#monetary policy News

Cryptocurrency Strategy Being Worked on By Trump Administration

President Trump Praises Quantitative Easing, Bitcoin Wins

July 4, 2019 by Anthonia Isichei at Bitcoin

Bitcoin bulls believe that the current currency tussle between world leaders will ultimately prove decisive for BTC. Some commentators are even pointing to significant signs of bitcoin becoming a hedge for many investors against uncertainties in traditional markets. President Trump Urges Fed to Counteract Foreign Monetary Policies U.S. President Donald...

Bitcoin as a Haven Asset: Investors De-Risking Portfolios Following Dovish Monetary Policies

May 16, 2019 by Osato Avan-Nomayo at Bitcoin, Finance, Investment, News

James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U.S. – China trade...

Boston Federal Executive Speaks on Limitations of Cryptocurrency and Blockchain

October 4, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Commentary, Finance, News, Regulation

Jim Cunha, the Senior Vice President of Treasury and Financial Services at the Federal Reserve Bank of Boston, spoke about cryptocurrency and blockchain at the Forbes‘ 30 Under 30 summit in the Massachusetts capital. The summit at Boston's City Hall Plaza began October 1, 2018, with him describing the limitations...

Bitcoin as the Solution to the Brewing Global Economic Crisis

September 7, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Commentary, Finance, Regulation

Admir Tulic, a crypto enthusiast and investor, has likened Bitcoin to a valuable cure for a global economic disease. Writing in a blog post on his Medium page, the Accept.io Content and Community Manager stead that the pioneer cryptocurrency will take on and defeat what he terms as “the massive...

Report: E.U. Finance Ministers Meeting Suggests Common Cryptocurrency Rules

September 7, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Exchange, Investment, News, Regulation, Tech

According to a September 5, 2018 report in Reuters, a new report prepared for the upcoming E.U. Finance ministers meeting recommends that the member state’s of the world’s largest free trade area should adopt a common set of rules on regulating cryptocurrencies. The report proposes a common framework to examine...

Ethereum Classic Trust Launches, ETC-USD Breaks Above $6.00

April 30, 2017 by Joseph Young at Altcoins, Ethereum, Finance, News

Grayscale, the subsidiary company of Barry Silbert’s Digital Currency Group, launched the Ethereum Classic Trust to the public market on April 26. According to the company, the aim was to enable institutional and conventional investors to utilize a strictly regulated traditional investment vehicle to invest in the altcoin. The market,...

Ethereum Classic Integrates Deflationary Monetary Policy

March 3, 2017 by Joseph Young at Altcoins, Ethereum, News

Ethereum Classic (ETC), the spinoff project of the original Ethereum network created in response to the decision to bailout investors of the DAO, is fully detaching itself from the traditional Ethereum model, starting with the elimination of the original monetary policy, with the idea first floated in late 2016. The...

Ethereum Classic Considers Bitcoin-esque Monetary Policy

December 14, 2016 by Jamie Holmes at Altcoins, Bitcoin, Ethereum, News

A recent proposal by Matthew Mazur for the Ethereum Classic network, ECIP 1017, looks to adjust the monetary policy to make it more like Bitcoin’s, introducing a finite supply and a reduction in the block reward over time. On December 13, the ECIP 1017 proposal was presented, along with a...

Governments are Eliminating Cash; Replica of the Great Recession

October 4, 2016 by Joseph Young at Bitcoin, Finance, News

Governments and central banks are trying to put an end to cash to introduce negative interest rates and actively engage in the development of digital currencies for a simple reason: reduce the anonymization of money. Despite the falsified claims of economists, banks, and financial institutions, bitcoin is not anonymous by...

Press Release

Optimism on US Economy May Weigh BTC-USD Down

July 28, 2016 by Jamie Holmes at Bitcoin, Commentary, News

Yesterday’s Fed statement was noticeably positive, more so than previous statements, on the assessment of the US economy and this may act as a drag on BTC-USD. The statement highlighted “strong job growth in June” and “some increase in labour utilization in recent months”. The statement also highlights...