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The Ripple SEC plan has taken center stage right now as Chinese company Webus International Limited filed a $300 million digital asset management agreement with regulators. This move comes alongside expert XRP price prediction suggesting potential for massive gains, while XRP news continues highlighting regulatory progress and also market volatility across the cryptocurrency sector at the time of writing. XRP SEC filing document Webus International – Source: SEC.gov Also Read: Ripple Price Prediction: $589 XRP in Focus After 21 EMA Retest Navigating XRP News, Cryptocurrency Regulation, and Market Volatility Amid $300M SEC Filing Source: Watcher.Guru Webus International’s Strategic Ripple SEC Plan Filing Webus International Limited, the Hangzhou-based AI-driven mobility solutions company, filed Form 6-K with the SEC to establish an XRP treasury worth up to $300 million. The Ripple SEC plan represents a significant institutional commitment right now, with the company signing a...

The de-dollarization movement has found a lot of subscribers over the last decade. The BRICS bloc of nations has particularly spearheaded the move away from the US dollar. China is one of the leading countries making a move against the USD. Despite the growing distaste for the USD, there is little chance of other alternatives, at least for the time being. Let’s look at three reasons why the USD will reign supreme for the foreseeable future. Also Read: HEX Rallies 82% In 14 Days: Can It Hit $0.005 Next? 3 Reasons Why The De-Dollarization Movement Will End In Smoke 1. The US Dollar Remains Unrivaled Source: Financial Times Montage As of 2024, the USD accounts for nearly 58% of global foreign exchange reserves. The euro and yuan make up only 20% and 2.7%, respectively. The US dollar is also used for 88% of international transactions via SWIFT. The de-dollarization faced substantial headwinds on this front. 2. US Economic and Military Hegemony Source: military.com / Christopher Camero...

Evidence suggests the Trump administration plans to cut U.S. duties on China by half through recent reports. The current efforts of President Trump to ease trade tensions with Beijing coincide with his willingness to reduce U.S. tariffs on China during this writing period. JUST IN: US tariffs on China will likely be reduced by 50%, WSJ reports. — Watcher.Guru (@WatcherGuru) April 23, 2025 Also Read: BRICS: India Plays ‘Double Game’ With the US Dollar? What Trump’s Tariff Cuts Mean for Trade, Markets, and Investors Source: The New York Times Trump Signals Major Tariff Cuts The Trump administration currently examines different methods for reducing the American trade barrier on Chinese imports, which he imposed in his second term, through possible reductions of 50% to 65%. Ears of political representatives currently explore a plan that duplicates previous House Committee on China recommendations. President Trump said: “But it won’t be zero.” China’s Response ...

Iran’s and China’s oil trade is actually shifting quite rapidly right now as new US sanctions and also OPEC production cuts are reshaping global energy markets. At the time of writing, with China oil imports changing dramatically and also fresh US oil sanctions taking effect, multiple factors are sort of converging that might push oil prices in unexpected directions during May 2025. Also Read: Scope Issues Downgrade Alert as U.S. Dollar Sees Worst Drop in 50 Yrs Iran–China Oil Trade, OPEC Cuts, and Sanctions Driving May Prices Source: Watcher Guru New US Sanctions Target Chinese Importers The Trump administration has just issued new sanctions targeting Iran’s oil exports, including a China-based “teapot” oil refinery. This move comes as oil prices were already showing some upward momentum in recent weeks. Brent crude futures rose 0.5% to $66.19 per barrel, while US West Texas Intermediate crude increased 0.7% to $62.91. Both benchmarks actually settled 2% h...

Bitcoin tumbled 2% as market sentiment plunged following a sharp drop in Nvidia’s stock price during pre-market trading, fueling uncertainty ahead of a closely watched speech by U.S. Federal Reserve Chair Jerome Powell later today. The tech giant had plunged almost 7% as of 4:23 a.m. EST after disclosing that the Trump administration’s decision to ban H20 chip sales to China would cost it $5.5 billion. The crypto market followed Bitcoin’s lead, sliding 3.2% in the past 24 hours to a market capitalization of $2.62 trillion, according to CoinMarketCap. Ethereum and XRP plunged 4% and Solana slid more than 5% as markets turned negative again. Nvidia Anticipates Huge Hit From H20 Chip Ban Nvidia said in an April 15 regulatory filing that it anticipates the massive charge due to significant export restrictions imposed by the US government, which are negatively impacting the company’s business with China. This is unusual: At 2:20 PM, there was an $8 million s...

Despite ongoing de-dollarization efforts instituted by the global south, the US dollar has continued its ascent to start the year, with the development being bad news for the BRICS bloc in 2025. Indeed, key alliance nations like China and India have specifically suffered from the continued strengthening of the greenback. The global economy is now observing whether or not its continued increase in value can continue over the course of the next 12 months. Moreover, with US President-elect Donald Trump’s 100% tariff warning looming, how committed to de-dollarization the BRICS alliance remains to be seen. Source: Getty Images Also Read: BRICS Fail to Challenge US Dollar in 2024: Can They This Year? BRICS Get Harsh Reality in 2025: US Dollar Continues to Strengthen Over the last two years, the BRICS bloc has embraced de-dollarization like never before. With sanctions implemented by the West in 2022, the bloc has sought to challenge the region’s hegemony by embracing trade in loca...

Canada’s Indigenous groups are seeking deals with BRICS member China to bolster their communities’ income. The indigenous communities under the ‘First Nations in Canada’ are seeking deals with China that could give Beijing access to the country’s natural resources. Also Read: BRICS: 28% of Trade Settled in Cryptocurrencies: Deutsche Bank The indigenous groups in Canada are seeking deals with BRICS member China despite warnings from the Canadian Security Services (CSS). The CSS has warned the indigenous communities about conducting business with Xi Jinping’s government. However, Canada’s indigenous groups are not paying heed to the warnings despite being at odds with its national security priorities. The deals from the indigenous groups could give access to BRICS member China’s natural resources in Canada. This week alone, the Canada-China Business Council indigenous trade mission is being held in Beijing. The two groups will discuss potential en...

BRICS members UAE and China settled a cross-border transaction on Monday using the new Digital Dirham sidelining the US dollar. This is the first-ever transaction made directly to China from the UAE using the new mode of payment with the Digital Dirham . The direct trade settlement was initiated by the UAE through the ‘M Bridge’ platform making ways for BRICS to end reliance on the US dollar through digital methods. Also Read: BRICS: Russia Building New Payment System Without U.S. Dollar The UAE Central Bank initiated the Digital Dirham payment to China amounting to Dh500 million, which is equivalent to $136 million. Shaikh Mansour conducted the historic transaction directly to China showcasing the ‘M Bridge’ payment platform. The live trade settlement was also attended by the UAE’s Central Bank officials and graduating students comprising 1,056 Emiratis. The development indicates that the UAE is ushering in a new era of digital payments. Also Read: BRICS Expansio...

The Asian crypto market is thriving. This region is home to 35% of the global crypto workforce. The two most populous nations, India and China, are currently in the lead, followed by Singapore. These three Asian nations roughly employ around 29,400 people out of a total of 65,900. Hong Kong, South Korea, and Indonesia stood right behind, accounting for 5%-10% each. The UAE, Australia, Turkey, and Thailand were at the bottom of the ladder. The remaining countries, together, accounted for 21%. Binance, OKX, and Crypto.com emerged as the top employing organizations. Collectively, their workforce consisted of around 8,300 Asian employees. Source: K33 Research Also Read: India: BlackRock, Jio to Launch Digital Asset Venture Making a Case for Singapore Several nations from the list are deemed to be crypto hubs in the global economy. Take the example of Singapore. Right from Ripple to Crypto.com, a host of prominent companies have been receiving licenses from the Monetary Autho...

The U.S. sanctions pressed against Russia are helping India and other developing countries to purchase crude oil at discounted prices. The Biden administration sanctioned Russia for invading and waging war against its neighboring country Ukraine. The sanctions stop other countries from conducting business with Russia in a move to disable its local economy. Other countries are not allowed to settle payments with Russia using the U.S. dollar for cross-border transactions. The recent oil deal was carried out between Russia, China, and India, which are part of the BRICS alliance. Also Read: BRICS: 130 Countries Move Towards CBDC Currency, US Dollar in Jeopardy However, despite the sanctions, Russia is laundering crude oil to China and Saudi Arabia by accepting the Chinese Yuan as payment. Saudi Arabia and China are laundering Russian crude oil to other countries at discounted prices due to the sanctions. The reliance on the U.S. dollar is eliminated in these transactions making it cheap...

Google Trends data reveals that even though AI is the talk of the town, it still pales in comparison to Bitcoin in 2017. In China, it's a completely different story. Global search interest for the term “AI” has reached a new all -time high on Google, though it’s yet to hold a candle to Bitcoin (BTC) peak mania in 2017, data has revealed. Artificial intelligence has dominated headlines over the past few months, with some suggesting that it’s the latest “tech fad” after crypto and the Metaverse. Most recently, OpenAI executives warned in a May 23 blog post that within the next ten years, AI will exceed expert skill level in “most domains” and be as productive as “one of today’s largest corporations.” However while global and United States search interest for AI has reached a fever pitch — clocking in at 89 on Google Trends, it is still shy of Bitcoin’s peak search interest of 100 in December 2017 when Bitcoin was nearing its then-high of $20,000. Comparing search trends for buzz wo...