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How the Fed buying junk bonds will affect Bitcoin

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…

By Cyber Flows, 5 years11/04/2020 ago

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Fed’s “infinite amount of cash” is biggest argument for Bitcoin yet

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…

By Cyber Flows, 5 years24/03/2020 ago

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