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Can Bitcoin offer relief in emerging markets plagued by devaluing currencies?
As the word's reserve currency the US dollar has seen increased demand during times of crisis. The liquidity crisis in the past few months saw the price of digital assets like Bitcoin plummet in a matThe post Can Bitcoin offer relief in emerging markets plagued by devaluing currencies? appeared first on AMBCrypto. дальше »
2020-5-4 15:00 | |
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Rupiah Token (IDRT) Stablecoin Got Listed on Instant Cryptocurrency Exchange Service Changelly
Rupiah token (IDRT), the most adopted Indonesian stablecoin, got listed on the non-custodial cryptocurrency instant exchange Changelly. com. The token backed by Indonesian national currency is now available for instant exchanges from and into 150+ cryptocurrencies listed on the Changelly platform and can be purchased with a bank card for US dollar (USD), Euro (EUR) andRead MoreRead More. дальше »
2020-4-30 19:00 | |
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This multibillion dollar crypto fund purchased over $140 million worth of Ethereum in 2020
Grayscale Investments, the investment arm of Digital Currency Group, has picked up a majority of all ether mined in 2020. The metric indicates massive institutional interest in Ethereum, which is soon moving to a Proof-of-Stake protocol. дальше »
2020-4-28 19:00 | |
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As Libra pivots, members jump ship for Celo
When Libra was first announced in June 2019, it was pitched as a global digital currency pegged to a basket of bank deposits and short-term government securities. These assets were to be denominated in a range of historically stable international currencies, including the dollar, pound, euro, Swiss franc and yen. дальше »
2020-4-24 00:00 | |
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China's DCEP will compete against 'US dollar hegemony, not Bitcoin'
Since China's announcement of Central Bank Digital Currency [CBDC], the narrative switched from 'Libra vs rest of the world' to 'China's CBDC vs. Bitcoin'. But according to the CEO of Sino Global CapiThe post China's DCEP will compete against 'US dollar hegemony, not Bitcoin' appeared first on AMBCrypto. дальше »
2020-4-21 23:00 | |
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Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. дальше »
2020-4-9 05:05 | |
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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts
The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto. дальше »
2020-4-2 13:10 | |
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Federal Reserve’s Endless Asset Buying Could Rekindle Interest in Cryptocurrency Market
The US Federal Reserve announced an endless asset purchase program to combat the economic slowdown arising due to the COVID-19 pandemic. However, this has sparked fears that the Fed could infuse new currency in the market, which would lead to a further drop in the dollar’s purchasing power. дальше »
2020-3-31 18:10 | |
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Will Bitcoin Dethrone The Dollar As Global Reserve Currency?
For more than the last 100 years, the US dollar has reigned supreme over the rest of the world as the global reserve currency. But with the economy in shambles, and hyperinflation inbound for the US dollar, will Bitcoin unseat the dollar as the global reserve currency that rules for the next one hundred years?... дальше »
2020-3-27 22:00 | |
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Hyperledger Fast Tracks Dev of Ethereum Based eThaler As US Central Bank Digital Dollar
eThaler Set To Create Central Bank Digital Currency (CBDC) At a planned meeting at Hyperledger, a blockchain consortium, it was decided to accelerate its efforts in the development of eThaler, an Ethereum based project aiming to create a CBDC. дальше »
2020-3-26 19:39 | |
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Op-ed: Bitcoin has never been closer to becoming a global reserve currency, here’s why
As foreign currency markets take aim at decades-old lows against a soaring U. S. dollar, one might wonder where global citizens will turn if they are unable to flee to the greenback — whether on account of shortages, barriers to purchase, legal restrictions, or all of the above. дальше »
2020-3-23 01:02 | |
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Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency
The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto. дальше »
2020-3-19 08:10 | |
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Is A Fed-Controlled Digital Dollar A ‘Win’ For the Public; Will it Pave Way For Faster Payments?
Central banks around the world are assessing the benefits of issuing a state-controlled digital currency after China announced that it is close to launching its digital yuan and Facebook launching Libra. дальше »
2020-2-26 22:35 | |
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Bitcoin v. Gold debate may get a lot more heated post-halving
Bitcoin no longer seems to be in a race against the U. S dollar to become the world's most used currency. Rather, Bitcoin's price trends have made it clear that it is playing a different game altogetheThe post Bitcoin v. дальше »
2020-2-22 18:30 | |
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Intelligence Community Is Prepping For Black Swan Events That May Crush The US Dollar
It looks like the US Office of the Director of National Intelligence (ODNI) is looking to sponsor a researcher who can conduct a study on what would happen if the dollar would no longer be a global reserve currency. дальше »
2020-2-14 20:57 | |
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Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee
Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […] дальше »
2020-2-14 18:21 | |
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Bahamian Central Bank to Roll Out Digital Currency in H2 2020
Another tropical island country is set to get its own digital currency. The Bahamas’ Central Bank governor John Rolle yesterday confirmed that the digital Bahamian dollar will be rolled out by the second half of 2020. дальше »
2020-2-14 16:30 | |
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Digital Dollar Could Become a Reality as U.S. Fed Seems to Be Rather Bullish on It
Coinspeaker Digital Dollar Could Become a Reality as U. S. Fed Seems to Be Rather Bullish on ItThe U. S. policymakers believe that a digital dollar could have to preserve the primacy of their currency worldwide. дальше »
2020-2-14 16:02 | |
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US Intelligence Officials Are Funding Research on Dollar-Crushing ‘Black Swan’ Events
The Office of the Director of National Intelligence wants to sponsor a post-doc researcher to study what would happen if the U.S. dollar lost its status as the world’s reserve currency. дальше »
2020-2-14 12:00 | |
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Fed Chairman Powell Reveals The US Is ‘Working Hard’ On A Digital Dollar
Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […] дальше »
2020-2-12 22:48 | |
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Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar
The price of bitcoin soared after Jerome Powell acknowledged that systemic threats have triggered a lot of digital currency projects. The post Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar appeared first on CCN.com дальше »
2020-2-11 21:54 | |
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Japan Lawmakers Proposes Close Coordination with the US over Digital Currency
Politicians in Japan are appealing to the G7 members to collaborate and perform research on digital currency as a response to China’s schedule to launch the digital Yuan. Some Japanese lawmakers believe China's Digital Currency Electronic Payment (DCEP) could spread widely among the emerging economies and threaten the dollar's dominance. дальше »
2020-2-8 00:02 | |
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Potential US Dollar Digital Currency Being Examined by Federal Reserve Governor
United States banking officials appear to be examining the feasibility of a dollar-based Central Bank Digital Currency (CBDC), a talking point that has been working the rumor mill for some time now. дальше »
2020-2-6 13:05 | |
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Cardano's Hoskinson says the dollar will 'recede' as world's reserve currency
At the World Economic Forum in Davos, IOHK CEO, Charles Hoskinson spoke about how Bitcoin, cryptocurrencies and blockchain technology can help the world solve numerous problems that societies struggleThe post Cardano's Hoskinson says the dollar will 'recede' as world's reserve currency appeared first on AMBCrypto. дальше »
2020-1-24 22:30 | |
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Ex-CFTC Chairman Giancarlo Opens Up About The Possibility Of A US Digital Dollar (CBDC)
More talk of a possible launch of a central bank digital currency (CBDC) was heard at the Davos Conference hosted by The Block this Wednesday. One of the lead speakers at the conference, Former United States Commodity Futures Trading Commission (CFTC) chairman, J. дальше »
2020-1-23 17:08 | |
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Why Crypto Dad Wants to Digitize the Greenback
Crypto Dad wants to digitize the greenback. His new venture, the Digital Dollar Project, is a foundation set up to advocate for a US central bank digital currency (CBDC). But is it necessary? What Libra Did Interest in CBDCs has been growing since Facebook threatened to undermine the international monetary order with the creation of […] The post Why Crypto Dad Wants to Digitize the Greenback appeared first on Crypto Briefing. дальше »
2020-1-21 19:31 | |
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Former CFTC Chair launching the Digital Dollar Project with Accenture
J. Christopher (Chris) Giancarlo, former Chair of the Commodity Futures Trading Commission (CFTC), along with Charles Giancarlo and Daniel Gorfine, have partnered with Accenture to create the Digital Dollar Project (the Project) to advance exploration of a United States Central Bank Digital Currency (CBDC). дальше »
2020-1-16 21:04 | |
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Cryptocurrency Industry Debates Digital Dollar as Former Regulators Form Think Tank
Yesterday rumors circulated the internet that the US Federal Reserve will announce the creation of a digital dollar on the 16th. Although this cryptocurrency-like speculation turned out to be unfounded, they did spark some interesting takes about the impact a major global power digitizing their currency will truly have on the world. дальше »
2020-1-16 19:35 | |
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Former CFTC Officials Ramp Up Push for Digital Dollar With Accenture Partnership
Former CFTC Chair Chris Giancarlo and LabCFTC head Dan Gorfine are forming the Digital Dollar Foundation, working with Accenture to determine how best to create a U.S. central bank digital currency. дальше »
2020-1-16 16:58 | |
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Facebook's Libra won't be allowed, even if regulated: Australia's RBA
The Reserve Bank of Australia (RBA) has now confirmed that it is mulling over the digital version of the Australian dollar, a digitized currency commercial banks and other corporates across the countrThe post Facebook's Libra won't be allowed, even if regulated: Australia's RBA appeared first on AMBCrypto. дальше »
2020-1-9 14:24 | |
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Crypto’s Have ‘Intriguing Possibilities’ But Won’t Replace USD As Global Reserve Currency: IMF Chief
International Monetary Fund’s (IMF) chief economist, Gita Gopinath, said on Tuesday that digital currencies aren’t threatening the US dollar’s role in the global trade. She also mentioned that while cryptocurrencies seem to offer intriguing possibilities, they still aren’t globally accepted and lack the infrastructure they need to defeat the US dollar in order to become […] дальше »
2020-1-7 18:49 | |
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Bahamas Central Bank Will Pilot Digital Currency Starting December 27
The Bahamas is planning to pilot a digital version of the Bahamian dollar in the Exuma district starting December 27
дальше »2019-12-27 23:25 | |
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Is Bitcoin Really A Hedge Against The US-China Trade War And Devaluing Yuan?
The trade war between the world’s two biggest economies continues to intensify while China’s yuan remains above the important physiological level 7 at 7.6 against the US dollar on Friday. With central banks around the world making rate cuts and a threat of currency crisis looming, Bitcoin is fast becoming a safe haven asset. According […] дальше »
2019-8-9 15:48 | |
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Bitcoin Price Spikes 30% in 2 Weeks as FX Wars Fuels Crypto Rally
The bitcoin price is up by more than 30 percent in less than two weeks against the U.S. dollar following a 127 percent year-to-date gain from $4,000 to $9,100. Fundamentals such as the hash rate of the Bitcoin blockchain network remains strong amidst an intensifying currency crisis as a result of the trade war between […] The post Bitcoin Price Spikes 30% in 2 Weeks as FX Wars Fuels Crypto Rally appeared first on CCN Markets дальше »
2019-8-9 10:48 | |
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China denies currency manipulation, while Bitcoin (BTC) will grow
The collapse of the renminbi to a record level since the financial crisis of 7 yuan per dollar was “caused by market factors,” the Chinese side said. Prior to this, Trump accused China of currency manipulation in order to help Chinese exporters. дальше »
2019-8-7 14:45 | |
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Bitcoin Shoots Up on Rising Threat of Full Blown Currency War as China’s Yuan Drops Below 7
The simmering trade tensions between the US and China have threatened to spark a full-blown currency war after Beijing lets the yuan weekend past the psychologically important point of 7 to the American dollar for the first time in over a decade. дальше »
2019-8-5 17:42 | |
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JP Morgan: US Dollar Could Lose its Reserve Currency Status, Need for Investment Portfolio Diversification
The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […] дальше »
2019-7-25 20:16 | |
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Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future
Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status. дальше »
2019-7-24 13:00 | |
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