The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases.
The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.
With a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well.
House Speaker Nancy Pelosi said she is “optimistic” after the Trump administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline.
"The Speaker continues to hope that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election," her spokeswoman tweeted.
The House Speaker said if a deal isn't reached by Tuesday evening, a package won't be likely before Nov. 3.
There's still a chance a stimulus package can be passed before the presidential election, but those chances are fading, said the U.S. president.
The U.S. House Speaker says President Trump's recently boosted proposal still doesn't go far enough.
Bitcoin is up 54% this year on speculation that trillion-dollar stimulus efforts by governments and central banks will lead to inflation.
Lawmakers are urging President Trump to consider blockchain solutions in the fight against COVID-19.
Bermuda is looking to speed up the distribution of financial aid to its citizens and has begun trialing a digital stimulus token.
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.
Wealth and age determine when and how 250 million Americans get their stimulus payments, says our columnist J.P. Koning.
Exchanges like Coinbase are reporting a spike in deposits matching the $1,200 value of U.S. government stimulus checks.
Andrew Yang, ex-presidential contender and friend of crypto, says today's stimulus won't get Americans through the crisis. (Also, he might run for NYC mayor.)