Dollar
Central Bank Digital Currency (CBDC) Race: 2020 Year in Review
As 2020 comes to a close, we take a look back at the most important developments regarding the pursuit of Central Bank Digital Currencies (CBDC).
Kraken CEO: Drive behind Bitcoin and Tech Stock Adoption in 2020 Linked to Risk of Holding USD
Much like other leaders in the crypto industry, Kraken CEO and co-founder Jesse Powell believes that Bitcoin is a key investment and will continue to be one.
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.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?
Goldman Sachs believes that stocks will boom over the next 12 months which is not sitting well with Warren Buffett warns the market is an overvalued bubble.
Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.
Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency
Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.
US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers
The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.
Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy
Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.
Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance
The Digital Dollar Project (DDP) is the focus of the Digital Dollar Foundation and advocates the need for a CBDC. In their recently released whitepaper, the DDP stipulates that it aims for the US dollar to maintain its global dominance but further warns that the work needs to begin immediately. The DPP also calls for public-private collaboration, including the use of a two-tier system for the spread and distribution of retail digital dollars.