Paxos unveils USDG stablecoin compliant to Singapore’s upcoming regulatory framework

Stablecoin issuer Paxos has announced a new token dubbed “Global Dollar” that is “substantively compliant with MAS’ upcoming stablecoin framework.” Digital assets company Paxos has launched a new stablecoin, Global Dollar (USDG), designed to meet stringent compliance standards set by…

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Mastering Dollar Volatility: Key Strategies for Traders in Asia and India from Octa Broker

The U. S. dollar’s dominance in global trade and finance is unparalleled. Around 88% of all foreign exchange transactions involve the U. S. dollar, solidifying its position as the backbone of international markets.

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Fresh from the Trading Room: Commodities comeback

The Federal Reserve's 50 bps rate cut marks the start of the rate-cutting cycle. The equity market responded positively to the larger-than-expected cut, and a weaker U. S. dollar has created favorable conditions for commodities and other global currencies.

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Ether Leads Post-Fed Crypto Market Rally as Yen Weakness Sparks Risk-On Frenzy

From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC’s Bold Move

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Trump Family Crypto Project Seeks To Maintain US Dollar Dominance With Stablecoins

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All Eyes on Bitcoin as US Dollar Index Hits 2024 Lows

Bitcoin breaks $61K, benefiting from a weaker US dollar and rising global liquidity. Fed minutes suggest rate cuts, bolstering BTC’s momentum. The post All Eyes on Bitcoin as US Dollar Index Hits 2024 Lows appeared first on BeInCrypto.

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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote

At Bitcoin 2024, Senator Cynthia Lummis proposed a more detailed plan for a strategic Bitcoin reserve to bolster the U.S. dollar and cement America’s global financial leadership. After days of anticipation, United States Senator Cynthia Lummis finally announced her proposed…

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Tether hires ex-Chainalysis economist Philip Gradwell as head of economics

Gradwell's appointment at Tether could enhance regulatory engagement and solidify USDT's role in global finance, supporting dollar hegemony. The post Tether hires ex-Chainalysis economist Philip Gradwell as head of economics appeared first on Crypto Briefing.

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Will Bitcoin Eventually Replace The US Dollar? Yes, Tech Billionaire Jack Dorsey Says

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Petrodollar deal falls apart: Will Bitcoin reap the benefits?

The U.S.-Saudi Petrodollar deal's non-extension stirs jitters in the global finance markets.  Analysts tip gold and Bitcoin as hedge tools amidst fears that the dollar might fall.  Saudi AThe post Petrodollar deal falls apart: Will Bitcoin reap the benefits? appeared first on AMBCrypto.

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Paxos Unveils Yield-Generating Stablecoin Lift Dollar

USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

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BRICS considering a stablecoin launch for international trade settlement

BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while.

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Bitget Wallet Launches BWB Points Airdrop, Bolstering Alliance with Ethena

Bitget Wallet, a renowned Web3 wallet with global recognition in Asia, has partnered with Ethena, a synthetic dollar protocol built on Ethereum. Users who have deposited a minimum of 100 USDT in the last three months on Ethena will be eligible for a BWB points airdrop.

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South Korean won tops global crypto trading, overthrowing USD 

The South Korean won has surpassed the U.S. dollar as the leading currency for trading crypto worldwide. 

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Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules

The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is looking to U.S. lawmakers to provide guidance, while Tether is taking a hands-on approach to tackling fraud and money laundering.

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BRICS Nations Challenge US Dollar Dominance: Blockchain Payment System In The Works

The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic force comprising Brazil, Russia, India, China, South Africa, and newly added members, is revving up its engine for a revolutionary new payment system.

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BRICs Lays Groundwork for Blockchain Payments to Challenge US Dollar Hegemony

BRICS is setting the stage for a financial revolution by developing a blockchain-based payment system, signaling a bold move away from the US dollar. This initiative, highlighted by Kremlin aide Yury Ushakov, aims to create a more inclusive, efficient, and politically neutral global financial infrastructure.

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U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

Crypto critics often warn of digital currencies' potential to destabilize the U. S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.

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New York feds and banking giants commence 12 weeks-digital dollar pilot

According to the latest news reports, the Federal Reserve Bank of New York and the Global banking giants are initiating a 12-week digital dollar pilot dubbed proof of concept (POC). The pilot aims to test the viability of using tokens…

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KENKA METAVERSE (KENKA) Listed On Cryptocurrency Trading Platform MEXC

On November 1 at 12:00 (UTC), MEXC Global will list KENKA METAVERSE, allowing users to trade the platform’s native token, KENKA, against the US dollar. Based on the popular mobile game KENKADO (which has over 3 million downloads), KENKA METAVERSE is a blockchain adaptation of the original game with new characters and a different world. […]

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The U.S. Will Weaponize The Dollar By Backing It With Bitcoin

The United States government is likely to back the dollar with bitcoin in order to protect its status as issuer of the global reserve currency.

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How The United States Weaponizes The Dollar To Retain Global Hegemony

The dollar wrecking ball is hurting emerging markets and competing currencies alike. Will the U.S. be the last country to print the global reserve currency?

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China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan

Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency.

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New Zealand Dollar Market Report October 2022

The New Zealand Dollar is the world’s tenth most-traded currency. Techemynt is the issuer of the NZDS, a blockchain-based stablecoin that combines the stability and value of the New Zealand dollar with the intrinsic utility of cryptocurrency to allow arbitrage, remittance, and payments in the global digital asset economy.

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Soaring Dollar's Global Fallout

The greenback has rallied sharply against most of the world's currency, adding to economic challenges already caused by rising consumer prices.

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Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global

The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies.

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‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, a longtime trader and author, said on CoinDesk TV’s “First Mover.”

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How Long Will U.S. Dollar Index (DXY) Continue to Rise?

The US Dollar Index (DXY) continues its parabolic rise. While it increased by 3% this week, commentators are asking when and at what level the dominance of the US currency will end. The strong dollar translates into a weak performance of other global currencies, traditional markets and cryptocurrencies.

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OKX Launches Multi-Million Dollar Brand Campaign in Global Market Expansion

Asking ‘What is OKX?’, the campaign is OKX’s biggest brand investment to date as it looks to gain crypto market share outside of Asia Conceived...

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Bitcoin Price (BTC) Slides Under $19,000 — The First Time Since July 4

Bitcoin price traded below $19,000 on Wednesday morning, as the leading cryptocurrency plummeted to its lowest level since July, due to a decline in global stock markets and the U. S. dollar’s sustained strength.

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Ether, ADA Lead Steep Crypto Slide Amid Dollar Strength

Some analysts said impending monetary tightening could add to a global rout across major asset classes, including equities and crypto.

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USDC: The digital dollar for the global crypto economy

Learn about working at Coinbase: https://www.coinbase.com/careers - Medium

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Barclays Invests Millions of Dollars in Crypto Custody Firm Copper

Global financial services provider Barclays PLC announced that it will purchase a multi-million dollar stake in crypto firm Copper. The post Barclays Invests Millions of Dollars in Crypto Custody Firm Copper appeared first on BeInCrypto.

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US Dollar Reaches Parity with Euro as DXY Breaks Through Resistance

The U.S. dollar appears to be the biggest beneficiary of global financial instability, pervasive inflation, the war in Ukraine and the coming recession. The post US Dollar Reaches Parity with Euro as DXY Breaks Through Resistance appeared first on BeInCrypto.

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Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues

U.S Rep. Jim Himes (D-Conn.) published a report supporting the introduction of a central bank digital currency on Wednesday.

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What Cardano’s Hoskinson Said About Terra: In The End Slow Wins

Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the algorithmic stablecoin UST to deppeged from the U.

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Cake DeFi Ventures Into Gaming And eSport Following Partnership With FACEIT

Global online gaming platform, FACEIT has entered a multi-million dollar partnership with crypto Fintech platform Cake DeFi according to a recent announcement from the company. FACEIT is a top-rated competitive platform for online multiplayer games that offer players, organizers, game developers, and brands exclusive access to a dedicated platform that empowers the development of the […]

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The US Dollar Is Soaring While The GDP Contracts

The strengthening of the U.S. dollar and the growth deterioration across major global economies will likely cause more downside for risk assets.

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How Dollar Parabola Breakdown Could Boost Bitcoin Price

Hate all you want; the US dollar is still the most dominant force in finance, and the global reserve currency. It is the de facto base currency in most trading pairs, even against Bitcoin. Because of this, when the dollar moves, so does the rest of the market. Find out why the dollar could be […]

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Where Does Bitcoin Stand With Depleting Dollar Dominance

The world has relied on the US Dollar as a reserve currency for decades now, needless to say that it is one of the world’s strongest currencies. As far as Bitcoin and its potential prevalence are concerned, many experts believe that the digital currency could threaten the global supremacy of dollar. It is no news that […]

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Crypto Dollar, The New Global Banking

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Discussing How The Dollar Became The Hyperpower Currency

Alex Gladstein provides a historical recount of how the United States rug pulled the entire world and asserted the dollar as the dominant global currency.

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Analyst Gareth Soloway Reveals Probable Trigger For Bitcoin’s Ascent To $500,000

Gareth Soloway is predicting the imminent collapse of the Dollar and all other global currencies in the future as Bitcoin continues to receive overwhelming support from citizens all over the world. Speaking during the Future Blockchain Summit held in Dubai, in what he termed as a “chain reaction” of what is going on now, the […]

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A Look Into The Astounding Institutional Interest In Ether And Its Potential To Aid ETH In Toppling Bitcoin

According to the September edition of Bloomberg Galaxy Crypto Indices (BGCI), there is a very high chance that Ethereum could soon become the top cryptocurrency, unseating Bitcoin. The report highlights that Ethereum is leading the DeFi revolution as well as playing a key role in making the dollar the “primary global currency” by being the […]

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Honeypad fills presale of nearly $1,000,000 and breaks the 8888 holder barrier

After a successfully filled presale of nearly 1 Million Dollar and a very smooth launch as expected, Honeypad's token price is stabilizing at a healthy level. With an effectively announced global markThe post Honeypad fills presale of nearly $1,000,000 and breaks the 8888 holder barrier appeared first on AMBCrypto.

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Blockchain Firm Paxos Renames Paxos Standard (PAX) Stablecoin to Pax Dollar (USDP)

Blockchain infrastructure firm Paxos has announced the rebranding of its stablecoin from Paxos Standard (PAX) to Pax Dollar (USDP). USDP Would Transform Global Payments Paxos move to rebrand is part of its plan to distinguish itself from other stablecoin operators.

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VeChain Is Targeting The Multi-billion Dollar Chinese Pet Food Traceability Market Using Industry Leading Blockchain Technology

Against the overall market downturn from the global pandemic, China’s pet food industry bucked the trend with notable growth. It was valued at USD 1.082 billion in 2020, and it...

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The Truth Behind Bitcoin’s Opposition

Bitcoin represents a threat to the United States dollar and its global hegemony backed by endless war.

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MEXC Global Adds Support For Market-Leading Stablecoins USDT and USDC On Algorand

MEXC Global, a Singapore-based cryptocurrency derivatives exchange announced it is now allowing users to transact in their preferred stable coin pegged on the dollar on Algorand. According to the announcement, MEXC is now supporting USDT and USDC.

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