Bitcoin (BTC) Korea Premium Index Hits a One-Year High of 11.97%

Quick take: The Bitcoin Korea Premium Index has just hit a one-year high of 11.97$% Also known as Kimchi Premium, it tracks Bitcoin’s value on S. Korean exchanges relative to others The index is known to sometimes foreshadow a major Bitcoin price move Bitcoin conquering $60k will open the doors to $64k and beyond The Bitcoin (BTC) Korea Premium Index has just hit a one-year high of 11.97%. This is according to data by the team at CryptoQuant.com shared through the following tweet. $BTC Korea premium index hit a year…

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Tether (USDT) Active Addresses Exceed 6M, 3M on ETH and 3M on TRON

USDT active addresses have exceeded 6 million Half the amount is on Ethereum with the other half on Tron Tether’s market cap has exceeded $48B and still dominating the stablecoin market worth $75.4 Billion Tether’s growth has been organic based on the growth of the crypto markets and DeFi The number of USDT active addresses has exceeded 6 million. This milestone by USDT was shared by the CTO of Bitfinex and Tether, Paolo Ardoino, who also highlighted that the distribution of these addresses is even between Ethereum and Tron at…

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Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies

Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the impact of central bank digital currencies (CBDCs) on bitcoin and other cryptocurrencies in a report published last week. They wrote: Cryptocurrencies will still exist, as they continue to serve other use cases … For instance,…

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Which Merchants Now Accept Payments in Digital Currencies?

Get yourself up to date with a comprehensive guide to all the different brands and merchants that allow you to pay in cryptocurrencies and learn where to find the best Monero exchange. Business is booming for cryptocurrency around the world. This huge rise in popularity means that things are constantly changing and this can make it difficult for people to stay up to date with the latest news. People love cryptocurrencies because they allow for fast and inexpensive payments to be made all across the world. No waiting for checks…

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Nasdaq to launch options trading for Coinbase Global

Equity options for COIN stock are coming to Nasdaq today. Less than one week after the largest crypto exchange in the U.S. was listed, Nasdaq is set to start trading options for Coinbase Global. According to an April 19 Reuters report, a representative for Coinbase stated that the COIN.O options will start trading on Nasdaq on Tuesday, April 20. The launch of equity options will offer a new way for investors to bet on the fortunes of Coinbase. Equity options represent the right, but not the obligation, to buy or…

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