The Federal Reserve has announced that commercial banks no longer need to hold hard currency relative to how much they are giving out. The case for a deflationary currency has never been clearer. Demand for dollars is at record highs now. With almost all other global currencies…
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This is an idea made popular by the American economist Milton Friedman in 1969. The post Helicopter money, Quantitative Easing and cryptocurrencies: a strange relationship appeared first on The Cryptonomist.
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Clients of Silvergate, the popular San Diego-based bank known for servicing cryptocurrency firms, reported issues with certain money wires to the firm, several sources told The Block. In a message to The Block, Silvergate CEO Alan Lane said wiring issues were tied to an outage by its…
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Now the actions of central banks and the situation with the coronavirus pandemic do not contribute to a change in sentiment within the traditional market.
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Market Cap: : $175,674,012,793 •  24h Vol:  $97,298,597,068 • BTC Dominance: 64.9% Dear Reader, We are living in truly unprecedented times. The Coronavirus has continued on its exponentially destructive path. The...The post Crypto Market Roundup: Why the Market Collapsed and How to Reposition Yourself for Crypto Success Today…
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Ripple has announced a partnership with Thai financial service provider DeeMoney. The deal is geared towards bolstering Ripple’s presence across Asia. Thai-based Fintech Firm Leveraging Blockchain for Remittance According to a press release published on Wednesday (March 18, 2020), blockchain-based remittance powerhouse Ripple has signed a partnership…
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After a truly crushing start to the month, the Bitcoin price is rallying hard. The almost 20 percent 24-hour gains for the leading cryptocurrency have seen the return of bullish sentiment to the industry. Among the optimistic is Samson Mow. The CSO of Blockstream predicts that Bitcoin…
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As Bitcoin’s price stabilizes after a weekend of bloodletting, experts share three outlooks for how Bitcoin will perform in the wake of the coronavirus.
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Venezuela is under a nationwide quarantine to fight the spread of coronavirus, shutting down all banks. At the same time, Bitcoin trading on p2p exchanges is on the rise.
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With new legislation coming into force in 2021, South Korea is working to ensure that local crypto firms are compliant with FATF guidelines.
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