Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low

Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year LowCentral 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 of the year. Meanwhile, bank indexes show that financial institutions […]

The post Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’

US Turmoil and Negative Interest Rates - Billionaire Michael Novogratz Says 'Watch Gold and Bitcoin'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 rates in the near future, according to a number of […]

The post US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance

The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American citizens could be responsible for 98% of […]

The post Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’

Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout 'Too Big to Fail'The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit Facility (SMCCF). Additionally, financial analysts from Wall Street on Parade have […]

The post Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours

Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11.8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday.’ Many believe the cause behind the higher […]

The post Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations

Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain that the Fed’s monetary policies will lead to hyperinflation in […]

The post Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight

In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making it easier on the financial sector. On March 22, the Federal Reserve […]

The post Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors

Onchain Data Suggests Bitcoin Sell-Off Fueled by New InvestorsWhile the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term holders.” Further, an analyst at Unchained Capital agreed with Coin Metrics’ findings and […]

The post Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico