Tags : Holds

Market

Bitcoin Holds $40K Support; Initial Resistance at $47K

Bitcoin (BTC) is stabilizing as buyers defended support around the $40,000-$42,000 breakout range. The cryptocurrency is oversold on intraday charts, which could encourage further upside towards the $47,000 resistance level. BTC was trading around $43,000 at press time and is roughly flat over the past 24 hours. The relative strength index (RSI) on the four-hour […]Read More

Bitcoin

Morgan Stanley holds over $36 million worth of Bitcoin (BTC)

American multinational investment bank and financial services company Morgan Stanley has been generously investing in the Grayscale Bitcoin Trust (GBTC), a recent filing with the US Securities and Exchange Commission (SEC) shows. To feed its increasing appetite for crypto, the Wall Street giant opted for a “traditional investment vehicle” that enables investors to gain exposure […]Read More

Bitcoin

MicroStrategy buys 13,005 more Bitcoin, now holds 105,000 BTC

Business analytics firm MicroStrategy has acquired 13,005 Bitcoin (BTC), CEO Michael Saylor said in a tweet today. The firm now holds over 105,000 Bitcoin in total as a result. “MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin,” tweeted Saylor, adding: “As of 6/21/21 […]Read More

Bitcoin

Miami mayor Francis Suarez holds Bitcoin and Ethereum, and he’s

Miami mayor Francis Suarez holds Bitcoin and Ethereum, he revealed during an interview with business outlet CNBC today. “I own Bitcoin and I own Ethereum,” Suarez said. He added, “I haven’t bought the dip yet but I’m planning to. I’ve just been too busy.” “I own #bitcoin and I own #ethereum,” says @FrancisSuarez. “I haven’t […]Read More

Bitcoin

Bitcoin Wipes Off Dangerous Bearish Cross After Fed Holds Rates

Key Bitcoin Takeaways Bitcoin formed a bearish cross earlier this week as it underwent a major sell-off. But the cryptocurrency counterbalanced fears of a further downside correction after the Federal Reserve’s policy update. The US central bank announced that it would keep near-zero interest rates steady. Earlier this week, a death cross formed on the […]Read More