There were additional gains in bitcoin price above the USD 38,500 resistance. BTC even broke USD 40,000, traded to a new all-time high near USD 40,400 before correcting lower. It traded towards the USD 36,500 support and it is currently (05:00 UTC) recovering above USD 38,000. Similarly, there was a downside correction in most major…
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The deal to acquire a controlling stake in Bithumb, South Korea’s market-leading crypto exchange, is not yet done – with another gaming giant wading into what could develop into a bidding war for the trading platform. Per ZDNet Korea, NCSoft, a South Korean video game developer known for its Lineage series of gaming titles, has…
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More mainstream South Korean financial companies are taking the crypto plunge, with Shinhan Bank, one of the biggest commercial banks in the country, making a move into the crypto custody industry with a strategic equity investment in the Korea Digital Asset Trust (KDAC). The KDAC is a joint-venture custody company that was established by the…
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Source: Adobe/Fox_Dsign It took 17 days for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 20,000 to USD 30,000, and less than a week to hit USD 40,000. At the time of writing (18:16 UTC) it reached this level on multiple exchanges, such as Binance, Bitstamp, and HitBTC. After reaching this milestone today,…
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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. Adoptions news Bitcoin (BTC) has outperformed Ethereum (ETH) in terms of the daily transferred value, reaching USD 14.58bn per day, compared to Ethereum’s USD 13.96 per day, according to the data provided by…
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The owner of Nexon, the South Korean gaming giant and the owner of the Bitstamp and Korbit crypto exchanges, has reportedly agreed on a deal worth USD 458m to buy a controlling stake in Bithumb, the nation’s market-leading trading platform. Bithumb has been looking for a sale for several months after a failed takeover and…
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There was a fresh increase in bitcoin price above the USD 37,500 and USD 37,750 levels. BTC even cleared the USD 38,000 level and traded to a new all-time high. The price is currently (13:00 UTC) showing signs of upside continuation and it could rise further to USD 39,500 or USD 40,000. Similarly, there were…
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The ElectroRAT malware has been attempting to steal cryptoassets, including bitcoin (BTC), litecoin (LTC), ethereum (ETH), and monero (XMR), among others, from thousands of victims for the past year, according to a researcher at the New York-based cybersecurity company Intezer Labs. Intezer estimates the campaign has infected thousands of victims, “based on the Read more…
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Jack Mallers. Source: Twitter/@JackMallers Strike, a popular bitcoin (BTC) banking service by US-based Bitcoin Lightning startup Zap, aims to have their Strike Cards rolled out in countries on two continents in the first half of 2021. Per the rollout plan as presented by Zap founder Jack Mallers, Strike will be issuing the Strike Card in…
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After a fresh bullish breakout above USD 35,000, bitcoin price started a fresh rally. BTC broke the USD 36,000 resistance and extended its rally above USD 37,000. It traded to a new all-time high close to USD 37,700 and it is currently (05:00 UTC) consolidating above USD 37,000. Similarly, there was a strong upward move…
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