$40 Billion Ready To Pile Into Bitcoin as Stimulus Rolls In

The survey, which Mizuho Securities released on Monday, indicates that 10% of respondents are looking to purchase Bitcoin with their stimulus checks from the U. S government. The poll also shows that recipients will be buying stocks with their checks too.

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1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein

While central banks are focusing on creating more stimulus and economists expect inflation in the U. S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that 1.

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Bitcoin “The Stimulus Asset” Says Billionaire Investor Jeffrey Gundlach

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CEO of $141 Billion Investment Firm Says Bitcoin May Be “The Stimulus Asset”

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Bitcoin May Be Stimulus Asset Unlike Gold, DoubleLine Founder Says, While Grayscale AUM Hits $40 Billion

Founder of DoubleLine Capital hedge fund believes that Bitcoin could be the stimulus asset, not gold, meanwhile Grayscale’s crypto AUM has doubled since January 1

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$1.9 Trillion Stimulus Coming to Bitcoin and ETH

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The $1.9 trillion U.S stimulus bill could finally send Bitcoin to $50,000

The United States is about to pass the $1. 9 billion stimuli. For Bitcoin, this means the bountiful season is about to begin. When the potential impact of the stimulus is considered, Bitcoin at $50,000 may be much closer than we think.

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Bitcoin Edges Lower After Trump Rejects COVID-19 Stimulus Package

An overnight rally in the Bitcoin market paused midway as Donald Trump rejected a nearly $900 billion stimulus bill.

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Bitcoin, Stocks Nosedive Despite Incoming $900 Billion Stimulus

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US Congress Agrees to $900 Billion Coronavirus Aid Deal

On Sunday, a deal was finalized that stipulates $900 billion in federal funds that will be used to help Americans that have faced negative economic consequences from the Coronavirus. This deal was about half the amount previously proposed, meaning that American citizens who qualify for the stimulus (those who make less than $75,000 per year) … Continued The post US Congress Agrees to $900 Billion Coronavirus Aid Deal appeared first on BeInCrypto.

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Bitcoin Drops Under $17,600 Despite ‘Ample Monetary Stimulus’ From The European Central Bank (ECB)

Today, Bitcoin went down to as low as $17,570 in the Asian and European trading session before making its way above $17,900 with a mere $3. 37 billion in ‘real’ trading volume. With the latest round of losses came the largest drop in the Bitcoin exchange balance in more than 3 years of 1.

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Bitcoin Tilts Higher as Pelosi Signals Stimulus Bill by Year’s End

Bitcoin posted modest gains on Thursday as Democratic leaders signaled to reach an agreement with Republicans to pass the second round of COVID-19 stimulus by year’s end. House Speaker Nanci Pelosi (D-Califonia) said on Wednesday that a new bipartisan $908 billion relief package should serve as the basis of their months of negotiations with White […]

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UNI Shorts Get REKT As it Goes Into Price Discovery While Uniswap TVL Hits a Record $2 Billion

It has been only three days since Uniswap launched its governance token UNI. The free $1,200 crypto stimulus saw 32k accounts selling their 400 UNI instantly, under $5. This much activity resulted in ETH gas fees skyrocketing to $11.

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Bitcoin and Altcoins React to EU’s €750 Billion Stimulus Deal

Bitcoin spiked to $9,400 from a low of $9,152 in just hours seeing a significant increase in trading volume after European leaders agreed to create a €750 billion recovery fund for Europe. Additionally, they also agreed to a new EU budget of around €1.

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Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans

The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic.

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First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K

After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.

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EU Approves €540B in Stimulus, Further Aid Almost Certain

EU finance ministers have approved a €540 billion stimulus package to help combat coronavirus-caused economic damage. The joint measures leave those members worst hit by the pandemic unsatisfied.

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US Govt Pushes Plan to Send Americans Checks amid Faltering Economy

President Trump has always been a ‘go big or go home’ type of guy, and now one might say he’s putting his money where his mouth is. The U.S. government has set its sights on lining your pockets with cash as part of a whopping $850 billion stimulus deal in its latest attempt to combat […] The post US Govt Pushes Plan to Send Americans Checks amid Faltering Economy appeared first on BeInCrypto.

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Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus

On Sunday, the U. S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions.

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Fed Officials Ponder Funding Hedge Funds and Private Brokers Directly

On January 13, the New York Federal Reserve gave $60. 7 billion to eligible private financial institutions by leveraging U. S. Treasurys and agency securities. With all the stimulus given to financial institutions since September, it hasn’t relieved the stress of economic uncertainty.

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Positive News The star of stimulus shows a tremendous growth

Stellar Lumens has shown tremendous surges with weekly gains over 70% outclassing all other cryptocurrencies in the market. According to the weekly charts on CoinMarketCap, Stellar Lumens was trading at $0.

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