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How Many Years Until the Dollar Loses Its Strength?

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The US dollar was once considered the pinnacle of finance. The currency was perfect in each way; whether it’s about delivering liquidity or commanding the world at its own pace, the USD was best at what it did. As a global reserve asset, the dollar was unbeatable. However, with time, as forces demanding de-dollarization gained momentum, the currency has been made to encountered troubled waters. Moreover, the recent policy shifts and leadership overhauls have weakened the dollar further, making the currency lose its dominance streak. With a new multipolar world rising rapidly, the US dollar is not only on the brink of collapse but is also staring wide-eyed towards other major currencies that have now started to challenge the USD actively. Will we witness the fall of the US dollar in our lifetime? Let’s find out. Also Read: Revolt Against US Dollar: ASEAN Countries QR Code Payment Gains Steam How Many Years Are Left Till the Dollar Loses Its Crown? Source: Reuters The dollar c...

Why Bitcoin is set to surge past $130,000 in January 2025

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A cryptocurrency trading analyst has projected that January 2025 might be the moment when Bitcoin (BTC) clinches a new historical high. This projection follows Bitcoin’s ongoing rally that has placed the asset on the cusp of reclaiming the crucial $70,000 resistance.  Alan Santana, rather than settling for conservative targets of $130,000, suggested that Bitcoin could reach the $155,000 to $200,000 range by early 2025, according to an Analysis shared in a TradingView post on October 19.  The expert envisioned two possible trajectories for Bitcoin’s future. In one scenario, Bitcoin could experience an early blow-off top, with a rapid bullish surge peaking around April or May 2025. However, this is considered less likely due to the speed such a rally would require.  Picks for you What's next for BTC amid Euro...

Federal Reserve Could See a Million Jobs Vanish in Downward Revision

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The Federal Reserve could be set to see as many as a million US jobs completely vanish in what would be the largest downward revision in 15 years. Indeed, a Bloomberg report notes that job growth through March was far less robust than initially estimated,” preceding the potential revision. The Federal Reserve faces concerns that it is behind the curve in curing interest rates. Currently, they are slated to cut the 23-year high rates at their September meeting. Yet, the revised employment data would be a concerning development. Specifically, questioning the Fed’s approach to this point. JUST IN: Feds face "up to a million" US jobs "vanishing" in potentially the largest downward revision in 15 years, Bloomberg reports. — Watcher.Guru (@WatcherGuru) August 20, 2024 Also Read: Federal Reserve Leaves Interest Rates Unchanged in July 2024 Fed Faces Largest Downward Revision to US Jobs Data in 15 Years Source: Brookings Institute There is no denying the fragility of the c...