BREAKING
176d 19h ago

Amdax Launches AMBTS: Aiming to Hold 1% of Global Bitcoin on Amsterdam Market

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On August 18th, COINOTAG News reported that Amdax, a prominent Dutch cryptocurrency service provider, has embarked on a significant initiative by forming AMBTS B.V. This new entity aims to be recognized as a Bitcoin treasury company and has set its sights on listing on the Amsterdam Market, a notable pan-European securities trading platform. The strategic vision for AMBTS is ambitious: to accumulate a substantial cryptocurrency reserve, targeting 1% of the global Bitcoin supply over the long term. This move underscores Amdax’s commitment to enhancing its market position and fostering institutional adoption of Bitcoin. By implementing a structured approach to treasury management, AMBTS is positioned to play a vital role in shaping the landscape of cryptocurrency investments in Europe, potentially attracting a new wave of institutional interest in digital assets.

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