and Tesla Could Play a Role

Tesla CEO Elon Musk says “there should be a significant third horse” in the artificial intelligence (AI) race besides Microsoft and Google....

Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead ...
05/24/2023

Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead

Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, accord...

China, Russia Urged to Speed Up Creation of ‘Cutting Edge’ Payment Infrastructure for BRICS and SCO Currencies ...
05/24/2023

China, Russia Urged to Speed Up Creation of ‘Cutting Edge’ Payment Infrastructure for BRICS and SCO Currencies

The chairman of Russia’s national economic development institution VEB.RF has urged China and Russia to speed up the establishment of a new...

UN Secretary-General Says Global Financial System ‘Outdated, Dysfunctional, Unfair’ — Calls for Reform ...
05/24/2023

UN Secretary-General Says Global Financial System ‘Outdated, Dysfunctional, Unfair’ — Calls for Reform

United Nations Secretary-General António Guterres says the current international financial system is “outdated, dysfunctional and unfair.”...

Nobel Prize Laureate Paul Krugman Warns of Disruption in Financial Markets Without US Dollar ...
05/23/2023

Nobel Prize Laureate Paul Krugman Warns of Disruption in Financial Markets Without US Dollar

Nobel Prize-winning economist Paul Krugman says that no currency can play the role of the U.S. dollar. Commenting on the de-dollarization t...

Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates ‘Real Deadline’ Is a Week Later ...
05/23/2023

Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates ‘Real Deadline’ Is a Week Later

U.S. Treasury Secretary Janet Yellen has insisted that the U.S. could default on its debt obligations on June 1. “I think that’s a hard dea...

Dash Blockchain Halts After Upgrade Attempt, Possible Fork Detected
05/23/2023

Dash Blockchain Halts After Upgrade Attempt, Possible Fork Detected

Multiple sources have reported that the Dash blockchain came to a standstill at block height 1,874,879 following an attempted upgrade to ve...

The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership ...
05/22/2023

The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership

A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto init...

Proof of Talk: Gathering Web3’s Elite for a Unique Leadership Summit at Paris’s Louvre Palace in June ...
05/22/2023

Proof of Talk: Gathering Web3’s Elite for a Unique Leadership Summit at Paris’s Louvre Palace in June

PRESS RELEASE. Tickets are now on sale in limited quantities for Proof of Talk – www.proofoftalk.io , the highly anticipated gathering, p...

Federal Reserve Chair Powell Hints at Possible Pause in Interest Rate Hikes
05/22/2023

Federal Reserve Chair Powell Hints at Possible Pause in Interest Rate Hikes

Federal Reserve Chair Jerome Powell has hinted that the Fed may pause raising interest rates at the Federal Open Market Committee (FOMC) me...

UBS Offers 3 Reasons to ‘Buy Gold Now’ — Forecasts All-Time High This Year
05/22/2023

UBS Offers 3 Reasons to ‘Buy Gold Now’ — Forecasts All-Time High This Year

Global investment bank UBS has provided three reasons for investors to “buy gold now.” Expecting gold to break its all-time high later this...

Biden Says He Won’t Agree to Deal That ‘Protects Wealthy Tax Cheats and Crypto Traders’ as US Default Looms ...
05/22/2023

Biden Says He Won’t Agree to Deal That ‘Protects Wealthy Tax Cheats and Crypto Traders’ as US Default Looms

U.S. President Joe Biden says he will not agree to “a deal that protects wealthy tax cheats and crypto traders while putting food assistanc...

Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions ...
05/21/2023

Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions

From the beginning of this year, the crypto economy has surged by 41.77%, reaching a current market capitalization of $1.17 trillion. Howev...

UK Lawmakers Call for Crypto Trading to Be Regulated as Gambling
05/21/2023

UK Lawmakers Call for Crypto Trading to Be Regulated as Gambling

A committee of British lawmakers has recommended regulating crypto trading as gambling. Viewing retail trading of cryptocurrencies as more ...

Renowned Investor Jim Rogers Warns US Dollar’s Time ‘Coming to an End’ as Countries Seek Alternatives ...
05/21/2023

Renowned Investor Jim Rogers Warns US Dollar’s Time ‘Coming to an End’ as Countries Seek Alternatives

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says the U.S. dollar’s time is coming ...

Robert Kiyosaki: US Economy Headed for Crash Landing, Financial Pandemic Started, Corruption High ...
05/21/2023

Robert Kiyosaki: US Economy Headed for Crash Landing, Financial Pandemic Started, Corruption High

Rich Dad Poor Dad author Robert Kiyosaki believes that the U.S. economy is headed for a crash landing. “I hope I am wrong yet that is what ...

‘In Hindsight the Metaverse Will Be Obvious and Inevitable’ Says Affyn CEO Lucaz Lee
05/20/2023

‘In Hindsight the Metaverse Will Be Obvious and Inevitable’ Says Affyn CEO Lucaz Lee

Despite the many obstacles that currently make mainstream adoption seem impossible, the metaverse will eventually “mature when gateways tha...

US Expands ‘Unprecedented Global Sanctions’ on Russia With Over 300 New Targets
05/20/2023

US Expands ‘Unprecedented Global Sanctions’ on Russia With Over 300 New Targets

The U.S. has imposed new sanctions on Russia “in coordination with the G7 and other international partners.” Among the targets are “the cha...

Robert Kennedy Jr. to Accept BTC for Campaign Contributions, Says Bitcoin Is an ‘Exercise in Democracy’ ...
05/20/2023

Robert Kennedy Jr. to Accept BTC for Campaign Contributions, Says Bitcoin Is an ‘Exercise in Democracy’

Before taking the stage at the Bitcoin 2023 conference in Miami, U.S. presidential hopeful Robert F. Kennedy Jr. emphasized the democratic ...

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
05/19/2023

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak

On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s diffi...

Binance Halts Deposits and Possibly Withdrawals for Aussie Users After Being Cut Off by Australian Payment Service Provi...
05/19/2023

Binance Halts Deposits and Possibly Withdrawals for Aussie Users After Being Cut Off by Australian Payment Service Provider

Binance Australia said on May 18 that it is “unable to facilitate PayID AUD deposits for Binance users” due to a third-party payment servic...

Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay ...
05/19/2023

Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay

The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use ca...

Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push ...
05/19/2023

Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push

Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-...

Two cryptocurrency exchanges are on the radar of the South Korean government
05/18/2023

Two cryptocurrency exchanges are on the radar of the South Korean government

Two national cryptocurrency exchange platforms have been raided as part of an investigation into a politician's dubious crypto investments i...

Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks ...
05/18/2023

Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks

Bitcoin rebounded on Thursday, as markets responded to news that U.S. President Joe Biden held positive talks regarding the debt ceiling. B...

EU Council Adopts New Rules for Europe’s Crypto Markets
05/18/2023

EU Council Adopts New Rules for Europe’s Crypto Markets

The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision com...

BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies ...
05/18/2023

BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

South Africa’s BRICS Sherpa says one of the priorities at the upcoming BRICS summit is “to strengthen economic cooperation.” He added: “We ...

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