America’s central bank is once again expanding its balance sheet, this time through a “disguised quantitative easing program,” and crypto experts say it could propel bitcoin to new heights. The US Federal Reserve’s balance sheet includes a large number of distinct assets and liabilities. When interest rates begin to rise, the Fed pumps more money into the system by purchasing treasuries, which means the banks have more cash available to lend and lower interest rates, according to a CoinDesk report. In October, the Fed’s assets grew by over $162 billion to register the biggest monthly rise since 2008. Popular analyst ... (full story)