Central Bank of Bahamas Launches Landmark ‘Sand Dollar’ Digital Currency

2020-10-21 11:51

The Bahamas has officially launched the world's first national digital currency, the sand dollar.

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Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President

St. Louis Federal Reserve President James Bullard doesn’t think the leading digital currency poses a serious threat to the US dollar’s status as the world's reserve currency. “I just think for Fed policy, it's going to be a dollar economy as far as the eye can see and whether the gold price goes up or […] The post Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President first appeared on BitcoinExchangeGuide.

2021-2-17 18:27


JP Morgan: US Dollar Could Lose its Reserve Currency Status, Need for Investment Portfolio Diversification

The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […]

2019-7-25 20:16


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Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future

Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status.

2019-7-24 13:00


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‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders

P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattled southern African country.

2019-7-13 20:30


Barry Silbert Predicts Altcoin Price Explosion to Catch Bitcoin Rally

Large cap altcoins have appreciated nicely against the US Dollar in 2019. Their gains however, have paled in comparison to Bitcoin's bullish rally this year. But Digital Currency Group CEO Barry Silbert said in a tweet Wednesday that he expects the market value of quality altcoins to catch up to the Bitcoin price boom sometime […] The post Barry Silbert Predicts Altcoin Price Explosion to Catch Bitcoin Rally appeared first on CCN Markets

2019-7-11 10:45


TrustToken launching its first Asia-based stablecoin: TrueHKD

TrustToken, a digital stablecoin provider, today announced it is launching its first stablecoin pegged to an Asian currency, the Hong Kong dollar. The new stablecoin, TrueHKD, is fully backed by Hong Kong dollars and is launching with the support of Hong Kong-licenced digital asset custody provider Legacy Trust. TrueHKD is now available for purchase in […]

2019-6-25 02:55


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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


Bitcoin Price Shatters $11,000 on GBTC’s 37% Premium Over Skyrocketing Demand

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2019-5-29 11:08


History Shows Reserve Currencies Come & Go, So, Central Banks Stockpile Gold, Is Bitcoin Next On The List?

History Shows Reserve Currencies Come & Go, So, Central Banks Stockpiling Gold, Is Bitcoin Next On The List? Central banks and foreign governments buying gold at the fastest pace in six years US Dollar’s days as a reserve currency are numbered Just a decade old, Digital gold – Bitcoin could emerge as a global reserve […]

2019-5-17 22:17


Bitcoin Margin Trading Platform PrimeXBT Adds Forex, Indices, and Commodities

PrimeXBT, a global multi-asset Bitcoin-based margin trading platform known for offering advanced trading tools, launched Forex, Commodities, and Indices. By adding over 18 of the world’s most popularly trading FX currency pairs, PrimeXBT has a unique value proposition for the global trading community, offering a robust variety of financial instruments and combining world-class forex currencies, with digital currencies, commodities, and indices on one platform.

2019-5-15 21:29