Binance.US to introduce SHIB/USD trading pair from February 24, 2023, and delist KSHIB. Binance.US, the world’s leading exchange based on daily trading volume, has made a significant announcement for ...
Tag: Dollar
South Sudan Government Bans US Dollar Transactions – Africa Bitcoin News
The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled in the local currency. The Salva Kiir Mayardit government rep...
Upside surprise in US CPI to support the dollar in the months ahead
The much-awaited January inflation report was released today in the United States. The prices of goods and services increased by 0.5% MoM in January, as forecast. However, the yearly CPI came out hott...
NFT marketplace Blur set to raise at billion dollar valuation: sources
Part of its rise to prominence could be attributed to its schedule of airdrops — with prizes including blur tokens for traders who had different levels of engagement with the platform since its launch...
US dollar index forms a double-tops ahead of CPI data
The US dollar index (DXY) has formed a small double-top pattern as focus shifts to the upcoming American inflation data. It pulled back to a low of $103.18, which was lower than last week’s high of ne...
USD/JPY Weekly Forecast – US Dollar Building a Base Against the Japanese Yen
USD/JPY Forecast Video for 13.02.23 US Dollar vs Japanese Yen Weekly Technical Analysis The US dollar has gapped higher to kick off the trading week on Monday, and then spent the rest of the week fill...
CZ Acknowledges Bad User Experience as Binance Suspends US Dollar Transfers
Cryptocurrency exchange Binance is suspending US dollar transfers from Wednesday, but hasn’t given a reason for doing so. “We are temporarily suspending USD bank transfers as of February 8th,” a spoke...
Summary of Powell’s remarks and what it means for the US dollar
Last week it was all about the Federal Reserve’s interest rate decision and the Non-Farm Payrolls January report. Both generated increased volatility in financial markets, with the NFP report surprisi...
Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar – Economics Bitcoin News
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute fo...
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist – Economics Bitcoin News
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that th...
USD/CHF rally stalls as the US dollar index (DXY) gains steam
The USD/CHF exchange rate wavered on Tuesday after the strong Swiss jobs numbers and as the US dollar index (DXY) recovery gained steam. The pair was trading at 0.9272, which was a few points above th...
Binance crypto exchange will suspend U.S. dollar transfers
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | G...
Binance suspends US dollar bank transfers
Binance has announced that it will be temporarily halting U.S. dollar bank transfers starting on Wednesday, Feb. 8. Binance, the leading cryptocurrency exchange, has announced that it will temporarily...
Gemini Dollar Price Prediction After OKX Exchange Delists GUSD
Join Our Telegram channel to stay up to date on breaking news coverage Gemini Dollar (GUSD), a stablecoin famous for combining the creditworthiness and price stability of the U.S. dollar (USD) with th...
Binance Will Temporarily Suspend US Dollar Bank Transfers
Binance has confirmed to Decrypt that the exchange plans to pause bank transfers of U.S. dollars this week. “We are temporarily suspending USD bank transfers as of February 8th. Affected customers ar...
Binance to Pause US Dollar Bank Transfers for a Few Weeks
Join Our Telegram channel to stay up to date on breaking news coverage Binance will temporarily pause USD transfers as it looks for a new US-based banking partner to process SWIFT transactions. What –...
Bitcoin trader fears a bear market comeback: Watch the US dollar
Bitcoin (BTC) stayed motionless at the Feb. 6 Wall Street open as analysis showed an “interesting dynamic” in play on BTC price charts. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitc...
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the cry...
Binance Plans to Suspend US Dollar Transfers Using Bank Accounts
(Bloomberg) — Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work to restart the serv...
Amid food inflation, more shoppers turn to dollar stores for groceries
A man looks at frozen foods for sale at a Dollar Store in Alhambra, California on August 23, 2022. Frederic J. Brown | AFP | Getty Images Among all rising costs, sky-high grocery bills have been espec...
Bitcoin’s trillion dollar dream: Decoding if it can be a reality
ARK report predicts trillion dollar future for Bitcoin. Positive sentiment among investors and traders suggests a bright future for the king coin. The recent surge in the price of Bitcoin has reignite...
Why the 2023 stock market rally might depend on the U.S. dollar
The U.S. dollar may be losing its appeal as one of the few reliable safe-haven assets in times of economic and geopolitical uncertainty after an 18 month rally, and a further fall by the currency coul...
Opposite What Economists Believe, Rising Wages Signal Easing Inflation
In the closing months of 2020 as the horrid lockdowns related to the coronavirus began to ease, the American people started to live again. With restaurants in some cities re-opened for – gasp – actual...
AUDUSD Weekly Forecast – Australian Dollar Wipes Out Last Week
AUD/USD Forecast Video for 06.02.23 Australian Dollar vs US Dollar Weekly Technical Analysis The Australian dollar initially tried to rally but ran into a lot of trouble near the 200-Week EMA, only to...
DeFi project AllianceBlock suffers multi-million dollar hack
AllianceBlock has lost millions of dollars to hackers in a fresh attack that saw 110 million ALBT tokens stolen from Bonq, a Polygon-powered decentralized borrowing project. Bonq exploited AllianceBl...
The Dollar Strength Index Nears a Yearly Low – Trustnodes
The dollar strength index (DXY) is close to falling below 100 for the first time since April as the euro gains, rising from below parity to near $1.1. The uptrend for USD starting in May 2021 now also...
Blockchain IM apps to reach over half-billion dollar valuation by 2030
Blockchain use cases continue to surface as the technology becomes more accessible, with some use cases, such as blockchain-based messaging applications, on the cusp of mass adoption. According to a n...
Investor Who Called Crypto Bottom Predicts Multiple Coins Will Reach Trillion Dollar Valuations Next Bull Market
A veteran of the crypto space is anticipating the next bull market for digital assets, and predicting that multiple projects will reach trillion-dollar valuations. In a new interview with Bankless, fo...
Gemini dollar shows signs of volatility, OKX delists stablecoin
The Gemini dollar (GUSD) started showing signs of volatility — depegging from the US dollar. According to CoinMarketCap (CMC) data, GUSD’s price has not been stable over the past month. The stablecoin...
What is Dollar Cost Averaging (DCA) as Explained to a 5-year-old
Dollar-cost averaging is a widely used investment strategy that helps mitigate the risk associated with investing in volatile assets, such as cryptocurrencies and stocks. The strategy involves investi...
Market strategist David Rosenberg: U.S. stocks will drop 30%. Wait to buy them.
David Rosenberg, the former chief North American economist at Merrill Lynch, has been saying for almost a year that the Fed means business and investors should take the U.S. central bank’s effort to f...