Japanese lender launches Bitcoin-backed loans of up to $6.2M
CRYL is offering Bitcoin-backed loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets. Go to Source
Bookmarking Crypto Insights
CRYL is offering Bitcoin-backed loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets. Go to Source
Onchain analytics firm Lookonchain says a trader who spent just $69 on Cash Cat (CASHCAT) sold his 20 million tokens for $711, weeks before the Robinhood Chain meme coin’s vertical rally would have made the same stash worth more than $2.7 million. Meme Frenzy Continues The wallet spent 0.04 ETH, about $69, to buy 20 … Read more
Metaplanet said it is studying Bitcoin-backed digital credit products in Japan with JPYC and Progmat, but no product has been launched. Go to Source
Bitcoin miner TeraWulf is reportedly seeking $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center campus leased by AI company Anthropic. Go to Source
Bitcoin bulls faced “crucial resistance” at $65,000 next as BTC price action diverged from oil and US dollar strength. Go to Source
Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor says he feels “invigorated” by bitcoin’s mission as the world moves toward a digital monetary revolution, a doubling-down that comes with bitcoin near $64,000, down roughly 11% this year. Continued Optimism Despite Shaky Macros Saylor’s comment extends a run of pronouncements in which the executive chairman has recast … Read more
Lawmakers may unveil a merged version of the Digital Asset Market Clarity (CLARITY) Act next week, potentially, with Senate floor action eyed for July 20. A Development That Could Change a Lot The new draft would fuse the versions produced by the Senate Banking and Agriculture Committees into a single text. Reporters following the effort … Read more
With information from the Ministry of Finance and the Prizes and Betting Secretariat (SPA), the Police executed nine search warrants in São Paulo, Ribeirão Preto, Porto Alegre, and Canoas, targeting 87 companies suspected of facilitating money laundering in betting operations. Brazilian Police Target Cryptocurrency Usage in Illegal Betting Operations Brazil is increasing its oversight over … Read more
Stablecoin issuer Circle is facing scrutiny from prosecutors in Wisconsin and New York for allegedly delaying or refusing to comply with court orders to return stolen digital assets to scam victims. State Prosecutors Clash With Stablecoin Giant The USDC stablecoin issuer, Circle, faces mounting criticism from prosecutors in Wisconsin and New York who say the … Read more
EU lawmakers have again allowed tech firms to scan chats for abuse material, but exempted end-to-end encrypted messages. Go to Source