16 / 16 Relevant items tagged with #USDollar

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Prices in Dollars Rose Almost 54% in Venezuela During 2022

[Jan 9, 2023 11:30 PM] Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close to 54% during 2022, affecting the income and…

Price analysis 1/9: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC

[Jan 9, 2023 1:28 PM] DXY is cooling off and crypto and equities are starting to heat up. Cointelegraph explores how BTC and altcoins could react to the current bullish momentum in the market.

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

[Jan 8, 2023 10:00 AM] Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov…

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

[Jan 7, 2023 1:30 PM] During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar…

For The U.S., Bitcoin Is A National Security Opportunity, Not A Threat

[Jan 5, 2023 7:00 AM] Recognizing the importance of digital currency in its recent National Security Strategy, the White House should consider embracing a bitcoin standard.This is an opinion editorial by Matt Smith, an operations officer for the United States Air Force…

Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC

[Jan 2, 2023 12:12 PM] The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.

Gold, Silver, and Oil Predictions; Ellison’s FTX Testimony and the Sam Trabucco Mystery; Massively Eroded Dollar Sees the Fed Turn 109 — Week in Review

[Jan 1, 2022 7:00 AM] Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto community has been curious about the former Alameda Research co-CEO Sam Trabucco…

Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars

[Dec 29, 2022 7:30 AM] The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. The U.S. dollar reached a value of 356 pesos on…

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

[Dec 28, 2022 9:30 AM] 2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23…

‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

[Dec 27, 2022 11:30 AM] Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil…

Price analysis 12/26: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

[Dec 26, 2022 1:19 PM] The S&P 500 may try to move up in the short term and that could trigger a recovery in Bitcoin and select altcoins.

Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes

[Dec 26, 2022 2:30 AM] The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related…

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

[Dec 25, 2022 1:30 PM] 109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via…

Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

[Dec 12, 2022 1:30 PM] Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell.

Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

[Dec 5, 2022 2:10 PM] Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.

Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

[Nov 28, 2022 1:41 PM] Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week.

Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

[Nov 27, 2022 3:00 PM] The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to…

Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’

[Nov 22, 2022 3:00 PM] During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the…

Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto Inclusion

[Nov 22, 2022 6:30 AM] Nicolas Maduro, president of Venezuela, has expressed his support for the adoption of a new common currency for Latam in the latest meeting of the Workgroup of the Sao Paolo Forum. Maduro stated that this would be an important step for the…

Price analysis 11/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

[Nov 21, 2022 1:43 PM] Crypto markets have started the week on a weak note, suggesting that buyers remain skeptical about buying any significant dips.

Thanks to the FTX Collapse, Bitcoin’s Price in November 2022 Looks to Join the 4 Previous Negative Novembers of the Past 11 Years

[Nov 19, 2022 10:30 AM] Since bitcoin’s price was first measured in fiat value in 2010, only four out of the 11 Novembers in bitcoin’s history have seen monthly declines. Eight of the Novembers in bitcoin’s price history saw bitcoin climb higher from…

Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

[Nov 17, 2022 6:30 AM] Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to…