Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC
So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC. Go to Source Powered by WPeMatico
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Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether Liquidates Bitcoin Loan Taken … Read more
MicroStrategy shareholders letter: We’ll ‘vigorously pursue’ more BTC buys
MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor. Go to Source Powered by WPeMatico
The Best Tips on How to Get Bitcoin Loans Instantly
Bitcoin is one of the most popular digital assets that people invest in these days. As the sector grows, people have discovered that they can borrow with BTC loans that allow them to do other things in life and repay these loans according to set agreements. Fortunately, there are many platforms where people can borrow … Read more
Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets as collateral to get loans paid out in fiat or stablecoin. … Read more
