Traders may now be able to hedge the risks they face from interest rate payment fluctuations in perpetual contracts.
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues a UN expert.
Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report.
Even as Fed Chair Jerome Powell says negative interest rates are not on the cards, the remaining possibility might be rekindling traders’ spirits – or at least refocusing attention on bitcoin as a hedge against inflation.
Celsius Network platform lists Saga’s SGA stable asset, allowing up to 9.9% annual interest
Saga Monetary Technologies, which claims to provide Facebook’s Libra-like stablecoin, has listed its token SGA on Celsius. The move allows SGA holders to earn up to 9.9% interest per annum.
The post ‘Libra competitor’ Saga token holders can now earn up to 9.9% annual interest appeared first on The Block.
The future of the financial system lies in the DLT-based solutions that provide more trust and transparency
Bitcoin remains steady, with its 24-hour price in the $8,600-$8,800 range.
The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.