Bitcoin News and Finance: What You Need to Know

A Russian official has revealed that regular discussions are being held between Russia and other BRICS member nations regarding the expansion of the economic group. “This requires a thorough analysis and delicate internal work by the five countries to reach a consensus,” according to Russia’s Foreign Ministry. Member Countries Discuss BRICS Expansion Maria Zakharova, the spokeswoman for the Russian Foreign Ministry, stated during a news briefing on Thursday that Russia has been holding regular negotiations with its BRICS partners regarding the group’s possible expansion, local news outlet Tass reported. The BRICS nations comprise Brazil, Russia, India, China, and South Africa. Zakharova explained: The entire range of issues associated with this is being discussed at BRICS sherpas and sous-sherpas meetings, and, of course, this requires a thorough analysis and delicate internal work by the five countries to reach a consensus. The Foreign Ministry’s spokesperson added that while

PRESS RELEASE. Pleasant Grove, Utah – The Mirror Protocol, a trailblazing decentralized finance (DeFi) project, proudly announces the launch of its highly anticipated pre-sale. This state-of-the-art platform empowers users to seamlessly diversify their portfolios with the most sought-after blue-chip cryptocurrencies available today. The pre-sale event showcases an extensive array of The Mirror Protocol tokens, including XRP-MP, ETH-MP, ADA-MP, LINK-MP, and MATIC-MP. These tokens yield rewards in premier crypto coins such as # BTC , # BNB , # ETH , # XRP , # ADA , #LINK, and #MATIC, making it an ideal opportunity for participants eager to capitalize on the impressive DeFi blue-chips dominating the market. Managing Director Roland Aravelo expressed his enthusiasm, stating, “We are thrilled to launch our pre-sale on this groundbreaking dashboard. The Mirror Protocol consistently strives to offer the optimal experience for our participants, and this innovative dashboard enables us to de

A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor of National Currencies The Shanghai Cooperation Organization (SCO) is preparing to move away from the U.S. dollar and switch to settlements in the national currencies of its member states. In an interview with the Belarus 1 state TV channel, the bloc’s Deputy Secretary General Grigory Logvinov stated: A roadmap for the transition to settlements in national currencies is being developed. Also quoted by the Interfax news agency, the Russian diplomat emphasized that efforts in that direction are “serious and substantive.” “The process is far from simple because, unfortunately, the dollar as a world reserve currency is too deeply embedded, including in natio

Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds The Swiss Financial Market Supervisory Authority (Finma) considers insufficient the crisis plans of two of Switzerland’s main banks, Reuters reported. The regulator is not certain if Zürcher Kantonalbank (ZKB) and Postfinance will be manage to continue to operate in case of a crisis. ZKB’s emergency plan is not yet ready to implement as the bank has not reserved sufficient capital for recapitalization while Postfinance “must realign its emergency recapitalization strategy,” Finma stated in an announcement on Wednesday. The two are among the country’s five “systematically important banks,” along with Credit Suisse, UBS, and Raiffeisen. The asse

PRESS RELEASE. Zagreb, Croatia, 28th April 2023, Chainwire AIGameToEarn, an innovative platform combining artificial intelligence and gaming, started the whitelisting signups for its upcoming launch. The list is open to 2,000 lucky individuals, of which 200 spots are reserved for contributors, giveaways, and contest winners. Those who hurry and get whitelisted can purchase two AI NFTs on the mint day and participate in the platform’s $100,000 leaderboard. Making the whitelist is not a prerequisite for enjoying AIGameToEarn. On the contrary, those who miss this chance can still earn rewards by completing quests and participating in the community. The whitelisting process will end on May 15. Here’s how to join the whitelist: Those interested can submit their wallet here . Complete as many quests as possible on the Zealy quest board. This will boost their leaderboard position and their chances of winning a whitelist spot. Stay active in the community. All interested gamers and

A Bank of America (BOFA) commodity strategist has postulated that gold, should it continue to flourish in 2023, could pave the way for a climb to $2,500 per ounce. Presently priced at $1,983 per unit, the precious metal remains just shy of the $2,000 threshold. However, if it were to achieve the projected $2,500 target, its value would need to rise by more than 26% against the U.S. dollar. ‘Non-Commercial Purchases Do Not Need to Increase Materially to Justify Gold Hitting $2,500,’ Says BOFA Commodity Strategist In 2023 thus far, gold has demonstrated admirable performance, with its price soaring by over 19% in the span of six months. The past 30 days, in particular, have seen a noteworthy 1.33% spike in the price of this treasured metal. Furthermore, a recently-released memo from a BOFA commodity strategist opines that, to realize the envisioned $2,500 per ounce milestone, gold need not scale much further in value. “Bottom line: non-commercial purchases do not need to increase m