2023-8-18 21:30 |
Former President Trump warns of the dwindling status of the US dollar as the world's reserve currency, attributing it to domestic policies. Amid all this, Bitcoin is gaining attention as a plausible alternative. origin »
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Coinspeaker Goldman Sachs Says U. S. Dollar Could Lose Its Status of World’s Reserve Currency, Bullish on GoldGoldman strategists said that the fragile economic condition, with interest rate at an all-time low, and the uncertain political scenario, have added to the instability of the USD showing signs of real concerns for it to continue as the world's reserve currency.
2020-7-29 14:15 | |
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The growing debt crisis in the U. S. amid the Covid-19 crisis could damage the dollar’s global reserve status. Analysts at Goldman Sachs expressed concern that the burgeoning liquidity and mounting debt could have dramatic ramifications for the world’s largest economy.
2020-7-29 21:21 | |
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Goldman Sachs has warned that the U. S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows.
2020-7-28 20:35 | |
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Trading vet Peter Brandt believes that the world is not going to return to the gold standard
2020-7-23 09:32 | |
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In a sudden reversal, the Federal Reserve (Fed) has become the largest holder of U. S. Treasury securities in the world. The buying has apparently been driven by the COVID crisis and the mass proliferation of Treasury bonds.
2020-7-21 16:51 | |
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Bitcoin (BTC) is increasingly gaining its fame as a favorable replacement to the current fiat backed monetary systems. One of the latest top personality to speak on the potential of BTC posing a threat to the current financial world is top selling author and financial analyst, Max Keiser. An interview by Max Keiser on RT […]
2020-6-15 18:27 | |
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Digital currency markets are down on Sunday evening roughly 2. 14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours.
2020-6-15 05:53 | |
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Bitcoin has faced down many setbacks over recent years. BTC trading has been banned by the Chinese government. Executives from Goldman Sachs and other institutions have come out against the cryptocurrency.
2020-6-15 23:00 | |
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The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.
2020-5-31 19:15 | |
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As the United States Fed prepares to issue additional stimulus and economic relief efforts, assets like Bitcoin and Gold are gearing up for yet another leg up. How will the latest move to save the economy from a devastating depression impact these two, scarce, safe-haven assets in the days ahead? Federal Reserve Delivers Somber News About Economy, Pledges More Stimulus If Necessary This morning, Federal Reserve Chairman addressed the world via a webcast and revealed […]
2020-5-13 19:55 | |
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The financial crisis — as the result of the global coronavirus pandemic — may require cryptocurrency to be the world’s next reserve currency
2020-4-28 17:13 | |
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Due to the current economic crisis, central banks around the world are buying up assets in record amounts — many times greater than what was seen during the 2008 Great Recession. The Federal Reserve’s balance sheet is changing by the day as it buys up assets.
2020-4-23 20:10 | |
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Can crypto actually take on USD’s role around the world?
2020-4-22 23:24 | |
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Almost 30 years ago, Nobel Prize-winning American economist Milton Friedman said he would like to have money controlled by a computer. He also said it would be a better world without the Federal Reserve.
2020-4-16 13:02 | |
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Robert Kiyosaki, the writer and investor who gave the world the book ?Rich Dad, Poor Dad?, recommends buying Bitcoin because the US dollar is dying
2020-4-7 15:52 | |
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The shrinking global economy has all the elements of a deflationary shock—one which hasn’t been seen in decades. There has been much press about the incessant printing of fresh USD happening at the Federal Reserve.
2020-4-7 13:15 | |
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BlackRock CEO praises Federal Reserve but says stock-market bottom is "impossible" to know as unemployment surges and buybacks suspension keeps markets bleeding. The post Stock Market Bottom ‘Impossible’ to Call, Admits World’s Biggest Asset Manager appeared first on CCN.com
2020-3-31 18:18 | |
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If estimates for unemployment levels above 30% persist, banks could be in for a world of pain and even the Federal Reserve can't soften. The post U.S. Unemployment Estimates Point to a Debt Time-Bomb About to Explode appeared first on CCN.com
2020-3-31 17:13 | |
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The United States Federal Reserve has taken on a very huge task. The Covid-19 pandemic has sent world economies into a spiral. markets are reeling from the effects of the global shutdowns and restrictions of activities.
2020-3-29 14:28 | |
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For more than the last 100 years, the US dollar has reigned supreme over the rest of the world as the global reserve currency. But with the economy in shambles, and hyperinflation inbound for the US dollar, will Bitcoin unseat the dollar as the global reserve currency that rules for the next one hundred years?...
2020-3-27 22:00 | |
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You read that right. The Federal Reserve (Fed) plans to print not 50 BTC worth, but 50 Bitcoin Networks’ worth of dollars. Federal Reserve to Print $6 Trillion Central banks around the world are firing up their money-printing machines.
2020-3-25 16:08 | |
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The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto.
2020-3-19 08:10 | |
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Central banks around the world are cutting down rates and announcing their quantitative easing programs to fight the impact of the global coronavirus (Covid-19) pandemic. The US Federal Reserve has been injecting billions of dollars in market liquidity for quite some time now and recently it cut down its rates to zero percent and restarted […]
2020-3-18 17:39 | |
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Two days ago, the Supreme Court overturned the Reserve Bank of India’s cryptocurrency ban after determining that the decision was unconstitutional. This ruling was viewed as a major win for the cryptocurrency industry in the world’s second-most populous country.
2020-3-7 19:39 | |
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The central banks of the world are scrambling to keep their economies from collapsing as Coronavirus fears spread quicker than the virus itself. Yesterday’s rate cut by the Federal Reserve is the first of many stimulus measures that could be a boost for cryptocurrency adoption.
2020-3-5 04:10 | |
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For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019.
2020-2-19 00:10 | |
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The Office of the Director of National Intelligence wants to sponsor a post-doc researcher to study what would happen if the U.S. dollar lost its status as the world’s reserve currency.
2020-2-14 12:00 | |
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The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster. ” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that all that’s emerging from the crypto world “is burning garbage.
2020-2-13 19:45 | |
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While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money […] The post Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency appeared first on Bitcoin News.
2020-1-31 21:00 | |
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At the World Economic Forum in Davos, IOHK CEO, Charles Hoskinson spoke about how Bitcoin, cryptocurrencies and blockchain technology can help the world solve numerous problems that societies struggleThe post Cardano's Hoskinson says the dollar will 'recede' as world's reserve currency appeared first on AMBCrypto.
2020-1-24 22:30 | |
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Global officials and economists at the WEF voice the fact that Facebook’s Libra pushed the world to start reconsidering the U.S. dollar as anchor currency
2020-1-23 21:48 | |
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Over the past decades, central banks like the Federal Reserve have failed to keep inflation rates stable. Bitcoin may benefit from this trend. After the cryptocurrency’s upcoming halving, after which the coin will have “economically indisputable reasons” to become a legitimately competitive store of value versus other world currencies.
2020-1-24 21:00 | |
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Yesterday rumors circulated the internet that the US Federal Reserve will announce the creation of a digital dollar on the 16th. Although this cryptocurrency-like speculation turned out to be unfounded, they did spark some interesting takes about the impact a major global power digitizing their currency will truly have on the world.
2020-1-16 19:35 | |
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While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown.
2019-12-28 13:00 | |
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While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown.
2019-12-16 07:02 | |
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India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […]
2019-12-6 18:28 | |
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The dollar's loss might not be Bitcoin's gain. An oft-repeated narrative in the cryptocurrency industry is that the failings of the world economic order will eventually lead to a surplus in digitalThe post Bitcoin unmoved by Federal Reserve flooding the economy appeared first on AMBCrypto.
2019-12-5 16:30 | |
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The U. S. dollar is currently the reserve currency of the world, but it comes at the cost of trade imbalances and growing debt. Bitcoin, on the other hand, provides the world with a better alternative.
2019-11-20 21:10 | |
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As countries around the world are increasingly moving toward a digital currency backed by their national fiat, the hub of financial and technological innovation of the past decades is moving in the opThe post Stablecoins could 'negatively affect' financial Stability: Federal Reserve appeared first on AMBCrypto.
2019-11-16 12:30 | |
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The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto.
2019-11-14 11:44 | |
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Libra is in the shadow of the Federal Reserve. Since Facebook unveiled Libra, the world of digital payments has not been the same. Within a few weeks of the announcement by the social media giant, The post Libra or 'Megabank Monopoly' may be confronted by 'Public Competitor' FedNow appeared first on AMBCrypto.
2019-11-8 13:00 | |
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Just a few days after the Federal Reserve cut interest rates for the third time this year and the US national debt hit $23 trillion for the first time, billionaire hedge fund manager Ray Dalio released yet another LinkedIn post titled, “The World Has Gone Mad and the System Is Broken.” According to Dalio, it […]
2019-11-7 20:17 | |
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Move over U.S. dollar, Bitcoin’s self-settlement is key in disarming the weaponized world reserve currency, says Keiser
2019-11-7 13:55 | |
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The current financial system as we know it is broken. If everything was ticking along as it should the central banks of the world wouldn’t have to start helping the private banks which have been acting with impunity with other people’s money.
2019-11-6 07:00 | |
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The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.
2019-10-24 11:24 | |
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Fiat money has a surprisingly short lifespan. The almighty U. S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived.
2019-10-23 17:45 | |
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According to a recent report, Indian Minister of Finance and Corporate Affairs, Nirmala Sitharaman said that many countries had advised against rushing into cryptocurrency while addressing questions on Facebook’s Libra during the annual meeting of the International Monetary Fund and the World Bank.
2019-10-20 09:22 | |
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Facebook’s proposed digital currency, Libra, appears to have forced the US Federal Reserve to reconsider the idea of issuing its own purely digital means of payment. The issue is expected to be a hot topic at meetings of the International Monetary Fund and World Bank this week.
2019-10-16 03:18 | |
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With records broken on an almost weekly basis and an increasing numbers of players jumping into the fray, speed runs are no longer the reserve of a niche community on the fringes on the gaming world.
2019-10-13 15:46 | |
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The memecoin era just crossed a line no one expected this early. Dogecoin now has its own U. S. spot ETF. Grayscale has officially launched $GDOG, the first-ever spot Dogecoin ETF in the United States.
The decentralized prediction market sector just witnessed one of its biggest moments to date. @Rain__Protocol’s native token exploded more than 120% today after a public biotech company confirmed a massive nine-figure deployment into the ecosystem.
Key Takeaways: Monad Mainnet is now live, enabling real transactions, EVM-compatible app deployment, and early access to multiple consumer and DeFi apps. The launch introduces a high-throughput Layer-1 architecture using The post Monad Mainnet Goes Live as High-Speed L1 Opens With Full EVM Support and Day-One Apps appeared first on CryptoNinjas.
Key Takeaways: El Salvador acquired an additional 1,090.19 BTC worth about $101 million, its largest single purchase in months. The government’s accumulation goes beyond its ongoing 1 BTC per day The post El Salvador Adds $101M in Bitcoin as Government Buys 1,098 BTC During Market Dip appeared first on CryptoNinjas.
Port3 suffered a critical exploit today. A single validation flaw inside Nexa Network’s cross-chain CATERC20 token standard opened the door to unauthorized minting and a rapid price collapse. What followed was a full-scale breakdown of the token’s security model, a multi-address exploit, and now a complete token migration to stabilize the ecosystem. The incident is [...]
Hyperliquid is entering a critical moment. The project’s first major cliff unlock since its Token Generation Event (TGE) in November 2024 is scheduled for November 29, and the market is already reacting.
Cardano faced a rare and serious network disruption this week after a malformed ADA delegation transaction triggered a long-standing code flaw and caused the blockchain to split into parallel chains.