Dollar Financial News

06.12 / 04:59

Terraform Labs Bitcoin Price Dollar Korean Won Overtakes Dollar as Top Fiat Trading Pair Amid Recent Bitcoin Rally: Report

South Korean crypto traders are emerging as key influencers in driving Bitcoin price up by over 50%, reaching its highest price level in two years.

15.10 / 12:41

defi Liquidity stablecoins Mudrex Usd Coin Dollar How stablecoins serve as a bridge between crypto and fiat: Insights from Anush Jafer

stablecoins have emerged as a pivotal element within the cryptocurrency ecosystem. Positioned as a bridge between the volatile world of cryptocurrencies and the stability of traditional fiat currencies, stablecoins are gaining recognition for their potential to enhance the efficiency and reliability of digital transactions. Recently, Anush Jafer, a research expert from Mudrex, discussed the significance of stablecoins in an ETMarkets live stream, highlighting their mechanisms, benefits, and impact on the broader financial system.

29.11 / 22:23

business Stablecoin Binance Dollar Support end Binance will end support for BUSD stablecoin in December

Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting the minting of new coins.

27.11 / 18:05

Dogecoin markets Ethereum XRP Cardano Dollar Price analysis 11/27: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

Bitcoin (BTC) has started the week on a negative note. The failure of the bulls to pierce and sustain above the $38,000 resistance has given a small window of opportunity for the bears to try and make a comeback. Strong selling has pulled the price below $37,000 on Nov. 27.

20.11 / 20:13

Dogecoin markets Ethereum XRP Cardano Bitcoin Dollar Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

The S&P 500 Index (SPX) rose 2.24% last week, its third consecutive weekly gain. In comparison, Bitcoin (BTC) managed a minuscule gain of 0.8%, indicating consolidation below $38,000. The prospects for risky assets remain bullish as the U.S. Dollar Index has started to turn down.

16.11 / 17:31

markets Bitcoin Bitcoin Price Dollar Low BTC price dips 4% as Bitcoin analysis reveals low liquidity above $33K

Bitcoin (BTC) saw a classic pullback after the Nov. 16 Wall Street open as deja vu BTC price action continued.

14.11 / 15:44

Stablecoin ETF regulation Tether Bitcoin Dollar Tether credits USDT growth surge to ETF excitement, emerging markets

Tether (USDT), the largest stablecoin by market value, has been breaking new records throughout 2023, with its market capitalization adding at least $20 billion so far this year.

13.11 / 17:45

Dogecoin Ethereum XRP Cardano S&P 500 Dollar Price analysis 11/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

Bitcoin (BTC) has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more than $1 million in Bitcoin this year from 23,795 on Jan. 1 to 81,925 currently, according to BitInfoCharts data.

13.11 / 11:47

business Ethereum Stablecoin Tether TRON Dollar Stablecoin firm Tether minted 4B USDT in 4 weeks: Data

Major stablecoin issuer Tether has been increasingly minting new USDT (USDT) tokens, issuing 4 billion USDT over the past month.

06.11 / 22:23

Dogecoin Ethereum XRP Cardano TON Bitcoin Dollar Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if the rally fails to resume, sellers may try to make a comeback.

02.11 / 09:41

business Stablecoin Tether Bitcoin Dollar Bitcoin Miner Tether issues $610M debt financing to Bitcoin miner Northern Data

Tether (USDT) stablecoin issuer is raising the bet on Bitcoin (BTC) mining by issuing a major debt facility to German-based BTC mining company Northern Data AG.

31.10 / 06:59

business CBDC Adoption Central Bank Dollar e-HKD Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2

The Hong Kong Monetary Authority (HKMA) is gearing up for the second phase of the e-HKD (e-Hong Kong dollar) pilot program as it announced the successful completion of the Phase 1 trial of its in-house central bank digital currency (CBDC).

30.10 / 19:21

Dogecoin Ethereum XRP Cardano TON Bitcoin Dollar Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and may chart its own course.

25.10 / 02:11

Stablecoin regulation Bitcoin Dollar regulatory Stablecoin market escaping US regulatory oversight: Chainalysis

The United States government may be losing regulatory oversight of the stablecoin market, according to a new report by blockchain research firm Chainalysis.

20.10 / 14:31

business Stablecoin regulation Tether Fiat Money Dollar Reserve Time 2024 Tether to publish reserve reports in real time in 2024: Bloomberg

Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing its reserve data reports.

17.10 / 22:21

Stablecoin SEC Dollar USD Binance US Binance US Ends FDIC Insurance for Crypto Holdings, Citing Updated Terms of Service

The US Branch of the world's largest crypto exchange, Binance US, recently communicated to its users that their cryptocurrency deposits are no longer covered by Federal Deposit Insurance Corporation (FDIC) insurance.

17.10 / 18:59

Stablecoin CBDC regulation Federal Reserve Digital Dollar Dollar Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better

Federal Reserve Board governor Michelle Bowman shared her views on financial innovation in a speech at Harvard Law School on Oct. 17. Bowman has spoken several times on the topic, and her position seems to be growing more bearish.

17.10 / 14:23

Stablecoin Binance regulation Bitcoin Dollar Withdrawals Binance US asks users to convert USD into stablecoins for withdrawals

Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in the U.S. dollar are no longer supported on the platform.

13.10 / 12:09

business Stablecoin Adoption Tether Fiat Money Dollar Tether stablecoin firm appoints CTO Paolo Ardoino as CEO

Tether, the issuer of the world’s largest stablecoin by market capitalization, is replacing its CEO as the company works to expand its areas of focus.

09.10 / 11:47

markets inflation Bitcoin Bitcoin Price Dollar week War, CPI and $28K BTC price — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the second week of October up 4% month-to-date as geopolitical instability provides a snap market focus.

05.10 / 12:35

markets Federal Reserve inflation Fiat Money Bitcoin Bitcoin Price Dollar Bitcoin still beating US dollar versus 'eggflation' — Fed data

Bitcoin (BTC) is beating inflation better than the U.S. dollar, the Federal Reserve says — unintentionally.

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