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Major U.S. Banks Offer Bitcoin-Backed Loans at 65–70% LTV

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Bitcoin news broke this week as JPMorgan and Bank of America began offering 65–70% LTV loans against Bitcoin collateral. Companies can now borrow dollars without triggering a taxable event, using funds to buy more Bitcoin. Banks earn 2–4% annual interest on a $60 billion Bitcoin-backed credit pool. Bitcoin analysis shows growing institutional interest, with banks forming crypto partnerships and adapting to regulatory changes.
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