Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout...
Tag: Interest
Chainlink and CF Benchmarks to Bolster Onchain Transparency via CF Bitcoin Interest Rate Curve Product – Bitcoin News
On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called ...
Investors Interest Towards Ethereum Decline – ETH Price At Risk Of 50% Crash
As the cryptocurrency market struggles with yet another red wave, the second-largest cryptocurrency, Ethereum (ETH), is registering a sharp decline in the number of new addresses created each day, ind...
Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low – Africa Bitcoin News
Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points,...
$750,000 Earns This Much Interest Annually
SmartAsset: How Much Interest Can $750,000 Earn Per Year? Interest is one of the most popular forms of investment return. Although it tends to generate lower returns than capital gains, interest payme...
2 “Strong Buy” Stocks Sparking Interest From Insiders
Such has been the force of the cumulative headwinds in 2022 that trying to make headway in this year’s downtrending market has been a struggle for most. A slowing economy, decades-high inflation and t...
Nexo Says It Doesn’t Offer High Interest Rates
Key Takeaways Nexo has defended itself against charges that were issued by various state regulators in the U.S. yesterday. Regulators say that Nexo offered interest rates as high as 36% without inform...
Bitcoin Heading Towards Full Detox of Speculative Interest: Glassnode
Bitcoin’s push above the coveted psychological $20,000-level came after nearly 10% gains over the past 24 hours. This was followed by a mass profit-taking session as traders anticipating the threshold...
California files order against Nexo interest account, says it’s 8th state to take action
The California Department of Financial Protection & Innovation (DFPI) has filed a desist and refrain order against crypto lending platform Nexo as part of its ongoing investigation of companies of...
California’s Financial Regulator Probes Nexo Over Crypto Interest Accounts Services
The California Department of Financial Protection and Innovation (DFPI) announced on Monday that it is joining forces with seven unmentioned state securities regulatory bodies to take action against t...
California Regulators Order Nexo to Stop Crypto Interest Accounts
Cryptocurrency lender Nexo has come under fire from California regulators and seven other US state securities watchdogs for its unregistered crypto interest account program, which the authorities clas...
California issues cease, refrain order to Nexo over offering clients an Earn Interest Product
Nexo revealed that it stopped onboarding new U.S. clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. According to the ...
Mastercard, Hi Launch NFT-customized Debit Cards as NFT Interest Dips
Mastercard partners with crypto, fiat exchange to bring NFT avatars to debit cards US users cannot currently access the card Cryptocurrency and fiat exchange hi has launched a debit card that users ca...
Will PancakeSwap CAKE Token Gain Enough Retail Interest to Rally?
PancakeSwap’s CAKE token is at a crucial crossroads battling long-term resistance above the $4.50 mark. PancakeSwap has been high on crypto investors’ watchlist over the last week. Despite the larger ...
Steve Forbes: Strong currencies can help control inflation, not interest rate hikes
Forbes Media Chair Steve Forbes has warned that governments and central banks have ignored the significance of having stable currencies by emphasizing interest rate hikes to curb inflation. On Monday,...
LUNC Sees High Interest from Crypto Community, Where Might This Lead?
According to on-chain analytics firm Santiment, LUNC, the native asset of the old Terra Chain, is facing high interest from the crypto community as it is seeing a notable rise in related discussions. ...
The Upcoming CEO Of Kraken Is Showing No Interest In Registering With The SEC
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Peter Boockvar: Fed needs to slow pace of interest rate hike
Bleakley Advisory Group’s CIO Peter Boockvar told CNBC’s “Squawk Box” on Friday that the Fed should slow down on interest hikes. Peter termed the Fed’s moves aggressive, followed by various central ba...
5 Dividend Stocks to Beat Inflation and Rising Interest Rates
Dividend stocks are facing stiffer competition, thanks to a big spike in bond yields. A risk-free 10-Year Treasury note was recently yielding 3.7%, up from 1.63% at the start of 2021. That’s well abov...
As the Fed Raises Interest Rates, BTC and ETH Prices Are in a Bind
The values of Bitcoin and Ethereum are still having trouble finding support despite a brief bullish surge and recovery on Thursday. This week, the 0.75% increase in Fed interest rates significantly bo...
Investor interest in selling Bitcoin plunges to yearly low, as Ethereum and XRP climb
Despite the broader cryptocurrency market undergoing significant corrections, investor interest in disposing of some assets continues to vary. Notably, the interest partly reflects the belief that cer...
Fed Interest Rates Hike Spur Crypto Market Liquidations Of More Than $330 Million
The FOMC meeting held on Wednesday and its subsequent results deeply affected the state of the crypto market. Given the large swings in price during and after the meeting, liquidation volumes had quic...
Bitcoin Plunges as Fed Announces Another Big Interest Rate Hike
Alex Dovbnya Fed policymakers have expectedly announced their third consecutive 75-basis-point rate hike The U.S. Federal Reserve has enacted its third consecutive 75-basis-point hike. The price of Bi...
Bitcoin Dips as Fed Again Raises Interest Rates to Combat Inflation
The price of Bitcoin dropped sharply following the Federal Reserve’s announcement that it would hike interest rates by 75 basis points to combat sky-high inflation. The biggest cryptocurrency by mark...
Higher Interest Rate Impacts US Stock Futures
The third consecutive 0.75 percent point increase announced by the Federal Reserve has impacted stocks across different sectors. Stock futures plunged as traders weighed another large interest rate hi...
Bitcoin Stable at $19K Despite BOE’s 50 Basis Point Interest Rate Hike
Attempting to fight the raging inflation, the Bank of England raised the interest rates by 50 basis points today. BTC’s price remained stable, without any significant volatility, unlike what happened ...
If you’re selling stocks because the Fed is hiking interest rates, you may be suffering from ‘inflation illusion’
Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost univer...