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The US dollar may face a huge crisis from BRICS and other Asian currencies, as Stephen Jen, CEO of Eurizon SLJ Capital, revealed to Bloomberg that an “avalanche” of selling the USD worth $2.5 trillion could come from Asian countries. He revealed that Asian exporters and investors have stockpiled a large sum of USD over the years that could soon be dumped as the greenback is weakening against local currencies in 2025. The Bloomberg currency index shows that the USD is down 8% since February, while local currencies are outperforming the reserve currency. This gives the BRICS alliance more power to initiate the de-dollarization agenda as $2.5 trillion worth of US dollar hangs on a thread. “We suspect these dollar hoardings by Asian exporters and institutional investors may be extremely large. Possibly on the order of $2.5 trillion or so. And pose sharp downside risks to the dollar vis-à-vis these Asian currencies,” Jen and Joana Freire wrote. BRICS: US Dollar Faces a Threat of $2.5 Tril...

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 ...

BRICS member India has once again been accused of dumping US dollars to protect its local currency, the rupee (INR). The INR had plummeted to a lifetime low of 87.60 against the USD on Monday in the forex markets. The steep fall sent jitters in the markets making the Reserve Bank of India (RBI) intervene in the forex sector. India has been accused of intervention in the currency markets to keep the rupee from falling further. Also Read: After Pausing BRICS, Saudi Arabia Invests $600 Billion in the US RBI directed state-run banks to sell US dollars in the forex markets to stop the rupee’s decline, reported Reuters. This is not the first time that BRICS member India has been accused of dumping US dollars. Last year alone, India was accused of market intervention more than four times to keep the rupee from falling. The trend has continued in 2025 raising questions about transparency in trade. Also Read: India Officially Rejects BRICS Currency, Calls It ‘Impossible’ BRICS: India Accu...

Binance has invested in Zircuit, a provider of on-chain security, to enhance investor security measures. This move underscores the evolving trading landscape in the crypto currency sector. The adoption of cryptocurrencies continues to expand, with token owners increasing by more than 32% in 2024. Traders are increasingly attracted to newly released cryptocurrencies, listings, and presales due to their potential for significant gains despite their lower market capitalization. InsideBitcoins carefully selects and presents these tokens, offering insights into their Features , utilities, and market potential. New Cryptocurrency Releases, Listings, and Presales Today io.net stands out as a leading decentralized AI computing network, offering machine learning engineers affordable access to scalable distributed clusters, contrasting sharply with centralized services. UbitEx has emerged as a key player in derivatives trading, catering specifically to market makers.  GINANCE operates ...

Bitcoin has seen extreme price fluctuations over the past year, with both remarkable surg͏es and sha͏r͏p corrections. However, alongside this volatility, the coin faces significant challenges related to transaction fees. ͏As its popularity grows, so does the demand for transactions͏ on the network. Consequently, ͏transaction fees surge during peak times, leading to frustration among users. Beyond transaction fees, the recent Bitcoin Halving event has had winners and losers . While some miners ͏benefited from ͏reduced block rewards, others faced reduced profitability due to increased competition and lower rewards.  New Cryptocurrency Releases, Listings & Presales Today The world of crypto currency and decentralized finance (DeFi) is ev͏o͏l͏ving steadily, with new coin listings and innovations e͏merging regularly. In this article, we delve into promising ventures that are pushing the͏ boundaries of what’s...

Despite a slight dip in the crypto currency market, which has a global cap of $2.21 trillion and decreased by 1.73% in the last day, it’s crucial to recognise its resilience. Factors like regulations, market sentiment, and advancements in blockchain tech impact this volatility. Yet, big players like Bitcoin and Ethereum remain strong, proving their stability amid value changes. The market’s capacity to adjust and prosper amid shifts shows its strength and reliability. The rise in new coin listings shows both investor interest and the increasing innovation in the crypto community. These new additions not only provide fresh investment opportunities but also inspire us with the limitless potential of the crypto world. Each new crypto currency that emerges expands the crypto ecosystem, leading to new ideas and pushing the limits of what’s achievable in digital assets.. New Cryptocurrency Releases, Listings & Presales Today Today’s lineup includes tokens tha...

This Analysis dissects newly released cryptocurrencies, touching on their listings and presale events. It breaks down each coin’s Features to provide valuable information for potential investors seeking to understand and take advantage of the crypto currency market. The cryptocurrency market is looking bullish now, and this rally wave has enticed investors and enthusiasts. Tokens like CornDog, Hund, and MindVerse are gaining attention due to their potential. This analysis examines their tokenomics, use cases, partnerships, and other significant attributes that position them as appealing investment opportunities. New Cryptocurrency Releases, Listings, & Presales Today Today’s cryptocurrency market is brimming with innovation, offering investors many new opportunities to explore. MindVerse expanded its trading options by adding MEXC to its list of exchanges and nine new token pairs. Also, Bitcoin Minetrix is becoming a big deal for investors who want an alternative ...