News with the tag "US 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...

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...

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 ...

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 ...

For cryptocurrency investors, understanding the undercurrents of global finance is crucial. The strength and stability of the US dollar, traditionally seen as a safe-haven asset, often influence broader market sentiment, including the crypto space. But what happens when the seemingly unshakable foun...

Real Vision’s chief digital assets analyst Jamie Coutts believes Bitcoin ( BTC ) is gearing up for a massive breakout after weeks of volatility. Coutts tells his 35,600 followers on the social media platform X that he thinks a weakening US dollar and a massive sell-off in the crypto markets sets Bit...

A recent tweet from Digital Perspective has sparked discussion regarding the potential role of XRP in maintaining the U.S. dollar’s dominance as the world’s reserve currency. The tweet suggests that “XRP was designed to underpin the USD dollar to ensure its dominance as the World Reserve Currency fo...

Are you watching the Forex markets closely? If you are involved in crypto trading or investments that touch global finance, you should be. The latest headlines are flashing red: Asian currencies are showing significant currency weakness , and the mighty US Dollar has slumped to a four-month low. Wha...

Are you watching the forex markets closely? If you are invested in or keeping an eye on Asian Currencies , you need to pay attention. A significant shift is underway in the global currency landscape, and it’s directly linked to the resurgence of trade tensions fueled by potential Trump tariffs. Let’...