Unexpected Moment: Treasury Sign Falls as Yellen Confronts US Dollar Reserve Currency Concerns
The Treasury Department sign fell sharply as Treasury Secretary Janet Yellen faced a tough question about the U.S.…
Browsing Tag
reserve currency
28 posts
Lavrov Says He Agrees With Donald Trump on US Sanctions Weakening Dollar’s Status
Russian Foreign Minister Sergey Lavrov has backed former U.S. President Donald Trump’s remarks about the negative effects of…
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held…
Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk
In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc.,…
Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050
Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming…
VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First
Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck’s…
BREAKING: US Treasury Could Adopt Bitcoin as Reserve Currency and Continue to Buy More BTC
The US Justice Department’s 200,000 BTC could boost the Treasury’s balance by $13 billion. Transitioning Bitcoin holdings to…
German MP urges government to stop ‘hasty’ Bitcoin sell-off
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used…
IMF Data Shows Decline in US Dollar Dominance
Recent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollar’s share…
Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops
A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by…