The Reserve Bank of India (RBI) is pushing a plan to link central bank digital currencies (CBDCs) across BRICS nations to streamline cross-border trade and tourism while chipping away at the U.S. dollar’s dominance. Sources told Reuters that the RBI urged the government to add the proposal to create an interconnected system of CBDCs to
Strive (ASST), a bitcoin BTC$93,088.67 treasury company, saw its perpetual preferred equity (SATA) reach par value of $100 for the first time on Friday, a level that allows it to sell more of the stock to fund further bitcoin purchases. Strive’s preferred stock offers a dividend rate of 12%, with an effective yield of 12.2%.
Bitcoin (BTC) and altcoins experienced sudden and sharp declines following US President Donald Trump’s threat of tariffs against the EU. While Bitcoin has fallen to levels as low as $92,000, Tiger Research, an Asia-based Web3 research company, has announced a striking target figure for Bitcoin. Accordingly, Tiger Research set a BTC price target of $185,500
According to Mike McGlone, Bloomberg’s senior strategist, Bitcoin’s golden decade may be fading into metallic mediocrity. Represented by the XBT/XAU chart, the Bitcoin-to-gold ratio just dropped to 20.18 — almost exactly where it was five years ago. After reaching 40 in late 2024, the benchmark has been cut in half, reviving fears of a complete
The Smarter Web Company has announced it will host the first ever Bitcoin Treasuries Unconference UK on May 29, 2026 in Bristol. The company is the UK’s largest public Bitcoin treasury holder and is fast becoming a leader in corporate Bitcoin strategy. Announcement: Bitcoin Treasuries Unconference UK The Smarter Web Company is pleased to announce
Billionaire brothers Tyler and Cameron Winklevoss recently made a bold prediction about Bitcoin. The Gemini exchange founders said that the cryptocurrency could one day reach $1 million per coin. Their comments came as Gemini went public on the Nasdaq stock market. Bitcoin’s Long Road Ahead The Winklevoss twins have been believers in Bitcoin for more
The cryptocurrency market experienced another Trump effect, with a sudden drop. Accordingly, Bitcoin (BTC) plummeted from around $95,000 to $92,000 within a few hours. This decline also affected altcoins, with major altcoins such as Ethereum (ETH), XRP, and Solana (SOL) losing 3%, 4.4%, and 6.3% respectively. This decline is attributed to US President Donald Trump’s
South Korea’s won is crashing harder than any other currency in Asia this year. It’s down 2.5% against the dollar, making it the region’s worst performer. The USD/KRW pair sits at 1,472.8 at press time, slightly lower on the day, but still staying dangerously close to local highs. Meanwhile, the Singapore dollar is at 1.285,
