New York-based multinational investment bank Goldman Sachs announced that the investment bank has launched a bitcoin-backed lending loan. This is the first over-the-counter bitcoin option traded in Ma...
Tag: BitcoinBacked
XBTO bypassing hurdles of TradFi offering bitcoin-backed mortgage
Crypto lending space would expand through such steps taking one step ahead of its current state and competing with traditional finance It’s been heard that a cryptocurrency asset management serv...
Financial Markets Not Yet Ready for Bitcoin-Backed Bonds, Says MicroStrategy’s Michael Saylor – The Daily Hodl
MicroStrategy CEO Michael Saylor says he had to borrow money from a bank to fund his firm’s latest Bitcoin purchase because the financial markets are not yet ready to invest in bonds backed by BTC. In...
Now Is Not The Right Time For Bitcoin-Backed Bonds, Michael Saylor Says
Chief Executive Officer of MicroStrategy, Michael Saylor stated that the financial market is “not quite ready” for Bitcoin Bonds. He believes that although Bitcoin-backed bonds will revolutionize the ...
Does MicroStrategy’s Michael Saylor Not Support Bitcoin-Backed Bonds?
MicroStrategy’s Michael Saylor has recently shared his thoughts around bitcoin-backed bonds which have been gaining popularity after El Salvador announced that it would be launching the first one. Say...
MicroStrategy Takes Out $205M Bitcoin-Backed Loan to Buy More Bitcoin
Michael Saylor is betting more on Bitcoin. A subsidiary of Microstrategy has just executed a $205 million cash loan using its current Bitcoin holdings as collateral. Silvergate Bank, a San Diego-based...
Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC – Finance Bitcoin News
Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bi...
The ‘Growth Collection’ — Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi’s Birthday – Bitcoin News
Following Ross Ulbricht’s non-fungible token (NFT) sale that raised 1,446 ether or $6.27 million at auction, Ulbricht is dropping another NFT compilation called the “Growth Collection.” According to t...
Crypto markets muted as El Salvador delays Bitcoin-backed bonds | Trading Ideas| OKX Academy
BTC and ETH are slightly down after consecutive green days. The total cryptocurrency market is down half a percent over the last 24 hours. Meanwhile, BTC and ETH are down around 2%. Of the limited maj...
El Salvador Postpones Issuance Of Bitcoin-Backed Bond Citing Current Market Conditions ⋆ ZyCrypto
Advertisement     El Salvador delays the launch of its Bitcoin bond possibly till September. The minister expressed hope that El Salvador would still launch the bond i...
El Salvador to delay the launch of a Bitcoin-backed bond
El Salvador has announced plans to release a Bitcoin-backed bond. The Salvadoran government has stated that the issuance of the bond will be suspended due to the Russia-Ukraine crisis. El Salvador’s p...
El Salvador Readies Launch Of Cheap Bitcoin-Backed Loans For Small Businesses ⋆ ZyCrypto
Advertisement     Despite the flagship cryptocurrency falling to six-month lows, El Salvador is not wavering in its bitcoin flag-waving. The government of the Central ...
El Salvador Plans To Give Small Businesses Low Interest Bitcoin-Backed Loans
Nayib Bukele, dubbed the “CEO of El Salvador,” is pushing the envelope by implementing Bitcoin as a legal tender in the real world. The Salvadoran government is attempting to develop a Bitcoin-backed ...
El Salvador to offer Bitcoin-backed loans to Salvadorans
El Salvador is going even more bullish on Bitcoin. With Bitcoin already being accepted as legal tender in the country, the government is exploring more ways where Bitcoin can be implemented into the f...
El Salvador wants to give small businesses access to Bitcoin-backed loans
Bitcoin is pushing deeper into the fabric of El Salvador’s economy. The Central American nation is now considering providing low-interest Bitcoin-backed loans to small and micro businesses as one of t...
Miner Bitfarms Raises $100M Bitcoin-Backed Loan With Galaxy Digital
The miner has already made an initial $60 million drawdown It has a six-month term at an interest rate of 10.75% The facility is backed by the company’s bitcoin holdings Bitcoin digger Bitfarms protec...