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Gold Bull Jeffrey Gundlach Says ‘BTC Maybe the Stimulus Asset’ Ahead of the Precious Metal
21.2.2021
Renowned gold bull and CEO of investment management firm Doubleline, Jeffrey Gundlach says bitcoin may be the “stimulus asset” while adding it “doesn’t look like gold is.” Gundlach, a self-professed long-term dollar bear, had preceded his comments about bitcoin...
Bitcoin’s Price Surge Accelerates After Passing Milestone of $1T Market Value
19.2.2021
The price could go higher, unless traders start taking profits
The Bond King Goes From 'Bitcoin Is A Lie' To BTC 'Maybe The Stimulus Asset'
18.2.2021
Jeffrey Gundlach. Source: A video screenshot, Youtube/Real Vision Finance
DoubleLine Capital LP chief Jeffrey Gundlach, known as the Bond King, now says that bitcoin (BTC) "maybe The Stimulus Asset" after claiming last October that it is "a lie."
"I am a long term dollar...
US President Biden: ‘I’m Not Cutting the Size of the Checks’ for Fiscal Relief
5.2.2021
The comments came after reports said the White House was considering reducing the size of its proposed stimulus package
U.S. Added Fewer Jobs Than Expected in January, Boosting Case for Stimulus
5.2.2021
The report will likely influence negotiations over U.S. President Biden’s $1.9 trillion stimulus package over the coming weeks
FinCEN Extends Crypto Rulemaking Review Period as Senate Confirms Janet Yellen
27.1.2021
The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U.S. Senate confirmed Janet Yellen as the new U.S. Treasury Secretary. FinCEN Extends Comment Period for Crypto Wallet Rulemaking...
Bitcoin Now the Most Crowded Trade – Labeled a ‘Bubble’ in Bank of America Survey
20.1.2021
According to findings of a recent Bank of America (BOA) survey, buying bitcoin has now surpassed tech stocks as the most crowded trade. This new ranking means tech stocks have been relegated into second place for the first time since October 2019. Bitcoin Bubble Ranking Still, a majority of...
Crashes, Rallies and Stimulus: A Normal Week for 2021 Bitcoin
16.1.2021
The second full business week of January has demonstrated many trends that NLW argues will shape bitcoin and crypto throughout the year
Bitcoin slides under $35K despite Biden unveiling $1.9 trillion stimulus
15.1.2021
Positive reactions to a $1.9 trillion stimulus package combines to squash Bitcoin's bullish sentiment
Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin
11.1.2021
According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden...
As Biden preps $3T stimulus, Bitcoin could be set to erupt
9.1.2021
Biden’s fiscal stimulus plan could send the BTC price rocketing higher
BRRR: Biden Readies a New $3T Stimulus Package
8.1.2021
What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole
Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally
8.1.2021
After Joe Biden's inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin's rally, say analysts
Novogratz predicts young people will buy Bitcoin with their stimulus checks
7.1.2021
Mike Novogratz claims that many people bought Bitcoin after the last round of federal stimulus checks, and thinks they're likely to again
Regulated Bitcoin ETPs Skyrocket, Coinshares Cites ‘Unprecedented Interest from Institutional Investors’
6.1.2021
The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin exchange-traded product BTCE saw $100 million in trade volume. Coinshares Group is a European firm dedicated...
Got coronavirus stimulus? Buying Bitcoin has already offered 12% returns
5.1.2021
The $600 stimulus check invested in BTC last week would have made you $75 better off already, data shows
Let Them Eat Cake: Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise
23.12.2020
The United States Congress has approved a $900 billion Covid-19 relief package that’s tethered to the government’s $2.3 trillion year-end funding plan. Of course, talks of Americans getting $600 checks have started to circulate online, but reports also include the discussions...
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
21.12.2020
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...
BTC Hovers Below USD 24K as Investors Watch Elon Musk, New Stimulus, and Crackdown
21.12.2020
Elon Musk. Source: A video screenshot, Youtube, Bloomberg.
A Twitter exchange between two of the United States’ prominent businesspeople has possibly added fuel to the bitcoin (BTC) rally this weekend, while the US announced a new coronavirus stimulus package and a regulatory crackdown.
Tesla chief...
Stimulus checks meet BTC all-time highs: 5 things to watch in Bitcoin this week
21.12.2020
A vote on $600 payments to Americans combines with bank buybacks as one analyst says that institutional buying could mean the Bitcoin bull run "never stops."