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Nalezeno "Negative": 304

Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications

11.6.2021
Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously adopted motion, House Representative Bamidele Salam warned the Central Bank of Nigeria (CBN) of the negative “implications...

GBTC premium stays negative, suggests Bitcoin price sentiment still low?

6.6.2021
GBTC premium stays negative for over three months as its holdings decline gradually, while BTC price struggles around the $37,000 mark

Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower

31.5.2021
Bitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing close to 16%. Overall the global hashrate has dropped around 2% since the price fell below the $40k handle. Currently, the mining difficulty is around 21 trillion, and...

Negative funding rates incentivize traders to long Polygon (MATIC) and AAVE

25.5.2021
The funding rate for MATIC and AAVE is currently rewarding traders who are leveraged longs, but it might not last for long

SEC Sends Negative-ish Bitcoin ETF Signal that May Be Positive for Grayscale

12.5.2021
The US Securities and Exchange Commission (SEC) is now not-unexpectedly sending somewhat negative bitcoin (BTC) (and ethereum (ETH)) exchange-traded fund (ETF) signals - that might be a good sign for Grayscale Bitcoin Trust (GBTC). As is practically notorious by now, an American ETF is a rather...

Danske Bank Lowers Negative Rate Threshold, Denmark’s Business Minister Says ‘Enough is Enough’

3.5.2021
On April 26, 2021, the Danish multinational banking and financial services corporation Danske Bank published a press release explaining that the institution has changed the threshold for personal customers and standard interest rates for business customers in Denmark. The Bank plans to lower...

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

27.4.2021
The 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...

Bitcoin funding rate flips negative after $48K retest — Was it a bear trap?

24.4.2021
Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage

Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies

23.4.2021
The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has...

Algorand pledges carbon-negative blockchain

22.4.2021
Algorand and ClimateTrade are working on a sustainability oracle that would drive down carbon emissions

Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers

22.4.2021
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...

Bitcoin on balance sheet attracts negative attention from anti-crypto banks

18.4.2021
Having over 90,000 BTC on the balance sheet could see a company’s stock blacklisted by banks that remain crypto detractors

Nifty News: NFTs go carbon-negative, top banker calls NFT investors gamblers

30.3.2021
Nifty Gateway is aiming to become carbon negative while BNP Paribas' CEO likens NFT investing to casino gambling

Dropping GBTC Premium: Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC Trust

12.3.2021
An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC...

Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies

7.3.2021
The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the same data, this new low is...

The Evidence Is in on Negative Interest Rate Policies

4.3.2021
Luis Brandao-Marques is a Senior Economist in the Global Financial Stability Analysis Division in the Monetary and Capital Markets Department of the International Monetary Fund (IMF). Gaston Gelos is Assistant Director in the IMF’s Monetary and Capital Markets Department, where he heads...

Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany

4.3.2021
Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. Negative Interest Rates Imposed by ECB Force Banks to Turn...