Genesis Capital: Crypto Lending Weathers a Bearish Market

Genesis Capital

Crypto lending firm Genesis Capital processed $1.1 billion in loans last year. This is according to the company’s recently released ‘Lending Snapshot’ for Q4 2018.

Genesis Capital

The figure shows the massive growth in processed loans as Bitcoin price fell over 44% in 2018.

The first Digital Asset Lending Snapshot was released at the end of Q3 2018. This reported that Genesis processed $553 million in loans from the period starting March 2018.

Therefore the most up-to-date figures show that “Q4 loan originations increased more than 100% in the final three months ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.



from Crypto Currency News http://bit.ly/2DHDk2w
via IFTTT

Kommentare

Beliebte Posts aus diesem Blog

Central Bank of Spain To Prioritize the Design and Study of a CBDC