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Japanese lender CRYL has launched Bitcoin-backed loans of up to ¥900 million ($6.2 million)
Bitcoin holders can borrow Japanese yen using their BTC as collateral, accessing liquidity without selling their Bitcoin
Loan terms range from 3 months to 5 years, with interest rates determined by the loan-to-value ratio and the amount of Bitcoin pledged as collateral
THINGS ARE RAMPING UP BETWEEN THE U.S. AND THE IRANIAN GOVERNMENT
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President Trump says he will not sign the bipartisan housing bill passed by Congress
Trump said his decision is a protest over the Senate's failure to pass the SAVE America Act, a separate voter ID and election security bill
It aims to increase housing supply, reduce construction delays, expand access to financing, and limit institutional purchases of certain single-family homes
The bill is still expected to become law without Trump's signature under the U.S. Constitution if he neither signs nor vetoes it within 10 days
Before you compare yields, compare the terms.
Kraken offers up to 8% APY through DeFi Earn, but its own disclosure says it's "not a regulated financial product" and includes a "risk of loss."
Meanwhile, @OKX's deposit match for users in the EEA also offers up to 8%.
Same number in the headline. Very different wording underneath.
Always read what's below the APY.
Long-term holding is always preached, but it is never as simple as it seems
Nearly 47% of all Bitcoin is currently being held at an unrealised loss
Periods where a large share of Bitcoin's supply is held at a loss have often occurred during the later stages of bear markets
It's easy to say, but not giving into capitulation, sentiment and massive drawdown is the hard part
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Federal Reserve Chair Kevin Warsh just announced a huge overhaul of how the central bank will operate
Five task forces will review the Fed's inflation framework, balance sheet, economic data, communications, and the impact of AI on productivity
High-profile business leaders, economists, and tech executives make up the teams
Elon Musk says SpaceX would be worth more than the entire Earth if the company achieves its long-term goals
Musk said SpaceX's plans include:
- Make humanity multi-planetary through Starship
- Build a self-sustaining city on Mars
- Reduce the cost of access to space
He has previously said that a successful Mars settlement could unlock an economy worth trillions of dollars
Gold has just recorded its worst quarterly performance since Q2 2013
The price fell roughly 16% in Q2 after hitting record highs earlier this year
Despite the correction, central banks continue to accumulate gold, with China's central bank extending its buying streak to 20 consecutive months in June