Dollar General Corporation (NYSE:DG) and Dollar Tree Inc (NASDAQ:DLTR) are two very similar brands. They both serve the cost-conscious customer. Dollar Tree serves the market for products priced below...
Tag: Dollar
500 Million Dollar Outflow From The Biggest Bitcoin ETF in the world
The Purpose Bitcoin ETF had to sell a whopping 500 million dollars worth of Bitcoin at Friday’s prices. Bitcoin dropped even below 20,000 USD. This has instilled a huge fear in the minds of traders. P...
Why A Strong Dollar And Retail Inventory Blunders Could Help Push Inflation Down By Next Year
Topline Despite increased concerns over a looming recession, a growing number of experts believe that upcoming discounts and easing supply chain disruptions may help cool the rate of inflation more qu...
Congressman Jim Himes puts out white paper for digital dollar
With heightened political attention on digitizing the dollar, one member of Congress has laid out his vision. On June 22, Rep. Jim Himes (D-CT) released a white paper called “Winning the Future ...
Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues
“A U.S. CBDC would have advantages over privately issued stablecoins and crypto‐assets, most notably the ability to be backed by the full faith and credit of the U.S. government, like traditiona...
Dollar General is a hold as mini breakout gets underway
Dollar General Corporation (NYSE:DG) has positive prospects in the shorter and longer-term. These were the assertions of Oppenheimer analysts about one week ago. The analysts pointed out that Dollar G...
Firms Halt Multi-Million Dollar Partnership Deals with Sports Brands – crypto.news
Cryptocurrency market participants are now finding it increasingly difficult to ink new multi-million dollar partnership deals with top sports brands in the United States as compared to 2021, due to t...
Ruble strengthens against the dollar
Ruble stronger than the dollar The Russian economy is the enemy to be put down and the sanctions imposed by a powerful part of the world (US, Europe, UK) are aimed at this purpose, nonetheless David (...
Tron’s USDD Stablecoin Still Hasn’t Recovered Its Dollar Peg
Tron’s stablecoin has yet to reclaim parity with the greenback USDD hit an all-time low of $0.9255 on June 19 USDD Market Cap – $704,861,106 Tron’s recently sent off USDD stablecoin has exchanged unde...
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’ – Economics Bitcoin News
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On...
UK Financial Ltd Secures a Multi-Million Dollar Line of Credit with Trustfinco Banking Institution
Place/Date: – June 20th, 2022 at 11:57 am UTC · 2 min read Source: UK Financial Ltd UK Financial Ltd today announced that it has received a Multi-Million Dollar line of credit with Trustfinco Ba...
One Week Later, TRON’s Terra Ripoff Is Still Worth Less Than a Dollar
Key Takeaways TRON’s USDD has extended its slide below $1. It’s been trading below peg for a week now. USDD briefly hit $0.93 over the weekend despite various interventions from the TRON D...
Time for that Euro vacay? The euro and the dollar will soon be equal for the first time in 20 years, but about that flight …
If you are one of the many Americans excited to start traveling again this summer, you might want to consider Europe. Ever heard of it? Even if historic ruins, vibrant culture, and good food aren’t yo...
Should you buy the US dollar amid the Fed delivering a 75bp rate hike?
2022 appears to be the year of historic central banks’ decisions. After the European Central Bank (ECB) faced a daunting task last week, it followed up with an emergency meeting yesterday. But markets...
The Federal Reserve Cannot ‘Tighten’ Credit, and It Never Could
Back before Facebook was a public company, founder Mark Zuckerberg had a bit of a reputation with venture capitalists. He would show up to meetings in shorts, flip flops, and with messy hair. His not-...
Tron’s Decentralized USD Stablecoin Continues to Slip From Dollar Peg – crypto.news
USDD, the Tron-backed algorithmic stablecoin, is still struggling to regain its dollar peg, which it lost on Monday. Short Sellers Hit Tron Trouble started brewing in the Tron ecosystem on June 13 whe...
Tron’s USDD Stablecoin Slips From Dollar Peg Amid Crypto Market Crash
Amid Monday’s crypto market crash, Tron‘s recently launched algorithmic stablecoin USDD lost its dollar peg, slipping to a low of $0.9764 according to data from CoinMarketCap. At time of p...
DXY index: Here’s why the US dollar could rise to $107
The DXY index has been in a bullish momentum in the past few weeks. US dollar index has jumped to a 20-year high of $105.6 as investors wait for the upcoming interest rate decision by the Federal Rese...
JP Morgan’s Cryptocurrency Strategy Entails A Multi-Trillion Dollar Investment
As illustrated by Aave Arc and a recently announced collaboration with Siam Commercial Bank and Compound Treasury, institutional DeFi entails implementing know-your-customer criteria on crypto’s permi...
When We’re Not Booming and Busting a La Bitcoin, We’re Stagnating
As most are aware, the various cryptocurrencies are in correction mode at present. Some of this is rooted in a reality discussed in this column a few weeks ago about why these private money concepts l...
Tron’s USDD Stablecoin Slips Further From Dollar Peg — Despite Overcollaterized Reserve ⋆ ZyCrypto
Advertisement     Tron’s algorithmic stablecoin, Decentralized USD (USDD) remained below its intended price peg with the U.S. dollar on Tuesday even after the team beh...
U.S. dollar and Russian ruble trading at all-time highs as FX markets unmoved by inflation woes
As the broader financial markets worry about inflation and possible additional tightening, the U.S. dollar reached its highest level since November 2002. More specifically, the trade-weighted U.S. dol...
Fears of another Terra-UST implosion simmer as Tron’s USDD stablecoin loses dollar peg
? Want to work with us? CryptoSlate is hiring for a handful of positions! Tron’s algorithmic stablecoin, USDD, has raised fears and speculations in the crypto market after its price dipped to $0.97 an...
Bitcoin Slumps to $22K as U.S. Dollar Hits Two-Decade High
Alex Dovbnya Bitcoin is close to dropping levels, at which MicroStrategy would have to face margin call Bitcoin, the world’s largest cryptocurrency, has extended its sell-off, plunging to an int...
Is USDD losing its peg with the dollar?
During this very difficult day for the crypto markets, USDD is in danger of losing its peg with the dollar. Historic low for USDD USDD is the algorithmic stablecoin of the Tron ecosystem, pegged to t...
Dollar Tree, Northrop Grumman Lead 5 Stocks That Should Be On Your Watchlists
Dollar Tree (DLTR) and Northrop Grumman (NOC) count among this week’s top stocks to watch, as they set up in bases near key levels in a challenging market. X Norwegian state-owned oil giant Equi...
USD/JPY Price Forecast – US Dollar Pulls Back Slightly
US Dollar vs Japanese Yen Technical Analysis The US dollar has pulled back significantly during the trading session on Friday but has also found buyers underneath to turn things around and show signs ...
Soaring Dollar Is ‘Only Safe Haven Left’ After Hot US Inflation
(Bloomberg) — Investors are rushing to buy dollars after US inflation accelerated to a fresh 40-year high last month, adding pressure on the Federal Reserve for more aggressive interest-rate inc...
Novatti Group To Launch New Stablecoin Tied To Australian Dollar In Collaboration With Ripple And Stellar ⋆ ZyCrypto
Advertisement     Novatti Group, an international payments processor, has announced that it’s developing a new stablecoin pegged to the Australian dollar in partnershi...
Circle’s Disparte Calls CBDCs ‘a Preposterous Idea’ in Digital Dollar Debate
Those differences were on full display in the panel discussion at Consensus 2022 on whether the U.S. Federal Reserve should issue a digital dollar or leave such innovation to the private sector. Dante...
Wall Street sends BTC price to $30.8K as latest US dollar uptick fails
Bitcoin (BTC) showed strength at the June 8 Wall Street open as impatient traders waited for a trend to emerge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin still in “no trade z...
Texas Rangers Confident Half-Billion Dollar Middle Infield Will Eventually Pay Big Dividends
Texas Rangers’ Corey Seager, left, and Marcus Semien and Tampa Bay Rays’ Yandy Diaz look up at the … [+] video board during a challenge in the seventh inning of a baseball game Wedne...