Bitcoin price tied to US dollar performance, not politics, custodian says
[Jul 22 2:05 PM] Market expectations of a weakening US dollar may be behind Bitcoin’s recent surge, overshadowing election speculation.
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Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar
[Jun 12 4:00 AM] Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.
Belarusian President Claims Decline in US Dollar and Euro Use Globally
[May 13 12:23 PM] Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that this shift is not limited to Belarus…
Bitcoin's Price Recovery Faces Nonfarm Payrolls Test
[May 3 5:22 AM] Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.
Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
[Feb 15 2:20 PM] Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as…
China's Currency Woes to Weigh on Bitcoin: Crypto Observer
[Jan 22 9:18 AM] Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.
Bitcoin's ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International Transactions
[Jan 17 5:22 AM] The crypto market's de-dollarization expectations look premature as the greenback remained the preferred currency in international transactions in 2023.
Can Crypto Dethrone U.S. Dollar Dominance? Here Is Morgan Stanley's Take
[Jan 16 12:25 PM] U.S. monetary policy, combined with the use of economic sanctions, have forced some countries to look for alternatives to the dollar, while growth of stablecoins may have emphasized the need of the fiat currency, the bank said.
Nobel Prize Winner Robert Shiller Warns Confiscating $300B in Russian Assets Might Cause a ‘Cataclysm’ for the Dollar System
[Dec 27, 2023 3:30 AM] Nobel Prize winning economist Robert Shiller has warned against the effects that the confiscation of Russian assets in Western countries might have on the stability of the dollar-dominated financial system. According to Shiller, a move of this kind…
Crypto payments: PayPal’s stablecoin ripple effect on markets
[Dec 5, 2023 8:39 AM] Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption?
Binance will end support for BUSD stablecoin in December
[Nov 29, 2023 3:04 PM] Many users' Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31.
Tether credits USDT growth surge to ETF excitement, emerging markets
[Nov 14, 2023 7:28 AM] Tether USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year.
Stablecoin firm Tether minted 4B USDT in 4 weeks: Data
[Nov 13, 2023 4:23 AM] Tether has minted 4 billion USDT over the past month, which accounts for nearly 18% of all USDT issued so far in 2023.
Economist Peter Schiff: Complete Separation of US-China Economies Would Be ‘a Disaster for America’
[Nov 11, 2023 5:30 PM] Economist Peter Schiff has warned that a complete separation of the Chinese and U.S. economies would be “a disaster for America, but a boon for China.” He explained: “Americans would be stuck with fewer goods and higher prices, while the…
Tether issues $610M debt financing to Bitcoin miner Northern Data
[Nov 2, 2023 3:22 AM] In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives.
Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2
[Oct 31, 2023 12:12 AM] e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets.
Stablecoin market escaping US regulatory oversight: Chainalysis
[Oct 24, 2023 2:14 AM] Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, according to Chainalysis.
BTC price nears 2023 highs — 5 things to know in Bitcoin this week
[Oct 23, 2023 2:16 AM] Bitcoin is back near its year-to-date highs, but BTC price moves belie an underlying lack of support, analysis fears.
Binance Resumes Euro Transfers Through New Fiat Partners
[Oct 21, 2023 1:30 AM] Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of…
Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better
[Oct 17, 2023 12:24 PM] Michelle Bowman told a university audience that financial innovation should be justified by need and be properly regulated.
Binance.US asks users to convert USD into stablecoins for withdrawals
[Oct 17, 2023 8:08 AM] Binance.US users “may convert” their U.S. dollar holdings to stablecoins or other digital assets to withdraw the funds from their accounts, the firm said.
Tether stablecoin firm appoints CTO Paolo Ardoino as CEO
[Oct 13, 2023 6:00 AM] The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said.
PayPal rolls out PYUSD stablecoin to Venmo users
[Sep 20, 2023 12:32 PM] The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo.
Bitcoin at $25K: Discount or disaster?
[Sep 13, 2023 10:00 AM] This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster?
Metamask Wallet Users Can Now Cash Out Crypto to Fiat
Palau to freeze USD-backed stablecoin after pilot launch in July
[Sep 7, 2023 3:49 AM] Palau's USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead.
Here’s why Bitcoin will hit $22K soon
[Sep 6, 2023 6:00 AM] This week, The Market Report discusses why $22,000 is the next logical step for Bitcoin and why BitMEX co-founder Arthur Hayes claims the bull market started back in March.
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
[Sep 2, 2023 12:00 AM] The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in…
When will it be too late to invest in Bitcoin?
[Aug 31, 2023 11:00 AM] This week’s episode of Market Talks discusses whether it will ever be “too late” to buy Bitcoin and why BTC could take over the financial world.