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Brits are Turning to Bitcoin as the Pound Plummets Against the US Dollar
29.9.2022
Bitcoin (BTC) has been winning the attention of British investors amid a plunge in the price of the British pound (GBP) against the dollar.
Data first pointed out by James Butterfill, head of research at Europe's largest digital asset investment firm CoinShares, indicates that Bitcoin trading...
First Mover Asia: Bitcoin Holds Strong Over $19K; Why Is the Dollar Dominating?
29.9.2022
The largest cryptocurrency by market capitalization has weathered severe macroeconomic uncertainty in recent weeks to maintain its current threshold
Fed Chair Jerome Powell Updates Work on Digital Dollar — Says US Central Bank Digital Currency Will Take ‘at Least a Couple of Years’
29.9.2022
Federal Reserve Chairman Jerome Powell says the U.S. central bank is looking at whether to issue a digital dollar with a “very broad scope.” He noted that the Fed is collaborating with Congress and the executive branch on whether to issue a central bank digital currency. Fed Chair...
Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global
29.9.2022
The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
29.9.2022
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above...
The Era Of $70 Games Truly Begins This Fall
28.9.2022
The year is wrapping up, and that means we’re nearing the busiest time for video game releases. And even though covid-19 has thrown a wrench in the entire industry and led to numerous delays, a few big games are still launching in the next few weeks. But if you want to enjoy them, you’ll need...
Bank of England Suspends Tightening Policy as Pound Nosedives — Central Bank to Start Purchasing Long-Dated UK Government Bonds
28.9.2022
Following the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets. U.K. government bond yields have been erratic and the pound sterling also dropped to a lifetime...
Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?
28.9.2022
Australia Issues White Paper for Central Bank Digital Currency
28.9.2022
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot...
‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says
27.9.2022
The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, a longtime trader and author, said on CoinDesk TV’s “First Mover.”
Bitcoin price loses $20K as trader warns US dollar 'not quite topped out'
27.9.2022
Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain
Crypto-focused MPC developer raises $40M
27.9.2022
Multi-party computation, or MPC, is a subset of cryptography that distributes computation across multiple parties
Bitcoin, British Pound trading volume soars 1150% as UK's currency risks dollar parity
27.9.2022
Doom and gloom for some British pound investors is neatly avoided with a Bitcoin flight
Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend Highlights ‘Refusal to Spend’
27.9.2022
After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term...
Bitcoin Tops $20K as Stock Futures Rise, Dollar Rally Stalls
27.9.2022
Is it Bitcoin’s time to shine? British Pound drops to all-time low against the dollar
26.9.2022
The U.S. dollar has been the clear winner as investors seek shelter in the largest global economy, but could the British Pound's weakness be a positive for Bitcoin
Traders brace for Bitcoin price volatility as DXY 2022 gains near 20%
26.9.2022
It's still all about the U.S. dollar this week as the monthly close and options expiry loom for Bitcoin
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
26.9.2022
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday...
TD Securities Analyst Says Gold Sell-off May Not Be Over — Carry and Opportunity Cost Could ‘Drive Capital Away’
26.9.2022
Precious metals markets continue to flounder this week as gold’s value per troy ounce has slid by 6.53% in value against the U.S. dollar during the last month, while silver has shed 2.34% in 30 days. Amid the raging inflation worldwide and the hawkish central banks, gold and silver prices...
GBP follows euro: The pound-dollar rate hits all-time low
26.9.2022
Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements