While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk. In a statement to the…
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With the number of patients suffering from Coronavirus growing at breakneck speed, the future of Bitcoin is also uncertain. While markets continue to rise and central banks are working to coordinate to reduce monetary conditions, cryptocurrencies cannot act as a hedge against this chaos. Even so, Tim…
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The Federal Reserve announced today an emergency rate cut in preparation for the mounting economic threat of the coronavirus. The cut brings the interest rate down by 125 bps to a target range of  0% to 0.25% and goes into effect on Monday.  “The Federal Reserve is carefully…
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The Fed cut its prime rate to .25, sparking more FUD in cryptoland. Here's what influencers and analysts are saying.
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The Federal Reserve has cut its benchmark interest rate to zero in a bid to revive the American economy amidst growing Coronavirus fears. Meanwhile, Bitcoin is trading in lockstep with...The post Federal Reserve Cuts Rates to 0% as Bitcoin Follows Stocks appeared first on Crypto Briefing.
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The Reserve Bank of Zimbabwe, the country's central bank, is set to regulate cryptocurrencies after banning local banks from processing crypto payments in 2018. The post Zimbabwe’s central bank takes a u-turn, to regulate crypto now appeared first on The Block.
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Asian markets have fallen on the Fed rate cut. If the US markets follow, it could spell further losses for the price of Bitcoin.
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U.S. and European equities took a beating during Monday's opening trade as investors shrug off an announcement by the Federal Reserve. The post S&P 500 hits circuit breaker as Wall Street shrugs off Fed’s actions appeared first on The Block.
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Federal Reserve Chairman Jerome Powell announced Sunday that the agency would take drastic measures to help collapsing financial markets. [CNBC] The announcement included dropping the Fed funds rate to 0%-0.25% and $700 billion in quantitative easing.  The announcement was not a surprise, given the dramatic losses in…
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By Rubika Ventures on The CapitalToday we have brought this article to summarize all the positive and negative news of the last collapse of the financial markets. We are speaking in general terms because many investors saw their equity decrease more than 50% negative both on the traditional…
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