This week, Spirit Blockchain Capital unveiled a strategic plan to earn returns on its holdings of dogecoin (DOGE). The firm acquired Dogecoin Portfolio Holdings Corp. last November, aiming to offer exposure to DOGE and committing to digital asset adoption. Spirit Blockchain’s Dogecoin Strategy Spirit Blockchain Capital Inc., a publicly listed entity trading on the Canadian […]
According to an operations and production update from MARA Holdings, a publicly traded bitcoin mining company, the firm has extended 7,377 BTC in loans to third parties to achieve a modest yield. ‘Significant Interest’ — MARA Holdings Explains Bitcoin Lending Program MARA Holdings (Nasdaq: MARA), a prominent bitcoin miner, has disclosed updates on its BTC […]
Deribit has announced the launch of the US Yield Coin (USYC) from Hashnote as a new yield-bearing cross-margin collateral option. USYC, an ERC-20 token backed by reverse repurchase agreements on U.S. Government Securities, provides traders with a stable and flexible collateral option that generates daily yield. The assets are secured in a segregated account at […]
While decentralized finance (defi) continues to innovate, it still lacks a critical component that has long been foundational in traditional finance: fixed-income products. I sat down for a great conversation with Jerry Li, co-founder and CEO of Term Structure, who introduced me to the idea of fixed-income products in crypto. Why Fixed-Income Could Be the […]
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown. Meanwhile, the 10-2 year Treasury yield spread has […]