A stablecoin is a cryptocurrency that is pegged to a certain fiat currency. It provides stability for investors of crypto, making transactions easier. USDD, a stablecoin created by the founder of the ...
Tag: Dollar
Crypto benefits from weak dollar
The dollar is down today and the crypto ecosystem is making hay. Dollar rolling over Today dawned fair for crypto as the dollar waned against most other assets. USDT domination looks as though it migh...
Opposite Neel Kashkari’s Analysis, ‘Surge Pricing’ Has Nothing to Do with Inflation
“Our models seem ill equipped to handle a fundamentally different source of inflation, specifically, in this case, surge pricing inflation.” That’s what Minneapolis Fed president Neel Kashkari wrote t...
Why The Dollar Death Cross Is Bullish For Bitcoin
Today, the Dollar Currency Index saw a death cross on the daily timeframe. Bitcoin, as an asset trading against USD, is especially susceptible to strength or weakness in the greenback. But what exact...
How will the NFP data affect the US dollar index (DXY)?
The US dollar index (DXY) drifted upwards on Friday as investors reflected on the recent Fed minutes and the upcoming Non-Farm Payrolls (NFP) data. It rose to a high of $105.43, which was the highest ...
Founder Of Multi-Million Dollar NFT Rugpull ‘Mutant Ape Planet’ Facing Fraud Charges
Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpu...
ADP beats expectations, US dollar jumps on the news
Every first week of a trading month has special meaning for financial market participants. First, it is the time when the US jobs data for the previous month is released. Because the Federal Reserve o...
Australian dollar surges across the FX dashboard on China news – time to buy?
The Australian dollar (AUD) has shot higher straight out of the gates today following the news out of China that it is considering lifting a ban on coal imports from Australia. The Aussie dollar is st...
Dollar soars ahead of Fed minutes, jobs data
By Peter Nurse Investing.com – The U.S. dollar climbed strongly Tuesday ahead of the week’s key economic data. At 03:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against...
Amid Uncertainty Over Test Cricket’s Future, Australia’s Governing Body Lands Billion Dollar Broadcast Deal
Australian cricket is in a healthy state (Photo by Mark Witte/Getty Images) Getty Images It’s a monster broadcast deal that will make many other cash-stricken cricket nations extremely envious. After ...
Peter Schiff Thinks The Weakness in US Dollar Will Stay
New year is here and people all over the globe are hoping that it will fade the frightening memories they met during 2022. But Peter Schiff, Euro Pacific Capital Inc CEO, had a pessimistic perception ...
Yen Starts Year on Front Foot as Traders Eye Dollar Cliff Edge
(Bloomberg) — The yen started 2023 with modest gains Monday as traders weighed the risk of further technical strength amid thin holiday trading. Most Read from Bloomberg The Japanese currency cl...
Economist Peter Schiff Predicts Inflation ‘About to Get Much Worse’ — US Dollar Facing ‘One of Its Worst Years Ever’ – Economics Bitcoin News
Economist Peter Schiff has predicted that the U.S. dollar will have “one of its worst years ever” in 2023, warning that the inflation problem is “about to get much worse.” He also shared his predictio...
Future Consumption Will Make the Prosperous Present Seem Deprived by Comparison
At the beginning of a book (Economics In One Lesson) that way-too-many economists have plainly never read, a non-economist by the name of Henry Hazlitt observed that economics is “stalked by fallacy.”...
Gold, Silver, and Oil Predictions; Ellison’s FTX Testimony and the Sam Trabucco Mystery; Massively Eroded Dollar Sees the Fed Turn 109 — Week in Review – The Weekly Bitcoin News
Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto community has been curious about ...
The U.S. dollar surrendered its status as the world’s premier safe haven in Q4. Here’s how.
The U.S. dollar’s status as one of the few dependable safe havens for investors during this year’s market mayhem started to erode during the fourth quarter, even as the greenback posted its biggest ye...
BTC price lurches toward $16K as stocks, dollar wobble in final session
Bitcoin (BTC) teased more volatility at the Dec. 30 Wall Street open with BTC/USD heading ever closer to $16,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Will new year deliver R...
Digital Dollar Will Come Eventually, Expert Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Digital Dollar Will Eventually Make Its Way into Market
The policy research director at the Digital Dollar Project said that the Federal Reserve is waiting for Congress to initiate legislation on CBDC, for them to proceed further. A number of central banks...
Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says – Bitcoin News
Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medv...
Celsius, FTX, Voyager users sell bankruptcy claims for pennies on the dollar
Hundreds of Celsius, FTX, and Voyager customers have opted to avoid the bankruptcy process by selling their claims for a fraction of their face value, the Wall Street Journal reported. Mt. Gox serves ...
US Stock Futures Advance; Dollar Gauge Declines: Markets Wrap
(Bloomberg) — S&P 500 futures and crude oil climbed Tuesday amid positive sentiment from China’s rollback of Covid isolation measures and cooling of a key inflation measure in the US. Most R...
European Equity Futures Climb; Dollar Fluctuates: Markets Wrap
(Bloomberg) — Global stock markets were mixed ahead of US inflation data due later Friday, with futures for the S&P 500 fluctuating, European contracts higher and Asia’s main equity benchmar...
Gold Drops as Dollar Gains; Investors Await US Inflation Data
(Bloomberg) — Gold slipped as the dollar rebounded, while investors digested an improvement in consumer confidence while awaiting US inflation data that may shed more light on the Federal Reserv...
Suddenly Everyone Is Hunting for Alternatives to the US Dollar
(Bloomberg) — King Dollar is facing a revolt. Most Read from Bloomberg Tired of a too-strong and newly weaponized greenback, some of the world’s biggest economies are exploring ways to circumven...
Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar
Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens B...
Genesis Claims Are Selling for 35p to the Dollar – Trustnodes
A seemingly coordinated sell-off this Saturday in assets held by the Digital Currency Group (DCG), like Filecoin and Flow, has apparently opened a ‘dark market’ where Genesis claims are being traded. ...
Ethereum Rival Plummets in Price After Stablecoin Built on Its Chain Loses Peg to US Dollar
The token of the decentralized application (DApp) creation platform Waves (WAVES) is plummeting after the algorithmic stablecoin backing it failed to maintain its peg to the US dollar. From opening at...
Fed’s “Digital Dollar” Idea Has Frightening Implications For Privacy And Freedom
Central banks around the world are examining whether they should create digital currencies. China is already gradually unrolling one. The Federal Reserve has jumped on the bandwagon, with studies and ...