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RBA to Release Meeting Minutes to Counter the Strength of the US Dollar
19.4.2022
Forex, short for Foreign Exchange, is when one currency is exchanged for another. The rate for a currency depends on its supply and demand, affecting how much a person pays to secure the other currency. People can exchange their respective currencies for trade, commerce, or tourism. The market...
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
18.4.2022
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin...
As Europe Seeks Alternatives, the Australian Dollar May Rise
18.4.2022
The Australian Dollar is the fifth most traded foreign currency on the exchange board. Reasons could be trade, commerce, or tourism, and the Australian Dollar was the Australian Pound from 1910 to 1966. The Reserve Bank of Australia looks after the regulation of the Australian Dollar, offering...
US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week
18.4.2022
USD runs the show behind the scenes as the Easter weekend sparks pain for Bitcoin bulls
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals
18.4.2022
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business...
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
14.4.2022
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus...
US Dollar Returns to Positive Road as Feds Give Assurance
13.4.2022
The USD seems to be getting healthy from the impacts of the ongoing war in Ukraine. The greenback got back in line after a slight setback as per the reports. The US inflation, which was expected to bring the currency down, ended up softer. The Feds are confident that the currency will continue this...
Luno Forges Multimillion Dollar Partnership With London Entertainment Venue KOKO
13.4.2022
Luno announced a multi-million dollar partnership with U.K. entertainment venue KOKO, which has hosted the likes of Madonna, Prince, Stormzy, H.E.R., Amy Winehouse and Kanye West
Ethereum price 'bullish triangle' puts 4-year highs vs. Bitcoin within reach
12.4.2022
ETH/BTC could reach 0.10 this year as the market anticipates Ethereum's proof-of-stake switch
Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype
12.4.2022
“Project Lithium” is particularly focused on how a central bank digital currency (CBDC) could benefit the financial services industry
Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win
11.4.2022
The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a Kleiman v. Wright retrial. The self-proclaimed Bitcoin inventor, Craig Wright, was cleared of all charges at the end of the Kleiman v. Wright...
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
11.4.2022
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is...
Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases
11.4.2022
Macro uncertainties keep traditional investors from following LFG's lead in accumulating bitcoin at current valuations
Mexico’s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to ‘Save Your Skin’
11.4.2022
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s. Mexican Billionaire...
Bitcoin plumbs April lows as US dollar strength hits highest since May 2020
8.4.2022
USD reaches 23-month highs while the Russian ruble joins in on the surprise gains
US Dollar Is Closer to Its Highest in Two Years and Best in the Last Four Weeks
8.4.2022
Foreign Exchange is a broader concept, and engagement includes people converting their current currency to another currency for tourism, commerce, and/or trade. While tourism and commerce are regular occurrences, the aspect of trade depends on the supply & demand of the currency. The US Dollar...
Stronger dollar prospects risk pushing down Bitcoin price to $32K
7.4.2022
The U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin
Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102
7.4.2022
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward...
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
6.4.2022
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during...
A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022
6.4.2022
The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top...