China and Nigeria have renewed a $ 2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $ 2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly aims to strengthen financial cooperation between the two countries and expand the use …
Pantera Founder Backs Trump’s Bitcoin Reserve Proposal: ‘It’s Actually a Really Good Policy’
Pantera Capital founder Dan Morehead backs the U.S. proposal for a strategic bitcoin reserve, urging a pivot from gold to “digital gold” to secure financial leadership. Dan Morehead Champions US Bitcoin Reserve Proposal Dan Morehead, founder and managing partner of hedge fund and venture capital firm Pantera Capital, appeared on CNBC’s ‘Fast Money’ last week […]
Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation
China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper, mitigating the tariff impact, and creating looser monetary settings […]
Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return
Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe […]
Ripple Execs Rally Behind Trump’s SEC Nominee: The Dawn of Crypto Freedom Is Here
Ripple executives praised potential SEC leadership changes, signaling hope for a crypto-friendly shift that ends restrictive policies and fosters innovation and economic growth. Ripple Hails SEC Shake-Up: Common Sense Returns to Crypto Regulation Ripple’s executives have expressed support for Paul Atkins assuming a leadership role at the U.S. Securities and Exchange Commission (SEC). President-elect Donald […]