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Reserve Currency Status Should No Longer Be Taken for Granted – Economics Bitcoin News
European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed:…
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The Solution to Argentina’s Inflation Crisis?
Argentina’s economic woes have been compounded by record inflation and a rapidly depreciating peso. Citizens have been struggling to cope with the effects of excessive currency creation and the impact of the Russia-Ukraine conflict. …
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Crypto Spot Trading Volume Reaches $2.8T in Q1 2023: CoinGecko
Bitcoin has shown immense resilience this year. While the overall rally hasn’t been smooth sailing per se, it holds significance as it came against the backdrop of the banking scandal. This essentially represented a…
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Musk hints at suing Microsoft, US Rep wants Gary Gensler fired…
Top Stories This Week
Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data
Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally”…
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Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a…
The percentage of reserves held in U.S. dollars by central banks has fallen to less than half of the global total of reserves, according to a note from Eurizon SLJ Asset Management. The note states that the recent sanctions…
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Bitcoin Price Predictions for 2023: You Won’t Believe #3!
Entering the second quarter of 2023, Bitcoin continues to be a widely-discussed topic. As a potential safe haven against inflation, it captures the attention of both investors and financial experts.
The future of Bitcoin remains…
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Is $45,000 in Play For Bitcoin This Year? Decoding BTC Accumulation Behavior
Bitcoin has rallied 80% this year. After starting this week on a promising note, the world’s largest cryptocurrency regained its foothold at $30,000, but bears were quick to take intercept and pushed the price below it…
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Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote
Payward Europe Solutions, an Irish subsidiary of Kraken registered in Dublin, was awarded virtual asset service provider (VASP) authorization from the Central Bank of Ireland on April 18. We’re pleased to announce that Kraken has…
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IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’ –…
Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are…
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Crypto Liquidations Hit $170M, BTC Holds $30,000
The decline in the value of cryptocurrencies over the last 24 hours has led to $169 million in crypto liquidations for traders, according to Coinglass data.
Per the data, 46,931 traders were liquidated, with the largest liquidation…
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