Posts

Showing posts with the label trade

De-dollarization: Trump Tariffs Threaten US Dollar's Future

Image
De-dollarization accelerates across Asia as Trump’s 10% tariffs trigger massive dollar sell-offs and push nations toward local currency alternatives. The April 2025 tariff implementation created unprecedented market chaos, forcing countries to seek BRICS currency solutions and threatening the United States dollar’s global dominance. Foreign direct investment flows to United States – Source: World Bank Data 2025 Also Read: Ripple Price Prediction: $5K in XRP Could Flip Your Future with 580% as ETF Launches How Trump’s 10% Tariffs Drive De-dollarization And Boost BRICS & US Dollar Future Risks Source: Watcher Guru Trump’s universal tariffs sparked immediate de-dollarization momentum across global markets. The head of FX at Deutsche Bank told investors about witnessing a simultaneous collapse in all US assets. The head of FX at Deutsche Bank stated: “We are witnessing a simultaneous collapse in the price of all US assets including equities, the dollar ...

BRICS: Why Trump Won’t Stop Alliance From Ditching US Dollar

Image
Although there is a growing sentiment that the BRICS bloc has shifted its focus amid the 2024 presidential alliance outcome, there are many experts who believe that Donald Trump’s return won’t stop the alliance from ditching the US dollar. Specifically, the collective’s newfound interest in trading in local currencies will see no end in sight despite the shift in leadership in the US. Earlier this month, Russian President Vladimir Putin hinted that the alliance’s de-dollarization days were behind it. However, that is unlikely to be the case according to economist Lauren Johnson, who recently discussed the political and financial importance of the practice. Moreover, why it is unlikely to end any time soon. Source: Politico Also Read: Is the BRICS Bloc Moving Away From Its De-Dollarization Agenda? BRICS Commitment to Trading in Local Currencies Won’t Stop With Trump Return, Expert Says Over the last two years, de-dollarization has been a clear focus of the BRICS bloc. Amid the Western s...

BRICS Settle 65% Trade in Local Currencies & Not the US Dollar

Image
The BRICS alliance settled 65% of trade among member nations in local currencies and not the US dollar. The usage of the US dollar and Euro has fallen below 35% among the existing members of the bloc. The development signals a strategic shift in ending reliance on the USD and other Western-dominated currencies. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: BRICS Advances ‘Multicurrency System’ To Break US Dollar Dominance The de-dollarization agenda gained steam after the White House pressed sanctions on Russia in 2022 for invading Ukraine. Russia and China convinced the BRICS bloc to begin settling cross-border transactions in local currencies and not the US dollar. The move has paid off as several countries are pushing their native currencies for trade settlements. Also Read: North American Countries Start Applying For BRICS Membership BRICS: 65% Trade Settled in Local Currencies, US Dollar Falls Below 35% Source: stra...

Top Crypto Gainers Today May 13 – OctaSpace, Powerledger, Zeebu, Artrade

Image
In the rapidly evolving global crypto market, advancements in blockchain technology continue to push boundaries. Lightning Labs , the developer behind Bitcoin’s Lightning Network, recently conducted successful tests. These tests are aimed at enabling stablecoin issuance on the Bitcoin blockchain. During the Financial Times Crypto and Digital Assets Summit, Lightning Labs CEO Elizabeth Stark made a significant announcement. She highlighted the breakthrough in protocol, emphasizing its potential to address real-world problems. Moreover, she noted its capacity to attract more users to digital assets. This is good news for the crypto community as it broadens investment opportunities and expands cryptocurrency utility. Biggest Crypto Gainers Today – Top List Today’s crypto market is exciting as OctaSpace, Powerledger, Zeebu, and Artrade emerge as the top gainers . OctaSpace, transforming cloud computing and distributed services, surged 25.50% in the last 24 hours. Powerl...

Bybit integrates TradingView facilitating trades with new charting capabilities

Bybit, one of the three largest cryptocurrency exchanges by trading volume, has forged a strategic alliance with TradingView, a leading charting platform and social network, according to the latest information shared with Finbold on February 28. The collaboration promises to transform crypto trading strategies and offer trade rs on the platform unparalleled Analysis and trade execution tools. What does the integration mean for Bybit? Bybit’s integration with TradingView eliminates the cumbersome process of switching between platforms, giving Bybit users access to a comprehensive range of spot and futures symbols directly through their TradingView charts, including both established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) and new tokens such as SEI and CYBER. Picked for you Ripple to unlock 1 billion XRP on March 1; What’s next? 19 mins ago TRON network skyrockets to 100 million addresses, dwarfing Cardano and Avalanche 58 mins ago The anatomy...

Crypto traders are looking at Dogecoin (DOGE) again — Here is why

Image
DOGE flashes a rarely seen technical signal which has historically been followed by a parabolic rally. When memecoins go parabolic, it’s usually a market top signal and a warning that investors’ euphoria has peaked. The market witnessed similar speculative fury in the 2020 to 2021 bull market when Dogecoin (DOGE) chased after $1, Shiba Inu (SHIB) rallied by tens of thousands of percent, and NFT prices hit eye-watering six to seven-digit highs.  DOGE/USDT vs BTC/USDT weekly chart. Source: TradingView Despite only being up 13.6% for the year, DOGE’s 33.2% gain over the last month has put the asset on some analysts’ radar. Take, for example, crypto trader Tony “The Bull,” who pointed out that DOGE price rallied into the one-month parabolic SAR indicator, a move that the trader says was previously followed by a 23,000% rally. For trader s who use technical Analysis , the parabolic SAR is generally used to pinpoint “stop and reverse” signals from an asset. In short, it is used to determi...

3 technical analysis strategies that help confirm winning trades

Image
A combination of RSI, Bollinger Bands and MACD indicators can help investors confirm winning trades. Cryptocurrency trading has evolved from the perception of simply being a game of chance to a strategic process. Successful traders rely on a combination of technical analysis, specific indicators and metrics to find trades with a high probability of profit. Before explaining the three technical analysis strategies that can help confirm a winning trade, let’s first define the key terms: Technical analysis — is all about analyzing statistical trends, so as long as an asset has historical data, technical analysis can be applied. Technical analysis involves looking at the past trading activity and price variations of a crypto asset, with the goal of understanding how the supply and demand of a specific asset might influence its future price changes. By using charts to evaluate price trends and patterns, it’s often been possible to find profitable trading opportunities. Indicator — is a too...