🚨INSIGHT $BTC has climbed back over $77,000. The $75,000 support level stayed solid, so this bounce made sense. Now it’s testing the $78,000 to $80,000 resistance zone. This is the key range. If it pushes through and holds, Bitcoin could fill the CME gap upward. If it gets rejected, a bigger drop might follow.. #BTC

Brazilian publicly traded company OranjeBTC announced approval to issue bonds totaling up to 210 million Brazilian reais, 100% collateralized by Bitcoin, with the counterparty being an investment fund managed by Itaú Asset Management. The bonds are divided into two tranches, amounting to 130 million reais and 80 million reais, respectively, with principal and interest payable in a lump sum upon maturity in January 2031. The funds raised will mainly be used to purchase Bitcoin to strengthen the company's treasury strategy, with some funds also allocated to optimize capital structure, including share buybacks. It is reported that OranjeBTC is Latin America's first listed entity to adopt a Bitcoin reserve-backed strategy, currently holding a total of 3,725 BTC in its treasury.