Tag: Interest

New Euro-pegged Stablecoin Lets Holders Earn Annual Interest

In the cryptocurrency world, stablecoins have become a lot more prominent in the past few years. Whereas Tether’s USDT asset continues to generate the most liquidity, a fair few competitors have emerged in the past 18 months. The Universal Protocol Alliance is now looking to add another stablecoin to the mix, which can earn users up to 8% interest to boot. It will also be a currency tied to the …
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Global Cryptocurrency Volume Down 75% from January High

As global cryptocurrency markets continue to slide from elusive January highs, it’s becoming increasingly evident that the next “boom” may be further away than many¬†had anticipated. Bitcoin’s price is down¬†nearly 50% from its local January 7 high of US$17,000, and other altcoins have seen average losses of about 60% in that same time frame. While these numbers are not encouraging indicators, what may be even more significant is the change …
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US Unemployment Rise Should Not Affect Fed Interest Rate Hike in Two Weeks

Even though the US economy is showing small signs of improvement, things are not evolving in the right direction by definition. In fact, the unemployment rates continue to go up, suddenly reaching a five-month high. At the same time, the labor market continues to strengthen, and this unemployment rise is only a minor drawback, according to experts. Rising Unemployment Numbers In The United States The new unemployment numbers came as …
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USDPlus On NXT Asset Exchange Is Off to A Good Start

The NXT Asset Exchange allows anyone in the world to issue an asset of their choosing, which can either be backed by tangible value nor not. USDPlus is such an asset on the NXT Asset Exchange, which wants to establish parity with the value of the US Dollar. Additionally, holders of this USDPlus asset will be eligible for monthly interests. Quite a bold project, but there seems to be some …
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