Currencies

U.S. President Donald Trump announced on March 2 the first five cryptocurrencies that will form a U.S. strategic crypto reserve: Bitcoin, Ethereum, Ripple, Solana, and Cardano. Bitcoin and Ethereum are the two largest cryptocurrencies in the world by market value. By establishing a crypto reserve, the U.S. becomes a direct stakeholder in the digital asset market, gaining leverage over global policy, adoption rates, transaction standards, and institutional investment. Trump posted on Truth Social, “I will make sure the U.S. is the Crypto Capital of the World.” SEE: The 6 Best...

(Bloomberg) -- The outlook for emerging Asian currencies is worsening again after US President Donald Trump announced new tariffs on China, curbing optimism that his threats were mainly bargaining ploys. Most Read from Bloomberg Regional currencies have tumbled over the past week, with the Thai baht and South Korean won both sliding about 2%, as rising fears over a global trade war sapped risk appetite. Asian currencies have also unwound part of their January rally as a number of central banks in the region cut interest rates to support growth....

(Bloomberg) -- The Canadian dollar and Mexican peso slumped after President Donald Trump affirmed the launch of 25% tariffs on products from both nations beginning Tuesday, the latest in a string of trade announcements from the administration that have buffeted investors in the $7.5 trillion-a-day foreign-exchange market. Most Read from Bloomberg The loonie dropped as much as 0.6% to 1.4542 and the peso slid 0.9% to 20.75 against the US dollar on Monday, touching the weakest levels since Trump’s previous tariff deadline — for early February — caused traders to...

(Bloomberg) -- From China’s artificial-intelligence successes to Dubai’s immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President Donald Trump’s trade agenda. Such selective trades are protecting investors from the unpredictability of Trump’s second term because they aren’t reliant on exports to the US, interest-rate cuts or a weak dollar. While benchmark indexes across stocks, bonds and currencies in developing markets have had the best start in years, the end of February brought a selloff, triggered by yet another...

In 2025, digital payments continue to evolve, offering users more convenient, faster, and safer payment methods. Here are the key trends that will determine the development of the cashless economy. 1. The growth of biometric payments The use of fingerprints, facial scans, and even venous pattern recognition is becoming the standard for payment authentication. This not only speeds up the transaction process, but also increases the level of security, eliminating the risk of theft of passwords and PIN codes. 2. Mass Adoption of central Bank Digital Currencies (CBDCs) More and more countries are launching...

The weakening of the Indian rupee against the US dollar and other foreign currencies has increased the cost of studying abroad for Indian students. Over the past year, the rupee has depreciated from ₹82 to ₹87 per dollar, driving up tuition fees, accommodation costs, and daily expenses.Index Fund CornerSponsoredScheme Name1-Year ReturnInvest NowFund CategoryExpense RatioAxis Nifty 50 Index Fund+32.80%Invest NowEquity: Large Cap0.12%Axis Nifty 100 Index Fund+38.59%Invest NowEquity: Large Cap0.21%Axis Nifty Next 50 Index Fund+71.83%Invest NowEquity: Large Cap0.25%Axis Nifty 500 Index Fund--Invest NowEquity: Flexi Cap0.10%Axis Nifty Midcap 50 Index Fund+46.03%Invest NowEquity: Mid...

The world of blockchain is no longer just about digital currencies and speculative trading—it’s about real-world applications that reshape industries and create tangible value. Leading this revolution is Coldware (COLD), a project that has sent shockwaves through the XRP community by delivering a staggering 1200% price surge while establishing itself as a frontrunner in real-world asset (RWA) tokenization. With Ripple (XRP) making headlines due to Brazil’s decision to allow XRP-backed ETFs, the global finance sector is increasingly embracing tokenized assets. But while XRP’s cross-border payment network remains formidable, Coldware (COLD)...

Bitcoin has been seen as “digital gold”. But Ethereum has been outperforming Bitcoin in one key ... aspect: supply expansion.Photothek via Getty Images President Trump announced yesterday that he had directed his Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, ADA, Bitcoin (BTC), and Ethereum (ETH), adding, “I love Bitcoin and Ethereum!” For years, Bitcoin has been hailed as “digital gold”—a scarce and predictable store of value. But in recent years Ethereum has quietly outperformed Bitcoin in one key aspect: supply expansion. Since...

THE outlook for emerging Asian currencies is worsening again after US President Donald Trump announced new tariffs on China, curbing optimism that his threats were mainly bargaining ploys. Regional currencies have tumbled over the past week, with the Thai baht and South Korean won both sliding about 2 per cent, as rising fears over a global trade war sapped risk appetite. Asian currencies have also unwound part of their January rally as a number of central banks in the region cut interest rates to support growth. There are “significant risks” to the...

Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. — ReutersBitcoin surged over 20% on Monday, following a declaration by United States President Donald Trump regarding his plans for a new US strategic reserve of digital currencies.In a post on Truth Social, Trump revealed that his January executive order would would create a stockpile of currencies including bitcoin, ether, XRP, solana and cardano — names that had not been previously announced. Bitcoin and ether will be at the heart of this reserve, he posted on Sunday. The...