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Showing posts with the label dollar

Why a Bitcoin ETF approval would be a big deal

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Bitcoin ETFs are back in the spotlight after several companies filed with the SEC. This week’s episode of Market Talks discusses why approval would be a big deal for Bitcoin. In this week’s episode of Market Talks , Cointelegraph welcomes Natalie Brunell, a podcast host, educator and media commentator in the Bitcoin space. Her podcast, Coin Stories , consistently ranks among the top 50 to 100 on Apple podcasts. She has over 300,000 Twitter followers, and is an award-winning TV journalist and former investigative reporter. Brunell explains how Bitcoin (BTC) is a tool for the financial empowerment of billions of people worldwide and how the depreciating United States dollar is stripping away people’s economic dignity. The elephant in the room when discussing Bitcoin with someone new to the crypto space is its volatility and risk factor. Brunell describes how to overcome this, and how to explain that Bitcoin might be better than traditional assets, including stocks and real estate. Brune...

24 Countries Ready To Accept BRICS Currency

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A total of 24 countries are interested in accepting and trading with BRICS currency when it launches on the International stage. The group of developing countries is moving to bypass the U.S. dollar to settle global trade. The dollar’s dominance could weaken if the BRICS currency gains prominence, giving Eastern nations more financial power than the United States. South Africa’s BRICS ambassador Anil Sooklal said that 19 countries have shown their interest to join the alliance, reported Bloomberg. Sooklal confirmed that 13 countries have formally sent applications to join the BRICS alliance. He added that five other countries have informally requested to be a part of the block. Also Read: BRICS Alliance Promoting Native Currency Before Launching New Tender BRICS comprises five countries Brazil, Russia, India, China, and South Africa. Therefore, a total of 24 countries are participating to dethrone the U.S. dollar from its global reserve status. 24 Countries Interested In...