Crypto News·
Strive CEO Matt Cole said STRC and SATA’s sharp drops reflected forced leverage selling, not weaker credit quality, as both rebounded.
Read full articleThe recent liquidation highlights the inherent risks of high leverage in crypto trading, urging investors to adopt more cautious strategies. The post Over $361M in longs wiped out in 24 hours as crypto leverage gets a reality check appeared first on Crypto Briefing.
Call it a startup with a sole founder and a very large seed round, but what's next is less clear.
The rapid recovery highlights the digital credit market's resilience but underscores the volatility and risks associated with leveraged investments. The post Strive CEO calls digital credit’s day of liquidation most difficult in history with STRC falling to $82.50 appeared first on Crypto Briefing.
According to Cole, strong collateral can sometimes encourage excessive risk-taking instead of preventing it.
In crypto news today (June 19), Bitcoin has fallen another -2% overnight, dropping below $64,000, with ETF flows bleeding once more, while Michael Saylor’s STRC stock continues to crash, fueling fears that Strategy will be forced to dump Bitcoin to stabilize the STRC price. Liquidations have picked up, with over $452M over the past 24-hours.. The post Crypto News Today (June 19): BTC Crashes Below $64K, Kalshi IPO Rumors Begin and G7 Leaders Target North Korean Crypto Hackers appeared first on 99Bitcoins.
STRC, Strategy Inc.’s variable-rate preferred stock built to hover near $100, instead flirted with the basement Thursday, printing a fresh intraday low near $82.53 before clawing back to close at $88.59. Why STRC’s Wild Session Matters to Bitcoin Treasury Bulls The move was not some polite tremor in the market’s teacup. STRC traded more than […]
STRC falls to $85.32 as traders compare its 11.5% dividend with SATA’s 13.9% yield and Strategy’s Bitcoin reserve. Strategy STRC preferred stock fell to $85.32, marking its lowest reported level since launch. The drop placed the security well below its $100 par value. The move has raised questions about whether the market is simply repricing […] The post This STRC Depeg May Be Exactly What Was Supposed to Happen appeared first on Live Bitcoin News.
Strategy's halted capital-raising impacts Bitcoin market dynamics, potentially increasing volatility and affecting investor confidence. The post Strategy’s preferred stock STRC trades below $90 as volume spikes appeared first on Crypto Briefing.
