Coinbase now lets users borrow up to $ 100,000 in USDC without selling bitcoin, offering flexible repayment, tax advantages, and instant access to funds via its streamlined platform. Borrow USDC Without Selling Bitcoin: Coinbase Introduces New Loan Feature Crypto exchange Coinbase (Nasdaq: COIN) announced on Thursday the introduction of bitcoin-backed loans, enabling customers to …
Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not be automatically executed, being examined on a case-by-case basis […]
Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load Systems
A recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting worldwide clean energy efforts and stabilizing electricity grids. This paper probes into the utility of mining as a flexible and versatile instrument for large-scale demand response in industries and harnessing unused energy resources. Working Paper …