Tags : Dollar

Regulation

Swiss committee proposes banks hold a dollar for every dollar

Swiss committee proposes banks hold a dollar for every dollar in Bitcoin exposure Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Switzerland › Regulation Banks will face the most strenuous requirements if they wish to be exposed to cryptocurrencies. Shaurya Malwa · June 10, […]Read More

Bitcoin

Former U.S. congressman Ron Paul says legalize Bitcoin and ‘let

Ron Paul, former 12-term US Congressman from Texas, warned about the intricacies of the current inflation and the government’s crackdown on crypto in an interview for Kitco News. The former presidential candidate argued his case for the legalization of Bitcoin (BTC), advocating free market and competition, as he warned about the consequences of Federal Reserve […]Read More

Bitcoin

Bitcoin is ‘potentially a better store of value’ than the

DBS, Singapore’s largest and one of the world’s biggest banks by assets under management, put forward a bullish case for Bitcoin in a client note earlier this week. The bank said allocating funds to Bitcoin was an “opportunity that [fiat] money cannot buy,” adding that such investments remained a highly risky endeavor and the prospect […]Read More

Bitcoin

Bitcoin critic Peter Schiff says both the American economy and

Peter Schiff, CEO of Euro Pacific Capital and a well-known critic of Bitcoin, went full-on doomsayer mode yesterday with predictions of everything collapsing—the U.S. dollar, the American economy, and, of course, Bitcoin (BTC). “I don’t think these Bitcoin collections are going to be worth anything when the music stops,” Schiff said in an interview with […]Read More

Bitcoin

Boom for Bitcoin as Macro Analysts Stick to Their Bearish

Bitcoin and the US dollar have stopped caring about their inverse correlation heading into 2021. The flagship cryptocurrency closed the first quarter more than 100 percent higher as more and more institutions became accustomed to its safe-haven characteristics. For instance, US carmaker Tesla revealed that it replaced $1.5 billion of its cash reserves with bitcoin, […]Read More

Bitcoin

The Dollar Regains Lost Ground, But Bitcoin Yet To React

Bitcoin price is once again approaching current record highs, and now that the momentum is back in favor of bulls, new all-time highs could soon be just ahead. While this is mostly nothing new for the leading cryptocurrency by market cap, the recent rally back to local resistance has happened all while the dollar has […]Read More

Regulation

Bitcoin is much closer to gold than to dollar, says

U.S. Federal Reserve says digital currencies can ‘coexist’ with cash Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday. 2 min read → Source linkRead More

Bitcoin

A Look at the US Dollar as Bitcoin Wobbles Around

Halfway through the first quarter of 2021, the US dollar has performed fairly better against the booming risk-on sentiment that has witnessed the S&P 500, the Dow Jones, the Nasdaq Composite, and even Bitcoin achieve their respective record highs. The greenback showed resilience against bears in the first month, a sentiment that spilled over onto […]Read More