💰 Coinbase to Offer Bitcoin-Backed Loans to US Customers:
Coinbase will allow US retail customers to borrow fiat loans against up to 30% of their Bitcoin holdings in the fall. The exchange sets conservative parameters for the product, limits credit lines to $20,000 per customer and offers an interest rate of 8% for Bitcoin-backed loans with maturities of one year or less. The product is only available in 17 states, but Coinbase is seeking licenses in other states and countries to expand its lending service. 🔗 Read more
Coinbase will allow US retail customers to borrow fiat loans against up to 30% of their Bitcoin holdings in the fall. The exchange sets conservative parameters for the product, limits credit lines to $20,000 per customer and offers an interest rate of 8% for Bitcoin-backed loans with maturities of one year or less. The product is only available in 17 states, but Coinbase is seeking licenses in other states and countries to expand its lending service. 🔗 Read more
💥 Huge Bitcoin Ad in the Financial Times:
Digital asset manager Galaxy Digital has plastered the Financial Times with a full-page Bitcoin ad today, with the broadsheet boasting a daily distribution of 78,000—that's a lot of eyes on Bitcoin. "In uncertain times, Bitcoin is a hedge independent of the hegemony," the broadsheet ad boldly reads. The ad positions Bitcoin's "hard-coded" fixed supply and consequent scarcity as a hedge against risks, such as inflation, that arise from economic uncertainty. 🔗 Read more
Digital asset manager Galaxy Digital has plastered the Financial Times with a full-page Bitcoin ad today, with the broadsheet boasting a daily distribution of 78,000—that's a lot of eyes on Bitcoin. "In uncertain times, Bitcoin is a hedge independent of the hegemony," the broadsheet ad boldly reads. The ad positions Bitcoin's "hard-coded" fixed supply and consequent scarcity as a hedge against risks, such as inflation, that arise from economic uncertainty. 🔗 Read more
Short term sentimental analysis
Anonymous Poll
54%
I'm bullish
15%
I'm bearish
17%
I'm neutral
14%
Show results
📰 This Week In Crypto (33)
1. Coinbase to offer Bitcoin-backed loans to US customers
2. Institutional Investors Swap Gold for BTC
3. CoinMarketCap launched CoinMarketCap Earn
4. Huge Bitcoin Ad in the Financial Times
5. Chainlink hit a new ATH
CW32 (last week)
1. Coinbase to offer Bitcoin-backed loans to US customers
2. Institutional Investors Swap Gold for BTC
3. CoinMarketCap launched CoinMarketCap Earn
4. Huge Bitcoin Ad in the Financial Times
5. Chainlink hit a new ATH
CW32 (last week)
💸 Bitcoin Price Breaks $12K To New 2020 High:
Bitcoin price had been lingering under the $11,900 mark for the past 48 hours, but in the last hour, a sudden surge in buying pressure finally arrived, which assisted in driving prices over the psychological $12,000 resistance for the first time in over a week. The bulls drove the price higher than $12,125, which was the 2020 high since the beginning of August. Bitcoin is currently trading at $12,350. 🔗 Read more
Bitcoin price had been lingering under the $11,900 mark for the past 48 hours, but in the last hour, a sudden surge in buying pressure finally arrived, which assisted in driving prices over the psychological $12,000 resistance for the first time in over a week. The bulls drove the price higher than $12,125, which was the 2020 high since the beginning of August. Bitcoin is currently trading at $12,350. 🔗 Read more
🇷🇺 Russian Bank Reportedly Issued Crypto Loan:
Expobank, a commercial bank in Russia, has reportedly issued the country’s first ever loan backed by cryptocurrency. According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens. Waves CEO and founder Alexander Ivanov confirmed the news in a tweet, noting that the loan used Waves tokens as collateral. 🔗 Read more
Expobank, a commercial bank in Russia, has reportedly issued the country’s first ever loan backed by cryptocurrency. According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens. Waves CEO and founder Alexander Ivanov confirmed the news in a tweet, noting that the loan used Waves tokens as collateral. 🔗 Read more
📈 Value Transfer on Ethereum Reaches $1.6 B
Data shows the value of crypto assets transferred on Ethereum is now equal to that of Bitcoin. Using data from the financial intelligence firm Coin Metrics, Messari researcher Ryan Watkins highlighted the fact that Ethereum and ERC-20 tokens transferred on the Ethereum network have reached parity with the leading crypto by market cap, with both standing at $1.6 billion worth of transfers on-chain per day. He believes ETH is just getting started and will soon take over the top spot ahead of Bitcoin in total transaction volume. 🔗 Read more
Data shows the value of crypto assets transferred on Ethereum is now equal to that of Bitcoin. Using data from the financial intelligence firm Coin Metrics, Messari researcher Ryan Watkins highlighted the fact that Ethereum and ERC-20 tokens transferred on the Ethereum network have reached parity with the leading crypto by market cap, with both standing at $1.6 billion worth of transfers on-chain per day. He believes ETH is just getting started and will soon take over the top spot ahead of Bitcoin in total transaction volume. 🔗 Read more
Do you own any crypto?
Anonymous Poll
23%
No, but I am interested
3%
No, I am not interested
29%
Below $1k
22%
$1k - $5k
23%
Over $10k
📰 This Week In Crypto (34)
1. Now +30 M addresses holding Bitcoin
2. Value Transfer on Ethereum reaches $1.6 B
3. Grayscale's total AUM now over $6 B
4. Russian Bank issued first Crypto Loan
5. Bitcoin price broke $12K
CW33 (last week)
1. Now +30 M addresses holding Bitcoin
2. Value Transfer on Ethereum reaches $1.6 B
3. Grayscale's total AUM now over $6 B
4. Russian Bank issued first Crypto Loan
5. Bitcoin price broke $12K
CW33 (last week)
📈 IMF Published Video Explaining Cryptocurrency
The International Monetary Fund (IMF) has published a video explaining what cryptocurrency is. Besides suggesting that cryptocurrency could "completely change the way we sell, buy, save, invest, and pay our bills," the video states that it "could be the next step in the evolution of money." 🔗 Read Tweet
The International Monetary Fund (IMF) has published a video explaining what cryptocurrency is. Besides suggesting that cryptocurrency could "completely change the way we sell, buy, save, invest, and pay our bills," the video states that it "could be the next step in the evolution of money." 🔗 Read Tweet
Short term sentimental analysis
Anonymous Poll
43%
I'm bullish
26%
I'm bearish
19%
Neutral
12%
Show results
📰 This Week In Crypto (35)
1. Binance.US expands to Florida
2. IMF Crypto Video sees mixed Reactions
3. FTX Exchange acquires Blockfolio for $150M
4. Fed says Money Printer will go Brrr faster
5. Mastercard files Patent for Tangle-Based Billing System
CW34 (last week)
1. Binance.US expands to Florida
2. IMF Crypto Video sees mixed Reactions
3. FTX Exchange acquires Blockfolio for $150M
4. Fed says Money Printer will go Brrr faster
5. Mastercard files Patent for Tangle-Based Billing System
CW34 (last week)
🗣 Binance Promoting Bitcoin At London’s Bus Stops
The world’s largest cryptocurrency exchange, Binance, has targeted London commuters with new ads featuring Bitcoin. The crypto exchange has placed new ads at 17 bus stops in London. The image shows two older generations of coins as well as a current two-pound coin used in the U.K, followed by the largest, Bitcoin. “Money is evolving,” the ad states. “It’s time to adapt.” 🔗 Read more
The world’s largest cryptocurrency exchange, Binance, has targeted London commuters with new ads featuring Bitcoin. The crypto exchange has placed new ads at 17 bus stops in London. The image shows two older generations of coins as well as a current two-pound coin used in the U.K, followed by the largest, Bitcoin. “Money is evolving,” the ad states. “It’s time to adapt.” 🔗 Read more
🦄 Uniswap's Daily Trading Volume Overtakes Coinbase Pro
As a decentralized exchange platform, Uniswap's daily trading volume reached new highs and exceeded the daily volume of Coinbase Pro for the first time ever. The founder of Uniswap tweeted that the trading volume of Uniswap in the last 24 hours at $426 million was higher than the trading volume of Coinbase Pro at $348 million. The main reason behind of rise in Uniswap, is growing in popularity of decentralized finance (DeFi). 🔗 Read more
As a decentralized exchange platform, Uniswap's daily trading volume reached new highs and exceeded the daily volume of Coinbase Pro for the first time ever. The founder of Uniswap tweeted that the trading volume of Uniswap in the last 24 hours at $426 million was higher than the trading volume of Coinbase Pro at $348 million. The main reason behind of rise in Uniswap, is growing in popularity of decentralized finance (DeFi). 🔗 Read more
📊 Bitmex Launches Mobile App
Bitmex has finally launched a mobile app. Bitmex had long been without a mobile app and users had requested it for quite some time. The mobile app will provide users with a full range of innovative products. It is currently available on the Google Play Store and Apple Store. 🔗 Read more
Bitmex has finally launched a mobile app. Bitmex had long been without a mobile app and users had requested it for quite some time. The mobile app will provide users with a full range of innovative products. It is currently available on the Google Play Store and Apple Store. 🔗 Read more
🍆 Pornhub adds Bitcoin & Litecoin to its Payment Options
Pornhub is now accepting bitcoin (BTC) and litecoin (LTC) as payment methods. The news means Pornhub’s over 130 million daily visitors can pay for premium subscriptions in the leading cryptocurrencies. Pornhub also accepts stablecoin Tether (USDT), Tron (TRX), privacy coins Verge (XVG) and Horizen (ZEN), and PumaPay (PMA) token. 🔗 Read more
Pornhub is now accepting bitcoin (BTC) and litecoin (LTC) as payment methods. The news means Pornhub’s over 130 million daily visitors can pay for premium subscriptions in the leading cryptocurrencies. Pornhub also accepts stablecoin Tether (USDT), Tron (TRX), privacy coins Verge (XVG) and Horizen (ZEN), and PumaPay (PMA) token. 🔗 Read more
Have you invested in any DeFi projects?
Anonymous Poll
31%
Yes
38%
No, but I'm thinking about it
31%
No
📱 MetaMask Mobile Now Live
Ethereum development studio ConsenSys has announced that the MetaMask Mobile app is now available on iOS and Android devices. MetaMask Mobile is both a cryptocurrency wallet and a web browser. Users get a token wallet, key vault, and login so they can manage digital assets and access blockchain applications, such as decentralized exchange Uniswap. 🔗 Read more
Ethereum development studio ConsenSys has announced that the MetaMask Mobile app is now available on iOS and Android devices. MetaMask Mobile is both a cryptocurrency wallet and a web browser. Users get a token wallet, key vault, and login so they can manage digital assets and access blockchain applications, such as decentralized exchange Uniswap. 🔗 Read more
📰 This Week In Crypto (36)
1. First major DeFI Correction: -22%
2. Pornhub to accept BTC & LTC
3. MetaMask Mobile Now Live
4. ETC suffers 3rd 51% Attack
5. BitMEX has launched a Mobile App
CW35 (last week)
1. First major DeFI Correction: -22%
2. Pornhub to accept BTC & LTC
3. MetaMask Mobile Now Live
4. ETC suffers 3rd 51% Attack
5. BitMEX has launched a Mobile App
CW35 (last week)