Over $361M in longs wiped out in 24 hours as crypto leverage gets a reality check

The disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.

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.

Strive CEO Matt Cole said STRC and SATA’s sharp drops reflected forced leverage selling, not weaker credit quality, as both rebounded.

U.S. spot SOL ETFs show $861M AUM and $1.127B cumulative inflows even as SOL slipped below $65 in June. We unpack flows, leverage, and structure effects.

The Bank of England's rate hold reflects cautious economic monitoring amid geopolitical tensions, impacting inflation expectations and market dynamics. The post Bank of England holds rates at 3.75%, keeping investors guessing on what comes next appeared first on Crypto Briefing.

Frequent liquidation events may erode market confidence, delaying recovery and potentially leading to volatile cycles of short squeezes. The post Bitcoin sees $180M in long liquidations in a single hour as leverage unwinds violently appeared first on Crypto Briefing.

Everyday investors that own Strategy’s STRC have been drawn to double-digit yields, but the preferred stock’s volatility has shaken some.