US dollar
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J.P. Morgan’s CIO Predicts Interest Rate Cuts from Federal Reserve in September Amid Economic Recession
According to reports, Bob Michele, Chief Investment Officer of J.P. Morgan\’s fixed income division, stated that the Federal Reserve will start cutting interest rates from September
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BitMEX co creation: Multiple currency groups will emerge in the future but will not reach the “dominant” position of the US dollar
According to reports, Arthur Hayes, co-founder of BitMEX, published an article titled \”Exit Liquidity\”, exploring the global economy and role of the US dollar, as well as how its s
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Whale Alert: USDC Treasury Destroys $130M
According to reports, Whale Alert data shows that at 2:53130769823 USDCs ($130769823) were destroyed in the USDC Treasury today (Beijing time).
130769823 USDCs destroyed in USDC Tr -
The likelihood of Federal Reserve Interest Rate Hike in May: A Swap Market Analysis
According to reports, the swap market shows a nearly 90% probability of the Federal Reserve raising interest rates in May. The US dollar index DXY continued to rise, rising nearly
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Introducing Ondo Finance’s latest offering: OMMF, a US dollar-pegged stablecoin based on money market funds (MMFs)
On April 14th, it was announced that the DeFi agreement, Ondo Finance, will officially launch the US dollar stable currency OMMF based on money market funds (MMFs). Investors will
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Federal Reserve’s Interest Rate Decision: A Look at the Probabilities
According to reports, according to CME\’s \”Federal Reserve Observation\”, the probability of the Federal Reserve maintaining interest rates unchanged in May is 36.5%, and the probabi
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BUSD’s Market Value Drops by over 30% in One Month
According to reports, according to the latest data from Coinsecko, the market value of the US dollar stable currency BUSD issued by Paxos has fallen below $7 billion, compared to $
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The Impact of the Fed’s Dovish Shift on Stocks, Gold, and Bitcoin
According to reports, Jurrien Timmer, the global macro head of Fidelity, discussed the possible impact of the Fed\’s dovish shift on stocks, gold, and Bitcoin. Jurrien Timmer stated
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The BRICS Countries’ Commitment to Developing a New Currency: What You Need to Know
According to reports, Alexander Babakov, Vice President of the Russian Duma, revealed that the BRICS countries are committed to developing a new currency, and relevant countries ma
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#BRICS Countries Committed to Developing New Currency
According to reports, Alexander Babakov, Vice President of the Russian Duma, revealed that the BRICS countries are committed to developing a new currency, and relevant countries ma
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The United States’ War on Cryptocurrencies: Is the US Dollar’s Hegemony at Stake?
On March 28th, Stefan Rust, CEO of Trufusion, an inflation data aggregator, said that the United States seemed intent on \”killing\” cryptocurrencies. According to him, it is mainly
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Understanding the Recent USDC Circulation and Redemption Figures
According to official data, from March 17 to March 24, Circle issued a total of $500 million in USDCs and redeemed $2.6 billion in USDCs, resulting in a decrease in circulation of
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#The Impact of Aggressive Regulatory Actions on Cryptocurrencies in the United States
According to reports, Jeremy Allaire, CEO of Circle Corporation, the issuer of the US dollar stable currency, stated on social media that the \”aggressive regulatory actions\” on cry
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Proposal to Limit Federal Reserve Authority in CBDC Creation: Ted Cruz’s Legislation
According to reports, Texas Republican Senator Ted Cruz has proposed legislation aimed at preventing the Federal Reserve from creating a consumer based central bank digital currenc
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An Overview of HOPE Stable Currency and Its Reserve Assets Requirements
On March 22nd, Flex Yang, the former founder of Babel Finance, stated in the AMA live broadcast that for reasons of trust, the stable reserve assets of stable currency HOPE will be
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Can Bitcoin Really Save Us?
On March 21st, Sean Lennon, the son of Beatles legend John Lennon, wrote that only Bitcoin can save us now. This view is in response to a post comparing the US dollar to an old sys
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USDC and DAI trigger frenzy of loan repayment, saving debtors $100 million
On March 14, the news that USDC and DAI had recently disengaged from the US dollar triggered a frenzy of loan repayment last weekend, which saved debtors more than US $100 million in loans. Report: The debtor repaid the loan during the period of stable currency anchoring, saving more than US $100 million Analysis based on this information:The recent announcement that USDC and DAI had disengaged from the US dollar caused a stir of activity in the loan repayment sector, resulting in debtors saving more than US $100 million in loans last weekend. This statement brings forward some questions about the current state of the US dollar and cryptocurrency, and how these two currencies are affecting the economy and financial world. USDC and DAI are both stablecoins, which means they are backed by reserve assets such as the US dollar or gold. However, unlike a regular cryptocurrency, their value is pegged to an external asset, providing greater stability and predictability…
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US Dollar Index Falls to New Low amid Economic Uncertainty
According to the report, the market showed that the US dollar index DXY fell 104 and fell 0.35% to 103.85, a new low since February 21. The dollar index DXY closed at 103.85, a new low since February 21 Analysis based on this information:The US dollar has hit a new low in the market index, with a fall of 0.35%, taking the value of the US dollar index DXY to 103.85. This significant drop in value suggests the growing economic uncertainty in the US market. The US dollar index DXY is an important benchmark for currency trading and is widely used by investors and analysts to monitor the value of the US dollar against a basket of other currencies, including the euro, yen, and pound sterling. The downward trend of the US dollar index DXY can be attributed to several factors, including the ongoing COVID-19 pandemic, increasing geopolitical tensions, and the mounting pressure on the US economy. The global economy…
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BCB Group to Add Dollar Functions to Fill the SEN Loopholes
According to reports, Oliver von Landsberg-Sadie, CEO of BCB Group, said that the company was speeding up its plan to add dollar functions to help fill the loo…