Month: June 2024

Russian President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last year the share of payments for Russian exports in the unfriendly states’ so-called toxic currencies was halved,” he revealed, labeling the U.S.’s $1 trillion trade deficit as modern neocolonialism and emphasizing Russia’s shift towards using the ruble and local currencies […] Source: https://news.bitcoin.com/putin-says-us-dollar-dominance-diminishing-as-use-of-toxic-currencies-declines/

Telsa CEO Elon Musk has dropped his lawsuit against OpenAI and its CEO Sam Altman. Musk’s decision to drop the lawsuit comes a day before a federal judge was set to decide whether the case should be dismissed or allowed to move forward, according to a report by CNBC. In court documents filed in San Francisco Superior Court on Tuesday,…

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Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.” He contrasted this with entrepreneurship, which requires significant intelligence, dedication, and luck. “That is why I love bitcoin,” he emphasized. Bitcoin Is the Easiest Route to Millionaire Status, Robert […] Source: https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-sees-bitcoin-as-the-easiest-way-to-become-a-millionaire/

AI startup Mistral has closed a substantial €600 million (about $644 million) funding round, the Paris-based firm announced on Tuesday. The fundraise was reportedly based on a company valuation of $6 billion—a nearly threefold increase from its $2 billion valuation in less than six months. “Mistral AI has grown about 3x in valuation since December and about 25x in the…

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We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Japanese investment firm MetaPlanet has added another 23.5 BTC to its balance sheet, bought for a total of 250 million yen (or about $1.6 million), according…

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Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t focus on how the dollar’s future will evolve. They warned: “If the U.S. doesn’t keep its house in better order, dollar dominance will be the least of our worries.” Experts Discuss US Dollar’s Dominance Steven […] Source: https://news.bitcoin.com/experts-say-dollar-dominance-debate-misses-the-point-us-needs-economic-focus/

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Video game retailer GameStop saw a considerable rebound on Wednesday, closing up 22.8% after experiencing two consecutive days of significant losses. That followed last week’s spike…

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BRICS Ministers of Foreign Affairs have emphasized using local currencies in trade, reaffirming economic resilience and financial sovereignty. At their meeting on Monday, the Ministers underscored the importance of the enhanced use of local currencies in financial transactions between the BRICS countries. BRICS Ministers Push for Use of Local Currencies The BRICS Ministers of Foreign […] Source: https://news.bitcoin.com/brics-meeting-highlights-shift-to-local-currencies/