Bitcoin News / Bitcoin.com - 9 months ago
Nobel Prize-winning economist Paul Krugman says the U.S. dollar’s dominance “won’t last forever.” While recognizing the global de-dollarization trend, he expressed skepticism about the Chinese yuan’s ability to replace t...
Bitcoin News / Bitcoin.com - 9 months ago
According to a report, the central banks of Ethiopia and Nigeria recently consummated a $100 million currency swap transaction. Under the arrangement, an Ethiopian airliner was paid local currency equivalent to $100 million while Dangote Cement is sa...
Bitcoin News / Bitcoin.com - 9 months ago
In a compelling turn of events this Saturday, India and the United Arab Emirates (UAE) inked a landmark agreement facilitating trade transactions to be settled in their native currencies, rupees and dirhams, instead of relying on the U.S. dollar. Ind...
Bitcoin News / Google News Bitcoin - 9 months ago
Robert Kiyosaki's Warnings: Giant Crash Incoming, End of US Dollar Approaching – Economics Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoinist - 9 months ago
The CEO of stablecoin issuer Circle, Jeremy Allaire, issued a stern warning, emphasizing the urgent need for Congress to regulate stablecoins in order to safeguard the US dollar’s status as a global reserve currency.
In a compelling two-minute...
Bitcoin News / Bitcoin.com - 9 months ago
The chief economist at S&P Global has predicted that the U.S. dollar “will no longer be the dominant world currency.” Highlighting the diminishing influence of the USD, he pointed out that an increasing number of countries are de-dollarizing, not...
Bitcoin News / Bitcoin.com - 9 months ago
Rich Dad Poor Dad author Robert Kiyosaki has warned that the U.S. dollar will die. He expects the BRICS nations (Brazil, Russia, India, China, and South Africa) to launch a gold-backed currency that will kill the USD. The famous author further stress...
Bitcoin News / Bitcoin.com - 9 months ago
A study by a $1.5 trillion asset management firm has revealed that central banks are reducing their U.S. dollar holdings while seeking to increase Chinese yuan holdings. “Central banks are diversifying currency holdings, stirred by geopolitical...
Bitcoin News / Bitcoin.com - 9 months ago
An Iranian official has stated that Iran stands to benefit from a gold-backed common BRICS currency. The official further asserted that such a BRICS currency would erode the U.S. dollar’s dominance and result in increased wealth for Iranians ho...
Bitcoin News / Bitcoin.com - 9 months ago
U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development, including the proposed BRICS currency. Yellen stressed that all the data of which she is aware shows that the dolla...
Bitcoin News / Bitcoin.com - 9 months ago
Bolivia’s President Luis Alberto Arce Catacora (Lucho Arce) has urged members and associated states of the Mercosur trade bloc to de-dollarize and establish stronger strategic alliances with international organizations, including the BRICS grou...
Bitcoin News / Bitcoin.com - 10 months ago
The central bank of Argentina has officially included the Chinese yuan as a recognized currency for making deposits in bank accounts. “Opening yuan accounts could attract more people and enterprises to exchange Argentinian peso to yuan, as more or le...
Bitcoin News / Google News Bitcoin - 10 months ago
Analyst Breaks Down Bitcoin (BTC), US Dollar Index and Two Major Stock Indices After Huge Week for Crypto& & The Daily Hodl
Bitcoin News / Bitcoin.com - 10 months ago
Federal Reserve Chairman Jerome Powell has discussed the threat of de-dollarization and the risk of the U.S. dollar losing its world’s reserve currency status. He believes that the USD hegemony is a consequence of America’s economic dominance.
Fed Ch...
Bitcoin News / Bitcoin.com - 10 months ago
Russian President Vladimir Putin has discussed the end of the U.S. dollar dominance, claiming that Russia has nothing to do with the USD’s downfall. “We have never had and do not have the goal of de-dollarization,” Putin also stressed, highlighting g...
Bitcoin News / Bitcoin.com - 10 months ago
Economist Peter Schiff says the U.S. dollar decline will be “far greater” than what Treasury Secretary Janet Yellen has warned. “This portends a significant decline in our standard of living,” he cautioned. Furthermore, the economis...