Search Results for "dollar"
$600 Dollar Stimulus Checks to Stimulate Bitcoin Price Bullish Momentum
Data indicates a high possibility that many US stimulus recipients will opt to invest their $600 check into Bitcoin, which could further boost BTC's upward price momentum.
The Faces Behind the Billion Dollar Bitcoin Futures Market
The BTC futures market has exploded like no one could have expected over recent years and it continues to grow. With new players on the scene from Binance to Bakkt and records being smashed left and right, here we take a look at some of the people making it happen.
Canadian Dollar Stablecoin QCAD Launched for Mass Market
Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.
More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down
Crypto analyst Joseph Young thinks that Bitcoin is treading with caution due to the strengthening of the dollar, and he suggests this could prompt a short-term price consolidation.
IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline
The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the currency that dominates the global trade and finance.
US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC
The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).
Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar
With the recent rise of cryptocurrency, there have been talks about the digital currency poised to become a global reserve currency, thus replacing the U.S dollar. Based on the virtual currency’s potential, it can become the next global hedge currency. But let us look at the facts in the financial market, especially from the dimensions of regulations, digital currency, and fiat currency. This move would help us understand whether the claims hold water.
US Dollar Crash and Double-Dip Recession Odds Are High, says Economist Stephen Roach, Fueling Bitcoin Bulls
Economist Stephen Roach says that the US dollar is set to crash and that a double-dip recession’s odds are above 50 percent. What will this mean for Bitcoin?
Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags
Federal Reserve Board Governor Lael Brainaird announced that the United States Federal Reserve is currently experimenting with blockchain and DLT in pursuit of its central bank digital currency (CBDC) or digital dollar.
Can US Lawmakers Really Just Mint Two $1 Trillion Coins to Back a Digital Dollar COVID Stimulus with "No Additional Debt"?
As the economy continues to deteriorate in the ongoing COVID-19 pandemic climate, US Lawmakers are once again pitching the creation of a sovereign digital dollar to quickly distribute the proposed stimulus packages. The bill further proposed the new minting of two trillion dollar coins.
Standard Chartered Research Head Sees Depreciating US Dollar as Perfect Storm for Emerging Assets
The United States dollar is facing significant depreciation following the US elections according to Standard Chartered Bank’s Head of Research.
Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.