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BRICS De-Dollarization Could Be Serious in 2027 Under China's Chairmanship

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Before the BRICS 2026 summit in New Delhi, India had washed its hands clean of the de-dollarization agenda. High-ranking officials repeatedly made statements saying that India will trade in the US dollar and not abandon the currency. Other members had to toe the line and accept that the summit would not go against the West. However, things could change next year as China will host the BRICS summit in 2027, and the Xi Jinping administration could come up with several de-dollarization initiatives for the bloc. Sergey Ryabkov, Russian Deputy Foreign Minister, said in a press conference that Russia will accept whatever priorities China places on the table at the 19th summit. Also Read: Numerous Countries Expressing Interest in Joining BRICS De-Dollarization Can Take a New Turn at the BRICS 2027 Summit in China Source: FT Montage / Getty Images Russia has been a staunch ally of China, as the country has been with it through thick and thin. From helping it to trade in local currencies to acc...
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Morgan Stanley is loading up on Bitcoin

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As Bitcoin (BTC) added more than $310 billion to its market capitalization over the past 30 days, reaching $1.57 trillion on September 14, Morgan Stanley (NYSE: MS) through its spot exchange-traded fund (ETF), Morgan Stanley Bitcoin Trust (MSBT), has been on a buying spree. MSBT recorded a net cash inflow of $3.76 million on Friday, September 11, according to data from SoSoValue . As such, Morgan Stanley’s Bitcoin ETF has approximately $610.13 million in net assets at the time of writing. MSBT’s daily cash flow. Source: SoSoValue As such, MSBT has registered four consecutive days of cash inflows. Additionally, this BTC ETF has purchased Bitcoin on 11 days of the past 20 days, without any cash outflow, amounting to roughly $62.2 million.  Notably, Morgan Stanley’s MSBT has posted only one day of cash outflow, of $5.26 million on May 29, since inception. In comparison, BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw three consecutive days of cash outflows throug...
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Bitcoin’s 90-day correlation with gold hits nine-year high

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BTC’s 90-day price correlation with gold has reached +0.56, its highest level since most data providers started measuring it in January 2017 and higher than its prior record of +0.5 in November 2020. Meanwhile, the 90-day correlation of BTC with the Nasdaq 100 index slid to roughly +0.30 over the same window, a one-year low. Pearson price correlations range from -1 to +1. Perfect correlation is +1, meaning the assets always affect one another’s price and never decouple in their correlated movements. At 0 or “no” correlation, the assets never affect one another’s price. At -1, the assets move in perfectly opposite directions — one rising and one falling by proportionally consistent amounts. Mathematicians choose a set length of time to determine how correlated their prices are; for example, over the last 90 days. The 90-day correlation of BTC with the Nasdaq 100 index slid to roughly +0.30. At a +0.56 correlation and rising, the narrative ...
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Crypto.com-promoted Tectonic forces Cronos to halt, rewind

The Crypto.com-supported Cronos blockchain had to halt and rewind its history this week to stop an ongoing theft due to the Tectonic protocol that Crypto.com had spent months promoting. Tectonic warned users to pause using its protocol altogether. PeckShield first estimated the value of compromised funds at approximately $74 million. Crypto.com supplied one of the largest retail onramps for Tectonic, this newly compromised protocol that nearly drained tens of millions of dollars from Cronos’ DeFi ecosystem. As fear about the hack has spread, Cronos’ CRO token has lost 6% of its value over the past 24 hours. Kris Marszalek’s Crypto.com exchange proudly offered TONIC purchases through more than 20 fiat currencies. Crypto.com advertised TONIC-denominated Visa card spending at 80 million merchants. It listed TONIC for trading on its main exchange, advertised staking returns of up to 100% per annum, and promoted staking rewards within its Crypto.com DeFi Wallet. ...
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BitcoinIRA, iTrustCapital accused of hiding data breaches

On-chain investigator ZachXBT alleged this morning that BitcoinIRA and iTrustCapital suffered data breaches this year without disclosing the incidents to their customers. ZachXBT claimed that threat actors accessed personal details from the crypto retirement services, such as customers’ portfolio holdings, banking details, custodian details, and verification status. Once he was confident that the breaches occurred, the researcher emailed both platforms on August 21. After three days of no response, he published the alert publicly today. iTrustCapital responded to the allegations via X, writing, “ITrustCapital has not experienced and is not aware of any recent third-party vendor data breaches affecting our platform. “Our multi-step closed-loop system is designed to mitigate losses for clients who may be targeted, phished, scammed or compromised at a personal level.” BitcoiIRA hadn’t responded publicly by publication time. Who are the...
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Aster Price Soars 10% As CZ Buys 2M Tokens, But Whales Open $71 Million In Shorts

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The Aster price surged 10% over the last 24 hours to trade at $1.25 as of 4 a.m. EST on trading volume that exploded 1,190% to $2.6 billion. The ASTER price jumped sharply after Binance co-founder Changpeng Zhao, known by his nickname CZ, made a surprise announcement on social media. “Full disclosure,” he said. ”I just bought some Aster today, using my own money, on Binance. I am not a trader. I buy and hold.” This comment brought huge attention to ASTER, with many seeing it as a huge vote of confidence from one of crypto’s biggest names.​ The price surged 27% as traders rushed to buy. Shortly before the spike, the price was drifting near $0.91, and then went parabolic to a peak of $1.26 in just a few hours. Full disclosure. I just bought some Aster today, using my own money, on @Binance. I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD — CZ 🔶 BNB (@cz_binance) November 2, 2025   The rally was not just f...
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Gold or Bitcoin: Which Is the Real Hedge Against a Falling Dollar?

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The US dollar has lately been experiencing multiple woes, elements that have been shaping its next value trajectory. With the US economic degradation gradually taking place, as well as US trade talks volatility spurring global market fluctuations, in such dramatic times, which will be a better asset to hold in the long run, gold or Bitcoin? Also Read: Bank of America Revises 2025–2026 Gold Price Outlook Gold or Bitcoin: Better Hedge Against Inflation? Source: Bitcoin News Gold has been rallying lately, claiming spectacular price highs throughout the year. The metal has been carving its own price trajectory, with analysts predicting how gold can easily hit the $5000 mark by 2026. “Gold is slowly but steadily grinding higher, allowing miners to catch up. I believe the next impulsive wave could take gold to $5k with little effort…” Gold slowly but steadily grinding higher allowing miners to catch up. I believe, the next impulsive wave could take gold to $5k with little effort… pic.tw...
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Crypto Analyst Says Ethereum-Based Altcoin To Go Much Higher, Updates Outlook on Bitcoin and dogwifhat

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A widely followed cryptocurrency analyst believes one (DeFi) token in the Ethereum (ETH) ecosystem is setting up for a push to higher levels. The analyst pseudonymously known as Credible Crypto tells his 405,200 followers on the social media platform X that the native asset for the stablecoin-focused decentralized exchange Curve DAO (CRV) is “going so much higher” after entities locked a total of 900 million CRV. “That’s nearly one-third of all CRV that will ever exist (3.3 billion maximum supply) and 43% of existing supply. Most will be locked in perpetuity. That means one-third of all the CRV that will ever exist (43% of current total supply) has essentially been ‘burned’ and taken off the market forever.” CRV is trading at $0.281 at time of writing. Turning to Bitcoin (BTC), the widely followed analyst sees the flagship crypto asset witnessing more downside moves. “I don’t think this correction is over yet, but I do...
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Shiba Inu: SHIB’s Game Plan to Burn Billions by Gaming

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Shiba Inu’s recent price metrics have displayed a bearish trend. Investors are keen to explore narratives where SHIB can replicate its historic 2021 price rally, the one in which the token was at its prime to disseminate stellar returns. In this wake, the SHIB ecosystem has launched a new exciting element through which the SHIB burn mechanism can increase its performance. Also Read: Shiba Inu (SHIB) Turns 4: August Price Predictions SHIB To Burn Brighter Than Ever The Shiba Inu Ecosystem has finally launched its beta version of the Shiba Eternity Game. The web3 version of the game is set to play a vital role in determining the future price of SHIB, as it will contribute to the evergreen SHIB burn mechanism. According to Lucie, Shiba Inu’s marketing lead, the game will help burn significant SHIB tokens. She shared how users will be compelled to make transactions within the game using the bone token. Since the game is launched on Shibarium, using BONE tokens will directly help burn ...
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New Cryptocurrency Releases, Listings, & Presales Today – Astroon, Router Protocol, Dai (Fuse)

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The introduction of US Ether spot ETFs has sparked renewed optimism in the market. While the broader cryptocurrency sector has experienced a downturn, some individual tokens show positive trends. New cryptocurrency releases, listings, & presales today are drawing interest for their potential investment opportunities. These emerging tokens are appealing because they offer the possibility of significant returns with relatively low entry costs. InsideBitcoins helps identify these opportunities by providing detailed information on their Features , utilities, and market potential. New Cryptocurrency Releases, Listings, and Presales Today Astroon represents a digital universe that integrates animated content with interactive gaming experiences, all underpinned by blockchain technology. In parallel, Router Protocol is positioning itself as a Layer-1 blockchain that focuses on chain abstraction. Fuse, launched in 2019, also strives to develop a vertically integrated decentralized paymen...
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Bitcoin (BTC): Recovery Amid Bank of England Rate Cuts

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Bitcoin has been recovering since the Bank of England cut interest rates, which also impacted global money markets and digital coins. Also Read: Mt. Gox Bitcoin Creditors Continue to Hodl Distributed Assets bitcoin - btc -amp-crypto-market">Impact of Bank of England Rate Cuts on Bitcoin (BTC) & Crypto Market Source: Computerworld Bank of England ’s Key Move The Bank of England cut rates by 25 basis points, from 5.25% to 5.0%. Investors noticed this change, marking a significant shift in monetary policy. This move helps the economy and manages inflation, at least in theory. How Other Central Banks Might React This action by the Bank of England could sway other central banks worldwide. Many are watching the U.S. Federal Reserve closely. There’s talk about a possible rate cut by the Fed soon. Also Read: Goldman Sachs CEO Says Bitcoin Can Mirror Gold as a ‘Store of Value’ How the Crypto Market Responded Bitcoin’s price rose slightly after the news. It rose by 1000 point...
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Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves

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In the wake of the highly anticipated address by Federal Reserve Chair Jerome Powell, Bitcoin (BTC) maintained a steady course on Wednesday as the Fed opted to keep interest rates unchanged at 5.25%-5.50%.  Crypto Market Awaits Fed’s Next Move Powell, speaking at a press conference in Washington DC, hinted at the possibility of rate reductions in September, contingent upon the economic performance in the weeks leading up to that month. “We’ve made no decisions about future meetings and that includes the September meeting,” Powell stated. “We’re getting closer to the point at which we’ll reduce our policy rate, but we’re not quite at that point yet.” Related Reading This PEPE Holder Cohort Is The Reason Price Is Struggling To...
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