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DoubleLine CEO sees Bitcoin buy moment at $23K, predicts US dollar will drop 'pretty substantially'
15.7.2021
According to Jeffrey Gundlach, the trading pattern for Bitcoin may suggest a price drop below $30,000
Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
15.7.2021
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S. is not in danger of losing its reserve currency...
Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus
13.7.2021
Bitcoin moved inversely to the dollar at the beginning of this week as traders awaited the June CPI report due Tuesday
Bitcoinization of El Salvador: JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender
13.7.2021
JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.”...
Bitcoin trader eyes US dollar for BTC price breakout cue, Ethereum clings to $2K
9.7.2021
No sign of a breakout as $33,000 becomes resistance overnight and altcoins trade mostly flat as a result of BTC price weakness
The Billion Dollar Market Cap: True Ownership For The Internet!
8.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Remember the Million dollar website? Imagined and brought to live back in 2005 by Alex Tew, the concept was a simple yet powerful one. To raise money for his university education, Alex decided to create a website...
Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022
6.7.2021
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai...
Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’
4.7.2021
According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with the Federal Reserve chairman and former House of Representatives Speaker Paul Ryan to speak about the implications of digital currencies. The meeting’s details are unclear but most of...
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
2.7.2021
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers....
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
2.7.2021
The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits
US Senator’s Advice: Buy, Hold, Save Bitcoin for Retirement as Congress Floods Economy With Trillions of Dollars
2.7.2021
U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to save bitcoin for their retirement, for their future,” she said, adding that with Congress flooding the economy with trillions and trillions of dollars...
1inch to launch dollar-pegged stablecoin with ICHI
1.7.2021
The new one1INCH stablecoin will be collateralized by a combination of USDC and 1inch's native token
As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains
1.7.2021
The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin captures 45.73% of the entire $1.42 trillion capitalization and ethereum commands 17.8%....
Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System
1.7.2021
The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U.S. banking system. Fed Vice Chair Speptical About...
Gold outshines Bitcoin in Q2 even after posting its worst month since 2016
30.6.2021
Safe-haven rivals move inversely to one another in a quarter mired by mixed inflation reports, Elon Musk FUD, and a suddenly hawkish Federal Reserve
Beyond Oil™ Launches Smart Contract Driven Eco-Friendly Oil Production
30.6.2021
PRESS RELEASE. Beyond Oil™ has officially launched the Solar Oil Project – the blockchain powered decentralized oil production platform that recycles abandoned oil wells to produce oil while eliminating a trillion dollar ecological nightmare. What the Solar Oil Project does differently:...
Crypto.com taps Circle for global dollar deposits
29.6.2021
Crypto.com and Circle's partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries
Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
28.6.2021
Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart
Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud
28.6.2021
Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S....
Bitcoin, dollar plunge while S&P 500 rallies after US inflation hits 3-decade high
25.6.2021
Data on Friday showed core personal consumption expenditure in the US surged to 3.42% year-over-year for the first time since 1991