Bitcoin (BTC) Consolidates After Hitting $86K As States Eye Strategic Reserves

On 13 April, the bitcoin exceeded $86,000 before diving under the 84,000, without any macroeconomic alert or exogenous factor. This abrupt reversal is due to an unprecedented imbalance in the liquidations: $52 million in long positions compared to only $15 million in short positions, or a gap of 346%. This anomaly reveals a structural tension linked to the leverage effect, where excessive speculative optimism makes the markets particularly sensi…

Swedish Lawmaker Pushes to Add Bitcoin to Sweden’s National Reserves

Following reports from Crypto News Flash, back in 2024, Norway and Switzerland’s central banks significantly increased their stakes in MicroStrategy, gaining indirect Bitcoin exposure. At the moment, particularly, Sweden may soon join the growing list of countries exploring Bitcoin-backed national reserves following a formal proposal by Swedish Member of Parliament Rickard Nordin. A Push for Digital Resilience In a letter dated April 8 to Financ…

Swedish Lawmaker Proposes Bitcoin Strategic Reserve, Citing Inflation Hedge, Global Use

A Swedish Member of Parliament, Rickard Nordin, has formally called on the government to consider adding Bitcoin (BTC) to the nation's foreign currency reserves. In a written inquiry submitted to Finance Minister Elisabeth Svantesson last week, Nordin argued that Bitcoin's inherent properties, akin to gold, coupled with its increasing global usage, make it a viable tool to combat inflation and navigate global economic shifts.  Referencing the gr…

Bitcoin Stalls At $86,000 And Pulls Back

The price of Bitcoin (BTC) has been on the rise after rising above the moving average lines.

🚀 $BTC flirting with $84K again... \ stacker news ~oracle

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U.S. Pursues Strategic Bitcoin Reserve Amid Rising Prices - Blockchain & Cryptocurrencies Tabloid

Bo Hines urges U.S. Bitcoin accumulation for strategic reserve, impacting markets. The post U.S. Pursues Strategic Bitcoin Reserve Amid Rising Prices appeared first on Blockchain & Cryptocurrencies Tabloid.