Dollar


Markets

With U.S. Financial Conditions the Loosest in Years, Bitcoin Can Continue to Thrive: Van Straten

Financial conditions in the U.S. are the loosest since August 2021, providing further tailwinds for crypto.

National Financial Conditions Index (chicagofed.org)

Markets

Trump's New Administration Would Support Strong Dollar, Economic Advisor Says

A potential Trump presidency could bode well for one of BTC's top nemesis, the U.S. dollar.

(engin akyurt/Unsplash)

Policy

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Canada's central bank has said it is shifting its focus to broader payments system research and policy development.

Canada has unveiled new bank-capital plans for crypto (Pixabay)

Markets

Bitcoin's Price Recovery Faces Nonfarm Payrolls Test

Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month.

BTC's price chart (CoinDesk)

Policy

U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

Despite some fears in government circles that crypto could undermine the dollar, the Fed governor said that the use of dollar-dependent stablecoins can boost the dollar's reach.

U.S. Federal Reserve Gov. Christopher Waller says stablecoins may be doing the dollar a favor.  (Horacio Villalobos/Corbis via Getty Images)

Markets

China's Currency Woes to Weigh on Bitcoin: Crypto Observer

Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

Markets

Bitcoin's ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International Transactions

The crypto market's de-dollarization expectations look premature as the greenback remained the preferred currency in international transactions in 2023, data show.

(QuinceCreative/Pixabay)

Finance

Can Crypto Dethrone U.S. Dollar Dominance? Here Is Morgan Stanley's Take

U.S. monetary policy, combined with the use of economic sanctions, have forced some countries to look for alternatives to the dollar, while growth of stablecoins may have emphasized the need of the fiat currency, the bank said.

a hundred dollar bill

Policy

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.

Karachi, Pakistan - Nov 14, 2021: People are seen at a weekly Sunday bazaar in Bufferzone, an area of central Karachi of Sindh province in Pakistan

Markets

Bitcoin Posts Biggest Weekly Loss in 5 Months as Dollar Liquidity Declines, Debt Ceiling Fears Return

The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week.

Gráfico de precios de bitcoin. (CoinDesk/Highcharts.com)

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