Mar 31, 2020 at 11:32
News
It’s Cryptocurrency Time: US Dollar May Face Default
The US economy will get a $2 trillion injection from the Federal Reserve to aid the citizens and businesses suffering from the COVID-19 pandemic. However, some experts of the industry including John McAfee believe this might have negative consequences over the country’s economy and cause unprecedented inflation.
Mar 06, 2020 at 08:25
News
How Will the US Federal Reserve Rate Cut Affect Bitcoin?
Correspondence of interest rate cuts by the US Federal Reserve to respond to the recession crisis caused by the global spread of new coronavirus (COVID-19) is growing, and interest in the cryptocurrency market is increasing.
Feb 21, 2019 at 13:19
News
Cryptocurrency & Blockchain Arms Race Triggered By JPMorgan
The newly created cryptocurrency “JPM Coin” by JPMorgan (JPM) is gaining momentum in the blockchain arms race amongst the giant United States (U.S.) Federal Reserve (Fed), at a higher rate. It’s the first bank to develop its own digital coin. The coin is pegged to the U.S. dollar.
Federal Reserve Is More Interested In Private Blockchains
The United States Federal reserve has shown a very strong interest in components of blockchain and distributed ledger technology. This was witnessed by the release of a paper whose aim was to investigate the potentials of blockchain and outline the Federal Reserve’s interest in the blockchain.