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BRICS: European Firms Get Requests For Local Currencies, Not US Dollar

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Taking a leaf from the BRICS playbook, several banks, brokers, and financial entities in Europe are receiving requests to accept local currencies and not the US dollar, reported the Luxembourg Times. The European financial firms are receiving more requests for transactions, including hedges that sidestep the US dollar. The requests are coming in for the Chinese yuan, Hong Kong dollar, the Emirati dirham, and the euro. Also Read: BRICS: JP Morgan Predicts 20% Decline in the US Dollar This is the first time that foreign institutional funds are demanding to transact in local currencies with European finance entities. The BRICS initiative of pushing local currencies ahead and not the US dollar has reached European shores in 2025. For example, if a Japanese company wants to transfer money to a Philippine-based fund through European firms, they typically send the US dollar, and the firm then converts the money into Philippine pesos. But companies are now demanding that strategies be consider...

cSigma Finance Tokenizes $80M in RWA Private Credit, Offering 17% Yield in DeFi

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New York, USA, May 13, 2025 – Coinscribble by Coinbound – RWA private credit protocol cSigma Finance is transforming DeFi by tokenizing business loans from the US, EU, and Asia, delivering enhanced yield opportunities for Stablecoin holders. cSigma Tokenizes $80 Million in Business Loans Across Global Markets In Q1 2025, cSigma Finance successfully tokenized over $80 million in business loans for mid-market companies across the United States, European Union, and Asia. These loans are now accessible across 11 major blockchain networks , including Ethereum, Arbitrum, and BNB, marking a significant milestone in the convergence of traditional finance (TradFi) and decentralized finance (DeFi) . The protocol anticipates the tokenization of an additional $100 million , putting it on track to achieve $200 million in tokenized private loans by the end of 2025 . Bridging Stablecoins and Real-World Credit “We’re not just creating another DeFi-only protocol,...

Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000

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Pepe Coin Predicted To Reach 1 Cent, Here's When

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The cryptocurrency market welcomed Pepe Coin (PEPE) only two years ago. Despite its rather late entry into the market, the asset has been making strides with its price. More recently, the meme coin jumped up by more than 80% during the past seven days. The asset’s latest rise stood out as the rest of the market did not witness a rise of this magnitude. While the Shiba Inu market has been eagerly waiting to reach the 1 cent mark, PEPE could be moving faster than SHIB. Also Read: Shiba Inu or XRP: Which Cryptocurrency Can Double in Price First? Where Does Pepe Coin Stand Today? Source: NewsBTC At the time of writing, Pepe Coin was trading at $0.00001445. This comes after a notable rise of 8% throughout the past 24 hours. The meme coin has already increased by more than 135517233.45% since its launch back in April 2023. Despite a rise of this magnitude, PEPE continues to trade nearly 50% below its all-time high. The asset hit a peak of $0.00002825 back in December 2024. Source: CoinM...

Bitcoin Stays Resilient While Wall Street Stumbles – Details

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Here Are 5 Reasons Ethereum May Reach $12,000 In 2025 – Analyst

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HEX Rallies Over 100% In 1 Month: New All-Time Soon?

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HEX (HEX) has experienced quite a price spike since the SEC dropped its litigation against founder Richard Heart. The asset is up 18.7% in the daily charts, 22.7% in the weekly charts, 8.8% in the 14-day charts, 109.4% over the previous month, and 45% since May 2024. Also Read: Ethereum Pectra Upgrade Price: ETH Surges 18% to $2,200 Source: CoinGecko Cryptocurrencies Surge Amid US-UK Trade Deal Source: Watcher Guru HEX is currently following a market-wide resurgence. The asset’s rally comes amid President Trump announcing a new US-UK trade deal. The stock market also saw a bump today. HEX’s rally comes amid Bitcoin’s (BTC) latest rally to the $103,000 price point. The global crypto market cap has risen 3.7% in the last 24 hours to $3.39 trillion. Also Read: China-Russia Anti-Dollar Alliance: Xi Condemns ‘Hegemonic Bullying’ Other bullish developments may have also helped HEX’s latest upswing. The Office of the Comptroller of the Currency (OCC) recently said regul...

Binance Buzz: Pi Coin Wallet Activity Triggers Listing Rumors

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R. Kiyosaki says Bitcoin, gold, and silver best defense against global war in 2025

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As global tensions escalate in 2025, famed finance author Robert Kiyosaki warned on X (May 8) that his favored assets – Bitcoin (BTC), gold, and silver – remain the best defense against financial and geopolitical uncertainty. According to the ‘ Rich Dad Poor Dad’ writer, Nissan, Toyota, and Honda’s decisions to stop selling their cars in the U.S. are consequences of a sequence of events that have ‘currency wars, lead to trade wars, lead to shooting wars.’ In Kiyosaki’s opinion, the alleged exit of Japanese car makers could result in massive unemployment across America, especially since he is not convinced that U.S. car companies such as Ford (NYSE: F), General Motors (NYSE: GM), and Stellantis (NYSE: STLA) can close the gap. OMG: Toyota, Honda, and Nissan have decided to stop selling cars in US. This will mean massive unemployment and crash of many towns dependent upon Japanese cars. As pilots say, strap in tight and prepare for crash. US automakers like ...