[ad_1] The “Kimchi premium” is back. Bitcoin (BTC) is trading by more than 6% higher across major South Korean crypto exchanges as of March 29. Data from CryptoQuant show that the premium in the South Korean market was non-existent for many months and, in fact, dropped to around -6% in early February 2021 when BTC … Read more
[ad_1] Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment services provider to … Read more
[ad_1] The U.S. Securities and Exchange Commission (SEC) attempts to stop XRP holders from joining the on-going lawsuit as third parties. In a letter to Judge Analisa Torres, the SEC’s Senior Trial Attorney Jorge Tenreiro argued that XRP holders had not clarified their actions. What’s more, Tenreiro states consolidation/coordination of claims is statute-barred without the … Read more
[ad_1] Bitcoin prices rose aggressively heading into the European session Monday, breaking above $58,000 as traders pinned their hopes on another all-time high milestone ahead. The benchmark cryptocurrency was changing hands for $58,146 at 10:18 UTC, up 4.25 percent from its intraday open. A record expiry of $6 billion worth of options contracts on Friday … Read more
[ad_1] The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional services network PwC. The total volume of mergers and acquisitions in the crypto industry more than doubled from $481 million in 2019 to $1.1 billion in2020, PwC said in a Monday … Read more
[ad_1] FireProtocol, a next-generation protocol known for being the first infrastructure to use Huobi Eco Chain, has decided to migrate its DeFi products over to Polkadot to allow for better scalability and long-term growth. The decision comes as FireProtocol has already enjoyed a great year in terms of market adoption and continues to grow its … Read more