The Block: ‘Digital dollar’ proposal stripped from latest Congressional coronavirus stimulus bill
Tuesday, 24 March 2020 14:12
A review of the latest version of House Democrats' coronavirus economic stimulus bill shows that language around a proposed "digital dollar" has been removed. The post ‘Digital dollar’ proposal stripped from latest Congressional coronavirus stimulus bill appeared first on The Block.
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Decrypt Media: China's digital yuan is running out of time, say insiders
Tuesday, 24 March 2020 15:34
The People’s Bank of China has finished the technical step of developing its digital currency, yet that wasn’t the hardest part.
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Blockonomi: Report: Despite Coronavirus Delay, China’s Digital Currency Is on Its Way
Tuesday, 24 March 2020 15:47
Prior to the novel coronavirus spreading through the Western world, it did its rounds in China: tens of thousands were infected, thousands died, and a whole economy — the world’s second-largest economy at that — was brought to a standstill due to the virus. Like the measures…
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CryptoTicker: Bitcoin Eyes Price Boom After Goldman Sachs’ Call to Buy Gold
Tuesday, 24 March 2020 15:48
Bitcoin investors and bulls are once again looking lively on Tuesday as after Goldman Sach's call to buy gold in the Coronavirus-induced market turbulence generated comparable possibilities for the Bitcoin and Altcoin market. A commodity researcher at Goldman Sachs Jeffrey Currie said that the Gold has reached…
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Blockonomi: Bitcoin Poised to Surge past $7,000: Bull Case Strengthens
Tuesday, 24 March 2020 15:51
Even amid continued uncertainty about the future of the economy, Bitcoin has started to gain strength, rallying as high as $6,850 on Tuesday morning, a whole 80% higher than the $3,800 bottom the cryptocurrency established at the worst of “Black Thursday.” With this latest move higher, the…
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Decrypt Media: US politician thinks two trillion-dollar coins could save economy
Sunday, 22 March 2020 14:19
US Representative Rashida Tlaib thinks that the government should mint two $1 trillion platinum coins to help the economy deal with the coronavirus crisis.
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AZ Coin News: CryptoCompare: Usage and volume figures show Bitcoin still in good shape despite last week’s Coronavirus-related drops
Sunday, 22 March 2020 08:14
According to new data from digital research firm CryptoCompare, the crypto industry may be better than we thought because investors’ interest is piqued. The platform has reported a high of roughly 11,000 trades per second and approximately six million per hour in recent days. That’s a 200%…
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BeInCrypto: Bank of America Economist: ‘There Should Be No Upper Bound for the Size of Stimulus’
Sunday, 22 March 2020 08:15
Amid the coronavirus pandemic, worldwide governments have decided that there is effectively no limit to their money printing. That was confirmed recently by a statement from Bank of America. A major recession seems certain amid the global market panic. As the coronavirus situation worsens, many major institutions…
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Crypto Briefing: Did Bitcoin Hit Bottom Last Week?
Saturday, 21 March 2020 04:16
Bitcoin decoupled with the stock market after it rallied 15% over the last 48-hours. The stock market, meanwhile, continued to take a beating. Did Bitcoin recover from a bottom? Bitcoin...The post Did Bitcoin Hit Bottom Last Week? appeared first on Crypto Briefing.
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BeInCrypto: Tether Treasury Continues Its Printing Spree, Issues $240M in Under 3 Days
Friday, 20 March 2020 22:15
Tether Treasury has minted yet another 60,000,000 USDT, which it said is for an “inventory replenish.” Tether Treasury has continued its printing spree with another fresh 60,000,000 USDT set to enter markets shortly. Tether Prints and Prints The remarkable market volatility has been met with an equally…
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