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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.
Opinion
To stimulate economic activity, we need to change gravity in the finance industry by implementing new solutions such as blockchain and other fintech.
Changing the Universal Gravitation in the Financial Industry
Gregory Klumov
2020-03-17T00:00:00+00:00
3016
News
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.
Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months
Helen Partz
2019-11-18T13:13:00+00:00
3772
Sponsored
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.
Instant Crypto Credit Line Provider Says It Processed $300 Million in Seven Months
Connor Blenkinsop
2019-03-04T16:10:00+00:00
9232
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 ...
As US Citizens Pay $4.7 Bln Just to Maintain Accounts, Bitcoin Wallets Offer Alternative
Joseph Young
2016-11-23T10:14:00+00:00
516
Over the past few days, Britain’s major banks have been notifying their customers of potential implementation of negative interest rates.
UK’s Largest Banks to Charge Negative Interest Rates; Merit of Bitcoin?
Joseph Young
2016-08-01T09:13:00+01:00
528
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...
What Makes Japan Second Largest Bitcoin Market, Potentially First
Shivdeep Dhaliwal
2016-05-13T14:13:00+01:00
1552
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...
Bitcoin In The Time Of Negative Interest Rates
Jacob J
2016-04-12T15:20:00+01:00
2309
While several global headlines have declared that millennials are increasingly disinterested in banks, the owners of BTC.sx exchange have launched Magnr, “the f...
How Can a Bitcoin Bank Pay Interest?
Amanda B. Johnson
2015-06-19T12:14:00+01:00
1701

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