Young Americans are choosing crypto over mutual assets and ETFs to invest their stimulus checks.
Powered by WPeMatico
Category: Stimulus check
Auto Added by WPeMatico
Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin
Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going to want to stay in dollar-denominated currencies.” […]Powered by WPeMatico
Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’
Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned, “Cryptocurrency is promising, but please invest with caution.” Elon Musk Sees Dogecoin as […]Powered by WPeMatico
You’d have $10K now if you’d invested April’s stimulus in Bitcoin — and more with ETH
People who invested their first stimulus check into Bitcoin in April 2020, would now have more than $10,000.
Powered by WPeMatico
Gold Price Expected to Rally Despite Concerns About Lockdown 2.0
Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve currency. The gold industry players also add […]
The post Gold Price Expected to Rally Despite Concerns About Lockdown 2.0 appeared first on Bitcoin News.
Powered by WPeMatico
Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets
For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial incumbents. Despite the market carnage on March […]
The post Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets appeared first on Bitcoin News.
Powered by WPeMatico