Blow to Bitcoin as Key US Yield Hits Feb 2020 High Ahead of FOMC Meeting
Key Bitcoin Takeaways
Bitcoin sell-off accelerated ahead of the US session as US 10-year Treasury yields hit a fresh 13-month peak.
The cryptocurrency’s latest decline appeared ahead of the Fed... Read More
Bitcoin20/06/20 07:15 by Brenda Ngari
Contentions Erupt After New York Fed Classifies Bitcoin As ‘Just Another Example Of Fiat Money’
Economists at the New York Federal reserve believe that bitcoin, the decentralized, peer-to-peer virtual currency that was created by a pseudonymous software developer around 11 years ago, is “just... Read More
Other04/12/19 23:30 by Jamie Redman
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
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 thi... Read More
Other29/11/19 00:50 by Jamie Redman
Despite St. Louis Branch Warnings, New York Fed Pumps $108 Billion Into US Economy
On Wednesday, November 27, the U.S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more... Read More