USD

Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement

</header> <strong>According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. </strong> Also Read: French Ministry of Education Publishes Bitcoin Resource Guide for Educators Maker’s Multi-Collateral Dai Will Launch …

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3 Major Signs That Precede the Fall of World Reserve Currencies

</header> <strong>The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon, statistically speaking. But it’s not mere …

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Iran Is Being Targeted for Economic Independence, Not Terrorism

</header> <strong>New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already tenuous ties to the global market. With soldiers and weapons …

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Crypto’s Forgotten Altcoins Re-Emerge: A Look at What’s Happening

</header> <strong>During the crypto bull market of 2017, everybody was happy. It wasn’t just the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> maximalists, <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> enthusiasts, or proponents of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/ETH” target=”_blank” rel=”noopener noreferrer”>ETH</a>. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding …

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Currency War Erupts as US and China Bring Out the Big Guns

<header class=”article__header”> </header> <strong>What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people fear losing the …

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Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash

<header class=”article__header”> </header> <strong>On June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week news.Bitcoin.com spoke with the founder …

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The Myth of Authority: Mnuchin Denies USD Is Used Criminally

</header> <strong>U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of a soundbite as well, sharing her thoughts on “bitcom” and the …

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What Are Dollars Used for, President Trump? – The Gun Money Known as USD

</header> <strong>Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.S. fiat will always be the strongest currency in the world. As empirical evidence goes, however, …

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Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up

</header> <strong>Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less volatile economies. National banks globally have been consistently struggling …

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Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash

<header class=”article__header”> </header> <strong>On June 12, the cryptocurrency exchange Coinex announced the listing of a new Simple Ledger Protocol (SLP) token called honestcoin (USDH). The Honestcoin.io website details that the new token is a fully regulated stablecoin issued on the Bitcoin Cash network backed 1-to-1 for U.S. dollars.</strong> Also read: Yahoo Japan-Backed Exchange Launches Crypto-Yen …

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