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AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days
28.5.2023
Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 Billion Wiped Out From Market At...
Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements
27.5.2023
Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...
No ETH to trade? Ethereum exchange balance drops to a 5-year low
26.5.2023
The ETH balance decline began in September 2022, which saw a significant spike in November-December 2022 post-FTX downfall
This Retro Game Trade-In For A Tears Of The Kingdom Switch Is Breaking The Internet
26.5.2023
An indie store called Hey Bro Video Games in Houston, Texas recently celebrated an eye-catching retro trade-in on Instagram. The customer gave the store a limited edition Pikachu Nintendo 64 in the box, an original NES in the box, and several SNES classics in great condition. In exchange he...
DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock
25.5.2023
The crypto conglomerate suffered a loss of more than $1 billion last year
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as ETH Hits 2-Week Low
25.5.2023
Bitcoin dropped below the $26,000 level on Thursday, as bearish pressure intensified in cryptocurrency markets. Prices briefly fell below the $26,000 mark earlier in the day, before rebounding. Ethereum continues to trade below $1,800. Bitcoin Bitcoin (BTC) slipped below the $26,000 level during...
Alan Wake 2 Won't Be Releasing On A Disc
25.5.2023
Alan Wake 2, one of the stars of this evening’s PlayStation Showcase, has some very interesting news tucked away in an accompanying FAQ released at the same time as its latest trailer: the game will not be shipping on a disc. At all. It’ll be digital-only.Read more
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
24.5.2023
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow and Beijing intend to increase mutual trade beyond the $200-billion target this year, added the head of the Russian government....
Ledger's PR Struggle Reveals Uncomfortable Trade-Offs for Crypto Storage
24.5.2023
Hardware wallet maker said full open sourcing is not an option as it needs to protect the security of its chip design
Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers
24.5.2023
Reports from Chainalysis and Elliptic point to the trade for fentanyl precursors and fentanyl itself being fuelled by crypto
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
22.5.2023
The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of the economy, the official indicated. Russia Seeking...
De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov
21.5.2023
The process of de-dollarization has practically started, according to Russian Minister of Foreign Affairs Sergey Lavrov. Moscow’s top diplomat is convinced that Russia’s position on the matter is shared by many other countries while the West is undermining the role of the U.S. currency. Russia’s...
BRICS, Eurasian Economic Union, SCO Members Plan to Discuss Forming an Extensive Alliance
20.5.2023
In four days, representatives from the BRICS nations and the Eurasian Economic Union free trade group are set to convene to explore the possibility of integration with the Shanghai Cooperation Organization (SCO), as revealed by a recent russia-briefing.com report. The report emphasizes...
Avorak AI to begin beta testing later this month, Dogecoin holders excited for trade bots
20.5.2023
The Avorak AI beta testing is adding to the hype surrounding the project. With the recent movements in meme coin prices, Dogecoin holders are moving to Avorak’s ICO, possibly because of Avorak’s trade bot. Is Dogecoin a good investment? Investing in Dogecoin (DOGE) comes with its...
Chinese Autonomous Region of Guanxi to Adopt Digital Yuan in Push for ASEAN Trade Integration
20.5.2023
The Chinese autonomous region of Guanxi, located in the south of China, will implement a wide adoption plan for the digital yuan, that includes a push for using it as a trade currency with countries part of the ASEAN bloc. This pilot plan looks to be part of the experimentation to step up the usage...
Expert Claims Proposed BRICS Common Currency Poised to Undermine US Dollar Dominance
20.5.2023
A recent report from China’s Global Times reveals that Zhou Yu, an international finance research director at the Shanghai Academy of Social Sciences, believes that the proposed BRICS cross-border currency is a significant step in challenging the dominance of the U.S. dollar. Zhou asserts...
Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements
19.5.2023
The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled using national currencies and that they are considering also...
Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push
19.5.2023
Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: “This is the path of Venezuela and the path of a free economy where currencies are not used...
Galaxy Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up
18.5.2023
In 2022, “DeFi performed exceedingly well while CeFi and some traditional methodologies for transacting had some challenges,” Jason Urban, Galaxy’s global head of trading, told CoinDesk TV
Why didn’t Dogecoin pump alongside Pepe? Avorak Trade has the answer
18.5.2023
Pepe coin (PEPE) took the crypto market by storm a couple of weeks ago, with its price spiking significantly. This surge resulted in a rise in many meme coins. However, many investors and traders question why Dogecoin (DOGE) didn’t pump alongside PEPE and what it means for its future as...