Why is Bitcoin price up today?
Bitcoin price is up today after MicroStrategy and Metaplanet announced plans to raise billions and increase their BTC reserves in 2025.
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South Korea’s Largest Bank Launch a Crypto Custodial Service
Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future.According to a report from local news outlet Digital Today on March 27, the bank filed a trademark application for KBDAC, referring to a proposed Digital Asset Custody subsidiary, at the end of January, 2020.KBDAC trademark application…

Acid, Bitcoin mining and a bad trip to North Korea
Ethan Lou is a journalist turned Bitcoin miner turned two-time author whose latest book, Once a Bitcoin Miner: Scandal and Turmoil in the Cryptocurrency Wild West, is a modern western recount a gloomy millennial’s rebirth in the wild west of crypto — complete with scammers, party drugs and a North Korean crypto conference.“Want to go…

Nvidia claims breakthrough on path to GPU-based quantum computing
Quantum annealing systems could impact the finance and blockchain industries in a major way.

Ethereum ‘Merge’ edging closer with final Kiln testnet launch
The Kiln testnet is the final public testing phase before the long-awaited Ethereum ‘Merge’ and the end of proof-of-work consensus. 501 Total views 9 Total shares The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces.On March…

Crypto breaks Wall Street’s ETF barrier: A watershed moment or stopgap?
But others, like Arca CEO Rayne Steinberg, had “mixed feelings” about the events. While pleased that a much-awaited crypto investment vehicle finally received regulatory approval — ending eight years of futility on the part of U.S. fund issuers — he had some misgivings about the product that finally met the approval of the SEC, specifically…

Bitcoin S&P 500 Correlation Means It Should Cost $18K, Says Analyst
Bitcoin (BTC) should cost $18,000 right now — or the S&P 500 must crash, says the analyst behind the model which predicts a BTC price of $288,000.In a series of tweets on June 17, PlanB, the creator of stock-to-flow (S2F) and stock-to-flow cross-asset (S2FX), highlighted a correlation between the largest cryptocurrency and the stock market.Bitcoin…

AAX reiterates withdrawal halt is unrelated to FTX contagion
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates. 419 Total views 10 Total shares Hong Kong-based crypto exchange AAX has reiterated that its suspension of withdrawals on the platform has nothing to do with the ongoing fallout from FTX's collapse and rumors to…

Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing
Online banking service provider Swissquote has seen a 44 percent surge in profits in the first half of 2018, an uplift attributed to the “crypto boom” earlier this year, local news outlet Finews reports July 31. In July 2017, the Swiss-based online bank was credited by many with becoming “the first” European online bank to…