Asset manager Fidelity Investments has filed with the U.S. Securities and Exchange Commission for regulatory approval to launch a blockchain-based, tokenized share class of its U.S. dollar money market fund. Fidelity Investments has submitted a proposal to create a blockchain-based version of its U.S. dollar money market fund. The proposal, filed with the SEC, aims … Read more
Introduction The recent sharp decline in the U.S. Dollar Index (DXY), marking its fourth largest weekly drop in over a decade, has drawn significant attention from investors worldwide. Historically, steep declines in the DXY have often coincided with key turning points in Bitcoin (BTC) price action, leading many to speculate whether Bitcoin is nearing a … Read more
A closely followed economist believes that strong rallies are ahead for Bitcoin (BTC) and crypto as he thinks conditions are ripe for policymakers to turn the money printers back on. Citing data from the Atlanta Federal Reserve, Henrik Zeberg tells his 175,200 followers on the social media platform X that the US GDP is projected … Read more