BeInCrypto: Cryptocurrency News Roundup for March 23, 2020

Crypto Briefing: Will the Fed’s Easy Money Flow to Bitcoin?

Wednesday, 25 March 2020 10:10

The Dow Jones Industrial Index (DJIA) ended Tuesday on a bright note with an 11.37% gain. US stocks saw an uptick in sentiment as the government and Treasury neared confirmation...The post Will the Fed’s Easy Money Flow to Bitcoin? appeared first on Crypto Briefing.

Published in News

BeInCrypto: Mike Novogratz Says Gold’s Rally Is Just Getting Started, Cheers Bitcoin

Wednesday, 25 March 2020 01:15

The gold price is once again approaching its local high of close to $1,700. Long-time Bitcoin advocate and Galaxy Digital CEO Mike Novogratz is expecting the rise to continue into the future. As BeInCrypto reported last week, the price of gold took a serious hit as part…

Published in News

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…

Published in News

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…

Published in News

The Cryptonomist: Roubini: there is a risk of a global depression worse than 1929

Tuesday, 24 March 2020 15:32

He calls it "Greater Depression", referring to it as a deeper and more serious scenario than the Great Depression of 1929 The post Roubini: there is a risk of a global depression worse than 1929 appeared first on The Cryptonomist.

Published in News

The Capital: Crypto Bulls & Bears

Wednesday, 25 March 2020 00:57

The Nuclear OptionWell firstly, our apologies for missing an important week last week, having to meet some other responsibilities.It had been a big week for markets all round, with the Australian SPI 200 now down almost 40% high to low and the S&P 500 around 35%.There is a sense…

Published in News

The Capital: Covid-19 and the effects of the Monetary Tsunami on Bitcoin and Gold

Wednesday, 25 March 2020 01:31

By Andrea Bianconi on The CapitalThe uncertainties surrounding the evolution of the Covid-19 pandemic and its impact on the global economy are gripping both the people and the markets with fear. A global recession is now the best case outcome also for JP Morgan while Goldman Sachs foresees…

Published in News

BeInCrypto: Coronavirus Could Delay 2019 Cryptocurrency Tax Filings and Payments

Tuesday, 24 March 2020 02:10

Cryptocurrency investors in the United States who scored wins in 2019 can delay filing and payment on their taxes for 90 days. The announcement came from the Trump administration, allowing taxpayers to delay payments up to $1 million individually. The coronavirus, which has caused mass closures, has…

Published in News

AZ Coin News: U.S. government finally seriously considering the creation of a digital dollar, that could help Bitcoin

Tuesday, 24 March 2020 06:01

According to a Bloomberg Law report released Monday, Democrats in the House of Representatives are seriously considering the creation of a system of digital wallets, in which a “digital dollar” (unfortunately not Bitcoin) would be stored. This intent was revealed in a legislative text published Monday by…

Published in News