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Biden’s recovery plan includes stricter tax policies for multinational companies. The incumbent US president Joe Biden has revealed an infrastructure and economic recovery package worth over $2 trillion. The new package is part of the administration’s plan to recover the nation’s economy as the pandemic eases. Biden unveiled the infrastructure
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The massive stimulus bill was passed through Congress without any actual backing from the Republicans.On Thursday afternoon, US President Joe Biden signed the $1.9 trillion stimulus package as the coronavirus relief bill. The President’s approval comes immediately after the House of Democrats approved the bill earlier this week.This is the
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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
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What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole.This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.As the dust (finally? sort of?) settles on elections that began last year, the Democrats are looking
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The Democratic House Speaker said if a deal isn't reached by Tuesday evening, a package won't be likely before Nov. 3. Source
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Coinbase's CEO has issued a company-wide letter informing employees to get in line with a new cultural shift or take a severance package. Source
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The Dow Jones fell 320 points on Friday.Bears took control after Nancy Pelosi destroyed hopes of more fiscal stimulus from Congress.Better than forecast Michigan consumer sentiment shows the U.S. economic recovery is still in motion.The Dow Jones dropped sharply to close the week, as hopes of additional coronavirus stimulus continue
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Bitcoin broke out of a narrow technical range to close above $9,300 this Tuesday.The jump appeared after the European Union leaders confirmed a €1.8 trillion ($2.06 trillion) stimulus package.The cryptocurrency now eyes bullish continuation beyond $9,400, a resistance level it failed to break twice in the last three weeks.Bitcoin jumped
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A month after the massive $2 trillion stimulus bill passed and the U.S. Senate has approved a supplemental $484 billion aid package to help small businesses and hospitals get through the tough times. The package, which was the subject of frenetic negotiations over the past two weeks, allocates $380 billion towards
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Tokyo-based financial services company, Monex Group, recently announced that shareholders in the firm will receive bitcoin as part of the year-end benefit package for 2019. 500 Yen Worth of Bitcoin for Coincheck Users The company made the announcement on Monday, March 23, 2020. According to the Japanese firm, shareholders will receive 500 yen
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