Community Articles

via Cointelegraph · By Cointelegraph Staff

French Company Abandons Crypto Treasury Strategy, Will Liquidate Bitcoin Holdings

BTC

BTC/USDT

$63,954.80

+0.39%

$63,954.80

+0.39%

(24s)

24h Volume

$18,195,534,880.70

24h H/L

$65,622.83 / $63,270.00

Change: $2,352.83 (3.72%)

Long/Short

63.3%

Long: 63.3%Short: 36.6%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,234.00

▲ 1.46%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,780.64

Resistance 1$64,699.58

Price$64,234.00

Support 1$63,246.13

Support 2$61,834.89

Support 3$59,130.91

Pivot (PP):$64,389.61

Trend:Downtrend

RSI (14):41.8

Cointelegraph Staff

(05:22 PM UTC)

1 min read

Approved byDavid Kim

1188 views

0 comments

The France-based semiconductor company that announced a move into crypto is “no longer pursuing” a treasury strategy after less than a year.

In a Thursday notice, Sequans Communications said it held 658 Bitcoin (BTC) worth about $48 million at the time of publication, which it said was “fully unencumbered” and unrestricted as it looks to refocus solely on Internet of Things (IoT) semiconductor…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments