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RICS member India remains skeptical of a common BRICS currency citing risks of alienating global trade ties with the US. Leading import and export businesses in India and those stationed in the US want to keep the US dollar intact. Indian businesses are now cautious in embracing a common currency as it risks disrupting the normal flow of commerce. Also Read: 23 Countries Show Interest To Join BRICS in 2025 The evolving framework of the BRICS alliance is moving towards the formation of a new common currency for trade. It challenges the global economic system but the push towards a common currency is usually made by China and Russia. Indian businesses are concerned that a common BRICS currency gives power to China and make its economy influential. Also Read: BRICS: 2 Countries Settle $37 Billion Trade in Local Currencies BRICS: India Disinterested in Common Currency, Wants the US Dollar Source: Freepik.com Businesses in India need the US dollar to survive as the currency provides securit...

The start of March finally brought meme coins fully into the ongoing cryptocurrency bull market as they accounted for 5 out of 7 of the biggest weekly gainers.  While the more recognizable – and mostly dog-themed – cryptocurrencies and last year’s arrival and biggest mover at the time – Pepe (PEPE) – took the bulk of the attention, a lesser-known meme coin on the Solana (SOL) blockchain was responsible for some of the rally’s most impressive new million aires. On November 30, 2023 – near the launch of the meme coin – one crypto trader bought 5.1 million Dogwifhat (WIF) for $1,749 and has held it since. WIF’s staggering rise – in total amounting to more than 1,200% – means that the trader has successfully turned the $1,749 investment into a staggering $11.2 million. Picks for you Machine algorithm predicts FLOKI price for March 31, 2024 30 mins ago This AI token is being called the Nvidia of crypto 2 hours ago ...

With the advancement of technology, analysts have various methods to determine which cryptocurrency has the potential to increase in value. Traders and investors worldwide have asked ChatGPT to predict which cryptocurrency will reach new heights and which will reach a specific value first. To fulfill this demand, we asked ChatGPT to determine whether Tradecurve, Shiba Inu, or Chiliz would first reach the $1 mark. >>Buy TCRV tokens now<< ChatGPT’s outlook for Shiba Inu First, we asked the AI-driven chatbot ChatGPT to tell us the future of Shiba Inu. It noted how the future is bullish and that some analysts predict that its value can reach an average price of $0.00001038 by the end of the year. You might also like: Stacks up over 40%, ethereum is on an upward trajectory, tradecurve is up 80% The reasons for this optimistic outlook include the following: An optimistic outlook for meme coins Extensive development within the Shiba Inu ecosystem The overall...

Ether traders have been neutral-to-bearish for the past week, indicating little confidence in ETH breaking above $2,000. The Ether (ETH) price has held above $1,820 for the past three weeks, despite facing a 13.7% correction between April 18-21. Still, analyzing a broader time frame provides a more constructive view, as ETH gained 20.8% in three months while the S&P 500 stock market index stood flat. However, according to ETH options and futures metrics, the gains were not enough to make professional investors bullish. Worsening macroeconomic conditions have driven cryptocurrencies’ positive momentum in 2023, including the ongoing banking crisis. According to Arthur Hayes, former CEO of crypto derivatives exchange BitMEX, if the government refuses to bail out First Republic Bank, it could set off a dangerous chain reaction of insolvencies. Recession risks increased after the U.S. economy grew at a modest 1.1% annualized pace in the first quarter, well below the 2% expected. Meanwh...