ChainCatcher News: Bitcoin payment app Strike announced on X platform the official launch of Bitcoin-backed credit line services. Users can borrow fiat currency in real-time for lightning payments or bill payments without selling Bitcoin to access cash liquidity. Currently, the service supports low-threshold lending, initially launching in Georgia and Massachusetts, with plans to expand to more states across the U.S.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Arthur Hayes Warns US-Iran War Could Trigger Fed Money Printing, Outlines Bitcoin Stance
BitMEX co-founder Arthur Hayes has warned that rising oil prices from the US-Iran conflict could force the Federal Reserve to resume money printing, historically a bullish catalyst for Bitcoin, while simultaneously revealing that he currently holds zero Bitcoin in his portfolio, maintaining a 50 percent cash and 50 percent gold allocation.
CryptopulseElite15m ago
Bitwise CIO: The altcoin season is over, and the future will enter a "non-traditional" cycle
Bitwise Chief Investment Officer Matt Hougan believes that the future of altcoin seasons will no longer be common, and only assets with real applications and growth momentum will profit. He pointed out that the market will become more differentiated, with investor attention focusing on Bitcoin, and mentions of altcoins dropping to a two-year low.
GateNews47m ago
Data: The number of non-zero Bitcoin wallets reaches a new high, and the exchange BTC supply drops to the lowest level since 2017.
PANews March 6 News, according to Cointelegraph, Santiment data shows that the number of non-zero Bitcoin wallets has reached a record high, while the Bitcoin supply on exchanges has dropped to the lowest level since December 2017. This trend indicates that Bitcoin adoption is increasing, with more investors choosing to store assets in offline wallets.
GateNews54m ago
The whale "pension-usdt.eth" short position of 1000 BTC narrows its unrealized loss to $2.2 million
ChainCatcher Message: According to HyperInsight monitoring, the large whale "pension-usdt.eth" is currently shorting 1,000 BTC with 3x leverage, with an average entry price of $68,182.7, and a current unrealized loss of $2.2 million.
GateNews55m ago
Analyst says Bitcoin is still in a deep bear market zone, with BTC quickly retreating after rebounding to $74,000.
Bitcoin recently experienced a brief rebound to $74,000, but analysts believe this is only a temporary correction within the bear market. Market indicators still show that it remains in a deep bear market, and although some on-chain data suggest capital is flowing back, market momentum is unstable and may remain volatile in the short term.
GateNews57m ago