Search
Banks Should Pay Interest on CBDCs to Reduce Tax Avoidance – Report
4.12.2020
Too much stick and not enough carrot might be the wrong approach for those wishing to impose taxes on digital currencies: This was the surprising conclusion of a new report commissioned by the South Korean central bank, the Bank of Korea (BOK).
Per EDaily, the report was co-authored by Jaevin Park...
CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market
29.11.2020
Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month...
Data shows Bitcoin price drops days after BTC futures open interest hits $1B
28.11.2020
Data shows Bitcoin has a pattern of sharply correcting after the open interest on BTC futures tops $1 billion
Record $7.4B Bitcoin futures open interest shows pros still expect $20K BTC
26.11.2020
Bitcoin price fell short of reaching $20,000, but record high open interest on BTC futures shows pros are still bullish
Blockchain Mag Gets Royal OK, Crypto Comedians Question Queen’s Bitcoin Interest
25.11.2020
A letter from Queen Elizabeth II’s office pertaining to blockchain has sent the crypto community into a monarchic meltdown of speculation about the British ruler’s bitcoin (BTC) interest – with some jokingly suggesting the 94-year-old sovereign may be sitting on a stash of satoshis…or could even...
Interest in XRP Highest in Two Years as Price Rides A Rollercoaster
24.11.2020
The interest in the term 'XRP' has reached its highest point in more than two years, as the price of the third-biggest cryptoasset by market capitalization has more than doubled in a week.
According to Google Trends, the interest in this Ripple-affiliated project is now highest it has been since...
What Would Negative Interest Rates Mean For Borrowers And Savers?
22.11.2020
Source: Adobe/UMB-O
Harry Scheule, Professor, Finance, UTS Business School, University of Technology Sydney.
____
There’s a row brewing in the corridors of financial power. The Reserve Bank of New Zealand (RBNZ) recently advised the trading banks that the official cash rate might move from...
Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked
22.11.2020
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell...
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
19.11.2020
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and...
UK’s CBDC Could Facilitate Negative Interest Rates - Bank of England
19.11.2020
Should the Bank of England decide to issue a widely used central bank digital currency (CBDC), the move could help the country’s economy to benefit from negative interest rates, according to Andy Haldane, the central bank’s Chief Economist and Member of the Monetary Policy Committee.
“On...
CME Sees Record High Open Interest for Bitcoin Futures on Wave of Institutional Inflows
17.11.2020
Open interest surged to $976 million Monday
Poloniex Lists SENSO As Sensorium Galaxy’s Partnership Spree With World-Class Artists Accelerates
17.11.2020
With COVID-19 cases on the rise and the world’s top economies re-considering strict lockdown measures, cryptocurrency exchange Poloniex has taken an interest in SENSO — a token focused on bringing high-quality entertainment into the rapidly expanding VR space. Poloniex Lists SENSO...
Mixing Colors in Pure CSS
16.11.2020
Red + Blue = Purple… right?
Is there some way to express that in CSS? Well, not easily. There is a proposal draft for a color-mix function and some degree of interest from Chrome, but it doesn’t seem right around the corner. It would be nice to have native CSS color mixing, as it would give...
300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING
15.11.2020
A new report reveals that more than 300 banks in Germany are now charging some customers negative interest rates. Some are big global banks, including Deutsche Bank, Commerzbank, and ING. 300 Banks Pass on the Burden of Negative Interest Rates to Customers Banks in Germany have been increasingly...
BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K
15.11.2020
Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that...
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
Macro factors could bring Bitcoin to $1 trillion market cap, strategic investor say
12.11.2020
Strategic investor Lyn Alden says 2020 macroeconomic environment is extremely favourable to Bitcoin
Pfizer’s Pandemic Vaccine News Fails to Dampen Interest in Bitcoin
11.11.2020
The recent announcement by Pfizer of a potential Covid-19 vaccine sparked an immediate rally of global stocks worst hit by the pandemic response. The rally helped major indices including the New York Stock Exchange (NYSE) Composite Index and Europe’s Stoxx to go up by approximately...
Cuba’s exploding crypto interest comes amid an absence of regulation
11.11.2020
Monetary reforms and a lack of regulation mean crypto is booming in Cuba