Ledger matched a record sales day when the Fed cut rates and announced a quantitative easing program. Since the announcement, the cryptocurrency market has gone up. The Bitcoin block reward halving may be driving more consumer and institutional interest into the crypto market. On March 15, the decision by the Read more…
In brief: In a tweet earlier this week, Tyler Winklevoss believes that the Federal Reserve’s recent actions have set the stage for the rise of Bitcoin (BTC). Additionally, he cautioned that the COVID10 pandemic will increase surveillance by governments attempting to track the spread of the virus. He also pointed Read more…
The Fed is planning to buy “junk” bonds to combat a coronavirus-led economic downfall. But experts have mixed feelings about it. In brief: The US Fed is extending fiscal aid, promising to buy up “junk” bonds. Experts believe further aggressive stimulus will bolster Bitcoin’s utility. But they are worried that Read more…
The United States Federal Reserve has suggested it could print unlimited money. Here’s what that means for Bitcoin. President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said that the Federal Reserve has an “infinite amount of cash”—in response to worries over the stock market collapse. Speaking on 60 Read more…