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Paxos Unveils Yield-Generating Stablecoin Lift Dollar
5.6.2024
USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM)
Price analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
3.6.2024
Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls
Economist Peter Schiff Advises Against Buying US Dollars — Warns of USD Breakdown
31.5.2024
Economist Peter Schiff cautions against buying U.S. dollars or selling gold, citing rising Treasury yields as a result of the government’s failure to control the national debt and inflation. He notes the widening trade deficits, suggesting an unproductive economy will further weaken...
Bitcoin price aims for $69K as 'hot' US macro data pressures dollar
30.5.2024
Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board
Next $1 trillion company will be DePIN: Uplink CEO
30.5.2024
The next trillion-dollar DePIN giant will be akin to Amazon’s AWS, driven by a demand for decentralized connectivity solutions
‘Yield-bearing stables’ are not money or stablecoins: Agora’s van Eck
28.5.2024
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck
Price analysis 5/27: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
27.5.2024
Bitcoin and Ether are finding buyers at higher levels, indicating that the respective overhead resistance levels are weakening and new all-time highs could be on the way
Holders Of Viral Multimillion Dollar Staking & Gaming Meme Coin $SPONGE Vote For Instant Staking Rewards
27.5.2024
Monday, May 27, 2024 – The community for Sponge ($SPONGE), a popular meme coin that brought its early supporters returns of up to 10,000%, has voted to receive the project’s lucrative staking rewards instantly. This means all accrued staking rewards will be paid out to $SPONGE holders after...
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
26.5.2024
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because...
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
25.5.2024
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licenses. The bank’s director for risk management...
UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud
25.5.2024
The Southwark Crown Court in London, UK, sentenced a woman to jail for money laundering bitcoin tied to a billion-dollar investment fraud.
The post UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud appeared first on Cryptonews
IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
24.5.2024
The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team...
US House Votes to Block Federal Reserve’s Digital Dollar Plans
24.5.2024
The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress.
The post US House Votes to Block Federal Reserve’s Digital Dollar Plans appeared first on Cryptonews
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
23.5.2024
Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1 million. Hayes states that eventually, the U.S....
Is this meme coin your ticket to a million-dollar fortune?
23.5.2024
Major cryptos such as Bitcoin and Ethereum are on an upswing, while BEFE, a popular memecoin, is also catching attention. After taking on initial obstacles and a correction period, BEFE has proven to be resilient. Its recent price rise has reignited interest among investors who may now envision...
Price analysis 5/20: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
20.5.2024
Bitcoin price is chasing after its all-time high and altcoins appear ready to follow
‘Really Stupid and a Huge Mistake:’ Putin Blasts US Actions Blocking Payments to China; Exporters Turn to Small Banks and Crypto
20.5.2024
Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that this strategy was “really stupid and a huge mistake,” considering that these actions...
Balaji Srinivasan Highlights China’s Dedollarization and Envisions Post-Dollar Economy
20.5.2024
Balaji Srinivasan, former CTO of Coinbase, recently shared his insights on the global economy and the future of the U.S. dollar on social media. He discussed the concept of dedollarization, suggesting that China and other countries are moving away from U.S. debt and investing in gold instead....
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
20.5.2024
The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over five per cent to erase the previous day’s gains. The naira’s depreciation is said to have occurred just a day after the central bank intervened...
Microsoft faces multi-billion dollar fine in EU over Bing AI
18.5.2024
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27