Month: December 2020

As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains

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Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank is prepared to expand its colossal stimulus program. Meanwhile, Federal Reserve Chair … Read more

Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What’s Driving Massive Growth

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The Indian cryptocurrency industry is experiencing massive growth. New traders are flooding crypto exchanges, executives from four of the largest crypto trading platforms in India exclusively told news.Bitcoin.com. They also share their views on what drives the Indian crypto market, current traders’ sentiment, and institutional interest in crypto in India. Massive Growth of New Crypto … Read more

Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans

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Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds, crypto miners, and over-the-counter trading desks. According to a report that quotes Tom Jessop, the … Read more

Belgian Regulator Warns of Crypto Scammers That Target Male Tinder Users With Fake ICOs

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The Belgian regulator, the Financial Services and Markets Authority (FSMA), says scammers are employing new techniques which target Tinder and Facebook users. Using what the FSMA terms an “emotional scam,” criminals are targeting male users of the dating app Tinder with promises of exceptional returns on investments. However, the purported investments are in fact part … Read more