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Blockchain technology is fortifying the strength of the US dollar rather than weakening it, according to the digital asset investment firm Pantera Capital. In a new analysis, Jeff Lewis, Pantera’s hedge funds product manager, and Erik Lowe, the firm’s head of content, write that blockchain tech will reverse a decades-long trend of international de-dollarization. “Far […]
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MARA Holdings says there will soon be a heated race among nations to gather Bitcoin, and the US needs to step up its game.
Crypto miner MARA Holdings has urged the United States to act more aggressively to “secure dominant positions in Bitcoin and Bitcoin mining,” claiming it’s a matter of national security.
“The United States faces an urgent need to secure its economic and national security interests,” MARA wrote in a Nov. 26 X post.
The miner added that the US needs to take the lead in holding Bitcoin (BTC) just like it has with gold, particularly with the rising trend of de-dollarization — countries shedding reliance on the US dollar.
Russia and China’s desire to ditch the dollar is fueling the price of gold, according to the Bank of France. In a new report, the central bank notes the price of the precious metal has risen to new all-time highs despite global outflows in gold exchange-traded funds (ETFs) and risk aversion on the financial markets amid […]
The post BRICS Countries Russia and China Driving Gold Price to Historic Highs Amid Push To Ditch Dollar: Bank of France appeared first on The Daily Hodl.