The digital asset subsidiary of Fidelity Investments has released a research document titled “The Rising Dollar and Bitcoin,” which takes a bullish view of Bitcoin in rising dollar markets. The resear...
Tag: Dollar
Robert Kiyosaki Says US Dollar Is Toast Citing Saudi Arabia’s Request to Join BRICS – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the U.S. dollar is toast, citing Saudi Arabia’s request to join the BRICS nations that comprise Russia, China, India...
Popular Crypto Analyst Warns US Dollar Index Preparing for Next Big Move As Altcoins Lose Critical Support
A widely followed crypto analyst is watching the US dollar index (DXY), a measure of the US dollar’s strength against digital assets, and seeing the signs of a major jump. Crypto traders read the DXY ...
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’ – Coinotizia
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an...
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’ – Economics Bitcoin News
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an...
Long-Term Status Of The US Dollar Not Dependent On Creation Of US CBDC, Says Fed Board Member ⋆ ZyCrypto
Advertisement     The long-term status of the US Dollar will not be affected even if other major jurisdictions adopted a Central Bank Digital Currency (CBDC) before a ...
U.S. Dollar Takes Center Stage
Key News Asian equities were mixed overnight on light volumes despite a strong U.S. equity performance yesterday with Hong Kong, China, South Korea, and Taiwan underperforming. Macro took center stage...
Another Multi Million Dollar Crypto Hack In October
Another Multi Million Dollar Crypto Hack In OctoberAnother Major Crypto Hack, But All Is Not LostOctober 19, 2022Moola Market tweeted that it was investigating the incident and had suspended operation...
Crypto Analyst Says US Dollar Index About To End Its Parabolic Rally, Predicts Massive Short Squeeze for Bitcoin
A closely followed crypto analyst is predicting an epic short squeeze for Bitcoin (BTC) as he believes the US dollar index (DXY) is about to lose steam. Crypto strategist Kevin Svenson tells his 116,2...
Digital Dollar May Not Happen Soon
No compelling reason to introduce a U.S. CBDC – Christopher Waller Many countries are developing CBDCs Reasons that make the dollar the dominant currency have little to do with blockchains Christopher...
China Seeks To Reduce Dependence On Dollar
China proposes an Asian-wide digital currency China aims to reduce the continent’s economic reliance on the US dollar The International Monetary Policy is also based on the US dollar China proposes an...
Ghanaian Currency Slips to Another Low Versus the US Dollar – Africa Bitcoin News
After it slipped to a rate of about 12:1, the Ghanaian cedi became the latest African currency to touch a new low versus the U.S. dollar, albeit on the unofficial foreign exchange market. Having start...
China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used internati...
New Zealand Dollar Market Report October 2022
The New Zealand Dollar is the world’s tenth most-traded currency. Techemynt is the issuer of the NZDS, a blockchain-based stablecoin that combines the stability and value of the New Zealand dollar wit...
Digital Dollar May Not Happen Soon, Here’s Why
Wahid Pessarlay Fed Governor Christopher Waller argues that there is no compelling reason to introduce a U.S. CBDC Christopher Waller, a member of the board of governors of the U.S. Federal Reserve Sy...
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar – Finance Bitcoin News
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against t...
China floats idea of ‘Asian yuan’ to reduce reliance on US dollar
Researchers from a Chinese state-run think tank have floated the idea of an Asia-wide digital currency with the aim of reducing its reliance on a United States dollar-based economy. The views of rese...
How long can the Hong Kong dollar peg hold?
The USD/HKD price has been in a consolidation phase at the upper side of its peg in the past few months. It has remained at 7.85, which is about 1.30% above its pandemic low of 7.750. So, how long wil...
Can an Asian CBDC displace the dollar? 1
A China-based think tank has discussed the idea of designing and developing an Asian CBDC, which could be used across the region. This idea was floated to help the continent reduce its dependence on t...
Should you buy or sell the US dollar ahead of today’s US CPI report
The main event of the trading week is the US CPI report scheduled for release today during the North American session. Inflation has been a headache for central banks in the aftermath of the COVID-19 ...
House legislation ‘best shot’ for digital dollar competition
Crypto industry players are optimistic that lawmakers could pass a new stablecoin law next year, they said during a financial conference in Washington, D.C. “I think it is the best shot the U.S....
3 Food Stocks That Beat The “Dollar Bulldozer,” Hike Dividends 92%+
Empty shopping cart in the supermarket getty One thing we always demand in a stock is a megatrend-powered dividend that grows. And there aren’t many megatrends bigger than the soaring need for (and ti...
Strong Dollar Is ‘Wrecking’ Asia’s 2023 Hopes, Too
getty When lexicographers make lists of the top phrases of 2022, the “wrecking ball” moniker economists attached to the dollar is sure to rank prominently. A dominant theme of the first 10-plus months...
Bank Of England ‘Unnecessarily’ Spooks Markets. Dollar To Get Even Stronger.
The dollar is up over 20% against the pound. Meanwhile, in Brazil, an emerging market, the dollar is … [+] down 4% so far this year. (Photo Illustration by Matt Cardy/Getty Images) Getty Images ...
JPMorgan’s Michele Warns Mighty Dollar May Trigger Next Crisis
(Bloomberg) — Bob Michele, the outspoken chief investment officer of J.P. Morgan Asset Management, has a warning: the relentless dollar could forge a path to the next market upheaval. Most Read ...
Gold price forecast amid a very strong US dollar
The US dollar bullish trend continues unabated. After briefly giving up some gains last week ahead of the September NFP report in the United States, the greenback is back at its highs. Gold trades in ...
TerraUSD’s Dollar Depeg Halts Distribution of Remaining the Assets
Join Our Telegram channel to stay up to date on breaking news coverage Luna Foundation Guard (LFG), a fund created specifically for the Terra network, remarked in a follow-up update that the distribut...
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage – Market Updates Bitcoin News
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, t...