Bookmarking Crypto Insights
Auto Added by WPeMatico
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal Reserve to slash rates … Read more
The Fed’s emergency interest rate cuts have spurred a flurry of lenders to seek blockchain-based loans with Morgan Creek-backed fintech Figure Technologies Go to Source Powered by WPeMatico
The Fed is piling in dollars with no intrinsic value to “help” bank liquidity in the wake of coronavirus volatility Go to Source Powered by WPeMatico
Facebook’s Libra, as well as CBDCs, could lead to changes in currency usage preferences, and ING economist explained Go to Source Powered by WPeMatico
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. The announcement didn’t have a … Read more
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised The Wave of a Central Bank Digital Currency Robert … Read more
The compromised reputation of the crypto industry is the main obstacle for the banking sector’s integration into the space Go to Source Powered by WPeMatico
The Fed may bring short-term rate under 1% this year, traders are betting as coronavirus continues its spread Go to Source Powered by WPeMatico
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s expected to drop to 1.8% after the halving event. The cryptocurrency’s inflation rate … Read more
For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019. The … Read more
