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Saudi Arabia and China sign 57 deals worth over $3.73 Billion USD just recently, and the agreements mark a major advancement in local currency cooperation and also de-dollarization efforts between the nations. The deals, which were signed at the Saudi-Chinese Business Forum in Beijing this month, are enhancing BRICS-aligned trade and also promoting currency substitution between these economic giants right now in 2025. Also Read: BlackRock Bitcoin ETF Soars as Abu Dhabi and Hong Kong Investors Pump Over $1 Billion Saudi-China $3.73B Agreements Boost Trade, Finance, Currency Use Source: Watcher Guru As Saudi Arabia and China sign 57 deals worth over $3.73 billion USD, at the same time institutional cryptocurrency market activity has also increased significantly. The BlackRock ETF inflows at the time of writing reflect growing confidence among major investors who are seeking alternative asset classes in today’s changing financial landscape. Strengthening Bilateral Economic Ties In at...

Elon Musk’s net worth has surpassed $300 billion, with his EV company Tesla recently breaching $1 trillion in market cap. The world’s richest man has seen his Net worth rise $11 billion in less than 24 hours, a 3.8% increase. Musk was one of the biggest winners of the recent US election, which saw Donald Trump win a second term in office. Trump previously made the promise to bring on the Tesla CEO to his cabinet in a new role, backing Musk as a genius. ““Let me tell you, we have a new star. A star is born—Elon,” Trump said in his victory speech Wednesday. “[Musk is] a character, he’s a special guy, he’s a super-genius. We have to protect our geniuses—we don’t have that many of them.” JUST IN: Elon Musk's net worth rises to $300,000,000,000. pic.twitter.com/veqqsJFPh7 — Watcher.Guru (@WatcherGuru) November 8, 2024 Musk’s promised role reportedly involves heading a finance domain dubbed “Department of Government Efficiency, or DOGE,“ a realm heavily invested in car...

Vitalik Buterin’s salary has been made public. This reveal offers a look into the Ethereum founder’s earnings. It also sheds light on the Ethereum Foundation’s operations. The disclosure gives us insight into Buterin’s earnings and ETH’s finances. Also Read: BRICS: Analyst Warns of a Major U.S. Dollar Crash Ethereum Foundation’s Financials: Vitalik Buterin’s Salary and More Source: Nansen Buterin’s Annual Salary Revealed Vitalik Buterin earns SGD 182,000 (about $134,000) per year. Buterin shared this information himself. The amount is modest for someone of his influence. This openness shows the Ethereum Foundation’s commitment to transparency. This transparency gives us an understanding of Vitalik Buterin’s salary within the foundation. Ethereum Foundation’s 2023 Budget Breakdown Source: Nansen Buterin detailed the Ethereum Foundation’s 2023 expenses. 36.5% went to “New Foundations” like the Nomic Founda...

Finance -related jobs in the U.S. remain in demand as leading global banks and financial institutions are on a hiring spree. The tech industry has seen large-scale layoffs since 2022 as giants cut staff to remain afloat. Technology giants like Amazon, Meta, and Google’s parent company Alphabet reduced their workforce after the COVID-19 lockdowns. Also Read: The West Is Running Out of Gold, Demand in the East Grows Strong However, the opposite is occurring in the U.S. Finance sector as high-paying jobs are in demand after the COVID-19 era. Nine of the Fortune 25 financial firms have been hiring in the last two years, including top and mid-level jobs. This includes companies such as Macquarie Group, Morgan Stanley, JPMorgan Chase & Co., and Goldman Sachs, among others. Also Read: Cryptocurrency: 3 Coins To Buy Under $0.5 in May 2024 Technology Jobs Dip in the U.S., Finance-based Hiring on the Rise So...

The convergence of AI and DeFi can be a game changer, with trading and portfolio management being the major use cases. The crypto industry has faced significant challenges over the past few years, dealing with issues such as failed exchanges, regulation, collapsing projects and depegged stablecoins. These hurdles have contributed to an atmosphere of uncertainty and skepticism within the industry. However, the obstacles experienced within the space have now paved the way for new entrants, and with them, innovative solutions that continue to drive the evolution of decentralized finance (DeFi). At the forefront of these efforts is a growing desire to integrate artificial intelligence (AI) into financial ecosystems, which represents the next step for crypto. This central focus on AI aims to strengthen resilience, mitigate risk, and build a sustainable and trusted foundation for the future of the industry. One of DeFi’s use cases for AI relates to trading and portfolio management. AI tool...