Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report

Cryptocurrency Network Effect Grows 4X Faster in Undeveloped Countries: Blockchain Analysis ReportDuring the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster in developing nations as opposed to developed countries. Crypto Asset Network Effect Grows Stronger in Undeveloped Countries Last month, the […]

The post Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report appeared first on Bitcoin News.

Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations

Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain that the Fed’s monetary policies will lead to hyperinflation in […]

The post Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations appeared first on Bitcoin News.

Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars

Petro-Dollar System Crumbles: US Dollar Could Collapse from the World's Oil WarsDuring the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%. Experts say that the […]

The post Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars appeared first on Bitcoin News.

Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer

Printing Money from Thin Air - How the Fed Reduces Purchasing Power and Makes You PoorerUnless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary policies. Despite the fact that many […]

The post Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer appeared first on Bitcoin News.

Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’

Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention 'Digital Dollars'During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar” and “digital ledger entries.” Following the submission of the […]

The post Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’ appeared first on Bitcoin News.

#NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs

'Not Dying 4 Wall Street' - Twitter Trends Show People Are Fed Up With Banks and OligarchsAs the coronavirus outbreak causes havoc to the world economy, the U.S. is trying to prepare for the onslaught of new cases. U.S. politicians crafted shelter-in-place orders in various states and shut down a decent fraction of American industries. Now politicians are penning an enormous bailout package and American citizens are fighting about whether or […]

The post #NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs appeared first on Bitcoin News.

Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights

In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from the White House believe that the grounding of U.S. passenger planes and […]

The post Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights appeared first on Bitcoin News.

‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus

For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019. The […]

The post ‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus appeared first on Bitcoin News.

Fantasy Sports Giant Fanduel Now Accepts Bitcoin Cash

The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via the digital currency payment provider Bitpay. Also Read: More Than 70 Projects and Applications Built Around Bitcoin Cash Fanduel Adds Bitcoin Payments via Bitpay Fantasy […]

The post Fantasy Sports Giant Fanduel Now Accepts Bitcoin Cash appeared first on Bitcoin News.