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Bitcoin News Roundup for March 30, 2020
Bitcoin is back and Breitling puts watches on the blockchain. It's CoinDesk's Markets Daily.
Updated Sep 14, 2021, 8:23 a.m. Published Mar 30, 2020, 4:00 p.m.
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Todays Stories:
Bitcoin Diverges From Falling Equities With $500 Price Rise
Luxury Watchmaker Breitling Adds Its First Timepieces to a Blockchain
World Health Organization Teams With IBM, Oracle on Blockchain-Based Coronavirus Data Hub
How a Flurry of 'Digital Dollar' Proposals Made It to Congress
Misty Robotics: Say Hello to Your Next Development Platform
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KindlyMD Turns to Kraken as Fourth Provider for Bitcoin-Backed $210M Loan at 8%
An SEC filing shows the Kraken facility will be used to retire an outstanding Antalpha loan and requires significant bitcoin collateral.
What to know:
- KindlyMD turned to Kraken for a $210 million loan “bearing a fee of 8% per annum” with maturity on Dec. 4, 2026.
- The company said it will use the proceeds to satisfy its obligations to Antalpha Digital in full.
- Kraken becomes the company’s fourth financing source this year following earlier arrangements with Yorkville Advisors, Two Prime and Antalpha.
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