US Dollar May Plunge: Macro Analyst Explains Why That’s Crucial for Bitcoin
For the longest time, Bitcoin was seen as an asset that is independent of the movements of traditional markets. But, the pandemic struck. It has dramatically altered the state of the...
A Weaker US Dollar Prediction Offsets Bitcoin Bearish Bias for Q3/2020
Bitcoin eyes a significant plunge entering further into the third quarter as S&P 500 stocks unveil a 45 percent drop in quarterly profits. The correlation between the...
A $5T Pile of Cash is Waiting to Enter Bitcoin Market, Asserts Top Investor
Veteran macro investor Dan Tapiero sees “huge opportunity” for Bitcoin as investors cautiously turn to cash. Data from Refinitiv Lipper showed investors sitting atop a...
Morgan Stanley’s V-Shape Recovery Prediction Can Still Lead Bitcoin Above $10K
Bitcoin price could attempt a close above $10,000 as Morgan Stanley predicts a V-shape global recovery by the fourth quarter. Economists at the investment banking giant expect global...
Bitcoin Braces for $11,000 on Weaker Dollar Demand
Bitcoin rose above $10,000 in an overnight rally Monday for the first time since May 8, 2020. The gains surfaced as investors sold the US dollar for riskier assets amid optimism about...
When Fed is Out of its Mind, Bitcoin is the Answer
It took the sudden emergence of a pandemic to demonstrate how pathetic the global financial system really is. The US Federal Reserve (Fed) is now doing a live demonstration on how to...
Canadian Stablecoin CUSD Officially Launched by BVCI
A stablecoin pegged to the US dollar, but aimed at the Canadian market, has been officially launched by Blockchain Venture Capital, Inc. CUSD Combines US Dollar Backing with Canadian...
Bitcoin Bull Pomp: I Would Tokenize The US Dollar Immediately
Morgan Creek Digital co-founder and serial bitcoin bull, Anthony Pompliano, said that he would tokenize the dollar immediately if he was the US government. This is the only way that it...
Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future
Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks...
Bitcoin Darknet Spending 800x Lower Than Fiat Money Laundering: Research
Bitcoin contributes 800 times less value to the world’s money laundering total than fiat, new data suggests. $1 in BTC, $800 in Fiat The result of fresh research from analysis firm...
Bitcoin May Be Entering 2-3 Bull Market Now, Morgan Creek CEO Says
Bitcoin may be entering a two or three-year bull-market now, according to Anthony Pompliano, CEO of Morgan Creek Digital. US dollar Just as ‘Untied’ as Bitcoin? During a...
New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term
Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet...