$135B Injection from European Central Bank Dwarfs BTC Market Cap

in #news4 years ago

$135B Injection from European Central Bank Dwarfs BTC Market Cap

"Following similar efforts from the U.S., the ECB plans to inject $25 billion more than Bitcoin’s entire market cap into finance"

Read more: cointelegraph.com

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Peter Schiff: 'Bitcoin Not Being the Worst Performing Asset of the Decade'

Gold bug Peter Schiff has tweeted out that bitcoin hodlers can “take comfort” that BTC isn’t the worst performing asset of the decade so far, as oil is failing behind the flagship cryptocurrency.

Read more: www.cryptoglobe.com

BitMEX CEO Explains How Central Banks Could Propel Bitcoin to $20K by Year End

On Thursday (March 12), Arthur Hayes, Co-Founder and CEO of crypto derivatives exchange BitMEX explained actions by the world's central banks, in the wake of the COVID-19 pandemic, could propel the Bitcoin price to $20,000 by the end of 2020.

Read more: www.cryptoglobe.com

Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout

Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. P...

Read more: news.bitcoin.com

Why Bitcoin Is Falling Despite Claims That It Was a ‘Safe Haven’ Asset

On Thursday (March 12), the price of Bitcoin dropped below $6K for the first since 8 May 2019. This article discusses some of the reasons for today's flash crash in the crypto markets.

Read more: www.cryptoglobe.com

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