Interest Rates News

An interest rate is the amount of a charged payment that is additional to the repayment of the principal of the assets that were borrowed. Interest rates are mostly calculated on an annual basis and are charged by cash, consumer goods, immovables and so on. Bitcoin’s interest rate used to cover the interest of the cryptocurrency lender. Bitcoin lenders can also use the USD (United States dollar) interest rate for protection from Bitcoin’s volatility, in case of the falling of the price of an asset. In 2017, Bitcoin lending interest rates were placed around 19.7 percent, on average. Bitcoin forks, price fluctuations, the establishment of new, promising cryptocurrencies and the undeveloped lending market have led to wide Bitcoin interest rate fluctuations, from 3.5 percent to 111 percent. Government regulations of the cryptocurrency industry — alongside regulating rules for ICOs, exchanges and platforms — may influence Bitcoin lending businesses.

News

Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months

NOV 18, 2019
by Helen Partz

Known as Multi-Collateral Dai , the new type of the Dai will be backed by several types of collateral in contrast to the existing Single-Collateral Dai.

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Instant Crypto Credit Line Provider Says It Processed $300 Million in Seven Months

MAR 04, 2019
by Connor Blenkinsop

A crypto lender that offers consumers an instant credit line says it has processed more than $300 million in seven months, making a net profit of $3 million.

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As US Citizens Pay $4.7 Bln Just to Maintain Accounts, Bitcoin Wallets Offer Alternative

NOV 23, 2016
by Joseph Young

US-based consumers are faced with substantially high overdraft, monthly, ATM and NSF fees. Storing money in bitcoin wallets is by far a safer investment method ...

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UK’s Largest Banks to Charge Negative Interest Rates; Merit of Bitcoin?

AUG 01, 2016
by Joseph Young

Over the past few days, Britain’s major banks have been notifying their customers of potential implementation of negative interest rates.

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What Makes Japan Second Largest Bitcoin Market, Potentially First

MAY 13, 2016
by Shivdeep Dhaliwal

Having overtaken the US, Japan has become the world’s second Bitcoin market, after China. Will the Empire of the Sun move ahead of all to completely embrace dig...

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Bitcoin In The Time Of Negative Interest Rates

APR 12, 2016
by Jacob J

The Central Banks of Japan and Europe have imposed negative interest rates on deposits. Would these blunt monetary tools of Central Bankers be effective if bitc...

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How Can a Bitcoin Bank Pay Interest?

JUN 19, 2015
by Amanda B. Johnson

While several global headlines have declared that millennials are increasingly disinterested in banks, the owners of BTC.sx exchange have launched Magnr, “the f...

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Cash is Going Extinct, Unless You Pay to Protect It

JUN 04, 2015
by George Samman

And so the war on cash begins with its first casualties: Swiss pension funds and large depositors at banks worldwide are beginning to feel the impact of negativ...

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Inflation, Negative Interest Rates and the ‘New Normal’

MAY 09, 2015
by George Samman

Global interest rates are at their lowest levels in decades. This has baffled many leading economists and global fund managers.

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Interest and Positive Attitude towards Bitcoin Proven by Bank of Japan

DEC 25, 2013
by Andrew Marshall

The governor of the Bank of Japan Haruhiko Kuroda has made a statement on bitcoin during the regular press conference.

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Rate of Interest for Bitcoins Rises on the Forex Market

NOV 24, 2013
by NikHom

The recent news from the bitcoin world can be evaluated both positive and negative, but as we know all kind of publications except the necrologue is a very valu...

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