News with the tag "Dollar"

US President Donald Trump is optimistic that dollar-backed stablecoins will help maintain the US dollar as the leading currency in the world. In a pre-recorded video for the participants of the Blockworks Digital Asset Summit in New York, Trump said he encourages the creation of a legal framework fo...

Is the former President Donald Trump becoming a surprising advocate for crypto? In a recent virtual address at Blockworks’ Digital Asset Summit (DAS), Trump voiced strong support for dollar-backed stablecoins , arguing they are crucial for maintaining the United States’ financial leadership. Let’s d...

Venezuelan Foreign Minister Yvan Gil stated that this new state of affairs in international trade was possible due to the push that Russia and the BRICS bloc exerted to bypass the U.S. dollar. Venezuelan Minister Yvan Gil: 25% of Trade Can Be Completed Away From the Dollar International trade market...

A crypto strategist who accurately timed Solana’s ( SOL ) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep b...

Cryptocurrency markets often react to shifts in traditional finance, and the latest movements in the Forex arena are no exception. Savvy crypto investors keep a close eye on major currency pairs because fluctuations in the dollar and euro, for instance, can signal broader economic trends that ripple...

Are you keeping a close watch on the pulse of the global financial markets? The cryptocurrency world is intricately linked with traditional finance, and understanding forex movements can offer valuable insights into broader economic trends. Today, we’re diving into the Asian foreign exchange (FX) ma...

In the ever-dynamic world of Forex trading, staying ahead of the curve is paramount. For those navigating the volatile cryptocurrency markets and seeking diversification or understanding broader financial trends, the movements of major currency pairs like EUR/USD offer crucial insights. Recently, a ...

Cryptocurrency markets are known for their volatility, but traditional financial markets like Forex often set the stage for broader economic sentiment. Currently, all eyes are on the upcoming US nonfarm payrolls data, a key economic indicator that’s casting a long shadow over Asia FX and the US doll...

This week, the US Dollar Index (DXY) has recorded one of its largest three-day negative performances in recent history. Since Monday, the DXY is down -5.4%, falling from 109.881 to 103.967—an event some market observers interpret as a bullish inflection point for Bitcoin. Jamie Coutts, Chief Crypto ...

Trump’s policies are undermining the U.S. dollar’s role as the world’s reserve currency, a financial expert warns, as global markets and major economies seek alternatives. Trump’s Policies Fuel Global Shift Away From US Dollar U.S. President Donald Trump’s policies are accelerating a global shift aw...