Tag: Interest

The Fed’s Low Interest Rates and QE Have Created a Dependent Generation

The Fed’s Low Interest Rates and QE Have Created a Dependent Generation On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easing (QE) has corrupted the U.S. economy […]

Blockfi Launches Interest Bearing Savings Accounts for Cryptocurrencies

Blockfi Launches Interest Bearing Savings Accounts for Cryptocurrencies On March 4, cryptocurrency-backed USD lending platform Blockfi announced the launch of a new savings program called the Blockfi Interest Account (BIA). Having started as a private beta service, BIAs are now available to the public who can store bitcoin core (BTC) and […]

CME Group’s Bitcoin Futures See a Surge of Institutional Interest

CME Group’s Bitcoin Futures See a Surge of Institutional Interest The Chicago Mercantile Exchange (CME Group) has seen a big spike in bitcoin futures volumes according to an internal investors email sent to clients on Feb. 19. CME Group’s note explains that last Tuesday’s BTC-based futures volumes touched a new […]

Bitwise Launches Bitcoin Fund, Driven by Client Interest

Bitwise Launches Bitcoin Fund, Driven by Client Interest Bitwise Asset Management has launched two new cryptocurrency funds, one of which only invests in BTC. The launch “is driven by inbound client interest and investor dissatisfaction with existing options,” the company says. The market downturn has also given investors “a unique […]

The Daily: Nexo to Pay Interest on Stablecoins, Startups Launch Bank Services

The Daily: Nexo to Pay Interest on Stablecoins, Startups Launch Bank Services In this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to offer exchange and custodial solutions for financial institutions that handle digital […]

“Negative Interest” Is the Latest Government Scheme to Deter Saving

“Negative Interest” Is the Latest Government Scheme to Deter Saving Sweden’s central bank is discussing introducing a controversial new measure that will further deter its citizens from saving. The oxymoronic “negative interest” on tax accounts is technically designed to stimulate the economy. In reality, all it will do is encourage […]

P2P Cryptocurrency Marketplaces Draw Huge Interest From Bitcoin Traders

P2P Cryptocurrency Marketplaces Draw Huge Interest From Bitcoin Traders CryptoCurrencyNews.com P2P Market Commentary Bitcoin prices continue to rise after gaining nearly 15%, or $ 970 million, over a two week period. Publicly traded cryptocurrency companies are once again in the spotlight with interest in the sector renewed after the lengthy […]