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Into the Unknown: No Limit on Fed Money Injections


Drastic measures are being taken by the Federal Reserve as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses

Major Securities Firm Gives Its Shareholders Bitcoin Benefits


Japan’s Monex Group has become the latest financial company to offer its shareholders cryptocurrency benefits – and will become the first major securities firm to give out end-of-year bitcoin (BTC) benefits. Per an official announcement, Monex – one of the country’s biggest securities companies...

Bitcoin Marks 9% Gain; Crosses Above $6k for 3rd Time in 7 days


And what really happened while you just blinked your eye? Bitcoin was crumbling in red during the Asian market trading hours, and while we near the end of the trading day, the latter have breached irresistible lows, while the former just formed a green trading candlestick above $6k. Impressively...

Bitcoin Reverses Losses After Fed Makes Unprecedented Move


Bitcoin (BTC), major altcoins reversed losses today after the U.S. Federal Reserve announced unprecedented measures to support the economy. At pixel time (12:54 PM UTC), BTC, trades at c. USD 6,207, jumping around 5% in less than an hour. The price is up 2% in a day and 29% in a week. U.S. equity...

BitMEX Says Its BTC 35K Isurance Fund Fulfilled Its Role During Market Crash


Major crypto derivatives exchange BitMEX says that their Insurance Fund did exactly what it was supposed to during the market crash. In their latest blog post, the exchange addressed questions from the traders related to the Insurance Fund, its role during the March 12 and 13 market turbulence,...

2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It


Amid worldwide crisis and stock market turmoil, a growing number of investment schemes advertise a way to speedily double your bitcoins. Moon Bitcoin Live, for example, claims to be a licensed bitcoin doubler, promising that investors can double their bitcoins within 24 hours, with guaranteed...

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