Poland has climbed the global rankings for Bitcoin ATMs, overtaking El Salvador to become the fifth-largest country in the world for the number of these devices. As of January 27, Poland added 10 new Bitcoin ATMs, raising its total to 219. This marks significant progress, placing it behind only the United States, Canada, Australia, and […]
Dollar Gains Ground Amid Tariff Concerns, Euro Looks Toward ECB Meeting
The US dollar gained on Monday, recovering from recent losses as attention turned back to the potential for trade tariffs under the Trump administration at the start of a week in which the Federal Reserve is set to hold its monetary policy meeting. The dollar index, which analyzes the behavior of the greenback in comparison […]
Dollar Falls on Tariff Uncertainty, Pound Remains Weak
The U.S. dollar declined on Wednesday amid uncertainty over President Trump’s tariff plans, while sterling fell on disappointing government borrowing data. The dollar index, which measures the greenback against a basket of six other currencies, was trading 0.1% lower at 107.755 after a drop of more than 1% at the start of the week. Dollar […]
Trump Signed Several Dozen Executive Orders on His First Day, But None on Cryptocurrencies
America has a new leader. Yesterday, Donald Trump was sworn in as the 47th president of the United States, becoming the first cryptocurrency-friendly president in the country’s history. During his campaign last year, Trump openly expressed his support for cryptocurrencies, making bold promises such as turning the U.S. into a global cryptocurrency hub and creating […]
How Donald Trump Will Shape Cryptocurrencies Going Forward
Donald Trump’s presidency promises to create ripples not only in U.S. politics but also within the cryptocurrency space. Betting platforms like Polymarket suggest that Trump’s actions may significantly impact the crypto world in unforeseen ways. Here’s an exploration of potential transformations. Trump’s Agenda: A Focus on Cryptocurrencies Since the start of his campaign, there has […]
Dollar retreats ahead of Trump’s inauguration; euro rebounds from record lows
Interest rates are asleep today and US dollar has made big declines in the beginning of this week as it wants to face with a giant political shift with Donald Trump back to the president. The Dollar Index — which gauges the dollar’s stregnth against a basket of six other currencies — fell by 0.3%, closing at […]
Dollar Depreciates in Light of CPI, Pound Stabilizes
The U.S. dollar declined on Wednesday amid a cautious environment ahead of the release of U.S. consumer prices, while sterling lost ground after the release of positive inflation data. The dollar index, which tracks the greenback against a basket of six currencies, was trading 0.2% lower at 108.895, off more than two-year highs set earlier […]
Top Italian Bank Buys $1 Million Worth of Bitcoin: Report
Intesa Sanpaolo, Italy’s largest bank by assets under management and market capitalization, has taken a significant step into the cryptocurrency space with its first-ever Bitcoin purchase. The bank reportedly invested €1 million (approximately $1 million) in Bitcoin, according to an internal note cited by Bloomberg and other media outlets. “As of today, January 13, 2025, […]
Dollar Falls on PPI Expectations, Pound Under Pressure
The U.S. dollar declined on Tuesday, weighed by uncertainty over President-elect Donald Trump’s monetary policy stance. However, it remained near two-year highs ahead of the release of key inflation data for the week. In early trading, the dollar index, which tracks the greenback against a basket of six other currencies, was trading about 0.4% lower […]
Shiba Inu Launches “WHY Combinator”: Boosting Web3 Innovation and BONE Functionality
Shiba Inu lead developer Shytoshi Kusama has unveiled WHY Combinator, a decentralized initiative designed to foster innovation within the memecoin ecosystem while enhancing the utility of the ecosystem’s BONE token. Shiba Inu: “WHY Combinator” to Power Memecoins In a January 11 blog update, Kusama provided details about the WHY Combinator initiative and shared updates on […]