Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million
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Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario…
Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold
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Economist Jim Rickards has shared insights on the U.S. dollar’s decline, driven by sanctions and mounting debt, and the potential rise in…
Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer
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In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that period. Meanwhile,…
Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence
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Paul Ryan, a former speaker of the House of Representatives, has assessed the possible role that stablecoins will play in fighting an…
IMF Data Shows Decline in US Dollar Dominance
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Recent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollar’s share of allocated foreign reserves…
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
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The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million….
IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
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The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the…
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
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The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over…
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
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Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. During what…