Macro factors could bring Bitcoin to $1 trillion market cap, strategic investor says
Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin. Go to Source Powered by WPeMatico
interest rates
Auto Added by WPeMatico
Circle’s high-yield USDC business accounts take aim at DeFi
High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols Go to Source Powered by WPeMatico
‘Price of Tomorrow’ author says Bitcoin is a ‘lifeboat’ amid financial turmoil
Escalating debt and inflation could result in years of stormy weather for global economies Go to Source Powered by WPeMatico
Fed expects near 0% interest rates for years, potentially boosting BTC’s value proposition
Bitcoin keeps looking better and better each time the U.S. devalues its own currency. Go to Source Powered by WPeMatico
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi project Aave (the Finnish word for ‘ghost’) has seen … Read more
Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement
The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called “Ameribor” may not be for everyone. The United States Federal … Read more
Delta Cryptocurrency Exchange Launches Interest Rate Swaps
The Singapore-based crypto exchange is launching interest rate swaps that allow traders to speculate on the rates themselves. Go to Source Powered by WPeMatico
Negative Interest Rates Give BTC an Opportunity to Shine, Report Claims
Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report. Go to Source Powered by WPeMatico
US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’
The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on the economic situation and … Read more
Celsius Lists Libra Challenger for 9.9% Potential Interest
Celsius Network platform lists Saga’s SGA stable asset, allowing up to 9.9% annual interest Go to Source Powered by WPeMatico