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Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty

The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. дальше »

2020-3-4 16:20


China has suspended the development of its own cryptocurrency due to coronavirus

The Central Bank of China was forced to postpone the development of the digital yuan, the state cryptocurrency of China, which was planned in the first quarter of 2020. “The coronavirus outbreak has led to postponed work resumption in government institutions, including the People’s Bank of China (PBC). дальше »

2020-2-27 21:43


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Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners

During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […] The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News. дальше »

2020-2-22 20:12