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‘$2.6 Trillion’ Stimulus Bill With Second Direct Payments to Americans Ready for Voting
1.10.2020
US lawmakers are intensely discussing a new stimulus package that could cost between $2.2 trillion and $2.6 trillion. The bill could be voted on this week as talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin heat up over the content of the bill. New Stimulus Bill: Final...
$2.4 Trillion Stimulus Package Proposed in US With Second Direct Payments to Americans
27.9.2020
A new stimulus package costing about $2.4 trillion is being prepared in the U.S. that includes a second round of stimulus checks for Americans. Since the first coronavirus stimulus package was signed into law, talks of further relief aid have stalled. This new proposal aims to restart the stimulus...
Second US Stimulus Package Could Drive Bitcoin Higher, Says OKEx CEO Jay Hao
24.6.2020
Hao claims that retail investors are likely to spend the extra money on Bitcoin since there’s nowhere else they can get a good return on their savings
Economists Predict Worst Recession Ever for India Amid Lockdown Extension
19.5.2020
Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists...
Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz
13.5.2020
Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable...
Bitcoin Approaches $7K as U.S. Passes New $480B Stimulus Package
22.4.2020
Bitcoin has risen back close to $7,000 as the U.S. Senate's approval of new coronavirus stimulus package buoys stocks
JPMorgan, Bank of America, Wells Fargo Sued Over Trump’s Paycheck Protection Program
22.4.2020
Class action lawsuits have been filed against JPMorgan Chase, Bank of America, Wells Fargo, and U.S. Bank for their alleged unlawful and fraudulent practices in the Paycheck Protection Program. This program is part of President Trump’s $2.2 trillion stimulus package to help small businesses...
Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin
8.4.2020
Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money...
US Stimulus Package Might Cause ‘Modest’ Improvement to Bitcoin Market
2.4.2020
The price of Bitcoin may not skyrocket yet, but the stimulus package passed in the U.S. could slowly help the cryptocurrency in this pandemic
Jack Dorsey Wants Cash App to Distribute US Stimulus Package
30.3.2020
The founder of Twitter and Square believes that Cash App can distribute the stimulus to Americans with greater efficiency than the government can
Bitcoin Rejected Near $7K Even as US Agrees $2T Stimulus Package
25.3.2020
Bitcoin has dropped back from levels near $7,000 despite the rapidly increasing scope of fiscal stimulus efforts in the US and across the globe
The United States’ $6 Trillion Stimulus Package Draws Crypto Community Attention
25.3.2020
Larry Kudlow, who serves as a prominent economic advisor at the prestigious White House, United States of America, has opined that the stimulus package of the United States Government will sum up to roughly $6 trillion, during a press conference on March 24, 2020. The ‘not-so-usual’ stimulus...
Alex Kruger Predicts a Hyperinflation in the Long Term Due to the Stimulus Package
24.3.2020
The novel Coronavirus just doesn’t seem to stop, with the impact growing by the day, causing huge losses to the global economy. To fight the slowdown, the US Government had announced a $2 trillion stimulus package, which to help the workers meet ends. However, financial analyst and economist...
The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...
Bitcoin, Gold Spike as Fed Reserve Unveils Unlimited Coronavirus Stimulus Package
23.3.2020
The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis
Goldman Sachs’s Kathy Says Japan’s Stimulus Package May Payoff
5.12.2019
As the global economy is under immense pressure today, no developed nation seems to find it easy to wade off its impact. Japan seems to be on the front absorbing the global shock as it has a multitude of economic issues in its economy. However, some Government sources have lately indicated that...