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BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review – The Weekly Bitcoin News

boss Bitcoin News, News

BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for

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Bitcoin holds $24K as USD taps 3-week lows on eurozone inflation report

boss Cryptocurrency Market, News

Bitcoin (BTC) sought to pin $24,000 as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEurozone inflation estimate shows no peakData from Cryptox Markets Pro and TradingView showed BTC/USD maintaining most of its latest gains after spiking

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Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High – Economics Bitcoin News

boss Exchanges, News

Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member states reached parity against the U.S. dollar for the first time in 20 years. Euro

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Fed conference hears stablecoins may boost USD as global reserve currency

boss Cryptocurrency Market, News

A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change the global currency ecosystem. Panelists at the conference also agreed CBDC development outside of the U.S. doesn’t threaten

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USD stablecoin premiums surge in Argentina following economy minister’s resignation

boss Exchanges, News

Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin Guzman. The minister’s shock exit, confirmed on his Twitter account on July 3 via a seven-page letter,

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Bitcoin’s Dr. Doom is Working on a Tokenized Asset That is More Resilient Than the USD

boss Bitcoin News, News

Quick take: Dr. Nouriel Roubini is reportedly working on a tokenized asset that is more resilient than the US dollar He is working with Dubai-based Atlas Capital Team LP Dr. Roubini emphasizes that the token will be backed by real assets, a mixture of short-term US Treasuries, gold, and US property His involvement in

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