Analysis Crypto by Thebittimes.Com

Eric Trump says that the United Arab Emirates, as well as other countries in the world, have begun “actively buying” Bitcoin. “If you go to the UAE, to a lot of countries, they are actively putting treasuries into it,” he said in a recent interview. “If you look at Fortune 500 companies, they are actively hoarding Bitcoin… that’s why it’s been as explosive as it is.” JUST IN: Eric Trump says the UAE and many other countries are "actively buying" Bitcoin. pic.twitter.com/oEt2KPEw7f — Watcher.Guru (@WatcherGuru) October 27, 2025 Bitcoin is climbed past $115,000 over the weekend, and now sits at $115,264 at press time. It’s grown over 70% in value in the past year, with several countries and financial institutions investing in the asset. The Bitcoin price jumped following announcements from U.S. Treasury Secretary Scott Bessent, who confirmed substantial progress had been made in U.S.-China trade talks over the weekend. The ...

Everybody wants to replace the US dollar with a new currency, thus, coining the phenomenon ‘multicurrency world’. America’s closest allies in Europe are talking behind closed doors to make the euro the de facto currency. Many leaders from Europe and the European Union (EU) have called on countries to embrace alternative options. The world now seems to be fed up with the greenback as the White House weaponizes the currency. The multicurrency world has many currencies, and various nations are simultaneously trading in it. For example, the Chinese yuan, euro, pound, yen, and rupee, among others, are seeing a surge in settlements. If that wasn’t enough, many others are using cryptocurrencies like Bitcoin and stablecoins such as USDT to settle payments. The US dollar is no longer the de facto currency in a multicurrency world, as there are many other options. However, there is no strong contender against the USD that can take its place in the global sector. If a stron...

The USA no longer seems to be the de facto global capital for investments as BRICS is grabbing a bigger pie of the financial share. Global investors are being defensive on the US dollar’s prospects as the DXY index fell to the 96 range early Thursday. Exposure to the US dollar-based assets has been its lowest since 2005, a recent report from the Bank of America read. BRICS members such as China, India, Brazil, and South Africa are receiving foreign funds from institutional clients, which were the de facto investments in the USA. The goalpost is being moved to the global south where developing countries are reaping the benefits of a weaker dollar. The focus on the Southeast region came after Trump imposed sweeping tariffs on trade this year. Also Read: BRICS Inspires 15 Countries To Use Homegrown Payment System USA Remains Market King But BRICS Aims To Dim the Power Source: fairobserver.com / Vladirina32 / ShutterStock The dollar is still the most potent currency but its power is g...

While Donald Trump continues to work towards bringing dollar supremacy back on the radar, it seems that the world is already looking towards adopting alternatives, especially due to the dollar’s volatile nature and flickering US monetary policies. A new report suggests the growing trend of US dollar weaponization is actually pushing the de-dollarization narrative, with nations searching for alternatives in hopes of stabilizing their economies. Also Read: OKX Europe Expansion With MiCA License: Free Euro Transactions & 300+ Trading Pairs US Dollar Weaponization Grows: What This Means Source: iStock The US dollar is currently the world’s leading transacting currency. The American currency currently enjoys a novel status, known as the reserve currency status. However, since the Cold War era, the US adopted a rather fierce stance by using the dollar as a tool to impose economic sanctions on nations. This move limited the dollar’s role in a worldly realm, touting it as a “problem...