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The BRICS alliance is aiming to uproot the U.S. dollar’s global supremacy by promoting local currencies for trade settlements. BRICS wants to strengthen their native economies by cutting ties with the U.S. dollar for cross-border transactions. The bloc is on a world tour convincing developing countries to use local currencies for trade and not the U.S. dollar. Also Read: BRICS Bank To Make $5 Billion in Loans in 2024 The development will affect several financial sectors in the U.S. leading to a market decline in the coming years. If BRICS ditches the dollar for trade, the USD currency will return to the homeland leading to hyperinflation in America. 3 U.S. sectors stand to be directly affected if BRICS dumps the dollar for trade. BRICS: 3 U.S. Financial Sectors To Be Affected If Dollar Is Ditched As Payment Source: Instagram A total of 3 financial sectors in the U.S. will take a direct hit if BRICS ditches the dollar for cross-border payments. The sectors that could be

Almost every Bitcoin investor is anticipating a continued price surge as the crypto continues to trade around the $70,000 price mark . On-chain data has shown a large part of this surge can be attributed to the accumulation by large whales .  Bitcoin is undoubtedly home to a lot of these whale addresses holding hundreds of millions of dollars and with transactions that can move the market. However, on-chain data has further revealed that the accumulation trend has also flowed into the next cohort of traders. These traders, also known as “Sharks,” are addresses that hold between 100 BTC and 1,000 BTC. According to Glassnode data, shark wallet addresses have accumulated 268,441 BTC in the past 30 days, which is the biggest net position change since 2012.  Increased Accumulation Of BTC According to a Glassnode chart shared on social media by crypto analyst James Van Straten, Bitcoin accumulation by shark investors shot up in 2024 to reverse a multi-year co

During the meme coin season, ClayBro analyzes the growing popularity of digital assets, including Sponge V2, a coin poised for success upon its launch. He expresses confidence in Sponge V2, pointing out the potential for significant gains similar to its predecessor’s 100x surge in 2023. Sponge V2 price prediction During the surge of meme coins, Sponge V2 is getting a lot of attention as the next version after Sponge V1’s success. Investors are hopeful about Sponge V2’s potential for big profits, comparing it to the impressive 100x increase of its predecessor in 2023. Several reasons contribute to this hope. Firstly, the presale activity for Sponge V2 has been strong, with over $23 million already pledged, showing that investors are interested. Moreover, the chance to earn high staking rewards, offering up to 169% APY on Ethereum or 385% APY on Polygon, makes investors even more confident. Also, with meme coins doing well in the market, Sponge V2 is in a good position to benefit.

The FOKI price has pumped 14% in the last 24 hours to trade at $0.0002582 as of 12:45 a.m. EST, with a 162% trading volume surge to $904 million    Floki Inu (FLOKI) surged 381% in the past month, with experts and traders predicting positive moves for the token. With Bitcoin (BTC) leading the way as the crypto market picks up again, the dog-themed token is gearing up for a significant surge. FLOKI Price Gears Up For A Bull Rally FLOKIUSDT Analysis By Tradingview The price of FLOKI seems to stabilise around $0.0002995, showing a slowdown in bullish activity and maintaining stability within this range.  However, the resistance level has allowed bears to push the price below this consolidation range, causing bulls to seek support around the $0.0001848 mark. Despite this, bullish forces have pushed the price above the 50 and 200 Simple Moving Averages (SMAs) on the 4-hour chart, confirming an overall positive sentiment for the FLOKI price.  Additionally, the Relative Strength Ind

A common feature of cryptocurrency bull markets is the emergence – and resurgence – of various meme coins and the associated rags-to-riches and riches-to-rags stories. The ongoing crypto market surge is no different and has already featured a massive meme coin rally early in March in which the internet-joke-based cryptocurrencies briefly dominate the weekly charts.  It also saw the release of multiple new meme coins and the creation of several new millionaires out of investors who timed their trades particularly well with some of the most notable examples being associated with Dogwifhat (WIF) and the mishap-ridden Slerf (SLERF). Picks for you Reset of a lifetime? Commodities guru sounds alarm on 30% crash 20 mins ago Nexo introduces crypto transfers via email or phone 30 mins ago ChatGPT now helps you backtest simple trading strategies 2 hours ago Cardano architect slams ‘zombie blockchain’ allegations 2 hours ago One of the mainstays of the li

The gold value has skyrocketed in 2024 thus far, with the metal reaching all-time high marks throughout the year. However, the increasing gold price doesn’t appear to be slowing down soon, as JPMorgan predicts further gains amid the asset’s $2,400 target. Indeed, the bank discussed the assets in a report from earlier this year. They noted the uncertainty of the modern economic market, with inflation and geopolitical concerns abounding. Subsequently, the identity of GOLD is the premiere safety play, with the demand unlikely to pull back in the foreseeable future, with uncertainty only increasing. Source: electric-vehicles.com Also Read: BRICS: US Bank Agrees Switching To Gold Standard Will Stabilize Prices JPMorgan Expects Gold Demand to Continued as Analysts Predict $2,400 Mark The GOLD market has been incredibly prosperous to this point in the year. Although the asset had high hopes on the tail end of 2023, no one could have predicted its continued ascension. In March,

UK crypto firm Copper, which is chaired by the country’s former chancellor Sir Phillip Hammond, has raised eyebrows after hosting a private dinner party at a luxury London hotel that served guests sushi on two partly naked models. Copper invited guests to the crypto conference after-party at the five-star Mandrake Hotel last week and promised that “Attendees will be able to entertain and explore all five senses,” and “Transcend the ordinary at the Copper experience.”  The Financial Times obtained a picture of the event during which one male and one female model, seemingly dressed in thin bodysuits, can be seen semi-naked serving sushi off their bodies.  Photo of the Copper dinner party shared with the Financial Times. The event is reminiscent of nyotaimori, an old Japanese custom where sushi is served to guests from the bodies of laid-down naked women .  Crypto dinner party more ‘art’ than ‘seedy’ A person close to Copper told the Financial Times the dinner party was “ a lot o

Bitcoin is currently looking to climb above the $70,000 mark again on Wednesday and breach its all-time high of $73,737. The upcoming Bitcoin halving event is making BTC rally and leading altcoins are moving in tandem with its price rise. For the uninitiated, the halving event is scheduled to take place on April 20, 2024. The BTC supply will be cut in half making the cryptocurrency remain scarcely available in the market. Also Read: Ripple: XRP Forecasted To Rise 15 Cents Since BTC has a lot of demand, the scarcity will make its price head north as the supply is now limited. The development makes BTC among the most sought-after assets in the markets as it can deliver a huge upward swing. Bitcoin: BTC Could Reach $100,000 By September 2024, Says Analyst Source: Watcher Guru Robert Kiyosaki, the Author of the best-selling financial help book ‘Rich Dad Poor Dad’ predicts that BTC could reach $100,000 by September 2024. He cited that the halving event will make BTC rally furth

The cryptocurrency market is once again causing a stir as digital assets, meme coins, and DeFi tokens surge in value, reigniting investor interest and optimism. Following a period of stagnation and waning confidence, meme coins have made a spectacular comeback at the outset of this week. Analysis of on-chain data reveals a flurry of activity as traders rush to seize opportunities in the market’s resurgence, injecting fresh funds and bolstering confidence in digital assets. Dogecoin: The OG Meme Dogecoin (DOGE) has won over the hearts of millions across the globe with its vibrant branding and committed community. Originally born as a jest, Dogecoin has metamorphosed into a notable contender within the cryptocurrency domain, drawing interest from both individual enthusiasts and institutional investors. With its increasing utilization as a mode of transaction and endorsements from influential figures, Dogecoin is positioned for remarkable expansion in 2024. With its ever-growing user b

The SLERF price jumped by 30% in the last 24 hours to trade at $0.7853 as of 4 a.m. EST on trading volume that skyrocketed by 46% to $518.2 million. SLERF burst onto the scene last week after its project developer accidentally burned tokens worth $10 million. Many have praised them for owning up to the mistake and taking steps to resolve the issue in a way most beneficial for the community. Users have also rallied to support the launch of SLERF NFTs. Big shout out to @negentropy_fund and @billywen_ for this 300k donation to support the launch of $SLERF NFTs. https://t.co/HmmxFf9LTw — Slerf (@Slerfsol) March 25, 2024 Others continue to provide artwork to SLERF’s sticker wall for the project to mint after refunds are paid back, the developer said in a tweet. The Solana meme coin has pushed back up to the resistance at $0.85. While SLERF reached as high as $1.37 on March 19, its price has since dropped, only to see a huge recovery. SLERF Price Prognosis Despite the fact that SLE

In the wake of the flagship crypto Bitcoin’s recent new all-time high, the bullish crypto market sentiment has shifted from initially hyped non-fungible token collections to other crypto assets, the memecoins, with several new and old coins pumping 100x or more in a matter of weeks. The crypto market retested the bull run earlier this month and has left the flagship crypto, Bitcoin, reaching new record heights of above 73,000 for the first time in crypto history. Unfortunately, the crypto market craze has left the NFT market underperforming after collectors somewhat shifted attention away from the sector. In this article, we shall assess whether the NFT market will retest revival. NFT Sales Fell 30 Last Week Data fetched by cryptoslam.io, an on-chain market data aggregator, shows that the global non-fungible token market lost traction last week, and its trading sales volume slightly dropped. In the past seven days, the NFT market has amassed a sales volume of $247 million, represent

As the cryptocurrency community awaits the final decision in the courtroom standoff between blockchain company Ripple and the United States Securities and Exchange Commission (SEC), the agency has submitted its opening brief regarding institutional XRP sales. Indeed, in line with the previously published schedule, the SEC submitted, “under seal, its opening remedies-related brief and supporting documents” on March 22, according to an X post shared by legal expert and popular commentator on the case, James K. Filan, on March 23. According to the defense attorney and former federal prosecutor, these documents “are not public yet” and the regulator will file the “public, redacted versions” by March 26, 2024, after which Ripple has to submit its opposition brief by April 22, 2024, and the SEC’s reply is due May 6, 2024. Picks for you How much will Xiaomi's upcoming car cost? 12 mins ago Robert Kiyosaki says he’s buying more Bitcoin in March; Here’s why 1 hour ago