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President Donald Trump is busy imposing tariffs on nations. These tariffs have spurred global market instability, impacting the US markets negatively. This development has also compelled several nations to recoup and figure out a counterstrategy to continue working with the United States. At the same time, nations like China have counter-imposed tariffs on the US, sparking widespread trade war narratives. In its wake, a new development has caught pace, which is now impacting the US dollar, ushering in de-dollarization drives to take over the world. Will the dollar lose its status before Trump’s reign ends? Let’s find out. Also Read: De-Dollarization: Experts Predict Outcome Of Yuan Vs. US Dollar Trump Tariffs and De-Dollarization Source: Watcher Guru Trump continues to rake in headlines no matter what he does. For instance, the president has embroiled himself in an active trade war narrative by imposing strict tariffs on several nations. At the same time, Trump has recently ...

Shiba Inu’s price surge has everybody talking right now as burn rates are skyrocketing by an incredible 62,000%. This popular dog-themed cryptocurrency is currently facing a pretty critical supply test that could determine if SHIB will experience that 50% price rally everyone’s been hoping for. At the time of writing, SHIB is trading at around $0.0000126, which is down about 3.69% from yesterday, and all eyes are definitely on whether this Shiba Inu price surge can somehow overcome those key resistance levels that have been holding it back. Also Read: Buy Silver Now: XAG/USD To Reach $35, Spike 15% YTD Will Shiba Inu’s Burn Surge Fuel a 50% Price Rally? Source: Watcher Guru The 549 Trillion SHIB Challenge According to the latest data from IntoTheBlock, any real Shiba Inu price surge depends on breaking through some substantial resistance between $0.000014 and $0.000019. This particular zone actually contains around 549.14 trillion SHIB that’s currently being held...

Copper prices are skyrocketing in the charts after the Federal Reserve announced an interest rate cut of 50 bps last week. The metal rose from $9,200 to $9,600 weekly and is attracting heavy bullish sentiment in the indices. On Wednesday’s opening bell alone, copper prices surged 188 points, rising nearly 2% in the day’s trade. Also Read: US Stock: Nvidia Price Forecast- How High Can It Rise By Sept’ End? Source: Business Insider The dramatic surge has made copper among the top gainers in the broader commodity markets this month. The industrial-grade metal has spiked double digits in 2024, surging 13.3% year-to-date. Investors who entered copper early this year made decent profits in the last nine months. Also Read: BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies What Next For Copper Prices? Source: Shawn Hempel / Adobe Stock The rise in prices came after the demand for the metal stabilized in September. China’s copper consumption by industries usual...

The day that the economy has long awaited has finally arrived as the US Federal Reserve has opted to cut interest rates by 50 basis points in a monumental development. The move is a massive moment for the US economy, as it sees the Central Bank cut rates for the first time in four years. The decision came after a two-year-long tightening campaign was implemented to continue fighting stubborn inflation rates. Although those figures had yet to retreat to the 2% target, the headway made regarding inflation had empowered the Fed to finally institute a rate cut. Now, all eyes are on how the economy will respond to the long-awaited development. BREAKING: Federal Reserve cuts interest rates by 50bps for the first time in 4 years. — Watcher.Guru (@WatcherGuru) September 18, 2024 Also Read: Federal Reserve Leaves Interest Rates Unchanged in July 2024 Federal Reserve Cuts Interest Rates For the First Time in 4 Years For much of the last month, all eyes were on the Federal Reserve’s Septemb...

As global markets navigate the challenges of rising geopolitical tensions and evolving economic policies, investors are increasingly focused on safeguarding their wealth against inflation.  Traditionally, gold has been the go-to asset for this purpose, but Bitcoin (BTC) has recently emerged as a potential alternative.  In this context, Finbold consulted ChatGPT-4o for insights to better understand which asset offers superior inflation hedge potential in today’s complex economic landscape. Picks for you Finance experts reveal the difference between Bitcoin and Gold 2 hours ago Robert Kiyosaki warns investors to get savings out of 'corrupt banking system' 3 hours ago ...

Federal Reserve President, James Bullard, is officially set to resign from his position this August. Indeed, The Federal Reserve Bank of St.Louis announced the decision Bullard made, which will officially go into effect on August 14th. Within the structure of the Federal Reserve, there are seven active presidents at any one time. Subsequently, the position that Bullard had filled within the organization will need to be filled, with the continued inflation fight to resume at the upcoming July meeting. Their last meeting date until September.  JUST IN: 🇺🇸 Federal Reserve President James Bullard to resign in August. — Watcher.Guru (@WatcherGuru) July 13, 2023 Also Read: US Judge Rules Ripple XRP is Not a Security FED President to Resign The Federal Reserve has been a focal point of economic policy over the last year. Specifically, the government agency has been fighting rising inflation levels, which is a concerning development. Doing so by em...

Also Read: Mark Cuban Tried To Register Crypto Token With SEC; What Happened? advertisement In March 2023, Judge Torres ruled on motions filed by both parties to rule out expert testimony. Over 100 days from the March ruling, the Summary Judgement is still awaited. This delay is longer than the Judge’s average time taken from Daubert rulings in previous cases, and hence, the Summary Judgement in Ripple lawsuit is expected to come any time. Ripple XRP Victory Judgement Before July 1, 2023 ? The US Federal Reserve had already announced that the FedNow Service will begin operations in July 2023. The service facilitates instant payment services by financial institutions all over the United States , around the clock and throughout the year. Interestingly, among the banks that have been onboarded for the July 1 launch are three Ripple partnered banks: Finastra, Volante Technologies and ACI Worldwide. Hence, the crypto community is wondering whether the R...

Bitcoin holds firm around $29,000 as markets escape a "shock" from the week's main macro event. Bitcoin (BTC) stayed choppy at the April 28 Wall Street open while United States macro data conformed to expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PCE offers "nothing to shock" Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating around the $29,000 mark on Bitstamp. U.S. Personal Consumption Expenditures (PCE) Index data, tipped as the macro event of the week, failed to deliver a performance catalyst as numbers broadly conformed to what markets had already priced in. “The trend is our friend, however core sticky for now - hovering at 4.6% since December,” financial commentator Tedtalksmacro responded, adding in Twitter comments that the latest numbers were “Overall nothing to shock the market.” U.S. equities thus showed little movement at the open, while for Bitcoin, Binance order book data showed modest bid l...

Federal Reserve Chairman, Jerome Powell, was tricked by Russian pranksters posing as Ukrainian President Volodymyr Zelenskiy. Moreover, the Fed chair conducted a fake call with the supposed president in a new video that surfaced today.  The chairman was under the assumption that he was speaking to Zelenskiy, according to a Fed spokesperson. Moreover, the video that has been posted shows Powell answering a host of questions regarding things like inflation and the Russian Central Bank.  Powell Gets Pranked In a rather interesting turn of events, Federal Reserve Chair Jerome Powell was tricked by Russian pranksters posing as Ukrainian President Zelenskiy. Subsequently, a video of the fake call depicted two Russian pranksters posing as Zelenskiy in several clips. The footage shows Powell talking to the pranksters under these now-revealed false pretenses. Additionally, a Fed spokesperson said, “Chair Powell participated in a conversation in January with someone who misrepr...

Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1. Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly better than expected. Still, the sum of all goods and services commercialized between October and December grew less than 3.2% from the previous quarter. Albeit somewhat optimistic, another data set limiting investors' confidence was news that the U.S. Federal Reserve (FED) would revert its contractive measures anytime soon as U.S. durable goods orders jumped 5.6% in December. The indicator came in much higher than anticipated, so it could potentially mean that Interest Rates could be increased for a little longer than expected. Oil prices are also still a focus for investors, with crude WTI approaching its highest level since mid-September, currently trading at $81.50. ...