Taiwan aims to launch a stablecoin pegged to its dollar or the US dollar by 2026 as crypto legislation progresses.
Sony Bank plans to launch a US stablecoin by fiscal year 2026 for low-fee payments in games and anime.
Pictet’s Paolini predicts the US dollar will weaken as Federal Reserve rate cuts loom, with the Dollar Index potentially dropping to 95 by 2026.
Klarna enters the crypto arena with plans to launch a USD-backed stablecoin on Tempo's blockchain by 2026.
Bitcoin regains $86,000 amid a strong US dollar, but concerns of a shaky foundation persist.
Dollar Index may reverse; potential impact on Bitcoin analyzed.
Solana (SOL) shows signs of recovery, climbing above $125 with resistance at $135. A bullish trend could emerge if it surpasses $145, but risks remain if price drops below $127.
The US Bureau of Labor Statistics releases the delayed September Nonfarm Payrolls data, eagerly awaited by USD traders to gauge labor market health and Fed interest rate decisions. Expected job gains, unemployment rates, and wage inflation figures could sway USD/EUR dynamics and Fed policy forecasts.
Raoul Pal warns that US Dollar's liquidity control is shifting from Fed to Treasury, signaling fiscal dominance.
The ECB is concerned that US dollar stablecoins may weaken its policy influence; European issuers propose solutions.
Dogecoin faces challenges as it attempts to recover from recent declines, struggling against resistance levels. Recovery efforts may falter below $0.1650, risking further drops toward key supports.
Belarus considers cryptocurrencies as an alternative to reduce reliance on the US dollar, leveraging its energy surplus for digital currency potential.
Belarus embraces cryptocurrency as a means to reduce reliance on the US dollar, with President Lukashenko advocating for crypto mining using the country's surplus electricity.
Tether shifts focus: hires traders from HSBC, invests billions in gold, reducing dependence on the US dollar.
Dogecoin is consolidating below $0.1780, facing resistance near $0.180. It might find support near $0.1680, potentially triggering an upward move. If DOGE can close above $0.1850, further gains could follow.
Solana’s price is on the rise, stabilizing above $165. Analysts eye a possible breakout if SOL surpasses resistance levels at $172 and $175, potentially driving prices higher. However, failing to clear these resistances could see SOL revisiting lower support levels.
Veteran crypto analyst Trader Mayne argues that Bitcoin hasn’t peaked yet, predicting a near-term low and potential year-end rally. With insights on speculative leverage, cross-asset trends, and macroeconomic factors, he remains bullish for November but warns of possible bearish signals. Mayne emphasizes institutional engagement could impact Bitcoin's volatile cycles.
Coinbase argues that stablecoins bolster global dollar use and support cross-border transactions, countering concerns about their impact on the US banking system.
Dogecoin struggles to sustain recovery above key levels as it consolidates below $0.20, with potential declines ahead.
NYDIG research finds Bitcoin's price is more influenced by US dollar strength and liquidity conditions than inflation. This challenges the perception of Bitcoin as an inflation hedge.
Solana's price continues to strengthen, reaching above $200 and showing potential for further gains. With strong support lines, SOL is aiming for the $208 resistance zone.
CZ criticizes Peter Schiff's tokenized gold, labeling it a "trust me bro" asset; Schiff predicts Bitcoin's downfall and a return to a gold-based system.
Economist Peter Schiff warns of a 'Cat-5 Financial Hurricane' threatening the US dollar and Treasury market, as gold and silver see a surge in demand due to monetary instability.
Federal Reserve Chair Jerome Powell's upcoming speech in Philadelphia could influence U.S. Dollar valuation amid potential rate cuts and economic uncertainties.
Financial institutions turn to debasement trade, favoring Bitcoin and gold as the US dollar weakens.