Coinbase is revolutionizing crypto lending with a nationwide rollout of bitcoin-backed loans up to $1 million, unlocking instant liquidity without triggering taxable events. Borrow up to $1M Without Selling—Coinbase Expands Bitcoin-Backed Loans Nationwide Crypto exchange Coinbase (Nasdaq: COIN) announced on social media platform X on April 30 that its bitcoin-backed loan service is now fully […] Original
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Key Notes VIRTUAL is up 17% in the last 24 hours, currently trading at $1.47. The recent Genesis Launch has spiked demand for the Virtuals Protocol. A breakout from the January resistance trendline signals renewed bullish momentum for the token. Virtuals Protocol VIRTUAL $1.46 24h volatility: 14.9% Market cap: $952.91 M Vol. 24h: $556.25 M has recently exploded, posting a 150% rally in the past seven days. According to the data provided by CoinMarketCap, the token is now trading at $1.47, up by 17% in the past 24 hours. The…
Coinbase Asset Management is preparing to launch the Coinbase Bitcoin Yield Fund on May 1, offering non-U.S. institutional investors a new way to earn yield on their Bitcoin holdings. As originally reported by Bloomberg, Coinbase Asset Management will launch a new investment product designed to generate yield on Bitcoin (BTC) holdings. The Coinbase Bitcoin Yield Fund will open on May 1, exclusively targeting non-U.S. institutional investors. The strategy behind the fund is based on the practice called “basis trading”, which involves exploiting the price difference between BTC spot price and…
Wallet provider MetaMask is launching a crypto payments card that will allow users to spend self-custodied funds, offering crypto holders additional ways to use their tokens. The new card is backed by Mastercard and is being developed in partnership with CompoSecure and Baanx, according to the company. The product uses smart contracts to execute the IRL (In Real Life) transactions, with a processing speed under five seconds. It operates on the Linea network, a layer-2 scaling solution on Ethereum. The companies marketed the self-custodied crypto card as an alternative to…
Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US. The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase. “To address the growing institutional demand for bitcoin yield, Coinbase Asset Management is excited to introduce the Coinbase Bitcoin Yield Fund (CBYF),” the company wrote. The fund is backed by multiple investors, including Aspen Digital, a digital…
SPAR supermarket chain is rolling out BTC payments across Switzerland after a successful pilot in Zug and Kreuzlingen. According to a recent update from crypto services firm DFX Swiss, SPAR grocery stores will soon expand their acceptance of Bitcoin (BTC) as a payment option across Switzerland. SPAR’s crypto payment system is powered by OpenCryptoPay, a platform developed by DFX Swiss, which uses the Bitcoin Lightning Network to enable fast and low-cost transactions. To complete their purchase, shoppers simply scan a static QR code presented by the cashier on checkout. The…
Key Notes Casper (CSPR) jumped almost 60% in 24 hours, now trading at $0.016. The token secured the 192nd spot among the top 200 cryptocurrencies with a $211 million market cap. The rally comes as excitement builds for the Casper 2.0 launch set for May 6. Casper Network CSPR $0.0156 24h volatility: 52.7% Market cap: $202.70 M Vol. 24h: $130.87 M is witnessing a remarkable rally, trading at $0.016 after jumping nearly 60% in the last 24 hours. According to CoinMarketCap, the token’s trading volume surged by 2,500%, reaching $121…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. CME Group, a leading derivatives provider, has announced the launch of cash-settled XRP futures. This cryptocurrency-tied derivative product will be launched on May 19 after necessary regulatory approvals. It’s also worth noting that CME successfully launched…
Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets. With investors seeking more flexible product offerings under one platform, the “line is blurring” between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a “growing synergy,” according to Gracy Chen, CEO of Bitget, the world’s sixth-largest crypto exchange. In the wider crypto space, Securitize partnered with Mantle protocol to launch an institutional fund that will generate yield on a basket of diverse cryptocurrencies, similar to…