Ledn, a crypto lending firm, has secured a $ 50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto sector and the $ 1.38 trillion syndicated loan market. The collaboration highlights the growing …
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties. Bitcoin Miners Face Capitulation Amid Record-High Hashrate and Squeezed Margins In the latest findings from Cryptoquant’s […]
Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago and has not sold any since, continuing to buy more. Saylor views bitcoin as an ideal investment for individuals, families, corporations, and countries. Meanwhile, Microstrategy […]
The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to increasing geopolitical tensions in the Middle East and fears of conflict escalation, leading to a temporary flight to safety. He also noted that anticipated interest […]
Nuffle Labs, a contributor to the Near Protocol and Ethereum, has secured $ 13 million in a funding round led by Electric Capital. The investment aims to enhance its modular infrastructure services across various blockchain layers, promising cost-efficient solutions and rapid data finality. Nuffle Labs Bags $ 13 Million for Modular Blockchain Expansion …