1 / 1 Relevant items tagged with #BitcoinbackedLoan

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Coinbase's Bitcoin Loans Are Not What They Seem

[Jan 16 4:37 PM] Follow me on X for more Bitcoin L2 alpha@GuerillaV2 Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.)These loans are not backed by Bitcoin, nor

Bitcoin DeFi Is Finding Product-market Fit With Runes

[Jan 14 7:57 PM] Over the past year, the Bitcoin Renaissance has brought significant attention to BTCfi, or “Bitcoin DeFi” applications. Despite the hype, very few of these applications have delivered on their promises or managed to retain a meaningful number of…

How Does a Bitcoin Loan Work?

[Apr 10, 2024 11:01 AM] Bitcoin has shown itself among the best-performing assets in the last decade. In 2023, it outperformed the S&P 500, high-yield corporate bonds, and gold, soaring as much as 156 percent in a year. Today, Bitcoin demand is reaching record highs as…