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Showing posts from June, 2025

Buy the US Dollar Dips, Says Wells Fargo: Can't Write-off the USD

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Leading multinational financial services company Wells Fargo wrote in its latest piece to stakeholders that the best investment option now is to accumulate the dips on the US dollar. The DXY index has fallen to a low of 97 on Monday and had briefly dipped to 96.80 last week. The USD is now more than 10% year-to-date and has fallen to its three-year low. Local currencies are generating more profits in the currency markets this quarter than the greenback. Also Read: Texas Governor Abbott Signs Gold & Silver Legal Tender Law Source: MarketWatch The downward trend is spiraling steadily with little to no sight of an upward trajectory on the horizon. Leading currencies like the euro and krona, along with top Asian currencies are outperforming the USD in 2025. Investors no longer see the greenback as a safe haven as it’s now mired with tariffs and an ever-growing debt. However, Wells Fargo believes that the dip is temporary and the US dollar will regain its dominance by Q3 of 2026. Wells...

De-Dollarization Accelerates As US Dollar Becomes 'Toxic', Expert Warns

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The US dollar has become increasingly toxic in global markets, and this reality is forcing countries around the world to seriously rethink their financial strategies right now. One of the most prominent economists in Russia has said that the dollar is now weaponized to the extent that global countries are scurrying around to seek alternative options and that this is already transforming foreign exchange reserves and currency diversification policies as well as global trade patterns in a manner and extent never experienced in the past. Also Read: De-Dollarization Gains Momentum: 50+ Countries Abandon US Dollar Dominance US Dollar Toxic Impact, De-Dollarization, Currency Diversification, And Trade Source: Watcher.Guru Expert Sounds Alarm on Dollar’s Political Weaponization Sergey Glazyev, commissioner at the Eurasian Economic Union and a commissioner of integration and macroeconomics is not beating around the bush in voicing his opinion about how bad Western currencies are doing at ...

US Dollar Forecast: Index Rebounds 1% But Fed, Data Risks Loom

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The US dollar forecast right now presents a mixed picture as traders watch the Dollar Index DXY climb back roughly 1% from recent lows, though significant headwinds from Federal Reserve policy shifts and upcoming data releases continue to create uncertainty. At the time of writing, geopolitical uncertainty from Middle East developments has been easing, but this has actually weakened the greenback rather than strengthened it, creating an interesting dynamic for USD price Analysis going forward. Also Read: De-Dollarization Gains Momentum: 50+ Countries Abandon US Dollar Dominance Dollar Index Outlook: Fed Moves, Data Shocks, And Geopolitical Uncertainty Source: Watcher.Guru Ceasefire Developments Trigger Dollar Weakness The Iran-Israel ceasefire has spearheaded major movements behind recent dollar dynamics, and it’s worth noting that this development accelerated various major shifts across certain critical trading segments. The Dollar Index DXY dropped to around 97.5 on Thursday, ...

NYSE Arca Seeks SEC Nod for Truth Social ETF

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Truth Social’s Bitcoin ETF is moving forward as NYSE Arca filed with the SEC on Tuesday seeking to list the Truth Social Bitcoin and Ethereum ETF. The NYSE Arca SEC filing proposes a fund that would invest 75% in Bitcoin and also 25% in Ethereum, marking Trump Media ETG’s expansion into regulated crypto ETF approval markets right now. Also Read: Solana Spot ETF: CoinShares Seeks SEC Nod for Launch Truth Social Bitcoin ETF Faces SEC Scrutiny and Crypto Split Risks Source: Greek Reporter The Truth Social Bitcoin ETF represents the second filing from Trump Media ETG in less than a month. TMTG, which is majority-owned by President Donald Trump, has accelerated its Bitcoin ETH allocation strategy through regulated investment vehicles. This crypto ETF approval filing follows the Bitcoin-only Trump BTC ETF that was submitted in early June. NYSE Arca filing documents – Source: SEC,gov Crypto.com Partnership Manages ETF Operations TMTG and Yorkville America have partnered with ...

Shiba Inu $929M Surge Sparks 62% Rally, App Teased

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A Shiba Inu price rally momentum is building right now as exchange reserves surge to an impressive $929 million in just 24 hours, and developers are also teasing a revolutionary Shiba Inu Super App. Technical Analysis reveals potential 62% gains if support actually holds, with the Shiba Inu reserves surge and Super App developments driving renewed optimism. The SHIB price breakout appears pretty likely as the token approaches critical support, which suggests the Shiba Inu $0.000015 prediction could materialize sooner than expected. Also Read: Major Platform Predicts Shiba Inu (SHIB) To Rise 108,000% Shiba Inu Price Rally Fueled by Reserve Surge and Super App Buzz Source: Watcher Guru The Shiba Inu price rally gained some serious momentum as exchange reserves jumped to an enormous $929 million within just 24 hours, according to CryptoQuant data. This massive Shiba Inu reserves surge also happened to coincide with a 7.66% price increase, pushing SHIB to $0.00001112 at the time of writi...

Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak

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Metaplanet Ups Bitcoin Hoard To 11,111 Even As ‘Rich Dad Poor Dad’ Predicts BTC Crash

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Metaplanet boosted its Bitcoin holdings to 11,111 even as “Rich Dad Poor Dad” author Robert Kiyosaki warns of a BTC crash. Japan-based Metaplanet bought another 1,111 BTC for around $118.2 million at $106,408 per Bitcoin, ac cording to a June 23 post on X by CEO Simon Gerovich. He added that the company’s total holdings were acquired for approximately $1.07 billion at an average price of $95,869 per BTC.  The purchase came despite the US strike on Iran’s nuclear facilities, which sent Bitcoin temporarily below $100k. It has since recovered to trade at $102,019.12 as of 2:05 a.m. EST.  Trump announced the attack on three nuclear sites in Iran on his social media platform, Truth Social. The sites included Fordow, Natanz, and Esfahan. ‘Rich Dad Poor Dad’ Author Predicts BTC Crash As Bitcoin recovers and Metaplanet adds to its BTC stash, “Rich Dad Poor Dad” author Robert Kiyosaki warns that the leading crypto’s price wi...

Bitcoin Active Addresses At 2020 Level — What’s Happening?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

‘Sherlock missed it’: Cork hacker slams audit firms in on-chain messages

The hacker behind last month’s $12 million exploit of Cork Protocol has weighed in on a debate between squabbling crypto security audit firms. Messages left on-chain from the hacker’s address appear to set the record straight about the root causes of the incident and lament the clout-chasing of some auditors in the wake of such attacks. The comments came in response to a post made on Wednesday by Jack Sanford, CEO of security audit firm Sherlock. Sandford accuses competitors Spearbit and Cantina of missing the vulnerability and covering up their failures. In the first message, the hacker states “sherlock missed it.” Minutes later, they moved 4,530 ether — currently valued at $11.6 million — to a new address. Who needs Netflix when you work in web3? https://t.co/7TaiMUOaq9 pic.twitter.com/LHHl6pvBHT — nisedo (@nisedo_) June 19, 2025 The debate On May 28, a16z-backed Cork Protocol announced a “security incident affecting the wstETH:weETH mar...