Search Results for: Market Dominance

10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

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The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapur,…

VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High

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A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project….

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

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Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not…

Economista y politólogo refutan las afirmaciones sobre la desaparición del dólar estadounidense a pesar de la tendencia a la desdolarización

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Este año, Ha habido una avalancha de noticias y editoriales de opinión que discuten una supuesta tendencia a la desdolarización en medio de una ola de revelaciones asociadas con el bloque BRICS.. En un artículo reciente, el politólogo y autor estadounidense Ian Bremmer insistió…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

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According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries…

Turbulencia extrema del mercado: Los críticos califican la postura de Warren sobre Silvergate como “terriblemente mal informada”,’ SVB colapsa, La liquidación de tokens de Vitalik mueve los mercados, y más: resumen de la semana

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It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, A NOSOTROS. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” Además, A NOSOTROS. Reguladores…

El Hashrate de Litecoin alcanza su máximo histórico, La dificultad sigue su ejemplo

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The blockchain network Litecoin’s computational power reached an all-time high (ATH) el miércoles, Jan. 25, 2023, a la altura del bloque 2,411,048, alcanzando 798.43 terahash por segundo (TE/s). Además, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following…

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

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At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. Como 2022 comes to an…

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Días

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Just over two months or approximately 83 hace días, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market…

El valor bloqueado en Lido aumenta antes de la fusión de Ethereum, Saltos de token LDO 23% más alto en 7 Días

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En ocho días, Ethereum planea someterse a una de las actualizaciones más intensivas desde la bifurcación dura de DAO en 2016, ya que The Merge pretende cambiar la red’s mecanismo de consenso a partir de prueba de trabajo (PoW) a prueba de participación (punto de venta). En medio del período previo a…