A rising interest rate environment courtesy of the Federal Reserve could hit deflationary cryptocurrencies hard, according to Robert Leshner, who spoke to Fortune about why he started a company called Compound. Fed Expected to Hike Interest Rate In the interview, Leshner points out that cryptocurrency has so far only existed in a low interest-rate US economy. As this starts to reverse, a series of rate hikes by the Federal Reserve put crypto in uncharted waters. Currently,Read MoreBitcoinist.com.
11/04/2018 / 18:00:43
Published on CoinnounceCryptocurrencies which are most reliable for the mining operations. Mining profitability has decreased on a general basis Bitcoin, when initiated in 2009, gave rise to many other cryptocurrencies and the process didn’t seem to be ending there. As time progressed, constant development was observed concerning the crypto domain and not only in respect to […]Coinnounce.
09/30/2018 / 07:37:12
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The bitcoin price is hovering near its best levels of the year, and Comcast Ventures’ Managing Director Gil Beyda says it’s because people are realizing there’s “real value” in bitcoin and blockchain. While 2017 was a year where investors were focused on getting rich quick and doubling/tripling/quadrupling their money, the froth is now out ofCCN
04/30/2018 / 16:26:57
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