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Bitcoin mints more than 13,000 'wholecoiners' in the past seven days
20.6.2022
Small wallet addresses–those containing 0.1 Bitcoin or more–continue to accumulate Bitcoin at a rapidly increasing rate
Savings Bank Heavyweight OK Financial Group Reveals Cryptoasset Launch Plans
11.6.2022
South Korea’s OK Financial Group – one of the nation’s biggest moneylenders and savings banking services providers – has unveiled plans to create a cryptoasset. The company will become one of a growing cohort of firms that are hoping to launch tokens, and this appears to indicate that the days...
Binance Adds Eight New Assets to Its Flexible Savings
2.6.2022
Binance has added eight new assets to Flexible Savings, a value-added service provided by Binance to its users. The assets added include DNT, BEL, JST, OP, LTO, RAD, UFT, and RVN. Binance shared the update on the official website with certain terms and conditions. Subscriptions close after...
The Fed’s Christopher Waller Wants 50 bps Rate Hikes Until Inflation Subsides, US Savings Data Plummets
31.5.2022
Federal Reserve governor Christopher Waller has detailed he is ready to get behind 50 bps rate hikes until the extreme inflationary pressures plaguing the U.S. economy subsides. Waller stressed that until inflation is reduced he doesn’t “see the point of stopping” 50 bps rate...
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble
30.5.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Michael...
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
21.5.2022
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has suggested. Cryptocurrency...
European families see crypto as a tool to increase savings: Survey
20.5.2022
The study noted that three out of five European respondents declared a 50% growth in their crypto investments
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
7.5.2022
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned...
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...
Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin
26.4.2022
If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account
Report: Afghans Use Crypto to Curb Taliban’s Influence on Their Financial Well-Being
26.4.2022
Afghan residents are reportedly acquiring digital assets that they use to preserve their savings and to diminish the ruling Taliban’s ability to affect their financial well-being. Since the militant group seized control, the value of crypto transactions per week has in some cases doubled,...
Argentinians Are Now Using P2P Markets to Multiply Their Savings
16.4.2022
Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers....
Ukraine’s largest savings bank halts Bitcoin buys with hryvnia: Report
18.3.2022
Despite Ukraine progressing with crypto regulation, locals are reportedly unable to buy Bitcoin using their bank accounts at PrivatBank
Veteran Trader Peter Brandt Gives Gen Zers Advice: ‘Contribute Monthly Savings to Bitcoin and Hold’
11.3.2022
Popular commentator and veteran trader Peter Brandt gave advice to Gen Zers on Thursday and said that they should contribute savings to bitcoin and stocks of solid companies. In the same Twitter thread, Brandt noted that “crypto is still unproven,” but also said that those that know...
US Labor Dept warns of crypto risks in retirement plans
11.3.2022
“Significant risks” — Cryptocurrencies have attracted the attention of U.S. legislators looking to decrease the exposure to digital assets in 401(k) retirement accounts
Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
4.3.2022
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing...
Can crypto be used to prove financial independence for travel visas?
21.2.2022
"There could be individual situations where a consulate might also accept other proof of assets, such as crypto-assets," said Laura Bernard of the European Commission
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
21.2.2022
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on...
Terra injects 450M UST into Anchor reserve days before protocol depletion
18.2.2022
The move is designed to maintain the stablecoin savings protocol's lucrative yield of approximately 20% per annum
Demand for High-Yield Crypto Savings Products to Surge, BitMEX Predicts
18.2.2022
Demand for savings products that yield far higher returns than what can be achieved in traditional markets is expected to surge, as more people realize that inflation is eating away at their savings, crypto derivatives exchange BitMEX has said in a new report....
Read More: Demand for High-Yield...