BlockFi Raises Deposit Rates as Bitcoin Crash Juices Loan Demand

Crypto New Media Press

Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership

An increase in borrower demand is driving crypto lender BlockFi to raise interest rates for bitcoin (BTC) and ether (ETH) deposits on April 1, said CEO Zac Prince. The second-largest price drop in bitcoin’s history last Thursday created a gulf between prices on the bitcoin futures and spot markets. In the following days, BlockFi saw […]

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