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BRICS member China’s new payment system, Chartered Institute of Procurement & Supply (CIPS), has processed over 175 trillion Chinese yuan payments (equivalent to $24 trillion), according to the latest report from The Economist. Worldwide, over 1,700 banks facilitated the payments as the transactions rose faster than ever in 2024, up by 43% from the previous year. Banks from around the world, including from Turkey, Mauritius, and the BRICS member UAE, facilitated the Chinese yuan payments via CIPS. China recently expanded the CIPS services to Africa and the Middle East, gaining a hold in the markets. All of these are mostly operated by Chinese institutions covering payments in over 33 market sectors. Also Read: China Invests $10B in South Africa, Launching BRICS “Silicon Valley” BRICS: China Powers the Chinese Yuan via CIPS Payments Source: iStock CIPS is a large-scale payment infrastructure primarily for clearing and settling cross-border Chinese yuan payments for banks and financ...

Bitcoin (BTC) was trading around $115,000 on Friday, September 12, as investor sentiment improved and the global crypto market topped $4 trillion in market capitalization.  Daily trading volume also rose more than 5% to $54.13 billion, fueled by steady institutional inflows and greater liquidity, both of which signalled renewed confidence among short-term traders and long-term holders alike. With a volume-to-market-cap ratio of 2.36%, the so-called digital gold remains dominant in the market, its future outlook remaining bullish on multiple grounds. The question is: just how high  can Bitcoin go this year and by the end of the decade? To shed light on these projections, Finbold examined forecasts from leading voices in the crypto market for the flagship digital asset over the next four years. Bitcoin price prediction 2026 At the time of writing, Bitcoin was trading at $115,090, up nearly 1% on the daily chart and seemingly well positioned for growth fr...

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The recent surge in upside liquidity appears to suggest that Bitcoin (BTC) might be up for another monster short squeeze. At the time of writing, the cryptocurrency is trading at over $113,934, with nearly $16 billion in leveraged short positions across Binance, Bybit, and OKX exposed, according to the latest data from CoinGlass retrieved on September 11.  That is, the liquidation heatmap reveals a dense short liquidation zone above more or less $115,000, as well as long liquidations building around $112,000. The chart below highlights the areas with the highest concentration of leveraged positions, the rising green curve on the right indicating the short liquidation leverage and showing where traders are most likely to be wiped out. BTC exchange liquidation map. Source: CoinGlass As the data over the last 30 days visible on the chart suggests, if Bitcoin’s price continues to climb above the current level, shorts could be forced to unwind rapidly in the $11...

Technical indicators suggest that Bitcoin’s (BTC) short-term momentum may be sustaining, with the potential to target a new record high in the coming weeks. Specifically, Bitcoin has formed a Moving Average Convergence Divergence (MACD) golden cross below the zero line, a setup that has historically preceded strong upside moves, according to pseudonymous cryptocurrency analyst BitBull in a September 10 X post. Bitcoin price analysis chart. Source: BitBull The analyst noted that the last time this pattern appeared, in April, Bitcoin rallied nearly 42% within a month and secured a new all-time high. A similar setup is now forming, suggesting that history may be repeating itself. Bitcoin next price target to watch  The projection zone points to a potential surge toward $125,000 if momentum strengthens. Two scenarios are outlined: either an immediate breakout to the target or a brief pullback toward $117,000 before continuation higher.  Notably, a MAC...

Brazil’s President Lula da Silva convened a virtual meeting with BRICS leaders on Monday. The leaders from the 10-member alliance attended the online discussion in a show of strength. Only India’s Prime Minister Narendra Modi skipped the meet, but it was attended by Foreign Minister S Jaishankar instead. The bloc took a defiant stand against Trump’s tariffs and trade wars in an effort to safeguard its respective economies. In this article, we will highlight the key takeaways from the BRICS virtual meet. Also Read: BRICS Anti-America Strains Rise as JP Morgan Predicts US Dollar Future BRICS Virtual Meet: Key Takeaways Source: brics.tv The BRICS group criticized Trump’s trade policies, but they appeared leery of exacerbating the situation. While they assembled to exercise caution on trade, they steered clear of enraging the ‘America First’ leader. S Jaishankar maintained a balancing act, saying “Increasing barriers and complicating transactions will no...

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 ...

World Liberty Financial surged 28% to top gainers after a whale bought $2.8 million worth of WLFI from Binance despite controversy over blacklisted addresses tied to TRON’s Justin Sun.  Following that strong 24-hour performance, WLFI trades at $0.2348 as of 1:02 a.m. EST, data from CoinMarketCap shows.  WLFI price chart (Source: CoinMarketCap)  Whale Buys WLFI From Binance Amid Wallet Blacklisting Controversy WLFI’s surge comes after a whale withdrew $2.84 million worth of tokens from Binance, the largest crypto exchange by 24-hour volume.  According to on-chain data from Arkham Intelligence that was cited by on-chain analytics platform Lookonchain in an X post earlier today, the whale acquired 13 million tokens in the last few hours. A newly created wallet withdrew 13M $WLFI($2.84M) from #Binance 8 hours ago.https://t.co/tBfJoSAQaC pic.twitter.com/YrJBeVAUTg — Lookonchain (@lookonchain) September 7, 2025 Lookonchain also said that t...

US unemployment rates rose in August 2025 to 4.3%, their highest levels since October 2021. Only 22,000 new jobs were added to the economy last month, far below forecasts. Indeed, economists had expected the report to show 75,000 jobs were created in August, with the unemployment rate forecast to rise to 4.3%, according to data from Bloomberg. JUST IN: US unemployment rate rises to 4.3%, highest since October 2021. — Watcher.Guru (@WatcherGuru) September 5, 2025 Another Disappointing US Jobs Report Over the past three months, the US economy has created fewer than 30,000 new jobs, on average. The decline led to US President Donald Trump firing the Commissioner of the Bureau of Labor Statistics in July. Diving deeper into the latest statistics, average hourly earnings rose 0.3% over the past month and 3.7% over the prior year in August. Wall Street expected hourly earnings to have increased 0.3% over the prior month and 3.7% over last year. “August’s Employment Report c...

Victoria, Seychelles, September 5, 2025 — MEXC, a leading global cryptocurrency exchange, today officially announced the launch of the LINEA Launchpad . The event offers a 50% subscription discount for new users, along with a total prize pool of 6,800,000 LINEA and 10,000 USDT. Linea is a Layer 2 network built from first principles to strengthen Ethereum and the entire ETH economy. Developed by the core team at ConsenSys, the company behind MetaMask, Linea benefits from strong backing by key Ethereum figures, including co-founder Joseph Lubin. According to the latest data from DefiLlama, Linea’s decentralized finance (DeFi) total value locked (TVL) surpassed $1 billion. LINEA is the native token of Linea, designed to support the platform’s ecosystem and user incentives. The project unveiled a total supply of 72 billion tokens. Event Details Event Period: September 5, 2025, 03:00 (UTC) – September 10, 2025, 15:00 (UTC) 1. Subscribe With USDT to Share 5...