Xapo Bank Unveils Bitcoin-Backed Loans
Xapo Bank has launched a Bitcoin-backed loan service, enabling eligible members to obtain USD loans without selling their Bitcoin.
Xapo Bank has launched a Bitcoin-backed loan service, enabling eligible members to obtain USD loans without selling their Bitcoin.
The Bank of Korea has opted not to include Bitcoin in its foreign exchange reserves due to its high volatility and failure to meet the International Monetary Fund’s guidelines on liquidity and risk management.
Bitwise has launched a new exchange-traded fund.
Mt. Gox has recently transferred a considerable amount of Bitcoin, totaling 11,834 BTC (approximately $910 million).
Michael Saylor advocates for the US to engage in regular daily purchases of Bitcoin from 2025 to 2035, when the majority of the total supply will have been mined.
President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve and a stockpile of other digital assets.
Bitwise CIO Matt Hougan has suggested that the initiative will ultimately be positive for digital assets despite experiencing initial volatility.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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