Category: Finance

A New Bitcoin World

The New Bitcoin Banks Are Here

The New Bitcoin Banks Are HereA new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, […]

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August 23, 2019 0

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

Major Swedish Bank Surprises With Negative Interest Rate on Euro DepositsSubzero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to […]

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August 22, 2019 0

Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans

Market Growth Makes Crypto-Backed Loans AttractiveWith cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator of investor sentiment. According to a source […]

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May 10, 2019 0

8 Crypto Debit Cards You Can Use Around the World Right Now

Crypto Cards You Can Use to Spend Your Digital CoinsCryptocurrencies are gradually becoming a viable payment option across a range of markets and jurisdictions. If there is a tool that significantly expands the usability of digital coins in a world still dominated by traditional payment systems, it’s the crypto debit card. A growing number of reliable platforms offer the fintech product to bitcoin enthusiasts. […]

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January 20, 2019 0

Russians See Growing Number of Options to Buy Cryptocurrencies

Russians See Growing Number of Options to Buy CryptocurrenciesInterest towards cryptocurrencies in Russia remained relatively stable throughout 2018, despite the significant drop in their prices. Ruble-denominated trade on Localbitcoins, for example, has shown a generally positive trend since last spring. In the past year, Russians also saw a growing number of other options to purchase digital coins. Also read: Abkhazia Temporarily Shuts Down […]

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January 2, 2019 0

Nasdaq Confirms Plans to Launch Bitcoin Futures in First Half of 2019

Nasdaq Confirms Plans to Launch Bitcoin Futures in First Half of 2019Joseph Christinat, the vice president of Nasdaq’s media team, has confirmed that the exchange will soon launch bitcoin futures. In a recent interview with a newspaper in the U.K., Christinat revealed that the platform plans to start offering bitcoin futures contracts within the first half of 2019. Also Read: Chilean Court Rules in Favor of Closing […]

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December 6, 2018 0

Bitcoin Isn’t Volatile – the World Is

Bitcoin Isn’t Volatile – the World IsIt’s been a horrible year for cryptocurrency. Assets down an average of 90 percent, constant despair and each new day bringing fresh horror. Who’d want to be a bitcoin trader? But when you zoom out beyond the cryptosphere to gain some perspective, it turns out that crypto’s not doing so badly after all. With trillions […]

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November 21, 2018 0

Nexo Lending Platform Adds Bitcoin Cash Support

Cryptocurrency loans service Nexo has confirmed it is adding support for bitcoin cash (BCH). The Switzerland-based lending platform offers crypto-fiat loans from upwards of $1,000, with no credit checks required as collateral. BCH holders will be able to stake their cryptocurrency as collateral and obtain instant funding in more than 40 fiat currencies. Also read: Japanese […]

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October 23, 2018 0

Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund

Research: 1 out of 5 Hedge Funds Launched This Year Is a Crypto FundNew research shows that one out of five hedge funds launched thus far this year has been a cryptocurrency-focused hedge fund. This is a surprising statistic in light of the 2018 bear market, but it may indicate that managers and investors are still optimistic about the long-term outlook and want to capitalize on current low […]

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October 15, 2018 0

Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification

Korean Banks to Limit Services for Crypto Traders Without Real-Name VerificationSouth Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […]

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September 11, 2018 0