List of Flash News about Economic Impact Payments
| Time | Details |
|---|---|
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2025-11-09 18:21 |
US $600B Stimulus Checks Claim Puts BTC, ETH on Watch: Historical EIPs Preceded 2020-2021 Crypto Rally
According to @cas_abbe, the US government is planning to distribute nearly $600 billion in new direct payments to households, echoing prior stimulus checks that preceded a major crypto rally; source: @cas_abbe tweet dated Nov 9, 2025. For context, the IRS and U.S. Treasury disbursed over $800 billion across three Economic Impact Payment rounds in 2020-2021, a period during which BTC rose from about $10,000 to near $69,000 and ETH reached record highs; source: U.S. Department of the Treasury/IRS EIP disbursement reports; CoinMarketCap historical price data. Coinbase also reported a spike in $1,200-sized deposits immediately after the first EIP round, indicating retail inflows into crypto; source: Brian Armstrong (Coinbase CEO) tweet on Apr 16, 2020. Traders are watching for official confirmation via Treasury or IRS releases and enacted legislation before positioning for liquidity-driven moves in BTC and ETH; source: U.S. Department of the Treasury; Internal Revenue Service; Congress.gov official communications. |
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2025-11-09 15:25 |
Trump Says 2,000 Per-Person Dividend; Trading Takeaways for Stimulus, Stocks, and Bitcoin (BTC)
According to @StockMKTNewz, President Trump stated that a dividend of at least 2,000 per person, excluding high-income individuals, will be paid to everyone; the cited post provides no bill text or agency guidance, indicating this is a headline without official policy details yet (source: @StockMKTNewz on X, Nov 9, 2025). Any such direct payments would require Congressional authorization, as prior Economic Impact Payments were enacted through the CARES Act, the Consolidated Appropriations Act, and the American Rescue Plan, not via executive announcement alone (source: IRS Economic Impact Payments overview). Historical evidence shows stimulus checks quickly raised household spending, especially among lower-income households, which is relevant for risk assets if comparable transfers are legislated (source: NBER Working Paper 27097 by Baker et al., 2020). Anecdotally, crypto inflows spiked around prior checks; Coinbase reported many 1,200 deposits matching the first EIP amount in April 2020, suggesting potential incremental demand for BTC and ETH when cash transfers are disbursed (source: Brian Armstrong on X, Apr 16, 2020). Traders should monitor official communications for eligibility thresholds, timing, and payment rails, as these details drive the magnitude and timing of the fiscal impulse and market impact (source: U.S. Treasury and IRS guidance for prior EIP distributions). |
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2025-10-04 09:42 |
Trump Considering New Stimulus Checks, Claims Crypto Rover: 3 Data Points Traders Need to Know for Bitcoin (BTC)
According to @rovercrc, former President Trump is considering stimulus checks similar to COVID-era relief, which could be relevant for BTC liquidity positioning. Source: @rovercrc post on X dated Oct 4, 2025. During the pandemic, the U.S. issued three Economic Impact Payments—up to $1,200 (2020 CARES Act), $600 (Dec 2020), and $1,400 (Mar 2021)—expanding household cash balances. Source: U.S. Department of the Treasury and IRS EIP program summaries. Over the same 2020–2021 period, Bitcoin (BTC) advanced to new highs, reaching roughly $64,000 in April 2021 and about $69,000 in November 2021, illustrating a favorable backdrop for risk assets during elevated transfer periods. Source: Yahoo Finance BTC-USD historical data. Government transfers drove a sharp jump in U.S. personal income in April 2020, highlighting the liquidity injection to households that can spill over into risk markets. Source: U.S. Bureau of Economic Analysis, Personal Income and Outlays, April 2020 release. Regulators observed elevated retail trading activity amid early-2021 stimulus, reinforcing the link between direct transfers and risk taking. Source: U.S. Securities and Exchange Commission, Staff Report on Equity and Options Market Structure Conditions in Early 2021 (Oct 2021). |