Tags : checks

Bitcoin

Crypto Exchange Inflows Swell as Stimulus Checks Arrive, But Will

When the U.S. Congress approved Biden’s $1.9 trillion pandemic response stimulus package last week, the crypto market boomed as Bitcoin surged to an all-time high. The largest cryptocurrency rose to over $61,500, led by optimism that the stimulus payments would be a boon to the digital asset’s months-long rally. However, as traditional equity markets showed […]Read More

Bitcoin

Stimulus Checks Arrive: Is Bitcoin Set to Hit Another Record

US retail traders are gearing up to put billions of dollars into the bitcoin market when stimulus payments begin entering bank accounts later this week, adding more speed to a trading frenzy that swept the cryptocurrency industry last year. Small investors are likely to buy almost $40 billion worth of bitcoin and rival cryptocurrencies when […]Read More

Bitcoin

2 in 5 Americans to invest stimulus checks into Bitcoin

A new survey found investors were more likely to bet on Bitcoin and other cryptocurrencies ahead of stocks with the proceeds from the upcoming round of stimulus checks. The checks are coming for Bitcoin Japanese megabank Mizuho found in a recent survey that stimulus check recipients in the US were more likely to invest in […]Read More