Crypto News
Dollar’s Role Shrinks as 80% of Russian Export Revenues Shift to Non-Toxic Currencies
Russia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a significant shift from Western currencies. Deputy Governor Philipp Gabuniya highlighted this transition, noting that the share of “toxic” currencies — namely the U.S. dollar and euro — droppedSource link
Jim Cramer Champions Crypto — Reveals Why BTC and ETH Belong in Your Portfolio
Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges. Jim Cramer: ‘I’ve Liked Crypto for a Very Long Time’ Jim Cramer, host of CNBC’s Mad Money, defended his support for cryptocurrency on Tuesday, recommending bitcoin and ethereum as portfolioSource link
Ripple’s Stablecoin Near Approval, Launch Countdown Underway
Ripple’s stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar. Ripple’s Game-Changing Stablecoin RLUSD Awaits Final Nod by Regulator Ripple is reportedly close to securing approval for its regulated stablecoin, RLUSD, from the New York Department of Financial Services (NYDFS), according toSource link
‘Point of No Return:’ BRICS Profiles Native Payments System for a ‘Global Majority’
Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and independent payments system. Ryabkov stated that the plans had already been laid out and that states should “run with it.” Russian Deputy Foreign Minister: BRICSSource link
Virtuals Protocol Tokens on Base Skyrocket as AI Agent Demand Grows
Virtuals, a protocol for tokenized AI agents on Ethereum layer-2 Base, saw its token blast into the top 100 this week on surging demand.Source link