Crypto lending, one of the fastest-growing industries in the blockchain ecosystem, has made it possible to earn yields and borrow capital using digital assets. According to a report by research company Credmark, the volume of crypto-backed loans increased seven-fold in 2019, ultimately reaching $8 billion. Experts speculate that crypto lending will attract more investors into the crypto market by increasing its liquidity. “You can think of lending as this incredible grease that just pushes everything forward at a much faster rate”, states Paul Murphy, CEO at Credmark. However, lending and borrowing crypto is a risky practice due to the high …
A leaked slide from a client meeting shows Goldman Sachs does not believe Bitcoin is an asset class. Coinbase angel investor Seth Ginns and Fundstrat analyst David Grider explain why Goldman continues to hold this antiquated position. Ginns and Grider joined Cointelegraph’s weekly Crypto Live Show to bring an investor’s perspective to the usual trader-heavy lineup. They also dive deeply into a broad range of topics including how they began investing in crypto, why they’ve stayed, crypto’s macro impact on the world of finance, private and central bank digital currencies, and institutional involvement in the space. Watch the livestream’s full …
According to Coinopsy.com, over 1,500 cryptocurrencies have collapsed in the past eight years. With so many failures, what is the best way to determine which projects are worth investing in, and how can these projects be found? CEO of Civic, Vinny Lingham, and co-founder of Multicoin Capital, Kyle Samani, joined the latest episode of Cointelegraph’s crypto markets show to explain how they search for and assess crypto investment opportunities. They also discuss how COVID-19 is shaping the role of crypto in the global economy and why Asia may or may not become the DeFi hub of the world. Watch the …
Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture. Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a house apparently equipped with dozens of cryptocurrency mining hardware units. The video displays a short caption, “this is why GPU prices went up,” and has a number of Bitcoin-related tags like “Bitcoin,” “explain Bitcoin” and “Bitcoin mining.” Allegedly first appearance of Bitcoin on TikTok feed At the time of this writing, the TikTok has amassed 1.2 million views and over 109,000 likes on the …
PopChest is a service that allows YouTubers and video producers to earn money from their videos without the need for advertising. Users pay a very small fee in Bitcoin, usually $0.25 (approximately 0.000414 BTC at the time of my writing), to watch the content producer’s video. This directly supports the creator, and also allows users to see exclusive content. PopChest has had limited success, but recently, a YouTuber with 600,000 subscribers signed up for the service, creating a surge in interest. PopChest PopChest was founded on 7th May 2015 by Valerian Bennett and James Poole, with the intention of creating …