Tag Archives: fed

Bitcoin has shot up beyond the $40,000 mark once again. This goes against what everyone has been saying for several weeks – that another rate hike instituted by the Fed will cause the world’s number one digital currency to fall drastically. The Fed Has Pushed Rates Higher Along with BTC By contract, bitcoin – which has been trading for around $39,000 – has now moved beyond $40K and is likely to incur even more jumps in the coming days. The Fed initiated another big...

Robert Kiyosaki – the famed author of the bestselling book “Rich Dad, Poor Dad” – says that a major market overhaul is coming, and that those who do not own bitcoin will likely experience harsher economic circumstances than those who do not. Robert Kiyosaki on the State of the Economy In a recent interview, Kiyosaki – known for his prowess as a financial guru over the past 20 years – stated that the Federal Reserve is ruining the American economy by overprinting the U.S....

The number of digital wallets containing more than 1,000 bitcoin units has grown to an all-time high. According to the Bitcoin Rich List, roughly 2,190 separate wallets contain 1,000 units of bitcoin or more each, which makes sense considering the circumstances that have surrounded the world’s most popular – and largest – cryptocurrency by market cap as of late.A High Number of Growing Bitcoin WalletsAs it stands, more and more people are beginning to view bitcoin in a positive light. In...

The Fed has announced that it will be purchasing corporate bonds and ETFs, and the crypto community isn’t too happy about the decision.The Fed Comes to the Rescue Again?The choice comes following economic turmoil as the coronavirus has forced the United States – and several regions abroad – to shut down its businesses and operations so that people can avoid contracting the illness. The shutdown was designed to slow the spread of the virus, but now that things are opening up, the media...

Die Demokraten, die im US-Repräsentantenhaus über die Mehrheit verfügen, zeigen sich sehr offen für die Möglichkeit zukünftige Helikoptergeldzahlungen digital vorzunehmen. Federal Reserve übt Zurückhaltung In der Vergangenheit zeigte sich die amerikanische Notenbank wenig überzeugt von der Option, Echtzeit-Überweisungen mithilfe einer Digitalwährung zu ermöglichen. Hatte sich der amerikanische FED-Chef Jerome Powell zuletzt offener für die Möglichkeit digitaler Transaktionen...

JPMorgan Chase (JPM) stock price remained in the neutral territory today in the pre-market as strategists say that the worst is over for the financial markets. As the trading opened, JPM started falling.JPMorgan Chase & Co (NYSE: JPM) stock remained neutral during the pre-market. Sources say that the banking behemoth’s stock prices seemed to hold steady as many expect the U.S. economy to go into a recession.This period of negative growth has been expected for the past month or so. This...

Well, the jobless figures and the economic outlook seem pretty bleak for the coming few quarters amid coronavirus, here is how the market is reacting to the situation. Is any further damage already priced-in?On Thursday, March 26, Dow Jones surged 6.38% closing the day 1351 points higher at 22,552 levels. This has been the index’s biggest 3-day surge since 1931. Just in the last three days, Dow has added nearly 4000 points to its rally.However, it was all surprising to see the markets rally...

Dow Jones has seen a path to recovery after the Federal Reserve announced major stimulus measures on Monday. Here’ a look at how this fiscal stimulus might help to overcome the existing economic challenges.On Monday, March 23, the White House and the Senate agreed to introduce a stimulus package to combat this economic meltdown caused due to the coronavirus pandemic. Soon after, the markets showed a renewed sense of optimism.On Tuesday, the Dow Jones Industrial Average surged over 10% moving...

The fiscal stimulus bill presented by the Trump government failed to receive a key Senate vote and was halted from passing. The Democrats said that the bill did little to help out workers and more to bail out companies.The coronavirus pandemic continues to hit the global markets and the number of infected cases is on a steep rise. The U.S. Stock futures plunged in the early morning on Monday as Wall Street awaits an economic stimulus from the Trump government.Today, early morning 6 am, the...

Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.U.S. stock futures started good on early Friday morning, showing potential for a positive opening after an also positive Thursday session. Investors are obviously still watching over coronavirus developments. The Donald Trump administration proposed an $850 billion stimulus package to stabilize the economy,...