Bitcoin's trillion dollar dream: Decoding if it can be a reality

ARK report predicts trillion dollar future for Bitcoin. Positive sentiment among investors and traders suggests a bright future for the king coin. The recent surge in the price of Bitcoin haThe post Bitcoin's trillion dollar dream: Decoding if it can be a reality appeared first on AMBCrypto.

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Iran and Russia begin working on gold-backed Stablecoins

As per a recent report, Iran and Russia have begun working on gold-backed stablecoins. The stablecoin aims to replace fiat currencies such as the U.S. Dollar, Russian Ruble, and Iranian Rial inThe post Iran and Russia begin working on gold-backed Stablecoins appeared first on AMBCrypto.

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Ripple Price Analysis & Prediction (Jan 6th) – XRP Continues to Range, Looking For a Break Amid Latest Drop

Even amid the recent gains across the major altcoins, Ripple’s XRP is down by 2. 2% today and has rejected the $0. 36 price level. However, it has followed a bearish sentiment against its Bitcoin and Dollar pairs.

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Ethereum Price Aim Big After Recent Breakout Above $1,300

Ethereum gained pace for a move above the $1,300 resistance against the US Dollar. ETH is consolidating gains and might eye a fresh increase in the near term. Ethereum was able to clear the $1,280 and $1,300 resistance levels.

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Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

Ethereum managed to clear the $1,230 resistance zone against the US Dollar. ETH tested $1,280 and seems to be forming a strong support near $1,230. Ethereum gained bullish momentum and cleared the $1,230 resistance zone.

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U.S. politician Beto O’Rourke returns $1 million donation from SBF

US politician Beto O’Rourke has returned the $1 million Donation from SBF, says it was unsolicited. $1 million dollar cheque returned In a  recent report by Texas Tribune on Tuesday, 28 November 2022, Beto O’Rourke returned a $1 million check…

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US Banks Are Teaming Up To Explore The Possibilities Of A Digital Dollar With The Federal Reserve

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Four Signs a Digital Dollar Is Coming (and Why You Should Care)

Introducing a “digital dollar” central bank digital currency would radically change how the world interacts with money, and based on recent developments, the U.S. seems to be open to the...

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First Mover Asia: Bitcoin Holds Strong Over $19K; Why Is the Dollar Dominating?

The largest cryptocurrency by market capitalization has weathered severe macroeconomic uncertainty in recent weeks to maintain its current threshold,

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TA: Bitcoin Price Gearing For Another Lift-Off to $21K, Recent Breakout Suggests

Bitcoin is gaining pace above the $19,500 resistance against the US Dollar. BTC could rise further above $20,000 if it stays above the $19,000 support. Bitcoin started a decent increase and was able to clear the $19,500 resistance zone.

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Bitcoin Shows Resilience In Dollar-Driven Bloodbath | BTCUSD September 26, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the recent resilience in Bitcoin compared to traditional assets like gold, oil, and the S&P 500. We also compare BTC to the DXY Dollar Currency Index and past crypto bear market bottoms.

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TA: Bitcoin Price Holds Strong, Why ETH Could Push BTC Higher

Bitcoin is consolidating above the $19,500 support against the US Dollar. BTC could start a major increase considering the recent rise in ether. Bitcoin is still trading in range near the $20,000 zone and below the $20,500 resistance.

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TA: Ethereum Bullish Despite Recent Chop; What Could Propel it to $1,700

Ethereum is consolidating above $1,550 against the US Dollar. ETH could rally if there is a clear move above the $1,620 resistance zone. Ethereum is trading in a positive zone above the $1,520 and $1,500 support levels.

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TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

Bitcoin price found support above $22,500 and surged over 6% against the US Dollar. BTC broke many hurdles and might rise further towards the $25,000 resistance. Bitcoin started a fresh increase after it found strong bids above $22,500.

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Solana Names Real Reason Behind Multimillion Dollar Hack

Solana's team of developers has determined root cause behind recent incident

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Ethereum Prints Modest Losses, Consolidation Before Next Big Breakout?

The future of the second-largest cryptocurrency is hampered by the US dollar index’s recovery. On Thursday, the price of Ethereum (ETH) showed just slight decreases. Ethereum Consolidates On July 21, price movement in the cryptocurrency market as a whole was mostly muted as traders took a day to digest recent gains and book profits after the strongest relief bounce since early June.

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What Cardano’s Hoskinson Said About Terra: In The End Slow Wins

Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the algorithmic stablecoin UST to deppeged from the U.

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Waves announces 4-step Master Plan to ‘save’ its DeFi ecosystem

Waves, a proof-of-stake blockchain platform for decentralized applications, has announced measures it says will help address the recent upheaval that rocked its DeFi ecosystem. Specifically, the “Master Plan”, as the four-step measures are called, is aimed at ensuring the ecosystem’s algorithmic stablecoin Neutrino USD (USDN) restores dollar parity, whose loss led to a massive liquidity […] The post Waves announces 4-step Master Plan to ‘save’ its DeFi ecosystem appeared first on Invezz.

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Upcoming Metakicks NFTs by Sneakmart Offer A 10% Chance Of Winning Physical Limited-Edition Sneakers

Both sneakers and NFTs have turned into multi-billion dollar industries in recent years. The sneaker resale market was valued at $6 billion in 2019, although it is much larger today and closer to the valuation of NFTs.

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Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High

With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U. S. dollar have been the obvious winners from the recent crash but it seems that investors are taking it one step further this time around.

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Stablecoins’ recent depegging is not a ‘real threat to financial stability,’ says Janet Yellen

Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly depegged from the dollar to hit $0.96 on Wednesday.

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Tether (USDT) losses dollar peg after the recent stablecoin drama with Terra’s UST

Tether (USDT) has become the next stablecoin to suffer from the ongoing stablecoin fiasco that started with TerraUST de-pegging from the US Dollar. USDT traders were treated to a scare after the price of USDT lost its dollar parity and slid below $1 to trade as low as $0.

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UST Woes Threaten The Trust Of Algorithmic Stablecoins

Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With recent crypto price volatility and the stablecoin losing its peg to the dollar again, The Block’s Research Vice President Larry Cermak urged Terra to collateralize the stablecoin as he fears […]

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Cake DeFi Ventures Into Gaming And eSport Following Partnership With FACEIT

Global online gaming platform, FACEIT has entered a multi-million dollar partnership with crypto Fintech platform Cake DeFi according to a recent announcement from the company. FACEIT is a top-rated competitive platform for online multiplayer games that offer players, organizers, game developers, and brands exclusive access to a dedicated platform that empowers the development of the […]

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LFG Bitcoin Reserves At Risk As UST Dollar Peg Collapses

As the Terra stablecoin becomes depegged from the U.S. dollar, the biggest buyer of bitcoin in recent months could become its biggest forced seller.

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TA: Ethereum Bears Aim Big After Recent Breakdown Below $2.5K

Ethereum started a major decline from the $2,700 zone against the US Dollar. ETH dived below $2,550 and might accelerate lower below the $2,420 support. Ethereum started a major decline after it failed to surpass $2,700.

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U.S. Dollar Index (DXY) Reaches Long-Term Resistance

The U. S. Dollar Index, which has experienced rapid growth in recent weeks, has reached long-term resistance. Much depends on the DXY's further movements, not only in the broad financial sector, but also in the Bitcoin and cryptocurrency markets.

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Bank Of Canada Governor Maintains That Its Financial System Would Always Be Built Around The Canadian Dollar, Not Crypto

The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country's financial system. Tiff Macklem's statement responds to the recent vocal support that leading conservative party PM candidate Pierre Poilievre has given the nascent market as part of his campaign.

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Algorithmic Stablecoins – A Dollar Copycat?

Are algorithmic stablecoins trying to clone the intrinsic qualities of fiat money or dollar; like security? The recent craze over algorithmic stablecoins has stirred mixed reactions from the crypto community.

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A Digital Dollar Is On The Horizon And Could Change The Entire Crypto Landscape As We Know It

A digital dollar is becoming more of a reality following Biden's executive order. In a recent podcast, Nathaniel Whittemore attempts to explain the impacts of the development of the asset.

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Bitcoin climbs to $41K and flippens the Russian ruble

The Central Bank of Russia reported the country's money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar.

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Bitcoin Leads the Market in Losses, is it Time to Buy?

Between Bitcoin’s active network profit/loss, support line at $37k, rising social volume, and massive recent token age consumed, there is a lot to uncover. Currently, Bitcoin has extended decline below the $40,000 support against the US Dollar and is trading…

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BTC price returns to $43K — 5 things to watch in Bitcoin this week

Cautious celebration as Bitcoin avoids a dive back into its recent trading range as inflation and the dollar form major points of interest.

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Top 5 Metaverse Crypto Coins Below $0.01 to Watch in 2022

Metaverse crypto coins are the talk of the town regarding trending topics on the internet. We’ve seen projects like Decentraland and The Sandbox reach multi-billion dollar valuations due to the recent Metaverse hype.

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Anthony Pompliano says people are thinking about BTC’s volatility the wrong way

Anthony Pompliano, a renowned Bitcoin (BTC/USD) proponent, believes many people are thinking of BTC’s volatility the wrong way. He said this during a recent interviewing, adding that the false perception of BTC’s volatility emanates from rampant dollar printing.

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Inverse Signals: Why Bitcoin Weakness Is Attributed To Dollar Strength

Bitcoin price is currently on the ropes, potentially about to lose support at around $56,000. But could the recent weakness in the cryptocurrency market be more a factor of a strong dollar? TD Sequential Triggers Anti-Correlated Signals On BTCUSD, DXY Weeks ago, we posed the question if or not the Dollar Currency Index making new highs in 2021 was a dangerous situation for Bitcoin.

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Citing Inflation Disaster, Forbes’ Avik Roy Explains Why The United States Should Embrace Bitcoin

The fact that Bitcoin is now a significant innovation rather than a fad that could soon render the dollar and most fiat currencies ineffective cannot be further from the truth. In the recent past, the crypto asset has steadily proven its value, emerging strongly from traditional iniquities that have always plagued fiat currencies due to […]

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Michael Saylor Reveals Multi-Billion Dollar Mistake He Would Have Made If He Hadn’t Invested In Bitcoin

MicroStrategy’s Michael Saylor has congratulated himself for what he believes was one of his biggest life decisions ever; choosing to invest in Bitcoin over gold, one year ago. In a recent tweet, the Bitcoin maximalist expressed his joy at how Bitcoin had bitten odds to outperform gold, the world’s most famous traditional store of value […]

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Former US president calls crypto a 'disaster waiting to happen'

He seemingly dismissed the crypto market's potential in favor of strengthening the U.S. dollar in a recent interview.

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Bitcoin Jumps as Crypto Goes Mainstream Politics

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Why Bitcoin and DeFi are 'some way on everyone’s to-do list'

More institutional investors turned to Bitcoin, altcoins, and DeFi as additions to their portfolios over the past year due to the rising inflation concerns regarding the Dollar. In a recent podcastThe post Why Bitcoin and DeFi are 'some way on everyone’s to-do list' appeared first on AMBCrypto.

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Bitcoin may lose $30K price level if stocks tank, analysts warn

Downside risks for BTC price are also heightened due to the recent dollar bounce.

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Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems

Everyone wants digital currencies as countries look to eliminate the dollar, but retail demand for long positions declines, with institutions on the sideline after the recent deep rut. The post Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems first appeared on BitcoinExchangeGuide.

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Congratulations For Surviving The Biggest Crash In Bitcoin History, But Is Worse To Come?

Data from Glassnode shows that the recent Bitcoin crash was the largest in history in dollar terms, coming in at $2. 56 billion. The “corona crash” of March 2020 was the previous biggest, at $1.

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Unicly Unveils Eight Multi-Million Dollar Collection Amid Soaring NFT Fractionalization Demand

Innovative NFT fractionalization platform Unicly has successfully launched its first fractionalized collections. Unicly Launches First NFT Fractionalized Collections In a recent announcement, Unicly – the first functional and practical platform for fractionalizing NFTs that aims to resolve the liquidity problem of matching individual buyers and sellers in the NFT landscape stated it had successfully launchedRead More

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The Multi-Billion Dollar Cache: Microstrategy Purchases $15M Worth of Bitcoin, Firm’s Stash Jumps to 91,579 BTC

The publicly listed firm Microstrategy purchased more bitcoin according to a tweet from the company’s chief executive officer Michael Saylor and a recent Securities and Exchange Commission (SEC) filing.

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The Dollar Regains Lost Ground, But Bitcoin Yet To React

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.

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Why former OCC head Brooks thinks Bitcoin is stronger than U.S. dollar

In an interview on CNBC’s Squawk Box, former head of the Office of the Comptroller of the Currency, Brian Brooks, spoke about the regulatory hurdles for Bitcoin. Referring to a recent speech given by the chairman of the U.

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More Gains for Bitcoin Ahead as Natixis Predicts Dollar Declines

The starting point for the Bitcoin market’s recent declines is the prospect of faster-than-expected economic growth in the United States, thanks to the extreme fiscal expansion and a recent rebound in job growth to pre-pandemic levels, which has boosted the bond yields and, in turn, accelerated demand for the US dollar in foreign markets. But […]

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