Despite St. Louis Branch Warnings, New York Fed Pumps $108 Billion Into US Economy

On Wednesday, November 27, the U.S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more liquidity into the faltering U.S. economy, but economists from the St. Louis Federal Reserve branch say too much money-printing Continue Reading

Kraken, One of Oldest Bitcoin Exchanges, Joins Silvergate Exchange Network

Major United States-based crypto exchange Kraken joined the Silvergate Exchange Network, following Winklevoss’ Gemini. Kraken, one of the largest and oldest Bitcoin (BTC) exchanges in the world, has joined the Silvergate Exchange Network (SEN). By joining SEN, the United States-based cryptocurrency exchange enables its clients to deposit and withdraw U.S. Continue Reading