The US Department of Energy has announced a $1B partnership with Advanced Micro Devices (AMD) to build two supercomputers. Per a Reuters report citing a conversation with Energy Secretary Chris Wright ...

Chinese banks have helped clients offload overseas currencies worth $51.8 billion, the highest since 2020. BRICS member China is at the forefront of the US dollar sell-off, as optimism grows towards ...

Rapid de-dollarization is happening right now, and the pace has picked up considerably over the past few years. The dollar’s share of global reserves has been falling steadily—from 73% back in 2001 to ...

US President Donald Trump is pardoning Binance founder Changpeng Zhao (CZ), following reports earlier this month about the looming decision. Trump signed the pardon on Wednesday, sources tell the Wall ...

The BRICS gold rush has been reshaping global finance in ways that weren’t anticipated even a year ago, with gold hitting 13 new all-time highs in September and then reaching $4,241.99 on October 16, ...

The BRICS currency launch date remains on track for 2026, and this is despite Trump’s latest attempt to derail it. On October 10, Trump announced a 100% tariff on Chinese goods starting November 1, ...

The US government has seized 134.5 BTC, or $15 billion worth of Bitcoin, held by a man who ran a “pig butchering” fraud operation based in Cambodia. Per the DOJ, the alleged pig butcherer, Chen Zhi, ...

The BRICS gold-backed currency using XRP is showing real progress right now, and member nations are actually building the infrastructure needed for trade settlements that can bypass dollar systems ...

The shift in expectations was driven by recent developments in funding markets, along with some technical indicators that caught analysts’ attention. JPMorgan strategist Teresa Ho stated: “Markets ...

BRICS members Russia, China, and India are looking at the Chinese yuan for oil settlements and not the US dollar. Reuters reported that Russian refiners are seeking payments in the Chinese yuan from ...

BRICS member China has pressed the accelerator on de-dollarization as lending in the Chinese yuan surges. China’s push for the yuan is working as trade and investments are moving away from the US ...

Gold’s price surge has pushed the precious metal above $4,000 per ounce right now, and this milestone is being viewed by many economists as a troubling indicator for what’s ahead. This gold market ...