Stablecoin rails slow 19%, but dollar tokens quietly keep compounding
Stablecoin transfer volume fell 19.18% to $831B in 30 days, yet market cap and holders rose as USDT, USDC, and…
Tag: Dollar
The uncomfortable truth behind Rivian’s ‘billion dollar’ e-bike brand
A billion-dollar valuation is a headline that’s hard to ignore. And when it’s attached to a new e-bike brand spun…
Dollar Drops on Hopes for US-Iran Diplomacy
The dollar index (DXY00) on Friday fell by -0.24%. The dollar gave up an early advance and turned lower on…
Gold and silver slipping as oil prices and dollar gain strength
Gold (GC=F) June futures opened at $4,715.60 per troy ounce on Friday, down 0.2% from Thursday’s closing price of $4,724,…
Bessent defends U.S. dollar swap lines as Iran war harms global finances
Secretary of Treasury Scott Bessent testifies during a during a Senate Appropriations Subcommittee on Financial Services and General Government hearing…
BTC price, U.S. dollar move in near-perfect opposition. It hasn’t been this extreme in almost 4 years.
For bitcoin BTC$78,138.54 traders, the direction of the Dollar Index (DXY), a measure of the greenback’s strength against a basket…
Dollar Recovers on Rising Tensions Over the Strait of Hormuz
The dollar index (DXY00) on Wednesday rose to a 1-week high and finished up by +0.20%. The dollar found support…
China Exporters Beset by Yuan Surge Look to Sell Dollar Rallies
Gloria Yu’s company exports bicycles and related accessories to as far as Europe and Africa. Having suffered “heavy losses” on…
Dollar Climbs as US-Iran War Tensions Rise
The dollar index (DXY00) today is up by +0.08%. The dollar is climbing today on ramped-up tensions in the Middle…
Dollar Will Continue to Fall in Next Few Months, Barclays Says
Mitul Kotecha, head of foreign exchange and macro strategy Asia at Barclays, discusses the outlook for the dollar. “If our…