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Showing posts with the label japanese yen

5 Currencies That May Take A Major Hit If De-Dollarization Advances

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The phenomenon of de-dollarization is now taking a new turn. With Donald Trump assuming the role as the 47th US president, his stark governance policies that aim to bolster the US dollar might consist of a few offshoots. These so-called “offshoots” can be defined as policies that may ultimately boost the dollar but in the end may end up backfiring, alienating the American currency in the process. If the US dollar wobbles and falls, these 5 currencies might be the first to take a major hit. But before that, why is de-dollarization still advancing at rapid pace? Also Read: Shiba Inu: SHIB Fear & Greed Index Hits 76, To Claim $0.0004: Here’s When Why Is De-Dollarization Still Leveling Up? Source: Watcher Guru The de-dollarization narratives are primarily aimed at ditching the US dollar and removing the status of the dollar as the leading reserve currency. This phenomenon is now catching pace as the world is now pivoting towards a new financial order, called the “multipolar currency na...

eCash Spikes 18% – US Nonfarm Payrolls in Highlights

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Join Our Telegram channel to stay up to date on breaking news coverage Despite the continued slump in the crypto market, the eCash (XEC) coin has been able to extend its upward rally and has attracted some additional bids around the $0.000047 level. eCash (XEC) is rising due to its distinct selling factors, attracting investors in the upcoming months. Furthermore, the team’s efforts to achieve its goal and improved technology and privacy aided the coin’s growth. eCash (XEC) is a rebranded version of Bitcoin Cash ABC (BCHA), a fork of  Bitcoin (BTC)  and  Bitcoin Cash (BCH) . eCash (XEC) is a “cryptocurrency designed to be used similarly to electronic cash.” The sole purpose of eCash is to serve as a medium of exchange for payments for goods and services. The network’s distinct features are the only factor supporting eCash’s continuous bullish run. Because of the team’s dedication to the mission and dependable technology an...