The official Trump token ($TRUMP) has fallen by more than 15 per cent over the past 24 hours and is currently trading at around $1.27. According to CoinGecko, the token hit a new all-time low of $1.22 after the Democrats gained control of both houses of the US Congress in the mid-term elections.
The crypto market has almost recovered from the slump that followed the $6 billion Binance hack at the end of October. The largest crypto exchange had suspended but has since resumed withdrawals, after which the Bitcoin price rose by 2 per cent from its local low and returned to the $78,000 mark.
The dollar’s global dominance has been underpinned by oil trade for decades. China is using a completely different foundation to strengthen its currency – green technologies. And Washington risks noticing the changes only when it is already too late.
Christine Lagarde, President of the European Central Bank (ECB), will step down on 7 February 2027, almost nine months before her term of office is due to end in October. She announced this today, 29 October. Her decision opens up the race for the post of head of the European regulator, the outcome of which will be influenced by political agreements between eurozone countries and the situation regarding France’s public debt.
Crypto trader Ansem has revised his outlook for Bitcoin and Ethereum to bearish. He warns that both coins have broken below their medium-term trend lines and could accelerate their decline to below $82,000 and $2,400 respectively.
Bitcoin recovered to around $80,800 on Sunday following a sharp sell-off over the weekend — as investors assessed the scale of the liquidations in the cryptocurrency market ahead of the Federal Reserve’s upcoming interest rate decision.
Russia has been selling off its gold for nine months now. In September, there was a further reduction in gold reserves of 6.2 tonnes, and since January this year, the scale of sales from the Central Bank of Russia’s vaults has increased tenfold – to 62 tonnes of gold.
The country’s financial system is transitioning from a strict authorisation-based regime to liberalisation and the subsequent monitoring of cross-border capital flows. The reform has been developed by the regulator as part of the harmonisation of national legislation with EU standards, under which the free movement of capital is one of the fundamental economic freedoms. The phased reform plan is designed to run until the Republic of Moldova’s full accession to the European Union.
According to data from the National Bank of Moldova (NBM), in September the supply of foreign currency from private individuals met 97.4 per cent of domestic demand, compared with 110.3 per cent in August 2026. Judging by the NBM’s response, the situation remains stable, although demand for foreign currency from businesses grew faster than the population could meet.
From 20 November this year, the limit on foreign exchange transactions without authorisation from the NBM will be increased to 100,000 euros. The amendments, approved as part of the Law on Foreign Exchange Regulation, were published on 20 October this year and will come into force in a month’s time.
