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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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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Winklevoss twins launch a digital marketplace for art; Bakkt raises lots of money; and coronavirus prompts tax extension.
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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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Initial reports indicated that Bitcoin has been moving in lockstep with the traditional financial markets. However, BTC saw its price appreciate over 20% in the past 34 hours indicating that...The post Bitcoin May Be Decoupling From Traditional Markets appeared first on Crypto Briefing.
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Traditional finance markets and commodities continue to feel the pain as the world goes into lockdown. Cryptocurrency markets and Bitcoin have recovered a bit of lost ground recently and it appears that BTC may have just ‘reset’ its fair value. Bitcoin has recovered to reclaim $6,600 at…
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The Trump administration plans to inject $1 trillion into the US economy to battle the market downturn. Stocks rebound, but crypto remains flat.
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Crypto exchange Zebpay has confirmed to The Block that it underwent an inspection by the Indian government last year, adding that the matter is now closed. The post Indian government’s inspection into Zebpay: The exchange says the case is closed and it paid a ‘small’ penalty appeared…
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With a market headed towards extreme inflation, Bitcoin may be due for its biggest test yet, claims BitMEX research.
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