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Nalezeno "The Dollar": 2810

US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency

13.4.2021
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand...

Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar

12.4.2021
Mike Novogratz, the CEO of Galaxy Digital and bitcoin bull has warned that the United States’ failure to have its own digital currency could be an “existential crisis.” However, the CEO says the country’s fate is still in its hands. Novogratz made these comments a few days...

Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin

10.4.2021
The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000...

Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US

9.4.2021
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still...

Citi and IADB complete cross-border payment pilot with blockchain tech

8.4.2021
IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network

VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg

8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...

Ripple’s XRP Continues its Bullish Momentum, Crosses $1 Mark

7.4.2021
XRP, Ripple’s crypto-token, soared past the $1 price mark on Tuesday. This is a major achievement for Ripple ever since its 2018 all-time high of $3.31. On Tuesday, it gained up to 86%, and currently, its price stands at $1.05. XRP has been displaying a bullish movement throughout March when...

The Multi-Billion Dollar Cache: Microstrategy Purchases $15M Worth of Bitcoin, Firm’s Stash Jumps to 91,579 BTC

5.4.2021
The publicly listed firm Microstrategy purchased more bitcoin according to a tweet from the company’s chief executive officer Michael Saylor and a recent Securities and Exchange Commission (SEC) filing. The firm spent $15 million in cash and now holds 91,579 bitcoin in the company’s...

Here's why April may be the best month yet for Bitcoin price

3.4.2021
U.S. dollar weakness is painting a bullish short term outlook for Bitcoin in April

BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’

1.4.2021
The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said...

Stake Launches Epic Million Dollar Race For April

1.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com. Stake.com, the leader in Crypto Casino and Sports Betting, are pleased to announce an incredible promotion that will go live on April 1. A wagering race which is second to none and a prize pool that has to...

Tether stablecoin is fully backed, says new assurance report

30.3.2021
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman

Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments

30.3.2021
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency...

Bahamas' Sand Dollar nears commercial rollout as interoperability completed

29.3.2021
Following cybersecurity assessments, commercial institutions are being cleared to issue the world's first CBDC — the Bahamas' Sand Dollar

The Fed Plans to Unveil Digital Dollar Prototypes in July

28.3.2021
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes...