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Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
14.8.2020
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs
The Federal Reserve Is Experimenting With a Digital Dollar
13.8.2020
The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon
Fed Reserve Analysts Say Common Digital Currency Distinction ‘Problematic’
13.8.2020
Bitcoin blurs the boundaries of a widely used classification of digital currencies and the distinction should be retired, say Fed experts
Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
10.8.2020
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal...
Minneapolis Fed’s Kashkari Calls for Stricter Lockdown
9.8.2020
The president of the Minneapolis Federal Reserve calls for stricter lockdowns to help save the economy
Germany Begins Closing Down All Unlicensed Bitcoin ATMs
9.8.2020
Germany’s Federal Financial Supervisory Authority (BaFin), the country’s top financial regulator responsible for regulating crypto service providers, has begun actively closing down unauthorized bitcoin ATMs, a BaFin spokesperson has confirmed to news.Bitcoin.com. All Unauthorized...
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site
7.8.2020
German authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an operator of a pirate movie website. An unspecified amount of bitcoin cash was also seized. Bitcoin and Bitcoin Cash Seized The German state of Saxony’s...
Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready
6.8.2020
COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away
US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
6.8.2020
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois...
3 Ways US Fed Printing Is Fueling Huge Gold, Silver and Bitcoin Rally
5.8.2020
Federal Reserve monetary policy appears to be a primary catalyst for the current rally in gold, silver and Bitcoin
First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play
4.8.2020
The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin
BlockTower’s CIO Predicts Hyperinflation Could Send Bitcoin Parabolic
3.8.2020
Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies
Federal Agents Arrest Suspected 17-Year-Old Twitter Hack ‘Mastermind’ in Florida
1.8.2020
On Friday a 17-year-old Tampa teenager was arrested in Florida for allegedly being the “mastermind” behind the July 15 Twitter hack that saw a great number of high profile accounts compromised. The hack also netted roughly $120,000 worth of bitcoins by leading unknowing individuals...
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
First Mover: Sleepy Fed Meeting Belies Tense Economic Reality (Brrr) That May Buoy Bitcoin
30.7.2020
It didn't really matter to bitcoin traders that the Federal Reserve's meeting this week was so anticlimactic. The real action is ongoing – in the form of more money injections
Tether Prints $300 Million, While XRP Reclaims Third Spot
30.7.2020
Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert...
Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasuries
29.7.2020
The Federal Reserve said Wednesday that it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy
First Mover: Crypto Traders ‘Greedy’ as Goldman Warns on Dollar
29.7.2020
As the dollar faces a diluted world status, cryptocurrencies like ether and bitcoin are soaring, with a popular sentiment index now registering "greed."
China and US Must Learn From One Another and Collaborate on CBDC
28.7.2020
The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together
Why Bitcoin-Like Scarcity Would Be a Disaster for the Dollar
28.7.2020
Calls to restrict the Fed's money printing powers fail to recognize the likely consequences, including price instability