Speechwriter for Former US President George Bush Says BTC Rally Driven by ‘Historically Low Interest Rates’ – Economics Bitcoin News

A speechwriter for former U.S. President George W. Bush and a bitcoin critic, David Frum has claimed that the low-interest rates are fueling the crypto asset’s rally. Frum suggests that the crypto asset might experience a “fast and deep price crash” if and when interest rates start to rise. Institutional Interest in BTC In comments … Read more

How Bitcoiners Should Watch the US Federal Reserve Meeting on Wednesday – CoinDesk

It’s the debate the Federal Reserve isn’t ready to have yet: How to keep inflation from spiraling out of control once the economy opens back up.  Considering the devastating toll from the coronavirus and the trillions of dollars of stimulus pumped into the financial system over the past year, top economists say the looming transition … Read more

David Hoffman: Ethereum: The Last Bastion for Yield – CoinDesk

In the legacy financial world, yield has dried up. Yields on U.S. Treasury bonds have never been lower. The 10-year Treasury bond now offers you a less than 0.9% return. At around 2.1%-2.3%, AAA corporate bonds aren’t doing a whole lot better. Knowing this, while also hearing about the Federal Reserve’s strong intentions to get … Read more