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
Trader Opens $42.7M Bitcoin Long Position with 30x Leverage as BTC Hits $71,000
Gate News bot message, Bitcoin returned to $71,000. Trader 0x004E opened a 30x long position on 600 BTC ($42.7M) in the past 20 minutes at an entry price of $70,235.8. The trader has unrealized profit of $570K. The liquidation price is $66,942.69.
GateNews44m ago
QCP: Bitcoin remains resilient amid the Hormuz crisis, while AI and tech industries come under pressure
The closure of the Strait of Hormuz has led to rising energy prices, with Brent crude reaching $83 and natural gas up 50%. The South Korean stock index KOSPI fell 20% due to the impact. Bitcoin performed strongly, possibly indicating a shift in risk appetite. The market expects continued volatility, with all parties pressuring Iran to open the strait.
GateNews46m ago
BTC Breaks Through 71,000 USDT
Gate News bot message, Gate market display, BTC breaks through 71,000 USDT, current price 71,050.1 USDT.
CryptoRadar57m ago