“Bitcoin got a little bit too stretched to the downside,” said Mike McGlone, a senior strategist at Bloomberg Intelligence. “And now it’s going back to the trend, the middle of the range, basically around $50,000; $30,000 is very good support.”
OpenDelta Raises $2.5M to Build Bitcoin-Based Stablecoin Using Runes
OpenDelta’s flagship token, USDO, will retain its dollar value by hedging bitcoin (BTC) deposited by users as collateral. The token...