Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May
The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens…
Bitcoin News
US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he…
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
After the American financial technology giant Paypal rolled out crypto payments last year, the company…
Bitcoin Network Hits 75% Progress Towards Next Reward Halving
At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the…
US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as…
Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse
Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the…
Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar’s Dominance
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar…
Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm
This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI)…
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published…
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated…
First Republic Bank Faces Potential Takeover by FDIC Amidst Financial Struggles
According to multiple reports, First Republic Bank is facing significant financial difficulties and could be…
Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag
Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship….
Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s…
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
A growing number of banking institutions in Russia are offering customers the option to save…
Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports…