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August 8, 2020

Why Did Bitcoin Skyrocket When the US Dollar Declined?

Why Did Bitcoin Skyrocket When the US Dollar Declined?

[ad_1] The U.S. dollar drop and the Bitcoin surge happened at the same time. Why? Before we reveal the answer, let’s explore the multiple factors in the background starting with the continued downward adjustment of interest rates on U.S. Treasury bonds and quantitative easing policies. These policies have caused a lot of U.S. dollars to […]

Major South Korean Bank Joins the Crypto Custody Business

Major South Korean Bank Joins the Crypto Custody Business

[ad_1] KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of digital assets. The companies belonging to the partnership state that their inception into the crypto custody business is a response to […]