dollar News

Russian President Vladimir Putin delivered pointed remarks on the implications of the U.S.’s using the dollar as an instrument in political conflicts. In a recent interview with conservative pundit Tucker Carlson, Putin criticized American leadership and the Biden administration for…

Global financial giant JPMorgan has announced a strategic partnership with six major Indian banks to launch a blockchain-based platform to settle interbank dollar transactions.

The US treasury has announced to preside over the digital dollar advancements by leading the group of US-based entities currently working on the project. The United States Treasury Undersecretary for Domestic Finance, Nellie Liang, announced that the US treasury would…

Federal Reserve chairman Jerome Powell said that “it makes sense to moderate the pace of our rate increases” since the economy is approaching “the level of restraint that will be sufficient to bring inflation down.” During the eight and final…

The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which…

Kraken head Jesse Powell has made an unprecedented prediction that bitcoin could reach $1M in value. Powell on Bitcoin’s Future Potential The CEO, who is bullish on the world’s most known crypto, stated that BTC enthusiasts agree that digital assets…

Bitcoin has shown substantial stability in the last few days as legacy markets continued to crash, per Bloomberg, March 21, 2020. After the correlation between Bitcoin and the S&P 500 hit an all-time high over the last week, can Bitcoin make a…