If you're a Coinbase user, you may be able to use the bitcoin you own as collateral to get a loan thanks to a new service launched Thursday. But the offering has its risks.

Coinbase, in partnership with Morpho Labs, has launched a Bitcoin-backed loan service, allowing U.S. users to borrow up to $100,000 in USD Coin (USDC) using their Bitcoin as collateral.

XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the

The nation's largest crypto exchange, Coinbase, endorsed the idea of a U.S. bitcoin strategic reserve Friday, part of a wide-ranging blog post on "economic freedom" from CEO Brian Armstrong, shared in advance exclusively with Axios.

Bitcoin had a wild week, dipping below $90,000 before surging above $105,000 just days ahead of Donald Trump's White House return.

Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.

Did President-elect Trump just ignite a Bitcoin firestorm? Many crypto-related stocks posted big gains on Friday, just ahead of next week's inauguration.

Cryptocurrency exchange Coinbase has reintroduced Bitcoin-backed loans in the United States, giving users the ability to borrow against their digital asset holdings. The new product line allows US account holders,

Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the loan-to-value ratio flies too close to the sun.

Coinbase has launched Bitcoin-backed loans for U.S. users, allowing them to borrow up to $100,000 in USDC using Bitcoin as collateral.

MAGA and BTC united on Friday to celebrate what Trump’s crypto czar called an end of a “reign of terror” against cryptocurrency.