Dollar

Coinbase CEO Brian Armstrong called stablecoins one of the most useful applications of cryptocurrencies. They allow the transfer of dollar-pegged digital assets with low network fees, but their use does not always mean cheap transfers of traditional money.

On November 4, gold returned above $4000 per ounce, gaining over 2.5%, while silver rose by more than 4%. The market reacted to the weakening dollar and declining U.S. bond yields following the midterm elections. We analyze why metals recovered after a tough October and what factors influence future quotes.

Following the Bank of Japan's decision to maintain interest rates, the yen has strengthened, reaching 2% inflation. Learn more about the impact of this decision on the currency market.

Overview of the current state of the US dollar and its impact on cryptocurrencies and stock markets.

The US Dollar Index has hit an 18-month peak, while analysts are divided on future prospects. Key inflation data is expected.

On September 30, AllUnity launched USDAU, a stablecoin fully backed by the US dollar. Available on six blockchains.

Citi has expanded its blockchain services in Japan, allowing 24/7 dollar transfers. Japanese banks are developing stablecoins for active transactions by March 2027.

Mike Belshe from BitGo discusses how dollar devaluation impacts investors' opportunities.

Scott Bessent emphasized that the dollar is involved in 89.2% of currency transactions, defending the U.S. economy.

Strive bought 469 bitcoins, spending $36.6 million. The company now holds 25,000 BTC.