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Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency

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. дальше »

2020-3-19 08:10


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‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus

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. дальше »

2020-2-19 00:10


Big Shift in Workforce and Inheritance Boom Will Make Bitcoin a Multi-Trillion Dollar Asset Class

Since falling from $9,200 on the weekend, Bitcoin price has now got stuck around $8,600. The world’s leading cryptocurrency is up over 18% YTD but down 0.17% in the past 24 hours. Trading at $8,636 as per Coincodex, it is currently managing the daily trading volume of $473 million as per Messari, down from $1 […] дальше »

2020-1-22 23:19


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Cryptocurrency Industry Debates Digital Dollar as Former Regulators Form Think Tank

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. дальше »

2020-1-16 19:35


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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


World Economic Forum States That Stablecoins Could Temper US Dollar Domination Risk

Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […] дальше »

2019-11-29 23:13


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


Crypto wallet and bank app Cashaa adds support for USD accounts

Crypto wallet and banking service application Cashaa, has announced the launch of US dollar bank accounts for crypto businesses in partnership with Metropolitan Commercial Bank. Starting from November 25th, those interested can apply for US dollar accounts with full banking features through Cashaa from anywhere in the world, except for sanctioned countries. дальше »

2019-11-15 03:55


US Based Crypto Exchange, Kraken, Rolls Out Omisego (OMG) and Pax Gold (PAXG) Trading

Kraken, the World’s 12th largest Crypto Exchange, as per Coin360 states, recently added Ethereum based tokens, Omisego and Pax Gold, to its ecosystem. Its clients will now be able to transact the two tokens against fiat currencies like the Dollar and Euro in addition to Bitcoin and Ether crypto coins. The coin exchange whose headquarters […] дальше »

2019-10-29 16:16


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


Pro-Crypto US Congressman Warren Davidson Proposes US Dollar Tokenization Concept

Renowned crypto advocate US Congressman Warren Davidson who is well known among the crypto worshippers due to his Token Taxonomy Act is now proposing the tokenization of the US dollar. In a series of tweets, Davidson asked about the impact tokenization of the dollar would have in the world. Appearing in a recent CNBC’s show […] дальше »

2019-9-28 23:58