Ethereum News Official TheBitTimes.com

A total of three countries, Russia, China, and India, have officially achieved 90% to 95% de-dollarization in 2025. The development is reshaping global trade dynamics as China and India are the economic powerhouses of the East. This puts significant pressure on the US dollar, which is struggling to maintain trust in the international markets. Russian Deputy Prime Minister Alexander Novak confirmed that the country is being successful in de-dollarization. He revealed during an interview that Russia has transitioned 90%–95% of its trade settlements with China and India into national currencies. “The market itself meets the need for settlements in national currencies. For example, with our friends from China and India, we have already switched to national currencies by 90–95%,” said Novak during an interview with Solovyov Live TV channel. He explained that Russia will continue the de-dollarization process and put a significant strain on the US dollar. The Russian Deputy Minist...

Canada’s British Columbia will stop accepting new connection requests from new crypto mining projects to its clean and renewable energy infrastructure. An Oct. 20 statement , the province said there will be a “permanent ban on new BC Hydro connections to the electricity grid” for crypto miners that will come into effect later this year. That follows an 18-month ban that was rolled out back in December 2022. This was done so that the government could take the time to develop a permanent framework that balances the needs of crypto miners, residents and businesses in the region. In the announcement, the British Columbia government also said that the crypto mining sector’s “disproportionate energy consumption” offers “limited economic benefit.” That’s as pending crypto projects would have demanded more than 11,700 gigawatt-hours of power each year, which is enough electricity to supply hundreds of thousands of homes across British C...

XRP price prediction models are pointing to a dramatic wealth-creation opportunity within the next 60 days, according to recent analyst forecasts. The XRP price prediction surge is being driven by the token’s deflationary supply mechanism and growing IoT adoption, which could push prices to millionaire-making levels for current holders. Deflationary Supply and IoT Adoption Boost XRP Price Prediction Chart showing XRP oversold conditions with millionaire timeline forecast – Source: X XRP’s Unique Deflationary Model XRP deflationary supply works differently from other cryptocurrencies because the token cannot be mined. Crypto analyst SMQKE explained the significance of this structure, stating: “XRP token cannot be mined and its quantity will constantly decrease, and everything that exists in a limited amount and is actively used is becoming more expensive, therefore, with the growth of the network, the XRP price will increase significantly.” XRP = Deflationar...

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Rare earth materials are now a critical mineral for industries, and demand in the US remains high. According to the latest report from the International Energy Agency, BRICS member China controls 61% of the mined rare earth minerals. The Communist country also controls 92% of the global supply output in the processing stage. The Xi Jinping administration can make or break trade deals by leveraging the minerals sector to its advantage. The General Administration of Customs of China reported that the BRICS nations’ rare earth minerals supply has risen by 12.6% between January and September 2025. It has risen by over 48,350 tonnes year-on-year in the first nine months of the year. However, BRICS member China is cracking the whip on supplies of the rare earth materials. The Xi Jinping administration is very selective about the supplies and is exporting to countries that cower to its policies. In value terms, supplies fell by 7.8% to $342.3 million, according to the recent figures rele...

A hacker who stole 400 bitcoins (BTC) from a Coinbase user has panic-sold their ether (ETH) holdings during today’s crypto crash, losing over $4.5 million in the process. The price of ETH fell by 8.8% in the past 24 hours while BTC fell to $103,850, a 24-hour decrease of 6.2%. Overall, over $100 billion was wiped from crypto’s global market cap.  According to crypto analyst account Lookonchain, which has been tracking the hacker’s movements, the price swing spooked the thief into selling 8,638 ETH (worth $32.5 million at the time). The hacker originally purchased 9,240 ETH worth $39.5 million last Tuesday while the asset was worth $4,269. However, they sold it when it worth $3,775, leaving them to deal with a $4.5 million loss.  The market crash spooked the hacker into panic-selling 9,240 $ETH($34.88M) at $3,775, taking a $4.56M loss! Looks like this hacker isn't much of a trader — always buying high and selling low.https://t.co/6uvosrsGZC pic...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Warnings about a JP Morgan UK slowdown have emerged as Britain’s economy faces mounting pressure, and at the same time, something bigger is happening on a global scale. De-dollarization explodes globally right now, with dollar reserves falling to a two-decade low that’s catching everyone’s attention. Bank of England policymaker Alan Taylor warned the UK risks what he calls a “bumpy landing” with prolonged economic weakness ahead. Meanwhile, the latest Analysis from JP Morgan on de-dollarization shows dollar reserves dropped below 60 percent of global holdings, which is actually the lowest level since 1994. The forecast from JP Morgan about the dollar predicts gold could reach $5,000 per ounce by mid-2026 as these trends around de-dollarization in 2025 accelerate and central banks diversify away from U.S. currency dependence. Also Read: JP Morgan: Rising Risks Signal Change, Not Collapse for the US Dollar Understanding JP Morgan UK Slowdown, Dollar Forecast...

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