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The Dollar Won, but Might the U.S. Lose Control of the Dollar?
3.5.2024
We have a world currency already: it's the dollar. Do we want to keep it that way?
Bitcoin's Price Recovery Faces Nonfarm Payrolls Test
3.5.2024
Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month
Bitcoin pioneer faces charges in multimillion-dollar tax fraud
2.5.2024
The most recent development is an indictment with a long list of charges against Roger Ver, a well-known activist in Bitcoin, including using the mail to defraud, evading taxes, and making false tax returns. Ver is infamously known as “Bitcoin Jesus” in the cryptocurrency world for...
Coinbase Plans To Offer Stablecoin Pegged To Canadian Dollar
2.5.2024
Coinbase is bolstering its relationship with Canada with a soon-to-launch stablecoin pegged to Canadian dollars.
The post Coinbase Plans To Offer Stablecoin Pegged To Canadian Dollar appeared first on Cryptonews
Physical version of gold-backed token replaces Zimbabwe dollar
30.4.2024
The country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance
Price analysis 4/29: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
29.4.2024
Bitcoin and altcoins are falling toward strong support levels, which appear likely to hold in the short term
US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
29.4.2024
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult
Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar
29.4.2024
Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the U.S. dollar. Proposed deterrents include export controls, currency manipulation charges, and tariffs. Trump remains committed to preserving the U.S....
Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
28.4.2024
This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop...
Stablecoins Gain Ground as Global Financial Asset
27.4.2024
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in...
Accomplice William Morro Arrested And Charged In OneCoin Crypto Fraud Case
25.4.2024
William Morro, an accomplice in OneCoin crypto fraud scheme, has been arrested by the United States Department of Justice for his role in the multi-billion dollar scam, Tuesday court documents reveal. He has charged with one count of conspiracy to commit bank fraud just weeks after co-conspirator...
Instagram Influencer ‘Jay Mazini’ Sentenced to 7 Years in Prison for Multi-Million Dollar Crypto Ponzi Scheme
25.4.2024
Instagram influencer Jebara Igbara, known as "Jay Mazini," has been sentenced to seven years in prison for orchestrating a multi-million dollar cryptocurrency Ponzi scheme.
The post Instagram Influencer ‘Jay Mazini’ Sentenced to 7 Years in Prison for Multi-Million Dollar Crypto Ponzi...
Is the Hype Over for Ethena? ENA Price Falls 35% While This Fresh Bitcoin Venture Starts to Capture Market Interest
24.4.2024
The governance token for synthetic dollar protocol Ethena (ENA) has shed 35% over the last fortnight to trade at $0.919 as of Wednesday, April 24, 2024. That makes for some of the heaviest losses for a top 100 cryptocurrency in the last fortnight. Losses look set to continue, too, as ENA shed about...
Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally
24.4.2024
Some banks, however, expect the dollar index to stay firm over the near term
Will DOGE reach $1 this cycle? It's a 'crapshoot,' say analysts
24.4.2024
Dogecoin has “historical heritage” but whether it hits a one-dollar price target is still a risky bet
BlackRock aware that RWAs are ‘multitrillion-dollar opportunity’ — Kinto co-founder
23.4.2024
Kinto co-founder Victor Sanchez says real-world asset tokenization could be the future of finance and explains why BlackRock has decided to get in on the action
Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency
20.4.2024
The Nigerian central bank governor has refuted claims that the bank is using the country’s foreign exchange reserves to shore up the naira. The governor attributes the decline in reserves to debt repayments and other payments, which are made because they help to maintain Nigeria’s...
Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to Endure
20.4.2024
The U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is unlikely to dethrone the greenback. Reserve...
Ethena in Trouble? ENA Price Falls 35% as Focus Turns to Upcoming Meme Coin Exchange Listing
19.4.2024
The governance token for synthetic dollar protocol Ethena (ENA) has shed 33% over the last week as it begins Friday morning UTC trading at $0.9632. While this is one of the heaviest intra-week losses for a top 100 cryptocurrency, ENA looks set for a quick recovery. In the last 24 hours it has grown...
XRP Price Prediction as Ripple Falls Behind USDC In Coin Rankings – What’s Going On?
19.4.2024
The XRP (XRP) price is struggling to keep up with a broader crypto market rebound on Thursday, rising just 1.4% in 24 hours as per CoinMarketCap versus gains of 3.5% for Bitcoin (BTC) and 4.5% for Solana (SOL), with XRP’s market cap having recently slipped below that of US dollar stablecoin Circle...