Xapo Bank Opens BTC Credit Fund to All Qualified Members Following Successful $100M Pilot
Xapo Bank Expands Access: Xapo Bank is opening its BTC Credit Fund to all eligible members after a successful pilot phase that raised $100 million, aiming to provide regulated wealth-management tools for long-term Bitcoin holders.
Conservative Lending Approach: The BTC Credit Fund allows members to earn 4%-5% annual returns by lending Bitcoin to vetted institutions, emphasizing a conservative strategy without fund-level leverage, in contrast to high-risk lending practices seen in other crypto firms.
Regulatory Approval and Eligibility: Following regulatory approval in Gibraltar, the fund is now accessible to members who meet specific eligibility criteria, reinforcing Xapo's commitment to a regulated digital-wealth ecosystem for Bitcoin holders.
Comprehensive Bitcoin Financial Services: Xapo Bank is enhancing its offerings with a range of Bitcoin-based financial products, including a Bitcoin Savings Account, Bitcoin-Backed USD Loans, and a Global Debit Card, positioning itself as a secure and compliance-focused player in the crypto sector.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36103.034 | 48051.517 | 60373.054 | 72321.537 | 84643.074 | 96591.557 | 108913.094 |
| Fibonacci | 48051.517 | 57322.665 | 63050.389 | 72321.537 | 81592.685 | 87320.409 | 96591.557 |
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