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Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine
30.7.2020
The dollar index dropped to it's lowest level since May 2018
Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
30.7.2020
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst...
Bitcoin Is a Better Hedge Against USD Than Gold
30.7.2020
Enjoying a stronger negative correlation with the U.S. dollar than gold, Bitcoin may start to present a more attractive alternative to both in the eyes of the investors
First Mover: Crypto Traders ‘Greedy’ as Goldman Warns on Dollar
29.7.2020
As the dollar faces a diluted world status, cryptocurrencies like ether and bitcoin are soaring, with a popular sentiment index now registering "greed."
Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
28.7.2020
Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold...
Goldman Sachs Strategist Warns of 'Real Concerns' Over US Dollar
28.7.2020
More strategists at major banks are voicing out their opinions about the position of the US dollar today, as well as its longevity. With the recent gold price rally, and fuelled by the ongoing and growing socio-economic issues, the USD's position as the world's reserve currency might...
Why Bitcoin-Like Scarcity Would Be a Disaster for the Dollar
28.7.2020
Calls to restrict the Fed's money printing powers fail to recognize the likely consequences, including price instability
First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K
28.7.2020
As the U.S. dollar’s value slides, prices are suddenly rising for just about everything priced in dollars.  That includes bitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices soared past levels reached in February, prior to...
How Billion-Dollar Crypto Scams Lure Victims
25.7.2020
In the past week, reports emerged that some key members of the Onecoin scam were found dead in Mexico. According to reports, the two Oscar Brito Ibarra and Ignacio Ibarra may have been kidnapped and murdered but the motives behind their murder is unclear. Onecoin is one of the biggest...
English Football Club Hit With Multi-Million Dollar Ransomware Attack
23.7.2020
Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector
Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
23.7.2020
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony
Tech Like CBDCs Central to Senate Hearing on China-US Competition
22.7.2020
Senate looks at tech and innovation, including CBDC development, as critical area within rising tensions with China
What If the Too-Strong Dollar Is a Solved Problem? Feat. Jon Turek
17.7.2020
Finance writer Jon Turek argues that between Federal Reserve swap lines, Europe stabilization and a few other factors, the strong dollar problem may be (temporarily) solved
Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec.
17.7.2020
Japan may need to rely on the United States to have some influence over the development of digital currencies
The Bahamas Edges Closer to Hurricane-Proof Digital Currency
15.7.2020
The Bahamas is betting that its mobile phone-based digital currency could be the key to faster post-disaster economic recoveries
How a Digital Dollar Can Make the Financial System More Equitable
15.7.2020
Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S
Does COVID-19 Have the World Rethinking Dollar Supremacy?
12.7.2020
A reading of a piece by a Yale professor and former head of Morgan Stanley Asia arguing the dollar’s status is changing rapidly
Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars
12.7.2020
Crypto-dollarization is the world's next best hope to meet its insatiable demand for U.S. dollars
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...