BREAKING
340d 8h ago

Solv Protocol Launches $1 Billion On-Chain Bitcoin Reserve to Propel Institutional Adoption

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

In a significant development within the cryptocurrency sector, Solv Protocol has unveiled a revolutionary on-chain Bitcoin reserve initiative, with an initial allocation set at a formidable $1 billion. This groundbreaking plan is poised for expansion, with aspirations to establish the largest on-chain Bitcoin reserve in the industry. The renewed interest in Bitcoin from the Trump administration underscores a shift towards regulatory compliance and increased institutional adoption of cryptocurrencies. By pioneering these on-chain Bitcoin reserves, Solv Protocol not only positions itself as a leader in this growing segment but also enhances the securitization framework for on-chain BTC assets. This move is expected to catalyze further growth and stability within the on-chain ecosystem, fostering an environment ripe for widespread crypto investment.

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