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China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United...
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Economist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market
Economist and ardent gold advocate Peter Schiff caused a stir on Friday by announcing his participation in an upcoming art sale featuring...
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Biggest Movers: XRP Hits 1-Month High, After Moving Past Key Price Level
One of Saturday’s biggest movers is XRP , which rose to a 30-day high earlier in today’s session. The token rose for a third...
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Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000 as Market Reacts to Latest US Personal Consumption Data
Bitcoin moved closer to the $27,000 level on Saturday, as markets continued to react to the latest Personal Consumption data from the United...
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Argentina to Expand De-Dollarization Efforts; Seeks Extension of Yuan Based Swap Line With China
The government of Argentina is reportedly seeking to expand its de-dollarization agreement with China due to the lack of dollars that the...
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EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies,...
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Blur Dominates NFT Lending Market With 82% of All Loan Settlements Across the Sector, Dappradar Study Reveals
A recent study by Dappradar discloses the May loan volumes for non-fungible tokens (NFTs) reached a high of $375 million. The findings emphasize...
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Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President
Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da...
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Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the...
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Moody’s on De-Dollarization: Rating Agency Labels US Debt Default a ‘Near-Term Danger to the Dollar’s Position’
As calls for the creation of a global alternative to the greenback grow, credit rating agency Moody’s said on May 25 that rival currencies...
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Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company...
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Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May...
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Biggest Movers: MATIC Surged 5% on Friday, Hitting 18-Day High
Polygon climbed to a multi-week high on Friday, as bearish sentiment in cryptocurrency markets began to fade. The global crypto market...
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Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,800, as Market Volatility Remains High
Ethereum was once again trading above the $1,800 level, after a brief breakout during Thursday’s session. Prices rose by as much as 2%,...
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UAE’s Clear Rules and Openness to ‘Experimentation’ Key to Attracting Crypto Firms, Says Ben Caselin of Maskex
Players in the crypto space are attracted to the United Arab Emirates (UAE) because the region not only has clear rules but is also “open...