Celsius pays down 143M in DAI loans since July 1

The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.

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FTX CEO Sam Bankman-Fried now single largest shareholder of Voyager Digital

On June 22, Voyager released a press release announcing a $200 million and 15K Bitcoin loan from Alameda Ventures. The post FTX CEO Sam Bankman-Fried now single largest shareholder of Voyager Digital appeared first on CryptoSlate.

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Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt

The miner sold 3,000 BTC in the past week to reduce its Galaxy credit facility. It also closed an NYDIG equipment-financing loan.

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Can Bitcoin Solve Our Debt Addiction?

Many cryptocurrency lending schemes are eerily similar to banks’ abilities to loan out money and create debt through fractional reserve banking.

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Bitfarms Looks to Boost Liquidity With Sale of 1,500 Bitcoin, New Loan

The miner partially paid down a credit line from Galaxy Digital while inking new equipment financing from NYDIG.

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DeFi Protocol Inverse Finance Exploited for $1.2M

Attackers appear to have used a flash loan attack to drain Inverse Finance of bitcoin and tether.

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MicroStrategy denies receiving a margin call against $205M BTC-backed loan

Business intelligence company MicroStrategy claims it has not received a margin call against the $205 million Bitcoin (BTC)-backed loan it took in March, Reuters reported. The post MicroStrategy denies receiving a margin call against $205M BTC-backed loan appeared first on CryptoSlate.

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Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns 

Michael Saylor has clarified that the company's strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitcoin-backed loan.

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There is no margin call on Bitcoin loan, says Michael Saylor

Bitcoin has dropped below the $20k level, and MicroStrategy has seen its stock price… The post There is no margin call on Bitcoin loan, says Michael Saylor appeared first on CoinJournal.

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No, MicroStrategy Is Not Facing Margin Call on Bitcoin Loan

MicroStrategy CEO Michael Saylor has denied that his company is facing a margin call due to the Bitcoin price rout

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MicroStrategy CEO Sheds Margin Call Woes As Bitcoin Nears $21,000

Michael Saylor took to Twitter to assure investors that MicroStrategy’s balance sheet is well-positioned to avoid a margin call in its bitcoin-backed loan.

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MicroStrategy May Need to Fund Its Loan as Bitcoin Inches Its Liquidation Price

One of the biggest Bitcoin holders on the market is getting ready to fund its massive position

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A Look Inside MicroStrategy’s $2.4 Billion Loan Used To Buy Bitcoin

Software firm MicroStrategy has cemented its position as a major Bitcoin player with its numerous large purchases. The company which is valued at $1 billion had put a significant portion of its own funds into buying BTC but the majority of the money used to purchase all of the bitcoin had been from loans.

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Shanghai court affirms that Bitcoin is virtual property, subject to property rights

A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process.

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Michael Saylor Defends Bitcoin-Backed Loan

Michael Saylor has weighed in on concerns that his company’s Bitcoin-backed loan from Silvergate could be margin called by stating his willingness to put up even more Bitcoin to maintain...

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Saylor Pledges More Bitcoin to Back Loan From Silvergate Following Price Drop

Michael Saylor, CEO, and co-founder of MicroStrategy reassures lender Silvergate Bank that the company will post alternative collateral for a $205M loan should BTC dip below $3,562. The post Saylor Pledges More Bitcoin to Back Loan From Silvergate Following Price Drop appeared first on BeInCrypto.

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MicroStrategy Gives Lowest Bitcoin Price to Avoid Holdings Liquidation

MicroStrategy took out a $205 million Bitcoin-collateralized loan with Silvergate Bank to purchase more Bitcoin

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Terra’s LFG To Loan 750M UST To Accumulate Bitcoin As Crypto Market Loses Over $170 Billion In A Day

LFG acknowledged the ongoing market volatility had hit almost all risk assets, with the effect on crypto-assets being significantly bloody.

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Argo Blockchain secures $71 Million NYDIG loan to buy more Bitcoin miners

Crypto mining firm Argo Blockchain PLC (LSE:ARB) and (NASDAQ:ARBK) has secured additional financing for… The post Argo Blockchain secures $71 Million NYDIG loan to buy more Bitcoin miners appeared first on Coin Journal.

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Coinbase took out the first Bitcoin-backed loan from Goldman Sachs

The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow.

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Goldman Sachs Partners With Coinbase For Bank’s First Bitcoin-Backed Loan

Bloomberg reported that Coinbase borrowed an undisclosed amount of cash that was collateralized by bitcoin in a historic transaction from Goldman Sachs.

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Goldman Sachs recently offered its first Bitcoin (BTC)-backed loan

Goldman Sachs has announced the availability of its first-ever lending facility backed by Bitcoin (BTC), Bloomberg reported. The post Goldman Sachs recently offered its first Bitcoin (BTC)-backed loan appeared first on CryptoSlate.

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Goldman Sachs Offers Its First Bitcoin-Backed Loan: Report

Goldman has reportedly offered its first ever lending facility backed by BTC as the Wall Street giant deepens its Bitcoin offerings.

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MicroStrategy Deepens Its Bitcoin Bet With 4,167 BTC Purchase

MicroStrategy has proved it is not slowing down anytime soon when it comes to buying bitcoin. Not long after news broke that the firm had taken a $200 million loan to purchase bitcoin, it has made its first announcement that it has purchased BTC presumably using the loan it had secured earlier. This latest purchase […]

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MacroStrategy Buys $190 Million Bitcoin

MicroStrategy’s subsidiary MacroStrategy announced the purchase of 4,167 bitcoins in a filing with the Securities and Exchanges Commission. That follows a bitcoin collateralized loan of $205 million secured last Tuesday....

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MicroStrategy borrows an additional $205 million to buy Bitcoin, what could go wrong?

MicroStrategy has announced securing a loan with Silvergate Bank. The post MicroStrategy borrows an additional $205 million to buy Bitcoin, what could go wrong? appeared first on CryptoSlate.

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Locked And Loaded: MicroStrategy Takes $200M Loan To Buy Bitcoin

Software company MicroStrategy is read to buy the Bitcoin dip. According to a press release, the company took a $205 million loan from Silvergate Bank, a financial solution provider for the crypto industry.

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MacroStrategy secures a $205M loan to purchase more BTC

MacroStrategy LLC, a subsidiary of business intelligence company MicroStrategy, has taken out a $205 million loan to buy Bitcoin (BTC). The post MacroStrategy secures a $205M loan to purchase more BTC appeared first on CryptoSlate.

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MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan

The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion.

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MacroStrategy Closes $205 Million Bitcoin-Collateralized Loan From Silvergate Bank To Buy BTC

MacroStrategy, subsidiary of MicroStrategy, closed on a $205 million loan through Silvergate Bank, collateralized by bitcoin in order to purchase more bitcoin.

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MicroStrategy Unit Gets $205M Collateral Loan From Silvergate to Buy Bitcoin

The term loan from Silvergate Bank can also be used for general corporate purposes.

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MicroStrategy Subsidiary Borrows $205 Million from Silvergate Bank to Buy Bitcoin

A subsidiary of Michael Saylor's company has taken a Bitcoin-collaterized loan to stock up on BTC

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MacroStrategy to Buy $200 Million Bitcoin

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If you want to take a loan to buy Bitcoin, your best bet might be. . .

Here's the (literally) life-changing, million dollar question that countless wannabe crypto-investors ask themselves before diving in: Should I take a loan to buy Bitcoin? Two well-known personalitiesThe post If you want to take a loan to buy Bitcoin, your best bet might be. . . appeared first on AMBCrypto.

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If you want to take a loan to buy Bitcoin, your best bet might be...

Here's the (literally) life-changing, million dollar question that countless wannabe crypto-investors ask themselves before diving in: Should I take a loan to buy Bitcoin? Two well-known personalitiesThe post If you want to take a loan to buy Bitcoin, your best bet might be... appeared first on AMBCrypto.

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Bitcoin Miner Mawson Signs 100MW Hosting and Debt Deal With Celsius Mining

Mawson will also receive a $20 million loan from Celsius Mining.

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El Salvador explores low-interest loans backed by Bitcoin

The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country.

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Best Bitcoin Loan Sites – Safest Crypto Lending Platforms

Bitcoin’s flexible nature has enabled it to evolve into a multifaceted financial phenomenon that acts primarily as a store of value but can be used for many other purposes as well. One of the emerging trends in bitcoin industry are bitcoin loans that can be taken from bitcoin lending platforms – which is the topic […] The post Best Bitcoin Loan Sites – Safest Crypto Lending Platforms appeared first on CaptainAltcoin.

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Hut 8 Ends 2021 With 5,518 BTC In Reserve, Secures $30M Loan

The bitcoin miner added 276 BTC to its holdings in December after mining 8.9 BTC per day that month.

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What you should know about the debate around Bitcoin-backed bank loans

A few years from now, could your next loan be backed by Bitcoin? A mind-blowing concept isn't it? And, that's exactly what investment expert Anthony Pompliano and Schiff Gold Chairman Peter Schiff satThe post What you should know about the debate around Bitcoin-backed bank loans appeared first on AMBCrypto.

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Institutions Exploring Yield Opportunities Across Layer 1s With “Greater Borrowing Appetite” for ETH – Genesis Q3 Report

Crypto lender Genesis reported a record $35. 7 billion in loan organizations for the quarter third of 2021, up 40% from the previous quarter and a growth of 586% year-over-year. In its Q3 report, the company noted the continuous institutionalization of Bitcoin has made it less attractive to more opportunistic traders.

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New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan

Coinbase users can now borrow up to $1 million in cash using their Bitcoin as collateral, this information was revealed via the crypto exchange’s official Twitter handle. The post New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan appeared first on CryptoSlate.

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Bitcoin Loans: Understanding the Fundamentals

Let’s take a moment and discuss what a Bitcoin loan is. Any regular borrower or lender will quickly understand this. You can borrow or lend BTC just like any other loan. However, there are terms and conditions that both parties sign to bind them to the agreement.

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El Salvador Lines $1.3 Billion IMF Loan By Using Bitcoin Adoption To Even The Odds

El Salvador is courting the IMF for a loan worth $1. 3 billion. The country is reportedly planning to use its Bitcoin adoption to sweeten the deal. Several factors may impede El Salvador’s chances at convincing the IMF for loan approval.

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IMF Loan Not Threatened by Salvadoran Bitcoin Adoption, Says Central Banker

El Salvador’s adoption of Bitcoin will not threaten its $1.3 billion loan agreement with the International Monetary Fund, the country’s central bank president said. The post IMF Loan Not Threatened by Salvadoran Bitcoin Adoption, Says Central Banker appeared first on BeInCrypto.

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Bitcoin Is Part of Plan to Get IMF-Approved $1.3 Billion for El Salvador: Bloomberg

Here's how Bitcoin may help El Salvador to receive a $1.3 billion loan from the IMF

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Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker

The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.

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What Safe Haven? Bitcoin Behaves Like Risk-Asset During Evergrande Mayhem

Bitcoin has suffered in the wake of the brewing Evergrande crisis in China. The leading Chinese junk-bond issuer has now missed two loan repayments. Its connection to the broader crypto market has been linked to Tether.

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Can You Get a Bitcoin Loan With NO KYC & Collateral?

Getting a loan from a traditional financial institution is getting harder, and loan applications go through intense scrutiny before sanction.   In order to obtain a loan, borrowers have to cross many hurdles such as having a good credit history, high civil score, substantial collateral, and many other issues.

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