Dollar News

A dollar is the national monetary unit of the USA, along with some other countries, and the most common types of dollar are the US dollar, the Canadian dollar, the Australian dollar, etc. Most affairs are made with the use of USD and, besides that, after World War II, the US dollar has become the world’s primary reserve currency or worldwide currency. In 1971, the cancellation of the direct convertibility of the United States Dollar to gold was ordered by President Richard Nixon. In some countries the dollar has the status of being the de facto currency which allows using it instead of the official one. The right of issuing the US dollars belongs to the Federal Reserve System and all dollar bills that have been issued since 1861 are still legal.

Altcoin Watch
ADA price has been struggling against the U.S. dollar in October.
Cardano price paints 'death cross' with ADA at two-month lows vs. Bitcoin
Yashu Gola
Market Analysis
The U.S. dollar index reached its lowest levels in three weeks on Oct. 19, triggering a rising wedge pattern.
All-time highs next? Bitcoin holds $62K as the dollar index tumbles to 3-week lows
Yashu Gola
Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades.
Russia aims to replace US dollar reserves with digital assets in long term
Helen Partz
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
Too early to talk about using crypto for oil trading, says Putin
Helen Partz
Market Analysis
Rising jobless claims in the U.S. sparked sell-offs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
Bitcoin price eyes $50K as the US dollar retreats after hitting its one-year high
Yashu Gola
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans.
Fed still undecided about digital dollar, says Chair Jerome Powell
Osato Avan-Nomayo
Markets News
Bitcoin has been leaving Coinbase’s wallets in 2021, while BTC exchange reserves on Binance tell a different story.
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Yashu Gola
Market Analysis
Rushing to the so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve could taper its $120-billion-a-month asset-purchasing progr...
Bitcoin jumps to $49K amid fears of 5%-plus inflation is here to stay
Yashu Gola

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