Currencies

Dollar hegemony has long enraged governments around the world. In the 1960s the French complained of America’s “exorbitant privilege”. Forty years later, as the global financial crisis wreaked havoc, China called for a shift away from the dollar. More recently, Brazil’s president, Luiz Inácio Lula da Silva, spoke for many when he asked with derision, “Who was it that decided that the dollar was the currency after the disappearance of the gold standard?” The unspoken answer was that an American “empire” had foisted the dollar on a prostrate world.In fact,...

 Senior Art Advisor | Specialist in Retirement Strategy & Asset Diversification In an era where investors are increasingly seeking alternatives to traditional asset classes, Anthony Williams offers a distinctive voice—grounded in long-term thinking, financial literacy, and a deep understanding of cultural value. As a Senior Art Advisor at The London Art Exchange, Anthony brings a strategic approach to collecting, working closely with clients focused on wealth preservation, legacy building, and retirement planning. His strength lies in translating fine art into a meaningful component of long-term financial strategy—without sacrificing its emotional...

Key Takeaways Historical patterns show crypto cycle peak is not yet here. Stablecoins increasingly serve as a bridge between fiat currencies and crypto markets, comprising the majority of crypto trading pairs. Share this article The total supply of stablecoin has reached $219 billion and continues to climb, suggesting the crypto bull run is still far from over, IntoTheBlock said in a Friday statement.Stablecoin growth indicates the crypto bull cycle is still in mid-runAccording to the crypto analytics firm, historical data shows stablecoin supply typically peaks during market cycle highs, with...

Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, Reuters reported, citing sources familiar with the matter.The country has been slowly moving deeper into the cryptocurrency space. Just this week, the Bank of Russia submitted proposals to create an experimental legal regime (ELR) lasting three years, allowing a “limited group of Russian investors” to trade cryptocurrencies.Some Russian oil firms use bitcoin, ether, and stablecoins such as Tether (USDT) to convert payments made in Chinese yuan and...

Last updated: March 14, 2025 03:23 EDT Author Ruholamin Haqshanas Author Ruholamin Haqshanas About Author Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto... Share Last updated: March 14, 2025 03:23 EDT Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain...

The Hyperion Ray, a 650-foot long vehicle cargo ship, entering the Columbia River from South Korea to deliver cars to Portland. Photo: Jeffrey St. Clair. With Trump threatening to impose big taxes (tariffs) on imports from all our major trading partners, many people are desperate to find some grand scheme that would justify this seeming absurdity. Just to be clear, as economic policy, Trump’s tariffs are absurd. There can be arguments for tariffs as part of an industrial policy that tries to foster certain industries considered strategic. This was the...

The US Securities and Exchange Commission (SEC) is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple Labs. The SEC is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple Labs. According to FOX correspondent Charles Gasparino, the US securities regulators are using Ether as a benchmark in order to build a case for either classifying XRP as a commodity or maintaining its current classification.  Ethereum developers announced on Thursday that they will launch a new testnet, "Hoodi," to enable validators and infrastructure providers...

Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 8,361.12 Indian Rupees (INR) per gram, broadly stable compared with the INR 8,358.71 it cost on Thursday. The price for Gold was broadly steady at INR 97,522.43 per tola from INR 97,496.98 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 8,361.12 10 Grams 83,613.91 Tola 97,522.43 Troy Ounce 260,053.80   Daily digest market movers: Gold price soars unfazed by a strong US Dollar The...

The decision of the Tamil Nadu government to replace the universally recognised symbol of Indian currency Rs  with the Tamil letter Ru has stirred a hornet’s nest across the country if the initial reactions are any indication. But even DMK persons are of the view that Chief Minister MK Stalin’s new found passion for Tamil language is to make the Centre to use Article 356 in order dismiss the democratically elected government so that the party could romp home with increased majority in the 2026 Assembly election based on the...

By Chibuike Oguh and Lucy RaitanoNEW YORK/LONDON (Reuters) – The U.S. dollar rose against major currencies including the Swiss franc and the euro on Thursday but still remained under pressure from concerns arising from slowing economic growth and global trade quarrels. U.S. President Donald Trump threatened to impose a 200% tariff on wine, cognac and other alcohol imports from Europe, opening a new front in a global trade war that has roiled financial markets and raised recession fears. Trump had also on Wednesday threatened to retaliate against the EU’s announcement...