The chief executive of crypto asset manager Galaxy Digital says America’s current financial situation is bullish for Bitcoin (BTC) and crypto. In …
Dollar
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Finance
BRICS may adopt Ripple’s XRP to bypass dollar in gold-backed trade push
by shayaanby shayaanRussia’s SWIFT exclusion in 2022 spurred alternative system planning. BRICS members seek autonomy in international settlements. XRP’s speed and cost-efficiency seen as …
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XSY.fi, a decentralized finance (DeFi) capital management platform, has launched the beta version of its digital synthetic dollar Unity (UTY) on Avalanche …
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Scams
Ethereum Foundation Launches ‘Trillion Dollar Security Initiative’ to Fortify Network
by shayaanby shayaanIn brief Ethereum’s new initiative targets vulnerabilities across the entire technology stack, from wallet UX to consensus protocol. The project aims to …
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Finance
Dollar steadies, gold tanks, Bitcoin Fear and Greed Index up to 73 as inflation fears subside
by shayaanby shayaanThe US dollar held steady on Wednesday after recording its steepest decline in over three weeks in yesterday’s session. On the other …
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Analysis
US Dollar To Fall Significantly Against Chinese Yuan Amid Trade Negotiations, According to Goldman Sachs: Report
by shayaanby shayaanAnalysts at the financial giant Goldman Sachs reportedly think the onshore Chinese yuan (CNY) will rise against the dollar over the next …
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Analysis
Analysts Say $2,500,000,000,000 ‘Avalanche’ of Selling Could Hit US Dollar, Warn Trade Wars Threatening Greenback’s Appeal: Report
by shayaanby shayaanThe US dollar could suffer a major sell-off by Asian investors and exporters triggered by trade tensions, according to a pair of …
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Analysis
Analysts Say Gold Likely in Strongest Market of All Time Amid Central Bank Accumulation and US Dollar Weakness
by shayaanby shayaanUncertainty is driving gold’s price momentum, according to analysts at the capital markets newsletter The Kobeissi Letter. The Kobeissi Letter’s official account …
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Finance
Kyrgyzstan’s Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3
by shayaanby shayaanCentral Asian country Kyrgyzstan plans to debut the Gold Dollar, or USDKG, the gold-backed stablecoin pegged 1:1 with the U.S. dollar in …
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Bitwise Invest President Teddy Fusaro urged investors to “get some Bitcoin” after Berkshire Hathaway CEO Warren Buffett issued a US dollar warning …