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Inside the $37B Crypto Lending Market

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Manage episode 482424860 series 2592246
Content provided by The Mining Pod and Blockspace Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Mining Pod and Blockspace Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Check out our free report on forecasting Bitcoin’s hashrate!

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You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.com

Welcome to The Mining Pod! Today, Will and Colin dissect Galaxy's report on the crypto lending market. The crypto lending sector crashed 80% after peaking at $64.4 billion in Q4 2021 following failures at Genesis, BlockFi, and Celsius which fissured the lending landscape during bitcoin’s 2022 bear market. Since then, DeFi lending has surged 959% to $19.1 billion and has now overtaken centralized lending. Plus, Tether emerged from the bear market as the dominant player in centralized lending, why ASIC-backed loans haven’t recovered from 2021’s go-go days, and why bitcoin miners will increasingly leverage their HODL to access financing.

# Notes:

- Crypto lending market: $36.5B in Q4 2024

- DeFi lending grew 959% since Q4 2022

- Tether controls ~70% of centralized lending

- ASIC-backed loans collapsed in 2022

- Large miners beginning Bitcoin lending operations

- Interest rates lower in DeFi vs. OTC markets

00:00 Start

03:34 Why does lending matter?

05:56 Lender types

07:02 DeFi loan market

08:30 Lending market growth

24:47 Future of the lending market

25:41 Lava

27:02 AAVE

28:22 Interest rates

31:54 Predictions: Miners using BTC as collateral

33:22 Predictions: Rates converging with tradfi

35:10 Predictions: Retail lending products

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For more information, visit www.DigitalShovel.com

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

409 episodes

Artwork
iconShare
 
Manage episode 482424860 series 2592246
Content provided by The Mining Pod and Blockspace Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Mining Pod and Blockspace Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Check out our free report on forecasting Bitcoin’s hashrate!

FILL OUT THE MINING POD SURVEY BY CLICKING HERE

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.com

Welcome to The Mining Pod! Today, Will and Colin dissect Galaxy's report on the crypto lending market. The crypto lending sector crashed 80% after peaking at $64.4 billion in Q4 2021 following failures at Genesis, BlockFi, and Celsius which fissured the lending landscape during bitcoin’s 2022 bear market. Since then, DeFi lending has surged 959% to $19.1 billion and has now overtaken centralized lending. Plus, Tether emerged from the bear market as the dominant player in centralized lending, why ASIC-backed loans haven’t recovered from 2021’s go-go days, and why bitcoin miners will increasingly leverage their HODL to access financing.

# Notes:

- Crypto lending market: $36.5B in Q4 2024

- DeFi lending grew 959% since Q4 2022

- Tether controls ~70% of centralized lending

- ASIC-backed loans collapsed in 2022

- Large miners beginning Bitcoin lending operations

- Interest rates lower in DeFi vs. OTC markets

00:00 Start

03:34 Why does lending matter?

05:56 Lender types

07:02 DeFi loan market

08:30 Lending market growth

24:47 Future of the lending market

25:41 Lava

27:02 AAVE

28:22 Interest rates

31:54 Predictions: Miners using BTC as collateral

33:22 Predictions: Rates converging with tradfi

35:10 Predictions: Retail lending products

👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy.

And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today!

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 @Digital_Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices for a complete datacenter, including Smart PDUs and switchgear.

For more information, visit www.DigitalShovel.com

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

409 episodes

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