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US Dollar
Bitcoin's Latest Rally Is Different as BTC Rises Alongside U.S. Dollar and Treasury Yields
Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.
U.S. Risks Unleashing Second 'Eurodollar' Market if It Dallies on Stablecoin Regulation
Europe's regulatory certainty may attract the USD stablecoin market, Jón Egilsson, former chair of the Icelandic Central Bank and co-founder of Monerium, writes.
Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin
The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region.
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto
Nigerians are paying a premium, but probably more for the stability of the U.S. dollar than for bitcoin, an analyst told CoinDesk.
Bitcoin Stuck in a Rut as BofA Survey Reveals 'Long Dollar' Is Most Favored Trade
Bank of America's October survey of fund managers showed "long dollar" as the most sought after bet for the fourth straight month.
Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?
The continued dominance of USD in global markets may come as a surprise to those who learned economics from crypto.
Market Wrap: Bitcoin Erases Weekly Losses, but Skepticism Remains
BTC climbed for a third consecutive day, breaking above $21,000, despite lingering doubts.
Tether Loses $1 Peg, Bitcoin Briefly Drops to 2020 Levels Near $24K Before Rebounding
The tether (USDT) stablecoin dropped to as low as 94 cents Thursday before recovering to just above 99 cents, briefly losing its parity with the U.S. dollar. Separately, bitcoin dropped to levels not previously seen since December 2020. "The Hash" panel discusses weakening sentiment around stablecoins and why this matters as the crypto markets continue to be under pressure.
