Tags : Package

Bitcoin

Bitcoin Price Eyes More Explosions as Biden Considers New $3tn

Bitcoin investors keen to profit from Joe Biden’s presidency have received another bullish update from the oval office: a $3 trillion government spending package. According to two sources in the White House, Mr. Biden is considering a plan from his top advisors to boost infrastructure, clean energy, childcare, and education with another stimulus. The additional […]Read More

Market

Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market

Bitcoin’s two-day rally has stalled as the U.S. dollar gains ground in the wake of Joe Biden’s fiscal stimulus announcement. The U.S. President-elect proposed an emergency relief package worth $1.9 trillion at around 00:15 UTC when bitcoin was changing hands near $39,600. At press time, the leading cryptocurrency by market value is trading down near […]Read More

Market

Why Joe Biden’s $3T Stimulus Package Could Add Fuel to

The Democratic party narrowly triumphed in Georgia elections held earlier this week, wresting control of the U.S. Senate from the Republicans. As such, the Democratic-controlled House of Representatives now has more freedom to implement its policies. Analysts at UBS Bank believe the unified government legislature will smooth the path to more fiscal stimulus. According to […]Read More

Bitcoin

Bitcoin Edges Lower After Trump Rejects COVID-19 Stimulus Package

An overnight rally in the Bitcoin market paused midway as Donald Trump rejected a nearly $900 billion stimulus bill that passed both the Democrat-controlled House and the Republican-held Senate. The bitcoin-to-dollar exchange rate slipped 1.13 percent to $23,554 in the pre-European session Wednesday. Traders apprehensively reduced their exposure to the cryptocurrency, anticipating that a delayed […]Read More