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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

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Bitcoin continued its price climb today (Nov. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different. The platform, VC Trade Lending, will support just bitcoin initially, but has plans to add Ether and XRP support.

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Bitcoin Daily: Nike Offers Crypto Rewards For Online Purchases; BlockFi Teams With Bitcoin Mining Pool On Lending, Financial Services

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In other news, Poolin, a bitcoin mining pool, is growing its financial services and digital currency lending verticals, CoinDesk reported. He also noted that the pool “has its unique advantage but we also want multiple business lines — not just lending but also financial services — that are parallel to our pool business.”.

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French Court Says Bitcoin Is Money

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A French court has decided that bitcoin is money, the first time a court in France has issued such a ruling, according to a report from Les Echos Sunday (March 8). The decision came about following a clash between the Bitcoin marketplace Paymium and the crypto investment company BitSpread.

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Bitcoin Daily: Ethereum Protocol Aave Raises $25M; BOE Head Takes Stance Against Bitcoin

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Aave recently announced its governance model to help the community access more participation, with old Aave token LEND now able to be swapped for the new Aave token at a ratio of 100 LEND to 1 Aave. The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption.

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Bitcoin Daily: Japan's LINE Debuts Crypto Lending; Hacks, Scams Among Reasons About 74 Crypto Exchanges Shut In 2020

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LINE’s digital exchange operator and blockchain division LVC is rolling out a way for users to loan out digital assets to BITMAX, such as ethereum and bitcoin, CoinDesk reported. Multiple cryptocurrencies, including ethereum, bitcoin, litecoin, XRP and bitcoin cash, can be lent via the offering, the report stated.

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Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach; TradeStation To Launch Crypto Lending Service

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subsidiary of Japan’s Monex , is launching its own crypto lending service called Crypto Earn, according to Cointelgraph. Crypto Earn, the company said, will be C2B2B, meaning it will allow for lending to institutions from borrowed assets from clients. Meanwhile, TradeStation , the U.S. Cointelgraph reported.

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Bitcoin Daily: Ex-SoFi Head Pairs Blockchain With Lending; Fidelity Trials Bitcoin ‘Lightning’ Payments

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The Lightning Network , a bitcoin experiment that allows users to quickly transfer funds around the world without a third party, has completed another transaction. The transaction — known as the “Lightning Torch” — has Twitter accounts receive a lightning payment, adding a nominal amount of bitcoin to the total before passing the “torch” on.

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