Buck Bully
[AMBCrypto, Unsplash] In the past few months as Bitcoin remained stable around the $9,000 mark, a few altcoins rose to the spotlight. While it still cannot be said that ‘altseason’ has arrived, that does not mean that we haven’t had individual altcoin rallies and individual altcoin busts. EOS: Source: EOSUSD via Trading View EOS, […]
[Forbes, Getty Images] On June 30th, 2020, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency – the DCEP, which will be included in popular applications like WeChat and […]
[CNN] Masks were the first to go. Then toilet paper flew off shelves. And while Americans are being nickel-and-dimed with coronavirus-related costs in a shaky economy, the latest national shortage includes, well, nickels and dimes. There’s a coin shortage in the US. “What’s happened is that, with the partial closure of the economy, the […]
[Forbes. Getty Images] I have come to the conclusion that bitcoin is going to $1,000,000. This number, which you will see tossed out into the crypto narrative, comes from the idea that there are 100 million subunits of bitcoin and if each was worth the quantum unit of 1 U.S. […]
[Bloomberg, Getty Images] The argument that there is no alternative to the U.S. currency makes little sense. Scorn has long been heaped on those daring to question the supremacy of the U.S. dollar as the world’s dominant reserve currency. I certainly received more than my fair share in reaction to a […]
[BBC] Hundreds of people have taken to the streets in cities across Lebanon amid escalating protests as the country faces a collapse in its currency. Anger has surged as the Lebanese pound tumbled to record lows, having lost 70% of its value since October when protests began. The prime minister […]
[Bloomberg, Getty Images] The world is having serious doubts about the once widely accepted presumption of American exceptionalism. The era of the U.S. dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end. Then French Finance Minister Valery Giscard d’Estaing coined that phrase in the 1960s largely […]
[CNBC, GETTY IMAGES] The U.S. dollar was rose on Friday and was set for a small weekly gain as the threat of a second wave of coronavirus infections rattled investors as did a slew of bleak U.S. economic data. Safe-haven assets including the U.S. dollar index were bid on Friday […]