The DXY Dollar Currency Index is above the 100 level for the first time since the pandemic struck and lax monetary policy sent Bitcoin — and inflation rates — soaring. When or will the trend weaken, ...
Tag: Dollar
A Sustainable Sourcing Concept For The 40+ Billion Dollar US Pet Food Market
Americans love their pets! getty There is a start-up company based in Atlanta called Grubbly Farms which is focused on the market opportunity for environmentally friendly pet foods. Pets play an impor...
US Dollar Returns to Positive Road as Feds Give Assurance
The USD seems to be getting healthy from the impacts of the ongoing war in Ukraine. The greenback got back in line after a slight setback as per the reports. The US inflation, which was expected to br...
DTCC to Build Prototype Supporting US Digital Dollar in Clearing & Settlement Process
The Depository Trust & Clearing Corporation (DTCC), a US post-trade financial services company providing clearing and settlement services to the financial markets, announced on Tuesday that it is ...
Where will Americans spend their next dollar? CEOs are getting worried
At what point do consumers say enough is enough when it comes to paying more for goods and services? The question is top of mind for C-suite executives, regardless of industry, as inflation surges to ...
Here’s the playbook if the rest of the world breaks free from the U.S. dollar, says Credit Suisse’s monetary plumbing guru
It’s pretty well accepted that no one knows as much about the plumbing of the world’s financial system as Zoltan Pozsar, global head of short-term interest-rate strategy at Credit Suisse, who was the ...
Determining Bitcoin’s (BTC) Correlation to the Dollar Index
In this article, Be[in]Crypto takes a look at the price movement of Bitcoin (BTC), the dollar index (DXY), and the S&P 500 (SPX) to determine if they correlate with each other. S&P 500 SPX ha...
Will the US Dollar Decide Bitcoin’s Next Move? Analyst Benjamin Cowen Looks at BTC’s Connection to USD
Popular crypto analyst Benjamin Cowen says Bitcoin (BTC) traders should pay close attention to the US dollar index (DXY). In a new YouTube update, Cowen tells his 725,000 subscribers that bullishness ...
Gemini Dollar (GUSD): Will It Triumph The Stablecoin Space?
Gemini dollar (GUSD) merges the price stability and creditworthiness of the US Dollar along with the upgraded technologies utilized by a cryptocurrency. GUSD is a stablecoin backed by the US Dollar a...
‘Crazy’ US sanctions against China, Russia ‘weaponise’ financial markets, threaten to undermine dollar, former HKMA chief Joseph Yam says
The eminence grise of Hong Kong’s banking circles has come out swinging against the United States in an unusual webinar that set a strident tone against the economy with which the city’s c...
King Dollar is in no danger of losing its world financial crown
The writer is a senior fellow at Harvard Kennedy School and chief economist at Kroll Like the swallows of Capistrano, the dollar doomsayers have returned. The sanctions against Russia for its war on U...
Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype
While a CBDC can serve multiple purposes, Project Lithium is particularly focused on the needs of the financial services industry, such as how a CBDC could benefit the clearing and settlement of secur...
US dollar index forecast: What next for the DXY index?
The US dollar index (DXY) soared to the highest level since 2020 as global volatility accelerated. The index crossed the important resistance level at $100 for the first time in years. It has jumped b...
Bitcoin Plunges to $40K as Dollar Rallies
Alex Dovbnya The Bitcoin price is struggling to recover after the Fed entered an aggressive tightening cycle The price of Bitcoin plunged to an intraday low of $40,269 earlier today on the Bitstamp ex...
Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win – Bitcoin News
The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a Kleiman v. Wright retrial. The self-proclaimed Bitcoi...
Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases
The world’s largest cryptocurrency fell under $42,000 during European trading hours, hitting the lowest level since March 22 and extending the decline from the late March high of $48,240, accord...
The Dollar Strength Index Crosses 100 – Trustnodes
The dollar strength index (DXY) has reached a two years high, just about crossing 100 today to return to the upper bound created in 2015. Since then, the dollar has not stayed much at these levels wit...
Will Lighting Lab’s dream to make dollar backed by Bitcoin’s liquidity come true
Lightning Labs’ Taro has caught the attention of many Bitcoin enthusiasts for the potential it has and what Lightning Labs are selling, stating Taro will help in Bitcoin-izing the dollar since Bitcoin...
Mexico’s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to ‘Save Your Skin’ – Featured Bitcoin News
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going ex...
Australian Dollar Looks Threatened
Australian Dollar vs US Dollar Technical Analysis The Australian dollar has initially tried to rally during the day on Friday but seems to be giving up any signs of strength as the market continues to...
Senator Pat Toomey Calls For A ‘Sensible Regulatory Framework’ On Stablecoins To Keep The Dollar Atop ⋆ ZyCrypto
Advertisement     Republican Senator Pat Toomey believes that U.S regulators can find a common ground with regard to drawing up regulations for stablecoins, barely a m...
Bitcoin plumbs April lows as US dollar strength hits highest since May 2020
Bitcoin (BTC) neared new price lows for April on April 8’s Wall Street open amid a fresh surge in the U.S. dollar. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $43,000 hangs in th...
Stronger dollar prospects risk pushing down Bitcoin price to $32K
The U.S. dollar’s ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated an inverse correlation with the dollar since January 2022. BTC/USD daily price c...
US Dollar Is Closer to Its Highest in Two Years and Best in the Last Four Weeks
Foreign Exchange is a broader concept, and engagement includes people converting their current currency to another currency for tourism, commerce, and/or trade. While tourism and commerce are regular ...
A digital dollar could ‘require years of development’ before rollout, Yellen says
US Treasury Secretary Janet Yellen has said that developing a central bank digital currency – the digital dollar- could be years in the making, should the US pursue that end. Yellen made the observati...
Russia Skirts Nearer Default After Dollar Payment Blocked
(Bloomberg) — Russia slipped closer to a technical default after foreign banks declined to process about $650 million of dollar payments on its bonds, forcing it to offer rubles instead. Most Re...
Lightning Labs Unveils Taro Stablecoin Protocol to ‘Bitcoinize’ the US Dollar – crypto.news
Elizabeth Stark, the CEO of Lightning Labs, announced the debut of Taro, a new Lightning Network protocol optimized for stablecoins. Additionally, Lighting Labs completed a $70 million Series B fundin...
Lightning Labs launches Taro to “Bitcoinize the dollar”
Lightning Labs has announced the launch of Taro, a new protocol that aims to “Bitcoinize the dollar”. Backers of the project with a $70m Series B funding round included investors including Valor, Brev...
DXY: US dollar index prediction as the yield curve inverts
The US dollar index is approaching $100 as investors weigh the ongoing risks in the market and the extremely aggressive Federal Reserve. DXY is trading at $99.70, which is about 12% above the lowest l...
The Case For Bitcoin Price At $4.8M If It Trumps The Dollar To Become World’s Reserve Currency ⋆ ZyCrypto
Advertisement     VanEck thinks that the price of one Bitcoin could exceed $4 million. The investment firm posits that the crypto will have to topple the dollar as the...
Elizabeth Stark’s Lightning Labs Raises $70 Million To ‘Bitcoinize’ The U.S. Dollar
Lightning Labs CEO and cofounder Elizabeth Stark on stage at the Lightning Conference. LIGHTNING LABS / ENID VALU Bitcoin developer Lightning Labs raised $70 million from early investors in Tesla and ...
What’s Driving U.S. Dollar Trades Today?
The US Dollar is the world’s most liquid currency, but its fundamental roles shift depending on the needs and focus of the global market A textbook treatment of the ‘Greenback’ tends to treat it as a ...