Saylor Launches STRC Digital Credit Strategy on Bitcoin
MicroStrategy's founder Michael Saylor has launched a new digital credit strategy built on Bitcoin. The STRC token is part of this strategy, which aims to open up new possibilities in finance.
The news comes as Bitcoin trades at $48,111.65 above the EMA50 support level of $41,199.29. However, the MACD death cross signals a fading momentum, indicating that Bitcoin may need to test lower Bollinger support near $31,777.64 before any sustained move higher.