The Wall Street icon, Howard Lutnik, defends Tether against skeptics, stating that they own the announced 95 billion dollars.
The Wall Street icon, Howard Lutnik, defends Tether against skeptics, stating that they own the announced 95 billion dollars.
Iran has recently called on the BRICS to establish a common currency to replace the dollar. This challenge to the dollar by Iran, but also increasingly by Saudi Arabia, explains why the Americans want to put an end to the Iranian regime. The end of the petrodollar would no longer allow the United States to finance its monstrous deficits through other countries.
In the face of a diverging path of U.S. dollar inflation from its usual trajectory, the United States Federal Reserve (FED) finds itself in a delicate situation. While the digital dollar project seemed to be the first line of defense, the FED now appears to be turning to a 'Plan B': the tokenization of real-world assets (RWA). Why such a pivot, and what can be expected from it?
The Fed has maintained its benchmark interest rate unchanged at 5.50% after eleven increases since March 2022.
Bitcoin is a technological earthquake that is reshaping finance, energy, politics and morality with the aim of regenerating humanity.
Unlike other cryptos, stablecoins inspire relatively more confidence among users. This is due to the stability of their value, which correlates with that of a fiat currency. However, their monetary status had never been officially recognized. At least, until Jerome Powell, Chairman of the US Federal Reserve (Fed), did so. Is this a turning point?
The United States government is struggling to find a solution to the debt ceiling. As a result, the markets are holding their breath and fearing default. In our previous article, we discussed the role of long cycles in monetary policy. In this context, French debt is also a cause for concern. The presented stability plan already appears optimistic. It is evident that difficulties in managing public debts would have dramatic consequences for the markets and the global economy. Let's take a closer look.
Banks are falling like flies as the Fed finishes raising rates. Hard to imagine a more favorable situation for Bitcoin.
The theory of the end of the US dollar has been spreading like wildfire in recent weeks. While some contest the idea of the dollar's demise, others believe it to be the end of an economic hegemony that has been long-standing. For some, it's a plot organized by enemies of western civilization.
Five months ago, Bitcoin was trading below $16,000. Enthusiasts were feeling down at that time, but they were not giving up. Now they're seeing their bravery pay off: the cryptocurrency is selling for over $28,000 a coin. That's enough to make the people who have been waiting for the bull run cheer for a long time. But not for Nicholas Merten, a notorious analyst in the cryptosphere.