🚀 Ray Dalio Recommends Allocating 15% of Funds to Gold or Bitcoin
#RayDalio #investment #gold #Bitcoin #hedging #fiatcurrency #devaluation #BTC
According to Foresight News, Ray Dalio, the founder of Bridgewater Associates, has advised allocating 15% of investment funds to gold or Bitcoin. This recommendation is aimed at hedging against the risk of fiat currency devaluation.#RayDalio #investment #gold #Bitcoin #hedging #fiatcurrency #devaluation #BTC
🚀 XUSD Experiences Significant Devaluation
#XUSD #StakedStreamUSD #Devaluation #CoinGecko #Cryptocurrency #ForesightNews #CryptoMarket
According to Foresight News, CoinGecko data indicates that XUSD (Staked Stream USD) is currently experiencing a devaluation, having dropped approximately 27.2% over the past 24 hours.#XUSD #StakedStreamUSD #Devaluation #CoinGecko #Cryptocurrency #ForesightNews #CryptoMarket
🚀 Elixir deUSD Experiences Significant Devaluation
#Elixir #deUSD #Devaluation #CMC #USDT #ForesightNews #Cryptocurrency #MarketDecline
According to Foresight News, data from CMC indicates that Elixir deUSD has significantly devalued, dropping to 0.14 USDT. This marks a 24-hour decline of 85.35%.#Elixir #deUSD #Devaluation #CMC #USDT #ForesightNews #Cryptocurrency #MarketDecline
🚀 Saga Attackers Begin Moving Stolen Funds
#Saga #Attackers #StolenFunds #TornadoCash #Blockchain #Security #Crypto #Stablecoin #Loss #Devaluation #BlockchainAttack #SAGA
On January 24, it was reported that the attackers of Saga have started transferring approximately $6.2 million in stolen funds. According to BlockBeats, the stolen assets were initially distributed across five wallet addresses before being moved to Tornado Cash.
Previously, Saga suffered a $7 million loss due to an attack, leading to a suspension of its on-chain operations. The stablecoin associated with Saga also experienced a devaluation, dropping to $0.75.#Saga #Attackers #StolenFunds #TornadoCash #Blockchain #Security #Crypto #Stablecoin #Loss #Devaluation #BlockchainAttack #SAGA
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🚀 Dollar Declines Amid Renewed Devaluation Concerns
#Dollar #Devaluation #Forex #USDTreasury #CurrencyMarket #ExchangeRate #Finance #Investment #HedgeFund
The dollar's exchange rate fell during Thursday's Asian trading session, halting its rebound from Wednesday. According to ChainCatcher, concerns over a potential devaluation of the dollar have resurfaced, overshadowing U.S. Treasury Secretary Besant's reaffirmation of a strong dollar policy. Damien Loh, Chief Investment Officer at hedge fund Ensemble Capital, noted that Besant employed 'strategic ambiguity' when discussing the dollar, aiming to temper market expectations of a comprehensive weak dollar policy.#Dollar #Devaluation #Forex #USDTreasury #CurrencyMarket #ExchangeRate #Finance #Investment #HedgeFund
🚀 Egypt's Pound Experiences Significant Single-Day Decline Amid Regional Turmoil
#EgyptPound #CurrencyDecline #EconomicImpact #MiddleEastInstability #IranWar #RegionalTurmoil #Volatility #Bloomberg #EgyptEconomy #Devaluation
Egypt's currency, the pound, has experienced its largest single-day drop since a devaluation two years ago. Bloomberg posted on X, highlighting the ongoing impact of regional instability, particularly the Iran war, on the Middle East's most populous nation. The economic repercussions of the conflict continue to affect Egypt, contributing to the currency's volatility.#EgyptPound #CurrencyDecline #EconomicImpact #MiddleEastInstability #IranWar #RegionalTurmoil #Volatility #Bloomberg #EgyptEconomy #Devaluation
🚀 Resolv Labs' USR Stablecoin Plummets Over 74% Following Security Breach
#ResolvLabs #USRStablecoin #SecurityBreach #Cryptocurrency #Devaluation #TokenMinting #NS3AI #CollaterallessTokens #StablecoinCrash #Redemption #CryptoNews
Resolv Labs' USR stablecoin experienced a significant devaluation, losing its peg to the U.S. dollar and dropping by more than 74%. According to NS3.AI, this decline occurred after an attacker minted 80 million uncollateralized tokens, extracting approximately $25 million in value. In response, Resolv Labs announced that it has burned about $9 million in USR and halted all protocol functions. The company is also preparing to facilitate redemptions for pre-incident USR, initially focusing on allowlisted users.#ResolvLabs #USRStablecoin #SecurityBreach #Cryptocurrency #Devaluation #TokenMinting #NS3AI #CollaterallessTokens #StablecoinCrash #Redemption #CryptoNews