Currencies

Litecoin price dipped below the $100 mark on Thursday, losing 22% in the past week as markets reacted to updates to US trade tariffs and speculation surrounding White House Crypto Summit to be held on Friday. With LTC traders mounting additional short leverage positions, LTC faces further downside risks. Bitcoin price dipped 5% to hit $85,000 on Monday, as skittish sentiment around US Trade policy and Non-Farm Payrolls data introduced fresh volatility ahead of the White House Crypto Summit. However, a recent Bitcoin Strategic reserve announcement from Trump's Crypto Czar David...

President Donald Trump today signed an executive order creating a Strategic Bitcoin Reserve and other digital currencies, an account whose value is currently worth billions of dollars. It’s estimated that there is close to 200,000 bitcoin held by the U.S. government, although that hasn’t yet ever been a comprehensive audit. The order also asks for a U.S. Digital Asset Stockpile, which, like the bitcoin reserve, will be managed by the Treasury Department. These digital currencies have all at one time been forfeited to the government. “The Reserve will be capitalized...

Home BusinessThis is the highest-valued currency in the world, its not Dollar, Pound, Euro, the name is…, country is… The American dollar, the UK’s pound, and the euro are associated with global trade and strength. But these currencies don’t hold the top position in the highest-valued currencies list. This is the highest-valued currency in the world, its not Dollar, Pound, Euro, the name is..., country is... Highest-Valued Currency: The value of a currency is measured by examining the quantity of goods and services that can be purchased with one unit of...

Acting SEC Chair Mark Uyeda discusses the halt in probes into crypto firms, regulation, China's presence in U.S. markets and efforts for technology independence. President Donald Trump on Thursday signed an executive order to establish a Strategic Bitcoin Reserve. Crypto czar David Sacks celebrated the move via a post on X.  "The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime," he wrote. "It is estimated that...

Article contentPresident Donald Trump delayed the tariffs until April 3 for goods covered by the North American trade agreement known as USMCA. The official announcement came after U.S. Commerce Secretary Howard Lutnick signalled earlier in the day that the president might walk back some of the planned levies.Article contentThe rapid reversal “helped alleviate growth and inflation concerns from prolonged tariff disruptions,” said Dan Pan, an economist at Standard Chartered Bank.Trump signed the order to delay tariffs for both countries after starting the day by saying duties would be delayed for...

Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. In fact, cryptos that aren’t Bitcoin are usually considered an “also-ran” — what are called “altcoins,” or alternatives to Bitcoin. While Bitcoin may have been the first major cryptocurrency to hit the market — it debuted in 2009 — many others have become highly popular, even if not quite as large as the original. Here are the largest cryptocurrencies by the total dollar value of...

The issue of gold smuggling has once again come to the forefront with the recent arrest of Kannada actress and daughter of a Karnataka IPS officer, Ranya Rao. Rao was apprehended by the Directorate of Revenue Intelligence (DRI) with 14.8 kg of gold hidden in her body, sparking renewed attention on the ongoing problem of illegal gold smuggling into India. As reports of gold smuggling incidents flood the news, even ordinary international travellers have begun expressing concerns over the legal limits of gold and cash they can carry while travelling...

Home NewsTHIS Prime Minister decided to print Indian currency in foreign country, the decision was taken in…, he was not Rajiv Gandhi, Vajpayee, Manmohan Singh In 1997, the Indian government realized that not only was the country’s population growing, but economic activities were also increasing. New Delhi: It was during the late 1990s when the Indian government, under the then prime minister H.D Deva, decided to print currency notes aboard. The decision was taken in such a discreet manner that the country remained unaware of it for a long time....

The financial services industry is no longer "three to five years" away from digital assets becoming ... mainstream.getty Digital assets, beginning with cryptocurrency and evolving rapidly to include tokenized forms of money and financial instruments, have been with us for well over a decade now. In the beginning they existed on the fringes of established financial systems, but as the world slowly became more accustomed to them, and as they evolved to include central bank digital currencies (CBDCs) and stablecoins, this changed. Stability and utility allowed for a genuine appreciation...

External Affairs Minister S Jaishankar, during his visit to the UK, addressed global economic concerns including the US dollar’s role, BRICS' position on de-dollarisation, and the internationalisation of the Indian rupee. He dismissed speculation that India aims to replace the US dollar, stating the dollar remains essential for global stability. Jaishankar clarified that BRICS lacks a unified stance on de-dollarisation. While rejecting de-dollarisation, he highlighted India's efforts to expand the global use of the rupee, establishing mechanisms with countries facing hard currency shortages. Jaishankar also underlined India's positive relations with...