BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022.
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BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022.
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A financial professor is skeptical about Bitcoin’s design but is still very much involved in crypto research and is bullish about the future of digital assets.
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While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said.
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Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling.
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From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash?
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