This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Bear-Market Rallies Technical Strategy BTIGNov. 11: Thursday...
Tag: Currencies
Risk Currencies Retreat as China Vows to Stick With Covid Zero
(Bloomberg) — Risk currencies slumped early Monday — paring strong gains seen Friday — after Chinese authorities vowed to stick to their strict Covid-Zero stance. Most Read from Bloo...
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept – Regulation Bitcoin News
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so tha...
New Costa Rica Crypto Law May Eliminate Almost All Taxes on Virtual Currencies
Costa Rica authorities want to make a Bitcoin-friendly nation. Lawmaker Johana Obando will present a bill that may eliminate all taxes on crypto. CAR and El Salvador have already accepted Bitcoin as t...
Hoskinson predicts more crypto adoption as sovereign currencies fail
Cardano (ADA) founder Charles Hoskinson has predicted that crypto will get more adoption as the national fiat currencies of several countries start to fail. Crypto is about to get a lot of adoption as...
Japan’s And China’s Falling Currencies Should Raise Concerns For Asian Markets
getty The Japanese yen and Chinese yuan are as different as chalk and cheese. The yen is free floating and the yuan is rigidly controlled. But as the dollar strengthens in Asia due to the U.S. Federal...
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar – Regulation Bitcoin News
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Re...
This Isn’t the Bottom and Recession Isn’t Priced In, Goldman Says
Markets haven’t priced in a recession, according to analysts at Goldman Sachs Equities and credit markets are pricing in a lower risk of recession than rates and currency traders, though no asset clas...
Bitcoin (BTC) Outclasses Top Fiat Currencies In The 3rd Qtr
Bitcoin, the de facto leader of all cryptocurrencies, will be entering the month of November this 2022 with trading price that is severely subpar with what it had the same month last year. The digital...
Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take – Featured Bitcoin News
Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to th...
How Bitcoin and ETH compare to Global Currencies so far in 2022
The cryptocurrency industry has historically been more volatile than either equities or forex markets. However, since COVID, there has been increased volatility across most investible assets. Interest...
Crypto Casino Stake.com Doubles Their Supported Currencies
Join Our Telegram channel to stay up to date on breaking news coverage Crypto Casino Stake.com Doubles Their Supported CurrenciesThere’s no doubt that the worlds of blockchain technology and gaming ha...
Shiba Inu Can Now Be Bought With 100 Plus Fiat Currencies
– Advertisement – Taiwan-Based Fiat To Crypto Exchange Adds Support For Shiba Inu. Taiwan-based ACE Exchange allows users to buy over 20 cryptocurrencies with fiat via Simplex, including S...
U.K. Markets Cheer After Liz Truss Resigns. Stocks, Bonds, and the Pound Gain.
British investors cheered the resignation of Prime Minister Liz Truss, whose recent budget plans disrupted markets and prompted intervention by the Bank of England. Stocks, bonds, and the pound crept ...
International Cooperation On Digital Currencies Essential, Says ECB President ⋆ ZyCrypto
Advertisement     In July 2021, the European Central Bank (ECB) launched the digital euro project investigation phase. This phase, which is expected to run until Octob...
New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies
Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts. In a recent research piece, “The Rising Dollar and Bitcoin,” released Oct. 1...
Gate.io Partners with Cabital to Ease the Purchase of Crypto with Fiat Currencies
Gate.io, one of the world’s Top 10 largest exchanges by volume, announced its partnership with Cabital and integration with Cabital Connect, a global on-and-off ramp solution for Web3. Fiat on-and-off...
Macau’s Executive Council seeks to subject digital currencies to same regulations as fiat
Macau Macau’s Executive Council has submitted a draft of an umbrella regulatory framework that concerns the legal standardization of all currencies in the region, including digital currencies, to the ...
Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender – Regulation Bitcoin News
Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individ...
Stocks Set to Extend Declines, Currencies on Edge: Markets Wrap
(Bloomberg) — Investors are girding for another volatile week in markets, with Asian stocks poised to open lower, major currencies vulnerable to dollar strength and bond yields elevated amid per...
The Economist’s cover featuring Bitcoin along with major currencies has Twitter guessing
Twitter user @HKBelvedere recently posted a cover from the British weekly newspaper The Economist, accompanied by the text: “Another spooky cover from The Economist dropped a few days ago. Make of it ...
Can Cryptocurrencies Replace Fiat Currencies?
Perhaps you have been wondering if cryptocurrencies could replace fiat currencies someday. Whether there is a good chance or there appear to be strong odds, it will be up to you to decide. Here are so...
Wyoming Senator Cynthia Lummis: “Among all the Currencies, Bitcoin is going to emerge as the gold standard”
Keywords: Bitcoin, Senator, Cynthia Lummis Republican senator Cynthia Lummis is all-praise for Bitcoin. She believes education and regulation are important for Bitcoin adoption. Bitcoin may be among t...
How inflation and debased fiat currencies are pushing investors to Bitcoin
Bitcoin’s reputation as a safe haven asset has long been disputed by the world of traditional finance. Its lack of centralized control, extreme price volatility, and novelty made it hard to categorize...
A Strong Dollar Spells Trouble for Some U.S. Companies
The dollar has soared as the Federal Reserve has raised rates. U.S. Treasury yields now provide the best return over expected inflation in more than a decade, incentivizing investors to buy dollars to...
Bond Market Turmoil Could Last a While. How to Ride It Out.
It is an exciting time for fixed income—and a terrifying one, too. Central banks are in the midst of the most dramatic tightening of monetary policy in a generation, which has helped push yields on so...
Top Analyst Makes Case for Q4 Bitcoin and Crypto Rally As Fiat Currencies Get Crushed
A popular crypto analyst is making the argument that the last quarter of the year could bring rallies to the digital asset markets. In a new discussion with fellow analysts Benjamin Cowen and Mike fro...
EUR and GBP Ditched for Cryptocurrency as Fiat Currencies Collapse. – crypto.news
Investors dump the pound and euro for bitcoin as the currency value drops. Charts reveal massive trading of fiat currencies for crypto by investors across several countries. Investors Trade Fiat Curre...
Future rate hikes may be good for the crypto markets as major currencies are devalued against the dollar
Investor and founder Vinny Lingham wrote a series of tweets on Sept. 29 outlining a potential short-term future whereby Bitcoin will act as a store of value for those suffering a devaluation of their ...