2020-3-24 16:40 |
The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis. origin »
Bitcoin price in Telegram @btc_price_every_hour
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The failed coronavirus stimulus package is the fault of power-hungry Democrats who backed Nancy Pelosi's efforts to blow up a bipartisan bill The post Nancy Pelosi’s Utterly Shameless Coronavirus Stimulus Showdown appeared first on CCN.com
2020-3-23 16:13 | |
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The Dow Jones could be set for another week of under-performance as the massive coronavirus relief package faces an immediate roadblock. The post Dow Jones Set for a Disastrous Week as Coronavirus Relief Package Hits Roadblock appeared first on CCN.com
2020-3-23 23:30 | |
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Coinspeaker Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion InjectionBitcoin price recovery from last week's catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package.
2020-3-18 19:00 | |
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Analysts remain highly cautious about the start of North American trading Monday despite Washington's $50 billion relief package to fight coronavirus. The post U.S. Stock Market Is Recovering, But Wait Until Official Quarantines Start appeared first on CCN.com
2020-3-16 00:18 | |
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After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month.
Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted.
Quantitative easing is a monetary policy tool where a central bank purchases financial assets to increase the money supply and stimulate economic activity.
Central banks have used established targets to keep inflation on track. This could be bad for fiat currencies but good for crypto. The post How Ending 2% Inflation Targets Could Positively Impact Crypto appeared first on BeInCrypto.
The Bank of England is the first to pivot back to quantitative easing, claiming to restore market functioning and reduce risks of contagion.
Through increasingly unscrupulous monetary policy, U.S. government officials mask the costs of war from the American public. Bitcoin could fix this.
Rising jobless claims in the U.S. sparked sell-offs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.