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As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains
10.12.2020
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...
Bitcoin will gain from distrust in traditional finance, says bank strategist
10.12.2020
Will Bitcoin end the dollar’s supremacy one day?
Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans
10.12.2020
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...
PowerPool launches 'meta-governance token' for Yearn ecosystem
10.12.2020
Powerpool has launched an index and meta-governance token for the recently consolidated Yearn.finance ecosystem
Yearn.finance report reveals two thirds of revenue comes from yUSD vault
10.12.2020
An informal revenue report reveals that Yearn Finance paid 65% of its net revenue to stakers
Crypto Can Disrupt Legacy Finance And Add Another Layer On It - Panel
9.12.2020
Blockchain and cryptocurrencies have the potential to disrupt the financial status quo, but they can also reform the existing legacy financial services such as banks and insurance companies by adding an additional tech layer on top of their activities, according to the participants of a panel...
YfDFI Finance and Ferrum Network to Revolutionize Staking in New Partnership
9.12.2020
PRESS RELEASE. YfDFI Finance, the innovative community-centered DeFi financial center, joined forces with the established project Ferrum Network to revolutionize the way staking is currently seen. The partnership’s initial phase will focus on staking, but the ambitions reach further...
Russian crypto lobby group appeals to finance ministry to soften legislation
9.12.2020
A crypto advocate group in Russia is lobbying for more friendly federal crypto law
Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand
9.12.2020
The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes...
Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
9.12.2020
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset...
‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes
9.12.2020
The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains...
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
German Bank to Launch Bitcoin Investment Fund in January
8.12.2020
German private bank Hauck & Aufhäuser says it will launch a crypto investment fund in January next year, allowing institutional and semi-institutional investors to invest in digital assets including, bitcoin, ether, and stellar. ● According to a report on Fundview,...
Keeper Finance: DeFi Version 3.0 – a Unique Job Matching DeFi Protocol – Public PRE-SALE Starts
8.12.2020
PRESS RELEASE. Keeper Finance is a decentralized finance protocol that is inspired by job matching protocol Keep2r which is DeFi version 3.0. It is designed to be a lite version of Keep2r and is a more flexible and profitable protocol. Keeper Finance offers a decentralized platform that connects...
Rebranded Libra Still a ‘Wolf in Sheep’s Clothing’: German Finance Minister
7.12.2020
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns
Bequant, Global Digital Finance Look to Create Best Practices for DeFi
7.12.2020
A working group wants to create some best practices for decentralized finance in an effort to improve adoption while warding off potential regulations
Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 3 Is Now Live
5.12.2020
PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them. Yearnify aims to bring the true value of yield farming finance accessible to all users, yearnify offers the most secure and simple way to earn...
It’s time to mature: We need compliant decentralized finance
5.12.2020
It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals
Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...
Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’
4.12.2020
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as...