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South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Covid-19 Economy Fuels Faith in Crypto: Trust In Bitcoin Over Banks Increased 3X Since 2017
19.5.2020
The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows...
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
Negative Interest Rates Give BTC an Opportunity to Shine, Report Claims
15.5.2020
Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report
First Mover: As Fed Swats Down Negative Rates, Bitcoiners Wonder What If
14.5.2020
Even as Fed Chair Jerome Powell says negative interest rates are not on the cards, the remaining possibility might be rekindling traders' spirits – or at least refocusing attention on bitcoin as a hedge against inflation
Bitcoin Cash and BSV Hash Rates Surge Following BTC Halving
14.5.2020
The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same
Bitcoin Steady Near $9K as Trump Touts ‘Gift’ of Negative Interest Rates
13.5.2020
Bitcoin is hovering close to $9,000 amid rising speculation the U.S. could ultimately adopt negative interest rates
No, Donald Trump, Negative Rates Aren't a 'Gift' Bitcoin Advocates Warn
13.5.2020
What seems to be a fresh attempt to sway the Fed to take rates negative saw immediate backlash from sound-money supporters
US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’
6.5.2020
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...
ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
2.5.2020
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...
COVID-19 Tracing Apps Have to Go Viral to Work. That’s a Big Ask
24.4.2020
How do you make it so people actually want to download a contact tracing app?
Dai Lending Rates Rise to One-Month High on DeFi Platform Compound
20.4.2020
Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis
Why MakerDAO Should Consider Negative Interest Rates for Dai
20.4.2020
To keep dai near its $1 peg, the Maker community should consider negative interest rates. The cost to users may be worth it, says columnist J. P. Koning
Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
16.4.2020
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable...
How Zero Interest Rates in the US Will Impact Stablecoin Adoption
14.4.2020
Financial measures to fight the COVID-19 pandemic might force the adoption of stablecoins worldwide
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...
Zero Interest Rates Not The Only Driver For Stablecoin Demand
11.4.2020
The coronavirus has brought zero USD interest rates. And with zero or potentially even negative interest rates, it might also bring greater demand for stablecoins and for cryptocurrencies more generally.
Why? Because now there's no opportunity cost when it comes to holding USD-backed stablecoins...
Celsius Lists Libra Challenger for 9.9% Potential Interest
6.4.2020
Celsius Network platform lists Saga’s SGA stable asset, allowing up to 9.9% annual interest
Zero Interest Rates Could Hamper the Stablecoin Business
1.4.2020
Negative interest rates will force stablecoins to look at their fee structures and cut costs. Only the fittest will survive, says our columnist
USD Stablecoins Are Surging, But Zero Interest Rates Complicate Business Model
30.3.2020
With investors seeking safety in dollars, stablecoins have seen inflows of more than $2 billion since the crash. But zero interest rates threaten business revenue