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BRICS: Top Bank Predicts US Dollar Could Lose Global Status

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The BRICS alliance is on a quest to upend the US dollar and replace its dominance with local currencies. The shift towards settling trade in local currencies has been on the rise since the White House pressed sanctions on Russia in 2022. Developing countries are sidelining the US dollar for cross-border transactions and increasingly using local currencies for payment settlements. Also Read: India Officially Dismisses BRICS Currency, Praises the US Dollar Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. The greenback stands at the crossroads of a global change that could deplete its power and control over the world’s financial markets. Such a development could wreak havoc on the American economy leading to a major shift and market collapse. Also Read: BRICS: Nobody Will Trust the US Dollar Again BRICS: Deutsche Bank Predicts US Dollar is On the Losing Side Source: Freepik.com Deutsche Bank wrote in its recent note to stakeholders ...

This technical pattern sets XRP’s price next stop

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XRP has surged nearly 2% in a day, aligning with the  broader market recovery. This rebound follows the completion of a correction phase, with technical indicators suggesting a potential bullish breakout. Despite the short-term gains, XRP remains under pressure. As of press time, the token was trading at $2.17, with a 12% decline over the past week and an almost 10% drop on the monthly time frame. However, technical indicators and institutional interest are fueling optimism for a potential reversal. XRP one-day price chart. Source: Finbold XRP’s path to a breakout According to analyst DarkDefender , XRP has finalized its correction on the four-hour timeframe, hinting at a potential shift in momentum. On the daily chart, the asset is showing signs of recovery, with key indicators pointing toward a possible trend reversal. Picks for you ...

Apple (AAPL) Debuts New Product After Stocks Worst Day in 3 Years

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The US stock market got off to a horrendous start Monday, with companies seeing their value plummet. There was no shortage of concern, with uncertainty and geopolitical struggle abounding Wall Street. One company took a more proactive approach, as Apple (AAPL) debuted a new product after its worst stock day in three years. Apple CEO Tim Cook teased the product that would be arriving “this week” in a recent post. As one can imagine, there was no shortage of excitement from consumers. However, the question now is, can the anticipation of the incoming product fuel the stock to bounce back from what has been a poor 2025 so far? Source: Drew Angerer / Getty Images Also Read: Apple (AAPL) to Face 3 Potential Tariff Outcomes That Can Impact the Stock Apple CEO Teases New Product: Can It Save AAPL Stock? Global tensions and geopolitical uncertainty have created no shortage of concern for the US stock market. That was clearly seen in the massive drop that took place Monday. With a ho...

Coinbase to Hire 1,000 US Workers Amid Trumps Pro-Crypto Policy Shift

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The most well-known cryptocurrency exchange in the United States is poised to get even bigger. Indeed, Coinbase announced that it will hire 1,000 new US workers after the country’s continued pro-crypto policy shift under President Donald Trump. The platform’s CEO, Brian Armstrong, announced the decision in a new post on X (formerly Twitter). The platform executive said that Trump “breathed life back” into the cryptocurrency industry. Since his return to the White House, the president has made the asset class a priority. In less than two months, he has already introduced the nation’s first Bitcoin reserve plan. Source: NY Post Also Read: SEC Intends to Dismiss Enforcement Case Against Coinbase Coinbase Investing in US Amid Trump Administration Embrace In late February, the US Securities and Exchange Commission (SEC) opted to drop its lawsuit against the Coinbase cryptocurrency exchange. That was driven by the nation’s continued shift to integrate and e...

ONDO Cryptocurrency to Surge 110% In March Amid TVL Climb?

Ondo Finance’s native cryptocurrency is experiencing a trading volume boost this week, with Friday seeing over $440.31M worth moved. The asset is down over 50% from its all-time high of $2.14 last December. Fortunately, investors don’t seem phased, still swooping up the cryptocurrency amid a larger dip. Could ONDO reclaim its all-time high and boom further by as much as 110%? Despite its latest drop in price, the ONDO community seemed to be quite optimistic about a potential uptick. According to CoinMarketCap’s community sentiment data, about 87% of the market is bullish about the coin’s rise in the near future. Meanwhile, about 13% of them were not confident about the asset’s ascent. A key factor supporting a potential recovery is the continued growth of Ondo Finance’s ecosystem. According to DeFi Llama, the total value locked in Ondo’s ecosystem has surpassed $1 billion for the first time. This marks a significant increase from $541 million at the start of the year. ...

XRP Targets Historic Breakout Against ETH—Is $10 Next?

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XRP & ETH breakout patterns suggest a potential surge that could, right now, dramatically alter cryptocurrency market dynamics. As XRP approaches a critical resistance level against Ethereum, and such resistance has been tested several times before, trading activity indicates an imminent watershed moment. The current XRP/ETH ratio stands at approximately 0.0011233, at the time of writing, with market analysts and also industry experts closely monitoring this pivotal threshold and its potential implications for investors. Also Read: Cryptocurrency: 3 Meme Coins With The Potential Reserve Asset Qualities XRP Resistance Test: How the 160% Breakout Affects Ethereum Price and Market Volatility Source: Watcher Guru Historical Precedent Points to Massive Gains XRP has been positioned at the edge of breaking through what analysts describe as the largest resistance in its trading history against Ethereum. According to market analyst Dom, this specific resistance level at 0.0012 ETH has cons...

Transak receives its Digital Currency Exchange (DCE) license in Australia

Transak, a fiat-to-crypto solutions provider, has received its Digital Currency Exchange (DCE) license from the Australian Transaction Reports and Analysis Centre (AUSTRAC), the chief regulatory body of the country’s crypto landscape, according to the reports shared with Finbold on Thursday, March 6. Similar to a Virtual Asset Service Provider (VASP) license in other regions, the registration enables Transak to offer its services as a fully compliant and transparent digital currency exchange in Australia.  G'day Australia! Transak is now approved as a Digital Currency Exchange in Australia! Read more on @DecryptMedia – https://t.co/vG2IudzjRw pic.twitter.com/YMAg8kNch0 — Transak (@Transak) March 6, 2025 Transak’s DCE registration  Primarily, the DCE registration ensures that Transak observes all anti-money laundering (AML) and counter-terrorism financing (CTF) regulations in the country. ...

US and Ukraine to Sign New Minerals Deal

The United States and Ukraine are preparing to sign a new Minerals deal, sources tell Reuters. Following a controversial Oval Office meeting between US President Donald Trump, VP JD Vance, and Ukraine’s President Volodymyr Zelenskyy, Trump is reportedly telling his advisors that they should announce the deal Tuesday evening. JUST IN: US and Ukraine to sign minerals deal. — Watcher.Guru (@WatcherGuru) March 4, 2025 Trump and Zelensky’s White House interaction has taken the world by storm as the dirty laundry was washed in public. The war of words turned cinema as both leaders indulged in sharp criticism. In the aftermath of the meeting, the minerals deal, which Zelensky visited the US for, was rejected by Trump. However, the Ukrainian President shortly after said that he was open to signing the deal if the US moves forward. Now, it appears the deal will go through. Also Read: BRICS: Brazil Reiterates Need to End US Dollar, Will 150% Tariffs Follow? The proposed agreement represent...

3 Things To Expect From Trump's First Cryptocurrency Summit On March 7, 2025

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Donald Trump is all set to host his first-ever crypto summit in the White House on March 7. The aforementioned development has already taken the market by surprise, with investors hoping that the summit would help unveil key proceedings in the rising cryptocurrency sector. Trump’s post the summit has already helped make some significant announcements, including the launch of a crypto reserve consisting of XRP, SOL, and ADA. Amid all this, here are the three main unveilings that Donald Trump may consider acknowledging in the upcoming crypto summit. Also Read: Not $3,000, Gold Prices Could Hit $3,300 in 2025 3 Major Things That Trump May Introduce In The Upcoming Crypto Summit 1. Clear Stance on Crypto Regulation and Policy Making Source: Watcher Guru First and foremost, the upcoming crypto summit will be a gathering of the sectoral elites, including the founders and CEOs of major crypto firms. This gathering may ultimately pave the way for future policy development about the domain...

Pi Coin Price Hits New Heights Before 55% Drop - Recovery next?

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Pi coin price prediction has become an incredibly hot topic after the cryptocurrency’s dramatic and unexpected price movement. The Pi Network’s native token has recently experienced extreme volatility in the crypto market, soaring to unprecedented heights before suffering a substantial 55% decline. And right now, cryptocurrency market volatility continues to define Pi coin’s trajectory, leaving many investors wondering about potential recovery scenarios and such. Also Read: Trump’s Crypto Reserve Plan: XRP Jumps 30%, SOL 20%, ADA Over 50%; Industry Experts Respond Pi Coin Recovery: Analyzing Market Volatility, Security Risks, and Future Trends Source: Fortune India Pi’s Meteoric Rise and Sudden Fall Pi coin price prediction became rather challenging when the token was officially launched on February 20, experiencing an impressive 705.051% growth on day one alone. Pi network news has confirmed that the token has surged nearly 1,458.372% since its launch, before re...