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MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes MARA Holding, listed as MARA on Nasdaq, stated that the funds will go toward acquiring bitcoin (BTC), refinancing existing debt, and other general corporate needs. Announced Friday, the issuance was finalized on Nov. 20, 2024, and included $150 million in extra notes offered through an optional provision for initial investors. MARA disclosed that these notes were sold privately to qualified...
German Government Has $1.5 Billion in Bitcoin Left to Sell
By Mark Hunter 1 month agoTue Jul 09 2024 07:55:56 Reading Time: 2 minutes The German government has recently sold another $900 million in Bitcoin, causing the price to drop to $55,000 Arkham Intelligence revealed that German government-labeled wallets recently moved 16,300 bitcoins to exchanges like Bitstamp, Kraken, and Coinbase Despite the recent sales, the German government has still holds more than 23,700 bitcoins The German government recently sold another $900 million in Bitcoin , helping drop the price to $55,000, but it still has another $1.5 billion worth left. Arkham Intelligence revealed that Bitcoin wallets labeled as belonging to...
USD/CHF Price Forecast: Appreciates toward nine-day EMA near 0.8850
USD/CHF attempts to break above the 14-day EMA at the 0.8832 level. The daily chart analysis indicates a sustained bullish bias, with the pair trending higher within an ascending channel pattern. The pair may navigate the support region around the ascending channel’s lower boundary at 0.8750 level. The USD/CHF pair retraces recent losses from the previous session, trading around 0.8830 during the Asian hours on Thursday. An analysis of the daily chart suggests an ongoing bullish bias as the pair moves upwards within the ascending channel pattern. The 14-day Relative Strength Index (RSI) is slightly above 50 level, indicating a...