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Weakening dollar spells good news for dollar, including Bitcoin
Ever since its status as the global reserve currency was cemented at the Bretton-Woods conference in the latter stages of World War II, the US dollar has ruled all before it. Last year, as economies around the globe reeled from an inflation crisis not felt since the 1970s, the greenback hit a 20-year high. дальше »
2023-8-9 18:54 | |
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These Are the 6 Major Economies Looking to Distance Themselves From the Dollar
China, Russia, Brazil, Saudia Arabia, Iran, India, and Bangladesh explore ways to reduce their dependence on the dollar for international trade. The post These Are the 6 Major Economies Looking to Distance Themselves From the Dollar appeared first on BeInCrypto. дальше »
2023-6-27 20:30 | |
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Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%
The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U. S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies. дальше »
2021-7-18 20:30 | |
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“Bitcoin Is The ‘Backdrop’ To A Failing US Dollar,” Says Wyoming Senator-Elect
Global economies continue dealing with the black swan event, the Corona Virus pandemic, which has seen governments pumping trillions of dollars into the economy to keep them afloat. However, analysts and experts in the field are worried about the effect this could have on the fiat currencies in use worldwide as inflation increases. дальше »
2020-12-16 00:38 | |
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Japan Lawmakers Proposes Close Coordination with the US over Digital Currency
Politicians in Japan are appealing to the G7 members to collaborate and perform research on digital currency as a response to China’s schedule to launch the digital Yuan. Some Japanese lawmakers believe China's Digital Currency Electronic Payment (DCEP) could spread widely among the emerging economies and threaten the dollar's dominance. дальше »
2020-2-8 00:02 | |
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Will The Next World Reserve Currency Be a Crypto?
The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence in the US dollar, and is it time to think about a digital world reserve currency? Every Past Global Currency Had an End If we look back into history, there have been several world reserve currencies throughout the centuries. дальше »
2019-9-4 19:00 | |
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P2P Bitcoin And Dash Transactions Soar In Venezuela
Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month. Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to shortages of food and medicine, nationwide blackouts, riots and unstoppable hyperinflation that rivals that of the Zimbabwe dollar in the 1990s. дальше »
2019-8-20 14:00 | |
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Is Bitcoin Really A Hedge Against The US-China Trade War And Devaluing Yuan?
The trade war between the world’s two biggest economies continues to intensify while China’s yuan remains above the important physiological level 7 at 7.6 against the US dollar on Friday. With central banks around the world making rate cuts and a threat of currency crisis looming, Bitcoin is fast becoming a safe haven asset. According […] дальше »
2019-8-9 15:48 | |
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Russian Gold Stockpile Grows as Analysts Warn of Global Recession
Following sanctions imposed on Russia, Putin is supporting a mass gold stockpile expansion and a sale of U. S. debt holdings. With a trade war blazing, and sanctions laid across countries to force North Korea and its associates into submission, what happens to other economies? Countries like Russia are using this opportunity to step away from America’s mounting debt. дальше »
2019-3-22 23:00 | |
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Bitcoin Primely Positioned as U.S. Foreign Policy Pushes Rivals to Ditch Dollar
As President Donald Trump presides over geopolitical shape-shifting as the poster boy of separatist politics, the most significant clapback yet may be loss of confidence in the U. S. dollar. The dollar has been politically weaponized in the service of American interests and now other global powerhouses are betting on taking back control of their economies […] The post Bitcoin Primely Positioned as U. дальше »
2019-1-5 02:05 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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CFTC Chairman Highlights Cryptocurrency Being Helpful for Underdeveloped Economies
Despite expressing confidence that digital currencies cannot replace the dollar, the chairperson of the Commodities Futures Trading Commission, Chris Giancarlo, acknowledges that in some countries, people are yearning for a functional monetary system that is better than their local currency. дальше »
2018-10-4 19:27 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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