An associative picture. A cow has been bought with bitcoin (BTC) for the first time in Montenegro, and possibly the entire Balkans, according to the local agricultural site Seljak.me Savjetuje (‘Farmer Advises Me’). It’s quite common for the Balkans area’s farm folk, and possibly Slavs in general, to name their female livestock, particularly cows, according…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news US-based business intelligence company MicroStrategy bought additional BTC 262 for around USD 10.5m in cash at an average price of USD 57,146 per coin. Per CEO Michael Saylor, as of March…
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It has been a year since the infamous Black Thursday (USA time) / Black Friday (UTC time) – one of the "droppiest" events in Bitcoin (BTC)’s, Ethereum (ETH)’s, and altcoins’ history. And the world’s first crypto has come a long way since. On the night (UTC time) from Thursday, March 12, to Friday, March 13,…
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The crypto exchange giant Binance has come good on claims last year that it was poised to join the payments sector, moving its Binance Pay platform out of beta and into the full rollout. Following a similar move from rival crypto trading platform Bitfinex earlier this month, Binance wrote, in a blog post that its…
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Bitcoin price is following a bullish path above the USD 55,000 pivot level. BTC even broke the USD 58,000 resistance before correcting lower. It is currently (05:00 UTC) trading above USD 56,000 and it might continue higher towards USD 60,000. Besides, most major altcoins are holding important supports. ETH moved back above the USD 1,800…
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The logo of the KakaoTalk chat app. The South Korean chat app operator Kakao says some 0.75 million, or more than 1% of its users are now using its chat app-linked crypto wallet that was launched in June 2020. Per a report from TechM, the service is firmly “en route to the 1 million-user mark,”…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Economy news The European Central Bank said it will continue to conduct net asset purchases under the pandemic emergency purchase program with a total envelope of USD 1.85trn until at least the end…
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Gold is failing as a hedge against inflation, according to Russ Koesterich, Global Chief Investment Strategist of the world’s largest asset manager, BlackRock, who last year said that gold is "still a buy." Gold’s efficacy as a hedge is declining, said Koesterich in his blog post. While "gold and tech [stocks] are increasingly moving in…
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BlockFi co-founders: Flori Marquez and Zac Prince The US-based major financial services company focused on cryptoassets, BlockFi, was valued at USD 3bn following its recent USD 350m Series D fundraising round. It was led by new investors including Bain Capital Ventures, partners of DST Global, Pomp Investments and Tiger Global, the company said. This round…
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Bitcoin price remains in a bullish zone and it recently climbed above the USD 56,000 and USD 57,000 levels. BTC traded close to USD 57,500 before correcting lower. It is currently (05:00 UTC) showing positive signs around USD 55,500 and it might continue higher above USD 56,500. Besides, most major altcoins are seemingly preparing for…
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