Bloomberg Greed, Bankers and Politics Star in Danish Negative-Rate Debacle (Bloomberg) — The country with the longest history of negative interest rates just hit a milestone that may offer a glimpse of what’s to come elsewhere.In Denmark, commercial banks have had to absorb negative rates since they were first introduced by the central bank in 2012. By 2019, the industry started sharing the cost of that policy with retail depositors. Today, Danes are the world champions in bearing the… Source link

If Bitcoin were a mechanical watch, the fee market (not the free market) would be the mechanism making everything tick. This is where everything starts and ends. This is where censorship resistance comes from and where the precious resource of block space gets priced into energy consumption. The Bitcoin fee market is the first man-made free market that ever existed. In a free market: No third party can intervene in pricing No one can stop you from participating Participation is voluntary Most… Source link

Ether is excelling while the bitcoin sideshow is barely making gains. BNB breaks out on DeFi, going past $100 billion in market capitalization Monday. Ether (ETH) trading around $3,290 as of 21:00 UTC (4 p.m. ET). Gaining 10.7% over the previous 24 hours. Ether’s 24-hour range: $2,941-$3,300 (CoinDesk 20) Bitcoin (BTC) trading around $57,366 as of 21:00 UTC (4 p.m. ET). Clmbing 0.76% over the previous 24 hours. Bitcoin’s 24-hour range: $56,427-$58,929 (CoinDesk 20) Ether well above the… Source link

Litecoin (CRYPTO:LTC) is trading higher Monday but the rally may end soon. It’s getting close to a resistance level. Resistance is a large concentration of sellers gathered at the same price. At resistance levels, there is more supply than demand. That’s why rallies end when they reach them. On April 16, LTC hit resistance at the $310 level and a sell-off followed. If LTC gets to $310 again, there’s a good chance it runs into a wall of sellers once more. This… Source link

Ethereum has been on fire, rallying more than 44% in the last nine days with the cryptocurrency registered a gain in each of those sessions. While there’s been some volatility in the cryptocurrency markets, ethereum has been as steady as they come. In fact, it’s been much steadier than the largest cryptocurrency, bitcoin. While bitcoin has been trading better lately, it’s struggling on Monday, up about 2% but well off the highs. That’s even as CME Group  (CME) – Get Report launches… Source link

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are… Source link

In this article, we will take a look at the 10 best bitcoin stocks to buy now. You can skip our comprehensive analysis of the current bitcoin industry trends and go directly to 5 Best Bitcoin Stocks to Buy Now. Bitcoin is gaining momentum as the global economy recovers due to increasing consumer market demand. The world’s largest digital currency by market value soared to more than $64,000 on April 14 before plummeting to around $48,000 in the fourth week of the month. However, bitcoin’s… Source link

Ethereum, the second-largest cryptocurrency by value after bitcoin, has broken away from the bitcoin price and surged higher in recent days. The ethereum price has rocketed 30% over the last week, smashing through the closely-watched $3,000 level and taking its year-on-year gains to almost 1,500%—though it can’t compete with dogecoin’s rally. As ethereum notches fresh price highs, investors have warned bitcoin is at risk of falling behind. MORE FROM FORBESBitcoin Price Prediction:… Source link

Litecoin price rally shows a consolidation in an ascending parallel channel for nearly four months. The supply barrier ranging from $296 to $317 could put an end to the upswing. LTC could retrace 10% if it gets rejected by the area of resistance mentioned above. Litecoin price is approaching a critical level that could decide its trend for the foreseeable future. Litecoin price to run into blockade On the 1-day chart, Litecoin price is traversing an ascending… Source link

Ethereum Ethereum rose by 0.11% on Sunday. Following a 6.20% rally on Saturday, Ethereum ended the week up by 27.13% to $2,952.09. A mixed start to the day saw Ethereum fall to a late morning intraday low $2,855.29 before making a move. Steering clear of the first major support level at $2,819, Ethereum rallied to a late intraday high and a new swing hi $2,986.00. Falling short of the first major resistance level at $3,017, Ethereum eased back to end the day at $2,950 levels. At the time of… Source link