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Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing

12.7.2022
This week, Bitcoin's 150-day EMA is set to close below its 471-day EMA for only the third time in history

Bitcoin, Ethereum Technical Analysis: BTC Below $20,000 as Markets React to Increasing Dollar Strength

12.7.2022
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below...

Best Early Investments For Multi-Million Dollar Potential Returns: Uniglo (GLO), Fantom (FTM), & Evmos (EVMOS)

12.7.2022
Getting in early is key with a lot of crypto projects these days. That’s how Bitcoin made millionaires and billionaires- those who bought BTC when it was $0.10 or $1 each. NOT those people that switched their investment funds in at $20,000. While BTC might still have upside after some recent...

Bitcoin Drops to $19.7K as Recession Concerns Weigh on Financial Markets, Euro Nears Dollar Parity

12.7.2022
Singapore’s state-owned investor Temasek said it sees more broader-market declines in coming months

Bitcoin risks new lows as $20K looms amid dollar euro parity

11.7.2022
Support is thin on the ground, analysts and traders warn, as ex-BitMEX CEO Arthur Hayes heralds the start of the fiat currency "doom loop" with USD/EUR parity

Crypto Exchange Bitso Launches Remittance Service in Colombia

11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...

70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

10.7.2022
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy...

5 Ways That the Super-Strong US Dollar Could Hurt the World Economy

10.7.2022
Alexander Tziamalis, Senior Lecturer in Economics, Sheffield Hallam University, and Yuan Wang, Senior Lecturer in Economics, Sheffield Hallam University.____ The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years....

Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

7.7.2022
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme in March...

Ethereum Scaling Solution Immutable X Will Allow Ether-to-Dollar Withdrawals

7.7.2022
The tool is one of the first layer 2 services to allow users to withdraw US dollars

Salary payments in USDT stablecoin ruled as illegal in the Chinese court

6.7.2022
Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions

Bitcoin price approaches potential springboard to $23K as DXY cools surge

6.7.2022
With support and resistance inches from spot price, BTC/USD has increasingly little room to consolidate

Fed conference hears stablecoins may boost USD as global reserve currency

6.7.2022
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system

Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent

5.7.2022
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” […]

Bitcoin faces fresh pressure as US dollar crushes gold, risk assets

5.7.2022
BTC/USD falls $1,000 while spot gold gives up 2% as USD strength intensifies, beating the year's previous peaks

Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...