Ledger Launches Bitcoin Lending Feature, Borrow USDC or USDT Against cbBTC or WBTC

Odaily reports: Hardware wallet company Ledger announced at TOKEN2049 in Singapore the launch of a self-custodial lending feature within its wallet app called Crypto Loan. Eligible users can use cbBTC or wBTC as collateral to borrow USDC or USDT.

Users can open and manage loans directly within Ledger Wallet, track loan-to-value ratios, add collateral, repay loans, or increase borrowing. Key operations must be confirmed via hardware on a Ledger signing device before execution.

The feature is powered by decentralized credit network Morpho, with Yield.xyz as the technology service provider. Ledger also announced that its signing devices can connect directly to Morpho without the need for browser extensions or software wallet connection protocols.

Crypto Loan has begun rolling out to eligible users, with broader coverage to follow. If the price of collateral assets drops significantly, the related collateral may be subject to forced liquidation. (Decrypt)

最热快讯
Interactive Brokers Launches Ethereum Staking Service Powered by ZeroHash
Odaily News: According to market reports, Interactive Brokers has launched an Ethereum staking service powered by ZeroHash.
CME CEO Questions CFTC's Authority Over Prediction Markets, Says Dispute May Reach Supreme Court
Odaily News: CME Group CEO Terrence Duffy stated that the U.S. Commodity Futures Trading Commission's (CFTC) attempt to expand its regulatory authority over prediction markets is "a bit of a stretch," and that the related regulatory dispute could ultimately reach the U.S. Supreme Court.Speaking at the DC Fintech Week event on Tuesday, Duffy said the battle over prediction market regulation could evolve into a legal showdown among state governments, tribal governments, and the federal government. "This is going to the Supreme Court, and I think the states and the tribes will prevail," he said. (The Block)
Trader Killa: Bitcoin's Short-Term Choppy Action May Be a "Liquidation Game," Next Key Level to Watch Is $75,500
Odaily reports: Trader Killa says that for Bitcoin (BTC) to replicate its 2023 price action, it needs to form a higher low (HL) above $75,500 and ideally hold the low near $80,000.After Bitcoin recently reclaimed its short-term structure around the $82,000 zone, it pulled back to test and broke through again, with short-term price action showing strong characteristics of "bull traps and bear traps." When BTC previously fell from $84,100 to $81,000, the structure appeared weak, but a large number of shorts entering at the lows fueled the subsequent rebound.Killa noted that during the drop from $84,100 to $81,000, long liquidations totaled approximately $300 million, while during the earlier decline from $86,800 to $80,600, long liquidations exceeded $2 billion, indicating that the market's leverage structure is improving and the proportion of longs has declined compared to before. The market now needs to form a higher low and initiate the next leg up; otherwise, this correction could break below $80,000.
US mega-cap cloud providers rally collectively, Microsoft stock hits another record high
Odaily reports that according to MSX.COM data, US mega-cap cloud providers including Microsoft and Google rallied collectively. Google-A shares rose 1.07% to $356.510 per share, with a total market capitalization of $4.36 trillion.Microsoft shares rose 1.6% to $549.795 per share, hitting another record high, with a total market capitalization of $4.08 trillion. Amazon shares rose 0.93% to $261.950 per share, with a total market capitalization of $2.83 trillion.
Apple's total market cap reaches $5.06 trillion, setting a new all-time high
According to MSX.COM data, Apple's stock price rose 1.74% in early trading to $346.892 per share, with a total market cap of $5.06 trillion, setting a new all-time high.
Today, U.S. Bitcoin ETFs saw a net outflow of 788 BTC, and Ethereum ETFs saw a net outflow of 29,926 ETH
According to Lookonchain monitoring, today U.S. Bitcoin ETFs saw a net outflow of 788 BTC, with a 7-day net outflow of 8,267 BTC; Ethereum ETFs saw a net outflow of 29,926 ETH, with a 7-day net outflow of 217,087 ETH.
资讯热榜
日榜
周榜
BTC breaks through 84,000 USDT, 24H gain 0.01%
South Korean stock index plunges, exchange activates sidecar mechanism for KOSPI index
Goldman Sachs: $1.7 Trillion Buyback Wave Will Buffer the Impact of Surging Equity Supply
US media: OpenAI reportedly plans to "revive" Sora
Binance Pool and related services will be discontinued on November 10, 2026
Macquarie: Accelerating US September CPI Unlikely to Prompt a Fed Rate Hike in October
Korean stocks close down 5.4%, SK Hynix plunges 10%
KB Securities: South Korean Chip Stocks Pullback May Reflect Investors' Doubts About Earnings Sustainability
South Korea's KOSPI index extends decline to over 4%
Meta releases Muse Wonder series, claiming superior performance to comparable models from Anthropic and OpenAI