Crypto Analyst Jason Pizzino Sees Bullish Structure for Bitcoin Amid Weakening US Dollar
Crypto analyst Jason Pizzino suggests that Bitcoin (BTC) is forming a bullish structure as the US dollar shows signs of weakness. He points to the key level of $28,400 for Bitcoin and notes that as long as the market holds up above this level, it seems like the beginning of an uptrend. Pizzino al ...
Dogecoin (DOGE) Shows Signs of Recovery, Aims to Surpass Key Resistance at $0.0640
Dogecoin (DOGE) is currently in a recovery phase after finding support around $0.0595 against the US Dollar. There is potential for DOGE to continue rising if it manages to surpass the resistance at $0.0640. DOGE has initiated a decent upward movement above the $0.0615 resistance against the US d ...
Billionaire Chamath Palihapitiya claims US regulators have “strangled” the cryptocurrency sector
According to billionaire and venture capitalist Chamath Palihapitiya, the cryptocurrency industry in the United States is on the brink of collapse due to what he believes is the stifling regulations imposed by the government. Palihapitiya claims that the US authorities vi ...
Stellar CEO Urges US Lawmakers to Regulate Stablecoins to Strengthen National Currency
According to an interview with Bloomberg, the CEO of the Stellar Development Foundation, Denelle Dixon, believes that US lawmakers need to develop regulation for stablecoins tied to the US dollar. This would help strengthen the value of the national currency, as US financial regulators are increa ...
Stellar CEO calls for regulation of stablecoins pegged to the US dollar
In a recent interview with Bloomberg, Denelle Dixon, the CEO of the Stellar Development Foundation, shared her views on the need for US lawmakers to regulate stablecoins pegged to the US dollar. Dixon believes that such regulations will not only help strengthen the value of the national currency ...
Jeffrey Sachs Predicts State Cryptocurrencies Will Replace the US Dollar in Payment Sphere
According to Jeffrey Sachs, a renowned economics professor and the director of the Columbia University Center for Sustainability, state-backed digital currencies will eventually replace the US dollar in the payment sphere. Sachs emphasized that up to 60% of foreign trade settlements are presently ...
India’s New Foreign Trade Policy Guideline to Allow Use of Digital Rupee for International Payments
The Indian government has recently introduced a new foreign trade policy guideline that allows the use of the digital rupee for international transactions. According to India's Commerce Minister, Sunil Barthwal, the new policy will make cross-border payments much more accessible for countries who ...