CEO Zac Prince cites the recent crypto crash as one reason the firm will be changing their interest rates on Bitcoin and Ether. Clients of one crypto lending company may soon notice some changes in response to the recent drops in the market. Starting on April 1, BlockFi will be raising the interest account rates […]
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Bitcoin price attacks $5,500 as President Trump announces support for a $1 trillion COVID-19 economic stimulus package. Bitcoin’s recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost […]
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Leading up to its token generation, Akon’s crypto project Akoin has garnered added expertise, partnering with Delchain. Akoin, a cryptocurrency project from famous singer Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s […]
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Spain’s National Securities Market Commission has halted short selling in an effort to protect local stocks from the recession caused by the coronavirus epidemic. Spain’s National Securities Market Commission (CNMV) has halted short selling in an effort to secure local stocks from the recession caused by the coronavirus epidemic. The ban will last one month, […]
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Billionaire Tim Draper sees potential in DeFi and invests in a new DAO governance platform called DMM DAO. Tim Draper, the billionaire and Bitcoin bull who has backed Tesla, SpaceX and Coinbase, is making moves into decentralized finance. He is now investing in DeFi Money Markets DAO (DMM DAO), according to the DMM Foundation’s official […]
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Gold has only limited support between current levels and $1,050, Brandt warns, while only a “pie in the sky” event can save Bitcoin. Bitcoin (BTC) may end up in a race with gold to hit the $1,000 mark, as one analyst identifies support below $1,400 for the precious metal. In a tweet on March 16, […]
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To stimulate economic activity, we need to change gravity in the finance industry by implementing new solutions such as blockchain and other fintech. Acquiring financial knowledge is priceless nowadays and, to tell the truth, has always been. We live in times when the usage of fiat is steadily decreasing in the world’s top-GDP countries, and […]
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Analysts were predicting a recession for years and it should not come as a surprise, according to market research firm Crebaco. Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco. Crebaco claims in a report shared with Cointelegraph that the recession that […]
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Stocks had their worst opening ever today but Bitcoin price has bounced from its daily lows and now looks to establish a foothold for a relief rally. The equity markets in the United States just had the worst opening ever as trading was halted within seconds and indexes dropped by 12% percent. Not only was […]
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The cryptocurrency’s ability to keep functioning despite price fluctuations is making it increasingly at odds with liquidity injections and circuit breakers. Bitcoin (BTC) has failed to hold onto gains once again as commentators warn that the interest rate cuts by the Federal Reserve are “not a drill.” After the United States’ central bank cut rates […]
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