Tag: BlockFi

Anthony Pompliano Launches Crypto Jobs Portal Supported by Gemini, Coinbase, BlockFi

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Pompliano hopes to use his influence to bring crypto-oriented firms and potential employees together.  Morgan Creek Digital co-founder Anthony Pompliano has launched a crypto jobs board with Gemini, BlockFi and Coinbase. In a tweet on Wednesday, Pompliano disclosed that PompCryptoJobs was live and had ‘hundreds’ of jobs listings from its three launch partners.  We need as many talented people working in Bitcoin and crypto as possible. Today I am launching a job board focused exclusively on helping people find jobs at the best organizations. 🚨 Want to work in the…

Blockfi exec explains institutional outlook on altcoins

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Could institutional investors begin expanding into altcoin purchases? Blockfi’s vice-president for Europe and Asia, David Olsson, mentioned liquidity as a component of consideration. Some digital assets on the market, including newer ones, may see high volumes at times. “The question is, how long can that be sustained,” Olsson explained during a CfC Moritz conference segment on Wednesday, adding: “Chainlink (LINK) is one that has held up decent volume over time, but a lot of them tend to, you know, be kind of the next greatest thing, and then fizzle out…

How Coinbase helped start the Bitcoin fire! Naval predicts KYC crypto-dividend! BlockFi credit card

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Baltimore, MD- Welcome to the 1 Bitcoin Show! Coinbase helped Microstrategy acquire its BTC and this should help them get lots of corporate business soon. Naval talks about a future KYC BTC fork, screaming Karens talk about miners increasing the number of BTC beyond 21million. An exaggerated Paypal survey? Venezuela army mines BTC. Libra becomes Diem! BlockFi had a funny ad and will soon have a credit card, China FUD, the road to $20k, Ethereum 2.0, few strong hands are moving their…

Millennials will boost Bitcoin adoption for years to come: BlockFi CEO

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Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year’s BlockShow summit in Singapore. That was the key takeaway from the “Millennial investment trends — new wave of personal finance” panel featuring Aya Kantorovich of FalconX, Zac Prince of BlockFi and Grayscale’s Michael Sonnenshein. The panel delved into Millennials’ impact on the future of digital assets. During the discussion, Prince identified three major Bitcoin adoption trends that are inextricably…

Fidelity Digital Assets and BlockFi Launch Bitcoin-Collateralized Cash Loans for Institutions

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The penetration of Bitcoin in mainstream finance and the rising demand from institutions pushed Fidelity to come with offers of Bitcoin-backed cash loans. BlockFi will handle all the loan disbursement process while Fidelity Digital Assets will hold BTC as collateral in its custody. Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, has decided to roll out cash loans with Bitcoin collateral, in partnership with blockchain startup BlockFi. As per the deal, BlockFi will offer cash that is worth 60% of the loan backed by Bitcoin. Also, BlockFi will risk-manage…

Fidelity unlocks Bitcoin as collateral for borrowing on BlockFi

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Fidelity Digital Assets, the crypto arm of the asset management conglomerate, will allow institutional customers to pledge their Bitcoin (BTC) as collateral for cash loans. As reported Wednesday on Bloomberg, the firm partnered with crypto lender BlockFi to disburse the loans. Institutional clients of Fidelity’s custodial solution will be able to draw cash loans from their stored Bitcoin without having to move it, provided they have an account with BlockFi. The target customers of this feature are primarily hedge funds, miners and over-the-counter trading desks. Overcollateralized lending is generally used…

Visa, Blockfi Launching Credit Card With Bitcoin Rewards — Get BTC Back on All Transactions

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Blockfi has unveiled a credit card with bitcoin rewards in collaboration with Visa. This is “the first credit card that lets you earn bitcoin back with every purchase,” Blockfi detailed. Visa Credit Card Offering Cash Back in Bitcoin Crypto financial services provider Blockfi announced on Tuesday that its customers can start signing up for “The world’s first bitcoin rewards credit card” that will launch early next year in collaboration with Visa. “We’re excited to announce an innovative new product we’ve been working on for a long time: the first credit…

BlockFi and Visa Partner to Launch Bitcoin Rewards Credit Card Early 2021

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The rewards credit card users will receive 1.5% back on all purchases made using the card to be launched in Q1 2021. BlockFi, a New York-based cryptocurrency lender, just added “payments” to its list of products and services. BlockFi announced on December 1st that in collaboration with payment service Visa Inc (NYSE: V), it will be launching a Bitcoin rewards credit card early next year, the first of its kind. Unlike traditional credit cards that offer air travel miles, cash backs, discounts or gift cards, Bloomberg reports that users of…

Visa and BlockFi to launch Bitcoin rewards credit card as adoption grows

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Visa and BlockFi are teaming up to launch a new credit card that rewards users with Bitcoin (BTC), setting the stage for wider mainstream adoption of digital currency. BlockFi, a New York-based startup specializing in crypto-backed loans and savings accounts, announced the partnership on Tuesday. As Bloomberg reported, the new credit card will reward purchases with Bitcoin rather than airline miles or other cashback rewards. Cardholders will be eligible to receive 1.5% of their purchases back in BTC The card, which carries a $200 annual fee, will be issued by…

BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card

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Cryptocurrency lender BlockFi has taken its first step in the payments space. The New York City-based company, known for its lending operation, interest-bearing crypto products and trading desk, announced Tuesday it will launch its long-awaited bitcoin rewards credit card in the first quarter of next year. CEO Zac Prince said the credit card will be the first of its kind in an industry that is already saturated with bitcoin reward debit cards. “A lot of the debit cards that exist in the crypto ecosystem are the kind that are oriented…