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Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

The potential for negative interest rates on the US dollar highlights the strength of cryptocurrencies like Bitcoin, which have anti-inflationary mechanisms built-in.

Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

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.

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.

May 25: Negative Rates Eating the World (but not Crypto)

May 25: Negative Rates Eating the World (but not Crypto)

Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.

UAE to Strive for Virtual Service Provider Licenses before Q2

UAE to Strive for Virtual Service Provider Licenses before Q2

In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022.

Global Supply Chain Financing: A New Era of Resilience and Diversification

Global Supply Chain Financing: A New Era of Resilience and Diversification

Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.

Crypto Whales Taking Wait-and-See Approach

Crypto Whales Taking Wait-and-See Approach

Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.

Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled

Bitcoin Funding Turns Negative amid 70% of BTC Circulating Supply Being Hodled

BTC funding flipped negative following long liquidations as prices slipped to lows of $42,000.

Hong Kong Monetary Authority Responds to US Federal Reserve's Interest Rate Decision

Hong Kong Monetary Authority Responds to US Federal Reserve's Interest Rate Decision

HKMA addresses stability amid Fed's unchanged interest rates.

HKMA Reports Decrease in Composite Interest Rate for May 2024

HKMA Reports Decrease in Composite Interest Rate for May 2024

Hong Kong Monetary Authority announces a 4 basis point decrease in the composite interest rate for May 2024, reflecting lower weighted funding costs.

Hong Kong Monetary Authority Reports Slight Increase in Composite Interest Rate for June 2024

Hong Kong Monetary Authority Reports Slight Increase in Composite Interest Rate for June 2024

The Hong Kong Monetary Authority announced a minor rise in the composite interest rate to 2.62% at the end of June 2024, reflecting higher deposit costs.

Impact of US Interest Rate Cuts on Bitcoin (BTC) Analyzed in Latest Bitfinex Alpha Report

Impact of US Interest Rate Cuts on Bitcoin (BTC) Analyzed in Latest Bitfinex Alpha Report

Bitfinex Alpha report examines how upcoming US interest rate decisions could affect Bitcoin's (BTC) short-term volatility and long-term trends.

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