Bitcoin (BTC) recently brushed the $ 99,800 mark, making it tantalizingly close to the elusive $ 100,000 milestone. This achievement sparks reflection on past trends and the cryptocurrency’s potential trajectory in the months and years ahead. Breaking Barriers or Cooling Down? Bitcoin’s $ 100K Struggle Back in 2017, bitcoin (BTC) approached $ …
Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance
In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This shift, the economist emphasized, could challenge the dominance of the U.S. dollar. “[The] increase in the usage of the Chinese currency is coming at the […]