In short The Dollar Index has fallen 11% this year, the sharpest decrease since 1973. Gold is located on record highs that …
Dollar
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Adoption
Bilionaire Ray Dalio reiterates warnings of dollar decline, suggests Bitcoin as a hedge
by shayaanby shayaanBillionaire investor Ray Dalio said the U.S. is nearing the late stages of a debt cycle that threatens the dollar’s role as …
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Markets
Asia Morning Briefing: Are Stablecoins an 'Engine of Global Dollar Demand' or a 2008-Style 'Liquidity Crunch'?
by shayaanby shayaanGood Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during …
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The Aleo Network Foundation, the non-profit organization supporting the Aleo blockchain, announced that Aleo has joined the Global Dollar Network (GDN). GDN …
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Google is backing $3.2B for TeraWulf’s HPC hosting deal with Fluidstack and could end up owning ~14% of the company. Will more …
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Mining
TeraWulf’s Multi-Billion Dollar HPC Deal Backstopped by Google – A Blueprint for Future Hyperscaler Deals
by shayaanby shayaanGoogle is backing $3.2B for TeraWulf’s HPC hosting deal with Fluidstack and could end up owning ~14% of the company. Will more …
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Finance
China’s stablecoin push raises questions on dollar dominance and market trust
by shayaanby shayaanChina appears to be weighing the launch of a yuan-backed stablecoin, with an initial rollout in Hong Kong and Shanghai, a surprising …
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Regulation
Rate Cuts Incoming and US Dollar Decline Not Over Yet, According to Wells Fargo Analysts – Here’s Their Outlook
by shayaanby shayaanEconomists at the banking giant Wells Fargo think the US dollar is primed to trend weaker for the rest of the year, …
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Regulation
Trump Threatens India With Additional Tariffs Over BRICS Membership, Claims Economic Alliance Is an ‘Attack on the Dollar’
by shayaanby shayaanUS President Donald Trump has threatened to slap an additional “penalty” on India due to the country’s involvement in the BRICS economic …
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Markets
Bitcoin, Ether Start August on a Shaky Note as Dollar Index Tops 100; Yen Hits 4-Month Low Ahead of Nonfarm Payrolls
by shayaanby shayaanMajor cryptocurrencies experienced two-way price action early Friday, as the dollar remained bid against major fiat currencies following President Donald Trump’s announcement …