The Petrodollar and Its Discontents Point to Bitcoin's Role in the Financial Future

Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better?

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Ethereum Price Smashes Resistance, $1,900 Could Be Next

Ethereum price started a decent increase above the $1,870 resistance against the US Dollar. ETH could attempt an upside break above the key $1,920 resistance. Ethereum is slowly attempting a recovery wave from the $1,840 support zone.

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BNB Price Prediction: Risk of Sharp Drop Below $300

BNB price (Binance coin) is moving lower below the $310 support against the US Dollar. The bears could gain strength if there is a close below $300. Binance coin price is moving lower from the $318 resistance against the US Dollar.

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Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?

The United States’ debt ceiling is one step closer to being raised, but Larry Fink says trust in the U.S. dollar is being eroded, which could be good news for Bitcoin.

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ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

Cardano’s price is attempting a recovery wave above $0. 375. ADA could gain bullish momentum if it settles above the $0. 3850 resistance zone. ADA price is slowly moving higher from the $0. 360 zone against the US dollar.

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Ethereum Price Could See “Liftoff” If ETH Clears This Resistance

Ethereum price started a recovery wave above the $1,780 level against the US Dollar. ETH must clear $1,820 to start a decent increase in the near term. Ethereum is currently consolidating below the $1,820 resistance zone.

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Ethereum Price Trims Gains and Could Revisit Key Range Support

Ethereum price failed to surpass $1,880 and declined against the US Dollar. ETH is struggling and might continue lower toward the $1,790 support. Ethereum is currently moving lower from the $1,880 resistance zone.

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Litecoin Price Prediction: LTC Could Surge 10% If It Clears This Resistance

Litecoin price is attempting an upside break above $93 against the US Dollar. LTC could rally if it clears the $93 and $95 resistance levels. Litecoin is slowly moving higher toward $95 against the US Dollar.

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U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say

Per Observers, U.S. Treasury's efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower.

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Tron Price Prediction: TRX Extends Rally As Bulls Eye $0.08

Tron price is up over 5% and gaining pace above $0. 072 against the US Dollar. TRX outperformed Bitcoin and could rise further toward $0. 080. Tron is trading in a positive zone above the $0. 0720 pivot level against the US dollar.

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Ethereum Price Remains Range Bound As Bulls Await The Next Major Move

Ethereum price is facing a barrier near the $1,840 resistance against the US Dollar. ETH could attempt another upside break if it clears the $1,825 and $1,840 resistance levels. Ethereum is currently facing many barriers near the $1,840 resistance zone.

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Canada And Australia Continue Consultation And Research Into CBDCs

According to a May 8, 2023 press release, the Bank of Canada has launched online public consultations to understand the features that could be included in a digital Canadian dollar. The consultation seeks to understand how Canadians would likely use a Canadian digital dollar, what security features are important, and accessibility and privacy concerns. The […]

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Binance Australia can’t process Australian Dollar fiat deposits

Binance Australia said it could no longer process PayID Australian Dollar deposits for users because of “a decision” made by its third-party payment service provider. According to a May 18 statement, the exchange confirmed its users could process bank transfer withdrawals from its platform.

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Ethereum Price Indicators Suggest A Strengthening Case For Surge Above $1,850

Ethereum price is still below the $1,840 resistance against the US Dollar. ETH could start a decent increase if it clears $1,840 and $1,850. Ethereum is currently facing a strong hurdle near the $1,850 resistance zone.

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Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,850

Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could face bearish moves if there is a break below the $1,800 support. Ethereum is currently facing a strong barrier near the $1,850 resistance zone.

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US default will see Bitcoin become a more trusted safe haven asset than the dollar, survey says

Retail investors would prefer Bitcoin over the dollar in case of a default, a new survey says. A US default could be here as early as June 1, experts have warned. Standard Chartered analyst Geoff Kendrick previously predicted a 70% jump for Bitcoin price in case of a US default.

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Regulation Key To Solutions Crypto Could Offer To The De-dollarization Debate

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Ethereum Bears Hesitate But Further Downsides Seem Likely

Ethereum price is moving lower below the $1,800 support against the US Dollar. ETH could accelerate lower toward the $1,650 support in the near term. Ethereum is currently moving lower from the $1,850 resistance zone.

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Ethereum Price See “Liftoff” if It’s Able to Hold One Crucial Level

Ethereum price is struggling to clear the $1,850 and $1,880 resistance levels against the US Dollar. ETH could start a decent increase unless there is a close below $1,800. Ethereum is currently moving lower from the $1,880 resistance zone.

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Litecoin Price Prediction: LTC Recovery at Clear Risk on Two Factors

Litecoin price is attempting a recovery wave from $75 against the US Dollar. LTC could struggle to clear $82 or $85 and might start another decline. Litecoin is slowly moving higher and correcting toward $82 against the US Dollar.

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Bank of Canada Queries Citizens on Canadian Dollar CBDC, but Opposition Is Building

The Bank of Canada announced on Monday that it is seeking feedback from the public on the digital Canadian dollar CBDC and the features that could incorporate. The post Bank of Canada Queries Citizens on Canadian Dollar CBDC, but Opposition Is Building appeared first on BeInCrypto.

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Trillion dollar coin could be good news for Bitcoin, Cardano, Solana

The US government could be forced to print a $1 trillion coin soon. Democrats and Republicans are yet to reach an agreement on a debt ceiling. Analysts expect that the two sides will ultimately reach an agreement.

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Bitcoin Is The Lifeline Argentina Desperately Needs

Facing inflation, rising interest rates and reliance on the U.S. dollar, Argentina could solve many of its problems with Bitcoin adoption.

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Ron DeSantis: A Digital Dollar CBDC’ Not Going to Work in Florida

Florida Governor Ron DeSantis has renewed attacks on a centrally backed digital currency (CBDC) that could 'monitor every single transaction.' The post Ron DeSantis: A Digital Dollar CBDC’ Not Going to Work in Florida appeared first on BeInCrypto.

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Dogecoin Price Prediction: Doge Hits Bearish Circuit and Could Drop To $0.07

Dogecoin started a fresh decline from $0. 0820 against the US Dollar. DOGE is declining and might drop toward the $0. 065 support zone. DOGE failed to clear $0. 0820 and started a fresh decline against the US dollar.

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Ethereum Price Just Signaled “Sell” And It’s Vulnerable to More Losses

Ethereum price started a fresh decline below the $1,920 level against the US Dollar. ETH could extend losses if there is a clear move below the $1,840 support. Ethereum is moving lower from the $1,940 resistance zone.

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Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH could surge toward $2,000 or $2,050 if it clears the $1,920 resistance. Ethereum is moving higher toward the $2,000 resistance.

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BNB Price Breaking This Confluence Resistance Could Spark a Significant Surge

BNB price (Binance coin) is consolidating above the $320 support against the US Dollar. It could start a major increase if there is a break above $335. Binance coin price is trading in a range above $320 resistance against the US Dollar.

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Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar.

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Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $1,900

Ethereum price started an upside correction above $1,850 against the US Dollar. ETH could start another decline if it continues to struggle near $1,900. Ethereum is attempting an upside correction above $1,850.

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XRP Price Prediction: Ripple Bears Target Fresh Lows As Sentiment Dips

Ripple is struggling to recover above the $0. 48 resistance against the US Dollar. XRP price could extend losses if there is a close below the $0. 44 support. Ripple started a fresh decline from the $0.

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Ethereum Price is Plunging, But It’s Too Early to Say Uptrend Is Over

Ethereum price extended its decline below the $1,850 level against the US Dollar. ETH could continue to move down if it stays below the $1,880 resistance. Ethereum remained in a bearish zone and traded below $1,850.

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Ethereum Price Looks Set For Another Leg Over $2K

Ethereum price is trading in a positive zone above $1,850 support against the US Dollar. ETH could rally toward $2,000 if it stays above the $1,880 support. Ethereum is consolidating and facing resistance near the $1,925 level.

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SOL Price Prediction: Solana Topside Bias Vulnerable Unless It Surges Past $23

Solana is struggling below the $23 resistance against the US Dollar. SOL price could decline again if there is a clear move below the $20 support. SOL price is showing bearish signs below the $23 barrier against the US Dollar.

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Ethereum Price Could Regain Bullish Momentum Above $1,900

Ethereum price started an upside correction from $1,800 against the US Dollar. ETH could continue to rise if it clears the $1,900 and $1,920 resistance levels. Ethereum is correcting losses from the $1,800 support zone.

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XRP Price Prediction: Ripple Trades Near Make-or-Breaks Levels

Ripple is consolidating above the $0. 440 support against the US Dollar. XRP price could recover if it clears the $0. 480 resistance zone. Ripple started a fresh decline from the $0. 5380 zone against the US dollar.

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Ethereum Price Signaled “Sell” And Remains At Risk of More Losses

Ethereum price is showing bearish signs below $1,920 against the US Dollar. ETH could continue to move down if it clears the $1,800 support zone. Ethereum failed to recover and stayed well below the $1,920 resistance.

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ADA Price (Cardano) Close Below $0.38 Could Spark Larger Degree Correction

Cardano’s price started a fresh decline from the $0. 460 resistance. ADA could decline further if there is a clear move below the $0. 38 support. ADA price declined heavily from the $0. 460 resistance against the US dollar.

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Ethereum Price Vulnerable To More Losses If It Stays Below $1,920

Ethereum price extended its decline below $1,920 against the US Dollar. ETH could continue to move down if it breaks the $1,820 support zone. Ethereum traded further lower below the $1,920 support.

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Ethereum Price Hesitates But This Trend Line Might Trigger Fresh Increase

Ethereum price extended its decline below $1,950 against the US Dollar. ETH could start a fresh increase if it clears the $1,960 and $2,000 resistance levels. Ethereum traded further lower below the $1,950 support.

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BNB Price Takes Hit But 100 SMA Could Trigger Fresh Increase

BNB price (Binance coin) faced a strong rejection near $350 against the US Dollar. it declined heavily and now trading near the key $320 support zone. Binance coin price declined sharply from the $350 resistance against the US Dollar.

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XRP Price Prediction: Ripple Bulls Aim For $0.60 or Higher

Ripple is consolidating above the $0. 500 support against the US Dollar. XRP price could rally if there is a clear move above the $0. 535 resistance. Ripple started a fresh increase from the $0. 500 zone against the US dollar.

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Ethereum Price Stuck In Key Range And 100 SMA Could Spark Fresh Increase

Ethereum price remained well-supported above the $2,050 zone against the US Dollar. ETH could gain bullish momentum if it clears the $2,125 resistance. Ethereum is showing positive signs but facing resistance near the $2,125 level.

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Litecoin Price Prediction: LTC Looks Ready For Another Leg Higher Over $105

Litecoin price is gaining pace above the $100 zone against the US Dollar. LTC could rise further if there is a clear move above the $105 resistance zone. Litecoin started a fresh increase above the $98 zone against the US Dollar.

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Ethereum Price Close Above $2,125 Could Spark Another Surge

Ethereum price started a downside correction below the $2,100 level against the US Dollar. ETH found support near $2,050 and now aiming for a fresh increase. Ethereum started a short-term downside correction below the $2,100 level.

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ADA Price (Cardano) Indicators Suggest A Strengthening Case For Fresh Rally

Cardano’s price started a fresh increase above the $0. 40 resistance. ADA could rise further if it clears the $0. 450 resistance zone. ADA price is gaining bullish momentum above the $0. 400 support against the US dollar.

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Ethereum Bulls Take Breather, This Scenario Could Trigger A Correction

Ethereum price extended its increase above the $2,000 resistance against the US Dollar. ETH is slowly moving lower and might decline if it breaks the $2,075 support. Ethereum started a strong increase above the $2,000 and $2,050 resistance levels.

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SOL Price Prediction: Solana Rally Seems Far From Over, $30 Soon?

Solana is moving higher above the $23 resistance against the US Dollar. SOL price could rally further if there is a clear move above the $25 resistance. SOL price is showing positive signs above the $22 pivot level against the US Dollar.

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BNB Price Targets Fresh High Above $350, Bitcoin Drags Market Higher

BNB price (Binance coin) is gaining pace above the $320 level against the US Dollar. It could rise further toward $350 or higher, similar to Bitcoin. Binance coin price is showing bullish signs above the $315 level against the US Dollar.

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