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Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion

17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...

Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program

16.6.2020
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying...

Fed Chairman: Inflation Not a Threat Long-Term Despite Massive Balance Sheet

16.6.2020
The chairman of the Federal Reserve sees no issues with the massive expansion of the Fed’s balance sheet and believes that inflation will struggle to stay above the target

First Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either Way

16.6.2020
Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin

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...

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.”

London’s ETC Group to List Centrally Cleared Bitcoin ETP on Deutsche Börse’s Xetra

10.6.2020
A UK-based financial services company will list a centrally cleared bitcoin exchange-traded product (ETP) on Deutsche Börse’s Xetra electronic trading market later this month. In a statement released on June 9, Etc Group said the contract, known as Bitcoin Exchange Traded Crypto (BTCE)...

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...

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...