You’re Helping Short Sellers If You Earn Interest On Bitcoin
The seemingly innocent act of earning interest on bitcoin actually supports short sellers.Why Do Institutions Give Out Interest-Like Payments For Your Bitcoin Deposits?The only reason is that they’re making even more money by lending out your bitcoin to other people. But to whom and for what purpose?Why Would Someone Want To Borrow Bitcoin?Could they be depositing that bitcoin into another institution which pays even higher interest? That seems unlikely. Most firms reduce the amount you earn as your balance grows. Even if there were a gigachad club which pays higher interest rates than....
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A report from S3 Partners noted that crypto stocks with the highest short interest include Coinbase, Marathon Digital and MicroStrategy. Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector "held a candle” to the blockchain industry, with crypto company short-sellers profits up 126% in 2022, according new data.On Thursday, technology and data analytics firm S3 Partners published a video summarizing its recent report, which found that overall, U.S. equity short-sellers are up on average more than 30% for the year. Some of these profit....
The new BTSE Earn feature is undoubtedly the right step in the right direction for both users and exchange owners. With the new BTSE Earn, crypto-asset holders can earn interest on their assets. There is a range of Earn products the preferred assets of users. The new Earn feature on the BTSE cryptocurrency exchange will allow users to earn yield from their crypto assets. The implication is that you can earn interest on your idle […]
Crypto investors can earn interest via crypto lending by finding a cryptocurrency exchange or DApp that offers a crypto interest account. The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make gains over the years. However, there are various other ways to increase crypto assets’ stacks, even in bear markets.Other than staking, crypto savings accounts allow retail investors to accrue their funds by earning....
Patrick Byrne and Overstock.com have prevailed over the digital dividend-doubting short sellers.
Pre-selling tokens is one of the most adopted strategies to earn funding when you’re a crypto start-up. After an unprecedented boom in 2017, the ICOs have lost their power not only due to lack of interest and necessary traction but also because of its disappointedly high possibility of scams and dirty money traces. Sadly enough, […]