2022-4-9 21:39 |
The strength in the U.S. dollar may keep Bitcoin and select altcoins under pressure in the short term.
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USD reaches 23-month highs while the Russian ruble joins in on the surprise gains.
2022-4-9 17:16 | |
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Financial inclusion is a big driver behind looking into a possible U.S. central bank digital currency, but whether or not it would solve the problem has yet to be determined.
2022-3-31 19:11 | |
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Surging commodities and a strong dollar add to stock traders' woes, with Goldman Sachs' former CEO wondering why crypto assets are not "having a moment."
2022-3-8 15:47 | |
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“A U. S. CBDC may be one potential way to ensure that people around the world who use the dollar can continue to rely on the strength and safety of U.
2022-2-19 00:15 | |
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The Chief Information Officer for multination banking giant Citi has made a dire prediction about the U.S. dollar, claiming that it will devalue further over the next decade. The post Dollar May Devalue 20% Over Next Decade, Says Citibank CIO appeared first on BeInCrypto.
2021-12-16 16:20 | |
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2021-11-5 20:06 | |
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El Salvador is on a mission to popularize the use of Bitcoin within the country's borders and it may be reaching its goal, one citizen, at a time. According to President Nayib Bukele, the adoption of The post El Salvador prefers Bitcoin over the US dollar appeared first on AMBCrypto.
2021-10-18 03:30 | |
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Traders are net-long on the US dollar for 12 straight weeks thanks to the Fed suggesting a possible tapering next month. Meanwhile, bitcoin adoption as legal tender is expected to grow even more strongly in the coming years.
2021-10-10 16:42 | |
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Bitcoin price traded to a new weekly low at $44,012 before recovering losses against the US Dollar. BTC is back above $47,000 and it may attempt to clear the $48,000 resistance. Bitcoin started a decent increase above the $45,500 and $46,000 resistance levels.
2021-8-20 06:08 | |
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The net long dollar position has grown to $2. 99 billion this week, up from just $399. 69 million in the previous week. Meanwhile, bitcoin net shorts are rising as the BTC price surges to $42,500, last seen in May.
2021-8-1 17:08 | |
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According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U. S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin.
2021-7-18 14:00 | |
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Amidst the growing inflation rate and the constantly depleting value of its foreign reserves, due to the US Federal Reserve’s endless dollar printing, Ethiopia may be the next sovereign state to integrate bitcoin (BTC) into its economy, in order to beat impending hyperinflation.
2021-7-14 05:00 | |
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During the first quarter of 2021, the total spending on NFTs was more than $2 billion. While the number may still look small when compared to the size of the overall crypto market, it represents a surge of around 2,100% from the numbers it registered in Q4 2020.
2021-6-30 19:40 | |
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Fed’s vice chair for supervision, Randal Quarles, calls for taking “strong account of the potential benefits of stablecoins” while being skeptical about a CBDC, arguing potential benefits of a digital dollar are unclear and can pose considerable risks.
2021-6-29 17:46 | |
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Downside risks for BTC price are also heightened due to the recent dollar bounce.
2021-6-19 13:00 | |
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According to billionaire investor Ray Dalio, the CBDC race seems to be heating up, and China may emerge a winner. Digital Yuan To Outpace Digital Dollar Bridgewater Associates founder Ray Dalio pointed out that China's digital yuan could serve as a threat to the continued dominance of the US dollar in the global marketplace.
2021-6-1 20:38 | |
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Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U. S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (IFF) 2021 in Beijing on May 30th.
2021-6-1 21:22 | |
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The Nigerian naira currency lost further ground against major currencies after it depreciated to 493 nairas for one dollar on the black market on May 25, 2021. Before the latest depreciation, the currency had stabilized at around 485 nairas to the dollar.
2021-5-28 11:30 | |
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It has been a tough few weeks for XRP. After dropping down to $0.65 last week, the asset was consolidating right around the $1 dollar psychological range. However, the coin might be looking forward toThe post XRP Price Analysis: 27 May appeared first on AMBCrypto.
2021-5-28 02:39 | |
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Dogecoin exceeded $90 billion at the beginning of May 2021 . DOGE started out as a joke, so how did this coin reach these heights? The post The Story of Dogecoin — A Multi-Million Dollar Joke appeared first on BeInCrypto.
2021-5-24 18:00 | |
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Bitcoin price remained well supported near the $56,000 support zone against the US Dollar. BTC is rising and it may soon break the key $60,000 resistance zone. Bitcoin found support above $56,000 and started a fresh increase.
2021-5-10 05:48 | |
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Meanwhile, the Fed Chair is in no rush to issue a digital dollar either as the focus is on doing it right than doing it fast. The post SEC Commissioner Hester Peirce: Stablecoins May Be USA’s Answer to China’s Digital Yuan first appeared on BitcoinExchangeGuide.
2021-4-30 17:15 | |
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According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […]
2021-4-9 10:30 | |
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Galaxy Digital chief executive fears chaos may ensue as Bitcoin surges while the US… The post Bitcoin rise and dollar slump will create chaos – Mike Novogratz appeared first on Coin Journal.
2021-4-8 17:12 | |
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U.S. dollar weakness is painting a bullish short term outlook for Bitcoin in April.
2021-4-3 17:00 | |
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Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
2021-3-27 17:03 | |
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Ripple is consolidating above the key $0. 4500 support zone against the US Dollar. XRP price is showing bullish signs and it may soon rally above the $0. 5000 resistance. Ripple formed a support base above $0.
2021-3-9 09:48 | |
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While many analysts predict that either Bitcoin could increase to a million or fall to a dollar, a popular businessman and investor based in the US thinks that the asset could do both! In a recent The post 'Bitcoin could reach $1 million or $1, and may do both of those' appeared first on AMBCrypto.
2021-2-27 02:30 | |
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In his latest market insight, Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone said that financial markets may now want to replace US Dollar reserves with Digital Dollars and BitcoiThe post 'Markets want Bitcoin and digital dollar as reserve currency' appeared first on AMBCrypto.
2021-2-23 00:30 | |
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Polkadot’s DOT remained strong above the $25. 00 support zone against the US Dollar. It is now trading nicely above $28. 00 and it may soon surpass the $30. 00 resistance zone. DOT started a fresh increase after a minor correction towards the $25.
2021-2-16 10:08 | |
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Bitcoin price recovered nicely after diving towards the $46,000 zone against the US Dollar. BTC is eyeing a fresh increase above $49,000 and it may even test the $50,000 barrier. Bitcoin started a fresh increase after correcting lower to $45,700.
2021-2-16 06:18 | |
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Stablecoins like Tether (USDT), directly pegged to the US dollar, require minimal price fluctuations. Since Tether claims that each US dollar physically backs each USDT, this increase in Tether production may show an increase in demand for stablecoins as a whole.
2021-2-11 23:21 | |
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Bitcoin price started a strong surge above the $42,000 resistance against the US Dollar. BTC traded to a new all-time high near $47,500 and it remains supported for more gains. Bitcoin started a strong increase above the $40,000 and $42,000 resistance levels.
2021-2-9 06:18 | |
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Dogecoin may have a long way to go to hit $1, but the stock market may not be in the mood to doubt the power of r/Wallstreetbets.
2021-1-28 11:42 | |
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Bitcoin price may see a relief bounce first before retesting the $30,000 support.
2021-1-11 18:35 | |
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“Altcoin season” may have begun as coins aside from Bitcoin and Ethereum take center stage, outperforming strongly against BTC and the United States dollar. The post Altcoins explode higher: Synthetix, Uniswap, and more rally by over 20% appeared first on CryptoSlate.
2021-1-6 06:00 | |
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Facebook’s Libra digital currency project may finally hit the ground running in January 2021 with the launch of a dollar-pegged stablecoin. The single digital currency pegged to the dollar is a far cry from the ambitious plans first introduced back in 2019.
2020-11-27 12:17 | |
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The dollar has lost significant value against the Chinese Yuan (CNY) since May of this year. It has dropped from $1 buying you 7.2 CNY to now just 6.5 CNY,...
2020-11-23 18:21 | |
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Bitcoin has continued its price rally to $18100 after crossing key resistance levels and this puts the year-to-date ROI of Bitcoin over 135% against the dollar. Six months post the halving of May 2020The post $339 Billion and counting, why Bitcoin's market cap is the big picture appeared first on AMBCrypto.
2020-11-20 18:15 | |
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Bitcoin’s market cap is rapidly surpassing the monetary base of multiple national currencies, and it looks like the Canadian dollar is next.
2020-11-11 03:29 | |
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Bitcoin’s short-term trend has grown somewhat unclear as of late, with the cryptocurrency being unable to extend its momentum past $13,800 This level has historical significance, as it is where BTC’s uptrend stalled back in the summer of 2019 when it rallied The sharp rise in the US Dollar’s value that took place yesterday may have been what sparked this movement Despite it now consolidating at just above $13,000 as bulls and bears reach an […]
2020-10-30 02:00 | |
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MakerDAO has voted not to compensate victims of the "Black Thursday" flash crash, a former Pantera partner is launching a new crypto-focused fund and bitcoin may be headed to the doldrums as the U.S. dollar rises.
2020-9-25 18:35 | |
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Bitcoin price still has a CME futures gap unfilled at $9,600 but that doesn’t mean $11K won’t be reclaimed soon.
2020-9-25 18:24 | |
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Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […]
2020-9-23 02:00 | |
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Agriota E-Marketplace may give farmers in India more access to the UAE’s multi-billion dollar food industry.
2020-9-1 09:20 | |
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The Winklevoss twins —the founders of the regulatory compliant Gemini, are convinced the U. S. dollar is no longer a reliable store of value. Instead, their confidence is on Bitcoin. Gold and Oil as Store of Value Assets On Aug 27, the Winklevoss twins penned an article detailing why the digital asset may rise to $500k a pop,Read MoreRead More.
2020-8-28 17:02 | |
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When trading, many of the market's traders have often observed a low correlation between Bitcoin and other global financial assets. That is interesting, but not unexpected since as a prospective storeThe post U.
2020-8-23 19:30 | |
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Bitcoin has been under pressure over the past three days after peaking at $12,500 earlier this week. Some argue that the retracement is purely based on technicals. But if you check the charts, there seems to be an evident inverse correlation between the value of the U.
2020-8-22 11:00 | |
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Bitcoin price is experiencing one of the largest pullbacks yet since the asset broke up through resistance at $10,000. The explosive move, prompted in part by the collapse of the dollar, may be reversing just as the greenback readies its comeback against other currencies, gold, and crypto.
2020-8-19 18:00 | |
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IOTA’s price is showing signs of bottoming out, signaling a potential rebound ahead of the upcoming Rebased protocol upgrade. IOTA (IOTA) rose to an intraday high of $0.3195 on Thursday, gaining about 13% from its lowest level this week. The…
JasmyCoin’s price rebounded sharply as sentiment in the cryptocurrency industry improved following the Federal Reserve’s interest rate decision. JasmyCoin (JASMY), a popular mid-cap digital asset, surged 25% on Thursday, reaching a high of $0.
Litecoin’s price surged on January 30 as expectations grew that the Securities and Exchange Commission will approve a spot ETF. Litecoin (LTC) jumped more than 12%, reaching an intraday high of $135. It has now soared 165% from its lowest…
Polygon coin retreated and flipped a key support level as its ecosystem slowdown persisted. Polygon (POL) dropped to $0.3910 on Tuesday, marking a decline of 47% from its December 2024 highs. Nansen data shows that active addresses on the Polygon…
Cardano, the popular layer-1 network, has seen little movement this year, but several fundamentals and technical patterns point to a potential bullish breakout. Cardano (ADA) was trading near the critical support level at $1 on Tuesday, down about 27% from…
Pepe, the third-largest meme coin by market cap, dropped to its lowest level since November 13 as whales sold off their holdings, pushing exchange balances higher. Pepe (PEPE) dropped to a low of $0.00001210, down by over 54% from its…
The AI market is experiencing a crypto crash today, with major tokens like GRIFFAIN, GRIFT and FARTCOIN plummeting by as much as 30%. AI-related tokens experienced a crypto crash today as the total market cap for AI tokens across the…