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Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
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."
Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
28.7.2020
Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold...
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
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
Boston Fed Wants to Hire a Digital Currency Engineer
23.7.2020
The one-year position will work on the Applied Fintech Research team's digital currency experiments
Investors Now Lose Money by Holding Bonds, Pushing Them Into Riskier Assets
23.7.2020
Inflation-adjusted yields on all U.S. treasury bonds are now negative as the Fed is widely believed to be propping up markets
Australian Reserve Bank Blasts Money Printing: 'There's No Free Lunch'
22.7.2020
Australian Reserve Bank governor Philip Lowe says that somebody always pays for money printing
Bitcoin Could Be the Next Big Inflation Hedge
19.7.2020
High-profile investors are concerned about the possibility of rising inflation — and they are turning to cryptocurrency to hedge against it
Getting Out of Cash Is Key to Wealth and Inflation Protection, Pompliano Says
18.7.2020
Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth
Bitcoin Price, Stocks, Set to Correct If Fed Fails to Extend Stimulus
17.7.2020
Key U.S. federal stimulus programs are set to expire soon and if they are not renewed the stock market and Bitcoin price could crash again
A Path of Challenges: Will CBDCs Prevail Over Private Blockchains?
16.7.2020
CBDCs will be the leading digital currencies of the future, and only the competition between various models will determine the winner
A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...
First Mover: Bitcoiners Not Worried Fed Money Printer Has Stopped Going ‘Brrrr’
14.7.2020
The Federal Reserve's balance sheet is shrinking, but bitcoin investors are betting it's only a matter of time before the economic toll of the coronavirus leads to more money printing
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year
12.7.2020
Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into...
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...
Christophe Cieters: Monopoly Money
12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...