Sbi trade, a major japanese financial institution, launching a crypto lending service for bitcoin and bitcoin cash signifies increasing institutional adoption and provides a new utility for holders, encouraging accumulation rather than immediate selling. tim draper's statement reinforces long-term bullish sentiment for bitcoin.
The news is based on a direct announcement from sbi vc trade's official twitter account and a public statement from tim draper on x (formerly twitter).
The introduction of a new lending service by a significant financial entity like sbi group for btc and bch adds utility, promotes holding, and expands the market's reach, which is fundamentally bullish. tim draper's reaffirmation of bitcoin's transformative nature further supports a positive outlook.
Institutional integration and new utility offerings typically have a gradual, sustained positive impact on market sentiment and price discovery rather than causing immediate sharp movements. draper's perspective focuses on long-term adoption trends.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News SBI Trade wants your Bitcoin and Bitcoin Cash Tim Draper's bullish Bitcoin statement Advertisement SBI Trade crypto exchange, a subsidiary of the SBI Group giant, has announced the launch of a new service offering customers the opportunity to lock their crypto for a certain period, during which they will receive a commission (a rental fee) and the exchange will lend out their coins. So far, the platform begins with two major cryptocurrencies – Bitcoin and Bitcoin Cash. Basically, the Japanese financial behemoth SBI is dipping its toes into the decentralized finance (DeFi) space. You Might Also Like Tue, 01/20/2026 - 17:58 Billionaire Bitcoin Holder Dalio: Monetary Order Breaking Down By Alex Dovbnya HOT Stories XRP Hits ‘Extreme Fear’ After 19% Drop U.Today Crypto Review: Ethereum (ETH) Loses 30-Day Progress, Shiba Inu's (SHIB) End of Bears; Bitcoin's (BTC) Last Recovery Chance U.Today Crypto Digest: Strategy (MSTR) Buying Bitcoin Again, Bitmine Adds $108 Million Worth of Ethereum, XRP Price Flashes Major Warning XRP Price: Ripple CEO Predicts New All-Time Highs for Crypto Markets SBI Trade wants your Bitcoin and Bitcoin Cash According to the company’s website, today at 8:00 a.m., SBI Trade begins accepting cryptocurrencies for staking from its customers – Bitcoin and Bitcoin Cash. Advertisement The trading platform is going to create a pool of crypto from which it will lend coins out and pay commission fees to owners for locking their coins for a certain time period in the staking pool. SBI Trade is going to begin crypto lending with Bitcoin and its hardfork coin, Bitcoin Cash. The site says that this service is recommended to those customers who do not plan to sell their crypto assets immediately but rather just hold them on the trading platform. Thus, SBI Trade offers an additional source of income to its users. / #貸コイン 本日20:00~募集開始📣 BTC/BCH 対象2銘柄✨ \ 詳細はこちら🔻 https://t.co/BlUfm32IAG スマホの方はアプリから📱 #SBI #SBIVC #VCトレード #暗号資産 ( #仮想通貨 ) #レンディング pic.twitter.com/srnVtGZiT2 — SBI VC Trade (SBI VCトレード) (@sbivc_official) January 22, 2026 Tim Draper's bullish Bitcoin statement In a recent statement on X (formerly Twitter), prominent investor Tim Draper has added Bitcoin to the list of breakthrough technologies that “challenge the status quo and scare people.” Advertisement Tim Draper published an X post, explaining the reaction of the vast majority of people to revolutionary breakthroughs, hinting that society mostly consists of reactionary individuals. In particular, he said that electricity was first considered witchcraft. Also, he said, “Automobiles were unsafe and noisy and scared the horses.” On the same list are computers, birth control, cloning and finally, the internet and artificial intelligence. Most breakthrough technologies challenge the status quo and scare people: People start by ignoring them. Then they argue to try to keep the status quo. → "This is immoral" → "This changes too much" → "We can't have this in society" Then they start using it themselves.… — Tim Draper (@TimDraper) January 21, 2026 He stressed that while the vast majority is first frightened of new things and rejects them, the same people then begin using them, and then they become evangelists of these things, going from “this is immoral” to living as if “the breakthrough technology seems as though it has always been here.” “Bitcoin wasn’t considered money,” Draper wrote. However, now it is valued by Wall Street as a safe haven and digital gold. "What seems 'scary or irrational' today becomes an essential part of life tomorrow," the investor stressed. #SBI Group #Bitcoin #Bitcoin Cash