If you're a Coinbase user, you may be able to use the bitcoin you own as collateral to get a loan thanks to a new service launched Thursday. But the offering has its risks.

Predictions of Bitcoin’s explosive growth hinge on corporate treasuries and unprecedented institutional involvement.

As billions of dollars flow into bitcoin, financial companies need low-risk bitcoin custody solutions. Multi-institution custody is emerging to meet this need.

Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.

By Tom Westbrook, Elizabeth Howcroft and Chibuike Oguh NEW YORK/SINGAPORE/PARIS (Reuters) -Bitcoin, the world's largest cryptocurrency, approached the previous session's record high on Tuesday in choppy trading as the top U.

XRP, the token linked to Ripple Labs and the third-largest cryptocurrency, climbed nearly 40% this week to a record $3.4, eclipsing the performance of every other major digital asset this month. Its market capitalization now sits at about $190 billion, driven by optimism that the Trump administration could adopt friendlier crypto policies.

Coinbase, in partnership with Morpho Labs, has launched a Bitcoin-backed loan service, allowing U.S. users to borrow up to $100,000 in USD Coin (USDC) using their Bitcoin as collateral.

Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the loan-to-value ratio flies too close to the sun.

Interest rates, the US Dollar Index and Treasury yields all have a unique impact on Bitcoin price. Cointelegraph explains why.

US crypto stocks dropped across the board on Jan. 21 as President Donald Trump remained silent on his crypto agenda.

Ahead of President Donald Trump’s inauguration, rumors swirled that the crypto industry would see an executive order related to cryptocurrency on the first day of Trump’s second term. This anticipation catapulted the price of bitcoin to $109,241 ahead of his swearing-in ceremony.