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Report: @DeutscheBank building it's own
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Christian Sewing, Do you happen to have a pet? What's its name? 😶
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🇷🇺 Russia slams U.S. threat diplomacy as BRICS steps up efforts to move beyond the dollar. Deputy FM Sergey Ryabkov calls U.S. policies "flawed" and warns: Washington’s actions, not BRICS, are eroding dollar dominance. 💵 With $BRICS nations exploring alternatives, Trump’s 100% tariff threats could disrupt global trade, hike prices for U.S. consumers, and push countries to accelerate dollar-free systems. 🌍 From Malaysia to South Africa, the fallout could ripple through key industries like semiconductors, fueling inflation and forcing the Fed to rethink its next moves. 📉 Is the dollar’s dominance in real jeopardy?
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🌍💥 BRICS is making waves! The expanded bloc—Brazil 🇧🇷, Russia 🇷🇺, India 🇮🇳, China 🇨🇳, South Africa 🇿🇦, plus new members like Saudi Arabia 🇸🇦 and Iran 🇮🇷—is pushing for a game-changing payment system. Russian Deputy FM Sergey Ryabkov confirmed this plan is “not hypothetical.” The goal? Build a parallel financial circuit to reduce reliance on the U.S. dollar and shield economies from its volatility. With local currency trade, clearing systems, and transaction insurance in the works, BRICS is laying the foundation for a global shift. Ryabkov calls it a "real alternative" that’s progressing fast. Could this reshape the future of international trade and finance?
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🚀 2025: The Year of Crypto Revolution? 🇺🇸💰 U.S. Senator @CynthiaMLummis is bullish on bitcoin’s future, calling 2025 the year for digital assets. She’s pushing for sweeping laws, a strategic $BTC reserve, and says the next administration will be “the most pro-digital asset ever.” 🔑 President-elect Donald Trump’s pick of David Sacks as “Crypto Czar” signals a seismic shift in U.S. crypto policy. With Sacks’ balanced regulatory vision and Lummis’ legislative drive, the stage is set for clear rules and bold adoption. Are we on the verge of a crypto-first economy? 🌐
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Bitcoin drops below $100K, hitting $99,997 briefly 📉. Meme coins take a nosedive, with PNUT down 19.24%. Market sees $671M in liquidations 🚨. - Bitcoin slides to $99,997 before rebounding. - Meme coins like PNUT and POPCAT hit hardest, falling over 18%. - $671M in liquidations shake up crypto derivatives markets.
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