Cryptocurrency Analysis and News Portal
Lending and borrowing cryptocurrencies is becoming an increasingly important sub-sector of crypto finance, one that may end up shaping how the underlying assets themselves are valued and priced in the markets. While still in its infancy, the growth of crypto lending platforms has given birth to a new type of measuring
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The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it. That was the conclusion of a fresh working paper on so-called central bank digital currencies (CBDCs) by Ulrich Bindseil, the bank’s Director General of
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The European Central Bank under the new leadership of Legarde, has confirmed work on the digital Euro is underway with ‘several options’ being considered. This news comes as numerous countries also announced their intention to move from fiat to digital currencies moving towards a cashless society everywhere. My message is that while
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Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price does not go up.Twitter account dedicated to Bitcoin Rhythm pointed out in a tweet from Nov. 7 that the
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For the third time this year, the U.S. Federal Reserve has cut interest rates amid a global economic slowdown. However, BTC price stays stable.The U.S. Federal Reserve has lowered interest rates by a quarter of a percentage, exactly rate by 25 basis points to a range of 1.5% to 1.75%,
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Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines.Lowest rates in the blockchain ecosystemIn a press release published Oct. 22, Nexo announced that it was lowering interest rates on its credit line service after securing long-term cost-efficient financing. The
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Cryptocurrency exchange Seed CX has cut its fees to gain market share as competition piles into the crypto trading space. Margin compression across the industry is the result of the most popular exchange services become commoditized as crypto usage
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In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed
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Central banks around the world are on a negative rate binge to further a compelling case for bitcoin.. | Source: ShutterstockBy CCN Markets: In Denmark, some depositors are now paying the bank to look after their money.In Germany, the 30-year bond yield just went negative.A total $17 trillion of
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