Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’
During the Covid-19 pandemic, central banks such because the U.S. Federal Reserve loosened fiscal and financial coverage. Now, these similar monetary establishments are seemingly partaking...
Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations
Janet Yellen, the U.S. secretary of the Treasury, despatched a letter to Congress on Friday urging lawmakers to extend the spending restrict. Yellen careworn that...
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
On July 8, 2022, the corporate behind the most important stablecoin on the earth, Tether, revealed that the agency liquidated a mortgage made to the...
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com
The crypto agency Blockchain.com has revealed it has secured as much as $100 million in liquidity from Truefi’s single-borrower pool. The pool can be initially...
Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings
A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support...