Crypto News
With U.S. Financial Conditions the Loosest in Years, Bitcoin Can Continue to Thrive: Van Straten
Financial conditions in the U.S. are the loosest they have been in three years, according to the Chicago Fed's National Conditions Index (NFCI), a weekly gauge that takes into account factors such as leverage, debt and equity markets and traditional banking.The readings provide insight into three specific areas: risk, credit and leverage. For the week ended Nov. 22, the index dropped to -0.64, a level not seen since August 2021 in the aftermath of the Covid-19 pandemic.A negative reading suggests financial conditions are looser than average indicating that liquidity is readily available. A positive reading, in contrast, means tighter-than-average conditions with capital hard to come by, as during the 2008 global financial crisis.Zooming out, we're in one of the most...
HKMA Introduces Special Mortgage Scheme for Uncompleted Properties
The Hong Kong Monetary Authority has announced a special mortgage scheme to assist homebuyers of uncompleted residential properties facing financial challenges. (Read More)Source link
Bitcoin ETFs Add $676 Million in One Day as Holdings Approach Satoshi’s
After a record-breaking November, U.S. spot Bitcoin ETFs continue to see "robust" inflows in the final stretch of the year.Source link
Binance Introduces ‘Earn Wednesday’ with Limited-Time Crypto Offers
Binance launches 'Earn Wednesday', providing weekly crypto rewards across Simple Earn, ETH Staking, SOL Staking, Dual Investment, and more, available on a first-come, first-served basis. (Read More)Source link
Debanking Isn’t New—It Was Happening Before Chokepoint 2.0
The Biden administration has taken flak for debanking tech startups, specifically crypto. But it's this has been going on for a while.Source link