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Two More Major South Korean Banks Keen on Crypto Custody


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...

Crypto Pro Portfolio Tracker Gets a Major Update


Crypto Pro app has extended its Apple device support and is now available on Mac, iPhone, iPad, and Apple Watch. What is Crypto Pro? Crypto Pro tracks cryptocurrency prices in real-time and displays interactive charts with indicators. Users can also read the latest crypto news, set custom price...

Bitcoin Just Got USD 250m Endorsement From Major US Company


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...

Another Major S Korean Bank Now Set to Join Bitcoin Custody Race


Kookmin Bank (KB), one of South Korea’s biggest commercial banks, could be set to move into crypto sector business after the KB Group, the company that operates the bank, signed a “digital assets” cooperation deal with three major domestic blockchain firms. And it looks as though KB could...

Bitcoin Breaks Higher, Outperforms Major Altcoins


Bitcoin (BTC) is leading the rally higher today on what has been a strong day for the broader crypto market so far, with the uptrend for ethereum (ETH) also holding up despite a mixed picture among other altcoins. As noted in yesterday’s market watch, a daily close above the USD 11,500 level...

Bitcoin and Altcoins Continue to Fail Near Major Range Highs


Bitcoin price is holding the USD 11,000 and USD 11,050 support levels. BTC is currently (08:30 UTC) trading above USD 11,200, but it is facing many hurdles near USD 11,400 and USD 11,450. A clear break above USD 11,400, followed by a close above USD 11,500 could open the doors for more...

Major Chinese Banks Bar Customers From Buying Gold, Precious Metals


Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...

Augur Launches its Second Version with Host of Major Integrations


After years in the making, decentralized, peer-to-peer (p2p) oracle and prediction market protocol Augur launched its long-awaited second iteration. "The Augur v2 protocol contracts have been successfully deployed to the Ethereum Mainnet," said the announcement, with the contracts...

Bitcoin, Ethereum and Major Altcoins Target Additional Gains


Bitcoin price started a downside correction after tagging the USD 11,400 level. BTC remained well bid near USD 10,800 and it is currently (08:30 UTC) trading above USD 11,000. Similarly, most major altcoins are trading in a positive zone, including ethereum, XRP, litecoin, bitcoin cash, BNB,...

Bitcoin Correcting Gains, Major Altcoins Look Bullish


Bitcoin price started a strong increase above the USD 10,000 level. BTC broke a crucial resistance near USD 10,500 and it even rallied above USD 11,000. The price traded to a new monthly high close to USD 11,400 and it is currently (08:30 UTC) correcting below USD 11,000. Most major altcoins also...

Following Major Losses, Another Crypto Hedge Fund Shuts Doors - Report


Cryptocurrency hedge fund Tetras Capital has allegedly decided to close its doors, after suffering significant losses. The New York-based fund known for shorting ethereum (ETH) is said to be shutting down, Coindesk reported, citing an undisclosed "person with direct knowledge of...

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