Metaplanet shares jump 16% after buying 107 Bitcoin
[Oct 15 6:06 AM] Metaplanet has doubled its Bitcoin holdings this month with purchases totaling more than 450 Bitcoin.
2 / 16 Relevant items tagged with #USDollar
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Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Oct 14 6:01 PM] Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
Russian Finance Minister: Western Policies Hurt the US Dollar
[Oct 11 9:30 PM] Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will…
India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
[Oct 8 1:30 AM] Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s…
Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar
[Oct 7 10:30 PM] Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto…
Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Oct 7 6:36 PM] Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.
Zimbabwe Injects $50 Million to Bolster Devalued Currency
[Oct 5 10:30 PM] The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They…
Nigeria Introduces System to Boost Forex Market Transparency
[Oct 5 9:30 PM] The Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to improve transparency in the foreign exchange market. This comes as the Nigerian currency weakens. Authorized dealers must comply with existing regulations and…
Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
[Oct 4 9:30 AM] Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses…
JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum
Nigeria Unveils Oil-for-Naira Program to Stabilize Local Currency
UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings
[Oct 1 12:30 AM] Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the…
Ghana Launches Gold Coin Priced in Local Currency
[Sep 30 9:35 PM] Ghana’s central bank launched a gold coin to boost domestic savings and manage liquidity. The coins are available in October and priced based on the London Bullion Market Association auction price. Despite efforts to strengthen the cedi…
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Sep 30 6:30 PM] Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.
BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
[Sep 24 12:30 AM] Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on…
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Sep 23 4:57 PM] Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.
Bitcoin’s new price targets of over $80K may not actually be the 'all-time high'
[Sep 23 1:08 PM] Bitcoin reached a new all-time high of $73,880 in USD terms earlier in 2024, but toppling it by 2025 does not take it above 2021’s inflation-adjusted value.
BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments
[Sep 22 8:30 PM] The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that…
Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles
[Sep 22 6:29 PM] Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already underway, predicting a further decline in the U.S. dollar’s value. According to Zang’s recent interview with Kitco, the current financial trends indicate that the…
Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’
[Sep 18 11:30 PM] Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising…
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
[Sep 17 1:30 AM] BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without…
UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’
Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022
[Sep 16 7:15 PM] Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and sanction-proof traits. According to his figures, 160 tonnes have been…
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Sep 16 6:45 PM] Bitcoin’s failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18.
Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline
[Sep 10 5:30 AM] The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to a low of NGN1,639 per dollar, likely due to increased demand…
Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
[Sep 9 6:12 PM] Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown.
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
[Sep 9 7:50 AM] Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United…
Bitcoin's Potential Rally Amid U.S. Dollar Weakness
[Sep 6 2:03 PM] Bitcoin and the U.S. dollar have a long-standing inverse correlation, notably when observing the Dollar Strength Index (DXY). When the dollar weakens, Bitcoin often gains strength, and this dynamic might now be setting the stage for restarting the…
Trump family’s DeFi project wants to ‘ensure US dollar dominance’
[Sep 5 2:50 AM] The project has teased a partnership and collaboration with DeFi protocol AAVE, possibly indicating World Liberty Financial will be built on the Ethereum blockchain.