For Two Weeks Straight, Banks Boost Borrowing from Fed – What’s the Inside Scoop?
Banks in the US have continued to increase their borrowing from the Federal Reserve, marking the second week in a row where this has been the case. This indicates that stresses on the financial system have yet to entirely dissipate. With borrowing increased by $11.3 billion for a total of $155.2 billion within the seven […]
“Bitcoin Outflows Skyrocket to $368M in Mid-April – BofA Strategists Reveal Unprecedented Surge!”
Bitcoin Outflows Reach New Highs as Investors Seek Safer Havens: A Comprehensive Analysis In the second week of April 2021, Bank of America (BofA) strategists reported that outflows from Bitcoin reached a staggering $368 million. This comes amidst increasing discussions surrounding the environmental impact of the digital currency’s mining process, and as investors seek out […]