Latest news with #Ledn
Yahoo
2 days ago
- Business
- Yahoo
Bitcoin Hits New All-Time High Above $120K as U.S. Inflation Data Looms
Bitcoin (BTC) rose past $120,000 for the first time on record, taking the year-to-date gain to 28%. BTC is currently trading above $121,000 as of midday Hong Kong time, according to CoinDesk market data. The move follows President Donald Trump's decision to impose a 30% tariff on the EU and Mexico, starting Aug. 1, and marks a bullish resolution to roughly 48 hours of choppy price action that allowed overbought signals from short-duration indicators to reset to bullish. The focus now shifts to the U.S. inflation data due this week, which is expected to show the cost of living ticked up in June against the backdrop of Trump's trade war. According to FactSet, economists expect that the consumer price index (CPI) rose 0.25% on a monthly basis in June, equating to 2.6% annualized growth. The core CPI, which excludes the volatile food and energy, is forecast to have risen 0.3% monthly and 3% on an annualized basis. Risk assets, including BTC, may wobble a bit if inflation accelerates, delaying the Fed rate cut. That said, the downside could be limited given the strong momentum in terms of corporate adoption of BTC, ETF inflows and positive regulatory outlook in the U.S. According to John Glover, CEO of Ledn, BTC's rally has legs and prices could rise to $136,000 by the year-end. "We have finally broken to new highs, which confirms that the dip to $96k in late June satisfied the wave (ii) pullback (yellow line) within the larger Wave 5 (orange line)," Glover said in an email. "While this doesn't change the ultimate target of circa $136k to complete this bull run, it does likely reduce the time it will take to complete. I was previously looking for this in Q1 of 2026, but now it looks likely to hit $136k by year-end," he added.
Express Tribune
6 days ago
- Business
- Express Tribune
Bitcoin all-time high is here: Experts suggesting a $120,000-$130,000 rally, here's why
Bitcoin (BTC) achieved a significant milestone on Wednesday afternoon, reaching an all-time high (ATH) of $112,022. It surged past its previous consolidation phase, overcoming resistance levels and paving way for potential gains ahead. John Glover, Chief Investment Officer at crypto lending platform Ledn, pointed out to MarketWatch that this recent rally mirrors a retest of Bitcoin's previous ATH, set earlier this year on May 22. This earlier peak faced selling pressure, but Glover noted that institutional interest in Bitcoin is now on the rise. Companies such as Trump Media & Technology Group and GameStop have publicly revealed their intentions to purchase Bitcoin to strengthen their treasuries, as reported by MarketWatch. Despite this momentum, experts caution that the sustainability of Bitcoin's surge depends largely on macroeconomic factors, including ongoing trade negotiations. A study published in the International Review of Economics and Finance revealed that macroeconomic factors significantly influence any cryptocurrency's demand. Market expert Doctor Profit posted on social media, affirming his confidence that Bitcoin's surge is far from over. He predicted that the cryptocurrency could soon hit new highs, with a target range of $120,000 to $130,000. BITCOIN HIT ATH AT $112,000 THE PARTY IS NOT OVER YET A NEW ATH IS COMING SOON — Doctor Profit 🇨🇭 (@DrProfitCrypto) July 9, 2025 Profit outlined two potential scenarios for this breakout. The first suggests Bitcoin could temporarily dip to a range of $92,000 to $93,000 before bouncing back and quickly moving towards the $120,000 mark. The second, more aggressive scenario, anticipates Bitcoin surging past the $113,000 to $114,000 range without revisiting lower levels. As of the latest update, Bitcoin has retraced slightly to $111,276, attempting to establish this level as its new support floor. How the market reacts to this range will likely play a key role in determining the cryptocurrency's next steps.
Yahoo
17-06-2025
- Business
- Yahoo
Ledn co-founder says crypto regulatory tailwind from the U.S. is fueling Bitcoin lending boom
Ledn co-founder says crypto regulatory tailwind from the U.S. is fueling Bitcoin lending boom originally appeared on TheStreet. In an interview with TheStreet Roundtable, Mauricio Di Bartolomeo, co-founder of Ledn, highlighted how clear signals from US authorities have ignited what he called a 'Cambrian explosion' in Bitcoin-backed lending. He noted that major regulators have moved from resistance to support — turning prior choke points into open doors for the industry. Di Bartolomeo pointed to the US Securities and Exchange Commission's recent embrace of Bitcoin ETFs and the appointment of a crypto czar as pivotal. 'The SEC has now turned into a tailwind to the space,' he said — adding that these developments send a strong message to global investors that the United States is 'open for business.' He underscored that the largest market's political will to support digital-asset firms reduces counterparty risk for borrowers and lenders alike. Regulatory clarity fuels growth Di Bartolomeo credited influential investors for raising Bitcoin's profile. He cited figures such as Larry Fink, Paul Tudor Jones and Tim Cook, who publicly back Bitcoin and have a long term view on the asset. Di Bartolomeo also noted that MicroStrategy's high-profile corporate bond issuances have popularized the idea of borrowing cash to buy more Bitcoin — a mindset that's driving demand for truly Bitcoin-backed loans. 'if you need cash-- borrow cash against the bitcoin instead,' he explained. Clients' experiences have reinforced this message. 'Every single person that has used their loans responsibly since 2018 has done well financially. This is why our clients keep coming back,' Di Bartolomeo said. Word-of-mouth referrals, he added, have become a powerful acquisition channel — loyal customers recommending Ledn to friends and family. With interest rates on Bitcoin loans trending lower, Di Bartolomeo anticipates even broader adoption. With interest rates falling and Bitcoin's market value climbing, clients can pledge the same collateral to borrow larger amounts — unlocking more cash without ever selling. He believes this dynamic, combined with regulatory support, will sustain Ledn's growth trajectory for years to come. Ledn co-founder says crypto regulatory tailwind from the U.S. is fueling Bitcoin lending boom first appeared on TheStreet on Jun 16, 2025 This story was originally reported by TheStreet on Jun 16, 2025, where it first appeared.
Crypto Insight
16-06-2025
- Business
- Crypto Insight
Bitcoin-backed loans open the real estate market to crypto-rich, tax-free
Bitcoin holders are using crypto-backed loans to purchase real estate without selling a single satoshi, allowing them to avoid triggering capital gains taxes. The emerging trend is gaining momentum among early crypto adopters, entrepreneurs, and high-net-worth individuals who are 'Bitcoin wealthy' but often don't meet the traditional criteria for real estate financing, Mauricio Di Bartolomeo, co-founder of Ledn, told Cointelegraph. Bitcoin-backed lending models allow borrowers to leverage their crypto without divesting. Since taking a loan doesn't typically count as a taxable event, clients can access liquidity while retaining upside exposure. 'Borrowing using your Bitcoin as collateral doesn't typically trigger capital gains taxes in most jurisdictions because borrowing against an asset is typically not a taxable event — you are not selling your Bitcoin,' Di Bartolomeo said. Bitcoin loans fund homes fast To secure a Bitcoin loan, clients lock up BTC at a typical 50% loan-to-value (LTV) ratio and receive fiat or stablecoins. The average funding time for one lender is 9.6 hours, Di Bartolomeo said. These funds are then used either as a down payment or to cover the entire cost of a property. The model also offers some flexibility. Interest and fees accrue over the loan term, with no mandatory monthly payments. Repayment can occur anytime without penalties, and loans can be renewed if the LTV remains under 60%. Borrowers also retain the right to withdraw excess collateral if Bitcoin appreciates during the loan term. Di Bartolomeo said that Ledn's Bitcoin loans have found strong adoption in Latin America, the US and parts of Europe. 'The beauty of Bitcoin as collateral is that it is borderless,' he said. A recurring concern with BTC-backed loans is volatility. 'As Bitcoin price drops and the LTV increases, clients will receive notifications to send additional collateral,' Di Bartolomeo explained. If the LTV reaches 80%, the lender sells the necessary amount of BTC to repay the loan, returning any remainder to the borrower. Since the real estate transaction has already occurred, a liquidation doesn't reverse the property purchase — it simply settles the loan. Bitcoin as collateral, no credit check needed Traditional lenders often shy away from crypto due to regulatory uncertainty and credit risk. However, Di Bartolomeo said Bitcoin loans can bypass the need for credit scores entirely. Borrowers post 2:1 collateral, and lenders can liquidate instantly if the value falls. 'We believe Bitcoin is the world's most pristine collateral. It trades 24/7, it is deeply liquid, and transactions can be sent globally in real-time,' Di Bartolomeo noted. Ledn issued over $300 million in retail loans in the first quarter of 2025 and is on pace to exceed $1 billion by year's end, the firm said. Furthermore, in 2024, clients earned eight times more from Bitcoin's appreciation than they paid in interest, with over 1,000 BTC withdrawn as excess collateral when prices climbed. Di Bartolomeo added that more and more high-net-worth individuals are turning to Bitcoin-backed loans. Rather than cashing out, they are leveraging their BTC holdings to access hard assets like real estate, maintaining exposure to what they view as their best-performing investment. 'They want to keep the exposure to their highest and best performing asset, and still get to enjoy moving into a new property without selling their Bitcoin.' In May, Seamus Rocca, CEO of the Gibraltar-based private bank Xapo Bank, said Bitcoin holders are becoming more comfortable borrowing against their crypto as market confidence grows. On March 18, Xapo Bank launched a lending product that allows users to borrow US dollars using their Bitcoin as collateral. With the product, qualified clients can access up to $1 million in loans while keeping their BTC. Source:
Yahoo
12-06-2025
- Business
- Yahoo
Bitcoin loans fund homes and bills, says Ledn co-founder
Bitcoin loans fund homes and bills, says Ledn co-founder originally appeared on TheStreet. In an interview with TheStreet Roundtable, Ledn co-founder Mauricio Di Bartolomeo laid out the everyday reasons people mortgage their Bitcoin rather than sell it. Many borrowers turn to Ledn when they have built significant wealth in Bitcoin. 'Many of our clients have accumulated a significant amount of wealth in Bitcoin,' Di Bartolomeo said, noting that people with millions in Bitcoin often want to 'buy a bigger home for their growing family.' But banks 'will say, what's that? That's not an asset.' Bitcoin lending and borrowing lets owners use their coins as collateral to get fiat loans without selling. By locking Bitcoin with a lender like Ledn, borrowers can get cash while retaining upside if prices rise. Lenders hold the collateral and charge interest — managing risk through loan-to-value limits and automatic liquidations. Borrowing against Bitcoin lets customers skirt a taxable sale, place the coins as collateral and 'buy the property or the house that you're looking to move into.' Private and publicly listed firms that keep reserves in Bitcoin 'use our products to effectively manage their cash flows,' he explained. The loans cover salaries and other fiat costs 'without having to sell the Bitcoin position that they've worked so hard to build.' Some investors borrow dollars from digital assets to 'make other investments' such as buying more crypto, he added. Industry workers paid in Bitcoin rely on monthly advances of '10, 20 grand' to cover rent, car payments and other day-to-day expenses — using Ledn as 'a bridge between their Bitcoin income and their fiat life.' Di Bartolomeo said that Ledn's Bitcoin loans start at a 50% loan-to-value ratio (LTV). 'If you come to Ledn with $10,000 worth of Bitcoin, you get $5,000 worth of dollars,' he said. Should the collateral's value fall, clients must top it up. If a loan hits 80% LTV, 'our system automatically and algorithmically liquidates as much Bitcoin as needed to close the loan and returns whatever is left over to you.' That strict model has delivered zero non-performing loans or a cent loss in Ledn's seven-year operations with billions of dollars processed. For Di Bartolomeo, the track record shows Bitcoin-backed lending 'can bring you a very attractive return' while still being 'very sound.' Borrowers get to keep their Bitcoin — and their lifestyles — intact. Bitcoin loans fund homes and bills, says Ledn co-founder first appeared on TheStreet on Jun 11, 2025 This story was originally reported by TheStreet on Jun 11, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
