The 200-Week Simple Moving Average (200WMA) for bitcoin BTC is approaching $50,000, currently sitting at approximately $49,223, according to Glassnode data. This is one of the very few indicators in bitcoin that has only risen over time. The 200WMA has historically provided significant support levels. During the 2015 bear market, it offered support around $200. […]
American Bitcoin Corp, a Miami-based mining company majority owned by Hut 8 (HUT) and backed by the Trump family, has raised $220 million from accredited investors, according to a filing with the U.S. Securities and Exchange Commission. The raise topped its target of $200 million, and it also accepted about $10 million worth of bitcoin […]