On Jan. 16, Coinbase re-launched a Bitcoin-backed loan service, allowing US users to borrow USDC (USDC) using their Bitcoin ...
Investors are discovering new ways to put their Bitcoin (CRYPTO: BTC) holdings to use as the cryptocurrency becomes more widely accepted in the financial world. One such option is to use Bitcoin as ...
Owning Bitcoin once meant simply holding onto it and hoping for gains. Now, that same Bitcoin can unlock real-world value without being sold. Through a strategy known as Bitcoin loans, crypto holders ...
The following is the typical process for acquiring a Bitcoin loan: Lock in Bitcoin through a lending platform. Receive a loan based on a loan-to-value ratio, typically falling between 30% and 70%.
In an interview with TheStreet Roundtable, Ledn co-founder Mauricio Di Bartolomeo laid out the everyday reasons people mortgage their Bitcoin rather than sell it. Many borrowers turn to Ledn when they ...
Bitcoin loans have emerged as an alternative to traditional lending methods. Essentially, these loans involve using Bitcoin either as collateral or as the borrowed currency. However, like any ...
Forbes contributors publish independent expert analyses and insights. Mauricio di Bartolomeo is the cofounder of Ledn Salvadoran artisan Crisanta Cruz sells souvenirs with the B of bitcoin and also ...
Sberbank used its in-house crypto custody tool to back a loan for mining firm Intelion Data, signaling broader interest in crypto lending.
Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.) These loans are not backed by Bitcoin, nor are they ...
Management expects continued investment in operational improvements at Deflecto and intends to maintain a disciplined approach to cost management and capital allocation as market cycles normalize.
Coinbase’s loan service is a mix of CeFi and DeFi. The company converts BTC into wrapped BTC (cbBTC), which it then transfers to Morpho, a DeFi protocol built on Base. The latter then manages the loan ...