‘Not a Drill’ — Business as Usual for Bitcoin as Fed Bails out US
“No circuit breaks, no bailouts” — Bitcoin functions flawlessly without intervention, despite the global market panic Go to Source Powered by WPeMatico
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Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation
Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto Go to Source Powered by WPeMatico
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal Reserve to slash rates … Read more
Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates
The Fed’s emergency interest rate cuts have spurred a flurry of lenders to seek blockchain-based loans with Morgan Creek-backed fintech Figure Technologies Go to Source Powered by WPeMatico
Bitcoin Not Affected as US Fed Prints Equivalent of 9.8M BTC in 1 Day
The Fed is piling in dollars with no intrinsic value to “help” bank liquidity in the wake of coronavirus volatility Go to Source Powered by WPeMatico
The US Dollar Could Fall Out of Favor If It Doesn’t Go Digital, ING Economist Says
Facebook’s Libra, as well as CBDCs, could lead to changes in currency usage preferences, and ING economist explained Go to Source Powered by WPeMatico
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. The announcement didn’t have a … Read more
A Sea Change to Crypto Hits America, Again
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised The Wave of a Central Bank Digital Currency Robert … Read more
Why Banks Aren’t Banking Your Crypto Startup
The compromised reputation of the crypto industry is the main obstacle for the banking sector’s integration into the space Go to Source Powered by WPeMatico
Fed Coronavirus Rate Cut May Beat Bitcoin Inflation After 2020 Halving
The Fed may bring short-term rate under 1% this year, traders are betting as coronavirus continues its spread Go to Source Powered by WPeMatico
