Nexon in Acquisition Spree: It Prepares to Buy Bithumb Exchange
It is believed that the acquisition of Bithumb by Nexon may greatly contribute to the creation of a positive image around the platform in particular and the industry in general.
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It is believed that the acquisition of Bithumb by Nexon may greatly contribute to the creation of a positive image around the platform in particular and the industry in general.
While being projected to grow further, the much-celebrated Bitcoin price at $40,000 may be the coin’s long-term support level on its way to new peaks in the future.
Despite its short-term volatility Bitcoin has demonstrated a long-term bullish trend. As of early January 2021, if you had bought Bitcoin at any point in the years prior and held until today, you would now be in profit.
Having hit a new all-time high of $38,280, Bitcoin is now trading at around $37,950 showing a growth of more than 8% in the past 24 hours.
The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.
Injective Protocol has introduced cutting-edge technology that would allow their traders to be able to trade forex futures on their decentralized platform.
However, the total number of Ethereum locked up in DeFi plunged from 9.4 million ETH in mid-late October to the current 6.8 million ETH locked up at the time of writing.
ETHE shares started to plummet on December 24, when it lost over 18% within 24 hours while Ether had seen a drop of just 3% within the same period.
Raoul Pal previously said that Bitcoin is slowly eating the world as observed with the banking system.
Riot Blockchain reported that the mining revenue had increased by 21% to $6.7 million for the first nine months of 2020.
The UK-based investment giant has stated that it plans to redeem its Series C stock as per the “contractual right”. Thus, it asks regulators to prevent Ripple from using its cash or other liquid assets until it clears the dues. Ripple says the lawsuit by Tetragon holds no merit.
The attorney generals of the seven states have accused the OCC of overstepping its authority and preempting the state laws. They note that the “True Lending” rule will allow banking lenders to bypass state interest rates.
Bitcoin price new ATH has coincided with an announcement from the US federal regulator, Office of the Comptroller of the Currency (OCC), that indicated that banks can use stablecoins and public blockchains to conduct payments and other activities.
It is said that for the average person in Sweden the introduction of the e-Krona would make payments “as easy as sending a text”.
DLC Fund-authorized participant Genesis Global Trading announced that all XRP transactions would be suspended on January 15, 2021.