Browsing: Altcoins

Ethereum (ETH) and the broader #altcoin market have continued to trail Bitcoin (BTC) through the crypto market’s recovery following a period of geopolitical tensions, and JPMorgan analysts say the gap is unlikely to close without concrete gains in network usage.

Crypto-backed loans allow borrowers to use cryptocurrency as collateral rather than selling their‌ crypto holdings. Loans can be taken in fiat currency or stablecoins while the borrower retains ownership of‌ their crypto. In both centralized lending and DeFi‌ protocols, this may involve the loan being repaid and the collateral released.