Newsletter
The crypto market soared past $3.27 trillion as Bitcoin reclaimed $100,000, Ether jumped 26% after the Pectra upgrade and Trump’s UK trade deal fueled bullish sentiment.
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Loans News
Loans are certain amounts of money given by an individual, organization or government to the another entity. The recipient is usually obliged to return the loan with additional interest. Loans are one of the driving forces of current economies and a crucial part of the financial sector. Loans can take various forms and may include loans in goods, fiat money loans, cryptocurrency loans, etc. The practice of crypto loans is new and has its flaws, mostly connected to the high volatility and technical difficulties inherent to cryptocurrency. However, Bitcoin (BTC) loans are already available in several BTC loan sites, some of which provide a rather quick Bitcoin loans procedure. Cryptocurrency loans may become the new standard for receiving loans — due to the high speed of transaction, the trusted distributed ledger and inclusion of information technologies.
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With Bitcoin hovering around $95,000 to $97,000, Xapo Bank CEO Seamus Rocca sees growing investor confidence to borrow using BTC as collateral.
2967 - How to
Discover platforms offering crypto-backed mortgages, allowing you to use digital assets like BTC and ETH to finance real estate purchases without selling your holdings.
12167 - News
The total crypto lending market has yet to recover from the collapse of top CeFi lenders, but DeFi borrowing has made a 959% recovery from the bear market bottom.
3101 - News
An initial tranche of $50 million will be used to develop Bitfarms’ Panther Creek data center in Pennsylvania.
9838 - News
Available to pre-approved customers, Xapo Bank’s Bitcoin USD loans target long-term hodlers who can now access loans of up to $1 million.
4324 - Markets News
The Bitcoin-backed loans market is expected to grow fivefold in the coming years. Cointelegraph explores the nuts and bolts of the niche industry.
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EDU Chain will support educational apps and onchain education with tamper-proof credentials and developer incentives.
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Coinbase vice president Max Branzburg said the product demonstrates the exchange’s “commitment to economic freedom.”
9043 - Spotlight
This DeFi protocol introduces self-repaying loans, easing borrowing burdens and ensuring users share in the ecosystem’s growth.
26697 - News
El Salvador reportedly expects to reach an agreement with the IMF on a $1.3 billion loan deal in return for changes in its Bitcoin Law.
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Low-income households with high crypto exposures saw the largest increase in mortgage and auto loan originations and balances, US Treasury research revealed.
10322 - News
High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million.
26455 - News
The milestone moment comes 10 months after the country legalized crypto for payments in commercial contracts last December.
6801 - News
An MEV bot took out a $11.9 million loan to sandwich attack a user but barely made enough to cover lunch.
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