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Bitcoin Price Inches Higher to $6.7K on $2 Trillion Stimulus Agreement
25.3.2020
Bitcoin bulls set their sights on $7,000 as equities markets rallied on hopes of a multi-billion dollar economic stimulus package being signed by President Trump
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...
Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt
22.3.2020
The U.S. is now facing the onslaught from the coronavirus outbreak. During the last two weeks, bureaucrats have shut down multiple industries while the Federal Reserve has injected trillions into the hands of private banks. Bipartisan members of Congress have been penning a 2020 stimulus plan,...
U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap
20.3.2020
The U.S. Fed has extended its trillion-dollar injection efforts through March — a giant sum compared to all the money invested in crypto
Bitcoin Price Spikes to $7K as Fed Balance Sheet Nears $5 Trillion
20.3.2020
The Federal Reserve has added more to its balance sheet than ever before as Bitcoin shuns global turmoil
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Bitcoin Price, Stocks, Rally on Trump COVID-19 $1 Trillion Stimulus Reveal
18.3.2020
Traditional markets and Bitcoin price moved higher as the United States begins to implement serious measures to combat the spread of the Coronavirus
Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets
16.3.2020
Bakkt has now totally raised over $480 million after closing a new $300 million financing round on March 13
In Echo of 2008, Fed Pledges $1.5 Trillion Injection to Aid Reeling Markets
12.3.2020
The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis
Chainalysis: Only 1% of $1 Trillion Transacted in Crypto in 2019 Was Illicit
5.3.2020
Chainalysis reports over $1 trillion was transacted in cryptocurrency in 2019 with only 1.1% of it being illicit
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
27.2.2020
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster...
Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to Halving
9.2.2020
The total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at the moment. However, there are those that think that the cryptocurrency is a better store of value for our age than the precious metal. The latest take on the idea explains...
ICE CEO: New Acquisition Opens Trillion-Dollar Market for Bakkt
6.2.2020
Bakkt's pending acquisition of Bridge2 Solutions, a loyalty program marketplace, will "expand Bakkt's presence across an asset class that today spans over $1 trillion in value," says its parent firm ICE's CEO Jeffrey Sprecher
ConsenSys Acquires US Broker-Dealer in Bid to Tokenize Trillion-Dollar ‘Muni’ Bond Market
5.2.2020
ConsenSys aims to use its new acquisition to offer tokenized municipal bonds in a market ripe for disruption
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
15.1.2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide...
Close to 11 Million BTC Haven’t Moved in Over a Year
13.1.2020
According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017....
Thanks Boomer? Bitcoin-Friendly Generations to Inherit $70 Trillion
4.1.2020
Those who consider Bitcoin sound money will benefit from Baby Boomers to the tune of three times of U.S. GDP
Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...