Category: dollars
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Trump Fires Early Warning Shot at Dollar’s Would-Be Challengers
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Breadcrumb links BMN Business Donald Trump jumped right into action as a defender of dollar strength, firing some heavy shots at a barely existing enemy. Article writer: Bloomberg News Salha Mohsen Published on December 7, 2024 • 6 minute read You can save this article by registering for free here.…
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‘How to Make Dollars Online’ AEON MINING Teaches You to Make $1k+ Daily
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AONE MINING was established in 2019 with the concept of “long-term investment and asset allocation”. Starting with clean energy, an online cloud mining service platform has made a significant impact on investment. AONE MINING currently has the best blockchain technicians and brings together people from all over the world who…
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Bitcoin Yield On Dollars? Yes, Please.
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Follow Frank on X. this morning, river It announced a Bitcoin Interest on Cash feature in which it will offer a 3.8% interest rate – paid in Bitcoin – on the dollars you leave in the exchange’s custody, which are FDIC insured up to $250,000. This return is similar to…
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Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site
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The man who accidentally threw a hard drive containing 8,000 bitcoins worth half a billion dollars into a landfill is suing the local city council for not excavating the site. James Howellsengraved in history books Accidentally discarded Bitcoin (CRYPTO: BTC), which today is worth more than half a billion dollars,…
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Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site
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The man who accidentally threw a hard drive containing 8,000 bitcoins worth half a billion dollars into a landfill is suing the local city council for not excavating the site. James Howellsengraved in history books Accidentally discarded Bitcoin (CRYPTO: BTC), which today is worth more than half a billion dollars,…
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Kenya seeks to stop sale of electricity in dollars
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Kenya is making another bid to stop bulk energy billing in US dollars and euros in a bid to lower electricity prices for households and mitigate Kenya Power’s foreign exchange losses. The country’s energy consumers often complain about high electricity tariffs, with some costs attributed to idle capacity charges to…
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What is the U.S. dollar’s role in stablecoin ecosystems?
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Stablecoins have seen explosive growth in the last four years, increasing from a $17.6 billion market capitalization to $170.6 billion. The number of holders has also skyrocketed from 3.78 million to 119.72 million. However, this growth brings critical questions. How safe is it to hold stablecoins? How secure are the…
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What is the U.S. dollar’s role in stablecoin ecosystems?
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Stablecoins have seen explosive growth in the last four years, increasing from a $17.6 billion market capitalization to $170.6 billion. The number of holders has also skyrocketed from 3.78 million to 119.72 million. However, this growth brings critical questions. How safe is it to hold stablecoins? How secure are the…
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Dollar’s demise appears overstated – JPMorgan By Investing.com
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Investing.com – The U.S. dollar has had a tough summer, falling significantly in August, but JPMorgan Chase believes those predicting the demise of the greenback are getting ahead of themselves. At 06:00 ET (10:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Dollar’s demise appears overstated – JPMorgan By Investing.com
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Investing.com – The U.S. dollar has had a tough summer, falling significantly in August, but JPMorgan Chase believes those predicting the demise of the greenback are getting ahead of themselves. At 06:00 ET (10:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Reports of dollar’s demise are greatly exaggerated, JPMorgan says By Reuters
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By Mark Jones LONDON (Reuters) – Suggestions that the dollar’s dominance of the global financial system is ending are off the mark, despite some dramatic signs of change in commodity markets and some trading blocs, JPMorgan said on Wednesday. JPMorgan said the rise of China and the use of economic…
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Reports of dollar’s demise are greatly exaggerated, JPMorgan says By Reuters
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By Mark Jones LONDON (Reuters) – Suggestions that the dollar’s dominance of the global financial system is ending are off the mark, despite some dramatic signs of change in commodity markets and some trading blocs, JPMorgan said on Wednesday. JPMorgan said the rise of China and the use of economic…
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Celsius demands billions of dollars from Tether: What’s going on
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Bankrupt lending platform Celsius has filed a lawsuit against Tether, demanding 39,542 BTC. according to LawsuitThe amount was collateral for a loan from the issuer of the Tether (USDT) stablecoin. Tether requested more collateral after the price of Bitcoin (BTC) fell in early 2022. Celsius agreed to Tether’s request, but…
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Australia, NZ dollars grapple with risk aversion as US growth fears weigh By Reuters
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SYDNEY (Reuters) – The Australian dollar held near three-month lows on Friday after weak U.S. data fueled fears of a sharp slowdown in the world’s largest economy, prompting investors to seek refuge in the safe-haven yen and Swiss franc. The single currency was steady at $0.6501, having fallen 0.5% overnight…
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Dollar’s reign to live on even as global monetary landscape evolves By Investing.com
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Investing.com — UBS Global Research maintains a positive outlook for the continued dominance of the U.S. dollar as the world’s primary reserve currency. Despite growing concerns about its sustainability, analysts say several factors will support the U.S. dollar’s preeminent status for years to come. While UBS points to the potential…
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Wait-and-see ECB boosts euro comeback as King Dollar’s crown slips By Reuters
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By Naomi Rovnick and Dara Ranasinghe LONDON (Reuters) – Traders kept the euro on track for a strong comeback on Thursday as the European Central Bank’s dovish stance after a second interest rate cut in September took concerns about French policy off the currency’s path. As global markets brace for…
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Weak U.S. Jobs Reports Extended The Dollar’s Losses On Wednesday
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The United States released a batch of economic data on Wednesday that could give markets clues to the outcome of Friday’s U.S. nonfarm payrolls report: the Challenger Report The data showed that U.S. employers announced 48,786 job cuts in June, down 23.6% from May but still 19.8% higher than June…
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US dollar’s dominance secure, BRICS see no progress on de-dollarization -report By Reuters
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Written by Andrea Shalal WASHINGTON (Reuters) – A new study by the Atlantic Council’s Center for Geo-Economics showed that the US dollar is still the world’s main reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global dependence on the dollar. The group’s…
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US dollar’s dominance secure, BRICS see no progress on de-dollarization -report By Reuters
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Written by Andrea Shalal WASHINGTON (Reuters) – A new study by the Atlantic Council’s Center for Geo-Economics showed that the US dollar is still the world’s main reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global dependence on the dollar. The group’s…
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Group claiming CDK systems hack demands millions of dollars, Bloomberg News reports By Reuters
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(Reuters) – A group of hackers who claimed responsibility for a cyberattack on CDK software systems demanded a multimillion-dollar ransom to put an end to the hack that affected auto dealers across the United States, Bloomberg News reported on Friday. The group behind the attack is believed to be based…