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De-dollarization trends are intensifying right now as wealthy investors and financial institutions are abandoning United States dollar assets. Instead, they are opting for alternative options such as cryptocurrency and gold. This notable shift is happening as major banking giants like UBS report that their ultra-rich clients are actively looking to diversify. They aim to move away from traditional dollar holdings amid ongoing global economic uncertainty. Also Read: De-Dollarization: 13 Nations Find New Chinese Yuan Usage, Shunning US Dollar Why The Wealthy Are Replacing The United States Dollar With Crypto and Gold Source: Watcher Guru Banking Giants Report Shift from Dollar Source: Reuters UBS’s co-head of wealth management for Asia, Amy Lo, stated: “Still, UBS’s rich clients are increasingly shifting away from US-dollar assets, turning to gold, crypto and China. Volatility is definitely here to stay.” The wealthy and affluent investors alike are also prioritizi...

Several markets were seen witnessing a major shift in sentiment. The world’s largest cryptocurrency, Bitcoin (BTC), and Gold were pocketing massive gains. The sudden uptick in the prices of these assets was related to macroeconomic events as well as changes in investor sentiment. Also Read: Goldman Sachs Predicts $3,700 Gold by Year-End Surge A Look Into The BTC Market Source: Watcher Guru The king coin has been struggling in terms of price. Bitcoin managed to rise all the way to a high of $109,114.88 in January 2025. But the asset failed to retain itself above the $100,000 mark. Recently, BTC jumped back above $90,000 after a long stay below this price level. The past 24 hours have been extremely bullish for the king coin as it rose by 2.28%. At the time of writing, BTC was trading at $96,552.21. Earlier today, the asset rose to a high of $97,625.81. Source: CoinMarketCap Bitcoin’s uptick comes around the same time the Federal Open Market Committee wrapped up its two-day me...

BRICS is doing everything to puncture the prospects of the US dollar as the White House is accused of weaponizing the currency. The bloc kick-started the de-dollarization agenda and is now convincing emerging economies to trade in local currencies. The alliance has been successful as many developing countries signed trade deals settling cross-border transactions in native currencies. Also Read: BRICS Divided on US Dollar Replacement Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. If the White House fails to import the dollar, the U.S. could enter a new era of hyperinflation. The US dollar needs to maintain its dominant position in the currency markets to make other countries absorb its deficit. Also Read: BRICS: New Country Rejects Local Currency for Oil, Wants US Dollar BRICS: The US Dollar Losing Its Reliability, Say BMO Analysts Source: beincrypto.com Commodity analysts at BMO Capital Markets wrote that the US dollar is losing its...

Rich Dad Poor Dad Author Robert Kiyosaki has told his millions of followers to buy Bitcoin, gold and silver, arguing that the stock market meltdown he predicted years ago is underway “I warned the biggest stock market crash in history was going to wipe out the financial security of millions of investors,” he said in a post  on X. “That stock market crash arrived today.” Robert Kiyosaki Suggests Investors Turn To “Non-Wall Street” Assets Analysts and experts have speculated that a recession might be looming. Prediction platforms such as Kalshi and Polymarket both put the odds of a 2025 recession at over 60%.  While many experts believe a recession is coming, Kiyosaki is confident the recession has already started. He warned that this recession will “more than likely” also lead to a depression soon. Kiyosaki warned that older investors, considered “baby boomers,” are most at risk because they no longer have time...

Up to this point, 2024 has been rather kind in terms of returns — not to mention the start of the cryptocurrency bull run and the S&P 500 at all-time highs (ATHs), but it is simply the nature of the markets to wax and wane. No uptrend or downtrend lasts forever — and being able to correctly identify that shift is a skill that can net immense profit — or prevent huge losses. It comes as little surprise that investors tend to turn to the experts when it comes to this topic. Although most market analysts are optimistic, one of the most notable dissenting voices is Robert Kiyosaki — author of the bestselling personal finance book ‘Rich Dad Poor Dad’. A noted cryptocurrency and precious metal bull, Kiyosaki has had a slight tone of change recently — now, he expects to see a market-wide crash on a global scale. Picks for you Stellar (XLM) se...

The asset management giant Bitwise has recently predicted an array of new timelines and forecasts concerning the cryptocurrency domain. As the current Web3 domain gears up for meteoric changes, the asset management firm took to X to share some staggering forecasts, going a mile ahead to claim that Bitcoin is poised to trade above $1M by the year 2029. Also Read: $1000 in Dogecoin Today: What Could It Be Worth by 2030? Bitwise Predictions: Bitcoin To Overtake Gold, Coinbase Stock To Trade Above $700 Image Source: Watcher Guru The asset management giant Bitwise has made a series of new predictions, speculating that the cryptocurrency market will undergo a massive change in the coming years. As 2024 approaches its end, Bitwise predicted a series of new events and timelines that have set the speculatory whims to run on turbo mode. According to Bitwise, Bitcoin is poised to trade above $200,000 in 2025. In addition, Bitcoin ETFs are set to attract more momentum and traction next year, invit...

In the face of global economic uncertainty, two assets have captured the attention of investors seeking refuge from inflation, Bitcoin (BTC) and gold. Traditionally, gold has been the preferred inflation hedge, yet Bitcoin, with its capped supply and potential for exponential gains, is fast emerging as a compelling alternative. However, each asset carries distinct risk and reward profiles, fueling ongoing debate over which truly serves as the ultimate inflation hedge. To bring clarity to this debate, Finbold consulted ChatGPT-4o for insights into which asset offers the strongest inflation-hedging potential in today’s complex economic landscape. Picks for you Millionaire investors are buying millions of this cryptocurrency 1 hour ago 2 ways...

Bitcoin ETF inflows have reached incredible levels, and this has happened precisely while a GOLD surge is shattering records. This combination of events points towards a perspective change in safe-haven assets. This will impact investor strategies in 2024. US Spot Bitcoin exchange-traded funds (ETFs) have seen remarkable growth lately, with 420 million net inflows just on Tuesday. This makes it the eighth consecutive day of positive inflows. This shows the increasing investor confidence in crypto-based financial products, and we love it! iShares Bitcoin ETF now over $20bil in assets & taking in a quarter bil on a random Tuesday… *$20bil*. *6mos* after launch. I think we can safely put the “degen retail” narrative to bed. Advisors & inst’l investors clearly showing up to this party. https://t.co/FkkBUlPHQz — Nate Geraci (@NateGeraci) July 17, 2024 Also Read: Bitcoin: BlackRock Says ETFs Will Reach $4T by 2030 Gold Surge: How It Compares to Bitcoin ETF Performance Record-Breaki...

Silver is also experiencing a notable price hike amid the recent gold rush. The metal has finally broken its consolidation phase, embracing bullish momentum and pace.  Silver has long been stuck in a consolidation phase, portraying a reluctant stance on its price threshold. However, with the growing demand and the metal’s prestige growing stronger, the price of silver has finally broken past several resistance levels to reach $27.3 at press time.  Also Read: Currency Wars: Declining USD Bolsters Prospects for Gold and Silver Why is Silver Rising?  Image Source: Unsplash The financial markets around the world are undergoing a dynamic shift. With user sentiment shifting towards accumulating robust metals as a hedge against inflation, the prices of gold and silver are touching new highs.  Silver is up $27 an ounce, while gold price sits at the $2300 threshold. The demand for these metals has grown tremendously as users are now transitioning tow...

The Central Bank s of developing countries are accumulating GOLD to end their reliance on the U.S. dollar. The foreign exchange reserves for the U.S. dollar have sharply fallen by 12% in the last two decades. The U.S. dollar accounted for 71% of all forex transactions in 2003 but dipped to 59% in 2023. In addition, BRICS member China added 21 tonnes of GOLD to its reserves in June 2023. Also Read: U.S. Dollar Could Fall if BRICS Pay in Local Currencies for Oil & Gas China, India, and Russia are on a gold accumulation spree, and the BRICS bloc will be the top buyer of the precious metal in 2023. The development adds pressure on the U.S. dollar as the BRICS are challenging its global supremacy. BRICS: U.S. Dollar Remains King Despite Drop in Central Bank Reserves Source: Pexels While the U.S. dollar experienced a dip in the developing nations’ Central Bank reserves, its usage saw a boost in the global markets. The dollar’s usage held up well in commerce, pr...