Dollar


Markets

Bitcoin's Bullish Seasonality Muddled by Continued Slide in 'USD Liquidity Index'

Bitcoin has put in a positive performance in October in eight out of the past 12 years. However, the bullish seasonality may not play out this year, thanks to the declining USD liquidity.

Bitcoin's bullish seasonality might be muddled by the continued slide in the USD Liquidity Index. (Pexels/Pixabay)

Markets

‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, eToro crypto consultant, said on CoinDesk TV’s “First Mover.”

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” said Glen Goodman, a longtime trader, on CoinDesk TV’s “First Mover.” (CoinDesk TV)

Markets

Bitcoin Tops $20K as Stock Futures Rise, Dollar Rally Stalls

The top cryptocurrency by market value rose over 5% to $20,350, according to CoinDesk data. Ether, the second-largest cryptocurrency, rose 4% to $1,390.

(Francesco Carta/Getty Images)

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Videos

What’s Driving Bitcoin Below $19K?

3IQ Head of Research Mark Connors discusses the potential factors behind bitcoin’s sell-off as the cryptocurrency slips below $19,000 near 2022 lows. Plus, why dollar strength is watched closely.

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Markets

Bitcoin Hits 3-Week High on Dollar Weakness, But TradFi Firms Retain Bullish Bias on Greenback

Investment banks like UBS and ING expect the dollar to remain supported over the near term.

The dollar may soon rebound, capping gains in bitcoin. (pasja1000/Pixabay)

Opinion

A Currency Crisis Looms: We Need a New Model

Geopolitical issues and rising U.S. interest rates are boosting the dollar and threatening emerging-market currencies. It's time for change.

(Rachel Sun/CoinDesk)


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Videos

UST’s Design Flaws and Red Flags

In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.

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Videos

Terra’s UST and LUNA Collapse: How the Crisis Unfolded

TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.

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