April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week
Cointelegraph
Published Apr 04, 2020 03:53PM ET
Updated Apr 05, 2020 06:20PM ET
Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer.
In the meantime, the Federal Reserve now appears to have merged into the federal government. An opinion piece in Bloomberg has described how an alphabet soup of financial programs intended to help the economy through the current crisis is allowing the government to buy up securities through the Fed. The result could allow the government to manipulate markets. That’s something to look forward to when this is all over.
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Written By: Cointelegraph
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