Wheat for Cars, Seeds for Materials: Russia Revives Barter Amidst Crippling Sanctions
While still small compared with other alternative payment methods, barter has been revived in Russia to circumvent Western sanctions and mitigate risks to payment agents. Several such operations were identified, including exchanges of Chinese cars for Russian grain and flax seeds for raw materials. Russia Returns to Barter Trade to Counter Crippling Western Sanctions Russia, […] Powered by...
Korean Court Sentences Accomplices in V Global Crypto Fraud to Suspended Prison Terms
A South Korean court has given suspended prison sentences to three individuals involved in the V Global cryptocurrency fraud. Suspended Jail Sentences for Accomplices in V Global Scam A South Korean court has sentenced three individuals linked to the fake cryptocurrency exchange V Global—accused of defrauding approximately 50,000 victims out of $1.44 billion—to suspended prison […] Powered by...
Gold Rallies to Another All-Time High
The precious metal has moved within striking distance of $3,700, but Goldman Sachs says even $5,000 is possible if Trump wins his tug-of-war with the Fed. Gold Prices Notch Another Historic High Gold climbed above $3,685 per ounce on Monday afternoon, a new all-time high, just days after topping 3,674 per ounce last Tuesday, according […] Powered by...
Latam Insights Encore: Schrödinger’s Bitcoin Purchases? El Salvador Should Issue Clarification
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the mystery of El Salvador’s alleged bitcoin purchases and why the government is due to issue an official clarification. Latam Insights Encore: El Salvador’s Bitcoin Purchases Are Still a […] Powered by...
BTC Boom or Bust? Derive Insights Predicts $200K Top, Warns of $90K Crash
Bitcoin could rally to $140K by year-end and hit $250K with sustained institutional flows, according to Derive Insights. Key Factors Fueling the Bitcoin Rally The bull run is “well and truly underway,” with bitcoin ( BTC) potentially rallying to $140,000 by year-end and a “conservative” cycle top of $200,000, according to the latest bull-run predictions […] Powered by...
