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Tag: stimulus payments

Digital Banking Challenger Current Confirms it Got Americans Stimulus Payments in their Accounts 5 Days Before Old Bank Users

Digital banking challenger Current confirmed on March 12, 2021, that it began receiving and crediting stimulus payments “as of 11 am. ET on...

Crypto Exchange Inflows Swell as Stimulus Checks Arrive, But Will it Matter?

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 mixed signals on Monday with a string of bad news, Bitcoin plummeted more than 10% alongside the broader crypto market. […]

CBDCs do not threaten Bitcoin — their success might depend on it

A little less than two years ago, the International Monetary Fund (IMF) published a research paper on the rise of digital money.

The post CBDCs do not threaten Bitcoin — their success might depend on it appeared first on CryptoSlate.

US Retail Sales, Excluding Automotive and Gasoline, Surged 4.6% YoY, Online Sales Up 54.7%, Mastercard Reports

Mastercard (NYSE:MA) reveals that February 2021 was yet another huge month for digital commerce, which increased 54.7% year-over-year (YOY). Mastercard pointed out that despite...

Visa Reveals that 85% of Surveyed Consumers Expect Digital Payments Options while Making In-Store Purchases

Visa confirms that a year into the Coronavirus pandemic, digital payments continue to “keep money moving.” The company’s latest report reveals that consumer...

Stimulus Checks Arrive: Is Bitcoin Set to Hit Another Record High?

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

$23,000,000,000 in Stimulus Checks May Be Used to Buy Bitcoin: Survey

Investment bank Mizuho Securities is reportedly saying that tens of billions of dollars may be used to buy Bitcoin as Americans receive a new batch of direct stimulus payments. In the coming days, Americans can expect a total of $380 billion in stimulus checks as part of U.S. President Joe Biden’s $1.9 trillion relief package. […]

The post $23,000,000,000 in Stimulus Checks May Be Used to Buy Bitcoin: Survey appeared first on The Daily Hodl.

Will the U.S. Government Allow $40 Billion Stimulus Check Inflow to Bitcoin?

Last week, U.S. President Joe Biden passed the $1.9 trillion COVID-19 relief package while kickstarting the stimulus check bank deposits by the last weekend. As per the CNN report, nearly 90% of American households shall be eligible for the $1400 stimulus checks. There’s some excitement around that some of the retail players will put part

The post Will the U.S. Government Allow $40 Billion Stimulus Check Inflow to Bitcoin? appeared first on Coingape.

About $40 billion from stimulus payments may be spent on Bitcoin

After the stimulus package worth trillions of dollars received the green light from US authorities, many Americans received their own stimulus checks. US citizens have decided to put these funds to in

The post About $40 billion from stimulus payments may be spent on Bitcoin appeared first on AMBCrypto.

11 Facts + Stats on Smishing (SMS Phishing) in 2021

If you’ve ever received a text message saying there was some kind of problem (like with your “recent delivery” or your PayPal account...

Digital Banking Challenger Current Reveals that Average Tax Refund Size Is Just Over $2K, Money Sent with Current Pay Increased Nearly 10%

Current, one of the leading digital banks in the US, reveals that it’s been a busy few weeks at the company as they...

Fraud Prevention During the Pandemic

When the economy is disrupted, fraud goes up, so let's not ignore the lessons we can learn from previous downturns.There's one fraud pattern...

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