Central Asian country Kazakhstan is closer to legalizing digital currencies as President Kassym-Jomart Tokayev has doubled down on his interest in making the country a leader in digital technologies. ...
Tag: Currencies
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies – Finance Bitcoin News
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transacti...
Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?
Meanwhile, what’s directly hammering dollar exchange rates is a more technical second-order impact of rising prices in the U.S. As Jerome Powell and the Federal Reserve raise interest rates to fight d...
Crypto Bust: China Collars 93 For Laundering $5 Billion In Digital Currencies
China has become a hotbed of illicit crypto trade lately. The country has earned quite a reputation in the international community when it comes to scams and illegal activities involving cryptocurrenc...
The U.K. Economy Is Having a Meltdown. Why It’s Going to Get Worse.
The recent sharp drop in the British pound and in U.K. government bonds means traders are at panic stations, with repercussions being felt across the globe. The spectacular drops in the past month wer...
Bitcoin and Gold Contenders to Outperform as Fiat Currencies Devalue
As inflation continues to ravage economies across the globe, fiat currencies are beginning to suffer the impacts of devaluation. Assets such as Bitcoin and gold could be the beneficiaries according to...
Steve Forbes: Strong currencies can help control inflation, not interest rate hikes
Forbes Media Chair Steve Forbes has warned that governments and central banks have ignored the significance of having stable currencies by emphasizing interest rate hikes to curb inflation. On Monday,...
Best 3 Currencies To Invest In Right Now! – Shiba Inu (SHIB), ApeCoin (APE), and Flasko (FLSK)
It might be difficult to find the next big thing in crypto when there are over 20,000 different digital assets to choose from. In-depth analysis by crypto experts and investors has helped us zero in o...
Financial Crisis Redux Looms in Asia as Major Currencies Crack
(Bloomberg) — Asian markets risk a reprise of financial crisis-level stress as two of the region’s most important currencies crumble under the onslaught of relentless dollar strength. Most Read ...
Weekly MacroSlate: Fed scores a hat-rick of 75bps hikes as currencies start to collapse worldwide against the DXY including Bitcoin
Macro Overview Fed scores a hat-trick The fed delivered its third consecutive 75 basis point hike accompanied by higher forecasts of future rates, pushing the dollar index and fixed income yields to n...
September Was Bad for Investors. October Could Be Worse.
Text size Market chaos has hit stocks, bonds, commodities, currencies, and futures. It’s hard to see it ending soon. Michael M. Santiago/Getty Images It’s a bumpy, volatile, no good, very bad market o...
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’ – Economics Bitcoin News
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat cu...
The US dollar is decimating world currencies — Quartz
Americans traveling outside the US will find that they are about 14% richer than they were at the beginning of the year. That’s because the dollar has risen that much against some of the world’s most ...
Europe’s Unfolding Crises Could Impact U.S. Stocks. Here’s How.
U.S. investors are watching the Federal Reserve but the European Central Bank is likely to keep hiking rates to pull down prices, and those moves deserve more attention. Graeme Sloan/Bloomberg Text si...
IMF Says Crypto Has Greater Potential as a Payment Method Over Weak Currencies – crypto.news
The International Monetary Fund (IMF) released a report stating that cryptocurrencies have greater potential as a form of payment compared to weak currencies. According to the IMF, crypto hedges signi...
Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments – Regulation Bitcoin News
The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential pa...
A Martian Assesses The Great 1970s Inflation
At the Federal Reserve conference in Jackson Hole this week, all attention was on inflation. Chair Jerome Powell seemed to have moved the markets when his tight-money comments coincided with a 1000-po...
Ethereum And Other Currencies To Invest In
– Advertisement – Most people in different world nations are nowadays interested in digital tokens. It is because digital tokens can provide people with huge returns. Moreover, digital inv...
Stablecoin Vs Fiat Currencies: Features, Difference, And Factors
Stablecoins are digital currencies that are linked to a “stable” reserve asset, such as the US dollar or other national currencies. Stablecoins, as opposed to unpegged cryptocurrencies like Bitcoin, a...
What’s next for digital currencies? Here’s what experts have to say about the future of crypto
The whole world has fallen in love with cryptocurrencies over the past few years. What people once regarded as a rather strange or even downright ludicrous idea, has turned into a global phenomenon, a...
The Euro Hit Parity With the Dollar Again. This Time, the Weakness Might Last.
Text size The euro is at parity with the dollar. Photo by INA FASSBENDER/AFP via Getty Images The euro fell enough to achieve parity with the dollar again. Don’t be surprised to see more weakness in t...
Five Reason To Trade Forex Currencies With PrimeXBT
Although PrimeXBT is primarily known amongst the crypto community, the platform in the past won The Forex Awards for Best Cryptocurrency and Forex Broker, and Best Crypto Trading App. As a result the...
Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies – Economics Bitcoin News
This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is exp...
Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies – Coinotizia
This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is exp...
BitMEX launching Foreing Currencies Tied Swap Contracts
Crypto derivatives exchange – BitMEX – is stepping into the traditional financial space. This came in the form of the launching of foreign currencies tied to perpetual swap contracts. On Friday, Augu...
The Dollar Will Only Fall When There’s Somewhere Else for Investors to Flee To
Text size It would be difficult to find a currency to dethrone the dollar. Asif Hassan/AFP/Getty Images About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He wa...
Users Can Now Buy Baby Doge Coin (BabyDoge) With 20 Fiat Currencies Including USD, EUR, GBP
– Advertisement – Estonia-based crypto to fiat gateway, Guardarian added support for Shiba Inu’s rival Baby DogeCoin (BabyDoge). Guardarian, a ready-to-use registration-free fiat to crypto...
Tumbling Markets Imperil Tech, the Dollar, and Private Equity
Text size Japan has had to intervene to support the sliding yen for the first time since 1998, even as it tries to keep its interest rates low. Akio Kon/Bloomberg The world has been hooked on cheap mo...