Over 30% of South Koreans invest in crypto assets
South Korea’s crypto user base surged to 15.59 million in November, surpassing 30% of the population.
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Bitcoin Stuck Hovering Around $11,700, Major Altcoins See Red
Thursday, Aug. 8 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are all seeing minor losses at press time. Market visualization. Source: Coin360Bitcoin is trading a little over $11,700 with a 0.2% loss on the day. The top cryptocurrency shot up over the weekend to break $11,000, and seemed to have some momentum moving into…
Bitcoin Subreddit Subscribers Surge Following Crypto’s Summer Bull Run
The Bitcoin (BTC) subreddit has seen a remarkable increase in its number of subscribers since the cryptocurrency’s price spike last summer.Cypherpunk and proclaimed Bitcoin maximalist Jameson Lopp posted a tweet on Dec. 23, saying “the rate of new subscribers to the /r/bitcoin subreddit accelerated after the exchange rate jumped this summer. It grew in size…
Nigeria and South East Asia led global crypto adoption in 2020
Statista has found that one-in-three Nigerians held or used crypto assets during 2020. 4757 Total views 18 Total shares Data published by statistics firm Statista has revealed Nigeria is the leading country per capita for Bitcoin and cryptocurrency adoption, with nearly one in three survey respondents indicating they used or owned crypto assets in 2020.According…
Coincidence? Company stocks rise after they buy Bitcoin as a reserve
It seems to be the season of giving, and Bitcoin is doing just that, at least for its institutional backers, such as MicroStrategy, Galaxy Digital, Square and Marathon Patent Group, which got in somewhat early on the BTC gravy train.In this regard, PayPal revealed on Feb. 4 that its fourth-quarter profits for the year 2020…
Stocks of Bitcoin: JPMorgan offers BTC exposure, an ETF in sheep’s clothing
Cryptocurrency adoption has been penetrating the mainstream at an exponential rate. While most investors are going straight into buying the likes of Bitcoin (BTC) and Ether (ETH), a few skeptical investors want to invest in the cryptocurrency economy without exposure to tokens’ volatility directly. This volatility is evident in the recent all-time high Bitcoin of around…
US Citizen Indicted for Narcotics Distribution in Exchange for Bitcoin
A United States citizen has been charged with heroin and methamphetamine distribution in exchange for Bitcoin (BTC).According to a Jan. 3 press release published by the U.S. Attorney’s Office for the Eastern District of New York, Joanna De Alba allegedly promoted and sold illegal narcotics on a dark web marketplace dubbed the “Wall Street Market,”…
China’s Mining Dominance Unlikely to Last: Lopp
With more chips produced outside of Asia and more countries offering cheaper power, China’s mining dominance may not last said Jameson Lopp. 944 Total views 11 Total shares China’s dominance in Bitcoin mining may not last as more mining chips are produced and other countries offer cheap power sources, said cypherpunk Jameson Lopp in a…
Rumble shares rise 9% as founder mulls scooping up Bitcoin
Rumble shares soared after the bell as its CEO Chris Pavlovski said he’s considering adding Bitcoin to the video streaming firm’s balance sheet.