Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout

BTC

BTC/USDT

$74,842.50

+7.98%

$74,842.50

+7.98%

(24s)

24h Volume

$38,807,118,646.64

24h H/L

$75,785.82 / $69,234.00

Change: $6,551.82 (9.46%)

Long/Short

52.4%

Long: 52.4%Short: 47.6%

Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$74,435.63

▲ 1.93%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$75,785.82

Price$74,435.63

Support 1$73,674.39

Support 2$71,775.79

Support 3$70,580.26

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):82.2

Decrypt Editorial

(04:12 PM UTC)

1 min read

Tether has acquired SoftBank’s stake in Twenty One Capital (XXI), completely removing the Japanese tech giant from the venture.
Shares that SoftBank purchased for nearly $1 billion last year were valued around $711 million on Wednesday.
SoftBank’s departure forced the immediate resignation of its board designees, leaving XXI temporarily non-compliant with NYSE rules.

Tether signaled on…