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The US is discussing the creation of a digital dollar to combat coronavirus

Representatives of the Democratic Party of the United States of America are developing a bill to issue a digital dollar to overcome the economic consequences of the coronavirus pandemic. The preliminary document does not contain the concepts of “cryptocurrency” and does not mention the technology of a decentralized registry, and the definition of a digital […] дальше »

2020-3-25 19:56


New Bill To Stimulate The Economy Removes ‘Digital Dollar’ Term, Hours After Draft Issued

The latest US coronavirus-related bill submitted to the House of Representatives included mentions of the digital dollar, but it seems these mentions have been stripped. The latest version of the House Democrats’ Take Responsibility for Workers and Families Act was revealed on March 23, but it no longer contains anything about the digital dollar in […] дальше »

2020-3-24 19:51


Аналитик: печатный станок ФРС сыграет на руку держателям биткоина

Известный аналитик Джозеф Янг выразил уверенность в положительном влиянии на биткоин предпринимаемых Федеральной резервной системой США (ФРС) мер по стимулированию экономики. Fed printing unlimited money to pump markets = good for bitcoin Devaluation of dollar over the long term = good for bitcoin Short-term may be gloomy for bitcoin, but long-term prospect of it remains […] дальше »

2020-3-25 16:31


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3 Reasons Why Bitcoin Price is Bullish Right Now

Bitcoin price has jumped over 15% during the last 24 hours, currently trading above $6,700. Here are three main reasons behind the surge: Congress Discuss Digital Dollar by Fed to Fight Crisis House Democrats proposed two bills that revolve around the creation of a digital dollar and digital wallets, so that the Federal Reserve (Fed) could transfer digital cash directly to individuals and businesses. дальше »

2020-3-25 16:00


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Cardano’s Charles Hoskinson Likens the US Dollar to the Scam Cryptocurrency, Onecoin

The US Congress has mandated the nation’s central bank, the Federal Reserve (Fed), to print an infinite amount of cash to help the nation navigate the ongoing economic crisis. The funds will be available to local businesses and investors in the financial markets to shield them against the impacts of the Covid-19 disaster. Fed president […] дальше »

2020-3-24 14:45


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Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency

The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto. дальше »

2020-3-19 08:10