BTC Sessions: Bitcoin’s Erratic Moves | Fed QE and Zero Rates | Hashrate Dips With Profitability
SHOW RESOURCES:
Fed cuts rates to zero, announces $700B QE
https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
What did QE look like from 08-14?
http://wp-uploads-trefis.s3.amazonaws.com/articles/wp-content/uploads/2015/11/QE.png
Fed Announces additional $500B for overnight repo markets
https://www.cnbc.com/2020/03/16/fed-says-it-will-offer-an-additional-500-billion-in-overnight-repo-funding-markets.html
Fed Press release, including zero-reserve banking
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315b.htm
Bitcoin hashrate drops with profitability, Chinese miners selling rigs to Russia/Middle East
https://decrypt.co/22538/chinese-miners-hash-halving-coronavirus
Hashrate chart
https://www.blockchain.com/en/charts/hash-rate
Bitcoin and Gold both dropping – no current flight to safety
https://decrypt.co/22540/bitcoins-not-a-safe-haven-but-neither-is-gold-right-now
3 years after fee crunch, Coinbase adds transaction batching
https://cointelegraph.com/news/coinbase-launches-btc-transaction-batching-saving-users-50-on-fees
GPU miners can volunteer computing power to help find a vaccine via Folding@Home
https://decrypt.co/22492/bitcoin-coronavirus-gpu
https://foldingathome.org/
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