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Bitcoin News
Bitcoin News

Bond King, Gundlach thinks dollar is ‘doomed’ and BTC looks ‘scary’

Palak Malhotra July 17, 2021

Jeff Gundlach, the Billionaire investor, DoubleLine Capital CEO, also known as the “Bond King” has commented against the price of the dollar in the foreseeable future. Additionally, he said that Bitcoin prices may also reduce considerably. Dollar is Doomed Jeff Gundlach shared that the state of inflation in the US is bad, and especially post-pandemic

Jeff Gundlach, the Billionaire investor, DoubleLine Capital CEO, also known as the “Bond King” has commented against the price of the dollar in the foreseeable future. Additionally, he said that Bitcoin prices may also reduce considerably. Dollar is Doomed Jeff Gundlach shared that the state of inflation in the US is bad, and especially post-pandemic

Another $3 Trillion Stimulus
Bitcoin News
Another $3 Trillion Stimulus
Bitcoin News

President Elect Biden to Propose New $1.5 Trillion Stimulus Plan, Will Bitcoin See Another Mammoth Rally?

Prashant Jha January 14, 2021

The incoming US President Joe Biden is all set to take oath on January 20 and many believe his first task in the office would be to work on a new stimulus deal that could be worth $1.5 trillion. A recent report by Reuters suggests that Congress was due to hear the new deal today,

The incoming US President Joe Biden is all set to take oath on January 20 and many believe his first task in the office would be to work on a new stimulus deal that could be worth $1.5 trillion. A recent report by Reuters suggests that Congress was due to hear the new deal today,

Sam Zell Skeptic on Bitcoin
Bitcoin News
Sam Zell Skeptic on Bitcoin
Bitcoin News

Billionaire Sam Zell Skeptic of Bitcoin, Predicts US Dollar to be Replaced as World Reserve Currency

Prashant Jha December 21, 2020

Sam Zell,  the American billionaire businessman and philanthropist recently in an interview claimed that he is still skeptical about bitcoin as the whole world seems to go gaga over the top cryptocurrency. The Real-estate magnate suggested that Bitcoin might turn out to be the answer to many of our financial woes but he still doesn’t

Sam Zell,  the American billionaire businessman and philanthropist recently in an interview claimed that he is still skeptical about bitcoin as the whole world seems to go gaga over the top cryptocurrency. The Real-estate magnate suggested that Bitcoin might turn out to be the answer to many of our financial woes but he still doesn’t

Another $3 Trillion Stimulus
Bitcoin News
Another $3 Trillion Stimulus
Bitcoin News

US Congress Agrees To a $900B COVID-19 Stimulus Deal, What’s Next For Bitcoin?

Godfrey Benjamin December 21, 2020

After months of negotiation impasse, the United States (US ) Congress has agreed to a US$900 Billion COVID-19 stimulus deal for the benefits of Americans. According to a report by CNBC, the new stimulus package was agreed upon by Congress on Sunday according to Senate Majority leader Mitch McConnell and Minority Leader Chuck Schumer.  The

After months of negotiation impasse, the United States (US ) Congress has agreed to a US$900 Billion COVID-19 stimulus deal for the benefits of Americans. According to a report by CNBC, the new stimulus package was agreed upon by Congress on Sunday according to Senate Majority leader Mitch McConnell and Minority Leader Chuck Schumer.  The

china
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china
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“We Don’t Have Ambitions to Replace Existing Currencies”- Ex-PBOC Chief on Digital Yuan

Prashant Jha December 14, 2020

China’s growing influence in the digital currency space has created a sense of urgency among many western counterparts especially the US who view China’s national digital currency as a threat to their financial sovereignty. The US Dollar is currently the default currency of trade in the international trade market with over 88% of market dominance

China’s growing influence in the digital currency space has created a sense of urgency among many western counterparts especially the US who view China’s national digital currency as a threat to their financial sovereignty. The US Dollar is currently the default currency of trade in the international trade market with over 88% of market dominance

CHINA bitcoin
Altcoin
CHINA bitcoin
Altcoin

Editorial: Is “Digital Yuan” China’s Weapon to Rule Global Markets?

Prashant Jha December 6, 2020

The advent of cryptocurrencies like Bitcoin as a mainstream investment market and a reliable payment gateway has forced governments around the globe to take notice of the nascent technology. The ongoing bitcoin bull run driven by the mainstream financial giants such as PayPal and MicroStrategy & rising global trade tensions has only made the contention

The advent of cryptocurrencies like Bitcoin as a mainstream investment market and a reliable payment gateway has forced governments around the globe to take notice of the nascent technology. The ongoing bitcoin bull run driven by the mainstream financial giants such as PayPal and MicroStrategy & rising global trade tensions has only made the contention

bitcoin-reserve-indicator
Bitcoin News
bitcoin-reserve-indicator
Bitcoin News

Will USD Devaluation Hedge the $SPX Fueled Drop in Bitcoin Prices?

Nivesh Rustgi August 19, 2020

New highs in SPX seems to be acting as a catalyst for the drop in Bitcoin and gold. However, the devaluation of the US Dollar might build bullish fundamentals.  The stock market opening on Tuesday was quite eventful as asset prices across commodity, currency and crypto markets moved drastically. $SPX new ATH. Let that sink

New highs in SPX seems to be acting as a catalyst for the drop in Bitcoin and gold. However, the devaluation of the US Dollar might build bullish fundamentals.  The stock market opening on Tuesday was quite eventful as asset prices across commodity, currency and crypto markets moved drastically. $SPX new ATH. Let that sink

venezuela bitcoin argentia
Bitcoin News
venezuela bitcoin argentia
Bitcoin News

Bitcoin Price Skyrockets in Venezuela and other Oil Exporting Nations

Nivesh Rustgi May 4, 2020

Hyperinflation in countries like Venezuela, Lebanon, Colombia, Argentina, and so on is causing a huge spike Bitcoin [BTC] prices. The volume of trade w.r.t. local currency is reaching ATH in many of these countries. The beginning of recession driven by COVID-19 and the subsequent oil market crash is beginning to reshape the world.  The recent

Hyperinflation in countries like Venezuela, Lebanon, Colombia, Argentina, and so on is causing a huge spike Bitcoin [BTC] prices. The volume of trade w.r.t. local currency is reaching ATH in many of these countries. The beginning of recession driven by COVID-19 and the subsequent oil market crash is beginning to reshape the world.  The recent

Bitcoin News
Bitcoin News

Bitcoin Paradigm Shift? Analysts Fear Inflation Behind the ‘BRRR’ of FIAT Printing

Nivesh Rustgi March 24, 2020

The U.S. Fed Chairman, Jerome Powell announces that it is preparing to buy unlimited amounts of U.S. bonds and mortgage-backed securities to prevent the economy from falling into depression. Hence, paving way for another $2 trillion worth economic stimuli. However, the stock market shows little strength after the announcement. The S&P 500 Index closed 2.9%

The U.S. Fed Chairman, Jerome Powell announces that it is preparing to buy unlimited amounts of U.S. bonds and mortgage-backed securities to prevent the economy from falling into depression. Hence, paving way for another $2 trillion worth economic stimuli. However, the stock market shows little strength after the announcement. The S&P 500 Index closed 2.9%

bitcoin dollar
Bitcoin News
bitcoin dollar
Bitcoin News

Weak Dollar Equals Strong Bitcoin – Analyst, but Coronavirus Keeps up USD Demand

Nivesh Rustgi March 18, 2020

The Federal Reserve in the US has taken all the actions that would normally cause a drop in USD exchange rates. However, as the world is in the early phases of an economic shutdown due to coronavirus, the demand for US dollars is still intact. Since, last week the US financial regulators increased the supply

The Federal Reserve in the US has taken all the actions that would normally cause a drop in USD exchange rates. However, as the world is in the early phases of an economic shutdown due to coronavirus, the demand for US dollars is still intact. Since, last week the US financial regulators increased the supply

Regulation News
Regulation News

Five Nation Group Mulling over Cryptocurrency Plans to Tackle USD Dominance

Nivesh Rustgi November 15, 2019

Brazil, Russia, India, China, and South Africa or popularly known as BRICS, are backing the idea of a common payment system. The 11th BRICS summit is currently underway in Brazil. The set up would enable seamless trade between the countries and also tackle the dominance of the US dollar in the international markets. Reportedly, the

Brazil, Russia, India, China, and South Africa or popularly known as BRICS, are backing the idea of a common payment system. The 11th BRICS summit is currently underway in Brazil. The set up would enable seamless trade between the countries and also tackle the dominance of the US dollar in the international markets. Reportedly, the

Bitcoin News
Bitcoin News

US President Trump Speaks on Bitcoin and Libra – Here’s How Market Reacted

Nivesh Rustgi July 12, 2019

US President Donald Trump, who is more vocal about his feelings and thoughts than many, finally spoke about Bitcoin and cryptocurrencies. He not only gave his views in general but also spoke negatively about Facebook’s cryptocurrency plans with Libra. While his views were not favorable towards Bitcoin or any cryptocurrency, it hardly had an effect

US President Donald Trump, who is more vocal about his feelings and thoughts than many, finally spoke about Bitcoin and cryptocurrencies. He not only gave his views in general but also spoke negatively about Facebook’s cryptocurrency plans with Libra. While his views were not favorable towards Bitcoin or any cryptocurrency, it hardly had an effect

USD tron
Altcoin News
USD tron
Altcoin News

USDT-Tron Stablecoin Launched on the Tron Network by Tether

Nivesh Rustgi April 17, 2019

Tether has started issuing USD-pegged stablecoin based on the TRC-20 protocol. The new FIAT backed crypto on the Tron Network would enable zero fee transactions nearly in real time. USDT-Tron cryptocurrency that is issued by Tether and follows the TRC-20 protocol on the Tron Network. Tether Operations Limited is a firm that converts FIAT currency

Tether has started issuing USD-pegged stablecoin based on the TRC-20 protocol. The new FIAT backed crypto on the Tron Network would enable zero fee transactions nearly in real time. USDT-Tron cryptocurrency that is issued by Tether and follows the TRC-20 protocol on the Tron Network. Tether Operations Limited is a firm that converts FIAT currency

venezuela
Bitcoin News
venezuela
Bitcoin News

Venezuela Drops US Dollar for International Transactions while Posting Record Bitcoin Trading Volume

Abhinav Agarwal October 17, 2018

Venezuela is abandoning the US dollar for international payments while the floating exchange rate system of the country will be operating in euro, yuan, and other convertible currency. Meanwhile, P2P Bitcoin trading volume is making records by registering the highest volume. No more US Dollar for Venezuela Venezuela is dropping the US dollar for all

Venezuela is abandoning the US dollar for international payments while the floating exchange rate system of the country will be operating in euro, yuan, and other convertible currency. Meanwhile, P2P Bitcoin trading volume is making records by registering the highest volume. No more US Dollar for Venezuela Venezuela is dropping the US dollar for all

bitpay
Bitcoin News
bitpay
Bitcoin News

Bitpay adds Newly Launched Gemini Dollar and Circle Centre Coin to its Settlement Service

Nilesh Maurya October 16, 2018

Leading blockchain and bitcoin payment provider Bitpay has announced that it would be providing its merchant’s option to receive settlement in recently launched stablecoins of Circle Financials, Centre USD and Gemini Exchange’s Gemini Dollar. This move by Bitpay comes in anticipation of the rise in demand of stablecoins. Merchants and businesses can now receive settlement

Leading blockchain and bitcoin payment provider Bitpay has announced that it would be providing its merchant’s option to receive settlement in recently launched stablecoins of Circle Financials, Centre USD and Gemini Exchange’s Gemini Dollar. This move by Bitpay comes in anticipation of the rise in demand of stablecoins. Merchants and businesses can now receive settlement