Arthur Hayes promotes tariffs to boost Bitcoin and gold, citing benefits from a weaker U.S. dollar and trade imbalances.
BlackRock's Larry Fink suggests Bitcoin may challenge the U.S. Dollar's reserve status due to rising national debt.
Trump's stablecoin strategy aims to strengthen the U.S. dollar's global dominance.
Venezuelan bolivar falls sharply due to new U.S. crude tariffs impacting Venezuela's economy.
Nigerian oil marketers criticize the Naira-for-crude policy, claiming it could destabilize FX and deter FDI.
The Turkish lira plummets to a record low against the U.S. dollar following Istanbul Mayor's arrest, sparking political concerns.
Robert Kiyosaki warns investors about bank bailouts, manipulation, and a looming collapse, questioning whether Bitcoin or the U.S. dollar is the bigger 'scam.'
PayPal integrates PYUSD stablecoin into its services, enhancing digital transactions.
Federal Reserve Governor Christopher Waller highlights stablecoins' potential to bolster the U.S. dollar and enhance cross-border transactions.
Ron Paul's call for a Federal Reserve audit gains traction with support from Elon Musk and the cryptocurrency community, potentially impacting Bitcoin and U.S. dollar confidence.
Russia and India move 90% of direct transactions to national currencies, challenging dollar dominance.
Amid rising doubts about U.S. dollar dominance, analysts discuss Bitcoin's potential as an alternative currency.
The article explores how decentralized blockchain-based assets challenge the U.S. dollar's dominance as the global reserve currency.
Goldman Sachs CEO David Solomon states Bitcoin is not a threat to the U.S. dollar's dominance amidst rising blockchain interest.
Russia and Myanmar are advancing plans to use national currencies in trade, moving away from reliance on the U.S. dollar to boost economic independence.
Bitcoin nosedives to $91K in a 3% drop, shrinking the crypto market by 2.5% to $3.22 trillion. The downturn highlights a South Korean premium issue impacting the sector, intensifying the sell-off.
The U.S. Dollar's strength and high Treasury yields are giving crypto markets a tough time. With the Dollar Index at 108.59 and 10-year Treasury yield peaking, risk assets like cryptocurrencies face pressure. High yields and a strong dollar limit crypto's momentum and broader financial markets.
BRICS aims to cut down on U.S. dollar reliance with alternative payment systems by 2025, focusing on using local currencies for trade.
Elon Musk’s SpaceX adopts stablecoins to tackle currency risks, highlighting their growing popularity. These digital currencies spot a $200 billion market cap and are pegged to fiat currencies, offering stability and efficiency. SpaceX's move showcases stablecoins as a viable alternative to traditional financial systems.
Ripple's XRP holds strong over $2 amid market fluctuations, despite a recent dip. Big transactions draw eyes, while RLUSD stablecoin hits a $53M market cap. Crypto whales are buzzing.
RLUSD stablecoin is now live, initially experiencing a 20% price change before stabilizing. It's available on Ethereum and Ripple's XRPL networks.
Peter Schiff warns that Bitcoin could undermine the U.S. dollar not by replacing it, but by promoting economic mismanagement. Schiff highlights concerns about Bitcoin impacting the U.S. economy as its price reaches new highs.
XRP experienced a 3.9% drop against the U.S. dollar despite recent gains. It remains on an upward trajectory, with a 56% increase over the past week. The fourth-largest cryptocurrency is generating prediction buzz as its market dynamics show potential for further growth.
Jerome Powell views Bitcoin as a competitor to gold, not the U.S. dollar.
Economist Peter Schiff claims Bitcoin might destabilize the U.S. dollar, emphasizing risks of government intervention.
Jerome Powell, Federal Reserve Chair, dismisses Bitcoin as a competitor to the U.S. dollar, comparing it instead to gold.
Putin declares Bitcoin unstoppable, viewing it as the future of global finance, as countries move away from the declining dominance of the U.S. dollar. He highlights cryptocurrency's inevitable evolution, emphasizing the changing landscape of financial technologies.
CORE, THETA, and CRV led the crypto gains, with CORE up by 31.92%. The Fear and Greed Index indicates 'Extreme Greed'.
Ether's price surged past $3,700, contrasting with Bitcoin's slight decline. This move caused a shake-up in derivatives as traders reassess their strategies.
Russia shifts over 80% of its export revenues from the U.S. dollar and euro to rubles and "friendly" currencies.
XRP experienced a remarkable 163% growth, despite an 8% dip during a broader crypto market downturn. Its current price is $1.35, with a market cap of $77.27 billion. The digital asset shows a 22.9% weekly gain against the U.S. dollar.
Bitcoin's price dropped to $92,584, a 4.6% decrease, causing $551M in liquidations, including $118M in long positions wiped out.
