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Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH
15.6.2020
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication,...
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
12.6.2020
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher...
Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Market Wrap: Stocks’ Carnage Drags Bitcoin Down to $9K
11.6.2020
A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well
Bitcoin Stuck Below $10K as Stocks Drop
11.6.2020
With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks
First Mover: Fed Sees No Inflation Through 2021, But Bitcoiners Are Betting on It Anyway
11.6.2020
Bitcoin investors think "it's only a matter of time" before the U.S. experiences rocketing inflation
Market Wrap: Bitcoin Briefly Pops Past $10K as Fed Says Rates May Stay Near 0% Until 2022
10.6.2020
Cryptocurrency traders slapped the buy button on bitcoin during the Federal Reserve’s non-announcement announcement, but the run-up didn’t last
Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections
10.6.2020
Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank
First Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the Fed
10.6.2020
The Fed may remain intransigent about negative rates, but bitcoin may benefit from other central bankers who are keeping the option firmly on the table
Not With Bitcoin: Rumor ECB Eyeing $500B Debt Quarantine in ‘Bad Bank’
10.6.2020
Coronavirus will inflate the EU bad debt mountain, and banks should be shielded, while an official speaks highly of so-called “bad banks.”
2020 Libertarian Presidential Candidate Jo Jorgensen Talks Bitcoin, Endless Wars, Covid-19 Response
9.6.2020
On June 8, news.Bitcoin.com chatted with the U.S. 2020 Libertarian candidate for president, Joanne Jorgensen. The Libertarian Party’s nominee for president is the party’s first female candidate and she is a firm believer in free markets and civil liberties. This week our newsdesk...
Set to Grow, India’s Crypto Industry Must First Toil Tough Ground
8.6.2020
Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way
Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree
7.6.2020
President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several...
The Global COVID-19 Pandemic Gave People the Mandate of Independent Money
6.6.2020
With the failure of traditional, centralized finance to beat the new economic crisis, people will turn to Bitcoin as the best solution
Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement
5.6.2020
The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called...
Blockchain Bites: Why UN and Federal Reserve Experts Think CBDCs Could Kill Commercial Banking
5.6.2020
U.N. and Federal Reserve experts think CBDCs can compete with commercial banks, New York and France enter a regulatory agreement while Europol has Wasabi Wallet concerns
Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve
5.6.2020
Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
5.6.2020
The research explores how "central banking for all" via digital currency could affect commercial banks
Fed Chair Teases Use of Ethereum-Based Interest Reference Rates
4.6.2020
U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...