It didn't really matter to bitcoin traders that the Federal Reserve's meeting this week was so anticlimactic. The real action is ongoing – in the form of more money injections.
The Federal Reserve said Wednesday it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy.
As the dollar faces a diluted world status, cryptocurrencies like ether and bitcoin are soaring, with a popular sentiment index now registering "greed."
Calls to restrict the Fed's money printing powers fail to recognize the likely consequences, including price instability.
The Federal Reserve's balance sheet is shrinking but bitcoin investors are betting it's only a matter of time before the economic toll of the coronavirus leads to more money printing.
The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion that is not necessarily bad news for bitcoin.
Forecasts of the dollar's demise are premature. Demand for greenbacks has never been stronger, says our columnist.
After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.
Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.
There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.
Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.
Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin.
A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.
With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.
Bitcoin investors think "it's only a matter of time" before the U.S. experiences rocketing inflation.