Tag: Bitcoin

Decentralized oracle solution Chainlink reaches Bitcoin via RSK smart contract ecosystem 

Oracle solution Chainlink has been introduced to Bitcoin’s smart contract network RSK after teaming up with IOV Labs. The decentralized finance movement is still largely geared around Ethereum, but projects like RSK are on a mission to change that. The move paves the way for RSK developers to access external price and data feeds and […]

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Can the Fed’s Prolonged Low-Interest Rates Lead Bitcoin to the Upside?

Can the Fed’s Prolonged Low-Interest Rates Lead Bitcoin to the Upside?

The Federal Reserve or Fed has announced an “average inflation targeting” plan to drive the annual inflation rate above the standard 2% mark, which will keep interest rates close to zero. The Fed’s new approach to inflation policies signal that interest rates will be kept near-zero in order to achieve the target. Ultimately, these drastic […]

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Why Bitcoin Mixers are an important tool for maintaining anonymity in 2020

For a long time, Bitcoin was considered a tool for criminals and money launderers. Bitcoin gained this reputation first and foremost through its first major application, the dark net platform “Silkroad”. This was an online black market and the first modern dark net market, released in 2011, which was notorious for selling illegal goods. Payments […]

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Federal Reserve Chairman Jerome Powell on New Inflation-Focused Policy; Bitcoin Drops 1.5% Overnight

Federal Reserve Chairman Jerome Powell on New Inflation-Focused Policy; Bitcoin Drops 1.5% Overnight

At the much anticipated Jackson Hole Economic Symposium conference on August 27 held in the state of Wyoming, Federal Reserve Chairman Jerome Powell officially announced the changes in US monetary policy going forward where the Fed will focus on increasing inflation as its main approach to the recovery of the US economy. The Fed’s “average […]

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Return of the Bear? Crypto Market Plunges After Fed’s Shift in Monetary Policies

Return of the Bear? Crypto Market Plunges After Fed’s Shift in Monetary Policies

The so-called safe-haven assets such as gold and Bitcoin were under heavy selling pressure last night as the US Federal Reserve (Fed) announced new shifts in policies. Fed Chair Jerome Powell’s approval of a higher inflation goal and prolonged low-interest rates are two main approaches the Fed is taking in an attempt to stimulate the […]

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