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via Bitcoin Magazine · By Bitcoin Magazine Editorial

STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It

BTC

BTC/USDT

$62,442.52

-2.45%

$62,442.52

-2.45%

(24s)

24h Volume

$18,966,515,458.59

24h H/L

$64,445.19 / $62,272.07

Change: $2,173.12 (3.49%)

Long/Short

66.3%

Long: 66.3%Short: 33.7%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,455.20

▼ -0.80%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,767.31

Resistance 1$62,935.35

Price$62,455.20

Support 1$61,834.17

Support 2$60,268.58

Support 3$52,679.32

Pivot (PP):$62,627.31

Trend:Downtrend

RSI (14):33.8

Bitcoin Magazine Editorial

(06:04 PM UTC)

1 min read

Reviewed byEmily Watson

1220 views

0 comments

There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy’s preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% income. Backed by bitcoin. Money-market risk. 82.7% of the buyer base is retail. Every word of that pitch is wrong, and the security those buyers…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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