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BRICS member India hit back at Trump for dictating with whom they must conduct business and cross-border transactions. India’s Foreign Minister S. Jaishankar dismissed the West’s BRICS vs. Quad narrative, citing that both alliances are different. Many commentators in the West hit out at India, citing that the country is procuring oil from Russia despite being a part of the Quad. For the uninitiated, Quad is an alliance comprising four countries: India, Japan, Australia, and the US. The group was formed in 2007 by Japanese Prime Minister Shinzo Abe to hold talks among member nations. Also Read: Wall Street Reacts To BRICS Currency During a talk at The Economic Times World Leaders Forum (WLF), S Jaishankar said that BRICS and Quad are separate. The two cannot be interlinked as the ideologies are different, and business deals and policies are non-identical. “Quad is still the Quad, and BRICS is still BRICS, and countries like India should not be forced to make binary choi...

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...

US President Donald Trump could sign an executive order as early as this week to allow 401(k) pension plans to invest in assets including crypto, gold and private equity, the Financial Times reported. That would represent a sea change for crypto, opening the industry to a 401(k) market with $8.9 trillion in assets as of September last year. About 71.5 million Americans have 401(k) pension plans.  A 401(k) is a type of retirement plan offered by many employers in the US. It gives employees the option to save and invest a portion of their paycheck in the funds before taxes are deducted. The Financial Times report cited three people who were briefed on the plan. Trump Will Have The Final Say The executive order would instruct regulatory agencies in Washington to formulate a plan to enable investment in crypto and other assets, the report said.  Regulators will also have to investigate any remaining obstacles that might prevent the alternative investments from becoming a r...

The DOGE audit on Elon Musk threat has emerged as President Trump’s harshest retaliation yet against the Tesla CEO, and it’s creating quite a stir in political circles right now. Trump suggested that the Department of Government Efficiency could investigate Elon Musk DOGECOIN subsidies. This happened after Musk launched an aggressive attack on his spending bill. This crypto audit controversy escalates their bitter feud, with DOGECOIN regulatory scrutiny becoming a political weapon. The DOGECOIN market risks are mounting as this DOGE audit on Elon Musk proposal threatens billions in government contracts and subsidies. JUST IN: President Trump slams Elon Musk and threatens to cut government subsidies to his companies. "Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No… pic.twitter.com/GS1zVp493n — Watcher.Guru (@WatcherGuru) July 1, 2025 Also Read: Iran Ba...

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Summary: Summary: ⚈ ALCATRAZ meme coin rallied after Trump’s Alcatraz prison post. ⚈ The coin’s surge mimicked other opportunistic political-themed token launches. ⚈ Multiple ALCATRAZ tokens exist, but one led with a 255% price spike. A newly-listed meme coin, Jail of the United States (ALCATRAZ), was quick to rise to stardom and enjoy a strong rally in the night between May 4 and May 5 after President Donald Trump revealed his plans for the famed prison in a Truth Social post. The ALCATRAZ cryptocurrency’s price tracking started late Sunday on TradingView. Within about three hours, it soared from $0.00008154 to highs at approximately $0.0002895, for a total rally of 255.04%. While the surge did not last long and Jail of the United States swiftly entered a correction, it remains, at its press time price of $0.0001266, up 55.26%. ALCATRAZ price chart. Source: TradingView The opportunistic launch of ALCATRAZ Both the timing of the listing and the...

Summary ⚈ The crypto market lost $520 billion during Trump’s first 100 days in office. ⚈ Bitcoin millionaires declined by nearly 20,000 amid market downturn and project failures. ⚈ Despite earlier losses, recovery signs are emerging as Bitcoin decouples from equities. President Donald Trump’s first 100 days in office haven’t exactly been a boon for the cryptocurrency market — at least not to the tune that it was expected. While the Republican firebrand’s second tenure in the White House has brought a host of positive changes, chiefly concerning regulations, the fallout from Trump’s tariff policies has caused a shift away from speculative assets — and cryptocurrencies absorbed their share of the fallout. To be exact, data retrieved by Finbold from CoinMarketCap shows that, at the time of Trump’s second inauguration, on January 20, the total cryptocurrency market capitalization stood at $3.49 trillion.  On April 29th, the 100th day of Trump’s second presidency...

Exactly 35 days ago, President Donald Trump signed an executive order requiring all federal government agencies to audit their crypto holdings within 30 days. That expired five days ago, but the audit is nowhere online. Trump’s appointed “Crypto Czar,” David Sacks, repeatedly promised that he’d fulfill the directives of the order. On a media tour after the announcement, he lamented the lack of information about how much crypto the government actually owned and swore that this audit would finally bring clarity and accountability to the government’s crypto finances. He was supposed to deliver a full, unabridged report by last week to Treasury Secretary Scott Bessent. It should have been, according to Trump’s presidential imperative, “A full accounting of all government digital assets in such agency’s possession, including any information regarding the custodial accounts in which such government digital assets are currently held.” Nevertheless, no one, includ...

On Wednesday, US Senator Elizabeth Warren called for the Securities and Exchange Commission (SEC) watchdog to investigate whether the Donald Trump administration profited from dropping crypto enforcement against the likes of Justin Sun, Binance, and Coinbase.  In a letter to the SEC’s Inspector General Deborah Jeffrey — who is responsible for investigating “allegations of wrongdoing or misconduct involving SEC programs, operations, or personnel” — Warren asked if she could probe the agency, members of the White House, or anyone with direct ties to Trump’s family and business partners to find out if they influenced SEC crypto policy. If this turns out to be the case, Warren wants to uncover if they made a profit from any crypto policy meddling. She said, “President Trump, his closest advisors, and his family members all stand to benefit from boosts in the crypto industry.” SEC drops high-profile crypto cases in pivot Read more: ETH down 39% sinc...

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...

Solana (SOL) has recently hit a new record high, driven by massive interest in meme coins launched on the network by President Donald Trump and his wife, Melania. Notably, Solana has emerged as the indirect beneficiary of the TRUMP and MELANIA coins, resulting in the decentralized finance (DeFi) asset rallying to a new all-time high of about $295. This momentum was amplified by surging trading volumes for SOL as the network’s decentralized exchange (DEX) hit a record high of $27 billion. Picks for you Whales load up on 100 million XRP - surge coming? 1 hour ago If you put $1,000 in Bitcoin at the start of 2025; you’d now have this much 2 hours ago ...

A veteran crypto trader says that one digital assets sector is about to pull off an under-the-radar repeat of its 2021 rallies. The pseudonymous trader known as Bluntz tells his 304,000 followers on the social media platform X that the decentralized finance (DeFi) sector is “de-risked” following news that the crypto project linked to President-elect Donald Trump has accumulated tokens. Says Bluntz, “The president is accumulating DeFi coins and is making his own DeFi company. I think it’s safe to assume DeFi is now de-risked and due for a 2021 repeat.” Crypto intelligence platform Arkham recently reported that Trump’s World Liberty Financial (WLFI) platform purchased $50 million worth of DeFi coins, including Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). Taking note of WLFI’s purchases, Bluntz says he’s bullish on the decentralized stablecoin protocol Ethena (ENA), noting that traders are shorting the altcoin....

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...

1. Trump Elected 47th President of the United States link On Wednesday, Donald Trump effectively secured his position as the 47th President of the United States, clinching the necessary 270 electoral votes with a victory in Wisconsin. CCTV-2’s Economic News broadcast reported that “Bitcoin’s price has surged to an all-time high, reaching $75,000 with an increase of over 8%.” The report noted that Trump previously pledged to make the U.S. the global capital for Bitcoin and cryptocurrency and to establish a strategic Bitcoin reserve. Rune Christensen, founder of Sky (formerly MakerDAO), commented on social media that Trump’s win could catalyze a genuine, sustained revival of DeFi, with user numbers potentially increasing tenfold, as DeFi stands to benefit the most from reduced regulatory uncertainty in the U.S. compared to other areas of the crypto sector. 2. Trump’s Team Considers Robinhood’s Chief Legal Officer, Dan Gallagher, for SEC Chair link On Friday, Reuters reported that Donald ...