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Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

One Thing Needs to Happen Before Bitcoin Booms

One Thing Needs to Happen Before Bitcoin Booms

No matter bitcoin's price or how well it performs as an investment asset, most people will not put any money into it until its price goes up for a while.

Bitcoin Halving and Money Printing is BTC’s Rocket Fuel, Says Anthony Pompliano

Bitcoin Halving and Money Printing is BTC’s Rocket Fuel, Says Anthony Pompliano

Bitcoin halving and historic money printing are the rocket fuel propelling BTC's price upwards, according to Anthony Pompliano.

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Bitcoin and Tesla Prices Plunge as FED Hints QE Scale Back to Avoid Asset Bubbles

Analyst narratives on why Tesla and Bitcoin crashed yesterday are varied, but a look at the FOMC minutes hint at scaling back QE to avoid asset bubbles may be an indication.

Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO

Bitcoin Rallies Back to $50,000 on Backing from Ark Investment CEO

Bitcoin (BTC) surged to $50,000 after nosediving to lows of $45,000. Cathie Wood, the CEO of Ark Investment Management, trusts that this correction is healthy for the market.

Bitcoin Will One Day Close a $40,000 Daily Candle, says BTC Advocate Jimmy Song

Bitcoin Will One Day Close a $40,000 Daily Candle, says BTC Advocate Jimmy Song

Jimmy Song believes that Bitcoin's daily candle will one day close at more than $40,000 based on its present closure of at least $1900 in the past 24 hours.

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