Many people are skeptical about cryptocurrencies due to the sector’s volatility. But more people in emerging markets are embracing it as a way to make more returns in the long run. No one can argue th...
Tag: Interest
Federal Reserve expected to raise interest rates in week ahead
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues ...
As retail interest spikes, investors can expect NEAR to rally at least 28% only if…
NEAR price set up a triple tap setup, signaling a bottom reversal in the near future. The third tap has already led to a quick upswing, but the bulls have a long way to go. Interested investors can ca...
Austin mayor develops interest in Blockchain technology and the crypto world
TL;DR Breakdown • The Austin mayor believes that the Blockchain network could be used as a records system for homeless residents.• City leader intends to explore cryptos in-depth to promote them throu...
Self-Proclaimed Bitcoin Creator Craig Wright to Pay $43M in Prejudgment Interest
A federal judge in West Palm Beach, Florida, ruled that Craig Wright must pay an additional $43 million to W&K Info Defense Research. The latter is a company that he and David Kleiman co-founded m...
Ethereum Gas Fees at an 8-Month Low as Interest in NFTs, DeFi Wanes
As the DeFi and NFT activity began to cool down, Ethereum gas fees declined significantly and are now hovering around 20-24 Gwei, depending upon the time required for confirmation. According to the cr...
Bitcoin Retail Investment Interest Showing Signs of Growth
Retail interest in bitcoin appears to be growing, according to data from IntoTheBlock. The number of BTC holders who have held for less than a month is growing, as are longtime holders. The number of ...
Why Stablecoin Interest Rates Are So Damn High
Stablecoins also provide crypto investors with a “safe haven” when cryptocurrency price volatility is high. So when cryptocurrencies go on a wild roller-coaster ride, as they have in recent months, de...
Mortgage Interest Deduction: How It Works in 2022
The number of taxpayers claiming mortgage interest deductions on Schedule A has dropped sharply since the 2017 tax overhaul enacted both direct and indirect curbs on them. For 2019, about 13 million f...
Cleveland Fed President Mester says Ukraine war accelerates the need for interest rate hikes
War in Ukraine only heightens the need for higher interest rates to get inflation under control, Cleveland Fed President Loretta Mester said Thursday. The attack from Russia has pushed commodity price...
Federal Reserve Chair Powell Sees Interest Rate Hike this Month
US Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank is set to begin raising interest rates this month as part of efforts to combat high inflation, strong economic de...
Short-Term Bitcoin Traders Increase Holdings by Nearly 5% as Retail Interest Returns: Details
IntoTheBlock analytics firm reports that retail interest might be returning to the Bitcoin market. According to the on-chain analytics firm, the number of Bitcoin trader addresses holding less than 30...
Bank of Canada raises its key interest rate for the first time since 2018
The Bank of Canada on Wednesday raised its key interest rate from 0.25% to 0.50%, starting a much-awaited cycle of rate hikes to address persistently high inflation. Ukraine war will add to inflation ...
Powell says Fed is poised to raise interest rates for first time in three years to fight inflation despite Ukraine war, market sell-off
Despite Russia’s invasion of Ukraine and a sliding stock market, Federal Reserve Chair Jerome Powell will tell Congress Wednesday the central bank plans to raise its key interest rate from near zero t...
Women’s interest in crypto grows, but education gap persists: Study
Even though female investors are increasingly interested in cryptocurrency and blockchain technology, there is still a significant knowledge gap when it comes to these topics, a new study reveals. Blo...
USD/CAD prediction ahead of the BOC interest rate decision
The USD/CAD price moved sideways on Wednesday morning as investors waited for the upcoming interest rate decision by the Bank of Canada. It is trading at 1.2717, which is a few points above this week’...
Russian interest rate hiked to 20%, crypto under discussion
Crypto remains a hot topic as Russian interest rate is hiked to 20% Western sanctions have hit the country hard with inflation rising steadily The Central bank will boost liquidity by freeing 733 bi...
Is the AUD/USD a buy or sell after the RBA interest rate decision?
The AUD/USD pair moved sideways on Tuesday morning as investors reacted to the latest interest rate decision by the Reserve Bank of Australia (RBA). It is trading at 0.7248, which is slightly below th...
Jim Cramer says Russia’s invasion of Ukraine could put more pressure on Fed to raise interest rates
The Federal Reserve faces more pressure to increase interest rates as Russia’s invasion of Ukraine hinders a market already hit hard by inflation, CNBC’s Jim Cramer said Monday. “The...
Interest Rate Hike Not Necessarily Doom and Gloom for Bitcoin (BTC), Says Analyst Benjamin Cowen – Here’s Why
Widely followed crypto analyst Benjamin Cowen says that the fears of Bitcoin’s (BTC) price dipping if the Federal Reserve raises interest rates may be unfounded. In a new strategy session, the analyst...
So How High Will Interest Rates Go? Not Really That High
Rates are on the rise. getty It’s axiomatic that higher interest rates are no friend of stock prices, especially those of tech firms. But how onerous will those rate hikes be? Not very. Right now, the...
Russia’s central bank hikes interest rates to 20% amid tough sanctions
Russia’s central bank has raised the country’s key interest rate to 20%, more than doubling it up from 9.5% as the reality of tough sanctions appears to hit home. According to a statement from the cen...
Russia Hikes Interest Rate to 20%, Asks Firms to Sell FX Reserves
The Central Bank of Russia announced on Monday the increase of its key interest rate from 9.5 percent to 20 percent that came as an emergency move. The move came as the monetary regulatory is trying t...
Fed Repeats It Will ‘Soon’ Be Time to Raise Interest Rates
(Bloomberg) — The Federal Reserve reiterated its view that it will “soon” be time to raise interest rates to counter high inflation amid a buoyant U.S. job market. Most Read from Bloomberg The F...
The market has adjusted its views of how the Federal Reserve will raise interest rates
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
The Best Platforms for Zero Interest Loans in Decentralized Finance (DeFi) – crypto.news
Decentralized finance (DeFi) has changed the way the world sees the money market forever. New ideas, scopes, and traditions that were unthinkable years ago have now been introduced into the world of f...
Nexo Halts Interest on New Crypto Deposits for US Customers
After BlockFi’s $100 million settlement with the US securities regulator, its competitor in the crypto lending Crypto Lending The process of lending cryptocurrency assets with an accrued interest ...
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients – Bitcoin News
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, th...