Michael Saylor’s Strategy has acquired over $500 million worth of Bitcoin as institutional interest and exchange-traded fund inflows make a comeback. Strategy acquired 6,911 Bitcoin for over $584 million between March 17 and March 23.
The Bitcoin-Dollar pair exploded 2.5% in the last session. The MACD is giving a positive signal.
Support: 83326 | Resistance: 92764
Gold prices dropped as the dollar touched an over two-week high, while investors took stock of U.S. President Donald Trump’s more cautious stance on tariffs against trading partners.
The last session saw the Gold fall 0.5% against the Dollar. The RSI is giving a positive signal.
Support: 2963.7 | Resistance: 3055.9
Wall Street’s three main indexes touched two-week highs, boosted by technology stocks on signs that the Trump administration is taking a measured approach on tariffs against its trading partners. Investors scooped up battered technology shares, as Nvidia and AMD rose.
Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its USDT stablecoin is backed at a 1:1 ratio. It comes after rising industry concerns over a potential FTX-style liquidity crisis for Tether due to its lack of third-party audits.
Gold fell 1% to end last week due to a stronger dollar and profit-taking, although lingering geopolitical and economic uncertainties, and U.S. Federal Reserve rate cut prospects kept bullion on track for a third consecutive weekly rise.
The Gold dropped 0.6% against the Dollar in the last session. According to the Stochastic-RSI, we are in an overbought market.
Support: 2951.2 | Resistance: 3095.7
Wall Street edged higher and the dollar gained ground on Friday after U.S. President Donald Trump hinted he would be flexible regarding a new round of tariffs expected to be imposed early next month. Even so, lingering economic uncertainties and churning geopolitical tension kept investors cautious.
