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72% YoY increase in crypto-backed borrowing reports Nexo

Digital assets platform Nexo reported a 72% year-over-year rise in crypto-backed borrowing through the Nexo Card as users choose to hold their assets instead of selling, as per the information shared with Finbold on July 10.  Nexo’s 2024 Card Report shows that over 100,000 Bitcoin (BTC) and 750,000 Ethereum (ETH) avoided being sold through users accessing the Nexo Card’s collateralized credit line. Weekly card transaction frequency jumped by 324% across the European Economic Area. “Today, people don’t want to choose between their financial future and their present needs — and the Nexo Card reflects that,” noted Chief Product Officer Elitsa Taskova. “It’s empowering users to live fully without losing the potential of their assets. Whether it’s art, travel, or supporting a loved one, crypto is now part of everyday life.” The Mastercard-powered Nexo Card won several 2024 awards from The Digital Banker, FinTech Breakthrough, and INATBA, including Best Pa...

Top Crypto Gainers Today Feb 6 – Ronin, Nexo, Gnosis, Celo

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Certain digital assets occasionally capture significant attention due to notable price movements. Today, February 6, 2025, Ronin (RON), Nexo (NEXO), Gnosis (GNO), and Celo (CELO) have emerged as prominent gainers, each presenting unique opportunities and developments that may intrigue investors. Staying informed about such assets can provide valuable perspectives for both seasoned investors and newcomers alike. Biggest Crypto Gainers Today- Top List Ronin, known for its association with blockchain gaming, has seen a surge, potentially driven by increased activity in the gaming sector. Nexo, a platform offering crypto-backed loans, continues to attract users seeking liquidity without liquidating their assets. Gnosis, with its focus on decentralized prediction markets, appeals to those interested in forecasting and information markets. Celo’s mission to enhance financial inclusion through mobile-friendly solutions resonates with a global audience aiming for accessible finan...

6 Best Altcoins to Watch Today January 19 – Beldex, Creditcoin, Nexo, SafePal

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Are you on the lookout for promising altcoins to add to your portfolio? With the crypto market showing signs of resurgence, it’s the perfect time to explore potential gems that could deliver substantial returns. Today, the spotlight is on Beldex, Creditcoin, Nexo, and SafePal, projects that are gaining momentum and reshaping their respective niches. 6 Best Altcoins to Watch Today Each of these coins solves unique problems, offering innovative solutions in privacy, finance, and crypto management. Beldex is perfect for those prioritizing privacy in their financial activities. Creditcoin provides a transparent system for recording credit histories, paving the way for greater integration into real-world financial systems. Nexo allows users to utilize their digital assets without the need to sell them, while SafePal offers a secure and convenient way to manage a variety of crypto assets. 1. Beldex (BDX) Beldex is designed to address the growing concerns over data security and anony...