Block: Applies for Bitcoin Custody Bank Charter
Block Inc seeks OCC bank charter for Bitcoin custody as BTC trades at $79486 with bullish EMA confluence on 4h chart.
SourceAnalysis
Block Inc filed for a national bank charter to custody Bitcoin under Jack Dorsey leadership, advancing institutional infrastructure for digital assets.
Price holds a bullish structure above the EMA50 at $78977 while the EMA200 at $73978 anchors deeper support; MACD golden cross at -135.54 reinforces momentum even as RSI sits neutral at 54.01 inside the Bollinger band, with upper resistance at $80360.93 capping near-term extension before any pullback to the 50-EMA.
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