Central bank digital currencies or CBDCs might offer new types of businesses improved access to cost-effective reserve bank funding while potentially reducing the...
Danes holding more than $16.26k or 100k Danish Crowns (DKK) will pay to save after their central bank, the Danske, lowered the applicable threshold from 250k DKK in response to increased deposits to the bank, an update on Apr 26 reads. The Age of Negative Rates Unless otherwise, Danes have alternatives, a majority would endRead More
And for those saying that the GPU scarcity will be over once Ethereum switches to proof-of-stake, the reality is that it’s possible for the miners to just switch to other proof-of-work coins that are in demand.
Engaging in the traditional financial market has become less appealing to consumers and institutional investors as of late. New opportunities are plentiful, with decentralized finance getting a lot of attention. However, that new movement is not without its risks and flaws either. Education and accessibility are crucial to make DeFi more accessible to the upcoming […]
Banks in Germany are reportedly turning buyer deposits away as a result of adverse rate of interest imposed on them by the European Central Bank (ECB). Some banks are even providing on-line instruments to assist clients take their deposits elsewhere. Negative Interest Rates Imposed by ECB Force Banks to Turn Away Customer Deposits Banks in […]
The head of the European Central Bank (ECB), Christine Lagarde, thinks that central banks worldwide will not be holding Bitcoin any time soon. In a conference call with The Economist on Feb. 10, the ECB chief showed herself to be firmly risk-off when it came to decentralized cryptocurrencies. “It’s very unlikely — I would say it’s out […]
The latest headlines are filled with posts about Bitcoin's halving and its impact on Bitcoin's price. These are popular facts and repeated several times as arguments for Bitcoin's recent price rally.
With Bitcoin emerging as one of the best-performing asset classes over the past 365 days, many financial institutions and investors have changed their tune on crypto, with some making sizeable allocat