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Donald Trump is once again actively mocking rivals, pushing the US dollar supremacy back on the radar. Trump has issued another stark warning to BRICS, a ten-nation bloc trying to establish its dominance in the global economic hierarchy. BRICS has always envisioned a dollar-free world, spearheading efforts to reduce their dependence on the US dollar. The bloc has also been accelerating de-dollarization drives, which have lately been impacting the dollar harder than ever before. The latest Trump warning has come in light of asserting his dominance, adding how the US dollar is truly irreplaceable and will go dormant in the future. Also Read: US Dollar Still Accounts for the Majority of Global Reserves & Trade Trump Mocks Rivals Source: News9 Donald Trump has once again bellowed a stark warning to BRICS, an alliance that has long been vying for de-dollarization to take global hold. While signing the GENIUS Act into law, Trump was documented stating how BRICS is a little group “which i...

The major announcement from the BRICS alliance is that the bloc is divided on the global de-dollarization agenda. The nine-member alliance is seeing divisions as cracks open up from all sides on what the group stands for. While some countries want to launch a new common currency for trade and transactions, others don’t. The breaking up of ideas is causing a split within the group with each country wanting different agendas. Also Read: More Countries Ready to Join BRICS Alliance BRICS: India & Brazil Announce ‘No Interest’ in De-Dollarization BRICS member India has made it clear that it has no interest in ending reliance on the US dollar and will not pursue the de-dollarization agenda. Foreign Minister S. Jaishankar said that India has “absolutely no interest” in undermining the US dollar. He said that the country “has never had a problem” with the greenback and has no plans to replace it. Also Read: India Officially Dismisses BRICS Currency, Praises the US Dollar ...

Geopolitical tensions are nearing a fever pitch as the global south and the west face off. With de-dollarization efforts at the forefront, the two sides have shown no interest in budging. However, things took a twist for BRICS and the US this week, as the US dollar fell from its two-year high with President Donald Trump’s 100% tariff plan taking a turn. Throughout his campaign for reelection, Trump has not been shy about his perspective on the US dollar. Specifically, he has continued to maintain the importance of the greenback to remain the world’s currency. This week, he has shared an interesting update that adds the latest on what is an extended saga. Source: Watcher Guru Also Read: BRICS to Introduce Bitcoin Reserve? Us Expert Says Its Possible US Dollar Falls From 2-Year High as BRICS & Trump Saga Enters Another Chapter Since his 2024 presidential election win in November of last year, Donald Trump has targeted the BRICS alliance. He has issued a severe warning on the b...

The Canadian dollar has plunged below its usual price radar, plummeting to hit the four-year low against the US dollar. The changing geopolitical narratives with the Trump regime tightening ropes surrounding tariffs and taxes have compelled CAD to fall dramatically. Also Read: Ripple: Will XRP Hit $2 In December 2024? Why Is the Canadian Dollar Falling? Source – Pixabay The Canadian dollar has hit a new four-year low against the US dollar. The fresh Tuesday statistics have reported the CAD falling dramatically against the US dollar. As the United States heads towards a new phase of political regime with Trump taking the lead, the president-elect’s stricter policies concerning tariffs have compelled the CAD to hit a new low. “As everyone is aware, thousands of people are pouring through Mexico and Canada, bringing crime and drugs to levels never seen before,” Trump wrote, citing the issue of illegal immigration and illicit drugs. Trump on Tuesday announced his plans to impose stric...

Dec 28, 2023 at 08:07 // Price Author Coin Idol In the previous week, altcoins slipped after reaching recent highs. Cryptocurrencies have risen above moving average lines after failing to break their previous highs. Cryptocurrencies are expected to recover when the decline ends above the moving average lines. The value of cryptocurrencies will fall when the moving average lines are broken. Each of these cryptocurrencies is examined in depth below. SATS SATS (1000SATS) has returned to a horizontal trend after reaching a high of $0.0009302. The crypto currency ...

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The Shiba Inu dog has become an icon in not just the world of cryptocurrencies, but also in internet culture. The “Doge” memes were probably one of the first instances the Japanese breed shot to international fame. It was not too long after that when Billy Markus and Jackson Palmer decided to use “Doge” as the mascot and logo for their crypto project. And thus, began the memecoin era. Recently, memecoins began to rally after Elon Musk, a Dogecoin proponent, changed Twitter‘s logo to that of a Shiba Inu dog. Dogecoin (DOGE) jumped almost 33% following the logo change. Other dog-themed coins, such as Floki Inu (FLOKI), BabyDogeCoin (BABYDOGE), SHIB, etc., also followed suit. With that being said, people who get into memecoins rarely do it for the use cases of the project. Some investors are in it for the meme culture of the token. Dogecoin , for example, is known for not taking things too seriously. Other investors are in the memecoin game for quick profit-making, as DOGE and SHIB h...