Friday, May 14, 2021
Home > Dollars

Bitcoin price blasts past $27K — BTC market cap now over half a trillion dollars

Bitcoin (BTC) continues its blistering holiday weekend rally, surpassing $27,000 on Dec. 27. What's more, the market capitalization of Bitcoin has surpassed half a trillion dollars for the first time ever. BTC/USD hourly candle chart (Bitstamp). Source: TradingviewBitcoin market cap breaches $500,000,000,000The new record-highs for Bitcoin come less than three days

Read More

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

A speech by Federal Reserve Chair Jerome Powell scheduled for Thursday offers a reminder of just how dramatically once-slow-moving monetary forces have accelerated due to the devastating economic toll of the coronavirus pandemic.  This time last year, President Donald Trump was vehemently criticizing Powell on Twitter for setting interest rates too

Read More

Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s Considerations

The Securities and Exchange Commission appears to be interested in Binance’s eponymous blockchain, 132% of ether wallets are in profit and the Bank of Japan is getting serious about CBDC R&D. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re

Read More

Dollars on Blockchain ‘Better Than Central Bank Monopoly on the Payments System’

Brian Brooks, the Acting Comptroller of the Currency and former head of Coinbase’s legal department, put forward blockchain as better than the United States’ current bank-dependent payments system.Decentralization for future paymentsOn July 29, Brooks spoke with Aaron Klein of the Brookings Institution, a major U.S. think tank. In answer to

Read More