Who Will Win This Battle: US Dollar or Bitcoin?
Janet Yellen the Chair of the US Federal Reserve, is expected to announce the lift-off of interest rates from historic lows in its December 15 meeting. A better-than-expected jobs report also raised confidence that the US economy is primed for higher interest rates. But, how does that concern the Bitcoin ecosystem? To understand this in a simple way, let us see how Bitcoin has performed against the US dollar in the past two years. Below is the weekly U. S. Dollar Index chart compared with the BTC-USD pair in the lower section. Image. June 2014 - Feb 2015: Inverse Relation Confirmed. From....
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The illusion of the U.S. Dollar’s intrepid strength is a false indicator that the American media has been trumpeting since late 2013. It is an indication of its value relative to other fiat currencies like the Euro and Japanese Yen. Kind of like a battle for which debt-based bearer bond is the best at losing value the slowest. Well, CNBC has published an admission piece on how Bitcoin’s dollar price shames the world’s reserve currency in a battle of relative strength for 2015. Eric Rosenbaum’s article has an odd post-mortum twinge to it, starting off with “The U.S. dollar has had a nice....
The Kin Foundation says both itself and the Kin token have survived the recently resolved court battle with the U.S. SEC over a 2017 ICO.
Numerous coins are constantly added to blockchain and crypto exchanges. But many projects lack utility and marketing to make them worth investing in. We found five cryptos that have tremendous potential and have their IDO (initial DEX offering) coming soon: New Crypto IDOs – Top List 1. Battle Infinity Battle Infinity is a play to earn game that enables players to access various platforms. One of the platforms is the Battle Arena, where players use VR headsets to explore the Metaverse and to chat with other players in real-time. Another platform is Battle Staking, enabling players to....
PRESS RELEASE. Have you ever fantasized about of traveling to an endless cosmos to face off against cosmic warriors for control of the universe’s ultimate power? With NoVa Battle, you can get the chance to live your wildest dreams out of your mobile device. So, what exactly is NoVa Battle? And what makes it so different from other MOBA mobile games based on Blockchain technology? Keep reading to find out! What is NoVa Battles? NoVa Battles is a Play-to-Earn (P2E) mobile multiplayer online battle arena (MOBA) game built with the primary focus on blockchain technology. The first....
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According to Chinese media outlets, citing local crypto journalist Colin Wu, Jihan Wu and Micree Zhan reportedly agreed to arrange a $600 million compensation in favor of Jihan Wu, while Zhan will retain the control of the mining hardware manufacturer company operations. However, as part of the settlement, Zhan....