The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates

The Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest RatesThe European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […]

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Holders Gather 233K BTC This Year, While Bitcoin Cash Savers Outshine Composition by Time Held

Holders Gather 233K BTC This Year, While Bitcoin Cash Savers Outshine Composition by Time HeldMarket data from Glassnode shows that bitcoin holders have increased their positions by 233,000 BTC since January 1, 2020. However, when it comes to holders making money at the current price, bitcoin cash and bitcoinsv have performed better and the concentration of large holders is larger too. As far as “holders’ composition by time held” […]

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Initiative to Curtail Negative Interest Rates Gains Traction in Germany

Ban on Negative Rates Initiative Gains Traction in GermanyNegative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small saver, […]

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