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Weakening dollar spells good news for dollar, including Bitcoin
Ever since its status as the global reserve currency was cemented at the Bretton-Woods conference in the latter stages of World War II, the US dollar has ruled all before it. Last year, as economies around the globe reeled from an inflation crisis not felt since the 1970s, the greenback hit a 20-year high. дальше »
2023-8-9 18:54 | |
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PayPal USD Debut: Why Its New Stablecoin Is Triggering Apprehension
PayPal has concluded an extended period of careful consideration, advancement, and setbacks to unveil its newly established stablecoin tied to the US dollar. The stablecoin, called PayPal USD (PYUSD), facilitates users in engaging in activities such as “purchasing, vending, retaining, and transferring” the token using the payment processor’s interface. дальше »
2023-8-8 12:17 | |
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PayPal Announce Launch of Its Stablecoin PYUSD in Partnership With Paxos
PayPal has announced the launch of its stablecoin PYUSD, backed by the US dollar and short-term treasuries, in partnership with Paxos. The post PayPal Announce Launch of Its Stablecoin PYUSD in Partnership With Paxos appeared first on BeInCrypto. дальше »
2023-8-7 17:55 | |
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PayPal launches a US Dollar stablecoin on the Ethereum blockchain
Key takeaways Fintech firm PayPal has launched a stablecoin on the Ethereum blockchain. The stablecoin is backed by the US Dollar and was launched in partnership with Paxos. PayPal joins the stablecoin train Silicon Valley-based payments firm PayPal announced on Monday, August 7th, that it had launched a US Dollar stablecoin. дальше »
2023-8-8 17:22 | |
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Tether (USDT) Begins to Exploit Circle’s Reserves, Analyst Reports: USDC Might Be Losing the Stablecoin Battle
The world of stablecoins, digital currencies pegged to stable assets like the US dollar, has been in a state of flux. With the rise of decentralized finance (DeFi) and the increasing prominence of stablecoins, understanding the underlying mechanics and strategies of major players is crucial. дальше »
2023-8-7 14:05 | |
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ETH/USD unable to break $2000 despite a bearish July NFP report
The July NFP report was more bearish than bullish for the US dollar Ethereum keeps failing at $2,000, but the series of higher lows remains intact Only a break below $1,300 would invalidate the bullish setup Market participants view the July NFP report released last Friday as neutral. дальше »
2023-8-6 14:04 | |
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Should you buy or sell Bitcoin ahead of the July NFP report?
The July NFP report is due today, and the US dollar’s volatility is set to increase Bitcoin holds close to its yearly highs The bias for Bitcoin remains bullish while the market holds above the rising trendline The Non-Farm Payrolls (NFP) report is released on the first Friday of each month. дальше »
2023-8-4 12:30 | |
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Stablecoins: A Potential Counter to De-Dollarization
Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance. дальше »
2023-8-3 16:44 | |
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Bitcoin volume falls to 3-year low as summer activity sags
Crypto volumes are sagging amid summer lull In dollar terms, the amount of Bitcoin moving on-chain is at three-year lows Trading activity commonly dies down in trad-fi markets at this time of year However, falling crypto volumes have been realised consistently over the last year, while the dropoff has been starker than other asset classes […] The post Bitcoin volume falls to 3-year low as summer activity sags appeared first on CoinJournal. дальше »
2023-8-3 13:26 | |
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Exclusive: Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty
Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stablecoin with an ambitious goal: leveraging cryptocurrency yields to lift millions out of extreme poverty. CryptoSlate spoke with Jasper Driessens, Co-Founder of Glo, about the project’s goals and how it leverages traditional finance to fund a non-profit stablecoin. дальше »
2023-8-2 08:00 | |
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BNB/USD vulnerable as a bearish flag formation points to a move below $200
BNB/USD forms a possible bearish flag pattern The US dollar strength is not responsible for the BNB/USD bearishness $200 provides support for now Bitcoin rallied in 2023 and holds onto its gains. Most other major cryptocurrencies did so too, but some exceptions exist. дальше »
2023-7-31 12:31 | |
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Dogecoin Price (DOGE) Breaking This Resistance Could Spark Fresh Surge
Dogecoin is showing positive signs above the $0. 075 resistance against the US Dollar. DOGE could extend its rally if it breaks the $0. 0835 resistance zone. DOGE is currently trading in a bullish zone above $0. дальше »
2023-7-31 08:03 | |
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Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,900
Ethereum price is struggling to clear the $1,880 zone against the US Dollar. ETH could start a fresh decline if it stays below $1,880 and $1,900. Ethereum is facing major resistance near $1,880 and $1,900. дальше »
2023-7-31 07:07 | |
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3 economic events to move the cryptocurrency market next week
Key US economic data is due this week An increase in the US dollar’s volatility should move the cryptocurrency market too The NFP report is the highlight of the week The final week of July is ahead of us, and cryptocurrency traders might want to consider what happens with the US dollar. дальше »
2023-7-30 09:19 | |
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Bitcoin price forecast with the help of EUR/USD
Bitcoin and EUR/USD have a direct correlation EUR/USD leads Bitcoin’s recent bullish trend has been based solely on the dollar’s weakness Today is the last trading day of a busy trading week in the traditional currency market. дальше »
2023-7-28 12:14 | |
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BNB Price Consolidates Below $250: What Could Trigger A Fresh Increase
BNB price (Binance coin) is consolidating below $250 against the US Dollar. The price could start a strong increase if it clears the $245 and $250 resistance levels. Binance coin price is struggling to gain pace above the $250 zone against the US Dollar. дальше »
2023-7-28 07:03 | |
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Ethereum Price Could Avoid More Downsides If It Closes Above One Key Level
Ethereum price is struggling to clear the $1,885 zone against the US Dollar. ETH could start a decent recovery if there is a close above $1,885 and $1,900. Ethereum is showing a few bearish signs from the $1,885 resistance. дальше »
2023-7-28 06:21 | |
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Bitcoin inverse relationship with dollar weakening
The US dollar is the global reserve currency, meaning it is a key influence on all risk assets Bitcoin has seen its negative correlation with the dollar pick up since the transition to a tight monetary regime, meaning it tends to strengthen when the dollar falls This inverse relationship has softened in recent weeks, as […] The post Bitcoin inverse relationship with dollar weakening appeared first on CoinJournal. дальше »
2023-7-28 18:23 | |
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SOL Price Prediction: Solana Hints At Potential Fresh Rally To $30
Solana is attempting a fresh increase above the $25 resistance against the US Dollar. SOL price might continue to rise steadily toward the $30 zone in the near term. SOL price is showing positive signs above the $24 level against the US Dollar. дальше »
2023-7-27 07:55 | |
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Ethereum Price Recovery Could Soon Fade If It Fails To Clear $1,900
Ethereum price is recovering above the $1,850 zone against the US Dollar. ETH could restart its decline if there is no move above the $1,900 resistance. Ethereum is slowly moving higher above the $1,850 zone. дальше »
2023-7-27 07:23 | |
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Tron Price Prediction: TRX Trades Near Key Juncture, Can It Rally Again?
Tron price is consolidating near the $0. 080 support against the US Dollar. TRX could outperform Bitcoin if the bulls stay active above $0. 080. Tron is holding major support near $0. 080 against the US dollar. дальше »
2023-7-26 08:43 | |
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Ethereum Price Poised for Further Declines Unless this Level Gives Way
Ethereum price is recovering from the $1,830 zone against the US Dollar. ETH could extend its decline if it stays below the $1,880 resistance. Ethereum is slowly moving higher from the $1,830 zone. дальше »
2023-7-26 07:52 | |
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Euro, Pound Rebound Against U.S. Dollar as Rates, Inflation Trends Diverge
The prospect of more rate hikes in Europe, and U.S. monetary tightening likely coming to an end is impacting currencies. дальше »
2023-7-29 09:00 | |
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Dogecoin Price (DOGE) Jumps 10% – Here’s Why The Bulls Could Aim $0.085
Dogecoin is gaining bullish momentum above the $0. 075 resistance against the US Dollar. DOGE could extend its rally toward the $0. 085 resistance zone. DOGE is currently trading in a bullish zone above $0. дальше »
2023-7-25 07:46 | |
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Ethereum Price Struggles Below $1,900 – Can Bulls Save the Day?
Ethereum price is showing bearish signs below the $1,900 resistance against the US Dollar. ETH could extend its decline toward the $1,780 support. Ethereum is showing bearish signs below the $1,900 level. дальше »
2023-7-25 07:10 | |
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Bitcoin Cash Price Could Restart Rally To $300 If It Breaks This Resistance
Bitcoin Cash price started a downside correction and tested $230 against the US Dollar. BCH might aim a fresh rally toward the $280 and $300 levels. Bitcoin cash price is consolidating above the $230 level against the US Dollar. дальше »
2023-7-24 08:44 | |
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Ethereum Price Hints At Potential Short-term Downtrend, Sell Rallies?
Ethereum price is struggling to clear the $1,900 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,850. Ethereum is showing bearish signs below the $1,920 level. дальше »
2023-7-24 07:52 | |
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Federal reserve drains a quarter of USD liquidity: economic consequences await
Quick Take Recently, the Federal Reserve (Fed) has initiated a policy shift that sees a decrease in United States Dollar (USD) liquidity by 25%, according to analyst Joe Consorti. This strategy contrasts markedly with the earlier Quantitative Easing (QE) policies. дальше »
2023-7-23 16:00 | |
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Crypto Market Forecast: Week of July 24th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, a US congressman takes aim at CBDCs, RFK Jr. announces plans to partially back the US dollar with Bitcoin if he is elected president, and long-time-hodlers of BTC hit a new all-time high. дальше »
2023-7-24 15:01 | |
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Top Analyst Plans To Short XRP If We Lose This Range
Twitter’s renowned technical analysis expert and top-notch crypto analyst, Crypto Tony (@CryptoTony__), has recently shared his insights on the price movement of XRP (XRP) against the US Dollar. дальше »
2023-7-22 11:58 | |
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Top 3 cryptocurrencies that outperformed the US dollar in 2023
Ripple delivered triple-digit returns so far in the trading year Bitcoin consolidates around the $30k level Ethereum is up more than 50% YTD During the summer months, trading slows as financial markets usually enter consolidation. дальше »
2023-7-22 11:54 | |
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Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
The U. S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U. дальше »
2023-7-22 20:58 | |
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Dogecoin Price Prediction: DOGE Seems Primed For Rally To $0.08
Dogecoin is gaining bullish momentum above the $0. 070 resistance against the US Dollar. DOGE could extend its rally toward the $0. 080 resistance zone. DOGE is currently showing positive signs above $0. дальше »
2023-7-21 06:53 | |
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Ethereum Price Prediction – Key Risks Warn Against Chasing ETH Higher
Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,875. Ethereum is trading in a range above the $1,875 level. дальше »
2023-7-21 06:31 | |
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What to expect as Bitcoin shows signs of decoupling from U.S. Dollar
U.S. Dollar Index plunged as hopes around end of Fed's interest rate hikes peaked. The weakening inverse correlation meant that issues pertinent to U.S. dollar movement would have little signifThe post What to expect as Bitcoin shows signs of decoupling from U.S. Dollar appeared first on AMBCrypto. дальше »
2023-7-20 14:30 | |
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More Crypto Politicians, Kennedy Jr.’s Vision: Bitcoin-Backed US Dollar & Tax Exemption
The announcement made by Democratic Presidential Candidate Robert F. Kennedy Jr. to back the US dollar with Bitcoin and exempt investors from capital gains taxes on Bitcoin profits is a bold and innovative proposal in the realm of cryptocurrency policies. дальше »
2023-7-20 09:45 | |
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ADA Price Hold Strong At $0.30: Indicators Suggest Fresh Rally To $0.38
Cardano’s price is holding the key support at $0. 30. ADA could start a steady increase if there is a clear move above the $0. 340 resistance. ADA price is showing positive signs above the $0. 30 level against the US dollar. дальше »
2023-7-20 07:51 | |
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