The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”
Billionaire Druckenmiller says ledger-based system could replace USD worldwide
Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future.
Here’s why April may be the best month yet for Bitcoin price
U.S. dollar weakness is painting a bullish short term outlook for Bitcoin in April.
NASDAQ-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold
“If you have large dollar values and you’re hoping for any kind of return on them, that’s faded,” said CEO Michael Saylor. “Gold, silver, and bitcoin are showing strength.”
Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot
Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England.