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Billionaire Ray Dalio Believes Digital Yuan Could Become Global Reserve Currency; Could Run on Ethereum

According to billionaire investor Ray Dalio, the CBDC race seems to be heating up, and China may emerge a winner. Digital Yuan To Outpace Digital Dollar Bridgewater Associates founder Ray Dalio pointed out that China's digital yuan could serve as a threat to the continued dominance of the US dollar in the global marketplace. дальше »

2021-6-1 20:38


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Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US

According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […] дальше »

2021-4-9 10:30


Binance Funding Remains Negative, Providing Rocket Fuel for Bitcoin

Bitcoin’s short-term trend has grown somewhat unclear as of late, with the cryptocurrency being unable to extend its momentum past $13,800 This level has historical significance, as it is where BTC’s uptrend stalled back in the summer of 2019 when it rallied The sharp rise in the US Dollar’s value that took place yesterday may have been what sparked this movement Despite it now consolidating at just above $13,000 as bulls and bears reach an […] дальше »

2020-10-30 02:00


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Bitcoin to Hit Critical Support Level as Analysts Eye Drop to CME Gap

Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […] дальше »

2020-9-23 02:00


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Winklevoss Twins Pen Down the Bullish Case for $500k Bitcoin

The Winklevoss twins —the founders of the regulatory compliant Gemini, are convinced the U. S. dollar is no longer a reliable store of value. Instead, their confidence is on Bitcoin.   Gold and Oil as Store of Value Assets On Aug 27, the Winklevoss twins penned an article detailing why the digital asset may rise to $500k a pop,Read MoreRead More. дальше »

2020-8-28 17:02