Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
Bitcoin Jumps 12% as Fed Keeps Money Flowing and US Economy Shrinks
“It’s clear that the effects on the economy are severe,” said Federal Reserve Chair Jerome Powell. “We won’t run out of money. It’s an unlimited pot.”
First Mover: For Bitcoin Prices, Inflation Headlines May Matter More Than the Reality
Money printer goes brrr, but does it necessarily mean big inflation?
Why the Fed Is the Only Sugar Daddy Left, Feat, Luke Gromen
A look at how we went from the Bretton Woods system of gold-backed USD to the QE Infinity of today.
How I Learned to Stop Worrying and Love the Money Printer
Money printer go brrrrrrr. In a world inherently short of dollars, refusing to increase supply is anything but responsible and rational, says columnist Jill Carlson.
Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot
Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England.
US Cash in Circulation Sees Biggest Increase Since the Y2K Bug Panic, Fed Reserve Data Indicates
U.S. currency in circulation has experienced its largest increase in over 20 years.
Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis
How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold.
Into the Unknown: No Limit on Fed Money Injections
Drastic measures are being taken by the Federal Reserve as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses.
Bitcoin, Gold Spike as Fed Reserve Unveils Unlimited Coronavirus Stimulus Package
The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis.
Fed Stands Ready to Replace Infected Greenbacks With Clean Bills
The Fed doesn’t plan to destroy banknotes as China did, but it has a stockpile of fresh greenbacks should it need to replace what’s in circulation.
After a Wild Ride, Stocks Take a Breather and Crypto Bounces Back
Cryptocurrency markets stabilized somewhat as traditional financial markets found some footing Tuesday.
The Fed’s $700B Bazooka Misfires, Feat. CoinDesk’s Michael Casey and Noelle Acheson
Far from reassuring the markets, the Fed’s dramatic action over the weekend seems to have spooked them instead.
QE4 Begins: Fed Cuts Rates, Buys $700B in Bonds; Bitcoin Rallies 7.7%
Effectively, this is “QE4,” the fourth major round of quantitative easing by the American central bank since the global financial crisis a little more than a decade ago.
In Echo of 2008, Fed Pledges $1.5 Trillion Injection to Aid Reeling Markets
Excerpt:
The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis.
As NY Fed Promises More Cash, What Will Christine Lagarde Do?
Bitcoin prices slid for a fifth straight day, but the bigger news is what the NY Fed and Christine Lagarde’s ECB do next.
That Noise You’re Hearing? Central Banks Struggling to Evolve
Noelle Acheson looks at the evolving role of central banks in the context of the current crisis, and what that could mean for crypto.
You Call That Volatility? Bitcoin Traders Scoff at Wall Street’s Gyrations
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress.
You Call That Volatility? Bitcoin Traders Scoff at Wall Street’s Gyrations
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress.
Bitcoin Drops 2% Following Fed’s First Emergency Rate Cut Since 2008
Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.