Markets News
Bitcoin surged to $126,200 as global crypto digital products logged $5.67 billion in record inflows, reflecting renewed investor faith amid fiscal and geopolitical risks.
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Dollar News
The dollar is the national currency of the United States and some other countries. Some of the most common currencies using the dollar moniker are the U.S. dollar, the Canadian dollar and the Australian dollar. Since World War II, it has been the world’s primary reserve currency. In 1971, U.S. President Richard Nixon depegged the dollar from gold, making it a fiat currency. Dollarization in other countries allows citizens to use it unofficially.
In contrast, Bitcoin, a decentralized digital currency, challenges the dollar’s hegemony. Discussions on de-dollarization arise as countries seek to diversify financial systems, reducing reliance on the dollar. This shift raises questions about the dollar’s long-term status and prompts reevaluations of global economic strategies.
The Federal Reserve System holds the authority to issue U.S. dollars, and all dollar bills issued since 1861 remain legal tender. The dynamic interplay between the dollar, Bitcoin and de-dollarization underscores the evolving landscape of global finance.
- Price Analysis
Bitcoin hit fresh highs on Monday, and several altcoins look ready to follow. If the buying pace sustains, BTC’s next stop could be $142,000.
6465 - News
Safe-haven and bearer assets are surging alongside risk-on assets like stocks, an unusual combination that signals a macroeconomic shift.
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The $300 billion record stablecoin supply may act as “rocket fuel” for the crypto market, while signaling a growing integration with global finance, industry watchers told Coinpectra.
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The total stablecoin market capitalization has surged past $300 billion, posting 47% growth YTD and highlighting a growing adoption trend.
4330 - Spotlight
A purpose-built blockchain stack offers stablecoins a higher tier of infrastructure with speed, reliability and compliance, helping to unlock their full potential in global finance.
5882 - Market Analysis
Bitcoin derivatives markets show heightened caution amid weak macroeconomic data, but Bitcoin ETF inflows and corporate accumulation signal bullishness.
5306 - Price Analysis
Bulls lift their short-term Bitcoin price target to $117,500 as BTC holds steady and several altcoins reclaim the pre-crash trading levels.
7312 - News
US steps in with a lifeline as Argentina battles peso turmoil, investor flight and President Javier Milei’s waning credibility. Crypto adoption surges.
10003 - Price Analysis
Bitcoin’s sharp fall resulted in the biggest long liquidation in a 24-hour period, and the sell-off pulled many altcoins below their immediate support levels.
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Governments around the world are exploring and launching stablecoins to remain competitive against dollar-pegged digital fiat tokens.
11685 - Market Update
Bitcoin struggled to hold the $115,000 level even after a Federal Reserve policy pivot brought about a long-awaited 25-basis point interest rate cut.
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Coinbase rejected claims that stablecoins drain US bank deposits, arguing most activity happens overseas and boosts the US dollar’s global strength.
9907 - Price Analysis
Bitcoin is facing solid resistance at $117,500, but the possibility of a rally to $124,474 remains high as long as the price remains above the moving averages.
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US dollar-pegged Stablecoins have become commoditized, diminishing the need for individual price tickers from the viewpoint of crypto users.
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