Search Results for "negative rates"
PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?
The news has been making the rounds again as grievances have been seen expressed about the exploitative conversion fees being charged by PayPal.
Pressure Piles Up on BitMEX as Recent Outage Exposes Network Holes
Once branded a “Bitcoin casino," BitMEX has plunged into a series of crises over the last few years. The crypto exchange found itself trending on Twitter in the US recently because of the recent shutdown. BitMEX announced that its trading engine went offline for over an hour because of an incident, which the exchange identified as a “major outage."After some investigation, the exchange later announced that that platform restored its online operations. Such outage of BitMEX’s trading engine is the latest in a series of negative circumstances facing the exchange. Currently, as Bitcoin price hits $10,000, the major outage has prompted warnings that the exchange is becoming increasingly unreliable. The outage left customers unable to access their funds.
Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price
Fidelity Digital Assets just released a report on Bitcoin's role as an alternative investment indicating almost no correlation with traditional markets. So what drives BTC's price?
Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC
Spain’s Central Bank mentioned that it would study the design proposals and economic implications of a CBDC in the country.
Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi
Top banks in South Korea have selected Chainlink and CenterPrime to bring a blockchain-enabled decentralized finance solution for foreign exchange rates.
Will Bitcoin See a Bull Run in October?
Bitcoin price has had fewer price volatility than the stock market and has been more resistant to negative news than before. What will this
Goldman Sachs Recommends Shorting the Dollar, Increasing the Odds of a Bitcoin Bull Run
Goldman Sachs believes that the risks arising from vaccine trials and the uncertainty of the US election could weaken the dollar. What about Bitcoin?
Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic
Due to the coronavirus outbreak and the lockdown situation in Italy, an Italian Bank, Banca Sella has launched Bitcoin trading services for its 1.2 million customers of Hype mobile banking platform.
Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates
US Federal Reserve Chairman Jerome Powell backs the replacement of LIBOR with AMERIBOR. AMERIBOR is an Ethereum based lending protocol that is aimed at removing the inadequacies of the LIBOR index.
Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut
Japan’s finance minister stated that there is no need to lower crypto tax rates.
What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook
Bitcoin saw a negative correlation with the traditional stock market, as hopes of the old normal economy were to be revived again.
US Crypto Exchange Kraken Predicts Bitcoin Price Crash in September
US-based crypto exchange Kraken predicts the Bitcoin price will crash in September followed by a return to extreme volatility.