Finance
Sometimes I just watch the Bitcoin vs gold chart to get sad and ruin my day. What makes it even worse is looking at altcoins like XRP, Ethereum, and Dogecoin.At the time of writing, Bitcoin is trading at $87,500 and is down 2.44% on the weekly chart.XRP, Ethereum, and Dogecoin…
Tether, the issuer of USDT, the world’s largest stablecoin, has made a new announcement. According to the announcement, Tether has launched USA₮, a US-made, federally regulated, dollar-backed stablecoin. “Tether, the largest company in the digital asset sector, today announced the official launch of USA₮, a federally regulated, dollar-backed stablecoin developed…
Mortgage rates continue to break the 6% barrier. According to Zillow, the average 30-year fixed mortgage rate is 5.97%. The 15-year fixed rate is now 5.47%. A Yahoo Finance weekly survey of lenders with the best mortgage rates shows four of the top-five-ranked lenders have had mortgage rates below 6%…
Federal student loans are in the midst of the most significant changes in a generation after Republican lawmakers in Congress and the Trump administration signed the “One Big, Beautiful Bill Act” last summer. The legislation enacts massive reforms to student loan programs. The Education Department is now rushing to finalize…
A former Securities and Exchange Commission lawyer has publicly backed Ripple’s position that speculation alone should not be enough to trigger securities regulation. The comments, submitted as part of the SEC’s ongoing Crypto Task Force consultation, add weight to a growing policy argument that draws a sharper line between investment…
The altcoin market continues to suffer, negatively impacting liquidity. Accordingly, altcoin liquidity remains at very low levels, and this weak altcoin liquidity caused 1INCH, listed on Binance, to drop by 7% with a sell order of less than $2 million. According to an analysis shared by Chinese crypto analyst EmberCN…
Rates for home equity lines of credit and home equity loans are maintaining their multi-year lows. Second mortgage rates hit their highest rates in decades in late 2023 and have been generally declining ever since. With the lowest rates in three years, now is a good time to shop lenders…
Bank of Korea Governor Rhee Chang-yong revealed South Korea is considering a new registration regime that would allow domestic institutions to issue virtual assets, while warning that won-denominated stablecoins could enable capital flow circumvention.Speaking at the Asian Financial Forum in Hong Kong, Rhee emphasized that exchange rate volatility could trigger…
After a brief upward move at the start of the year, the XRP (XRP) price has predominantly remained under pressure, mirroring the broader market-wide downturn. As the crypto market faces ongoing headwinds, a key signal from the derivatives market suggests a potential bullish recovery once investor interest returns. XRP Price…
The Federal Open Market Committee (FOMC) is wrapping up its final meeting of the year today. During these meetings, the committee assesses the health of the economy and potentially adjusts the federal funds rate. Read on to learn more about the timeline for this meeting, what it involves, and expected…
The crypto market is up today – but just barely. The cryptocurrency market capitalisation is up by just 0.1% over the past 24 hours by the time of writing, meaning it’s largely unchanged. It still stands at $3.05 trillion, the same as yesterday. Also, 77 of the top 100 coins…
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