Another two major commercial South Korean banks have expressed an interest in launching crypto custody services – but industry experts said they may be making their moves too late, and are lagging behind the American banks. As previously reported, two other commercial banks – Nonghyup and Kookmin – have already thrown their hats into the…
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Bitcoin price remained well bid above the USD 11,100 and USD 11,200 levels. Recently, BTC recovered above USD 11,350, but it is struggling to gain strength above USD 11,500. The price is currently (08:30 UTC) consolidating near USD 11,500 and it might correct lower again. Similarly, many major altcoins are stuck below key hurdles, including…
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Source: a screenshot, Instagram/Coinbase As major US-based crypto exchange and wallet provider Coinbase announced its plans to launch lending services in the US this fall, how they compare to what other industry players are already offering? At this stage, details are scarce, however, the company revealed that their users will be able to borrow using…
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This week marks the 10th anniversary of an event that illustrates just how far Bitcoin (BTC) has come in a decade – and some of the potential perils that crypto holders need to remain aware of. On August 10, 2010, a BitcoinTalk forum user bought BTC 9,000, worth about USD 600 at the time. But…
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Following a crash in both gold and bitcoin (BTC) prices yesterday that sent the much-discussed gold-to-bitcoin correlation even higher, the discussion is now on about what caused the sell-off, and whether a Russian COVID-19 vaccine could potentially be hurting the price of both assets. At the time of writing (09:39 UTC), bitcoin was still down…
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Despite high volatility, traditional investors with a 60/40 stock and bond portfolio should allocate 4% of their portfolios to bitcoin (BTC), as the asset is “beginning to mature as a store of value,” according to an investment strategist at digital asset management firm CoinShares. In a interview with Bloomberg Radio, James Butterfill said that an…
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Taylor Monahan. Source: a video screenshot, Youtube/IDEO CoLab Crypto bull runs present a unique opportunity for investors – as well as no shortage of potentially crippling pitfalls. And although there are almost as many theories on how to maximize the benefits of a bull run as there are experts – one has produced a Twitter…
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More and more big South Korean companies are registering trademarks for crypto exchanges, wallets and other crypto-related services in an attempt to "prepare for the upcoming era of crypto asset-powered finance," per a new report. According to Chosun, recent moves from conglomerate GS, credit card services provider Korea Information & Communications Read more »Pay, Trade,…
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If you are lost in the world of crypto, or are a newbie looking to make your first bitcoin (BTC) trade, have no fear – the Argentinian government is ready to take your through your first steps into the Cryptoverse while the inflation rate in the country is still one of the highest in the…
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Source: Adobe/Prostock-studio US-based major business intelligence company MicroStrategy said it has purchased BTC 21,454 at an aggregate price of USD 250m, inclusive of fees and expenses. “Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” Michael J. Saylor, CEO of MicroStrategy, was quoted…
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