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The US dollar is witnessing one of its most violent value declines in decades. The American currency is experiencing stark volatility as the USD continues to battle the US debt spiral, alongside weak economic statistics. Whether it’s about Trump’s tariffs or de-dollarization, the USD has to bear the brunt of it all, tanking violently as a result. That being said, is the dollar’s future truly secure, or is it meant to go down further? How can investors protect themselves from this spiral? Here’s what Barclays has to add to this. Also Read: BRICS Just Unveiled the Plan to Replace US Dollar Worldwide Barclays Dollar Dynamics Source: iStock The US dollar is out battling aggressive market forces. The dollar has lost 40% of its purchasing power since 2000 and continues to project a wobbly stance as Fed rate cut anticipation continues to intensify. At the same time, the US dollar is now declining at a rapid pace, with elements like the US government shutdown and weak ec...

BlackRock questioned the SEC's preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and futures ETFs. BlackRock has argued that the U.S. Securities and Exchange Commission doesn't have any legitimate reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently. BlackRock’s plan for a spot-Ether (ETH) ETF called the “iShares Ethereum Trust” was officially confirmed on Nov. 9, after Nasdaq submitted the 19b-4 application form to the SEC on the firm’s behalf. In its application, BlackRock called the SEC’s treatment of spot crypto ETFs into question, as it asserted that the agency bases its reasons for continually denying these applications on incorrect regulatory distinctions between futures and spot ETFs. “Given that the Commission has approved ETFs that offer exposure to ETH futures, which themselves are priced based on the underlying spot ETH market, the Sponsor believes that the Commiss...

ETH price struggles to flip $1,700 to support, but key derivatives data show bulls making plans to break through the resistance. The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022.  Ether/USD price index, 2-day. Source: TradingView From one side, traders are relieved that Ether is trading up 35.5% year-to-date, but the repeated corrections that follow retests of the $1,680 resistance may have weakened investors ' sentiment. Negative newsflow might have limited Ether investors' appetite after troubled cryptocurrency company Digital Currency Group (DCG) faced more legal issues this week. On Jan. 23, a group of Genesis Capital creditors filed a lawsuit alleging violations of federal securities laws. In addition, the plaintiffs allege the lending firm made false and misleading statements thr...

NFT Steez chats with Cryptoys CEO Will Weinraub about the future of toys, entertainment and play in blockchain-based games. This week NFT Steez met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens (NFTs) and Web3 as a whole.  Weinraub believes that the act of play is “not restricted to children” and believes that as adults, “we still crave the element of play throughout life.” According to Weinraub, through the development of technology, “play has evolved.” NFTs, especially in gaming, have highlighted this layer of ownership through play. Weinraub and Cryptoys theorize that “adults are just looking for ways to feel like kids again.” Keeping the question of “how does play evolve” at the forefront, Weinraub says this is a core tenet of his experience with the evolution of play.  From action figures to watching his children build virtual worlds in Roblox, Weinraub emphasized how profoundly the interne...