Kategori: Fiat

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

While the euro has found support between 0.96 till 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 Miljarder in 83 dagar

Just over two months or approximately 83 dagar sedan, 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......

Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun

With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldnt come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far......

Venezuela satsar på de-dollarisering efter att utländsk valuta och kryptoskatt har tillämpats

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......

USA:s inflation hoppar högst in 40 år till 7%, Demokrater är oroliga för att inflationen kommer att hemsöka partiet

One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Departments data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in December. This represents the largest annual......

Slovenien lanserar offentliga samråd om lagar om kryptobeskattning

Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. Förslaget, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to......