What a Weakening US Dollar Means for Bitcoin and the World

Russia and China are actively undermining USD dominance, with central banks diversifying reserves and exploring alternatives. Bitcoin could play a crucial role in this shifting financial landscape, offering a new path toward economic freedom. дальше »

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Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’

If the U.S. were to design a digital dollar that protects the privacy of its users and is free of surveillance tools, it could reach mass adoption, the Digital Dollar Project co-founder said. дальше »

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Ted Cruz and Ron DeSantis take on the ‘digital dollar’: Law Decoded, March 20–27

Two lawmakers in one week weighed in against the possibility of a United States central bank digital currency.

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Известный экономист не верит в рост биткоина до $1 млн за три месяца

Экономист и автор культовой книги «Стандарт биткоина» Сейфедин Аммус не поддержал прогноз о достижении первой криптовалюты цены в $1 млн в ближайшие три месяца. I feel dirty sounding bearish on bitcoin, but I do not think bitcoin will hit $1m in 90 days & and I do not think the dollar can possibly hyperinflate this quickly. My […] дальше »

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Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley

Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the report said. дальше »

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Ex-Coinbase CTO Claims US Dollar is No Longer Too Big to Fail, Touts Bitcoin

Coinbase former CTO Balaji Srinivasan said the USD is not too big to fail and expects Bitcoin (BTC) to replace it as the global reserve currency. The post Ex-Coinbase CTO Claims US Dollar is No Longer Too Big to Fail, Touts Bitcoin appeared first on BeInCrypto. дальше »

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Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents. дальше »

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Cardano (ADA) Price Saw Technical Breakout: Big Reaction From Bulls Imminent

Cardano’s price started a fresh increase above the $0. 35 resistance. ADA rise further if it clears the $0. 388 resistance zone. ADA price is gaining bullish momentum above the $0. 350 support against the US dollar. дальше »

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Ethereum Price Rally To $2,000 On The Horizon, As Bears Show Weak Hands

Ethereum price started a fresh increase above the $1,800 resistance against the US Dollar. ETH is showing positive signs and might rally towards $2,000. Ethereum remained strong above the $1,700 zone and recovered losses. дальше »

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Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed. дальше »

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Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo

Political attacks on CBDCs gives a pass to existing government and commercial oversight of financial transactions, says Christopher Giancarlo, cofounder of the Digital Dollar Project. дальше »

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AVAX Price Prediction: Avalanche Bulls Aim $20 or Higher

AVAX price is holding the key $16. 00 support zone. The price might start a major increase if there is a clear move above the $17. 80 resistance zone. AVAX price is showing a few positive signs above the $16 level against the US dollar. дальше »

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Ethereum Price Just Saw Key Technical Correction But Key Support Intact

Ethereum price started a downside correction from the $1,840 zone against the US Dollar. ETH is still holding the $1,700 support and might attempt a fresh increase. Ethereum reacted to the downside from the key $1,840 resistance zone. дальше »

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In Defense of a Digital Dollar

Fears about mass financial surveillance are real with CBDCs, but banning them, as Republicans have recently proposed, will not help. Instead, more research is needed, says Ananya Kumar. дальше »

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Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar

The putative presidential candidate’s plan to ban a CBDC at state-level is unworkable constitutionally. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras. дальше »

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Russia will use Chinese yuan for transactions, avoiding sanctions

A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.  дальше »

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XRP Price Prediction: 25% Surge Could Be Just Start of A Larger Trend

Ripple rallied above the $0. 400 and $0. 450 resistance levels against the US Dollar. XRP price is up over 25% and there could be more upsides in the near term. Ripple is gaining pace above the $0. дальше »

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Ethereum Price Could Stage Strong Rally If It Closes Above This Resistance

Ethereum price is still holding gains above $1,750 against the US Dollar. ETH could start a major rally if there is a close above the $1,850 resistance zone. Ethereum is slowly moving higher towards the $1,840 resistance zone. дальше »

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Conflux’s CFX futures open interest spikes to $125M

Conflux (CFX/USD) has seen the dollar value of its contracts in key exchanges jump to the highest level in months. This open interest is one of the top reasons why Conflux price has been in a strong upward trend and currently sits at the highest level since September 21. дальше »

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GALA Announces Lawsuit Against pNetwork

Gala holds pNetwork responsible for the loss of millions of dollars in damages, and a chunk of its reputation.   GALA is taking on pNetwork in court. The case will determine who is responsible for a multi-million dollar breach back in November 2021. дальше »

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Florida CBDC ban: Governor cites 'reckless adoption' of digital dollar

Florida Governor Ron DeSantis has called for a state-wide CBDC ban. DeSantis stated that he hoped to have CBDC legislation on his desk for approval by 2023. Florida Governor Ron DeSantis, a The post Florida CBDC ban: Governor cites 'reckless adoption' of digital dollar appeared first on AMBCrypto. дальше »

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US Dollar Market Share on Crypto Exchanges Plunges From 69% to 47% in One Year

The United States dollar is taking a hit, as its fiat market share declined from 69% to 47% in the span of a year on crypto exchanges. The post US Dollar Market Share on Crypto Exchanges Plunges From 69% to 47% in One Year appeared first on BeInCrypto. дальше »

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SOL Price Prediction: Solana Gearing For Another Lift-Off to $25

Solana is slowly moving higher above the $22 resistance against the US Dollar. SOL price could rally further if there is a clear move above the $22. 80 resistance. Sol price is showing positive signs above the $20 pivot level against the US Dollar. дальше »

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Ethereum Price Underperforms and Turns At Risk of Downside Break

Ethereum price is struggling to clear the $1,840 resistance against the US Dollar. Bitcoin outperformed ETH, resulting in a risk of a break below $1,740. Ethereum seems to be forming a double top near the $1,840 zone. дальше »

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U.S. Banking Cutoff Presents Opportunities for Crypto in Europe

U.S policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge. дальше »

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BNB Price Surges Over 20% in a Week And Rally Seems Far From Over

BNB price (Binance coin) is up over 20% and trading above $320 against the US Dollar. It could continue to move up if there is a break above the $335 resistance. Binance coin price is showing bullish signs above the $320 level against the US Dollar. дальше »

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Ethereum Price Seems Ready For Another Leg Higher Over $1,750

Ethereum price is rising and trading above $1,700 against the US Dollar. ETH could gain bullish momentum if it clears the $1,720 resistance zone. Ethereum found support near $1,620 and started a fresh increase. дальше »

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Shiba Inu community divided over allegations of code, chain ID plagiarism

“I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2, have another projects Chain ID,” wrote one user. дальше »

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Bitcoin hovers at $25k amid US dollar surge and Credit Suisse meltdown

Bitcoin retained its position near $25,000 on March 16 as it attempted to break toward the week’s highs, despite a surging U.S. dollar combined with banking crisis contagion. дальше »

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Sovryn Introduces Decentralized Bitcoin-Backed Sovryn Dollar, to Combat Centralized Stablecoins

London, United Kingdom, 16th March, 2023, Chainwire Sovryn, the leading Bitcoin-based decentralized finance (DeFi) platform, launches the Sovryn Dollar (DLLR). The Sovryn Dollar introduces a new standard of stablecoin, 100% backed by Bitcoin to provide unparalleled censorship-resistance, security, and reliability. дальше »

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Ethereum Price Dips Further But 100 SMA Is The Key To Fresh Increase

Ethereum price is correcting gains from the $1,780 zone against the US Dollar. ETH must stay above the 100 hourly SMA to start a fresh increase. Ethereum started a downside correction from the $1,780 resistance zone. дальше »

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Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

BTC price attempts to break toward the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls.

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Bitcoin Isn’t Trading as a Currency but as a Speculative Asset: Morgan Stanley

The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said. дальше »

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Binance Halts GBP Deposits and Withdrawals

Only a month after halting U.S. dollar bank transfers, Binance is now being forced to cease processing British pound deposits and withdrawals as well. Only 1% of Users Impacted Crypto... дальше »

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OKCoin pauses USD deposits following Signature Bank collapse

Crypto exchange OKCoin has halted U.S. dollar wire deposits in response to Signature Bank's collapse. дальше »

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USDC Redeemable to Dollar Again as Stablecoin Regains Peg

Coinbase resumes USDC to USD conversion as the banks reopen after the weekend break. The stablecoin has regained its $1 peg. The post USDC Redeemable to Dollar Again as Stablecoin Regains Peg appeared first on BeInCrypto. дальше »

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Circle partners with Cross River as other banks collapsed

Circle has partnered with Cross River as regulators shut down Silicon Valley Bank and Signature. The partnership ensures that USDC maintains its 1:1 peg to the US dollar. Circle, one of the largest stablecoin issuers in the crypto ecosphere, announced… дальше »

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DAI recovers after severe depeg caused by USDC ripple effect

MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88. As the Silicon Valley Bank saga continues, the price of USDC, which is pegged to the US dollar,… дальше »

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Cardano (ADA) Price Rally Reaches Crucial Juncture, $0.35 Is The Key

Cardano’s price started a fresh increase above the $0. 32 resistance. ADA rise further if it clears the $0. 350 resistance zone. ADA price is gaining bullish momentum above the $0. 320 support against the US dollar. дальше »

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Ethereum Price Signals Bullish Breakout, Why Dips Turned Attractive

Ethereum price rallied over 10% and broke the $1,600 resistance against the US Dollar. ETH could continue to rise if it stays above the $1,580 support zone. Ethereum started a major increase above the $1,565 resistance zone. дальше »

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Circle Pledges To ‘Stand Behind’ USDC And Cover Missing Liquidity In Failed Silicon Valley Bank

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Worst Time to Swap USDC Is Now: Top VC Investor Dovey Wan on Market Panic

Primitive Crypto founder Dovey Wan explains why it might be too early to panic amid USDC depegging from U.S. Dollar дальше »

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USDC Stablecoin Loses Dollar Peg Following Collapse of Major Banking Partner

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XRP Used as Solution by Blockchain Financial Service to Convert Funds During USDC Depeg

USDC was still below dollar peg at $0.918 at time of writing дальше »

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$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entire market. дальше »

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‘NakaDollar’: Ex-BitMEX CEO Proposes Stablecoin Backed By Bitcoin And Exchanges

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BNB Price Grinds Lower, Here’s Next Bearish Target Traders Should Watch

BNB price (Binance coin) is moving lower below $290 against the US Dollar. It could continue to move down if there is a drop below $270. Binance coin price is showing bearish signs below the $300 level against the US Dollar. дальше »

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Ethereum Price Nosedives and Signals A Larger Degree Decline

Ethereum price is down over 8% and trading below $1,450 against the US Dollar. ETH remains at risk of a larger decline towards $1,350 in the near term. Ethereum started a major decline from the $1,565 resistance zone. дальше »

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Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool

One of the top Republican lawmakers, Rep. Tom Emmer (R-Minn.), is campaigning to stop what he argues is the intent of President Joe Biden’s administration to set up a digital dollar that could be deployed to collect information about citizens’ financial lives. дальше »

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Bitmex Co-Founder Calls For A Bitcoin-Based Stablecoin

Former CEO and co-founder of BitMex crypto exchange Arthur Hayes proposed a new stablecoin design with a value pegged to Bitcoin. He called it Satoshi Nakamoto Dollar (NUSD) or NakaDollar. The crypto community continues supporting stablecoins despite several misgivings among global regulators and central banks. дальше »

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