Recent reports suggest that the Trump administration has been mulling to revoke the USD-HKG peg and reduce the supply of U.S. dollar to Hong Kong after China forcefully imposed a national security law in June.
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The Italian Banking Association (ABI) voiced its desire to develop a European Central Bank-backed digital currency for Italy. This way the banks want to boost Italy’s financial and economic ecosystems.
Goldman Sachs experts said that the Norwegian krone is a well-positioned currency to use it for betting against the U.S. dollar.
Cryptocurrencies continue to correct without any significant fluctuations in either direction. A lot of assets are stuck inside their respective “Triangle” patterns, thus indicating an extremely low volatility.
When confidence in a currency is lost, investors turn to another currency or, say, gold. In the examples of countries that have been well shaken by the financial crisis, we can see how their population has turned to invest in Bitcoin.
The 3rd largest crypto coin on the market today, XRP, has been added to Bitcasino.
The article provides an explanation of how the U.S. Federal Reserve devalues dollars by printing them in huge amounts and saves corporations for the money of taxpayers.
On Thursday, March 26th, the volatility in the BTC remains high. However, today the prices for the leading cryptocurrency are declining slightly, generally trading at $6645, while yesterday’s peak was $8350.
The cryptocurrency market is actively correcting but the current movement is looking more like a rebound before a new wave to the downside. However, in the chart of several digital assets, there are patterns in favor of growth.
The latest news about world currencies including US dollar, Euro, Pound, Yuan and others.