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Crypto Funds See Outflows as Bitcoin Gets More 'Interest-Rate Sensitive'
19.4.2022
Some $97 million flowed out of digital asset funds in the week through April 15 as investors adjusted to a hawkish Fed discussion on shrinking the central bank's balance sheet
Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike
19.4.2022
The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation...
Why Crypto DEXs Are Increasingly Embracing a Fixed Staking’s Rate?
18.4.2022
For most people today, savings accounts (mostly offered by financial banks) are the most common way people seek to preserve the value of their cash and make a profit. By simply opening a bank account, investors can start saving to earn a regular fixed interest rate on those savings. While most...
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
15.4.2022
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners...
‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’
15.4.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer...
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
14.4.2022
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus...
Notional Finance Will Now Support Its Fixed Rate Collateralization Calculation With Chainlink Price Feeds
14.4.2022
DeFi is short for Decentralized Finance. It takes inspiration from the blockchain technology and its emerging nature of connecting two individuals directly without involving any third party. Technically speaking, DeFi is a peer-to-peer financial service. Functions of DeFi involve enabling users...
BoJ official says digital yen won’t be used to achieve negative interest rate
14.4.2022
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates
Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates
9.4.2022
Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles....
Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours
9.4.2022
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly...
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
9.4.2022
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold...
Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
7.4.2022
Bitcoin price consolidates near $43,500 as analysts predict a possible breakout to $50,000 if support can hold above $43,100
Bitcoin sentiment falls into 'fear' as BTC price action hits $42.9K breakdown target
7.4.2022
Little market celebration accompanies the start of the Bitcoin 2022 conference as macro fears seep into sentiment
One-fifth of global Bitcoin hash rate is now controlled by listed companies
7.4.2022
The total share of the Bitcoin hash rate owned by publicly traded companies has surged over the past year as a growing number of Bitcoin miners go public
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
7.4.2022
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed. Indian Parliament Member Wants to Tax Crypto at 50% Indian parliament member...
Bitcoin slides below $44K in April first as trader warns 'something is off' with BTC
6.4.2022
All is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance
Intel launches new Bitcoin mining chip Blockscale
4.4.2022
The company indicated that the device is designed, in part, for energy-efficient blockchain hashing
'Green oasis' for Bitcoin mining: Norway has almost 1% of global BTC hash rate
4.4.2022
Norway’s Bitcoin mining credentials are impressive: The small European country hosts 0.77% of Bitcoin’s hash rate using 100% green, renewable energy
BTC starts 2022 all over again — 5 things to know in Bitcoin this week
4.4.2022
The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week
Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
4.4.2022
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes,...