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The currency narratives are now changing with the world order shifting towards embracing a diverse financial system. This system includes the rise of local currencies giving stiff competition to the dollar, and vice versa. At the same time, the aggressive US tariff regime continues to jolt world economies, with the Chinese yuan and US dollar taking maximum hits out of the lot. What’s up with both the currencies lately? Let’s find out. Also Read: This Asset May Outlive The US Dollar: Bitwise Strategy Head CNY Dips To An All-Time Low Source: Reuters . The Chinese Yuan has dipped massively due to the recent US tariff regime. President Donald Trump has levied 34% tariffs on China, which pushed the Chinese currency to fall dramatically against the US dollar. In response to this, Beijing is “ready to fight till the end” and has levied counter-tariffs, sparking rising trade war narratives and pushing the currencies further down. The US has once again responded to the current Chines...

The 16th BRICS summit took place in the Kazan region of Russia this week with the participation of 40 countries in the event. The summit saw major changes with new policies, announcements, and trade deals taking place. The mock-up of a BRICS currency was gifted to Russian President Vladimir Putin indicating that the alliance is aiming to challenge the US dollar. If the new BRICS currency becomes a reality, several major sectors in the US will be severely affected. Also Read: Goldman Sachs Predicts the Future of BRICS Currency JUST IN: Russian President Putin has been gifted a mock-up of a "BRICS bill" at BRICS summit in Kazan. pic.twitter.com/gP08KKkRUy — BRICS News (@BRICSinfo) October 23, 2024 The bloc wants to use the new common currency or local currencies for trade and completely ditch the US dollar. In this article, we will highlight the top 3 major US sectors that will be severely affected if BRICS ditches the dollar for trade. Also Read: The Gloves Are Off: BRICS Is O...

The current crypto market defies widespread expectations. According to data from past bull cycles, it is clear that the Bitcoin rally precedes the emergence of the next cryptos to explode . That explains why many traders assumed that funds from the Bitcoin uptrend usually rotate into altcoins.  In light of the current market dynamics, it’s important to reassess our predictions. This article takes a closer look at the performance of cryptocurrencies leading the gainers list in the past 24 hours. Our primary goal is to identify potential investment opportunities and provide detailed information about each token to our readers. Next Cryptocurrency To Explode  Meanwhile, traders and investors are exploring opportunities to search for crypto tokens that might yield significant returns. Many top trending cryptos in the last seven days are already-known projects. The list below also mentions 99Bitcoins, a recently launched cryptocurrency with promising potential. The details...

Last month Argentina’s financial regulator, Comisión Nacional de Valores, introduced mandatory registration for all cryptocurrency exchanges and brokers operating in Argentina. As crypto service providers begin to get to grips with this new crypto registration rule, this article outlines the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Why is Argentina mandating crypto service provider registration, and how will this rule reshape the industry?  Cryptocurrency and the casino landscape in Argentina: An evolving intersection In Argentina, the­ way cryptocurrencies and casinos work togethe­r is slowly changing. There aren’t any rule­s specifically about using cryptocurrency for gambling. Howeve­r, more people are­ using digital money, and it’s becoming part of Argentina’s e­conomy and society. This shows the country is accepting crypto. More­ ...

We delve into the newest recently listed cryptocurrency featured on cryptocurrency exchange platforms. As the crypto market volatility resurfaces, a new crypto asset named eTukTuk has gained popularity since its presale period is about to end. The crypto currency market currently displays mixed signals that include positive and negative signs. Generally, there is a cautious sense of optimism as the trend on Bitcoin continues increasing in convergence with almost $3900. New Cryptocurrency Releases, Listings, and Presales Today As the crypto market experiences volatility, a new crypto currency , eTukTuk, is gaining momentum as it draws closer to the end of its presale. These tokens have caught the crypto community’s attention due to their unique value propositions and potential for growth in the future. This article will elaborate on three new crypto assets, including eTukTuk. Although encouraging advancements leads to a slow improvement, staying updated on possible risks and a...

Each day, InsideBitcoins covers the latest new crypto currency listings on CoinMarketCap, including CEX and DEX tokens and presale projects. Due to a resurgence in the volatility of the crypto currency market, a new digital currency called eTukTuk has been attracting more attention as it approaches the end of its presale. New Cryptocurrency Releases, Listings, and Presales Today  eTukTuk is gaining popularity now that its presale nears its end. Let’s examine three new cryptocurrencies. Predicting the continual upward trends is sometimes accompanied by unexpected developments. 1. Baby Long (BABYLONG ) Baby Long is one of the cryptocurrencies that has captured attention because it offers a distinctive approach and emphasizes community involvement in a world constantly being redefined by the wildly changing dynamics of the crypto currency market.  It intends to create participant resignation and demographic appealability, marking a new page in decentralized finance...

The cryptocurrency market started off to a good start early this year with Bitcoin touching $48,000 in January. Ethereum reached close to $2,700 leading to believe that the cryptocurrency markets could ignite a rally. Additionally, the SEC approved the Bitcoin ETF making the cryptocurrency markets attract fresh investments from trillion dollars worth of financial institutions. Therefore, the cryptocurrency sector entered the year on its best foot making investors hopeful of a price jump. Also Read: Shiba Inu Unlikely To Hit $1 In this article, we will highlight if these developments could make the cryptocurrency markets enter a bull run in February 2024. Here are the top 3 cryptocurrencies you need to watch out for this month that might generate profits in February 2024. Top 3 Cryptocurrency To Keep An Eye On in February 2024 Bitcoin Source: Reddit The king cryptocurrency slipped from $48,000 to $42,000 but is holding on to its resistance level. Bitcoin fared bette...

The largest crypto currency asset had a rough 2022. Resultantly, skeptics were in the driving seat. Even though Bitcoin has put up an impressive show so far in 2023, people from this side of the spectrum haven’t backed off. In a recent Wall Street Journal opinion piece, Berkshire Hathaway ’s Vice Chairman, Charlie Munger , demanded a crypto currency ban in the United States. China was wise to ban cryptocurrencies: Munger In the article, he criticized the “thousands of new cryptocurrencies” issued by private companies that were allowed to publicly trade without making any disclosures or getting any governmental pre-approval. The Bitcoin critic attributed the “gap in regulation” to their rise. Munger wrote, “A crypto currency is not a currency , not a commodity, and not a security. Instead, it’s a gambling contract with a nearly 100% edge for the house, entered into in a country where gambling contracts are traditionally regu...