Tag: dollar

Jun 17 2021

Senator Cynthia Lummis: I’m All In On Bitcoin

Jun 17 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt btcusdt. xbtusd

U.S. Senator Cynthia Lummis in an interview said she was all in on Bitcoin. The interview took place during the Bitcoin Conference earlier in the year in Miami. Senator Lummis is the first woman to be elected as a Wyoming senator. Keeping in line with this stride, the senator believe Bitcoin is a great way to combat...

The Bitcoinist Macro Report: Dollar Disrupts, Gold Melts Down, & Sideways Bitcoin

Jun 17 2021 Published at Bitcoinist.com under tags  altcoins bitcoin btc btcusd btcusdt

This week's Fed meeting has been viewed hawkishly by the broader market, and asset prices reacted negatively to the plan to begin to raise interest rates come 2023. Bitcoin fell slightly putting a recovery in crypto on hold, while major stock market indices tumbled on the news....

Jun 03 2021

Former Presidential Candidate, Ron Paul, Wants Bitcoin To Be Legalized

Jun 03 2021 Published at Bitcoinist.com under tags  bitcoin btc dollar ron paul

Former US congressman Ron Paul says he wants to legitimize the dollar's competitors, such as bitcoin, and let the people, not the government, pick which currency to use. He said, "Freedom of choice will sort it out." Ron Paul: Legalize Bitcoin As Money To Compete With Dollar In an interview with...

Jun 01 2021

The Real Reason Behind Bitcoin’s May Price Movements? It’s Not China

Scott Melker, the host of the Wolf of All Streets podcast, sat down with Finance Magnates last week.

Mar 30 2021

The Dollar Regains Lost Ground, But Bitcoin Yet To React

Mar 30 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is once again approaching current record highs, and now that the momentum is back in favor of bulls, new all-time highs could soon be just ahead. While this is mostly nothing new for the leading cryptocurrency by market cap, the recent rally back to local resistance has happened all while the dollar has strengthened significantly. What exactly does this mean for...

Mar 25 2021

The Dollar’s Role In The Bitcoin Bloodbath Explained

Mar 25 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin is back trading at prices it began the month at, wiping out most of the current monthly candle. Ahead of a dangerous quarterly close, and amidst several bearish signals in the top cryptocurrency, the dollar is currently regaining strength and is a large factor in the recent market-wide selloff. Here's a closer look at how the dollar is impacting Bitcoin's bull run,...

Mar 10 2021

NFTs Are Here!! What’s Next For the Art World and Beyond?

NFTs have vast potential to transform how artists are paid--and to cause explosive growth in the cultural economy.

Mar 09 2021

Decision Time In The Dollar Could Impact Bitcoin Trend Dramatically

Mar 09 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is back trending upward after reclaiming $50,000 and the pivotal $1 trillion market cap level. With new all-time highs in sight, the only factor that could have a dramatic impact on the current crypto market trend, is a reversal in the dollar. This reversal has been brewing for some time, but has yet to come to fruition. It's now decision time,...

Feb 10 2021

Corporate Investments in Bitcoin, Not Inflation, Pose Real Threat to Dollar

Feb 10 2021 Published at Crypto Briefing under tags  analysis bitcoin dollar gold

According to one analyst, the U.S. government will "regulate the hell out of Bitcoin" if it starts to see the $BTC as a threat to the dollar. However, the faster companies and wealth managers adopt, the more difficult it will become for the government to intervene....

Feb 04 2021

Bullish Bitcoin Ignores The Dollar’s Dramatic Rebound

Feb 04 2021 Published at Bitcoinist.com under tags  altcoin bitcoin btc btcusd btcusdt

Bitcoin price has pulled back slightly but only after a more than 15% climb back toward previous highs. Thus far, a clean breakout has yet to arrive, but unseen by the naked eye, something important is going on in the relationship between Bitcoin and the dollar. The dollar is rebounding hard, yet the leading cryptocurrency by market cap has completely ignored the impulse....

Jan 19 2021

Yellen: Crypto Is Used for Terrorism, Money Laundering

Jan 19 2021 Published at Crypto Briefing under tags  bitcoin dollar gold janet people

Janet Yellen, Secretary of the U.S. Treasury, completed her Senate confirmation hearing today. She attacked cryptocurrency for its use in crime and advocated for an improved U.S. dollar exchange rate....

Jan 18 2021

Lyn Alden on Why the Dollar System No Longer Serves the US or the World

At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency?

The Three Factors That Could Topple The Recent Bitcoin Rally

Jan 18 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin has held above $30,000 for nearly two full weeks, and the former all- time high of $20,000 seems like a distant memory. But there are three factors that are only growing in threat that could topple the epic bull run the cryptocurrency has been on. Bitcoin Holds Above $30,000 For Almost Two Weeks, But Strength Could Be Waning The leading cryptocurrency by market...

Amid Rising Debt, Former Primer Minister of Canada Calls for Bitcoin Reserves

"How long will the world loan trillions of dollars at zero percent to the U.S?" asked Stephen Harper, the former Prime Minister of Canada. While Harper himself doesn't hold any Bitcoin himself, he acknowledged its rising significance as an...

Jan 07 2021

Is Bitcoin Boosted by Political Turmoil in the United States?

As a dramatic evening unfolded on Capitol Hill, the price of Bitcoin hit a new all-time high. Coincidence?

Dec 22 2020

How Bitcoin Is The Solution To What One Billionaire Calls America’s Greatest Risk

Dec 22 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin has been trading over $20,000 for well over a week now, resulting in more mainstream media coverage, and a wider scope of coverage in the world of finance. It has caused investors, analysts, and billionaires of all kinds to be questioned on their thoughts about the trending cryptocurrency. Responses are a mix of wild speculation and healthy skepticism. In an interview with...

Dec 10 2020

Dec 09 2020

Bitcoin is a Warning to Government Money Printers, Morgan Stanley Exec Says

Bank’s Head of emerging markets and chief global strategist said that bitcoin has the potential to replace Dollar.

Dec 04 2020

The Many Reasons Why The Dollar Could Soon Put A Damper On Bitcoin Bullishness

Dec 04 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusdt btusd crypto

Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic. But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency. The flight to cash caused Black...

Dec 01 2020

Gold Undergoes $2tn Market Wipe-off against Booming Bitcoin; Coincident?

The last four months saw gold trimming its market valuation by $4 trillion. Conversely, Bitcoin added about $180 billion within the same period. Both gold and bitcoin were the benefactors of aggressive monetary easing policies launched by the Federal Reserve. The precious metal reached its record...

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