At least 3 nations to replace their currency with CBDC by 2030: report
The digital yuan will not unseat the U.S. dollar — at least not right away. Go to Source Powered by WPeMatico
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Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks
Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says. Go to Source Powered by WPeMatico
Bitcoin, USD velocity both crash — but BTC price reacted differently
Rampant inflation of the dollar’s M2 money supply is only enriching the “cantillionaires,” Max Keiser argues as its velocity hits record lows. Go to Source Powered by WPeMatico
Digital yuan doesn’t pose a threat to the hegemony of the dollar, says expert
Foreign investors still doubt the PBoC’s policies when it comes to the RMB exchange rate. Go to Source Powered by WPeMatico
Switzerland’s top online retailer completes transaction with digital franc
The first regulated stablecoin in Switzerland is entering e-commerce. Go to Source Powered by WPeMatico
Bybit expands to Japan and Korea with new fiat payment gateways
ByBit has also added support for the Vietnamese language on its platform. Go to Source Powered by WPeMatico
Bitcoin is on target to hit $288K as US money velocity collapses in Q2
An analyst warns that there is now “just too much money to spend” as the wild money printing regime of central banks fuels Bitcoin’s strength. Go to Source Powered by WPeMatico
China’s digital yuan trials reportedly limited to small retail transactions
China’s central bank released a new statement to debunk some rumors. Go to Source Powered by WPeMatico
Buy Bitcoin Before ‘Major Banking Crisis’ — Rich Dad Poor Dad Author
Robert Kiyosaki says there is no longer any time to “think about” buying safe havens like Bitcoin as dollar weakness continues worsening. Go to Source Powered by WPeMatico
5 National Currencies That Bitcoin Is Absolutely Crushing in 2020
The price of Bitcoin has surged by 50% to 128% against global currencies since early 2020 and analysts believe the trend could continue. Go to Source Powered by WPeMatico