Why is Bitcoin price up today?


Bitcoin (BTC) is up 5% over the past 24 hours, rallying from a new local low at $76,450 to a high of $83,786 on March 12. On the weekly chart, BTC’s price retested its 50-weekly exponential moving average, or 50W-EMA indicator (blue line), as support.Bitcoin 1-week chart. Source:...

Metaplanet Borrows $13.5 Million (¥2 Billion) to Buy More Bitcoin


Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will...

America must back pro-stablecoin laws, reject CBDCs — US Rep. Emmer


US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values.On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act in the House...

America must back pro-stablecoin laws, reject CBDCs — US Rep. Emmer


US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values.On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act in the House...

America must back pro-stablecoin laws, reject CBDCs — US Rep. Emmer


US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values.On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act in the House...

Market Makers Accused of Helping Investors Bypass Locked Token Arrangements


Venture capital firms and angel investors are reportedly circumventing lock-up periods for crypto tokens by using market-making firms to trade them off-market. Constructing ‘Two-Sided Books’ Some venture capital (VC) firms and angel investors reportedly have devised methods enabling...

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