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Price analysis 3/6: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
6.3.2023
Stock markets continue to trend upward, while crypto investors wait for this week’s Federal Reserve statements before choosing which direction BTC and altcoin prices will take
Crypto Banking Firm BCB Readies U.S. Dollar Payments to Plug Silvergate Gap
6.3.2023
BCB Group CEO Oliver von Landsberg-Sadie said he hopes to have dollar fiat-to-crypto rails in place and ready to go live early in the second quarter
Kenyan Forex Crisis: Central Bank Orders Financial Institutions to Ration Dollars
6.3.2023
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shortages have forced Kenyan firms to seek greenbacks on alternative markets where the exchange rate...
Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner
4.3.2023
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire...
Latam Countries Prepare Regional Agreement to Counter Rampant Inflation
4.3.2023
A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states...
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
3.3.2023
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar
Top Official Says US Treasury Assessing Viability of Digital Dollar – Here's the Latest
2.3.2023
The US is actively evaluating whether a digital version of the dollar is in the national interest, the US Treasury Department's undersecretary for domestic finance, Nellie Liang has said.
The work to assess the viability of a digital dollar – a form of central bank digital currency (CBDC) – is...
Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question
1.3.2023
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, suggested that the federal government’s work on a potential digital dollar is accelerating, saying leaders from various agencies and White House offices are starting meetings in the “coming months.”
Former Biden Advisor Reveals Administration's Drive Towards Digital Dollar – What's Going On?
1.3.2023
A former top economic adviser for President Joe Biden has revealed that the administration is pushing to launch a digital dollar in a bid to “crowd out” private cryptocurrencies.
During a Tuesday Senate Banking Committee hearing, Daleep Singh, a former deputy national security adviser...
US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
1.3.2023
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches
Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar
1.3.2023
A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations
BTC price needs to close February above 50-month trend line — analysis
28.2.2023
A key Bitcoin battleground forms the backdrop for the end of the month amid a warning that BTC price action "doesn't feel bullish."
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
28.2.2023
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase...
Price analysis 2/27: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
27.2.2023
Bitcoin and U.S. equities markets are attempting to recover, but selling at overhead resistance could continue to weigh on the bullish momentum
Bitcoin price eyes $24K retest as US dollar dives into monthly close
27.2.2023
A strong BTC price weekly close becomes an attack on resistance levels lost the week prior as DXY headwinds lessen
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency
26.2.2023
In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form...
How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets
26.2.2023
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies
This New Project Aims to Tap Into Half a Trillion Dollar Metaverse Market With Real-World Rewards - Here’s How It Works
25.2.2023
The metaverse is one of the most exciting concepts in the crypto market, and major projections on its future potential have many users stoked.
According to a recent Statista’s Advertising & Media Markets Insight report, the worldwide metaverse revenue would hit half a trillion dollars in the next...
Rich Dad Poor Dad Author Robert Kiyosaki Says He Buys Bitcoin Because He doesn't "Trust" U.S. Dollar
24.2.2023
Robert Kiyosaki, a world-renowned entrepreneur and author, has revealed that he buys more Bitcoin as he doesn't trust the U.S. dollar, which he termed as "fake."
Kiyosaki, who is the best-selling author of Rich Dad Poor Dad, has issued a stark warning regarding the weakening U.S. dollar during...
Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs
24.2.2023
Bitcoin fails to catch a break after "hot" PCE numbers punish U.S. stocks and brings DXY back from the brink of breakdown