Bitcoin balks as the Fed talks, DeFi surge continues: weekly recap
This week the Fed signaled that further monetary expansion is planned, meanwhile interest in Bitcoin and DeFi continues to skyrocket. Go to Source Powered by WPeMatico
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Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger
A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Go to Source Powered by WPeMatico
Bitcoin price hits $11.6K as Fed says it will let inflation pass 2%
Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision. Go to Source Powered by WPeMatico
Tyler Winklevoss says US Fed is the ‘biggest booster’ of Bitcoin price
The upcoming Fed speech, which many suggest will focus on raising inflation, is only good news for BTC/USD, Winklevoss argues. Go to Source Powered by WPeMatico
US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed has been “collaborating with researchers at the Massachusetts Institute of Technology (MIT)” toward building a … Read more
Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs. Go to Source Powered by WPeMatico
Minneapolis Fed’s Kashkari Calls for Stricter Lockdown
The president of the Minneapolis Federal Reserve calls for stricter lockdowns to help save the economy. Go to Source Powered by WPeMatico
3 Ways US Fed Printing Is Fueling Huge Gold, Silver and Bitcoin Rally
Federal Reserve monetary policy appears to be a primary catalyst for the current rally in gold, silver and Bitcoin. Go to Source Powered by WPeMatico
BlockTower’s CIO Predicts Hyperinflation Could Send Bitcoin Parabolic
Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies. Go to Source Powered by WPeMatico
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end of the year. Meanwhile, bank indexes show that financial institutions … Read more
