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Strike introduces volatility-proof bitcoin loans to safeguard against liquidation
2 sourcesFirst reported 14 days agoUpdated 14 days ago
Center 100%
2 center
Coverage is primarily from centrist outlets (100%). When a story is mostly covered by the center, it is typically treated as a factual news item rather than an ideologically charged one.
What all sources covered
- Strike has introduced “volatility-proof” Bitcoin loans designed to safeguard against liquidation.
- The loans carry an interest rate of up to 14.2% and require borrowers to make timely payments.
- In certain circumstances, if borrowers miss a payment and do not pay within a grace period, partial liquidation of collateral may occur.
- The initiative aims to mitigate risks associated with the current bear market for Bitcoin.
2 sources
Who reported first
The BlockFirst
Cointelegraph+6h
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