Trump threatens 100% tariffs on countries that abandon the dollar

Key facts: The candidate reiterates that the dollar must remain the world’s reserve currency. Economists believe that the measure will end up sinking the dollar, rather than benefiting it. Republican presidential candidate Donald Trump is determined to put the brakes on de-dollarization. This is precisely when the dollar’s dominance as the global reserve currency is … Read more

Cryptocurrencies plummet as $700 million exits investment funds

Cryptocurrencies registered a significant drop last week, driven by the outflow of approximately USD 700 million from investment funds, according to data provided by CoinShares. This negative trend is center almost exclusively in the United States, where USD 721 million in outflows were recordedCanada also saw a withdrawal of funds, although to a lesser extent, … Read more

Bitcoin Ahead of US Presidential Debate

Key facts: According to Polymarket, Trump is the favorite candidate. Bitcoin price remains in a “tense calm” around $55,000. One of the key factors that will shape the path for the price of bitcoin (BTC) and the rest of the cryptocurrency market in the coming days is centered on the presidential debate between Kamala Harris … Read more

8 days with money outflows

Key facts: The poor performance of the funds has a direct impact on the price of bitcoin. Since launch, BTC ETFs have accumulated inflows of over USD 16 billion. Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net outflows of more than $167 million last Friday, September 6, surpassing the worst streak since … Read more