Stimulus

Stimulus

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Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.

Bitcoin price on 10 11 (CoinDesk)

금융

Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?

Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.

Monedas. (Adam Gault/Getty Images)

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COVID-19 Stimulus Checks Fueled 'Modest' Jump in Bitcoin Price Last Year: Cleveland Fed

Policymakers should not be concerned, the researchers wrote: Only 0.02% of coronavirus-relief checks ended up in bitcoin.

helicopter money

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Fed's Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved

The Fed's taper talk presents downside risk to liquidity-addicted financial markets.

St. Louis Federal Reserve President James Bullard

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What Would Biden’s Tax Hikes Mean for Bitcoin?

Tax hikes could encourage profit taking in cryptocurrencies, but some investors remain bullish as ongoing stimulus could trigger inflation.

President Joe Biden meets Monday with members of Congress on his infrastructure and jobs plan.

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Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low

Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.

CoinDesk Bitcoin Price Index

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No 'Stimmy' Rally: Why the $1,400 Checks Brought So Little Bitcoin Stimulus

Slowing bitcoin volume suggests retail traders are less active with their "stimmy" checks compared to 2020.

President Joe Biden delivers remarks this week on his proposed American Jobs Plan.

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US Bitcoin Exchanges See No Major Uptick in Stimulus-Related Buying

The stimulus checks are in the mail so it might be too early to call the hyped-up episode a dud.

U.S. President Joe Biden speaks Thursday at a press conference.

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Bitcoin 1Q Retail Flow Exceeding Institutional Investment: JPMorgan Strategist

The decline in institutional investment may be one reason behind bitcoin's failure to hold above $60,000.

Total bitcoin flows

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Nearly $40B in US Stimulus Checks May Be Spent on Bitcoin and Stocks: Mizuho Survey

The survey by Mizuho Securities estimates that 10% of the $380 billion to be issued as checks could be used to invest.

Mizuho