Analysis entries
35
Current posts in the public analysis stream.
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Current analysis for Bitcoin financial decisions
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Updated through April 15, 2026.
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April 15, 2026
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Featured
AnnouncementLoans3 min readApril 15, 2026
How Pledge Compares Bitcoin-Backed Loan Rates
A current snapshot of Pledge's safety-first Bitcoin-backed loan comparison: 15 tracked platforms, 136 data points, and no paid ranking placements.
A
Pledge Research Team
Independent Bitcoin product research
announcementcomparison
Read
OpinionLoans5 min readApril 6, 2026
Why We Built Pledge
After years in private credit, we kept seeing BTC borrowers make the same mistakes. So we built the tool we wished had existed — by Bitcoiners, for Bitcoiners.
A
Pledge Research Team
Independent Bitcoin product research
missionwhy
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DataLoans8 min readApril 3, 2026
The Tax Case for BTC Loans: A Concrete Example
Selling BTC triggers capital gains. Borrowing against it does not — but the tax mechanics are nuanced. A practical tax strategy guide for US Bitcoin holders.
A
Pledge Research Team
Independent Bitcoin product research
taxstrategymath
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btc-loans
10 postscomparison
8 postsstrategy
7 postssafety
5 postscustody
4 postsLatest analysis
DataLoans8 minApril 8, 2026
How to Use Bitcoin as Collateral Without Selling
Selling BTC usually triggers taxes and removes upside. Borrowing can defer realizing gains, but structure and liquidation risk matter. A practical comparison for BTC holders considering a loan.
A
Pledge Research Teamcollateralborrow-vs-sellstrategy
AnalysisLoans10 minApril 8, 2026
Bitcoin Lending Regulation: State-by-State Guide
Which states allow BTC-backed lending? Key regulatory differences, New York restrictions, and the availability patterns we currently track.
A
Pledge Research Teamregulationcompliancestate-law
DataLoans7 minApril 8, 2026
Bitcoin Loan Calculator: How Much Can You Borrow?
How BTC-backed loan amounts are calculated using LTV ratios, collateral value, and platform limits. A step-by-step walkthrough with real numbers.
A
Pledge Research Teamcalculatorltvhow-much
Deep DiveControl models9 minApril 8, 2026
Bitcoin Loan Risks: What Every Borrower Should Know
BTC loans carry unique risks: liquidation cascades, platform insolvency, and regulatory shifts. How to evaluate each risk before borrowing against Bitcoin.
A
Pledge Research Teamriskssafetyliquidation
AnalysisLoans8 minApril 8, 2026
Cross-Chain Lending: Bridging BTC to DeFi
How wrapping BTC (WBTC, TBTC) enables DeFi lending — and the real risks that come with bridge infrastructure.
A
Pledge Research Teamdeficross-chainwbtc
DataLoans6 minApril 8, 2026
BTC Loan APR Snapshot: April 2026
BTC-backed loan rates across the platforms we track as of April 2026. APR ranges, LTV limits, and effective cost calculations — reviewed from public source snapshots.
A
Pledge Research Teamratesaprcomparison
DataLoans6 minApril 8, 2026
Instant Bitcoin Loans: Which Platform Is Fastest?
Funding speed compared across 15 BTC lending platforms — from DeFi instant settlement to CeFi same-day. Actual times, not marketing claims.
A
Pledge Research Teamfunding-speedinstantcomparison
AnalysisLoans8 minApril 8, 2026
Institutional BTC Lending: What Borrowers Can Learn
How leading institutions approach BTC-collateralized lending — and the risk management frameworks individual borrowers can adopt for better outcomes.
A
Pledge Research Teaminstitutionalrisk-managementstrategy
AnalysisLoans10 minApril 8, 2026
Ledn vs Nexo: Which BTC Lender Is Safer in 2026?
Ledn vs Nexo: two major BTC lenders with very different approaches to custody, rehypothecation, and rate transparency. A detailed side-by-side comparison.
A
Pledge Research Teamlednnexocomparison
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