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The US dollar doesn’t need to collapse for BTC to reach $200K — Bitwise CIO
30.10.2024
If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise CIO Matt Hougan.
The US dollar doesn’t need to collapse for BTC to reach $200K — Bitwise CIO
30.10.2024
If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise CIO Matt Hougan.
Ripple Reveals Exchanges for Stablecoin RLUSD Launch
16.10.2024
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds,...
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
14.10.2024
Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a hedge against inflation and economic...
Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
4.10.2024
Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses and individuals view stablecoins as a reliable...
US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
6.9.2024
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020
Crypto for Advisors: Bitcoin and Gold, Stores of Value
5.9.2024
The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of value” concept
Central banks buying gold at record levels, but Bitcoin still outperforms
2.9.2024
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
7.8.2024
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management practices. People often lose confidence in a currency when a central bank excessively prints money...
Is Bitcoin Still a Store of Value?
5.8.2024
It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe
Bitcoin to Reach $87K in 2024 and $383K by 2030, Finder Survey Predicts
26.7.2024
Bitcoin (BTC) is poised for substantial price increases in the coming years, according to a recent survey by Finder. The survey, conducted in July 2024, gathered insights from 32 crypto industry specialists, predicting that bitcoin could reach $87,169 by the end of 2024 and surge to $383,514...
Bitcoin will protect the wealth that AI creates: Pompliano
25.6.2024
AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says
Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team
18.6.2024
Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth in its network, which is in turn driven...
Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge
10.6.2024
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised...
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
26.5.2024
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because...
Mobs of Bonk Inu Token Traders Now Buying Mollars ICO
20.5.2024
Large mobs of Bonk Inu (BONK) token traders appear to be migrating into the ICO for Ethereum-Blockchain’s new store-of-value asset; A rival token for Bitcoin.
The post Mobs of Bonk Inu Token Traders Now Buying Mollars ICO appeared first on Cryptonews
Mollars Crypto Half as Popular as Pepe Token According To Google Trends
18.5.2024
The ICO for 2024’s new store of value [SOV] altcoin, Mollars (MOLLARS), is pushing quickly towards US$1,500,000. Today the project’s initial coin offering moved to 72%, leaving less than 28% of the tokens allocated for the presale available for purchase.
The post Mollars Crypto Half as Popular...
Shiba Inu (SHIB) Token Holder Swaps $23000 Into Mollars ICO — DCA’ing, King Shrimp Passed Whales
15.5.2024
A crypto shrimp, perhaps better called the King shrimp, who was earlier tracked by Crypto.News has upped the holdings of his Mollars token presale ‘bag.’ Buying frequently or dollar cost averaging into the presale, the traders frequent buys have made them what’s believed to be the biggest holder...
Lbank Now The 2nd Crypto Exchange To Confirm It Will List New Bitcoin Rival, Mollars Token
7.5.2024
The new Bitcoin rival, Mollars (MOLLARS), continues to gain ground before its official listing on public crypto exchanges. A second crypto exchange, “LBank,” announced Monday that it will list the new store-of-value crypto asset after the token presale closes.
The post Lbank Now The 2nd Crypto...
Mollars token creator sends animated ‘warning’ about Shiba Inu & Bitcoin founders
30.4.2024
Mollars initial coin offering is surging in presales while on it’s way to the event’s closeout. The new store-of-value asset, deemed the ‘Bitcoin for Ethereum blockchain,’ will complete its ICO stage on May 1st. But before the deadline, the founder is now stirring up controversy over...