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President Trump threatens 100% tariffs and permanent breakup for Putin’s BRICS if they dethrone US dollar
President-elect Donald Trump has issued a direct threat to the BRICS countries, telling them to back off from any plans to create a new currency. If they don’t, Trump says he’ll slap a brutal 100% tariff on their goods and cut them out of the US market for good. The warning comes as BRICS, led […]Cryptopolitan
Nov 30, 2024
Robert Kiyosaki warns that Bitcoin at $100,000 will be reserved for the ultra-rich
Robert Kiyosaki, like many others, predicts Bitcoin will soon exceed $100,000 and warns that only the ultra-rich will be able to own it as its value rises. He promotes Bitcoin as a safe investment, alongside gold and silver, and advises against saving cash in traditional ways. Robert Kiyosaki believes that saving money the old way […]Cryptopolitan
Nov 30, 2024
Russia’s economy might’ve never been as strong as it looked
Russia’s economy is wobbling under a mountain of pressure, and the cracks are becoming harder to hide. This week, the ruble plunged to 114 against the dollar, its weakest since the chaotic days following Moscow’s invasion of Ukraine in 2022. The timing couldn’t be worse for President Vlad Putin, whose forces are still bombing Ukrainian […]Cryptopolitan
Nov 30, 2024
Global markets headed for a December cooldown after Trump-driven rally
November sent global markets into overdrive after Donald Trump clinched the U.S. presidential election on the 5th. Wall Street lit up, the dollar flexed its muscles, and Bitcoin charged ahead like it had something to prove. And prove, it did. But not everyone got a piece of the pie. While U.S. assets soaked up investor […]Cryptopolitan
Nov 30, 2024
AI will propel Tesla to $2 trillion, Wall Street analyst says
Artificial intelligence (AI) technology will propel Tesla to $2 trillion in the next few months, according to Wall Street analyst Dan Ives. Ives, who works at Wedbush Securities, highlighted that automobile and technology company’s share could experience a major boost due to its foray into the technology. Aside from AI, Tesla has also been majoring […]Cryptopolitan
Nov 30, 2024
Bank of England flags global economic threats from rising trade barriers
The Bank of England (BoE) has warned that escalating trade barriers are a ticking time bomb for the global economy. The central bank’s latest financial stability report didn’t hold back, detailing how higher restrictions on international trade are shaking up economic growth and creating massive uncertainty around inflation. It’s a cocktail of risks that’s already […]Cryptopolitan
Nov 30, 2024
JPMorgan predicts ECB will cut Eurozone rates by half a point in December
JPMorgan has shaken the markets with a revised bet for the European Central Bank (ECB) to cut interest rates by half a percentage point next month. The banking giant, originally expecting the move in January, now believes December will be the tipping point for a larger rate cut. Their reasoning? “Economic data is unraveling faster […]Cryptopolitan
Nov 30, 2024
Wall Street outshines global rivals yet again as U.S. stocks keep surging
Wall Street crushed it this week. While European and Asian markets barely managed to tread water, U.S. stocks were off breaking records like they didn’t get the memo about inflation and tariffs. The S&P 500 gained 1.1% during a week where half of Wall Street was on holiday and Trump’s latest trade threats were making […]Cryptopolitan
Nov 30, 2024
US spot Ether ETFs see record daily inflow at $332 million
United States spot Ether ETFs recorded an increase in daily inflows on November 29. According to data from Farside, the $332 million figure surpasses the previous inflow record of $295 million set on November 11. Much of the credit can be directed towards BlackRock’s iShares Ethereum Trust, accounting for about $250 million of the total […]Cryptopolitan
Nov 30, 2024
Janet Yellen killed Meta’s Libra project, David Marcus alleges
Former PayPal president and head of Meta’s defunct Libra project, David Marcus has shed light on the unfortunate incident surrounding the project. Marcus took to microblogging platform X to reveal that Treasury Secretary Janet Yellen was indirectly involved in the project’s death. The former PayPal president decided to clear the air on the issue after […]Cryptopolitan
Nov 30, 2024
