The city financial Authority (HKMA) has warned that stablecoins may undermine the Hong Kong dollar. A recent free discussion paper concerning its retail financial organization’s digital currency, e-HK...
Tag: Dollar
US Dollar Will Remain Global Reserve Currency, Says It ‘Has Great Inertia’ – Economics Bitcoin News
In remarks that appear to pour cold water on assertions that digital currencies will topple the U.S. dollar anytime soon, a former governor of the Chinese central bank, Zhou Xiaochuan, insisted the gr...
Dollar Touches Trend Line That Brings The Best Bitcoin ROI
Bitcoin price is still in a short-term downtrend. Meanwhile, the dollar has gone completely parabolic in the face of Fed monetary policy tightening and record-setting inflation numbers. The spike in t...
Central bank tries to slow weakening yuan vs US dollar
The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China’s economic growth. Fotoholica Press | Lightro...
Turbulence in crypto markets as US dollar value soars
Bitcoin wiped out its rally of yesterday and fell under $38,000 at time of going to press. Meanwhile, the DXY, the US Dollar Currency Index, continued its steep climb as investors choose the perceived...
Bank Of Canada Governor Maintains That Its Financial System Would Always Be Built Around The Canadian Dollar, Not Crypto ⋆ ZyCrypto
Advertisement     The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country’s financial system. Tiff Macklem...
Canadian dollar to remain and concerns about blockchain and stablecoins rise
The blockchain capital of the world is a distant dream for Canada for the time being The Canadian dollar will stay at the focal point of the country’s monetary framework A promise by a resistance chi...
Is it safe to buy the US dollar index as it surges to 2020 highs?
The US dollar index (DXY) continued its bullish trend on Tuesday as investors waited for the upcoming consumer confidence data. It is trading at $101.82, which was the highest level since March 23rd, ...
Build a million dollar empire with Quitriam Finance (QTM), Ethereum (ETH) and Litecoin (LTC).
Cryptocurrencies are continually evolving and improving their system characteristics in order to give better returns for investors and entrepreneurs. With the increased competitiveness of new coins en...
Algorithmic Stablecoins: Dollar Doppelganger? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Algorithmic stablecoins are witnessed as to be an equalizer considering the restrictions which both, the dollar and crypto assets possesses. Algorithmic stablecoin backers have the audacity to claim t...
Trad and crypto markets plunging as dollar climbs steadily
World markets are taking a tumble right now. Practically all asset classes are down. Which stocks, commodities and cryptos will survive this potentially extremely heavy downturn? Red is the colour acr...
Stablecorp Gets $1.5m to Launch Canadian Dollar DDR
Stablecorp, a Canadian financial technology company, has received $1.5 million strategic growth capital in its pre-Series A funding round to develop VCAD, Canada’s first Canadian dollar (CAD)-backed D...
Algorithmic Stablecoins – A Dollar Copycat?
Are algorithmic stablecoins trying to clone the intrinsic qualities of fiat money or dollar; like security? The recent craze over algorithmic stablecoins has stirred mixed reactions from the crypto co...
US Dollar Continues to Power Higher Against the Japanese Yen
US Dollar vs Japanese Yen Weekly Technical Analysis The US dollar has rallied during the course of the week to show signs of strength yet again. After all, the market has broken above the ¥128 level. ...
US Dollar Dominance and Global Divisions Will Benefit Crypto, Says Binance CEO Changpeng Zhao – Here’s Why
The CEO of a global digital asset exchange says the relevance and adoption of cryptocurrencies will swell as geopolitical tensions rise and the US dollar hegemony grows. In a new video with Circle chi...
Buy Dollar Tree on a retracement as it could offer a chance in an overheating economy
Dollar Tree, Inc. (NASDAQ:DLTR) is one of the top gainers in the last six months. The stock has added more than 63% in six months and is up more than 7% in the last 30 days. The stock has outperforme...
Australian Dollar Falls Against the US Dollar, with Surge in US Yield
Forex brokers are institutions or individuals who have been duly authorized to perform transactions related to foreign exchange. In the case of Australia, forex brokers must be authorized by the Austr...
How Dollar Parabola Breakdown Could Boost Bitcoin Price
Hate all you want; the US dollar is still the most dominant force in finance, and the global reserve currency. It is the de facto base currency in most trading pairs, even against Bitcoin. Because of ...
Trading the winners and losers from the dollar at two-year highs
Wall Street may be underestimating the dollar’s jump to two year highs. “With each passing day the dollar goes higher. That creates more of a headwind for the multinationals in the market ...
Bitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K
Bitcoin (BTC) closed above a crucial level into April 20 as the daily chart offered a long-awaited “buy” signal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Bitcoin is a buy at...
US Dollar Holds Ground Against JPY and CHN While Wall Street Rises
The global market changes have put the greenback on the right track in the forex market. The USD has outrun several currencies from the Asia-Pacific in the last 24 hours alone. Specifically, the curre...
Coffeezilla Drops 20 Plus Allegations On SafeMoon’s ‘Billion Dollar Fraud’
In his most extensive investigation to date, internet sleuth Coffeezilla has fired a laundry list of allegations at SafeMoon and its founders. Coffeezilla went as far as to allege that SafeMoon founde...
Bitcoin climbs above $41K on Wall Street open as gold dives, dollar cements highs
Bitcoin (BTC) reclaimed $41,000 on April 14 as the first day of Western stock market trading after Easter painted a more bullish picture. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView An...
RBA to Release Meeting Minutes to Counter the Strength of the US Dollar
Forex, short for Foreign Exchange, is when one currency is exchanged for another. The rate for a currency depends on its supply and demand, affecting how much a person pays to secure the other currenc...
US dollar index forecast: Here’s why the DXY has surged
The US dollar index (DXY) continued its bullish trend as the bond sell-off eased slightly. The index is trading at $100.77, which is the highest it has been since 2020. It has jumped by over 12% from ...
As Europe Seeks Alternatives, the Australian Dollar May Rise
The Australian Dollar is the fifth most traded foreign currency on the exchange board. Reasons could be trade, commerce, or tourism, and the Australian Dollar was the Australian Pound from 1910 to 196...
US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with all quiet on traditional markets but a storm brewing in crypto. As the Easter long weekend continues for the United States and much of Europe, traders are keenly e...
Monetarism Imagines a World That Doesn’t Exist…And That Never Has
Last Monday Johns Hopkins economists John Greenwood and Steve Hanke penned an opinion piece for the Wall Street Journal that made a confident case for the Federal Reserve as planner of so-called “mone...
Why Robinhood CEO Believes Dogecoin Is Better Than US Dollar
Dogecoin, the pioneer meme cryptocurrency, has been getting billed by its fans as a possible de facto internet transactional currency. Vlad Tenev, CEO and co-founder of Robinhood, has been the latest ...
Cardano Multi-Billion Dollar Whales’ Holdings Signal Strong Fundamentals — What’s Next For ADA? ⋆ ZyCrypto
Advertisement     Faltering market sentiments have not deterred massive buying of leading cryptocurrencies like Cardano (ADA). Amidst a lingering price drop, top whale...
Epic Epic Raise, A Billion Dollar Avatar Shoppe, Remio To Gamify VR Training
Epic continues to run the table when it comes to the three Ms: Metaverse, Momentum and Money. Last week they showed off Unreal Engine 5, which is already creating astonishingly photorealistic games. T...