Move aside AMDK Bitcoin…Emperor Xi new Digital RMB is coming to u and me…Kym Boss Glockman?

[k1976]

Dollar Dominance in Peril as China’s Digital RMB Leads Financial Revolution Spanning 200 Countries​

Last updated: April 6, 2025 5:08 pm
ByThe420.in

3 Min Read
In a move shaking the very foundations of global finance, the People’s Bank of China has launched its full-scale digital RMB cross-border settlement system, now seamlessly connected to the ten ASEAN nations and six Middle Eastern countries.

Contents

ALSO READ: Now Open: Pan-India Registration for Fraud Investigators!ALSO READ: Empanelment for Speakers, Trainers, and Cyber Security Experts Opens at Future Crime Research Foundation
This stunning development enables nearly 38% of the world’s trade volume to bypass the U.S.-controlled SWIFT network, heralding what The Economist dramatically dubbed the “Bretton Woods 2.0 Outpost Battle.”

The implications are seismic: where SWIFT takes 3-5 days for cross-border settlements, China’s blockchain-driven Digital Currency Bridge compresses the process to a mind-bending 7 seconds.

ALSO READ: Now Open: Pan-India Registration for Fraud Investigators!​

In a landmark trial between Hong Kong and Abu Dhabi, a payment once routed through six intermediary banks now landed instantly—with a 98% drop in transaction fees.

More than speed, it’s the technological moat that’s making the West tremble. The digital RMB enforces anti-money laundering rules through smart contracts, offers full traceability, and has already powered blazing-fast real-time payments—such as in the China-Indonesia “Two Countries, Two Parks” initiative, where cross-border settlement took just 8 seconds, slashing overhead and inefficiencies by over 100x.

 

[k1976]

Bitcoin drops Sunday evening as cryptocurrencies join global market rout​

PUBLISHED SUN, APR 6 2025 5:13 PM EDTUPDATED 2 HOURS AGO

Tanaya Macheel@TANAYAMACHEEL
Hakyung Kim@HAKYUNGKIM_@IN/HAKYUNGKIM/
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In this article

• BTC.CM=

Jakub Porzycki | Nurphoto | Getty Images
Bitcoin fell below the $78,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump's restrictive global tariffs.

The price of bitcoin was last lower by 6% at $77,730.03, according to Coin Metrics, after trading above the $80,000 for most of this year — barring a couple brief blips below it amid recent volatility. It's off its January all-time high by 28%.

 

[k1976]

Bitcoin plunges into Asia open as crypto feels trade war pain
By Suvashree Ghosh / Bloomberg
07 Apr 2025, 09:29 am

(April 7): Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets.
Bitcoin shed about 7% of its value from Sunday night through to Monday morning in Singapore to reach a low point of US$77,077 (RM344,233). Second-ranked token ether plummeted to US$1,538, an intra-day low not seen since October 2023.
The losses come as US president Donald Trump dug in on sweeping tariffs that have already wiped trillions in value from US equities. US equity-index futures slumped and the yen surged in a sign of deepening turmoil throughout financial markets.

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Coinglass data show about US$745 million worth of bullish crypto wagers were liquidated in the past 24 hours, the most in nearly six weeks.
Options markets suggest the selling pressure may continue “with the skew for puts picking up considerably”, said Sean McNulty, head of APAC derivatives at digital-asset prime brokerage FalconX. Key support levels for bitcoin and ether are US$75,000 and US$1,500, respectively, he added.

Digital assets had shown some resistance to the panic that roiled markets after Trump first unveiled his tariff programme, hinting at a possible breakaway from the gravitational pull of technology stocks. Monday’s selloff may spell an end to that.
“Macro is driving the action right now,” said Cosmo Jiang, general partner at Pantera Capital. “The tariff-driven pullback is idiosyncratic and not because of deeper issues in our economy. Just like it was artificially injected in, so too can it be taken out after the Trump administration feels it has won concessions from other countries.”

 

[k1976]

Bitcoin last down 5% at $78,892.92​

FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
07 Apr 2025 03:10AM
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Bitcoin, the world's largest cryptocurrency by market value, was down by around 5 per cent at $78,892.92 at 1855 GMT on Sunday.

Ether, the second largest cryptocurrency, was down by around 9.62 per cent at $1617.65 at 1859 GMT on Sunday.

 

[k1976]

You trust Tiongkok Digital RMB or AMDk Lim Peh Kong Bitcoin?

 

[syed putra]

This is the true LIBERATION DAY. Can circumvent US unilateral sanctions and USD Swift.
The end of wall street is coming to a end. Let's all move to Shanghai.