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Tag: Dollar

BTC price cools on latest US data as Bitcoin liquidates $80M in shorts

February 16, 2023 wp-bot Cointelegraph

Bitcoin price shies away from $25,000 with questions over inflation combine with a resurgent U.S. dollar.

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Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals

February 16, 2023 wp-bot Cointelegraph

Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin.

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Bitcoin price eyes $23K despite US dollar strength hitting 6-week high

February 15, 2023 wp-bot Cointelegraph

The U.S. dollar index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington.

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3 reasons why Binance’s BNB token risks sliding further by March

February 15, 2023 wp-bot Cointelegraph

A slew of technical, fundamental and on-chain indicators hint at more pain for BNB’s price in February.

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Binance CEO: crypto industry will probably move to non-dollar stablecoins

February 14, 2023 wp-bot Cointelegraph

The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”

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Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

February 14, 2023 wp-bot Bitcoin News

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry

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Blockchain
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