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Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

Digital Collectible Owners Continue to Take Loans out Using NFTs as CollateralWhile non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans. […]

‘It’s Over for Memecoins’: Trader Who Nailed 2022 Crypto Bottom Turns Bearish on dogwifhat and Pepe – Here’s Why

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTsOn December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that don’t want to sell their NFTs. Nexo to Offer Loans for Bored […]

‘It’s Over for Memecoins’: Trader Who Nailed 2022 Crypto Bottom Turns Bearish on dogwifhat and Pepe – Here’s Why