Fíat

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 mil millones, marking the lowest number of BUSD in circulation since April 2021. Es más, data indicates…

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

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An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

"Fiat es frágil"-El colapso de Silicon Valley Bank despierta los dedos y las preocupaciones de contagio

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Banco del Valle del Silicio (SVB) se ha convertido en el centro de atención después de que su colapso provocó el EE. UU.. Corporación Federal de Seguros de Depósito (FDIC) para cerrar el banco el viernes. Era el mayor EE. UU.. falla bancaria desde 2008, and various alleged catalysts…

Binance Bans Russians From P2P Transactions With Dollars and Euros

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Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US…

Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia

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Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance and Kuna indicated in comments for crypto media. Ukrainians Unable to Trade Crypto Assets Using…

Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

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Nvidia, a graphics processing unit and artificial intelligence (AI) empresa, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement…

Los estrategas de FX de Citi dicen que el euro podría hundirse a $0.86 si la turbulencia macro continúa

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While the euro has found support between 0.96 a 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,…

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Días

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Just over two months or approximately 83 hace días, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market…

Ser realistas, Lagarde: el activo subyacente que 'garantiza' que su moneda de estafa en euros es un arma

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With the approaching tsunami of central bank digital currencies (CBDC) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recientemente, European Central Bank president Christine Lagarde went so far…

Venezuela apuesta por la desdolarización tras aplicación de impuesto sobre divisas y criptomonedas

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The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited…