Bitcoin's price 'unlikely' to rise following 2nd stimulus payments

2020-6-25 23:00

On 22 June, the President of the United States, Donald J. Trump, hinted that the second round of stimulus payments could be on its way as the U.S economy continues to recover from the pandemic-inducedThe post Bitcoin's price 'unlikely' to rise following 2nd stimulus payments appeared first on AMBCrypto. origin »

Bitcoin (BTC) на Currencies.ru

$ 89245.42 (-1.97%)

Объем 24H $61.017b

Изменеия 24h: -4.06 %, 7d: -2.18 %

Cегодня L: $89245.42 - H: $92664.54

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stimulus payments rise price unlikely bitcoin following

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Источник: ambcrypto.com

stimulus payments → Результатов: 15

China: CBDC Issuance Could Be Fast-Tracked for COVID-19 Stimulus Payments

China’s planned digital currency electronic payment (DCEP) project may be accelerated to have the central bank digital currency (CBDC) available for COVID-19 stimulus package payments. The news is the latest in a string of government-led actions aimed at advancing the adoption of blockchain technology in the country.

2020-5-27 23:00
digital payments china stimulus currency covid-19 cbdc

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Winners and Losers in the US’ $1,200 Check Blitz

Wealth and age determine when and how 250 million Americans get their stimulus payments, says our columnist J.P. Koning.

2020-5-19 16:33
get americans million 250 stimulus payments koning

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New $3 Trillion Coronavirus Relief Bill: Second Stimulus Checks Could Be Coming to Americans

Americans could be getting their second stimulus checks as a new coronavirus relief bill has been introduced. It includes more direct payments of up to $6,000 per household. The new bill is expected to cost more than $3 trillion, making it the biggest emergency relief package in U.

2020-5-14 23:15
new bill relief americans could coronavirus second

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Fresh Bitcoin Buying Likely Amid Reports of Another Round of COVID-19 Stimulus Checks

Cryptocurrency exchanges like Coinbase could see a fresh round of Bitcoin buying as US officials ponder another distribution of stimulus checks to those affected by the ongoing COVID-19 pandemic. In the wake of the first payments sent to Americans, some platforms reported a surge in equivalent BTC purchases.

2020-5-1 21:10	Coronavirus
fresh stimulus checks covid-19 round buying bitcoin

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No, Americans Are Not Buying Crypto With Stimulus Checks

Last week, Coinbase CEO, Brian Armstrong implied that Americans were using their stimulus checks to buy crypto. His reasoning centered around a spike in deposits of exactly $1,200, at around the time of first-wave stimulus payments.

2020-4-21 01:24
stimulus around checks crypto americans deposits spike

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Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments

For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days.

2020-4-21 00:30
system banking antiquated continue very cracks these

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New Massive COVID-19 Stimulus Payments Proposed by US Representatives

As the COVID-19 crisis has developed in the United States, lawmakers have sought to mitigate the suffering of consumers through stimulus packages. The bipartisan CARES Act passed recently revolves around a plan of sending funds to taxpayers to help stave off financial ruin.

2020-4-20 12:14	The United States (USA)
covid-19 stimulus act passed bipartisan through packages

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Banks May Be Taking Stimulus Checks from Indebted Americans [Opinion]

Banks are not prevented from taking the money being direct-deposited into checking accounts if the recipient has significant debts. Since last week, Americans have been reporting that their CARES Act payments from Congress are finally appearing in their bank accounts.

2020-4-16 12:15
americans accounts banks taking reporting week act

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Andrew Yang Says Current Stimulus Payments to Americans Aren’t Enough

Andrew Yang, ex-presidential contender and friend of crypto, says today's stimulus won't get Americans through the crisis. (Also, he might run for NYC mayor.)

2020-4-16 21:24
americans andrew stimulus yang says crisis get

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Square Enables Deposit of COVID-19 Stimulus Payment via Bitcoin-Friendly Cash App

Square, a mobile payments platform, recently announced the addition of a new feature that would enable users to deposit their COVID-19 stimulus payment to its bitcoin-friendly Cash App. Square’s Cash App Now Allows COVID-19 Stimulus Package Deposits According to a blog post, Square’s Cash App announced that users eligible for the coronavirus stimulus provided byRead MoreRead More.

2020-4-14 19:00	United States
square stimulus app cash covid-19 announced users

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Square to Allow Users to Deposit Coronavirus Stimulus Relief Payment Directly to Cash App

The Internal Revenue Service and the Treasury Department launched a new web tool on Friday that will allow those Americans who don't file a tax return or had too little income to file to register for stimulus payments.

2020-4-13 16:18
stimulus allow don friday americans tax those

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$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American

On Wednesday, U. S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a. m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less.

2020-3-26 21:30	Wall Street
american 200 trillion politicians upwards package cost

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Digital Dollar Wallets Considered for Coronavirus Crisis Payments

As part of a plan to aid the unbanked in the US, politicians are considering the use of crypto dollars and digital wallets to speed the disbursement of direct emergency funds. The move comes as massive monetary stimulus packages are proposed to save the sinking economy.

2020-3-25 18:16
digital wallets funds move comes emergency direct

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COVID-19: Congress Proposing Digital Dollar as Part of Stimulus Package

The Democratic Party-controlled U. S. House of Representatives has introduced draft legislation that includes the creation of a digital dollar to be used for stimulus payments to Americans due to the COVID-19 pandemic.

2020-3-24 14:00
covid-19 stimulus digital dollar pandemic creation includes

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The US Should Use Stablecoins for Emergency Coronavirus Payments

Paying out the stimulus using stablecoins would be cleaner and cheaper than sending checks in the mail, says the CEO Of Binance.US.

2020-3-22 16:49	Coronavirus
stablecoins sending cheaper checks mail binance ceo

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Bitcoin: Will $1.12B whale sell-off fuel BTC's slide toward $88K?

Key Takeaways What’s driving Bitcoin’s continued decline below $100k? Aggressive selling by whales, miners, and institutions has intensified downward pressure on BTC’s price. What technical iThe post Bitcoin: Will $1.

What does the Bitcoin Dominance say about altcoin season odds?

Key Takeaways What clues does the Bitcoin Dominance give to investors? It signaled BTC has been weaker than the altcoin market over the past two weeks, but the longer-term outlook confirmed we are aThe post What does the Bitcoin Dominance say about altcoin season odds? appeared first on AMBCrypto.

Bitcoin and the crypto market may have bottomed, says Fidelity exec

Key Takeaways What informed Fidelity’s crypto market floor call? Fidelity’s Chris Kuiper said STH capitulation and weak sentiment levels mirrored past local bottoms. What’s holding backThe post Bitcoin and the crypto market may have bottomed, says Fidelity exec appeared first on AMBCrypto.

Bitcoin plunges: Why THIS level is crucial to avoid a 2022-style BTC crash!

Key Takeaways What happens as Bitcoin plunges toward key support? As Bitcoin plunges below its support level, holding above $82K is critical. Falling below this level could trigger capitulation fromThe post Bitcoin plunges: Why THIS level is crucial to avoid a 2022-style BTC crash! appeared first on AMBCrypto.

Bitcoin recovery on edge amid Fed rate cut uncertainty & ‘liquidity squeeze’

Key Takeaways Will BTC recover this week? It depends on the Jobs report. A weak report could improve the odds of a Fed rate cut, sentiment, and trigger a relief rally. But a strong labor could dThe post Bitcoin recovery on edge amid Fed rate cut uncertainty & ‘liquidity squeeze’ appeared first on AMBCrypto.

Why Bitcoin’s 30% drawdown is a 'healthy thing,' reveals Michael Saylor

Key Takeaways Why is Saylor positive about the drawdown? According to him, it’s a healthy market reset that flushes out excess leverage and weak hands for the next rebound to a new all-time hiThe post Why Bitcoin’s 30% drawdown is a 'healthy thing,' reveals Michael Saylor appeared first on AMBCrypto.

Crypto winter ahead? 28% market crash & Bitcoin’s price drop sparks panic

Key Takeaways What does crypto winter mean for the average market participant? It means investor confidence is shrinking, and is reflected in reduced market confidence and steady price declines acroThe post Crypto winter ahead? 28% market crash & Bitcoin’s price drop sparks panic appeared first on AMBCrypto.

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2020-6-25 23:00

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