Stablecoins can secure U.S. dollar dominance: Trump’s crypto czar
David Sacks, Trump’s crypto czar, said stablecoins could potentially strengthen U.S. dollar dominance just hours after Senator Hagerty proposed the GENIUS Act. White House AI and crypto czar David Sacks hosted a press conference alongside other GOP officials to outline President Donald Trump’s vision for America’s digital asset landscape. Sacks stated that stablecoins, fiat-pegged dollars […]
US dollar stablecoins should be audited
Howard Lutnick, President Trump’s pick for U.S. Commerce Secretary, faced tough questioning from lawmakers over his ties to Tether and the alleged criminal use of its dollar stablecoin. Speaking at a Senate hearing to to evaluate his nomination, the Cantor Fitzgerald CEO responded to a wave of inquiries about Tether’s potential role in illicit finance. […]
‘Rich Dad’ author Kiyosaki predicts Bitcoin will challenge US dollar dominance
Robert Kiyosaki, author of “Rich Dad Poor Dad,” has argued that Bitcoin will force the US dollar “into hiding.” He cited economic principles and network effects to support his prediction about the future of currency. In a series of tweets, Kiyosaki explained his bullish stance on Bitcoin (BTC) through two key laws. First, he referenced […]
Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO
Goldman Sachs CEO David Solomon called the original cryptocurrency an “interesting speculative asset.” Source link
The US dollar vs crypto: Is Trump undermining the greenback?
Money printing and poor fiscal policy have reduced the dollar’s value since 1913, prompting countries to explore alternative assets. Source link
Bitcoin price nears $100K as US dollar dips on CPI relief
Bitcoin nears a reclaim of six figures as BTC price strength gets a fresh US macro data boost. Source link
Strongest US dollar since 2022 bear market: 5 Things to know in Bitcoin this week
Bitcoin traders have plenty of BTC price risks to deal with ahead of the US Presidential inauguration. Source link
Pastor indicted for multi-million dollar crypto grift: DOJ
A 51-year-old Miami resident and pastor is accused of using his pulpit to swindle unsuspecting souls into a cryptocurrency scam. According to a Jan. 8 release from the U.S. Department of Justice, a federal grand jury in the Eastern District of Washington charged Francier Obando Pinillo with 26 counts of fraud, alleging he masterminded a […]
Bitcoin’s Trump trade dented by rising yields and strong US dollar
Bitcoin’s ability to hold $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Source link
Bitcoin’s outlook faces headwinds amid stronger dollar: Matrixport
Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub, wrote in a Jan. 8 research note. According to crypto analyst Markus Thielen, the tightening […]
