The Genius Act could boost the US dollar's dominance in Web3 by enforcing 1:1 stablecoin backing and compliance, according to a Foresight Ventures report.
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Bitcoin could surpass $1.5 million by 2030 as macro fears, fiat inflation and institutional demand drive bullish long-term forecasts.
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Analysts are warning of more fiat currency debasement, which is driving a growing appetite for digital assets, including cryptocurrencies and NFTs.
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Crypto and art NFTs can help investors protect their purchasing power from ongoing fiat currency debasement, according to Raoul Pal.
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Bitcoin has broken record levels against at least nine world currencies as its U.S. dollar price marches toward $20,000.
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His doom and gloom comments continue to roll in for global currencies.
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