U.S. Treasury Secretary Scott Bessent reaffirmed the country’s commitment to a strong dollar policy on Tuesday, amidst a recent decline in the DXY and an increased interest in […]
Dollar Slumps to 3-Year Low, Triggering Gold and Bitcoin Surge
The US Dollar Index experienced a significant decline on April 21, 2025, dropping to its three-year low of 97.92. This drop contributed significantly to gold reaching an all-time […]
Standard Chartered Predicts $2 Trillion Stablecoin Surge & Increased U.S. Debt Demand
Standard Chartered analysts forecast stablecoin supply to reach $2 trillion by 2028, potentially leading to $1.6 trillion in additional demand for U.S. Treasury bills if the new crypto […]
Emerging Asian Currencies See Bullish Bets Amid Dollar Weakness
Recent analysis from Odaily, citing a Reuters survey of eight financial experts, highlights increased bullish bets on several emerging Asian currencies. These currencies are being buoyed by the […]
U.S. Dollar Index Dips Slightly
A brief dip in the U.S. Dollar Index (DXY) was observed, marking a decrease of 20 points to reach 99.44, according to BlockBeats reporting.
Stablecoins Expected to Reach $2 Trillion by 2028: Standard Chartered Predicts Dramatic Growth
Standard Chartered forecasts a dramatic surge in the stablecoin market, projecting a tenfold increase in U.S. stablecoin supply to reach $2 trillion by 2028, contingent on upcoming legislation. […]
Will a Falling Dollar Boost Bitcoin and Altcoins?
The U.S. dollar index is in freefall, falling to levels last seen in 2006 due to tariffs and concerns about the U.S. economy. This drop presents an opportunity […]
U.S. Commerce Secretary Remains Unfazed by Dollar’s Strength
Despite the dollar’s recent surge in value, U.S. Commerce Secretary Gina Raimondo expressed no concern about its strength. Her statements indicate a belief in the currency’s resilience despite […]
Market Uncertainty Erodes USD Value, Raises Concerns for Crypto Performance
Recent market uncertainty has cast a shadow over both the US dollar and cryptocurrency values. This article examines expert warnings regarding the weakening dollar’s impact on cryptocurrencies. While […]
US Dollar Drops to Decades-Low as Confidence Wanes
The US dollar has hit a historic low, signaling a decline in trust for US financial assets and impacting global markets. This dip is attributed to growing uncertainties […]
U.S. Dollar Index Dips Below 100 for First Time Since July 2023
The U.S. Dollar Index (DXY) has fallen below the 100 mark for the first time since July 2023, dropping by a significant 60 points according to Odaily. This […]
Will Weaker Dollar Fuel Crypto Surge?
A potential weakening of the US dollar is creating excitement in the cryptocurrency market, with experts speculating on its impact on digital asset values. President Trump’s strategy to […]
Bitwise Predicts Bitcoin Surge Due to Potential US Dollar Weakening
A new report from Bitwise, an analytics firm specializing in crypto assets, suggests that President Trump’s preference for a weaker U.S. dollar could significantly benefit Bitcoin (BTC). According […]
UBS Cuts AUD/USD Forecast: Trade War Threatens Australian Dollar
UBS has lowered its forecast for the AUD/USD exchange rate due to a worsening trade war environment. The Australian dollar is facing pressure from global trade disputes and […]
US Dollar Under Pressure: Recession Fears Drive Currency Fluctuation
The volatile world of finance reveals a potential shift in power as the US dollar weakens amidst growing recession fears. The British Pound Sterling also struggles, burdened by […]