2021-2-17 20:05 |
"It's going to be a dollar economy as far as the eye can see," said James Bullard.
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American publisher Steve Forbes has attacked bitcoin’s fixed supply saying this feature actually curbs the ability of the crypto to “meet the needs of a growing economy. ” He also argues that bitcoin cannot replace the dollar because it is presently too volatile to function as money.
2021-1-19 06:30 | |
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Global economies continue dealing with the black swan event, the Corona Virus pandemic, which has seen governments pumping trillions of dollars into the economy to keep them afloat. However, analysts and experts in the field are worried about the effect this could have on the fiat currencies in use worldwide as inflation increases.
2020-12-16 00:38 | |
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Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U. S. financial system looks even worse.
2020-12-4 02:45 | |
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The year was 2009 and the dollar had just recovered from The Great Recession. Bitcoin was born and grew up while the dollar regained its throne. After ten years of strengthening, the pandemic and associated monetary response to sustain the economy, caused the almighty dollar to weaken again.
2020-12-2 23:00 | |
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China's economy has rebounded and its currency has strengthened against the US dollar as the world's most populous country brings the virus under control.
2020-10-5 13:00 | |
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The dollar retreated this summer amid the change to a less optimistic narrative of the US economy, growing budget deficits, and rising political risk.
2020-9-7 13:00 | |
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The dollar’s impact on markets in 2020 cannot be overstated. Its weakness and decline in the face of the pandemic and a dwindling US economy, has allowed assets like Bitcoin, precious metals, and equities to surge.
2020-9-2 23:00 | |
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In a week that will see the world central bankers convening a virtual conference on the future of the economy, Bitcoin is rising. The benchmark cryptocurrency kicked off Monday with modest gains against the US dollar.
2020-8-24 16:02 | |
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Not too long ago reports were circulating that the billion-dollar, publicly-traded MicroStrategy was considering a major purchase of bitcoin to protect against inflation. The business intelligence company fears that with all these trillions of dollars being added to the economy via stimulus packages, the dollar will begin to lose its value. But MicroStrategy recognizes Bitcoin […]
2020-8-12 21:54 | |
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One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed.
2020-8-6 22:00 | |
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The dollar sank in July to the lowest point in two years in response to more stimulus money being printed to inflate the economy. At the same time, Bitcoin spiked to the highest level in over a year.
2020-8-4 23:00 | |
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With the United States on the verge of giving another fiscal stimulus to jolt the economy, Goldman Sachs is recommending to buy gold amidst inflation and “debasement” fears over the U. S. dollar. Goldman sees gold rising in price up to $2,300 by 2022.
2020-8-4 21:05 | |
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Bitcoin surpasses $11,000 – where is it going next? The dollar is falling as the economy contracts – what does this mean for Bitcoin and Ethereum? All this and more with our special guest Kiana Danial of InvestDiva.
2020-8-4 19:35 | |
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Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2. 1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end of the year.
2020-7-31 04:30 | |
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The growing debt crisis in the U. S. amid the Covid-19 crisis could damage the dollar’s global reserve status. Analysts at Goldman Sachs expressed concern that the burgeoning liquidity and mounting debt could have dramatic ramifications for the world’s largest economy.
2020-7-29 21:21 | |
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For the longest time, Bitcoin was seen as an asset that is independent of the movements of traditional markets. But, the pandemic struck. It has dramatically altered the state of the global economy, with analysts now arguing that BTC’s directionality is dependent on certain markets.
2020-7-18 04:49 | |
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Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar.
2020-7-9 21:16 | |
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From markets to real estate to the dollar to retail, the data on whether the market is recovering or not is hella confused.
2020-6-25 22:00 | |
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A macro strategist for Deutsche Bank has raised concerns over the dollar losing its safe-haven status if another wave of the pandemic strikes the United States. If the current global reserve currency continues to wane as an “emergency” currency, could Bitcoin eventually step into that role? Macro Strategist Questions USD Safe Haven Premium As Concerns Over Pandemic Resurgence Grows When the economy is under distress, certain assets known as safe havens for capital perform best […]
2020-6-23 18:28 | |
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On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again.
2020-6-11 21:27 | |
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President Trump is a very busy man, and he has dedicated himself into securing the status of the dollar, calling for QE and negative interest rates, as well as bringing back more jobs from China. While the effects of such measures on the economy remain unclear, he has unintentionally promoted the development of bitcoin, despiteRead MoreRead More.
2020-6-8 09:35 | |
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A macro expert joins to discuss why the U.S. dollar and economy are more broadly poised to suck the liquidity from the entire global economy.
2020-5-29 22:00 | |
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The U.S economy has come to a halt at the moment and the unemployment rate is increasing by the day. The Fed has taken various steps to strengthen the monetary situation but as strategists opine, the The post With the uncertain future of the US dollar, what is Bitcoin's role? appeared first on AMBCrypto.
2020-4-27 20:00 | |
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The U.S government has begun distributing the COVID-19 stimulus checks in a bid to boost the economy. In a new development in the Lower House, Representative Rashida Tlaib (D-MI) is looking to introduce a digital wallet in the new bill titled, ‘Automatic Boost to Communities Act (ABC)” to which the $2000 extended monthly payment will […]
2020-4-19 23:40 | |
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Bitcoin supporters balk at the latest plan to flood the U.S. economy with government-sanctioned dollar stimulus
2020-4-16 12:01 | |
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The Algorand Foundation has launched a new grants program worth $50-million in ALGO tokens to build out its borderless economy.
2020-4-16 21:00 | |
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The impact of the coronavirus will have a negative long-term effect on the economy, bringing forth a major recession and potentially with it, the collapse of the dollar. With the dollar potentially dying in the months and years ahead, a published author, investor, and entrepreneur is recommending that investors buy Bitcoin and gold in preparation...
2020-4-8 20:30 | |
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Robert Kiyosaki wants you to save Bitcoin (BTC) and Gold (XAU) while the U.S. dollar is 'destroying lives'
2020-4-2 18:16 | |
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In the rush to revive an economy in crisis U.S. politicians are weighing proposals that could put an end to banking as we know it.
2020-3-29 14:02 | |
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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?...
2020-3-27 22:00 | |
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As part of a plan to aid the unbanked in the US, politicians are considering the use of crypto dollars and digital wallets to speed the disbursement of direct emergency funds. The move comes as massive monetary stimulus packages are proposed to save the sinking economy.
2020-3-25 18:16 | |
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During the last few days, members of the U. S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar” and “digital ledger entries.
2020-3-25 22:10 | |
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The latest US coronavirus-related bill submitted to the House of Representatives included mentions of the digital dollar, but it seems these mentions have been stripped. The latest version of the House Democrats’ Take Responsibility for Workers and Families Act was revealed on March 23, but it no longer contains anything about the digital dollar in […]
2020-3-24 19:51 | |
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The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does.
2020-3-25 17:15 | |
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Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.
2020-3-25 00:05 | |
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Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.
2020-3-24 00:05 | |
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Bitcoin prices on Friday are plunging after marking their highest levels in over two months, hurt by an improving outlook of the eurozone economy, the stronger dollar, and – none the least – the Coronavirus outbreak in China.
2020-1-24 15:06 | |
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The dollar's loss might not be Bitcoin's gain. An oft-repeated narrative in the cryptocurrency industry is that the failings of the world economic order will eventually lead to a surplus in digitalThe post Bitcoin unmoved by Federal Reserve flooding the economy appeared first on AMBCrypto.
2019-12-5 16:30 | |
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A press release from December 3rd says the new currency comes as a start of a wider initiative to help the fintech sector develop. It will be introduced at the symposium held by the DVI Digital Economy, and function as a stablecoin 1:1 pegged to the US dollar. The BVI have been using the US […]
2019-12-4 01:48 | |
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Lebanon is facing a banking crisis of such severity a judge had to order a bank to release deposited funds. “The [Lebanese] economy doesn’t rely on the local currency, the... The post Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff appeared first on Trustnodes.
2019-11-27 20:06 | |
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The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC).
2019-11-21 23:49 | |
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Plans are underway from the Bahamas' Central Bank to unleash its digital coin. The announcement was made recently, and the bank said that this was in a bid to make the economy more resilient. Having their digital currency will ensure the economy remains stable even in times of natural disaster occurrences. The governor of the […]
2019-10-26 19:27 | |
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Finally, after four months of Facebook unveiling its payments move to disrupt the world economy as we know it, CEO Mark Zuckerberg stepped into the ring. Libra was the centre of attention in Washington D.
2019-10-24 16:30 | |
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By trading oil using its own currency, ISIS planned to destabilize the US economy by forcibly decoupling the dollar from the oil business.
2019-10-7 23:53 | |
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The Venezuelan government is one of the most crypto friendly countries as it looks for ways to sustain its hyper-inflated economy and sanctions from various governments. The government is focused on promoting its oil backed crypto, Petro dollar, to its citizens with the latest debit card release by government sanctioned exchange, CriptoLAGO. The debit card […]
2019-10-4 17:34 | |
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A perfect soil for a BTC rise would be a major financial crisis, some experts believe, and now CNBC says that weakening USD could be the only hope for the global economy
2019-10-3 14:56 | |
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A Deep Dive on Bitcoin and Fiat. The SEC wants to regulate Bitcoin with star ratings and Bitcoin gets 1 star. The Feds are injecting hundreds of billions diluting the US Dollar. We cover what happened when Venezuela’s economy crashed and how that could happen in the US.
2019-10-3 20:00 | |
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Would you like to lay claim to the fortune of an ailing heirless Nigerian prince? How about becoming a partner in a multi-billion dollar business originating in some obscure, unheard-of country? If all these tricks sounds familiar, then you are among the millions of people worldwide who have been attacked by some of the most […] The post The ‘Queen’ Begins Bitcoin Phishing to Save the UK Economy appeared first on BeInCrypto.
2019-9-30 07:15 | |
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The global economy faces a new series of extreme interest rate reductions, potentially driving the demand for more volatile crypto assets. With fiat assets racing toward lowered interest rates, crypto may also be seen as a store of value.
2019-9-16 21:00 | |
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Economies in Asia and the Middle East are stepping up with tailored rules for digital assets, underscoring crypto's emergence as a truly multipolar industry.
Mainstream adoption of cryptocurrency will be achieved through meaningful association with name brands outside the financial and tech sectors.
UK-based crypto firm Copper Technologies withdrew its registration to the FCA. Instead, its new CEO wants to shift the custodian’s focus towards securing operating licenses in the US and other countries.
The State of Ohio has introduced a second Bitcoin reserve bill as crypto legislation gains momentum across the U.S. ahead of Donald Trump’s inauguration. Ohio House GOP Majority Whip Steve Demetriou proposed legislation to allow the state to manage a…
A proposed legislation in Ohio seeks to incorporate Bitcoin into its financial plan. Derek Merrin, the Leader of the Ohio House Republicans, introduced the bill.
What’s behind Bitcoin’s historic rise to $108,000? From Trump’s speech to ETFs and MicroStrategy’s massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17,…
On December 13, Mohammed Azharuddin Chhipa residing in Springfield, was convicted by a federal jury on multiple counts associated with the Islamic State of Iraq and al-Sham, a foreign terrorist organization.