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Indian Rupees Breaks All-time Low Against USD, Crosses INR 73 to a Dollar
11.3.2020
The Indian Rupees is currently at the lowest value against the US Dollar as the USD soared up to INR 73.77 on Wednesday. The value has been crashing continuously for the past couple of weeks, and India’s position doesn’t seem to be improving anytime soon. This is a worrying situation for...
Blockchain.Com Now Offers Crypto Lending Service to All Users
10.3.2020
Blockchain.com now allows retail users to borrow Paxos Standard stablecoin against Bitcoin
Bitfinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap
6.3.2020
Bitfinex rolls out futures trading for Tether Gold soon after the new gold-backed stablecoin hit a $21 million market cap and surpassed its nearest rival PAX Gold
The US Dollar Could Fall Out of Favor If It Doesn't Go Digital, ING Economist Says
5.3.2020
Facebook’s Libra, as well as CBDCs, could lead to changes in currency usage preferences, and ING economist explained
Why Betting on Gold-Backed Stablecoins Is a Losing Game
4.3.2020
Could the symbiosis of the past and future provide humanity with better financial solutions?
DCA – The ‘Boring,’ Sensible Bitcoin Investment That Could Double Your Money in 2.5 Years
2.3.2020
Dollar Cost Averaging (DCA) as a crypto investment method may not be the most thrilling way to speculate on the bitcoin price, but it is one of the most level-headed, according to proponents. Using a simple online DCA calculator, one can choose a plan for buying small amounts of bitcoin at regular...
Binance-Backed FTX Exchange Seeks Billion-Dollar Valuation in Equity Token Sale
25.2.2020
FTX claims its high-growth rate justifies its billion-dollar valuation
Binance Kickstarts Hong Kong Dollar (HKD) Fiat Gateway For Users
24.2.2020
Binance has expanded its network capacities by launching a new fiat gateway against the Hong Kong Dollar (HKD), revealed its latest post on the official Twitter handle. The globally acclaimed exchange platform has teamed up with renowned prepaid payments processing firm, Epay. #Binance Opens Hong...
Binance Kickstarts Hong Kong Dollar (HKD) Fiat Gateway For Users
24.2.2020
Binance has expanded its network capacities by launching a new fiat gateway against the Hong Kong Dollar (HKD), revealed its latest post on the official Twitter handle. The globally acclaimed exchange platform has teamed up with renowned prepaid payments processing firm, Epay. #Binance Opens Hong...
Former CFTC Chair Giancarlo Says Fed Should Create a Digital Dollar
23.2.2020
Former CFTC Chair says time for Federal to create digital dollar and Bitcoin should co-exit along with it
KuCoin Adds Support for Canadian Dollar; Users can Now Buy Crypto Using CAD
19.2.2020
Prominent crypto exchange KuCoin announced on Wednesday that it has added support for the Canadian Dollar. In its official tweet, KuCoin stated that users will now be able to buy crypto using CAD on its Quebec based crypto trading platform Simplex. KuCoin Adds Support for Canadian Dollar...
Policymakers Shouldn’t Fear Digital Money: So Far It’s Maintaining the Dollar’s Status
19.2.2020
U.S. policymakers are worried that CBDCs and crypto will harm the dollar's reserve status. But maybe they have it backwards, writes CoinDesk columnist Nic Carter
‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus
18.2.2020
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number...
US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response
16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...
Bahamas Digital Dollar to Roll out Across All Islands in H2 2020, Governor Says
14.2.2020
After launching the Bahaman digital dollar pilot in December, the Bahamas’ central bank will roll out the initiative across all islands in H2 2020
US Intelligence Community Sees Crypto As a Threat to the Greenback
14.2.2020
The U.S. intelligence community is racing to anticipate developments that could usurp the dollar’s global dominance
US Intelligence Officials Are Funding Research on Dollar-Crushing ‘Black Swan’ Events
14.2.2020
The Office of the Director of National Intelligence wants to sponsor a post-doc researcher to study what would happen if the U.S. dollar lost its status as the world’s reserve currency
Fed Nominee: Need for a Digital Dollar is an “Extremely Important Discussion”
14.2.2020
Fed Nominee Judy Shelton speaks about the need for a digital dollar at a confirmation hearing in the US Senate
Trump’s Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar
14.2.2020
Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce
Crypto News Roundup for Feb. 13, 2020
13.2.2020
With bitcoin bouncing off $10,500, Markets Daily is back with another time-saving crypto update