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via Cointelegraph · By Cointelegraph Staff

Tether Buys SoftBank Stake in Twenty One Capital, Expands Bitcoin Strategy

BTC

BTC/USDT

$62,726.01

-2.06%

$62,726.01

-2.06%

(24s)

24h Volume

$18,320,341,932.28

24h H/L

$64,095.55 / $61,938.00

Change: $2,157.55 (3.48%)

Long/Short

67.2%

Long: 67.2%Short: 32.8%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,672.00

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,241.09

Resistance 1$62,814.54

Price$62,672.00

Support 1$61,912.81

Support 2$60,603.05

Support 3$59,130.91

Pivot (PP):$62,799.18

Trend:Downtrend

RSI (14):37.2

Cointelegraph Staff

(05:33 PM UTC)

1 min read

Approved byEmily Watson

684 views

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Tether has acquired SoftBank Group’s stake in Twenty One Capital, the Bitcoin treasury company that is expanding into lending, mining and capital markets services, in a move that gives the stablecoin issuer greater control over one of the largest publicly traded Bitcoin holders.

In an announcement on Wednesday, Tether said it purchased SoftBank’s roughly 26% stake for an undisclosed amount.…

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.

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Cointelegraph Staff · Cointelegraph

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