Shares of Deutsche Bank, Other Euro Lenders Tumble

Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank Credit Default Swaps Jump to 4-Year … Read more

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision of liquidity via the standing U.S. dollar … Read more

US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%

According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great majority of people are still not interested in buying or renting homes at the moment. Economists predict that home sales could shudder in the next … Read more

Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market

The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage crisis. Most of these observers believe there’s no … Read more

6 High Interest-Paying Options for Crypto Lenders

As anyone who has ever sought to lend crypto will attest, significant variance exists in the APR offered to lenders. Indeed, the spectrum can swing from 1% to 8% – even when it’s the same asset being loaned across platforms such as Coinbase, Poloniex, Compound and Dharma. As a consequence, would-be lenders seeking passive income … Read more

PR: LendaBit.com Launches Excellent P2P Service for Unverified Borrowers

LendaBit.com, one of the fastest-growing P2P lending platforms, is pleased to announce the launch of a new special service campaign aimed at further loan liberalization for unverified platform users. From now on, all registered platform users are able to take crypto loans up to 300 USDT on a daily basis, where the borrowing fee accounts … Read more

PR: INLOCK Signs MoU with Institutional Lending Provider – Partners with Major CEE Crypto ATM Manufacturer to Test Its Platform

BUDAPEST (SEPTEMBER 18, 2018) — INLOCK, a crypto lending platform where licensed lenders can compete for borrowers who want to use their cryptocurrency as collateral for loans, announced today that it has signed a Memorandum of Understanding (MoU) with an institutional lending provider and entered a partnership with one of the Central and Eastern European … Read more

Lenders May Deny Your Mortgage Application if You Sold Bitcoin in the Past

Over the past year, cryptocurrencies like bitcoin have gained in value and some people have ‘cashed out’ their digital assets in order to purchase cars or a new home. However, some people who have sold cryptocurrencies in the past may have a hard time getting a home loan even though they have the funds to … Read more