2020-4-30 22:43 |
"It's clear that the effects on the economy are severe," said Federal Reserve Chair Jerome Powell. "We won't run out of money. It's an unlimited pot." origin »
Bitcoin price in Telegram @btc_price_every_hour
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The various government responses to the coronavirus caused a lot of havoc across the global economy and millions of people are now out of work. A number of nation states have not lifted the lockdowns and no one’s really sure when the slew of shutdown industries will open again.
2020-4-20 01:50 | |
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Flooding the country with fiat at a time when the Coronavirus-stricken economy has wreaked havoc might not be the best option. Last week, the Federal Reserve announced several new lending programs thaThe post Can Bitcoin be base money for tomorrow as Gold was for yesterday? appeared first on AMBCrypto.
2020-4-13 14:00 | |
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We are currently in unchartered territory as the world financial system slowly comes to a halt due to COVID-19. Central banks have unveiled bailouts worth trillions of dollars to soften the brutal blow of the coronavirus on the economy.
2020-4-9 15:39 | |
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Just about every market on the planet has taken a beating as the coronavirus continues to cause unprecedented disruptions to the global economy. As traders struggle to seek out the most profitable harbor for their money amidst the carnage, volatility abounds.
2020-3-29 10:15 | |
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As the world struggles to contain the outbreak of the deadly Coronavirus, the world economy has taken a huge hit. Numerous governments have put their countries on lockdown to prevent further spread of the disease within the borders.
2020-3-25 22:28 | |
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BoE's governor Andrew Bailey, who claimed that Bitcoin (BTC) had no intrinsic value, to unleash 'unlimited' money printing
2020-3-18 18:36 | |
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President Trump has always been a ‘go big or go home’ type of guy, and now one might say he’s putting his money where his mouth is. The U.S. government has set its sights on lining your pockets with cash as part of a whopping $850 billion stimulus deal in its latest attempt to combat […] The post US Govt Pushes Plan to Send Americans Checks amid Faltering Economy appeared first on BeInCrypto.
2020-3-18 00:15 | |
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“Uncorrelated” Bitcoin has proven its credentials in the wake of fiat economy panic, supporters say
2020-3-10 11:23 | |
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After going to $9,200 before the weekend, today bitcoin price crashed down to $8,170. Industry commentators say the market is looking bad as the “global economy is having a bigger impact at this point than the halving.
2020-3-9 04:21 | |
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If central banks flood the global economy with cheap money in response to the coronavirus outbreak, that is likely to help assets like bitcoin, says Kevin Kelly.
2020-3-4 13:00 | |
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The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets hard all around the world.
2020-2-28 06:25 | |
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There is currently the global threat of a major economic recession looming with central banks doing all they can to prop up spending thanks to money printing and potential negative interest rates.
2020-2-8 14:15 | |
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Economic money policies across the globe have been thrown into the spotlight of late with some major central banks, like the US Federal Reserve and the European Central bank, adopting policies to try and prop up a flagging economy, but Bitcoin could serve as yet another alternative.
2020-2-7 02:37 | |
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While economies all over the world are functioning at a slower pace, central banks are trying to prevent a collapse by flooding more money into their markets, with China injecting the entire Bitcoin (BTC) market cap into the system.
2020-2-3 19:36 | |
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There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, central banks are flooding their markets with more money, and China has just injected the entire bitcoin market cap into its system.
2020-2-3 13:00 | |
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The US economy has seen a vast inflow of liquidity in the past decade, but none of that money has made its way into the real economy. Will it find its way to Bitcoin instead? Growing Liquidity Brings Optimism for 2020 Asset Performance The increased liquidity, however, may have helped to boost Bitcoin (BTC) to its current valuations.
2020-1-15 18:00 | |
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Bitcoin’s $132 billion market cap might be a far cry from its 2017 all-time high, but it doesn’t mean it’s not playing in the big leagues. According to data from the CIA, Bitcoin’s current market cap makes it the 34th largest economy in terms of M1 money supply, just below the United Arab Emirates (UAE) […] The post Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply appeared first on CryptoSlate.
2020-1-1 00:33 | |
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Since mid-September, the Federal Reserve has injected three trillion U. S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame the turbulent economy.
2019-12-5 01:30 | |
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Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party custodial services.
2019-11-30 20:15 | |
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Our civilization is now on the threshold of the fourth industrial revolution, which will be characterized by a combination of technologies that erases the boundaries between the physical, digital and biological spheres.
2019-11-29 12:14 | |
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Nouriel Roubini foresees a global financial crisis. Different policies implemented to prevent a financial downturn will not help. Central banks around the world must stop printing money. Dr. Nouriel Roubini, a professor at New York University’s Stern School of Business, estimates that a new recession could hit the global economy very soon.
2019-11-9 18:06 | |
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After months of trading tensions with the United States, China has perceived that it's economy is no longer growing as much as it once was before. Now, in a swift move, the People’s Bank of China has decided to inject around $28 billion USD into the economy to boost it. The money was pumped into […]
2019-10-17 01:23 | |
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This year the UN faces a funding crisis as the post-Bretton Woods governance system reaches its limits in the digital globalized economy, leaving a gap on the direction of globalization. Digital currencies are the globalization of money and corporations are starting to put their weight behind blockchain consortia.
2019-10-16 12:00 | |
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America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash to prevent a fall in interest rates as the economy flounders following months of trading tensions.
2019-10-16 10:30 | |
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Millennials have been accused of killing a lot of industries (cereal, beer, housing, mayonnaise, napkins, and politics). But this might be the stupidest theory of them all. According to one investment bank, millennials are killing the entire economy.
2019-10-7 18:30 | |
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Joe Rogan briefly touched on cryptocurrency and the potential of Google’s so-called “quantum supremacy” in a recent podcast with comedian Roseanne Barr. She prompted the brief discussion of crypto when she predicted the future economy will be cashless: “There’s not going to be any more money.
2019-10-4 09:55 | |
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Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit.
2019-10-3 17:55 | |
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Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days.
2019-10-1 23:30 | |
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In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession.
2019-9-16 01:30 | |
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The consequences of the financial crisis were fixed by printing a large amount of unsecured money. A huge money supply has joined the global economy and for a short time saved world finances from a collapse.
2019-9-6 16:47 | |
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For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to […] The post Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential appeared first on Bitcoin News.
2019-9-6 03:30 | |
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Apparently, market failures can happen outside of cryptocurrency. The Team Fortress 2 community is in a state of pandemonium after a glitch in a midnight update flooded the virtual economy with the rarest items.
2019-7-27 23:55 | |
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The Palestinian Authority believes issuing a sovereign cryptocurrency token will reduce Palestine’s reliance on the Israeli shekel. Palestinian Authority: First Money, then Power Palestinian Prime Minister Mohammad Shtayyeh recently announced that his government will use cryptocurrency to bypass sanctions levied by Israel.
2019-7-23 06:58 | |
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When the cat is away, the mice come out to play. As the global economy is muddled with concerns surrounding trade wars, interest rate movements, and global governance dilemmas, the cryptocurrency world is enjoying a parabolic move.
2019-7-9 11:00 | |
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Bitcoin has since inception, had the potential to revolutionize money and the world economy. But haven’t we seen all this before? A new article suggests that Benjamin Franklin was doing the equivalent over 250 years ago.
2019-7-9 23:30 | |
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The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
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Japan is tightening their anti-money laundering efforts to go after Bitcoin exchanges. Russian and Dutch governments are also becoming restrictive in their cryptocurrency regulations, particularly involving money laundering efforts.
2019-5-23 17:06 | |
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The use of cryptocurrencies for mainstream, practical purposes has always been the aim of a lot of the proponents in the digital assets space. In a recent podcast with Peter McCormack, the panelists discussed the use of Bitcoin [BTC], the world’s largest cryptocurrency, in the flailing economy of Venezuela.
2019-5-22 20:30 | |
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By CCN: Bitcoin bull Max Keiser has hinted that as Turkey’s economy worsens, Turks could turn to Bitcoin as a hedge. In a tweet, Keiser said that Bitcoin ‘will become a factor for Turks as hard money becomes hard to come by’.
2019-5-22 15:01 | |
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GoldeNugget is an existing reality, with over 3,000,000. 00 Euro’s already invested in West Africa for earth moving machines for the gold industry. Where you can really feel the dust, the noise, and the smell of business.
2019-5-22 12:12 | |
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To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance.
2019-5-21 21:10 | |
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An exciting trend is emerging in the US workforce: over half a million workers are using apprenticeships to acquire valuable experience and a pathway to a steady job. They’re earning money while learning critical, in-demand skills.
2019-5-19 19:00 | |
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When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t matter and the money printing can just […] The post After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter appeared first on Bitcoin News.
2019-5-19 11:15 | |
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The city council of Belfast, Northern Ireland, has announced it is introducing a Bitcoin-like cryptocurrency for local goods and services. The technology is currently being trialled, during which the council hope to attract “an ecosystem of stakeholders.
2019-5-15 15:00 | |
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Jill Carlson, the Co-founder of Open Money Initiative, spoke about the economic crisis in Venezuela and the role of cryptocurrencies in the country at the Magical Crypto Friends Conference 2019. Carlson’s presentation on ‘Designing for Extremes: Money Hacking in Venezuela’ provided an insight into the factors behind the country’s closed economy and its crumbling monetary […] The post Bitcoin [BTC] and Venezuela: An experiment on trust and technology? appeared first on AMBCrypto.
2019-5-13 16:30 | |
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Organized crime in the real estate market This is “malignant cancer on our economy and our society”, Attorney General Bitcoin has been bashed by government officials and big names on the grounds that it is used for money laundering and as a result, should be banned.
2019-5-12 19:03 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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While the Crypto Winter may be lingering with us into the spring, crypto exchanges are doing just fine. According to CoinMarketCap, there are now 255 major crypto exchanges.
2019-5-4 22:14 | |
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We’re a month and some change away from Bitcoin 2019: a conference made by Bitcoiners, for Bitcoiners. The conference will rekindle the same spirit of a similar Bitcoin conference that ended five years ago.
2019-5-3 15:10 | |
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In his annual letter to shareholders, released today, JPMorgan Chase CEO Jamie Dimon expressed some concerns about the potential economic repercussions of President Donald Trump’s recent tariff implementations.
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.
A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts.
The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.
According to local media, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships.
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.