The reduction of AVL tokens by 80 million by Avalon Labs caused a supply drop of 44%, which resulted in an 18% hike in AVL’s price.
Bitcoin-Backed Loans
Strike Unveils Bitcoin-Backed Loans: Unlock Cash Without Selling BTC
Strike, a Bitcoin payments platform, has rolled out a crypto lending service on its platform. This service enables both individuals and corporate users to borrow funds with Bitcoin as a collateral asset. Strike seeks to enable Bitcoin holders to obtain liquidity without the need to sell their digital assets. Strike Lending is only available for […]
Riot Platforms Unlocks $100M Bitcoin-Backed Credit Facility with Coinbase for Growth
Riot Platforms, a Bitcoin mining company, has acquired a $100 million credit facility from Coinbase Credit. The deal provides Riot with a flexible credit line that supports operational expansion. Riot can access funds from the credit facility over a two-month period backed by its Bitcoin holdings. Riot Acquires Credit From Coinbase The credit facility enables […]
Xapo Bank Introduces Flexible Bitcoin-Backed Loans for Long-Term Holders
#XapoBank offers #Bitcoin-backed loans up to $1M with flexible repayment terms, targeting long-term holders seeking liquidity without selling #BTC.