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Crypto News Today (July 8): BTC Drops Back to $62K, Coinbase Premium Hits Record Lows, and the EU is Eyeing Even Tighter Crypto Regulation

In crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations have slowed since yesterday, dropping from over $532M to $345M, with over $240M of that figure coming from long positions, highlighting that overly optimistic bulls…

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Jack Mallers’ Strike Cuts Bitcoin Loan Terms to 6 Months to Kill Price Liquidations

Key Takeaways Jack Mallers launched Strike’s volatility-proof bitcoin loans on July 7, 2026. Volatility-proof loans cap LTV at 45% and carry a roughly 2.95% rate premium. The product excludes California, New York and Texas under Strike’s current terms. The product, called volatility-proof loans, lets borrowers keep their bitcoin in place no matter how far the…

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