Tag: dollar

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Bitcoin and ether test the price floor as U.S. equities, dollar hold steady

Bitcoin BTC$59,003.62 fell 1.5% on Tuesday after failing to hold above $60,000 on Monday. It now trades at $59,250, looking set to challenge the...

Bitcoin Open Interest Surges Into Lows After US Dollar Hits New 40-Year Yen High

Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close.Key points:US stocks' Q2 gains...

Bitcoin Battles US Dollar and Iran Nerves at $64,000 This Week

Bitcoin (BTC) treads water around $64,000 to start the week, but market participants see plenty of catalysts coming.Key points:The US dollar is on the...

Bitcoin’s (BTC) nemesis, the Dollar Index (DXY), is on the verge of a major breakout: Daybook: Crypto Daily

Bitcoin BTC$63,278.97 and the Dollar Index (DXY) are moving in opposite directions, with the latter on the verge of a major move that may...

Kevin Warsh Still Needs To Manage The Dollar, While Bitcoin Runs Automatically

Kevin Warsh chaired his first Federal Open Market Committee meeting this week and immediately showed his hawkish colors. Rates stayed steady, but...

Fidelity’s Dollar Stablecoin Taps Curve and Uniswap as Its DeFi Liquidity Layer

The Fidelity Digital Dollar stablecoin deployed Curve Finance Stableswap LP positions and Uniswap LP positions simultaneously in a single Ethereum block Thursday evening, with...

apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral

Apyx Finance's apxUSD stablecoin slipped to $0.94 after Bitcoin fell to $63K, the first concrete peg break in the chain linking Strategy's BTC treasury...

MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

MoneyGram announced Tuesday it had launched its own U.S. dollar-backed stablecoin on the Stellar (XLM) blockchain, joining a growing wave of global payments companies...

Pan-European stablecoin effort expands to 37 lenders in push back against U.S. dollar dominance

Qivalis, a stablecoin initiative backed by a group of European banks, aims to issue a stablecoin later this year to deepen the euro's role...

Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks

The chairman of droppRWA has secured $12.5 billion in mandates to tokenized real estate and his plans are to go beyond properties to bring...

CLARITY will strengthen dollar stablecoins, but Asia wins on yield: HashKey Research

HashKey says U.S. regulatory clarity may unlock institutional adoption of crypto and reinforce USD stablecoins globally, though stricter yield rules could push capital toward...

Boltz Launches Non-Custodial USDC Swaps, Bridging Bitcoin Directly To Circle’s Regulated Dollar

Boltz, a leading non-custodial swap provider for Bitcoin, today announced the launch of USDC Swaps, enabling instant conversion between Bitcoin and USDC, the regulated...