Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets. Unless…
Tag: BlockFi
Crypto lender BlockFi files for bankruptcy, cites FTX exposure
Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm…
BlockFi’s Bitcoin Trust Takes Aim at GBTC
The fund charges a 1.75% management fee and offers custody from Fidelity Digital Asset Services. Crypto lender BlockFi has launched its bitcoin trust with an…
Crypto Lender BlockFi Registers Bitcoin Trust With SEC
BlockFi is the latest firm to go up against Grayscale’s behemoth bitcoin trust. BlockFi, a major hub for crypto lending, appears to be increasing its…
BlockFi Adds Litecoin, USDC to Its Lending Product Suite
Crypto lending startup BlockFi now supports litecoin and dollar-backed stablecoin USD Coin (USDC) on its platform, enabling users to earn interest on, trade and receive…
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
BlockFi, the cryptocurrency lending service backed by Galaxy Digital, Winklevoss Capital, ConsenSys Ventures and others, is expanding into trading with an unusual, zero-fee model. The…
Fiat-to-Crypto ‘Carry Trade’ May Tempt Traders Tired of Negative Interest Rates
With the era of negative interest rates well and truly here, return-hungry investors may increasingly borrow in low-interest fiat currencies and invest in higher-yielding cryptocurrency…
Crypto Lender Dharma Officially Launches on Ethereum Blockchain
Opportunities to earn interest on your crypto are increasing, and Dharma is the latest to enter the fray. Announced Monday, lending startup Dharma is now open…
Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders
BlockFi has changed the terms of its interest-bearing cryptocurrency deposit account just weeks after launching it. Beginning April 1, for accounts with more than 25…