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Strike Launches Bitcoin Loans With No Price Liquidations

Strike Launches Bitcoin Loans With No Price Liquidations

Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…