Category Archives: Cryptocurrency

Bitcoin's value has jumped over $47,000 after improvement in buying sentiment. (Photo: Reuters)

Cryptocurrency prices improved over the past 24 hours as buying momentum surged in the wake of improving investor sentiment. The values of most cryptocurrencies have rebounded after a period of volatility.

Bitcoin, the worlds largest cryptocurrency, crossed $47,000 or 2.95 per cent higher than its value 24 hours ago, at 12:50 pm. Bitcoins market capitalisation jumped to $885 billion and the 24-hour trading volume remained stable at $1.03 billion.

The largest altcoin Ether also rose 2.41 per cent compared to its value 24 hours ago. It was trading at nearly $3,400 and its market capitalisation increased to $397.41 billion. The 24-hour trading volume was, however, lower at $793 million.

Cryptocurrency highlights | Check yesterday's prices

A majority of altcoins saw further improvement in their valuation over the past 24 hours and only some like Cardano and Polkadot struggled to gain momentum.

Commenting on the broad-based recovery, Edul Patel, CEO and Co-founder of Mudrex, a global algorithm based crypto trading platform, said, We are witnessing a solid buying momentum across the cryptocurrency markets.

"After consolidating for some time, the markets are now inching closer towards their highs for the day. Bitcoin went past the $47,000 mark before facing a pull-back, he added.

The largest altcoin, Ethereum, went past the $3400 level. The star performers of the day were Uniswap and Chainlink. Both of these tokens were under a lot of bearish dominance for quite some time.

Cryptocurrency

Price (US Dollar)

24-hour change

Market cap (Billion)

Volume (24 Hours)

Bitcoin

47,145.80

3.19%

$887.10

$1.03 billion

Ether

3,396.93

2.61%

$398.23

$793.31 million

Dogecoin

0.240800

1.57%

$31.58

$844.12 million

Litecoin

181.69

1.43%

$12.45

$98.92 million

XRP

1.09

0.92%

$108.97

$3.39 billion

Cardano

2.39

-0.88%

$77.18

$292.40 million

DISCLAIMER: The cryptocurrency prices have been updated as of 01:10 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.

Click here for IndiaToday.ins complete coverage of the coronavirus pandemic.

Read the rest here:
Cryptocurrency prices today: Bitcoin rises over $47,000 as buying momentum stregthens - India Today

A press release linking the retailer and digital currency together was fake. Both Walmart and Litecoin say they do not have a partnership.

Walmart is the largest retailer in the United States,according to the National Retail Federation. So, an announcement of a partnership with a cryptocurrency would be big news.

On the morning of Sept. 13, apress release was circulated by GlobeNewswire, a service that distributes press releases to media organizations, that said Walmart had teamed up with Litecoin to accept the cryptocurrency as a form of payment. Immediately following the press release, people on social media withhundreds of thousands of followers begansharing the information. News organizations, including Reuters and CNBC, published stories about the partnership announcement.

THE QUESTION

Is Walmart partnering with Litecoin cryptocurrency?

THE SOURCES

THE ANSWER

No, Walmart is not partnering with Litecoin. The press release linking Walmart and Litecoin was fake.

WHAT WE FOUND

Walmart and Litecoin Foundation both said the press release was fake and that they do not have a partnership.

Walmart had no knowledge of the press release issued by GlobeNewswire, and it is incorrect. Walmart has no relationship with Litecoin,the Walmart statement said.

The Litecoin Foundation has not entered into a partnership with Walmart of any kind,the Litecoin Foundation statement said.

According to its statement, the Litecoin Foundation said a member of its social media team tweeted about the illegitimate partnership on the Litecoin Twitter account. That tweet was then deleted.

GlobeNewswire laterissued a notice to disregard the press release. In an emailed statement to VERIFY, the company said a fraudulent user account issued the fake press release.

This has never happened before and we have already put in place enhanced authentication steps to prevent this isolated incident from occurring in the future, the company told VERIFY.

BothReuters andCNBC updated their stories with corrections after the Walmart-Litecoin partnership had been debunked.

Immediately following the distribution of the fake press release, the price of Litecoin surged.

According to CoinMarketCap, a cryptocurrency price-tracking website, the price of Litecoin was around $175 Monday morning and skyrocketed to just over $230 following the fake press release. Once the word spread that Litecoin and Walmart were not partnering together, the cryptocurrencys price fell to around $180.

The hoax partnership announcement appeared to be a case of price manipulation or apump and dump where someone fraudulently causes the price of something to go up and cashes out before it goes back down.

The U.S. Commodity Futures Trading Commission says virtual currencies and digital tokens are largely unregulated and urges consumers to use caution when buying virtual currency.

The VERIFY team works to separate fact from fiction so that you can understand what is true and false. Please consider subscribing to our daily newsletter, text alerts and our YouTube channel. You can also follow us on Snapchat, Twitter, Instagram, Facebook and TikTok. Learn More

Text: 202-410-8808

Read more here:
No, Walmart is not partnering with Litecoin cryptocurrency - KING5.com

Hedera Hashgraphs (CRYPTO: HBAR) price has increased 12.72% over the past 24 hours to $0.53. Over the past week, HBAR has experienced an uptick of over 75.0%, moving from $0.3 to its current price. As it stands right now, the coins all-time high is $0.57.

The chart below compares the price movement and volatility for Hedera Hashgraph over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Hedera Hashgraphs trading volume has climbed 379.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 1.4%. This brings the circulating supply to 9.63 billion. According to our data, the current market cap ranking for HBAR is #35 at 5.12 billion.

According to our data sources, here are few exchanges that currently support HBAR:

BinanceBinance USCoinbase ExchangeeToro USeToro Non USCrypto.com ExchangeVoyager.comGeminiWeBullRobinHood

Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.

Powered by CoinGecko API

This post contains affiliate links from which Benzinga may earn a commission.

Continue reading here:
Cryptocurrency Hedera Hashgraph's Price Increased More Than 12% Within 24 hours - Benzinga - Benzinga

Cryptocurrency has an SEC problem and it just got bigger.

The Biden administration is taking a more hands-on approach to the highly volatile, little understood, and barely regulated cryptocurrency industry. Cryptocurrencies are decentralized digital currencies secured by blockchain technology. Bitcoin, ethereum, and other cryptocurrencies have become almost as accessible as government-issued currency in recent years, but the government offers few consumer protections for them.

The Securities and Exchange Commission (SEC) led by Gary Gensler, who taught a class on cryptocurrency at MIT is trying to make the case that it can and will regulate whatever cryptocurrency investment schemes it decides fall under its purview. The relative newness and rapid expansion of the cryptocurrency industry have put it in a regulatory gray area. The Internal Revenue Service (IRS) classifies crypto as property. The Commodity Futures Trading Commission (CFTC) considers crypto to be a commodity. And the SEC has said that digital assets may be securities, depending on the facts and circumstances. A security is a financial asset that can be traded, like stocks and bonds, and which is governed by several laws designed to prevent fraud and protect investors.

The SEC appears to have decided that an upcoming offering from Coinbase, the largest cryptocurrency exchange in the United States, meets its definition of a security. And its showing that it will step in and regulate it accordingly and, by extension, regulate the rest of the crypto finance industry more assertively.

Cryptocurrency exchanges allow people to buy and sell crypto. Coinbase is one of the biggest in the world and recently went public. It was planning to launch a program called Lend, which would allow investors to let others borrow from them a form of crypto called USDC, a stablecoin whose value is tied to the value of the US dollar (one USDC is always supposed to equal and be traded for the value of one US dollar). In exchange, lenders would receive 4 percent interest on the loan a far higher rate than traditional banks currently offer on their savings accounts. This could have made the Coinbase Lend offering very attractive to consumers who wouldnt have otherwise risked investing in crypto.

Thats where the SEC stepped in, according to Coinbase. The company announced on Wednesday (or late Tuesday, if you count a Twitter thread from CEO Brian Armstrong) that the SEC threatened to sue the company if it launched Lend, but that the agency wouldnt tell Coinbase why it considered Lend to be a security, except that it was doing so through the prism of decades-old Supreme Court cases. These cases, informally known as Howey and Reves, are the prism through which every potential security is considered, including crypto services. Coinbase said it wanted formal guidance from the SEC on how it was using those cases to determine if Lend was a security, but the SEC wouldnt provide it.

The SEC has not officially commented yet, though some people think this tweet qualifies as a response.

The people behind Coinbase might be (or at least claim to be) clueless, but the SEC almost certainly knows what its doing here: asserting its regulatory control over the world of cryptocurrency banking and finance. And its doing so with a pugnaciousness not typical of the agency, according to anonymous former SEC officials who spoke to Bloomberg.

The announcement that the SEC is investigating Coinbases Lend program is consistent with regulators ongoing aggression regarding crypto, George Monaghan, an analyst with market intelligence firm GlobalData, told Recode.

As the New York Times recently explained, cryptocurrency is moving into the banking sector, offering services that are usually reserved for traditional banks, whose services are backed by government-issued currency (the dollar, for example) and have operated under consumer protection laws and regulations that go back decades. For example, some crypto companies now offer interest-bearing crypto accounts, debit cards, and credit cards with cryptocurrency rewards

Sen. Elizabeth Warren has called these shadow banks, noting they arent federally insured and could be more susceptible to hacks and fraud than traditional banks. Shes written to Gensler about her concerns, and, in his August 5 response, the SEC chair agreed that investors using these platforms are not adequately protected. He also said there were certain activities that the SEC can regulate, and that he believed lawmakers should prioritize legislation that addressed crypto trading and lending.

The SEC has previously shown an interest in cracking down on crypto. It launched a crypto regulation initiative in 2018, which became a standalone office within the agency last December. And it recently charged another crypto lending platform, BitConnect, with $2 billion in fraud for operating what the Department of Justice called a textbook Ponzi scheme. Another crypto company, BlockFi, which offers loans and high-interest deposit accounts backed by crypto and a credit card with a crypto rewards program, has been the subject of investigations from several state-level security regulators.

But Coinbase is bigger and more high-profile than those companies. GlobalDatas Monaghan didnt expect the fallout to be significant for Coinbase itself, as the Lend program wasnt yet active. But the SECs interest in Coinbase is a sign to every crypto finance company that there are still rules they have to follow, and they should expect consequences if they dont.

Those rules might be bulked up in the near future as the Biden administration and lawmakers work to address the regulatory gaps cryptocurrency falls into. Bidens proposed 2022 budget included crypto reporting requirements, the IRS is cracking down, and crypto regulations even became a temporary sticking point in the passage of the infrastructure bill. Adding to this or perhaps exacerbating it is concern over how cryptocurrency can be used to facilitate criminal activities; ransomware attacks often demand payment in bitcoin due to the difficulty in tracing those payments.

Crypto regulations are coming. The question now is whether the slow process of creating rules and passing laws will be able to keep up with the rapidly evolving world of cryptocurrency.

We have a request

In moments like this as people grapple to understand variants and vaccines, and kids head back to school many outlets take their paywalls down. Voxs content is always free, in part because of financial support from our readers. Weve been covering the Covid-19 pandemic for more than a year and a half. From the beginning, our goal was to bring clarity to chaos. To empower people with the information they needed to stay safe. And were not stopping.

In the next 30 days, were aiming to add 2,500 individual contributions to help keep our coverage of the Covid-19 crisis free for everyone who needs it. As each of us is only as healthy as our sickest neighbor, its essential that people can access clear information on the pandemic for free. Will you help us reach our goal by making a contribution to Vox with as little as $3?

See the article here:
Coinbase, the largest crypto exchange in the US, faces a potential SEC investigation - Vox.com

gopixa / iStock.com

Cryptocurrency is red hot, but if youre looking to get in on the action, you cant buy it on the stock market through a standard brokerage account like you would with an index fund or a share of Amazon. Cryptocurrency like Bitcoin is traded on special exchanges like Etoro, CoinBase and BlockFi. The biggest exchange in the world by far is called Binance. Its so big, in fact, that a native cryptocurrency called Binance Coin was developed just to make it easier to pay for the sites services.

Read: Bitcoin Cash (BCH): Hows It Differ From Bitcoin and Whats It Worth?More: What Are Altcoins and Are the Potential Rewards Worth the Risks?

If youre not familiar with crypto exchanges, the following numbers might not mean much to you, but the 1.4 million transactions that are executed on Binance every second and the sites 2 billion in average daily volume are truly astounding statistics. Exchanges take fees for executing crypto transactions, and part of the reason Binance is so popular is that its transaction fees are among the lowest in the world. Users pay just 0.1% to execute each of those billions of trades.

The Economy and Your Money: All You Need To Know

Binance reduces those already-low trading fees by a full 50% if you pay for them using the exchanges native cryptocurrency, Binance Coin (BNB). That means that instead of paying 10 cents on a $100 transaction, youd pay only 5 cents if you complete the transaction using BNB.

An Ethereum-based (ERC-20) token, BNB hit the market on July 21, 2017, when Binance made its initial coin offering (ICO) of 100 million BNB tokens. It eventually moved to its own unique blockchain called Binance Chain and limited the BNB supply to 200 million tokens in total.

See: Ethereum (ETH): What It Is, What Its Worth and Should You Be Investing?

In review, BNB is the native app for Binance, the worlds largest cryptocurrency exchange. It was designed specifically for use in the Binance ecosystem, which offers juicy rebates to incentivize its use but theres more to Binance Coin than just the trading discount. According to CoinJournal, BNB:

Story continues

Provides lightning-fast transactions

Can be used to buy and sell a huge variety of cryptocurrencies

Is safe and secure

Is accepted as currency by some service providers, mostly in the hospitality/travel industry

Find Out: What Is Chainlink and Why Is It Important in the World of Cryptocurrency?

On April 6, Forbes reported that the cryptocurrency market had topped $2 trillion in value. It was a huge moment for crypto, and Forbes cited BNB specifically as one of the smaller altcoins (Bitcoin alternatives) that are driving so much of that incredible growth.

But investors looking for a quick buck should tread lightly.

Beyond the crypto bubble, BNB is not yet widely accepted as currency outside the travel, accommodations and entertainment industries, although some investment platforms let you use it to buy mainstream securities. Its just as trustworthy as non-native crypto, but its not as anonymous since Binance traders must have registered accounts. In the end, its another altcoin that you can invest in if you choose, but like all crypto investments, expect a wild ride with ecstatic highs, terrifying drops and lots of drama in between. That, after all, has been the story of crypto investing so far.

This article is part of GOBankingRates Economy Explained series to help readers navigate the complexities of our financial system.

More From GOBankingRates

Last updated: April 9, 2021

This article originally appeared on GOBankingRates.com: Binance Coin (BNB): Why Its So Interesting to the Cryptocurrency World

Go here to read the rest:
Binance Coin (BNB): Why Its So Interesting to the Cryptocurrency World - Yahoo Finance

Footballers have traditionally been known for spending their money on fast cars, big watches, bigger houses and designer clothes, but recently a new craze has entered the mix.

More and more players are choosing to spend their sizeable wages on virtual assets such as cryptocurrencies and non-fungible tokens (NFTs). But, as a result, they often find themselves inadvertently sharing risky schemes with their fans via social media.

One startling recent example is MiniFootball, an obscure digital token which rose in value after being promoted by some of the worlds top players. Shortly afterwards, it plummeted, with terrible consequences for fans who bought into the online hype.

Two of the players Chelsea and Brazil defender Thiago Silva and Liverpool legend John Aldridge told The Athletic that they knew little about the details before they shared it.

Aldridge said his endorsement was secured via his Cameo page.

Cameo is a website where people can pay celebrities to record video messages for friends and family. These are usually simple birthday greetings or well-done notes, but some, like Aldridge, offer a more expensive product for business-related campaigns.

A representative of Silva, meanwhile, thanked The Athletic for bringing the advertisement to his attention, and said the player did it upon request from a friend, and has now suspended his participation in the campaign.

Experts warn such digital tokens, all of which are unregulated, are often designed to confuse and confound.

The entire existence of of some of these tokens seems to be based around trying to make money as opposed to any legitimate use case, says Josh Kamps, a PhD student at University College London researching cryptocurrency.

Here is the original post:
MiniFootball: The strange story of a cryptocurrency players and legends 'pumped' on social media - The Athletic

Cryptocurrency, a digital medium of exchange, like US dollar and other physical currencies, is fast gaining traction across the globe. Despite the fluctuations, the cryptocurrency market has grown phenomenally.

In India, this market has grown from $923 million in April 2020 to $6.6 billion in May 2021, according to Chainalysis, a blockchain data platform. Among 154 nations, India ranks 11th in cryptocurrency adoption, it said.

Bitcoin was one of the earliest cryptocurrency, which was lapped up by investors. Since then, many new platforms have emerged, which are mostly powered by blockchain technology.

A blockchain is a database that is shared across a network of computers. In fact, it is the technology that enables the existence of cryptocurrency.

Blockchain uses strong encryption techniques to keep a check on the creation of monetary units and verify the transfer of funds. Once a record has been added to the chain, it is very difficult to change. To ensure all the copies of the database are the same, the network makes constant checks.

Blockchain has been used to underpin cyber-currencies like bitcoin, but many other possible uses are emerging.

It is believed to be the fastest growing blockchain network in the world of cryptocurrency. Solana has a block time of 400 milliseconds and transaction fees of less than $0.01.

Its token - a virtual denomination of a cryptocurrency - is SOL. It has jumped to the seventh spot among the worlds top 10 largest virtual coins amid optimism that the blockchain could be a long term competitor to Ethereum.

Solanas SOL token has tripled in about three weeks and now has a market value of more than $41 billion, according to CoinGecko.

The coronavirus pandemic has sparked huge interest in shared virtual environments, or the "metaverse". First coined in science fiction, the term is a combination of the prefix "meta", meaning beyond, and "universe".

It refers to shared virtual worlds where land, buildings, avatars and even names can be bought and sold, often using cryptocurrency. In these environments, people can wander around with friends, visit buildings, buy goods and services, and attend events.

The term covers a wide variety of virtual realities, from workplace tools to games and community platforms.

It is a cryptocurrency exchange which claims to be the largest in the world in terms of daily trading volume of cryptocurrencies. According to its website, Binance was founded in 2017 and is registered in the Cayman Islands.

Binance is in trouble as Singapore's central bank recently said that it should stop offering payment services. The Monetary Authority of Singapore warned last week that Binance's website could be breaking the law by providing payment services to Singapore residents without an appropriate licence.

After the blow, the exchange has said that it will it will restrict its services in Singapore from September 10.

Binance entered India in 2019.

Several digital currency exchanges are eyeing India to launch trading platform to capture the growing domestic crypto market. However, the fate of cryptocurrency in India is still unclear.

The government was set to present a bill to parliament by March that proposed a ban on cryptocurrencies, making trading and holding them illegal. But the bill was not tabled in the session and there is uncertainty about the government's plans.

The Reserve Bank of India (RBI) recently said it is planning to launch its own digital currency by December.

Read the original:
Cryptocurrency: What you need to know about Metaverse, Solana and other terms - Hindustan Times

In cryptocurrencies, Bitcoin prices today were trading above $51,000 mark after the world's biggest and best-known cryptocurrency rose back above the crucial $50,000 level on Sunday. As per CoinDesk, Bitcoin jumped more than 3% to $51,808. It had hit a record of almost $65,000 in April and is up around 79% this year (year-to-date).

Ether, the coin linked to the ethereum blockchain network, surged near 1% to $ 3,928.58 after briefly rose above $4,000 last week for the first time since May 15, amid a monthlong surge around a major upgrade, and as demand for non-fungible tokens continues to widen.

Ether has also done well amid continued interest in decentralized finance or DeFi, and NFTs, much of which use the Ethereum network. NFTs in particular have surged, with sales on major marketplace OpenSea rising more than 10-fold in August from the prior month.

Meanwhile, dogecoin prices gained 4% to $0.31, whereas, Cardano prices surged nearly 2% to $2.89. Other cryptocurrencies like Stellar, Uniswap, Litecoin also jumped over the last 24 hours.

Numerous cryptocurrencies have been performing well. The overall crypto market cap is $2.36 trillion, after bottoming at $1.24 trillion on July 20, CoinGecko data show.

Bitcoin hasnt seen the gains of its smaller peers, though it counted a success of its own recently by breaking through and holding near $50,000, after spending more than a week sitting just under the key round-number level. Supportive views from billionaire Elon Musk and the direct listing of digital-currency platform Coinbase Global Inc. fueled optimism.

(With inputs from agencies)

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our App Now!!

Excerpt from:
Cryptocurrency prices today: Bitcoin trades above $51,000, ether, dogecoin surge - Mint

SYDNEY, Sept 9 (Reuters) - Two of Australia's largest lenders, National Australia Bank (NAB) (NAB.AX) and Westpac (WBC.AX), on Thursday rejected criticism that they are stymieing competition by refusing to do business with cryptocurrency providers.

Many of Australia's top financial institutions have not engaged with the sector, despite its huge growth in the past year, due to its high risks.

The stock exchange ASX Ltd (ASX.AX), similarly has not allowed cryptocurrency-related listings, forcing some firms to seek public listings overseas, including on the Nasdaq.

"It's one of the emerging issues that we are looking at - what should our relationship be, if at all, with cryptocurrency," NAB Chief Executive Ross McEwan told a regular parliamentary hearing.

The bank did not have a policy excluding crypto-related customers, but did not service any of them and would only do so if it was profitable and the bank could tolerate the risks, McEwan said.

"We have to look at where does cryptocurrency go, along with ... the reserve bank and regulators. And what's the risk inside the bank of dealing with cryptocurrency providers as well."

Peter King, the chief executive of Westpac, the country's second-largest lender, said the anonymity of cryptocurrency made it "very hard" to meet the bank's anti-money laundering and counter-terrorism financing requirements.

Local digital currency exchanges Bitcoin Babe Pty Ltd and Aus Merchant Pty Ltd on Wednesday told a parliamentary committee exploring how to regulate the sector that none of the Big Four banks would do business with them.

Singapore-based payments and remittances firm Nium on Wednesday also said that Australia had been the only country where it had been "de-banked", out of 40 where it operates. read more

"Today, fintechs are always one decision away by the banks from closing their businesses," Nium APAC head of consumer Michael Minassian said. "It's time to cast an appropriate light on this anti-competitive practice."

Reporting by Paulina Duran in Sydney; Editing by Kim Coghill and Stephen Coates

Our Standards: The Thomson Reuters Trust Principles.

Original post:
Australian banks reject pressure to deal with cryptocurrency firms - Reuters

Blockfi

The BlockFi Interest Account is the ideal overall place to earn interest on Bitcoin, Ethereum, and stablecoins. BlockFi, a fully regulated and licenced bank-like supplier of cryptocurrency savings accounts, loans, and exchange services, was formed in 2017 and has financial licences to operate in 48 U.S. states.

They usually have the best rates for stablecoins, which are cryptocurrencies whose value is directly linked to the value of a fiat currency such as the US dollar. USD Coin (USDC), GUSD, and PAX, for example, are all stablecoins that can earn 7.5 percent. Tether (USDT) has the potential to earn up to 7.5 percent.

Nexo's high yield interest accounts pay out up to 12% APY on 17 different cryptocurrencies on a daily basis. Only members of Nexo's loyalty program, which is based on holding their native coin, NEXO token, get the best rates.

Cryptocurrencies such as Bitcoin, Ethereum, and Ripple have rates ranging from 4% to 8%. Stablecoins like USDT, USDC, and DAI, as well as cash deposits in USD, GBP, and EUR, earn between 10% and 12%.

Celsius Network is not only the most transparent but also the most profitable crypto lending platform in the world. It was launched in 2017 by serial entrepreneur Alex Mashinsky (one of the VOIP's inventors), and it already has over $200 million in funding and 40,000 active wallets.

Celsius Network offers some of the finest cryptocurrency interest rates and accepts a variety of prominent cryptocurrencies and stablecoins, including Bitcoin, Ethereum, USDC, PAX, and others. Furthermore, it pays weekly interest, with the option of earning more when paid in Celsius' native cryptocurrency CEL.

With offices in Cyprus and Switzerland, YouHodler is a European bank-like crypto asset management platform. The company offers a crypto savings account with a high compound interest rate of up to 12%, as well as crypto-fiat loans with loan-to-value ratios of up to 90%.

There are a total of 25 cryptocurrencies and stablecoins to earn interest on, with BTC paying 4.8 percent, ETH 5.5 percent, LINK 6.2 percent, and stablecoins paying about 12 percent. There are no lock-up periods with YouHodler, and investors can withdraw or sell their assets at any moment.

Binance Earn is Binance's one-stop crypto interest solution. Binance Earn provides a comprehensive set of staking and savings solutions for earning passive income from your crypto assets without having to trade.

There are over 60 cryptocurrencies and stablecoins to select from, with set or variable terms for earning interest.

Regular savings products, staking, and DeFi solutions are available to users, each with its own set of risks, terms, and rewards. Savings with flexible or set terms, Locked Staking, DeFi-Staking, ETH 2.0 Staking, Liquid Swap, Launchpool, and the BNB yield aggregator Vault are some of these options. While the various features can be intimidating at first, if you're ready to learn how to use them, Binance's savings and staking solutions could potentially generate a passive income.

Coinloan is a legal and regulated cryptocurrency lending and borrowing marketplace established in Europe. The company began operations in 2016 and is regulated by the Estonian Financial Supervision Authority, indicating that it holds a European Financial Licence.

Cryptocurrency interest is calculated daily on your deposit and credited to your wallet on the first of each month. Coinloan interest account rates vary, but can reach 12 percent per year. CoinLoan keeps cryptoassets in offline, cold, multi-signature wallets with the digital asset trust custodian BitGo, which is insured by Lloyd's for $100 million.

Continued here:
6 Best Crypto Savings Account in 2021; Deposit Crypto And Earn Interest Up To 8% - Goodreturns