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Will Bitcoin’s rally sustain? DXY, SPX, GC and WTI could have the answer
9.9.2022
BTC rallies above $21,000 as the US dollar index shows signs of cooling off, but is the wider crypto market beginning to reverse its bearish trend?
LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours
9.9.2022
While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of $6.87, but the token’s value has slipped to...
Bitcoin price cracks $21K as trader says BTC buy now 'very compelling'
9.9.2022
Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open
Euro Gains Value on US Dollar Ahead of the ECB
9.9.2022
The financial market recently witnessed the euro gaining value on the US dollar. A major reason behind the movement came after the ECB (European Central Bank) meeting about the euro’s GDP figures. The meeting concluded with the final annualized GDP of 4.1% against the 3.9% accrued in July. Many...
Bitcoin Price Pumps Back to $21k as Whales Make Moves and Dollar Slides
9.9.2022
The bitcoin price is flying higher today up nearly 8.6% at $20,963 and it is pulling up the rest of the crypto complex.
Data site CoinGecko shows prices of the top 20 coins trading all strongly in the positive, showing gains of between 5% and 9%, as does the cryptonews.com price tracker across...
Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%
9.9.2022
A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
8.9.2022
The U.S. Treasury Department will advise the federal government to press forward on work to issue a digital dollar, though it should only take the final step if there’s sign-off that the government-created tokens are in the “national interest,” according to a person familiar with a report emerging...
Republican lawmakers call for answers on digital dollar from Fed vice chair
8.9.2022
The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress
Republicans Want Answers From Fed on What It’ll Take to Justify Digital Dollar
8.9.2022
Rep. Patrick McHenry and others from the House Financial Services Committee sent a letter demanding clarity from Fed Vice Chair Lael Brainard on the topic
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
Bitcoin price hits 10-week low amid 'painful' US dollar rally warning
7.9.2022
The dollar is overdue for a correction which will briefly send risk assets, including crypto, "flying," one analyst concludes
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
7.9.2022
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%....
Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength
7.9.2022
Some analysts said impending monetary tightening could add to a global rout across major asset classes, including equities and crypto
Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high
6.9.2022
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022
Circle co-founder says converged dollar books on Binance would be good for USDC
6.9.2022
The world's largest crypto exchange announced yesterday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29
Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week
6.9.2022
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided...
Yen Drops to 24-Year Low While Dollar Holds Steady Position
6.9.2022
The week started positively for the safe-haven dollar as it hit a 24-year high against the Japanese yen. The development emerged after the tightening of the US monetary policy. On the other hand, Japan maintained its low-interest rates, widening the gap even further. Top forex brokers across...
Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave
6.9.2022
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech Flutterwave, the candidate said...
Binance.US Accepts $REEF Deposits and Withdrawals!
6.9.2022
Reef has published a blog post to announce that $REEF has got listed on the American arm of Binance, allowing users in the United States of America to now deposit and withdraw the token from the platform. Binance.US is the American arm of Binance that came into existence in 2019. It is made...
Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD
6.9.2022
The world’s largest cryptocurrency trading platform by trade volume, Binance, issued a notice on Monday explaining that the exchange will be removing the stablecoin USDC from the platform’s spot trading pairs list. Binance further details that users holding three types of stablecoins...