Author: Editor

Cryptocurrency has revolutionized the financial industry, offering new ways to access credit and invest in assets. One of the emerging trends is crypto-backed loans, which allow individuals to borrow funds using their digital assets as collateral. But can you use a crypto loan to buy gold or silver? Let’s explore how it works and what you need to consider. Understanding Crypto Loans A crypto loan is a type of secured loan where you use your cryptocurrency holdings—such as Bitcoin, Ethereum, or stablecoins—as collateral. These loans are provided by crypto lending platforms, which allow borrowers to access cash or stablecoins without…

Expatriates often face difficulties accessing traditional financial services, especially loans, due to the lack of a local bank account. However, cryptocurrency lending platforms provide a viable alternative, allowing expats to secure loans without relying on conventional banks. What Are Crypto Loans? Crypto loans are a type of financing where borrowers use their digital assets as collateral to obtain fiat currency or stablecoins. Unlike traditional loans, crypto loans do not require a credit check or a bank account, making them an attractive option for expats who struggle with banking restrictions in foreign countries. How Crypto Loans Work Why Expats Should Consider…

Inflation refers to the rate at which the value of money decreases, causing the prices of goods and services to rise. It is a natural part of an economy, but if left unchecked, it can reduce the purchasing power of your money. One way to counter inflation is through inflation hedging, which involves choosing investments that can maintain or increase in value as inflation rises. Some investments may appear to provide good returns, but when inflation is considered, their actual value may decline over time. A smart investor can plan ahead by selecting assets that perform well during inflationary periods.…

Residents of Nakuru County have taken a bold step by filing a petition with the county assembly, demanding an immediate investigation into the prolonged absence of Governor Susan Kihika. The petition, which was submitted on Thursday afternoon, gives the county assembly a two-week deadline to provide a clear explanation regarding the governor’s continued absence from office. Signed by more than 2,000 residents, the petition not only questions Kihika’s whereabouts but also calls for a thorough audit of all foreign trips undertaken by Nakuru County officials. Additionally, the residents want updates on the ongoing investigations into the disappearance of Brian Odhiambo,…

The government, through the Ministry of Education, has announced plans to review and adjust university fees as part of a broader initiative to ensure smooth and uninterrupted learning in higher education institutions. Appearing before the Senate Education Committee on Thursday afternoon, Higher Education Loans Board (HELB) Chief Executive Officer Geoffrey Monari explained that the proposed changes aim to strike a balance between affordability for students and financial sustainability for universities. While updating the committee on the current status of HELB, Monari disclosed that the government is also looking into increasing the board’s financial capacity to provide more student loans and…

A day after the National Transport and Safety Authority (NTSA) suspended the operations of the well-known commuter bus company, Super Metro, reports indicated that the company’s minibuses were still on the road. A survey by Newshub.co.ke confirmed that Super Metro vehicles continued to operate, ferrying passengers across Nairobi city despite the suspension. This development comes after NTSA issued a public warning, advising Kenyans not to board the company’s minibuses. The transport regulator also directed traffic police officers to seize any Super Metro vehicles found operating. Why Super Metro is Still Operating Despite NTSA’s directive, Super Metro officials explained that they…

Expats often face challenges when trying to access financial services in a new country, especially when they don’t have a local bank account. Traditional banks require extensive documentation, credit history, and residency proof, making it difficult for expatriates to secure loans. However, cryptocurrency-backed loans offer a solution. These loans allow expats to access funds without relying on a traditional financial institution. Here’s how you can get a crypto loan as an expat. What Are Crypto Loans? Crypto loans are loans where cryptocurrency is used as collateral. Instead of undergoing credit checks or providing bank statements, borrowers deposit their crypto assets…

When central banks like the Federal Reserve lower interest rates, traditional financial institutions adjust their lending policies to reflect cheaper borrowing costs. However, the crypto market operates differently. Unlike traditional finance, where rate cuts usually lead to lower borrowing costs, crypto lending rates are influenced more by demand for leverage rather than central bank decisions. Crypto Lending and Interest Rate Cuts This unique behavior was evident when the Federal Reserve cut interest rates by 50 basis points (bps) in September. Normally, such a move would result in lower lending rates across financial markets. However, crypto lending rates, particularly for Bitcoin…

Cryptocurrency lending has gained popularity as investors look for ways to leverage their assets. Two common options for borrowing digital assets are stablecoins and Bitcoin. While both offer unique advantages, they also come with risks. Understanding the pros and cons of borrowing stablecoins versus borrowing Bitcoin can help you make informed financial decisions. Borrowing Stablecoins Stablecoins are cryptocurrencies pegged to stable assets like the U.S. dollar, minimizing price volatility. Some popular stablecoins include USDT (Tether), USDC (USD Coin), and DAI. Pros of Borrowing Stablecoins Cons of Borrowing Stablecoins Borrowing Bitcoin Bitcoin is the largest and most well-known cryptocurrency, known for…

Westlands MP Tim Wanyonyi Speaks on Missing Ruto’s Kamukunji Rally Westlands Member of Parliament, Tim Wanyonyi, has finally addressed claims that he deliberately skipped President William Ruto’s Kamukunji rally in Nairobi. Speaking during an interview with Milele FM on Wednesday, March 19, 2025, Wanyonyi dismissed rumors suggesting that he was avoiding Nairobi Governor Johnson Sakaja, who is expected to be his political rival in the 2027 gubernatorial elections. He also refuted allegations that his absence from the prayer meeting at Bomas for Raila Odinga’s African Union Commission (AUC) bid was due to personal differences with other leaders. Wanyonyi explained that…