Alex Dovbnya Bitcoin’s market capitalization has surpassed $500 billion as its price reaches $26,533 on the Bitstamp exchange, the first time it has hit that mark since July 2022 The market capi...
Tag: Dollars
Future of Silicon Valley Bank May Put Trillions of Dollars at Risk
The potential collapse of Silicon Valley Bank (SVB) has caused alarm among regulators, investors, and depositors alike, with experts warning that the fallout could extend far beyond the tech bank itse...
Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise – Economics Bitcoin News
The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. T...
Coinbase Pauses Conversions Between USDC and US Dollars as Banking Crisis Roils Crypto
While temporary, the pause speaks to the chaos that’s roiled the crypto industry’s second-largest stablecoin in the wake of Silicon Valley Bank’s demise. All day Friday crypto trader...
Coinbase halts conversion feature between U.S. dollars and USDC
Coinbase said Friday evening that it halted support for conversions between U.S. dollars and stablecoin USDC. “We are temporarily pausing USDC:USD conversions over the weekend while banks ...
Binance Bans Russians From P2P Transactions With Dollars and Euros – Exchanges Bitcoin News
Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactio...
Fintech Brex got billions of dollars in Silicon Valley Bank deposits Thursday
Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The company, itself a high-flying startup, has benefited after venture c...
Firm Seeks Buyer As Banks And Cryptocurrencies Lose Billions Of Dollars In Value
Topline Silicon Valley Bank Financial will explore a sale of the firm after attempts to raise capital earlier in the week were unsuccessful, according to multiple reports, as turmoil with the bank has...
How Biden’s 2024 Budget Outlines Trillions Of Dollars In Proposed New Taxes
Topline President Joe Biden proposed tax hikes in his budget Thursday that could reduce the deficit by $3 trillion over the next decade, according to the White House, with tax increases for billionair...
Like Venezuela, Some Retailers in Argentina Are Now Pricing Items in Dollars – Economics Bitcoin News
Some retailers in Argentina are already pricing imported items in U.S. dollars, according to reports from local news outlets. The idea behind this would be to keep prices stable and avoid repricing ar...
You can be a Shiba Inu (SHIB) millionaire for $12 dollars
Since its launch in August 2020 as a direct competitor to Dogecoin (DOGE), the dog-inspired cryptocurrency Shiba Inu (SHIB) has risen to popularity, and now crypto traders and investors can get their ...
Central Bank Orders Financial Institutions to Ration Dollars – Africa Bitcoin News
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shorta...
World’s Riskiest Markets Stumble Into Crisis With Dollars Scarce
(Bloomberg) — Hospitals delaying surgery in Sri Lanka. International flights suspended in Nigeria. Car factories shuttered in Pakistan. Most Read from Bloomberg In some of the world’s most vulne...
Bitcoin’s inflation rate is now three times lower than U.S. dollar’s
With over 90% of Bitcoin (BTC) in circulating supply, the asset’s inflation rate has fallen significantly over the years to beat that of the United States dollar (USD) by at least three times. This is...
GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO
Grayscale Investments’ CEO Michael Sonnenshein stated he “can’t imagine” why the United States Securities and Exchange Commission (SEC) “wouldn’t want” to protect Grayscale investors and return ...
Crypto Enthusiasts Rejoice: Robert Kiyosaki Says Dollar’s Demise is Imminent
Robert Kiyosaki believes that the US dollar is driving the decline of the American empire. Kiyosaki has been a long-time critic of the Federal Reserve’s monetary policies. Kiyosaki has advocated for c...
I’m a single dad earning $100,000 – how do I maximize my retirement dollars?
Dear MarketWatch, I make over $100,000 a year, and expect to for the foreseeable future. As of now, I am contributing 8% of my income to my 403(b) with a 3% 401(a) match; all Roth. It would be more, ...
Congo Watchdog Wants Billions of Dollars More From China Infra Deal
(Bloomberg) — The Democratic Republic of Congo’s government watchdog called for a major overhaul of the country’s $6.2 billion minerals-for-infrastructure deal with China after its investigation...
Millions of dollars already lost to hacks in 2023
Security breaches and hacks have become a harsh reality in the rapidly growing world of cryptocurrencies. With millions of dollars worth of assets on the line, staying ahead of the game and protecting...
Crypto exploits, diverse hacks, and billions of dollars stolen in 2022: Report
In 2022, cyber criminals stole over $2.8 billion in cryptocurrency. The largest hacking incident of 2023 was February 2023’s Oracle attack. As per a 13 February report by CoinGecko, in tandem with DeF...
Stranded college savings plan can soon be rescued. New law lets 529 dollars roll into retirement
Kids change their minds a lot, so it’s understandable parents might be nervous to lock away money in a college savings plan. After all, what if your child decides to skip college or drop out? That mon...
Ripple Rival Stellar (XLM) to Give Out Millions of Dollars to Developers, Here’s Why
Gamza Khanzadaev Stellar Development Foundation creates multimillion fund to boost new smart contract platform As nonprofit organization Stellar Development Fund revealed today, a separate $10 million...
Bitcoin Price Dollars Away From First Ever Weekly ‘Death Cross’
Bitcoin (BTC) is painfully close to recording an ominous first in its 14-year history: its premiere “death cross” on the weekly price chart. Two major moving averages (MA) are about to converge: its 2...
Gala (GALA) Worth Millions of Dollars Shifted by Bankrupt Crypto Lender: Details
In recent hours, Blockchain Data Tracker (Whale Alert) has flagged two GALA transactions involving bankrupt crypto lender Genesis. The first was that of 135,000,000 GALA worth $7,432,830 transferred f...
Suze Orman says this is the $1-$2 mistake that can ‘creep into’ too many of your financial decisions — and it could cost you tens of thousands of dollars
Finance guru Suze Orman recommends asking yourself: “Are your needs as inexpensive as possible?” Getty Images for WICT Saving a dollar or two here and there may seem trivial, but finance guru Suze Orm...
Fake seafood industry getting big investment dollars
While the plant-based burger wars have been waging for several years now, plant-based fish is just in its infancy. But that is about to change, as new contestants enter the mix with various types of f...
Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
Binance has announced that it is temporarily suspending bank transfers in United States dollars (USD) beginning Feb. 8. No other trading methods will be affected, the exchange said in a tweet on Feb. ...
Crypto Giant Binance Suspending All Bank Transfers in US Dollars, Says Freeze Is Temporary
Crypto powerhouse Binance says it’s pausing all bank transfers denominated in the US dollar. In a brief message on Twitter, the leading crypto exchange by volume says it expects the freeze to affect a...
Crypto addiction now treated in rehabs, and it costs thousands of dollars
Around 1% of cryptocurrency traders will eventually acquire an “extreme” addiction to trading cryptocurrencies. Due to this, rehabs in Switzerland, Spain, and other countries recently began offering t...
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud – Bitcoin News
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an establishe...
Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars
“It’s not unexpected” for Cumberland to announce support for crypto transactions denominated in Canadian dollars, said Alex McDougall, president and CEO of Stablecorp, a fintech firm that created QCAD...