BITPRISMIA
The article examines the factors influencing central banks' US dollar reserve holdings in Q1, highlighting the interplay of economic forces, market dynamics, and the dollar's enduring dominance despite discussions of de-dollarization.
The US Dollar's recent decline is influenced by shifting economic dynamics and central bank policies, leading to more complex Forex market trends and reduced impact from global trade tensions.
Binance CEO Richard Teng highlights the exchange's growth to 280 million users and its client-centric philosophy as key to its success, while also noting other cryptocurrency market developments.
The Asia FX market is facing pressure due to potential Trump tariffs and the Federal Reserve's cautious monetary policy, leading to increased volatility and uncertainty in currency valuations.
XRP's spot trading volume on South Korea's Upbit exchange has surged, surpassing global exchanges like Binance, driven by high retail trading activity and local investor interest.
Former U.S. President Donald Trump announced new tariffs affecting multiple countries, with significant rates like 50% on Brazil, potentially disrupting global trade dynamics and straining international relations.
Monad acquires Portal Labs to expand stablecoin payments on its high-speed blockchain, with Raj Parekh leading the stablecoin strategy.
President Trump's upcoming July 9 trade policy announcement is expected to significantly impact global trade dynamics, with potential economic repercussions across various sectors.
The SEC has released new disclosure guidelines for crypto ETFs, potentially streamlining the approval process and fostering broader market participation, with optimism building for future approvals of altcoin ETFs.
Bitcoin's price dropped below $108,000 due to global risk-off sentiment triggered by President Trump's unexpected tariff threats, behaving more like a high-risk asset than digital gold.