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Gold Rally Peaks: 5 Reasons Bitcoin Will Likely Outperform The Precious Metal
Ahead of the United States’ second round of economic stimulus, gold and Bitcoin exploded as the dollar fell. According to financial analysts, after setting a new record the gold rally may be peaking, leaving room for the cryptocurrency market to catch up to precious metals. дальше »
2020-7-30 04:00 | |
Avanti to Launch Crypto Banking Services in October; Will Roll Out A Digital Asset for Payments
Avanti Financial Inc has been approved by the Wyoming Division of Banking to operate a crypto-focused bank; the Caitlin Long led startup now plans to launch as early as October 2020. According to a blog post announcement by the firm, it will also pioneer a new digital asset dubbed ‘Avit,' which will improve dollar payment […] дальше »
2020-7-24 16:09 | |
US Fed Chair Jerome Powell Rules Out The Private Sector in Creation of a Digital Dollar
Jerome Powell, the U.S Fed Reserve Chairman, has said that private entities should not be part of the creation process of a digital dollar. Appearing before the House Financial Services Committee on June 17, the Fed Chair highlighted that monetary policy functions should be left to the central banks regardless of the operating ecosystems. On […] дальше »
2020-6-18 19:14 | |
$60B Asset Fund, WisdomTree Trust, Files For A New ETF; Will Includes 5% In Bitcoin Futures
Institutional investors are taking up positions in the Bitcoin market attracting some of the biggest Wall Street hedge funds and financial institutions. WisdomTree Investments, a $60 billion dollar hedge fund, announced the launch of an electronic traded fund (ETF) index comprising of a number of digital assets including BTC. дальше »
2020-6-17 15:58 | |
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar. ” A number of well known individuals participated including the former Chairman of the U. дальше »
2020-6-13 22:30 | |
Digital Dollar Launch Draws Near as U.S. Authorities Hold Fresh Talks
The House Financial Services Committee’s Task Force on Financial Technology is scheduled to hold a meeting on Thursday, June 9, 2020, to brainstorm and come up with the best way to deliver stimulus money during times of pandemic like the COVID-19 and other emergency scenarios. дальше »
2020-6-11 23:00 | |
The US Needs A Digital Dollar To Maintain Its Financial Values, Says Ex-CFTC Chair Chris Giancarlo
The world is staring at a financial evolution that should usher in a new age of government-backed financial systems built on the backbone of new technologies. The advent of cryptocurrencies like Bitcoin is a clear indication of the evolving monetary situation. дальше »
2020-5-29 18:51 | |
Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. дальше »
2020-5-7 16:55 | |
The U.S. Dollar is Dying, Buy Bitcoin: “Rich Dad Poor Dad” Author
The past few weeks have undoubtedly been rough for crypto; from the February highs, Bitcoin has fallen 36%, reaching a low of $3,800 in March. Robert Kiyosaki, the author of the popular financial book “Rich Dad Poor Dad,” sees no reason to fear, though. дальше »
2020-4-5 11:00 | |
Robert Kiyosaki: ‘Save Gold, Silver & Bitcoin’ Instead of the Dollar
Popular businessman and author best known for his bestselling book ‘Rich Dad Poor Dad’ published in 1997, has given his opinion on the world’s current financial situation. Instead of saving funds in dollars, the author believes that Bitcoin is one of the best ways to preserve wealth. дальше »
2020-4-5 22:49 | |
‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill
The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does. дальше »
2020-3-25 17:15 | |
Cardano’s Charles Hoskinson Likens the US Dollar to the Scam Cryptocurrency, Onecoin
The US Congress has mandated the nation’s central bank, the Federal Reserve (Fed), to print an infinite amount of cash to help the nation navigate the ongoing economic crisis. The funds will be available to local businesses and investors in the financial markets to shield them against the impacts of the Covid-19 disaster. Fed president […] дальше »
2020-3-24 14:45 | |
Could a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It Might
Fed Chairman Powell has given financial privacy advocates a glimmer of hope – and hinted at how the U.S. might competitively position a digitized dollar. дальше »
2020-2-13 03:15 | |
China’s Digital Yuan will “Certainly Erode the Dollar’s Primacy in the Global Financial Market” – Deutsche Bank Report
The latest research on “The Future of Payments,” by Deutsche Bank titled “Part I. Cash: the Dinosaur Will Survive … For Now,” talks about the existence of cash even though there would be a transition to the digital payments. дальше »
2020-1-26 22:39 | |
Ethereum Can Reach a Trillion Dollar Market Cap, But There is a Key Roadblock
Ryan Sean Adams, founder at Mythos Capital, made a case for a trillion dollar Ethereum market cap. And it’s all about decentralized finance (DeFi). DeFi refers to decentralized applications or platforms that allow investors to engage in traditional financial services by using Ethereum as collateral. дальше »
2020-1-20 13:14 | |
Swiss Crypto-Friendly SEBA Bank To Raise An Additional $96.5M 2 Months After Getting License
SEBA, is the famous crypto bank which obtained its regulatory license last year in November from the Financial Market Supervisory Authority (FINMA). The crypto asset bank is looking to raise a secondary capital of 100 million Swiss Francs which is equivalent to $95 million US Dollar, reported Financial News London. SEBA and its competitor Sygnum […] дальше »
2020-1-18 18:45 | |
WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar. дальше »
2020-1-14 03:13 | |
Binance USD Stablecoin Pleases Tough New York Regulators
Binance’s USD-backed stablecoin, BUSD, has received approval from the notoriously-stringent New York regulatory body, the New York State Department of Financial Services (NYDFS). The USD-backed stable coin is directly tied to the United States Dollar on a 1:1 basis and provides users with the chance to digitize their money. дальше »
2020-1-6 13:30 | |
Crypto’s Counterpunch to U.S. Hegemony and Empire
“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime. ” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony refers to the leadership or dominance of one country or group over others. дальше »
2019-12-27 14:48 | |
Will a Unified Muslim Crypto Asset End US Dollar Domination?
Iranian President, Hassan Rouhani, has suggested a unified Muslim crypto asset in talks with the Malaysian Prime Minister and Turkish President during the Kuala Lumpur Summit 2019. Rouhani said that the move would strengthen cooperation amongst Muslim nations and enhance resistance to financial shocks and manipulation by the US. дальше »
2019-12-21 16:17 | |
Cryptocurrency Payments Processor Simplex now Supports JPY and CAD
Simplex, a European Union-licensed financial institution that functions as the fiat gateway provider of top crypto exchanges like Binance, Huobi, Poloniex and a host of others, has now added support for two more fiat currencies: the Japanese yen (JPY) and Canadian dollar (CAD). дальше »
2019-12-11 00:00 | |
Mnuchin Has No Problem With Libra Crypto Launch; Agrees With Powell, No Need For A Digital Dollar
Steven Mnuchin, the US Treasury Secretary said that he and Jerome Powell, the Federal Reserve Chairman, think the US doesn’t need to create a digital currency soon. This is what Mnuchin declared on Thursday, at a Washington House Financial Services Committee hearing: “Chair Powell and I have discussed this — we both agree that in […] дальше »
2019-12-6 17:59 | |
BlockFi Launches Crypto Trading Platform
BlockFi, the New Jersey-based DeFi company, has launched a crypto trading platform. The startup’s suite of financial services products now includes BlockFi Trading. BlockFi Trading will roll out trading between its three supported digital assets, the Gemini dollar, Bitcoin, and Ether, before presumably expanding to include a larger number of crypto assets. дальше »
2019-12-6 17:00 | |
Adaptive Capital’s Misir Mahmudov: Bitcoin Can Take the World Out of Debt, Helps Millions Save
Misir Mahmudov is the author and operations associate for a crypto hedge fund called Adaptive Capital. As the US dollar loses its real-world value, Bitcoin price models may become useless. Bitcoin arose as a result of a massive financial crisis, and it has become a growing industry since then. дальше »
2019-11-28 00:44 | |
Circle’s USDC Stablecoin Receives Clean Audit Report; Fiat Backed Reserves Grow by Over 50%
The USDC stablecoin parent company, Circle, most recent audit report shows the firm is liquid enough to back its 1:1 token peg ratio against the dollar. According to the audit done by Grant Thornton, Circle’s operation is well balanced besides being supported by Financial Services giant, Goldman Sachs. Back in October, Circle issued a circulating […] дальше »
2019-11-21 19:15 | |
China’s Digital Yuan Could Disrupt The Global Financial System According to Simulation
A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […] дальше »
2019-11-21 18:42 | |
China Looks To Overtake The US As The Leader In International Technological And Financial Supremacy
The United States of America has been at the forefront of most of the technological innovations be it the space race or the latest quantum supremacy achieved by Google. Even on the financial end, the US Dollar is still the main barter for international trade. But, with the start of the 22nd century, there is […] дальше »
2019-11-18 21:30 | |
All Time High: 2.4 Million ETH is Now Locked in DeFi, DAI Tops $100 Million
The amount of ethereum locked in decentralized financial applications, dubbed as DeFi (for defiance?), has reached an all time high of 2. 417 million eth. The dollar amount is near the. . . The post All Time High: 2. дальше »
2019-11-8 19:14 | |
Bitcoin Pioneer Max Keiser: China’s DCEP Cryptocurrency Token Will Be Gold-Backed
According to Max Keiser, a financial commentator, China’s cryptocurrency DCEP will be backed by gold and not the US dollar. He also noted that gold is currently making new significant highs against flat currencies. дальше »
2019-11-2 19:11 | |
Nearly 1/3 of Americans Believe This Myth About the US Dollar
Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the tip of the iceberg when it comes to US financial illiteracy, however. дальше »
2019-11-1 23:41 | |
Bitcoin Mining Firm Study Shows How Clueless People are About Money
A study by Bitcoin mining firm Genesis Mining has shown that a startling number of US citizens have no idea about how their financial system works. A whopping 29 percent of respondents said they thought the US dollar is still backed entirely by gold. дальше »
2019-11-1 23:00 | |
Zuckerberg reminds Congress that Libra has not forgotten the US Dollar
Finally, after four months of Facebook unveiling its payments move to disrupt the world economy as we know it, CEO Mark Zuckerberg stepped into the ring. Libra was the centre of attention in Washington D. дальше »
2019-10-24 16:30 | |
Facebook will walk away from Libra if it doesn’t meet U.S. regulators’ standards
Facebook’s intention to launch its cryptocurrency project, Libra, has raised serious concerns about Mark Zuckerberg’s plans to establish a global digital currency that would challenge the U. дальше »
2019-10-24 20:15 | |
Dallas Fed Reserve President Weighs In On Releasing A Digital Currency As A Hedge For Dollar Value
Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […] дальше »
2019-10-17 18:43 | |
Ex-CFTC proposes blockchain-based dollar to save declining fiat
2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their native CBDC was almost already, and in recent reports, Bank of Canada also entered the […] The post Ex-CFTC proposes blockchain-based dollar to save declining fiat appeared first on AMBCrypto. дальше »
2019-10-17 12:00 | |
Celsius Network Crypto Mobile App Partners with Trust Token; Adds 4 New Stablecoins
Celsius Network, a blockchain based marketplace for crypto financial products, announced its partnership with Trust Token, a stable coin company, to offer high interest incomes on five new stable coins. дальше »
2019-10-17 22:48 | |
Bitcoin to Shine Once Liquidity Crisis Gets Triggered
The global dollar shortage is a looming crisis that doesn’t get much media attention. Instead, we keep hearing about the trade war and the seesawing stock market but almost nobody talks about the biggest problem that overshadows them all. дальше »
2019-10-8 16:00 | |
Will the US Launch a Crypto Dollar? Coinbase CEO Ponders
Facebook’s attempted foray into the crypto world certainly grabbed the world’s attention. Meanwhile, China’s intentions to launch its own stablecoin grabbed the attention of US politicians. Industry leaders are now wondering whether the US will get left behind due to its negative stance towards digital assets. дальше »
2019-10-6 15:00 | |
US Congressmen Recommend Federal Reserve to Develop a National Cryptocurrency
Two representatives – French Hill (R-Arkansas) and Rep. Foster (D-Illinois), have asked the Federal Reserve, the country’s most significant financial institution, to bear in mind developing a digital dollar. дальше »
2019-10-3 18:30 | |
Bitcoin or Digital USD Could Save Global Economy Since Weakening Dollar Is World’s Only Hope: Opinion
A perfect soil for a BTC rise would be a major financial crisis, some experts believe, and now CNBC says that weakening USD could be the only hope for the global economy дальше »
2019-10-3 14:56 | |
Bitcoin (BTC) Price Screams Buy As US Dollar, Stocks Rally
All’s well that end’s well. The US stock market seemed to have followed the message in spirit as it started the week and ended the month today on a ‘green note’. And speaking of green, greenback, the US dollar hit its highest level since 2017. дальше »
2019-10-1 22:44 | |
Pomp: The U.S. Must Tokenize the Dollar to Remain Competitive
In a recent interview with CNBC’s Squawk Box, Anthony Pompliano, the co-founder of Morgan Creek Digital, has argued that the United States must tokenize the dollar to remain competitive in the shifting global financial landscape. дальше »
2019-9-29 22:07 | |
Ex-Fed Official: BoE Boss Barking Up Wrong Tree On Crypto
Going against the central bank grain Mark Carney has proposed a cryptocurrency akin to Facebook’s Libra crypto as a hedge against US dollar dominance. A former senior Federal Reserve official thinks he is barking up the wrong tree. дальше »
2019-9-26 12:00 | |