美元
Terra's UST Stablecoin Falls as Low as 65 Cents Before Rebounding: What Went Wrong?
"Crypto Critics' Corner" Co-host Bennett Tomlin explains what might have gone wrong in the Terra Luna ecosystem leading to the TerraUSD (UST) stablecoin collapse. Tomlin explains the algorithmic stablecoin's dependence on the luna token and addresses the Luna Foundation Guard’s deployment of bitcoin reserves to rectify the price. Plus, a discussion on how centralized crypto exchanges like Binance are reacting to UST losing its peg to the U.S. dollar.
Terra’s UST Loses Dollar Peg; Philippines Expects Marcos Jr Win
UST loses dollar peg as Terra market cap plunges. Coinhako receives full license to provide Digital Payment Token services in Singapore. Marcos Jr. poised to become next Philippine president; Blockchain industry players react. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
How Low Could BTC & ETH Go?
As the crypto markets continue to slide, Valkyrie Co-founder & CIO Steven McClurg discusses the potential bottoms for BTC and ETH, citing the impact of the Fed’s half-point interest rate hike. Plus, reactions to UST stablecoin briefly losing its peg to the U.S. dollar and Valkyrie’s Bitcoin Futures ETF securing SEC approval.
Panama Passes Law to Exempt Digital Assets From Capital Gains Tax
Panama’s legislature passed a bill to exempt digital assets from capital gains taxes by a 40-0 vote, although it still needs to be signed by President Laurentino Cortizo to become law. “The Hash” group discusses Panama’s dependence on the U.S. Dollar, as other countries such as El Salvador and the Central African Republic utilize crypto to break away from these ties.
A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales
Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominance in the global market.
Can Bitcoin’s Price Reach $1M?
Lark Davis, crypto analyst and author of Wealth Mastery Investor Report, joins “All About Bitcoin” to explain why bitcoin will eventually be worth $1 million. Plus, a conversation about Russia’s taxation on exchanging rubles for dollars or euros and the limited supply of bitcoin.
Dragonfly Capital Exec.: Crypto Flourishes ‘When the Banks Aren’t Working’
Haseeb Qureshi, a managing partner at Dragonfly Capital, joins “All About Bitcoin” to discuss macro factors moving the crypto markets, highlighting the impact from both the Russia-Ukraine conflict and the COVID-19 pandemic.
Bitcoin as Digital Gold?
This Sunday, Aug. 15, will be the 50th anniversary of the end of the Bretton Woods currency system, when then-President Richard Nixon ended the dollar’s convertibility to gold. Half a century later, the emergence of cryptocurrencies begs the question: what is the dollar worth?
