Aker ASA, a listed Norwegian industrial investment company, said it will invest in bitcoin (BTC) and blockchain ecosystem via its newly established subsidiary Seetee that is initially capitalized with NOK 500m (USD 58m) and "will keep all its liquid investable assets in bitcoin." (Updated at 10:01 UTC: updates throughout the entire text. Updated at 10:28…
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Bitcoin price formed a strong support base above USD 48,000 and started a fresh rally. BTC broke the USD 50,000 and USD 51,000 resistance levels. It almost tested the USD 52,000 resistance and it is currently (05:00 UTC) correcting gains. Similarly, most major altcoins are showing positive signs. ETH rallied above the USD 1,700 resistance…
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A new report from South Korea appears to show that the latest rush in bitcoin (BTC) and altcoin investment in the country is “now higher than three years ago,” and that it’s not all about the new wave of Korean “crypto moms” – younger folk are also laying down some serious capital in their investments.…
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With recent months bringing a surge in interest in bitcoin (BTC) among individual investors, a rising share of newcomers represent so-called ‘weak hands’ that might sell their crypto during the first serious price correction, according to a report by market research platform Cardify. The share of deposits from new users almost tripled between last November…
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Bitcoin (BTC) once again showed that it is indirectly correlated to macroeconomic factors that can move the stock market, and, in turn, affect the price of the most popular cryptocurrency that is often touted as an independent asset class. Bitcoin fell around 10% on March 4, from USD 51,680 to USD 46,550 in the early…
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A leading candidate for the presidency of FC Barcelona, one of the most famous football clubs in the world, claims he has negotiated a deal that would reportedly see a Hong Kong crypto exchange become the club’s main shirt sponsor in a deal worth USD 71.7 million a year. Per BeSoccer, the claims were made…
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A South Korean regulator has warned of a wrinkle in forthcoming crypto exchange-governing – just days from its promulgation. At worst, the issue could leave sensitive data about customers compromised due to a legal problem. As previously reported, a key amendment to the existing Act on Reporting and Use of Certain Financial Transaction Information will come into force…
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Bitcoin price failed to stay in the positive zone above USD 50,000. BTC extended its decline below the USD 48,000 support zone. It even tested the USD 46,200 support zone and it is currently (05:00 UTC) struggling to start a steady recovery wave. Similarly, most major altcoins are moving lower. ETH broke the USD 1,500…
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Bitcoin (BTC) exchange-traded funds (ETFs) in Canada seem to have lost their initial explosive growth, waning with other major plays in the market, but analysts argue that the interest in ETFs is still there. The Purpose Bitcoin ETF (BTCC) was launched on February 18 as North America’s first ETF, soon picking up the pace and…
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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. Crypto adoption news US-based major crypto payment services company BitPay announced the rollout of dogecoin (DOGE) payments for merchants and consumers. The Dallas Mavericks will be the first to accept dogecoin. Read more…
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