The Daily Hodl: Boost for Bitcoin (BTC)? US Lawmakers Considering Digital Dollar to Stimulate Economy

CryptoSlate: These 2 key on-chain factors suggest Ethereum’s recovery is well on its way

Tuesday, 24 March 2020 10:00

Even after the crypto market’s hefty recovery over the past week, Ethereum remains far below the values it was trading at just a month earlier. In fact, ETH trades at $134 as of the time of this article’s writing — 55 percent below the 2020 highs it…

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Coingape: US Banks Paying The FED as Bitcoin [BTC] Adds 16%

Tuesday, 24 March 2020 10:15

The US Federal Reserve announced a raft of new initiatives to prop the enfeebled and a dysfunctional Treasuries, mortgage, and corporate credit markets on Monday.

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CryptoSlate: A prominent trader makes the case for $8.5k Bitcoin before making new lows

Tuesday, 24 March 2020 13:00

A prominent trader known as PentarhUdi accurately called the drop from $10,000 to sub-$6,000 and has called many full Bitcoin market cycles in the past several years, believes BTC is headed to up to $8,500. When the Bitcoin price initially hit $5,200, the trader said that the…

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The Daily Hodl: Trillion-Dollar Bailouts Are Not Bitcoin’s Next Big Catalyst – Here’s What Is, According to eToro CEO Yoni Assia

Tuesday, 24 March 2020 13:00

The United States government is looking to inject $1.8 trillion into the economy via a coronavirus stimulus package that would bail out companies deemed essential to national security. While many hardcore crypto supporters believe that massive rescue packages will undermine faith in the financial system and ultimately…

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CoinSpice: Fed Starts Unlimited Quantitative Easing; Stimulus Bill Draft’s Digital Dollar; COVID-19 Crypto ETF

Tuesday, 24 March 2020 13:11

TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Federal Reserve announces unlimited quantitative easing. Stimulus bill draft introduces digital dollar. HashCash launches coronavirus reverse ETF. Twitter lifts Messari’s shadowban. Top Korean exchanges lose revenue, and Steem fork Hive receives cease and desist letter…

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The Cryptonomist: China is getting ready to launch its digital currency

Tuesday, 24 March 2020 14:29

The basic functions of China's digital currency may have been completed, and it could be launched as soon as it is placed within an appropriate regulatory framework The post China is getting ready to launch its digital currency appeared first on The Cryptonomist.

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CryptoSlate: The Fed just gave crypto a critical lifeline by doing this, and Bitcoin is strongly reacting

Tuesday, 24 March 2020 15:00

The Federal Reserve is taking a stronger approach than it did during the 2008 financial crisis to slow down the downtrend of the U.S. economy. The crypto market has been rallying in tandem with U.S. stock market futures, reducing fear in the market for the first time…

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BitcoinExchangeGuide: Ultra Bullish on Gold and Crypto After USD Liquidity Squeeze: Popular Trader

Tuesday, 24 March 2020 15:01

After yesterday’s jump above $6,600, today Bitcoin surged yet again to almost $6,900. From yesterday’s lowest level of about $5,700, the world’s leading cryptocurrency has jumped 20.4%. Not just bitcoin but global markets also rose on the optimism of a strong US response. European stocks rose broadly…

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ZyCrypto: What Will Send Bitcoin to a New All-Time High in 2020? – Hint: It’s Not Halving

Tuesday, 24 March 2020 16:52

Multiple governments have recently adopted various measures to contain the effects of the Covid-19 pandemic from quarantines, lockdowns, mass testing and travel bans among others. All these actions are critical to stopping or slowing the spread of the disease within national borders. However, the need for and…

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