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LAB token crashes 90% amid manipulation fears; Strike launches volatility-proof bitcoin loans.

Market News
12 Jul 2026
Bitcoin
View Source
Bearish
pluang ai news

The LAB token plummeted 90% in just 48 hours, wiping out billions in market value and sparking concerns over insider manipulation and control. Meanwhile, Strike introduced a new bitcoin-backed loan product designed to avoid liquidations triggered by price swings, aiming to offer more stability for borrowers. Other notable events include Sony Bank receiving OCC approval for a stablecoin trust, and former President Trump fueling crypto speculation with his new Trump Accounts. These developments highlight ongoing volatility and innovation in the crypto space.

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