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Trade Tensions Weigh on the Dollar Despite Recovery From Trump Impeachment News
25.9.2019
On Wednesday, the U. S. Dollar received a major jolt after it emerged that formal impeachment proceedings were about to begin against the United States President Donald Trump. The political development of that sort almost always results in a loss of confidence in a nation, in its economy...
USD to Lead a Group of Fiat Currencies Backing Libra
23.9.2019
As per the reports, Facebook’s cryptocurrency, Libra will be backed by 50% by the US dollar and the rest by Japanese Yen (comprising 14%), Euro (comprising 18%), Pound Sterling (comprising 11%) and Singapore Dollar (comprising 7%). Chinese Yuan has not been included in the list till now. Facebook’s...
Iran Is Being Targeted for Economic Independence, Not Terrorism
22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...
BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent
18.9.2019
With the recent launch of regulated crypto offerings such as PAXG and BUSD on the market, the global digital currency landscape appears to be rapidly evolving
Craig Wright ‘in Discussions’ to Settle Multi-Billion Dollar Court Case
18.9.2019
Craig Wright, the entrepreneur who controversially claims he is Satoshi Nakamoto, is moving to settle the $10 billion Kleiman court case
Wells Fargo to Pilot Dollar-Linked Crypto for Internal Settlement
17.9.2019
U.S.-based financial giant Wells Fargo is developing a cryptocurrency that will run on the firm’s first blockchain platform
Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week
12.9.2019
Binance's dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading
Plans to Build $50M Bitcoin Cash Tech Park Revealed
10.9.2019
At the Bitcoin Cash City conference in North Queensland, the CEO of Code Valley, Noel Lovisa, announced plans to build a $50 million dollar Bitcoin Cash tech park in the city of Townsville. The plan is to aggregate startup companies and there are more than 12 Bitcoin Cash focused startups already...
Facebook Adds Singapore Dollar to Libra Crypto Basket: Report
10.9.2019
Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin
Rapper Akon Says Bitcoin Better Than ‘Military-Backed’ US Dollar
10.9.2019
Grammy award-winning music artist Akon has made the case for Bitcoin, lambasting the US dollar for being ultimately sustained by the government’s military might
How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business
7.9.2019
Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits
Binance Launches Dollar-Backed Stablecoin With NYDFS Blessing
5.9.2019
Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos
Marshall Islands Launches National Crypto With 'Fixed Supply'
4.9.2019
The digital currency will have a fixed, tamper-proof money supply, with growth predetermined at 4% per year
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit
3.9.2019
Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to...
Why the Birth of Bitcoin Can Be Traced Back to 1971
1.9.2019
The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Hodlers’ Crypto Investment Strategy: Meet Dollar Cost Averaging
29.8.2019
Trading cryptocurrencies is fundamentally different from investing in cryptocurrencies. Traders typically look for opportunities to buy coins at a low price and to sell the coins at a higher price. The duration of buying low and selling high then forms the basis of whether you are a day trader...
Gemini Joins Silvergate Exchange Network for 24/7 Fiat Money Transfers
27.8.2019
Gemini joins Silvergate’s exchange network to enable real-time USD transfers
The White House Just Blamed Bitcoin for America’s Opiate Crisis
24.8.2019
The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common...