Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding
Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in the crypto-collateralized lending space. Lava Secures $200M to...
Bitcoin Dips as Polymarket Predicts a Decisive Zohran Mamdani Victory
The prediction market has assigned Zohran Mamdani a 93% probability of becoming New York City’s next mayor. Bitcoin Slips as Traders Fret Over Potential Mamdani Win Democratic socialist Zohran Mamdani will likely be New York City’s next mayor according to Polymarket,...
Onchain Analyst: Long-Sleeping Bitcoin Whale Resurfaces, Shifting 2,300 BTC to Paxos Wallet
On Monday, onchain analyst Emmett Gallic spotted a heavyweight bitcoin whale making waves after dropping 2,300 BTC into a Paxos-tagged deposit address. Despite that hefty move, the whale is still swimming in deep crypto waters—holding 32,490.38 BTC worth a cool $3.44...
BitMine doubles down on Ethereum as ETH holdings hit 3.4 million
BitMine buys 82,353 Ethereum tokens as holdings reach 3.4 million. Crypto and cash treasury stands at $13.7 billion. BitMine hits 2.8% of the targeted 5% of the Ethereum supply. BitMine Immersion Technologies, a leader in cryptocurrency mining and advanced cooling...Interesting 13
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