This week, the Fed signaled that further monetary expansion is planned. Meanwhile, interest in Bitcoin and DeFi continues to skyrocket. This week was quite eventful for crypto and traditional markets, and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path. Before…
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A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows. On Aug. 28, the U.S. dollar currency index (DXY),…
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Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs. The Federal Reserve Bank of Boston has entered into a partnership with the Massachusetts Institute of Technology to better understand the concept of digital currencies. The bank will work with MIT researchers on a multiyear…
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The president of the Minneapolis Federal Reserve calls for stricter lockdowns to help save the economy. The president of the Minneapolis Federal Reserve, who once claimed the Federal Reserve was flush with cash, called for a nationwide lockdown to fight COVID-19. In an op-ed in The New York Times, Neel Kashkari and co-writer Michael T.…
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Federal Reserve monetary policy appears to be a primary catalyst for the current rally in gold, silver and Bitcoin. The prices of gold, silver, and Bitcoin (BTC) are all rallying in tandem, as various macro factors boost alternative assets. As gold rose to a new all-time high at $2,055, BTC rallied to $11,715 on the…
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Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies. Ari Paul, CIO and co-founder at crypto hedge fund BlockTower Capital, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by the monetary policies of central…
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The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together. Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee…
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Inflation-adjusted yields on all U.S. treasury bonds are now negative as the Fed is widely believed to be propping up markets. United States government bonds, considered perhaps as the safest assets in the world, are now losing money to the investors holding them. According to statistics published by the U.S Treasury, real yields on even…
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Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth. During a recent YouTube livestream, Morgan Creek Digital co-founder and crypto expert Anthony Pompliano detailed the current post-COIVD-19 economy, noting the U.S. government’s money printing and spending efforts. “There is a devaluation of…
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Key U.S. federal stimulus programs are set to expire soon and if they are not renewed the stock market and Bitcoin price could crash again. A recent newsletter to Delphi Digital clients delved into the economic aftermath of the coronavirus pandemic and how the current fiscal stimulus package from the U.S. Federal Reserve could be…
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