BREAKING
337d 17h ago

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

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

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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