A whale reopened a long position in ETH after losing $2 million in the market crash and has now recovered the losses.

The post Can Crypto Replace the Dollar? appeared on BitcoinEthereumNews.com. Can crypto replace the dollar?It’s a question that has moved from speculative debates in online forums to the halls of government, central banks, and global corporations. As Bitcoin, Ethereum, and stablecoins reshape how value moves across borders, the U.S. dollar — long the cornerstone of the global economy — faces its first real competitor in decades. But is a full replacement truly possible, or even desirable? Let’s explore how close crypto is to challenging the world’s most powerful currency — and what that means for the future of money. Key Highlights: The U.S. dollar remains the dominant global reserve currency, used in over 80% of international trade. Cryptocurrencies like Bitcoin and stablecoins are gaining traction as alternative stores of value. Central Bank Digital Currencies (CBDCs) may redefine what “digital money” means. Despite growth, crypto still faces volatility, scalability, and regulatory barriers. The future is likely a coexistence — not replacement — between crypto and fiat money. The Dollar’s Digital Rivalry For nearly a century, the U.S. dollar has been the backbone of the global financial system. It’s trusted, liquid, and universally accepted. From oil contracts to sovereign debt, the dollar defines the world’s monetary order. Cryptocurrency, by contrast, is barely 15 years old — yet it has already achieved something remarkable: a functioning, borderless financial system without central control. Bitcoin, with its fixed supply of 21 million coins, represents the opposite of fiat money. It’s decentralized, deflationary, and programmable, appealing to those who distrust inflation or centralized power. So, can crypto replace the dollar? The answer depends on how we define “replace.” If it means becoming the dominant medium of exchange, the road is long. But if it means becoming a global alternative store of value, that transformation is already underway. Bitcoin: The Digital Gold Standard Bitcoin’s original purpose, outlined…

Bitcoin price receives rare acknowledgement from Tether CEO Ardoino

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