Search Results for "treasury bitcoin alternatives"
Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"
The Federal Reserve Bank suffered a massive outage on its system, lending credence to the superiority of Bitcoin as a decentralized network.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin
Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.
Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?
House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package.
Alternatives of USDT Gained Wider Merchant Access including Microsoft
Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.
Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy
Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.
Former US Head of Treasury Lawrence Summers Backs Cryptocurrency
In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.
US Treasury Secretary Janet Yellen Cites Crypto’s Growing Role in Terrorism Finance
US Treasury Secretary Janet Yellen said she sees the “promise” of cryptocurrency but also is wary of the reality that crypto is increasingly being leveraged to finance terrorism
Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom
Microsoft is in talks to acquire TikTok from China’s ByteDance Ltd, promising to address privacy concerns that have President Trump calling for the social video apps ban. But could a TikTok ban be good for Bitcoin?
XRP Token is Classified as a Non-Security by the UK Treasury
The UK has released a report for crypto assets and stablecoins to deliver a more comprehensive overview of its financial system.
What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?
Brian Armstrong, CEO of Coinbase, warned that the Trump Administration may be targeting Bitcoin on its way out of office through regulation, but what impact could it have?
Bitcoin Price Drop, An Aftermath of Janet Yellen Calling the Cryptocurrency "Extremely Inefficient"
The crypto market with Bitcoin in the lead is down following comments from Treasury Secretary, Janet Yellen that BTC is mainly used in crime and is inefficient.