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Showing posts with the label pressure

The Mighty BRICS Folds Under Pressure

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BRICS was a raging bull when Joe Biden was in the White House and threatened to uproot the US dollar. They even rewrote trade deals, abandoning the US dollar and using local currencies for payment settlements. If that wasn’t enough, the alliance made it clear that they are working on the formation of a new currency. De-dollarization was buzzing in the developing world, citing development as the only opportunity to capture power from the West. Also Read: China Settles $855 Billion Worth of Deals With BRICS Countries in 2025 All it took was a threat from President Donald Trump to impose tariffs, and the mighty BRICS folded under pressure. Trump’s policies were quick, and world leaders realized that he’s not playing around either. The tariffs not only came down hard but also rattled their plans, causing a rift within the alliance. It cut apart their ideology in half, where Russia, China, and Iran are on one side, and India, South Africa, and the UAE are on the other side....

Tradecurve Markets rallies in presale, PancakeSwap and ApeCoin remain under pressure

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Most investors want to end the year on a high note. As such, they are actively exploring multiple projects, including Tradecurve Markets, a hybrid exchange. Amid this development, experts note that PancakeSwap (CAKE) and ApeCoin (APE) have lost their shine. PancakeSwap partners with Transac PancakeSwap, a decentralized exchange, has partnered with Transac to attract more users, allowing them to trade efficiently. Traders can use fiat payment methods like bank transfers and credit cards. This feature was unveiled after the release of PancakeSwap v3.  You might also like: PancakeSwap launches v3 with new features Despite this partnership, CAKE remains under pressure . On the monthly chart, CAKE is down 9%, trading at $1.15. ApeCoin’s network activity plunges Despite tabling fresh proposals for upgrades, APE remains under pressure, down 24% in the last 30 days. Presently, APE is changing hands at $1.13.  Earlier, ApeCoin developers had introduced four improvemen...