BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s potential shift towards the petroyuan and Russia’s plans to reduce dollar reliance. However, […]
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Binance: October Flash Crash Was a Macro Liquidation Spiral — Not Exchange Failure
Binance is pushing back hard against blame for October’s crypto flash crash, arguing macro shocks, leverage and liquidity dynamics —...













