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>>Ethereum Price Outlook: Coinbase Enables Users to Borrow $1 Million Without Selling ETH – Is This a Game‑Changer?

Ethereum Price Outlook: Coinbase Enables Users to Borrow $1 Million Without Selling ETH – Is This a Game‑Changer?

crypthub

about 7 hours ago

Coinbase Introduces ETH‑Backed Loans

Coinbase now accepts Ethereum as collateral, letting eligible users borrow up to $1 million USDC without selling ETH. The service, previously Bitcoin‑only, is live in most U.S. states and targets long‑term holders needing liquidity for expenses. Crypto‑collateralized lending hit $73.6 billion in Q3, and Coinbase’s BTC loans already exceed $1.27 billion, showing strong demand.

Potential Effect on Ethereum Price

Keeping ETH on balance sheets could reduce sell pressure and stabilize the token. Technicals display a bullish head‑and‑shoulder pattern, with RSI at oversold levels and MACD flattening, hinting at a breakout near $5,500. Continued institutional adoption may push ETH toward $10,000 within a year.

PepeNode Offers Passive Mining Income

PepeNode provides a mine‑to‑earn platform requiring no hardware; users buy virtual nodes and earn meme‑coin rewards. The presale raised $2.1 million and early participants see up to 593 % APY, while 70 % of spend is burned to create scarcity. The model aims to deliver steady returns independent of market sentiment.

Ethereum Price Outlook: Coinbase Enables Users to Borrow $1 Million Without Selling ETH – Is This a Game‑Changer?

Coinbase Introduces ETH‑Backed Loans

Potential Effect on Ethereum Price

PepeNode Offers Passive Mining Income

Ethereum Price Outlook: Coinbase Enables Users to Borrow $1 Million Without Selling ETH – Is This a Game‑Changer?