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Ashwini Roopesh

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Not So Merry Christmas: Bitcoin to Score Second Worst Q4 Ever. It is worth noting that the gap between the worst year (2018) and the second worst is significant, but 2025 is still noticeably deeper in the red than the other bad years 2014, 2019, 2022. 

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Ashwini Roopesh

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How Much Gold Did BRICS Buy in 2025? Total Reserves Revealed. BRICS gold 2025 purchases hit 663 metric tonnes worth $91 billion in the first nine months alone, and that’s according to the World Gold Council. Combined reserves now stand at 6,026 tonnes, and the buying hasn’t slowed down despite gold hitting record prices. Central Bank’s gold buying jumped 41% in Q2 2025, and purchases actually reached 166 tonnes. This increase accelerated various major acquisition programs, transforming multiple essential central bank strategies. Russia’s sitting on 2,336 tonnes right now, China holds 2,298 tonnes, and India has 880 tonnes in reserves. Gold backed trade settlement - So, on November 10, 2025, BRICS launched “The Unit” through the International Research Institute for Advanced Systems on the $ADA Cardano blockchain, which is pretty significant. This implementation catalyzed various major transformations across multiple essential digital settlement frameworks. The gold-backed BRICS Unit is pegged 40% to gold and 60% to BRICS currencies, designed specifically for cross-border trade between member nations.

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Telegram founder Pavel Durov to fund IVF for women using his donated sperm, promises heirs a share of his fortune. Russian tech billionaire Pavel Durov, has said he will cover the full cost of in vitro fertilisation (IVF) for women under the age of 37 who want to conceive using his donated sperm, adding that all of his biological children will one day inherit a share of his fortune. Durov, 41, who is estimated to be worth nearly $17 billion, has claimed to have already fathered at least 100 children through sperm donation, in addition to six children from 3 partners. “As long as they can establish their shared DNA with me, someday maybe in 30 years from now, they will be entitled to a share of my estate after I’m gone." “My past donating activities has helped over a hundred couples in 12 countries to have kids. Of course there are risks, but I don’t regret having been a donor. The shortage of healthy sperm has become an increasingly serious issue worldwide, and I’m proud that I did my part to help alleviate it."

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BRICS Orders 1.7 Million Oil Barrels in a Big Blow to the US. In a big blow to the US and the Trump administration, India ordered 1.7 million barrels of oil from its BRICS counterpart, Russia, in November, despite sanctions, and the amount is up 3.4% from October. In addition, 1.2 million barrels of oil were shipped from Russia to India in December. The procurement comes despite India being under pressure from the US to stop buying Russian oil. Despite 50% tariffs by the US, Indian refiners, such as Indian Oil Corp and Bharat Petroleum, are buying Russian crude oil much more than expected. Hindustan Petroleum is also in talks with Russia and could resume oil purchases from January 2026. BRICS members India and Russia are not at all bowing down to US sanctions and continuing the purchases. BRICS is receiving oil at discounted prices from Russia and saving millions in foreign exchange rates. The settlements are happening in local currencies such as the rupee and the ruble. The Chinese yuan is also being used for oil deals with China. The US $ is being phased out like anything, thanks to the sanctions from the White House. While BRICS is helping Russia in sustaining its economy, the US thinks otherwise. American authorities gave a statement that sanctions are working against the Russian economy. “Thanks to President Trump’s leadership, Russia has been forced to accept deep discounts and fewer buyers for its oil. These pressures are limiting the Kremlin’s revenues and increasing the financial strain of sustaining its war." India had previously saved close to $7 billion in foreign exchange rates and benefited from the US sanctions on Russia. The sanctions have mostly turned out to be a blessing in disguise for BRICS members. It also helped them advance to move away from world most dominated currency while saving big on exchange rates. Despite the $TRUMP administration’s trying to clamp down on oil sales, it has yet to be successful.

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