Topline Working women over the age of 16 made 82 cents for every dollar earned by men in 2022, according to a study from Pew Research Center, released Wednesday—a rate that hasn’t meaningfully changed...
Tag: Dollar
Bitcoin price eyes $24K retest as US dollar dives into monthly close
Bitcoin (BTC) headed toward $24,000 at the Feb. 27 Wall Street open as a strong weekly close translated into further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin gains $1...
Lamar Jackson and the NFL’s Salary Cap Capably Indicate What ‘Inflation’ Isn’t
Baltimore Ravens quarterback Lamar Jackson took a big chance on himself last season. Rather than sign a long-term deal with the Ravens that would have been measured in the hundreds of millions, he dec...
Emerging Markets Will Have to Weather Another Dollar Hurrah
(Bloomberg) — A cohort of Wall Street’s emerging-market bulls is growing wary of calling a new dawn for riskier assets, opting for a more cautious approach to developing-nation currencies. Most ...
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency – The Weekly Bitcoin News
In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate...
How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets
The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focus...
Stablecoin Dominance At 9-Month Low After SEC Targets Binance Dollar
Stablecoin dominance has been declining all year, but recent threats by the SEC might have pushed it lower. The metric, which tracks how much of crypto’s total market value is stablecoins, has dropped...
Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs
Bitcoin (BTC) stayed lower at the Feb. 24 Wall Street open as United States macroeconomic data showed inflation biting back. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PCE sparks fres...
Crypto Prices Marketwide Nosedived as Dollar Hits a 7-Week High
Santiment tweeted this morning that the S&P 500 and BTC took a knock yesterday. Strong US inflation and spending data released yesterday caused crypto prices to tumble. At press time, the price of...
The World’s Most Painful Trade Is Finally Ending as Dollar Peaks
(Bloomberg) — Some of the world’s top investors are betting the worst of the dollar’s rampage is over after the surge upended the global economy in ways that had few parallels in modern history....
US Dollar Strength & Political Rhetoric Weigh On Markets, Week In Review
China Last Night KraneShares Week in Review Asian equities were mostly lower this week, following US equities south as positive internet earnings, which kicked off this week, could not stem the market...
US dollar strength is eroding as global investors urged to take action
When the investing climate changes and the value of the US dollar declines, the CEO and founder of one of the biggest independent financial advice, asset management, and fintech organizations in the w...
Lucid, Nvidia, Dollar General, Sunrun and more
A sign is posted at the Nvidia headquarters on May 25, 2022 in Santa Clara, California. Justin Sullivan | Getty Images Check out the companies making headlines in early morning trading. Lucid Motors —...
Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case – Bitcoin News
Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business ...
R. Kiyosaki says ‘fake’ dollar is pushing the ‘American empire to its end’
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has warned that the weakening U.S. dollar is eroding the United States’ dominance in the global economy. Accordin...
Bill Vs. CBDC – Why This US Congressman Wants To Block The Fed From Issuing A Digital Dollar
Some US congressmen have expressed concerns or opposition to the idea of a Central Bank Digital Currency, or CBDC, being pushed by the US Federal Reserve. One of them is Rep. Tom Emmer (R-Minnesota),...
DXY: US dollar index upside correction has peaked
The US dollar index (DXY) strong upward correction may be about to peak. Analysts at ING, a leading European banking group, warned that the rebound may struggle to find more upside in the coming weeks...
Banks Torched After Pound Taps New Low Versus the US Dollar – Economics Bitcoin News
The Lebanese pound’s fall to its lowest ever versus the U.S. dollar, 80,000 to 1, has piled more misery on residents whose local currency-denominated savings have been decimated by inflation. The ongo...
Shanghai Breaks Out As “Competition Fears” & Strong Dollar Sink JD.com
China Last Night KraneShares Key News Asian equities were mixed overnight with Hong Kong underperforming on weakness in internet stocks. Worth pointing out that the Hang Seng and Hang Seng Tech gained...
FTX Bankruptcy Claims Sell For 16 Cents On The Dollar In Secondary Market
– Advertisement – FTX bankruptcy claims are selling for as low as 16 cents on the dollar in secondary markets. Distressed asset funds are reportedly projecting a recovery in five years. ...
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar – Economics Bitcoin News
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively...
Should you buy or sell the US dollar ahead of the FOMC Minutes?
Financial markets are quiet today as US banks are closed due to the Presidents Day holiday. As such, market participants have plenty of time to prepare for the economic events scheduled later in the t...
Dollar Rises, Stocks Face Headwinds From Fed Rates: Markets Wrap
(Bloomberg) — The dollar rose in early trading on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the g...
USP Stablecoin Losses Dollar Peg Following $8.5 Million Attack On DeFi Protocol Platypus
Join Our Telegram channel to stay up to date on breaking news coverage USP, the stablecoin of DeFi protocol Platypus Finance has lost its peg to the dollar after an $8.5 million flash-loan exploit. ...
Dollar (DXY) Reaches Inflection Point, Critical Level For Crypto Continuation
The almighty dollar and the once trending DXY is at an important inflection point, with the potential to cripple the blossoming bull market in Bitcoin and the rest of crypto, or propel it to new heigh...
Multi-million dollar transfers to CZ firms confused Catherine Coley
Reuters has reported that Binance directed over $400 million to be transferred from Binance US’s account at Silvergate bank to Merit Peak, a firm controlled by Changpeng Zhao (CZ). The transfers repor...
DXY: US dollar index could surge to $106.50
The US dollar index (DXY) made a spectacular comeback as investors assess their bets of the pace of Federal Reserve rate hikes. It jumped to a high of $104.53, the highest level since January 6, which...
Dollar Rallies, Stocks Decline on Fed Hike Bets: Markets Wrap
(Bloomberg) — The dollar rallied and stocks dropped alongside Wall Street equity futures with expectations of steeper US rate hikes growing after comments by two Federal Reserve officials. Most ...
What’s The Next Million Dollar Opportunity In Crypto?
There is little room for debate on the phenomenal growth of digital currencies seen in recent times. The use of cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), has only continued to develo...
Bitcoin price eyes $23K despite US dollar strength hitting 6-week high
Bitcoin (BTC) hit its highest in almost a week on Feb. 15 as “extremely positive” economic data boosted risk asset sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC’s price ai...