Interest

Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings

You don’t have to be a trader on Coinbase to make a profit. Starting Wednesday, customers of the San Francisco-based cryptocurrency exchange can earn interest on their holdings of the dollar-pegged stablecoin USDC. The annual percentage yield (APY) is 1.25 percent. “We’re trying to build more ways for customers to grow their wealth on Coinbase,” …

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Crypto Banking Expands With Positive Interest Rates and New Services

</header> <strong>Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden …

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Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

<header class=”article__header”> </header> <strong>Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future.</strong> Also …

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PR: Cred and Bitcoin.com Join Forces to Boost Crypto Lending

</header> By John Yearwood<br>Cred Correspondent Amid a dramatic Bitcoin bull run, two of the most influential names in the blockchain finance industry have launched a platform to expand global lending and earning on investments in cryptocurrency. The partnership between Bitcoin.com and Cred allows Bitcoin.com customers to earn up to 10 percent interest on Bitcoin and …

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In This Week’s Video Update: BCH Dev Fund Exceeds Target, Bitcoin.com Reveals Rebrand

</header> <strong>The Bitcoin Cash Developer Fund has reached its 800 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> goal in less than a month since the start of the community-driven fundraising campaign. You’ll find more details on how to support the initiative in the weekly update from Bitcoin.com. Check out the video for other interesting news from …

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Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans

</header> <strong>With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator of investor sentiment. According to a …

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PR: Bitcoin.com and Cred Partner to Offer Lending and Borrowing

</header> Bitcoin.com customers to earn up to 10% interest on <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> SAN FRANCISCO and TOKYO– Bitcoin.com, the leading source for Bitcoin information with over 4 million Bitcoin wallets, and Cred, the leading provider of crypto borrowing and lending with over $300 million in …

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Blockfi Launches High-Interest Crypto Lending Program in India

<strong>US-based Blockfi has expanded into India, offering a high rate on its interest-bearing account for two cryptocurrencies. News.Bitcoin.com talked to Blockfi and a</strong><strong> local Indian crypto exchange offering a similar program to find out how the two products differ.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Blockfi Launching in India New …

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Interest-Paying Crypto Accounts Are This Year’s Leading Trend

<strong>2019 has witnessed a Cambrian explosion of crypto interest schemes. Previously, the only way to make a passive income on your cryptocurrency was through hodling and hoping it would rise in dollar terms, or to operate a masternode for a dubious altcoin. Today’s investors have it a whole lot easier thanks to a string of …

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Bittrex-Backed Euro Stablecoin Can Be Staked for 8% Interest

A group of six blockchain firms called Universal Protocol Alliance is launching a euro-pegged stablecoin next month. The alliance announced the news Thursday, saying that its “universal euro” (UPEUR) token is aimed at users looking for a low volatility cryptocurrency. The stablecoin can also potentially offer holders an annual rate of return of 8 percent, the …

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