Tag: us dollar

Jan 14 2021

President Elect Biden to Propose New $1.5 Trillion Stimulus Plan, Will Bitcoin See Another Mammoth Rally?

Jan 14 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

The incoming US President Joe Biden is all set to take oath on January 20 and many believe his first task in the office would be to work on a new stimulus deal that could be worth $1.5 trillion. A recent report by Reuters suggests that Congress was due to hear the new deal today, The post President Elect Biden to Propose New...

Jan 12 2021

3 Reasons Why Bitcoin Price Crashed by More Than $11,000

Bitcoin suffered a major price crash during the weekend and on Monday after securing a milestone high of $41,986. The flagship cryptocurrency shed more than $11,000, or roughly 29 percent, in just three days of trading to hit a session low just shy of $30,000. Its plunge...

Jan 11 2021

Bitcoin’s Big Drop Again Coincides With Dollar Bounce in Forex Markets

Jan 11 2021 Published at CoinDesk under tags  bitcoin markets news us dollar

Bitcoin's crash Monday came alongside a bounce in the Dollar Index.

Dec 21 2020

Bitcoin Price is Ready to Explode in 2021

Dec 21 2020 Published at CoinStats Blog under tags  bitcoin fed inflation tenet us dollar

If you wonder whether or not you should Bitcoin as it trades near its record high levels, the general narrative has only one answer: go ahead and don't look back. The post Bitcoin Price is Ready to Explode in 2021 appeared first on CoinStats Blog.

Billionaire Sam Zell Skeptic of Bitcoin, Predicts US Dollar to be Replaced as World Reserve Currency

Dec 21 2020 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

Sam Zell, the American billionaire businessman and philanthropist recently in an...

US Congress Agrees To a $900B COVID-19 Stimulus Deal, What’s Next For Bitcoin?

Dec 21 2020 Published at Coingape under tags  bitcoin btc btcbrl btcbusd btceur

After months of negotiation impasse, the United States (US ) Congress has agreed to a US$900 Billion COVID-19 stimulus deal for the benefits of Americans. According to a report...

Dec 14 2020

“We Don’t Have Ambitions to Replace Existing Currencies”- Ex-PBOC Chief on Digital Yuan

Dec 14 2020 Published at Coingape under tags  btcbrl btcbusd btceur btcjpy btcngn

China's growing influence in the digital currency space has created a sense of urgency among many western counterparts especially the US who view China's national digital currency as a threat to their financial sovereignty. The US Dollar is currently the default currency of trade in the international trade market with over 88% of market dominance The post "We Don't Have Ambitions to Replace...

Dec 05 2020

Editorial: Is “Digital Yuan” China’s Weapon to Rule Global Markets?

Dec 05 2020 Published at Coingape under tags  altcoin altcoin news bitcoin bitcoin news blog

The advent of cryptocurrencies like Bitcoin as a mainstream investment market and a reliable payment gateway has forced governments around the globe to take notice of the nascent technology. The ongoing bitcoin bull run driven by the...

Dec 03 2020

Worsening US Dollar, Inflation Metrics Bode Well for Bitcoin’s Continued Rally

Dec 03 2020 Published at CoinDesk under tags  bitcoin inflation markets news us dollar

A continued decline in the U.S. dollar and rising inflation expectations support bitcoin's long-term bullish case as a hedge asset.

Nov 17 2020

Everything You Need to Know About the Looming Battle Over Privacy in Crypto

Nov 17 2020 Published at Unchained Podcast under tags  2020 banks bitcoin blockchain crypto

Jake Chervinsky, general counsel at Compound Labs, and Kristin Smith, executive director of The Blockchain Association, talk about the storm brewing in the cryptosphere involving self-custody and privacy. In this episode, they cover: the differences between hosted and self-hosted wallets and how transactions between them differ...

Nov 13 2020

Chad Cascarilla on Paxos’s Partnership With PayPal

Nov 13 2020 Published at Unchained Podcast under tags  2020 banks bitcoin blockchain cbdc

Paxos CEO and cofounder Chad Cascarilla discusses his company's partnership with PayPal, which just opened up its crypto purchase and selling product to all its US customers. In this episode, he covers: how Paxos enables PayPal's crypto product the regulatory...

Nov 03 2020

Why Bitcoin Now: Meltem Demirors and Lyn Alden on the Perfect Conditions for Bitcoin

Nov 03 2020 Published at Unchained Podcast under tags  2020 banks bitcoin blockchain cbdc

In this seventh installment of the Why Bitcoin Now series, Meltem Demirors, the chief strategy officer at Coinshares, and Lyn Alden, the founder of Lyn Alden Investment Strategy, discuss the state of Bitcoin since June, amidst the presidential election – which takes place on the date of publication of the show -- and a global pandemic. Topics discussed include:...

Sep 29 2020

US Dollar Will Crash “Faster and Harder,” Says Pro-Bitcoin Economist

Sep 29 2020 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt cryptocurrency dxy

A recent sharp pullback move in the US dollar market is insufficient to log a full-fledged upside breakout. So says Stephen Roach, the former chairman of Morgan Stanley Asia. The pro-Bitcoin economist wrote in an op-ed that the US dollar could fall by as much as 35 percent...

Sep 25 2020

A Lifelong US Dollar Downtrend Paints Bullish Outlook for Bitcoin

The US dollar is on track for its most significant monthly performance since July 2019. But it continues to feel the pressure from its all-time bearish outlook. Why? A monthly chart of the US dollar index (DXY), a barometer to gauge its performance against a basket of top foreign...

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