CrossTower Partners With BankProv to Provide Crypto Lending Platform

Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.

Jun 16, 2022

More Videos

Sports Betting Is Changing Fast. BetMGM CEO On The Fight For Bettors

BetMGM CEO Adam Greenblatt breaks down football betting, prediction markets, live bets and how technology is reshaping the fight for sports bettors.

Fed Rate Cut In Focus: Is Inflation Too Hot For Powell To Move?

Chris Versace breaks down the mixed inflation and jobs data facing the Fed and what this week’s rate decision could mean for markets and 2027.

How PopSockets Went From A Garage Project To A Household Name

PopSockets founder David Barnett explains how a simple idea became 300 million products, major partnerships and a global phone-accessory brand.

Hollywood’s $4.7 Billion Summer: Is The Movie Business Back?

Seth Schachner, Managing Director at Strat Americas, explains what fueled Hollywood’s $4.7 billion summer and whether movie theaters are truly back.

The AI Safety Crisis Is Growing: Why Researchers Are Speaking Out

Christopher Zara, News Director at Fast Company, joins us as AI researchers raise new concerns about safety, control and the race to build powerful AI.

Trump Makes A Crypto Concession, But The Senate Fight Isn’t Over

President Trump has agreed to new ethics provisions aimed at clearing a major cryptocurrency bill through the Senate.

The Real Cost Of Owning A Car Today

New car owner analysis from Insurify finds drivers spend an average of $5,851 a year on insurance, gas and maintenance alone, separate from financing costs.

Oil Surges As Saudi Arabia Loses A Key Route Around Hormuz

Oil prices are climbing again after Saudi Arabia shut down a critical pipeline that has served as a major alternative route around the Strait of Hormuz.