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Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec
14.9.2022
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment
Bitcoin is a 'wild card' set to outperform, says Bloomberg analyst
8.9.2022
The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets
VCs pour $14.2B into crypto in H1 2022, but investments now slowing
7.9.2022
KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market
Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high
6.9.2022
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022
Ether Futures See Unusually High Liquidations as Funding Rates Point to Bearish Sentiment
31.8.2022
Ether liquidations were more than double those of bitcoin as trading intensified ahead of Ethereum's Merge event next month
Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession
30.8.2022
U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool bag that deals directly with” the causes of inflation,...
Dollar Soars as Fed Announces High-Interest Rates
29.8.2022
The week started with the US dollar soaring through the roof. The safe haven briefly crossed its 20-year highs against multiple currencies as the Fed indicated high-interest rates for some more time. According to Jerome Powell, the Federal Reserve Chair, the interest rates will help bring down...
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
26.8.2022
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid...
Why September is shaping up to be a potentially ugly month for Bitcoin price
26.8.2022
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
22.8.2022
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since...
Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time
18.8.2022
Increasing and elevated U.S. interest rates are headwinds for bitcoin, one researcher said
JPMorgan Boss Jamie Dimon Warns ‘Something Worse’ Than a Recession Could Be Coming
16.8.2022
JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economy, including a chance of “something worse” than a recession. “There are storm clouds,” the executive said, citing interest rates, QT, oil, Ukraine, war, and China. JPMorgan Chief Jamie Dimon’s...
Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH
16.8.2022
After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes...
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
12.8.2022
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail...
As Interest Rates Rise, a Silent Vampire Attack on Crypto
8.8.2022
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
7.8.2022
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end...
Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer
5.8.2022
Jonathan Munemo, Professor of Economics, Salisbury University._____
The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries...
Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer
5.8.2022
Jonathan Munemo, Professor of Economics, Salisbury University._____
The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries...
Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation
4.8.2022
The legislature this month approved a bill regulating crypto mining and trading in the country
Bank of England Raises Interest Rate by Most Since 1995
4.8.2022
The Bank of England has raised interest rates by 50 basis points to 1.75%, its biggest single increase since 1995, amidst concerns that U.K. inflation will be significantly above 10% next year