Bitcoin holders are becoming more comfortable borrowing against their crypto as market confidence grows, according to Seamus Rocca, CEO of the Gibraltar-based private bank, Xapo Bank.
In an interview at the Token2049 event in Dubai, Rocca told Cointelegraph that with Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”null”>BTC) hovering around $95,000 and institutional adoption starting to catch on, the mood among investors has shifted from short-term speculation to a more long-term outlook.
“I’m not sure that confidence would have been there three or four years ago,” Rocca told…

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