“Bitcoin Is The ‘Backdrop’ To A Failing US Dollar,” Says Wyoming Senator-Elect

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. дальше »

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Long Bitcoin, Short USD Says BoA Global Fund Manager Survey

A survey of 190 Chief Investment Officers, Asset Allocators and Portfolio Managers seen by Trustnodes has come up with a clear message: long bitcoin, short the dollar. The long bitcoin... дальше »

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Fund Managers Long Bitcoin and Short Dollar, According to Bank of America Survey

BofA's December fund manager survey finds that going long on Bitcoin is the third most crowded trade дальше »

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Charted: Ripple (XRP) Approaching Make-or-Breaks Levels, $0.47 Is The Key

Ripple is struggling to settle above $0. 5000 and slowly declining against the US Dollar. XRP price must stay above $0. 4800 and $0. 4750 to avoid a major downside break. Ripple formed a swing high near $0. дальше »

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TA: Ethereum Rising Steadily, Why ETH Could Surge Past $600

Ethereum remained in a positive zone above $580 against the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher once it clears the $595 and $600 resistance levels. Ethereum found support near the $575 level and started a fresh increase. дальше »

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TA: Bitcoin Holds Strong Above $19K, Why BTC Could Test and Break $20K

Bitcoin price is gaining bullish momentum above $19,400 against the US Dollar. BTC spiked above $19,500 and it could continue to rise towards the $20,000 resistance. Bitcoin is showing a lot of positive signs above the $19,000 and $19,200 resistance levels. дальше »

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Bitcoin to $20K? It All Depends on US Dollar Performance This Week

Bitcoin wobbled into the start of this week’s trading session, moving between losses and gains on its neutral weekly outlook. The benchmark cryptocurrency was trading at $19,115. 54 as of 10:45 GMT, down 0. дальше »

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Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold

Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […] The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News. дальше »

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Charted: Litecoin Bullish Breakout Suggests Larger Rally To $90

Litecoin price is up over 5% and it broke the main $80. 00 resistance against the US Dollar. LTC is showing positive signs and it could continue to rally towards $90. 00 or $95. 00. Litecoin started a strong increase above the $74. дальше »

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TA: Ethereum Turns Green Above $580, Why $600 is Still a Crucial Hurdle

Ethereum started a steady increase and climbed above $580 against the US Dollar, similar to bitcoin. ETH price is consolidating gains and it could correct lower in the short-term. Ethereum gained bullish momentum above the $565 and $575 levels. дальше »

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Ethereum (ETH) is About to See “Liftoff” if It Closes Above $580

Ethereum is recovering higher from the $535 support zone against the US Dollar. ETH price must surpass $580 to start a strong rally towards $600 and $620 in the near term. ETH price found support near $535 and started a steady recovery against the US Dollar. дальше »

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Why Bitcoin Price Looks Ready For Another Leg Over $19,500

Bitcoin price started a steady upward move from the $17,500 support zone against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,000. Bitcoin is trading in a positive zone above the $18,500 and $18,200 support levels. дальше »

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Origin Dollar compensation plan marks progressing maturation of DeFi space

Traders and developers are trending towards greater DeFi depositor protections in unison

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Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency

Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U. S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever trust,” he warned governments. дальше »

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Algorand Blockchain Adds Canadian Dollar Backed Stablecoin, QCAD, On Its Platform

Algorand blockchain welcomes its third stablecoin, QCAD, the Canadian dollar stablecoin built, issued, and managed by Stablecorp, a Canadian based fintech firm founded in a joint partnership with 3iQ, Canada's largest crypto asset manager, and Mavennet Systems, a blockchain development firm. дальше »

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Charted: Ripple (XRP) Signaling Bearish Continuation Below $0.55

Ripple is struggling to clear the $0. 5800 resistance against the US Dollar. XRP price is showing bearish signs and it could accelerate lower below $0. 5420. Ripple topped just above the $0. 6000 level before starting a fresh decline against the US dollar. дальше »

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TA: Why Ethereum Below $550 Indicates A Larger Decline Towards $500-520

Ethereum failed to surpass the main $580 resistance against the US Dollar. ETH price is declining and it is showing bearish signs below the $560 and $550 levels. Ethereum topped near the $577 level and started a fresh decline below $565. дальше »

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TA: Bitcoin Signaling Downturn, Why BTC Could Trade To New Monthly Low

Bitcoin price is showing bearish signs below $18,050 against the US Dollar. BTC is now likely to continue lower and it could even trade below $17,500 Bitcoin is showing a few bearish signs below the $18,200 and $18,500 resistance levels. дальше »

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Bitcoin Bounces Toward $18,400 as MassMutual Unveils $100m BTC Purchase

Bitcoin underwent a strong plunge yesterday evening to $17,700. The cryptocurrency crashed as the stock market faced a correction and as the U. S. dollar showed a bit of strength after a brutal showing over the past few weeks. дальше »

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Bitcoin Will Gain From The Growing Distrust In Traditional Asset Classes: Morgan Stanley Analyst

The United States dollar has been the world’s premier reserve currency for a century now, but bitcoin has the potential to dethrone the greenback in the long-run and end its long-lived dominance. This is according to an analyst at the U. дальше »

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Canadian dollar stablecoin launched on Algorand blockchain

Blockchain platform Algorand announced today that the digital Canadian dollar 'QCAD' stablecoin will be moving to the Algorand platform. Algorand claimed it would support instant confirmation, micropaThe post Canadian dollar stablecoin launched on Algorand blockchain appeared first on AMBCrypto. дальше »

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Canadian Dollar Stablecoin Launches on Algorand Blockchain

Canadian Dollar Stablecoin Arrives on Algorand Thanks to a partnership between Stablecorp and Algorand, the QCAD will soon be available via the Algorand blockchain. Stablecorp describes the QCAD as the “first Canadian dollar stablecoin designed for the mass market. дальше »

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Bitcoin will gain from ‘distrust in traditional alternatives’

Morgan Stanley Investment Management’s Chief Global Strategist, Ruchir Sharma thinks that the current financial system, the United States dollar, in particular, is facing significant competition froThe post Bitcoin will gain from ‘distrust in traditional alternatives’ appeared first on AMBCrypto. дальше »

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Bitcoin will gain from distrust in traditional finance, says bank strategist

Will Bitcoin end the dollar’s supremacy one day?

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TA: Ethereum Remains Vulnerable, Why Close Above 100 SMA Is The Key

Ethereum declined towards the $530 zone before recovering above $550 against the US Dollar. ETH price is now facing a strong resistance near the $580 level and the 100 hourly SMA. Ethereum started a strong recovery wave above the $550 and $565 resistance levels. дальше »

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TA: Bitcoin Recovery Capped, Why $18.6K Is A Major Breakout Zone

Bitcoin price extended its decline towards the $17,650 level before correcting higher against the US Dollar. BTC is now facing hurdles near $18,600 (the previous key support). Bitcoin is facing hurdles near the previous support at $18,500 and $18,600. дальше »

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Bitcoin ‘Making Progress’ on Bid to Oust Dollar, Morgan Stanley Chief Global Strategist Says

Bitcoin's success should force governments to grapple with falling public trust in fiat currencies. дальше »

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“Short the Dollar”, says Bitcoin-friendly US Congressman, Warren Davidson

US Congressman Warren Davidson, a Bitcoin proponent, tweeted on Tuesday, “Short the Dollar. ” This has been in response to the Twitter account of Forbes Crypto asking the community to sum up cryptocurrencies in 2020 in three words. дальше »

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Huobi’s Dollar Pegged Stablecoin, HUSD, to Debut on Nervos Blockchain

Nervos, the public blockchain eyeing to rival Ethereum for China’s DeFi market, is integrating the HUSD stablecoin, according to an announcement on Dec 8. HUSD is a dollar-pegged stablecoin issued by Stable Universal Limited, an Huobi-backed venture. дальше »

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Why Bitcoin will replace US Dollar as the World's Reserve Asset

Why Bitcoin will replace US Dollar as the World's Reserve Asset is as much a story of the United States Dollar, as it is of Bitcoin. It started when United States GDP was a third of the world's GDP anThe post Why Bitcoin will replace US Dollar as the World's Reserve Asset appeared first on AMBCrypto. дальше »

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“The Adoption of Bitcoin by Institutional Investors Has Begun” Says JP Morgan

Bitcoin is coming for gold, says one JP Morgan analyst, while another Morgan Stanley analyst says it is coming for the dollar. “The adoption of bitcoin by institutional investors has only begun,... дальше »

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Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar

A survey commissioned by Satoshilabs finds that from the 45. 8% of American respondents that say they own cryptos, nearly all of them (95%) believe cryptos to be a genuine currency solution. In addition, about 31. дальше »

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Charted: Ripple (XRP) Breakdown Looks Real, Why It Could Retest $0.45

Ripple failed to clear the $0. 6150 resistance and broke a major support at $0. 5740 against the US Dollar, similar to bitcoin and ETH. XRP price is likely to continue lower towards $0. 5100 or even $0. дальше »

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TA: Ethereum Dives To $550, Why More Downsides Seem Likely

Ethereum started a strong decline after it failed to surpass $600 against the US Dollar. ETH price declined over 6% and it is now trading near the $550 level. Ethereum started a strong decline after it failed to clear the $600 and $602 resistance levels. дальше »

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TA: Bitcoin Corrects 5%, Why Upsides Could Remain Capped Near $18.6K

Bitcoin price declined more than 5% and broke many supports near $18,500 against the US Dollar. BTC could correct higher, but upsides might face hurdles near $18,600. Bitcoin started a fresh decline after it failed to stay above the $19,000 support. дальше »

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Michael Saylor: Bitcoin’s Cyber Hornet

Michael Saylor has been a bitcoin evangelist and dollar doomsayer for less than 6 months. But the bits that would become his bitcoin philosophy began forming three decades ago. дальше »

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Olaf Scholz Calls Facebook Dollar “A Wolf”

The German Finance Minister has stated in very clear terms that Diem, formerly known as Libra, will simply not be allowed. “A wolf in sheep’s clothing remains a wolf. Germany... дальше »

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MicroStrategy Announces Private $400 Million Investment Round to Purchase More Bitcoin

MicroStrategy CEO Michael Saylor, an ex-Bitcoin bear turned bull, has already invested hundreds of millions of dollars of the company’s reserve treasury into Bitcoin. As both Saylor and MicroStrategy see it, Bitcoin is a strong store of value and hedge against inflation that will likely outperform the dollar long-term. дальше »

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Charted: Ripple (XRP) Signaling Next Crucial Break, $0.62 A Key Barrier

Ripple is trading in a contracting range above $0. 6000 against the US Dollar. XRP price is setting up for a major break either above $0. 6200 or below $0. 5800. Ripple is showing a few positive signs above $0. дальше »

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TA: Ethereum Hesitates, Why Close Above $600 Could Spark Fresh Surge

Ethereum is trading in a range below the $600 and $602 resistance levels against the US Dollar. ETH price could start a strong surge if there is a successful close above $600. Ethereum is facing a strong resistance near the $600 and $602 levels. дальше »

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TA: Bitcoin Stuck In A Crucial Range, Why $19.5K Is The Key

Bitcoin price is still trading in a broad range below the $19,500 resistance against the US Dollar. BTC must gain strength above $19,500 to start a fresh rally in the near term. Bitcoin is facing a strong resistance near the $19,500 and $19,580 levels. дальше »

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Snowden: The Dollar Has Lost 99% Of Its Value Against Bitcoin

Bitcoin has set a new all-time high in 2020, and could potentially be close to breaking above $20,000 for the first time in its history. Along the way, since the creation of the first-ever cryptocurrency, the United States dollar has lost more than 99% of its value against BTC. It is a scenario that is […] дальше »

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The US Dollar Lost 99.9% of its Value to Bitcoin in Just Last 8 Years

Whistleblower Edward Snowden, a Bitcoin advocate, tweeted on Monday, “Today I learned the dollar had lost 99. 93% of its value since 2013 (relative to Bitcoin). ” Recently, Crypto Twitter also called on President Donald Trump to grant clemency to Snowden, activist Julian Assange, and Silk Road founder Ross Ulbricht. дальше »

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NEM (XEM) price analysis: bulls eye rebound to $0.30

The price of NEM (XEM) against the US dollar could climb to $0.30 in…

The post NEM (XEM) price analysis: bulls eye rebound to $0.30 appeared first on Coin Journal.

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TA: Ethereum Lacks Momentum Above $600, Why Holders Are Still Safe

Ethereum is facing a strong resistance near the $600 and $602 levels against the US Dollar. ETH price must settle above $602 to start a strong increase in the near term. Ethereum climbed higher, but it is facing a strong selling interest near $600. дальше »

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TA: Bitcoin is Facing Uphill Task, Why Bears Could Gain Strength Below $19K

Bitcoin price broke the $19,200 resistance, but it is still struggling near $19,500 against the US Dollar. BTC could decline sharply if there is a clear break below $19,150 and $19,000. Bitcoin is struggling to gain bullish momentum above $19,400 and $19,500. дальше »

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Ethereum (ETH) Needs To Clear $605 For Hopes of a Fresh Rally

Ethereum is consolidating in a contracting range above the $565 support against the US Dollar. ETH price must surpass $05 to start a strong upward move towards $625 and higher. ETH price found support near $565 and started a steady recovery against the US Dollar. дальше »

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How Bitcoin Price Could Setup A Strong Surge Above $19.5K

Bitcoin price started a steady recovery from the $18,580 swing low against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,500. Bitcoin is rising steadily above the $18,800 and $19,000 resistance levels. дальше »

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CNBC Runs Segment Discussing Dollar Drop, Bitcoin Rally

But over the past few weeks, and ever since April really, the U. S. dollar has been in a steep decline. Many in the cryptocurrency space and in the broader investment world see this as a win for alternative currencies such as gold and even Bitcoin. дальше »

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Companies Hoarding Trillions in Cash While Others Invest in BTC And Are ‘Rewarded by the Public Markets’

The US Dollar index has been on a decline ever since March, currently down at multi-year lows. Despite this, US companies have accumulated the largest pile of cash ever. At the end of June, the cash holdings of non-financial companies had grown to a record $2. дальше »

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