Tag: US dollar
“Complete Waste of Capital,” Peter Schiff Says About Bitcoin Amid Global Reserve Questions
According to media personality Tucker Carlson, Bitcoin or Tether could eventually replace the US dollar as the world’s reserve currency. However, economist Peter Schiff rejected…
Dollar Selloff, Yen Buyback: The Macro Shift That Could Move Bitcoin and Crypto
USD/JPY intervention could weaken the dollar, boosting global liquidity and asset prices. Bitcoin has strong inverse USD correlation and may benefit from long-term dollar weakness.…
A Line Crossed? Fed’s Powell Faces DOJ Probe Over Interest Rates; Bitcoin and Gold React
The DOJ subpoenas against Jerome Powell have raised concerns about the Federal Reserve’s independence. Bitcoin and gold are holding their ground as investors move away…
Gold Futures Hit a New All Time High as Markets Prepare for a Short Term Shift
Gold reaches a new all-time high as Fed rate cut bets rise and markets brace for a short-term shift in sentiment. Gold futures reached a…
The Boston Fed Looks Into Releasing a New Digital Currency
The Boston, Massachusetts Federal Reserve has announced plans to potentially unveil a digital dollar in the coming years. The Boston Fed Is Working on a…
President Heine Believes China and Not Crypto Is Behind Her Vote of No Confidence in the Marshall Islands
President Heine of the Marshall Islands believes that cryptocurrencies aren’t the reason for her upcoming vote of no confidence, Chinese interference is. Usually, when you…
President Heine of Marshall Islands Faces Vote of No Confidence After Plans to Introduce State-backed Crypto
After receiving criticism for her state-backed cryptocurrency plans, the president of the Marshall Islands, Hilda Heine has had a motion of no confidence brought against her.…
Marshall Islands Goes Ahead with State-Backed Crypto Plans Despite IMF Warning
The Pacific country of the Marshall Islands will be proceeding with its previously reported plan of launching its own virtual currency, without the blessing of…
Bitcoin Rises to Over $7,000, Is There More to Come?
Bitcoin has finally crested the $7,000 mark following weeks of a bear market. The industry as a whole has also seen a positive rally in…
