BRICS Slashes US Dollar and Euro Transactions to Below 30%
BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency on Western financial systems. The trend has accelerated due to sanctions […] Powered by...
Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close […] Powered by...
SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit
Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s claim that XRP futures are “security futures” and aims to set a precedent affecting […] Powered by...
RIAA’s Flags Latest Piracy Threats, Sees a Future for AI
The artificial intelligence boom promises progress and innovation but, at the same time, it poses a threat to existing industries. Over the past two years, dozens of lawsuits were filed against technology companies. Most of these amount to copyright infringement complaints, challenging the unauthorized use of protected works as AI training data. The RIAA and its members are also involved in these legal battles. The music group is a...
Flawless IPTV Kingpin’s 11-Year Prison Sentence Upheld at Court of Appeal
In May 2023, five men behind pirate IPTV service Flawless TV were sentenced at Chesterfield Justice Center in the UK. After a five-year investigation involving four territorial police forces, three regional Trading Standards units, plus entities from the private sector, the men were sentenced to over 30 years’ prison on various counts, primarily conspiracy to defraud. Mark Gould, described as the mastermind of the operation, received...
