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Cointelegraph has shared a BlackRock report that highlights how de-dollarization is pushing central bank reserves to other assets. The graph shows that US dollar reserves for global central banks have seen a steady decline since 1998. On the other hand, central banks seem to have significantly increased their gold reserves and other currencies. The report states that central banks are “ diversifying beyond the dollar, leading to a rise in other currency reserves, gold holdings, and consideration for emerging assets like Bitcoin. “ Source: Cointelegraph BlackRock’s Stance On De-Dollarization Source: Freepik The report shared by Cointelegraph is not the first instance of BlackRock’s cautious stance on the fading luster of the US dollar. In a letter to shareholders, Larry Fink, CEO of the world’s largest asset manager, stated how the US dollar will not remain the global reserve forever. Fink highlighted how the US debt can potentially lead to nations ditching ...

Investing in cryptocurrencies can be thrilling, especially with the recent surges among top gainers like Nosana and Autonolas. However, the crypto market is notoriously volatile, driven by investor sentiment rather than underlying assets. To navigate this space, it’s crucial to approach investments with caution, focusing on popular coins and diversifying your portfolio. Today, we spotlight the top performers that have captured investor interest and show potential for growth.   Biggest Crypto Gainers Today – Top List Taking a little teaser, we see Nosana steal the spotlight today, soaring 37.55% to $2.85, with a staggering 25,774% annual growth—truly impressive. Autonolas isn’t far behind, boasting a 21.43% boost to $1.57, steady liquidity, and a 44% gain over the year.  OriginTrail follows with a solid 14.01% daily increase and a notable 107% growth over the past year. Even Bitcoin Cash joins the trend, posting a 2.44% gain in 24 hours and a steady ...

Set achievable financial objectives and use effective strategies to track progress and achieve success. Before setting a financial goal, it’s important to have a clear understanding of your current financial situation, including income, debt, expenses and assets. Once you have a clear understanding of your current financial situation, you can start setting financial goals that align with your values and priorities. Here are six steps to set and achieve your financial goals . Define your financial goals Set both short- and long-term financial goals as your first step. Your objectives should be specific, measurable, achievable, relevant and time-bound (SMART). One’s short-term objectives might be, for instance, saving $500 for an emergency fund or paying off $1,000 in credit card debt within the next six months, while their long-term objectives might be setting aside $10,000 for a down payment on a home or investing $100,000 for retirement within the following 10 years. In crypto it’s...

After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing. Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community and has sparked discussions on the potential benefits and challenges of widespread adoption. El Salvador’s controversial move with its cryptocurrency adoption would not have been possible if it was not due to President Nayib Bukele, who garnered international attention after announcing the Bitcoin adoption plan and passed it into law. The legislation required all businesses within the country to accept Bitcoin as a form of payment for goods and services. As a legal tender, Bitcoin now has the same status as traditional fiat currencies, which worries other regulators, economic experts and many...