Financial Insights That Matter
Asset manager REX Shares announced on Friday the launch of its Bitcoin Corporate Treasury Convertible Bond (BMAX) exchange-traded fund (ETF). The fund aims to grant exposure to convertible bonds issued by companies to purchase Bitcoin.
Donald Trump-backed World Liberty Financial (WLFI) denied reports on Friday that it’s exploring a deal with the United States (US) arm of Binance exchange that involves owning a stake in the company.
Bitcoin price remained constrained within a tight 8% channel between $76,000 and $84,472 this week. With conflicting market catalysts preventing prolonged directional swings, here are key factors that moved BTC prices this week, as well as key indicators to watch in the weeks ahead.
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