It’s hard to fathom now given the debased nature of the monetary discussion today, but when Ronald Reagan ran for president in 1980, a standard line in his speeches was that “No nation in history has ...
Tag: Dollar
The dollar loses purchasing power towards Bitcoin
The fight for market recognition of Bitcoin as the main currency in the US and around the world is already history, at least in terms of numbers. The dollar has lost 97% (97.58% as of Wednesday) of it...
OpenSea is investigating rumors of a multi-million dollar NFT exploit
advertisement The nascent market for non-fungible tokens was sent into a tizzy Saturday evening after millions of dollars worth of NFTs on OpenSea were swiped by a hacker. At the time of writing, it i...
Rodent infestation leads to recalls at more than 400 Family Dollar stores
A woman walks by a Family Dollar store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Discount chain Family Dollar is voluntarily recalling several of its ...
Family Dollar Products Contaminated By Rodents, Birds, Urine, Feces In 6 States
Family Dollar has issued a voluntary recall of various products sold at 404 different stores in … [+] Alabama, Arkansas, Louisiana, Mississippi, Missouri and Tennessee. (Photo by Robert Alexande...
Ukraine Issue Persists, Affects US Dollar and Japanese Yen
Russia and Ukraine continue to indulge in border issues. There is a possibility that Russia may soon attack its neighbor, as predicted by experts. Joe Biden, President of the United States of America,...
Big crypto critic invests a billion dollar in a crypto-friendly Bank
Crypto ecosystem has attracted several proponents with its tremendous potential. Simultaneously the industry also faces notable criticism across the globe. Where many billionaires found digital curren...
Important: Know about the crypto founder who escaped from million dollar crypto scam
Thomas the founder of a decentralized autonomous organization (DAO) on Twitter, has detailed how he nearly lost all of his ETH to a social engineering fraud. In a lengthy thread, he detailed how scamm...
Non-Fungible Tokens to represent a multi-billion dollar market?
What are Non-Fungible Tokens(NFTs): Non-Fungible tokens are unique and collectable items widely popular in the cryptocurrency industry. NFTs are the crypto assets that behave differently and offer opp...
US dollar index (DXY) prediction ahead of US retail sales data
The US dollar index (DXY) retreated slightly in the overnight session as investors embraced a risk-on sentiment. It is trading at $96, which is about 0.45% below the highest level this week ahead of t...
NZ and AUD Dollar Remain Flat While Commodity Gains
The week started a bit sluggish as the geopolitical concerns in Ukraine affected the market. The effects elevated as inflation widens its reaches, affecting New Zealand and Australian dollars. The AUD...
‘Bank of Jamaica Will Roll Out Digital Jamaican Dollar in 2022,’ Says Prime Minister – Bitcoin News
According to an announcement from Jamaica’s Prime Minister Andrew Holness the Bank of Jamaica plans to “roll out” its central bank digital currency (CBDC) after the country’s successful pilot last yea...
Cricketers Receive Million Dollar Paydays At Indian Premier League Auction
Ishan Kishan received a massive pay day. (Photo by Pankaj Nangia/Getty Images) Getty Images The cash flowed at the Indian Premier League’s flashy mega auction on February 12-13 to illustrate the heft ...
With crypto in focus, Circle’s Allaire sees US winning the digital dollar race
The rise of cryptocurrencies, one of the biggest financial trends to emerge in years, has raised the stakes for regulators to exert more influence over the sector, while protecting investors. The rapi...
US dollar index (DXY) analysis after the strong inflation data
The US dollar index (DXY) retreated on Thursday as investors reflected reacted to the latest inflation data. It is trading at $95.60, which is about 1.90% below the highest level this year. US inflati...
Mining is the best way to dollar cost average into Bitcoin at a discount
What if you don’t have to pay ~ $43,000 to stack 1 Bitcoin? If you are the owner of ~ 2,050 S19j pros (Bitcoin Miners), today you would mine 1 BTC and only pay $11,241.43 in electricity expenses (assu...
Bitcoin Reached Dollar Parity 11 Years Ago
Alex Dovbnya Bitcoin, the world’s first cryptocurrency, reached one of its significant milestones to date 11 years ago It has been 11 years since the price of Bitcoin, the flagship cryptocurrenc...
Dollar Is at Its Highest Against Yen While ECB Remains Hawkish
As traders wait to review the inflation data of the United States of America, the US Dollar has gone up against the Japanese Yen. It has now touched a value that is the highest in the last one month. ...
Federal Reserve and MIT Begin Developing a New Digital Dollar
The United States Federal Reserve and researchers at the Massachusetts Institute of Technology (MIT) are collaborating on a central bank digital currency (CBDC) initiative called Project Hamilton. Pro...
Fed Designs Digital Dollar That Handles 1.7 Million Transactions Per Second
As the race against China’s development of its central bank digital currency (CBDC) known as the digital yuan continues, the U.S. Federal Reserve accomplished a feat in testing a design for a U.S. dig...
DXY: Is it safe to buy the US dollar index after strong NFP data?
The US dollar index (DXY) pair continued its strong performance on Monday morning as focus remained on the latest American jobs data. It is trading at $95.50, which is slightly higher than last week’s...
Digital Dollar Bullish for Bitcoin (BTC)? Grayscale Head Says CBDC Could Create Tailwinds for Crypto
The CEO of digital asset titan Grayscale Investments says that a central bank digital currency (CBDC) can propel Bitcoin (BTC) into further adoption and growth. In a new interview on CNBC’s Squawk Bo...
Should you buy the dollar index ahead of US NFP data?
The US dollar index (DXY) has fallen in the past six straight days. It is trading at $95.25, which is about 2.2% below the highest level in January. It is also trading at the lowest point since Januar...
Why The US Is Taking So Long To Build A Digital Dollar
conceptual finance image of American one hundred dollar bill and binary code of one and zero getty What Happened On January 20th 2022, the US Federal Reserve Board released its initial concept paper f...
Euro Spikes Against The Dollar as Lagarde Hints at Tightening – Trustnodes
The European Central Bank (ECB) has kept interest rates at zero but Christine Lagarde, ECB’s president, said there was “unanimous concern” among policy makers about inflation. “Compared with our expec...
Jamaican dollar CBDC poised for an early rollout in Q1 2022
CBDC for Jamaica will launch in Q1 2022 after successful trials conducted It minted J$230 million in the trial phase as part of its pilot program Digital wallets were used to carry out P2P transacti...
Is Digital Dollar an end to Companies Like PayPal?
Digital Currency can transform the way society thinks about money. The rise of cryptocurrencies such as Bitcoin, Ethereum, and thousands of other cryptocurrencies have woken up the central banks, who ...
Jamaican Dollar CBDC Ready for Public Roll Out in Q1 2022
According to a recent interview between Reuters and Natalie Haynes, who is the deputy governor for banking operations and financial markets infrastructure with the Central Bank of Jamaica, its nationa...
Australian Dollar Recovers While US Dollar Falls Further
The week started on a rough note for the dollar as the safe haven dropped again on Tuesday. The currency has been on a falling spree ever since the Fed hinted at increasing the interest rates in March...
Daiso Is The Dollar Store With A Yen For U.S. Market
Daiso’s new Las Vegas store was only its latest excursion into the American market. Photo: Warren Shoulberg What happens when you combine a dollar store with Muji, the Japanese minimalist design...