Coinbase now lets users borrow up to $100,000 in USDC without selling bitcoin, offering flexible repayment, tax advantages, and instant access to funds via its streamlined platform. Borrow USDC Without Selling Bitcoin: Coinbase Introduces New Loan Feature Crypto exchange Coinbase…
Tag: Bitcoin
Namibia Flips the Script: Central Bank Grants Provisional Approval to Crypto Firms
On Jan. 13, the Bank of Namibia announced provisional authorization for two entities, Mindex Virtual Asset Exchange and Landifa Bitcoin Trade, to operate as virtual asset service providers. Provisional Authorization First Step in Two-Step Licensing Process The Namibian central bank…
Bitcoin ETFs Halt Four Days of Outflows With $755 Million Inflow
ETF data from Jan. 15 reveals a strong rebound for bitcoin ETFs after four days of successive outflows, with ether ETFs also seeing another day of inflows. Bitcoin ETFs Back in the Green After Consecutive Losses Bitcoin exchange-traded funds (ETFs)…
XRP Nears Historic Highs: Over 23% of Supply Held by Just 11 Exchanges
As XRP reaches new price milestones in 2025, drawing closer to its historic peak, a considerable share of the digital asset resides on centralized exchange (cex) platforms. According to data from Cryptoquant, over 23% of the 57 billion tokens in…
Bitwise CIO Predicts ‘Megatrend’ of Companies Setting up Corporate Bitcoin Treasuries
Matt Hougan provided the rationale for his prediction in a weekly memo published on Monday. Corporate Bitcoin Treasuries Are an Overlooked Megatrend Software firm Microstrategy (Nasdaq: MSTR) saw revenues dip by 10% in 2024, yet it was one of the…
Kenyans HODL On: Crypto Use Soars Despite Central Bank Warnings, Study Finds
A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation. Kenya Seeks IMF Assistance According to a study by a Kenyan…
Court Orders $9 Billion Bitcoin Restitution in Bitfinex Hack Case
A federal court has determined that 94,643 bitcoin, seized following the infamous 2016 Bitfinex hack, will be returned to the cryptocurrency exchange as part of voluntary restitution agreements tied to plea deals with the convicted perpetrators. Voluntary Restitution in Bitfinex…
$99K and Counting: Bitcoin’s Meteoric Climb Mirrors Inflation Trends
On Jan. 15, bitcoin ascended to an intraday peak of $99,442 on Wednesday morning, following the release of the latest U.S. inflation data, which revealed a slowdown in core inflation. Easing Core Inflation, Explosive Bitcoin Rally: $224M Liquidated in 24…
Dedollarization Advances: Russia and Myanmar Discuss National Currency Payment System
Efforts to trade using national currencies are intensifying, as nations aim to reduce reliance on the U.S. dollar and Western financial systems while boosting economic independence. Russia’s Plans for National Currency Payment Systems Signal Declining Dollar Use Countries worldwide are…
SEC Delays Decision on Bitwise 10 Crypto Index ETF Until March
The U.S. Securities and Exchange Commission (SEC) has deferred its decision on the Bitwise 10 Crypto Index exchange-traded fund (ETF), citing the need for additional time to thoroughly review the proposal. SEC Needs More Time to Decide on Bitwise 10…