8 / 17 Relevant items tagged with #USDollar
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3 reasons why Ethereum price can't break $2K
[Oct 7, 2023 9:10 AM] A bearish Ethereum fractal meets lower network activity as Ether's price struggles to break above $2,000.
American Economist Jeffrey Sachs Heralds End of Dollar Hegemony: ‘Central Bank Digital Currencies Will Become the Basis of Payments’
[Oct 6, 2023 4:30 PM] Jeffrey Sachs, an American economist and best-selling author, has stated that the end of the dollar’s hegemony is near and that central bank digital currencies (CBDCs) will become the basis of cross-border settlements. For Sachs, the abuse of…
Bitcoin traders hope $27K holds as BTC price ignores volatile US dollar
[Oct 4, 2023 8:03 AM] Bitcoin looks like a stablecoin compared to the U.S. dollar index on the day, with BTC price levels of interest close to spot.
Crypto Is On The Brink Of Explosion As 9-Year DXY Formation Returns
[Oct 4, 2023 6:00 AM] An inverse correlation between the crypto market and the DXY has often helped to signal when a bull rally is on the horizon. One of the most notable instances of this happened 9 years ago, and since then, the formation has not returned, until now…
Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation
[Oct 3, 2023 5:43 PM] Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank.
Price analysis 10/2: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON
[Oct 2, 2023 12:05 PM] Bitcoin and select altcoins are looking strong at the start of October, but will the flashpan bullish momentum last?
Is Bitcoin price going to crash again?
[Sep 28, 2023 2:12 AM] Bitcoin is still down 60% from its November 2021 all-time high, so many traders wonder if the BTC price could crash further in the coming months.
Bitcoin price at risk? US Dollar Index confirms bullish ‘golden cross’
[Sep 26, 2023 12:54 AM] Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term.
Dollar Wrecking Ball, Good or Bad for Bitcoin?
[Sep 25, 2023 12:30 PM] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
Price analysis 9/25: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL
[Sep 25, 2023 10:21 AM] The strength in the United States dollar index could keep Bitcoin and select altcoins under pressure in the near term.
Bitcoin price fights for $26K as US dollar strength hits 10-month high
[Sep 25, 2023 9:26 AM] Bitcoin faces the highest levels in the U.S. dollar index (DXY) of 2023 so far as BTC price action wobbles.
Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains
[Sep 22, 2023 2:20 AM] Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period.
Price analysis 9/18: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL
[Sep 18, 2023 11:32 AM] Bitcoin and select altcoins are attempting to make a comeback as traders expect the Fed to hold rates steady during their meeting this week.
BTC price hits $27.4K as Bitcoin open interest matches Grayscale peak
[Sep 18, 2023 6:51 AM] BTC price gains more than 3% as the week begins, but concerns over open interest “ramping up” almost $1 billion in hours offer a sense of Grayscale deja vu.
Bitcoin will bring global payments out of the ‘fax era' — Ex-PayPal boss
[Sep 11, 2023 5:43 PM] Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email.
Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters
[Sep 8, 2023 4:30 PM] Tether, the largest stablecoin in the cryptocurrency market, discussed how its leverage of U.S. treasury bills creates a steady demand for U.S. national debt as a backup of the USDT issuance. The company has exposure to almost $73 billion in U.S…
Bitcoin price faces 200-week trendline as US dollar hits 6-month high
[Sep 7, 2023 9:06 AM] BTC price centers on the 200-week exponential moving average, while analysts warn that Bitcoin and risk assets are in danger from a surging dollar.
BNY Mellon: US Dollar’s Global Reserve Status Safe Despite BRICS Expansion
Price analysis 9/4: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON
[Sep 4, 2023 10:15 AM] Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown.
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…
Price analysis 8/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT
[Aug 28, 2023 11:53 AM] The S&P 500 is attempting a recovery, but Bitcoin and select altcoins are struggling to break above their respective resistance levels.
US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows
[Aug 26, 2023 9:30 PM] The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the…
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
[Aug 26, 2023 12:30 PM] In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed…
Web3 Experts: Hong Kong Government-Backed Stablecoin Can Become a Global Currency, Challenge Dollar Dominance
[Aug 26, 2023 4:30 AM] According to Wang Yang and Wen Yizhou, a stablecoin issued by the Hong Kong government has the potential to become an international currency and may challenge the U.S. dollar in certain places. However, in their latest opinion piece, Yang and…
BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says
[Aug 24, 2023 3:00 AM] The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for…
Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says
[Aug 23, 2023 1:30 PM] The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head, Dilma Rousseff, has indicated. As part of these efforts, the institution seeks to expand lending in local currencies…
Price analysis 8/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT
[Aug 21, 2023 12:13 PM] Bitcoin and select altcoins are starting to recover, but selling at the top of each price breakout suggests that bears remain in control.
BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies
[Aug 18, 2023 2:00 AM] The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds denominated in South African rand (ZAR). The auction, which was closed on Tuesday, is part of the bank’s efforts to increase both…
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble
[Aug 17, 2023 6:00 PM] Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S…