Tag Archives: INLOCK

First Bitcoin-Backed Loan Issued in Canada

The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan a ‘Game Changer’ Canadian company Ledn, has purportedly become the first and only local lender to issue Canadian dollar loans using Bitcoin as collateral, according to local media Wealth Professional. Bylls CEO, Francis Pouliot The loan was… Read More »

Cryptocurrency Loans Go Big As Company Reveals $550M Half-Year Traffic

The cryptocurrency loans offshoot of just one firm saw through-flow of over half a billion dollars in its first six months on the market. ‘Incredibly Strong Reception’ That’s according to third quarter statistics released October 18th by Genesis Capital, a US-based over-the-counter trading firm. In March of this year, Genesis began offering cryptocurrency loans to institutional investors. Upon… Read More »

Bitcoin Will Thrive When Naysayers Like Warren Buffett Will Be ‘Pile of Dust’

The opinions of billionaire Bitcoin naysayers Warren Buffett and Charlie Munger will be obsolete in 20 years as both will be “a pile of dust” and Bitcoin will endure. Generational Differences That was the conclusion drawn by research this week about the huge differences between the older and younger generation when it comes to the cryptocurrency. Using data… Read More »

Top 4 Cryptocurrencies Ready to Beat BTC in Q4 2018: INS, XRP, ANON, ILK

As the market sentiment is clearly turning bullish it is very important to begin targeting promising cryptocurrencies before their initial pump in value. 4 Cryptocurrencies to Watch in Q4 The prior two weeks VIBE and TRIG were highlighted for their upcoming news and undervalued nature. These 2 coins provided returns in excess of 100% and 250% respectively in… Read More »

How Crypto-Collateralized Loans Restore Honest Lending (And Avoid Financial Crisis)

The fact that cryptocurrencies solve liquidity problems for multiple financial processes is now well known, but as the industry evolves and expands, could it save the world from another financial crisis? ‘We are in danger of sleepwalking into a future crisis’ In 2008, the catastrophic failure of a global banking system manipulating overly encouraging governmental regulation sparked a… Read More »

To Sell or Not to Sell: That Is No Longer The Question For Miners

Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market.  Miners Can’t Hodl…or Can They? Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth. Indeed, many mining farms operate… Read More »

‘Hodling’ and Its Impact on Cryptocurrency Adoption and Liquidity

‘Hodling’ has not only become an important strategy for many bitcoin users but is also a major reason why Bitcoin remains the most valuable cryptocurrency on the market.  Crypto-Collateralized Loans Can Boost Bitcoin Price For any non-technical Bitcoin investor who purchased holdings longer than a week ago, ‘HODLing’ has rarely seemed such an important part of their strategy. As… Read More »

Bitcoinist Partners With Cryptocurrency Lending Platform INLOCK

INLOCK, a lending platform for cryptocurrency holders, has partnered with Bitcoinist to help educate the public on the spendability problem and how crypto-collateralized loans can add stability to the global economy.    Liquidity Unlocked Lending is a vital function of any monetary system, cryptocurrencies included. By partnering with Bitcoinist, lending platform INLOCK is looking to get the word… Read More »

Why Bitcoin-Collateralized Loans Still Work in a Bear Market

Despite talk of Bitcoin heading higher in the second half of 2018, many long and short-term holders are growing impatient – or are even being squeezed out of the market. HODL The Pain Or Reap The Gain? The result of a long, slow decline in Bitcoin price 00 which began following the cryptocurrency’s all-time highs in December 2017,… Read More »

Have Your Cake and ‘Hodl’ Too: Taking Out a Loan With Bitcoin (Interview)

Allen Scott · June 22, 2018 · 6:00 pm Bitcoinist spoke with the team from P2P lending platform INLOCK on how its platform solves the spendability problem for users of Bitcoin and other cryptocurrencies while providing the option to remain ‘hodlers’.  Wanted to ‘hodl’ when you should have ‘sodl’ or vice versa? Despite incredible potential, the nascent cryptocurrency industry is… Read More »