U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status U.S. Senator […]

Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more. Top Stories This Week Circle launches cross-chain USDC transfer protocol Circle launched a cross-chain protocol that enables USDC transfers between the Ethereum and Avalanche blockchains. The protocol works by burning the selected amount of native USDC on […]

Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021. The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank – known for its services to fintech and crypto firms like Visa and Coinbase – to “self-correct” […]

Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the brink of war” and “are beyond the ability to talk.” The billionaire added that their relations “are getting so bad” that U.S.-China trade could collapse. He cautioned that the next 18 months “will be a very risky period.” U.S. and […]

Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar forming a “tripolar” reserve currency configuration. ‘A Multipolar World’ Economist Stephen Jen, the CEO of asset management firm Eurizon SLJ, expects multiple currencies […]

This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s inflation has been steadily rising […]

BTC/USD Perched Around 29370 Target:  Sally Ho’s Technical Analysis – 30 April 2023 Bitcoin (BTC/USD) traded mostly sideways early in the Asian session as the pair hovered around the 29430.67 level, a downside price objective that became technically significant following selling pressure around the 30463.84 area.   Selling pressure recently strengthened around the 29900 area after […]

Are you looking to add cryptocurrency to your investment portfolio? Look at Collateral Network (COLT), a project currently in its presale run that is predicted to soar by 35x soon. This is an excellent jump, with some experts even claiming it could provide more return on investment (ROI) than known coins such as Cardano (ADA) […]

The market is changing fast, and analysts believe some cryptocurrencies that were hot a few years ago may never see phenomenal growth. Analysts see little of a future in two cryptocurrencies: Cronos (CRO) and Loopring (LRC). Analysts believe that the increasing curbs on crypto advertising hurt Cronos (CRO), while saturation of Ethereum layer 2 solutions […]

Shiba Inu (SHIB) and Axie Infinity were among the top cryptocurrencies making headlines in 2020/21. Quite logical, given that Shiba Inu (SHIB) and Axie Infinity (AXS) were among the best performers at the time, doing thousands of percentages in gains. But will Shiba Inu (SHIB) and Axie Infinity (AXS) repeat the magic of 2021? Analysts […]