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The US dollar is currently experiencing a high dose of intense agony. The American currency is constantly being challenged by global competitors, who, in turn, are out for blood, wanting to snatch away the USD’s global hegemony. The US dollar is currently derailed by constant de-dollarization efforts, with Trump’s sanctions and tariffs adding more pressure on the USD. In short, the US dollar is currently at its weakest, worrying its investors to the core. In the middle of this spiral, analysts are still curating ways to profit from a weak USD, stating how the dollar can still deliver lucrative returns if one knows how to make the most out of the current USD devaluation and downfall. Also Read: BRICS Launching QR Code Payments To Avoid US Dollar Analyst Weigh In: How Can You Profit From a Weak US Dollar? 1. Own Non-US Assets, Especially European Financials and Telecoms Source: Shutterstock According to Marko Papic, chief strategist at BCA Research, owning non-US assets, especially ...

According to State Street’s Global Chief Investment Officer, Lori Heinel, the rising US debt has made US dollar-based assets unattractive to investors, as shared by a Reuters assets report. US Treasury bonds, US stocks, or even simply holding dollars have become riskier or less appealing. President Trump’s tariffs may further fuel the movement away from the dollar, further strengthening the de-dollarization momentum. Are Tariffs A Blow To The USD? Source: dreamstime.com According to a CoreData survey conducted in May-June of this year, investors are reducing their exposure to the US. The data was collected from financial institutions that manage $4.9 trillion worth of assets. The survey found that 47% of respondents were strategically reducing their long-term investments in the US market. The development may lead to a substantial concern for the US dollar’s position. It may also lead to further global de-dollarization. Thierry Wizman, global FX and rates strategist at ...

Although XRP has gained some ground in the last 24 hours in a bid to breach the $3 resistance, the asset’s technical structure is painting a concerning picture for the short term. According to Analysis by Ali Martinez, the TD Sequential recently flashed a sell signal on the three-day chart, prompting a notable price pullback below the $3 mark, he noted in an X post on August 3. The warning signal came after XRP reached highs above $3.60, with the bearish cue suggesting that the latest rally could be running out of steam.  The 9-count TD Sequential signal, known for predicting trend exhaustion, appeared just as XRP approached a resistance zone between $3.60 and $4. Since then, prices have been sliding steadily, and the token is now approaching a key short-term support level. XRP price analysis chart. Source: TradingView At the same time, on-chain data shows that past accumulation behavior points to $2.80 as a temporary buffer for XRP, but real support begin...

XRP surged past a critical milestone on Friday, July 18, hitting a new all-time high (ATH) fueled by a wave of bullish developments and major crypto-related legislative debates. This week, the U.S. House of Representatives passed three important bills, including the long-anticipated GENIUS Act and CLARITY Act, which aim to establish a clear framework for digital assets, including XRP. Adding fuel to the momentum, ProShares announced it would debut the first U.S.-listed XRP futures exchange-traded fund (ETF). The price peaked at $3.62, according to Arkham Intelligence , marking a gain of around 68% over the past month. XRP price performance. Source: Arkham Could XRP hit $4? At press time, XRP was trading at $3.49 and enjoying a market cap of $207.32 billion. XRP 24-hour price. Source: Finbold However, thanks to the new ATH record, institutional accumulation, and news of an upcoming ETF, many are speculating whether XRP might hit $4 soon. Rumors a...

Bitcoin (BTC) is likely to trade around $130,000 at the start of August, according to insights from two artificial intelligence (AI) models, driven by sustained institutional demand and supportive macroeconomic conditions. As of press time, Bitcoin was trading at $119,166, up over 2% in the past 24 hours and nearly 10% over the past week. After climbing to a record high above $123,000, the cryptocurrency slightly pulled back but is now pushing toward the $120,000 resistance level. Bitcoin seven-day price chart. Source: Finbold ChatGPT predicts Bitcoin price For the outlook, both OpenAI’s ChatGPT and Grok agree the market remains firmly bullish, supported by strong inflows into spot Bitcoin ETFs, growing adoption in emerging markets, and easing global inflation. ChatGPT projects Bitcoin will reach $130,000 by August 1, citing steady, though slowing, upward momentum as the bull market matures.  The model sees Bitcoin trading in a range of $125,000 to $135...

Analysts are projecting the Chainlink (LINK) cryptocurrency to reach a one-year high of $32, suggesting a bullish period ahead. This would mark an approximate 126% rally from the asset’s current price. Chainlink price has printed a double bottom chart pattern, alluding to a potential 126% rally to the upside. According to analysts, bullish sentiment among traders is increasing following a rise in LINK’s 30-day MVRV to the highest level in one month. Additionally, LINK is currently forming a bullish setup with a falling wedge pattern. The price has been consolidating within this wedge, signaling a possible trend reversal. As Chainlink approaches the apex of the pattern, investors could see a sharp move upwards, unlocking a new resistance level on the path to $32. There has been bearish sentiment around the crypto market over the past week. One set of news that has been harming the market has been the resumption of tariff concerns. With tariff tensions bubbling up again and no...

XRP surged sharply on Wednesday, rising from $2.17 to $2.28 and adding more than $6 billion in market cap in under 24 hours.  The rally was driven by Ripple’s announcement that it has formally applied for a U.S. national banking license with the Office of the Comptroller of the Currency (OCC), as well as a Master Account with the Federal Reserve, a move that could position the firm as a regulated crypto-native bank. XRP price analysis  At press time, XRP traded at $2.29, up 5.51% on the day, with 24-hour trading volume soaring 58.47% to $4.63 billion, signaling renewed market interest. The token has now broken toward the upper end of its recent price range ($2.08 to $2.30), and is approaching key resistance levels that, if breached, could validate a breakout. XRP 1-day price chart. Source: TradingView Technical signals are also aligning. On the 4-hour chart, XRP is attempting to break through horizontal resistance near $2.30, with a breakout target of $2.55...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The Bitcoin market struggle to stay above the $60,000 mark is causing altcoin prices to slip towards their recent lows. The key question now is what will it take to shift the market momentum? Over the past few days, Bitcoin has remained within the lower range of $55,724 to $73,777. Instead of panicking, large-scale investors, including whales and sharks, have taken advantage of this situation to accumulate more Bitcoin. Sentiment, a market intelligence platform, noted that in the past month, wallets holding between 10 to 10,000 BTC have collectively acquired an additional 133,300 coins, while smaller traders have been offloading their holdings in frustration. Another encouraging sign for bullish investors is the continued decline in Bitcoin stored on exchanges. Data from CryptoQuant reveals that Bitcoin reserves on exchanges have dropped by 12.9% since the beginning of the year, indicating a strong long-term bullish sentiment among investors. Crypto market data...