On July 30, 2024, the Russian State Duma passed a key bill allowing the use of cryptocurrencies in cross-border payments. This marks a major shift in Russia's attitude towards cryptocurrencies.
JinseFinanceBRICS seeks to reshape global trade by reducing reliance on the US dollar, developing new payment systems, and expanding its membership to include countries like Egypt, UAE, and Malaysia.
ZeZhengSince the Bitcoin halving in April, mining profits have come under pressure due to stagnant Bitcoin prices and a sluggish fee market.
JinseFinanceFollowing the Saudi Arabia’s exit from the petrodollar deal, one would wonder what would propel Saudi Arabia to exit this deal after such a long time. Could it be a coincidence that this exit also happen to clash with Saudi Arabia’s new membership with BRICS. What then would this mean for the future of the US dollar?
XingChiSerbia may join BRICS, diversifying the alliance. Its economy is forecasted to grow, but structural reforms are needed. BRICS aims to reshape global trade.
SanyaRussia's plan to expand BRICS to 40 nations challenges Western economic dominance, signaling a major shift in global power dynamics.
SanyaBRICS nations are spearheading a strategic de-dollarisation movement, challenging the long-standing dominance of the US dollar in global trade and signalling a transformative shift in the traditional financial order.
Jasper
Bitcoinist“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated.
Cointelegraph“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
Cointelegraph