Tokyo-based video game maker Nexon became the latest publicly listed technology firm to buy bitcoin. Established in 1994, Nexon catered to produce, develop, and operate online games and virtual worldsThe post Nexon joins the likes of Tesla, MicroStrategy; buys 1,717 Bitcoin appeared first on AMBCrypto. origin »
Nexon has announced the purchase of 1,717 bitcoin (BTC) worth roughly $100 million (11.1 billion yuan) at an average price of $58,226. The firm says the move is in a bid to protect shareholder value while also hedging against inflation, according to a press release on April 27, 2021. Nexon Adds Bitcoin to its BalanceRead More
An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98.
Bitcoin’s 90-Day active supply is falling, signaling lower short-term trading activity and demand.
The decline in active supply may indicate a potential price consolidation or further dip.
Bitcoin’s 1-week realized volatility dropped to 23.42%
Past volatility compressions have often led to sharp breakouts
Bitcoin is in the news today after its one-week realized volatility drThe post Bitcoin’s realized volatility drops to hit new low – What’s next? appeared first on AMBCrypto.
Coinbase Premium Index hinted at declining U.S. investor interest, with a drop in active addresses
Exchange netflows alluded to reduced selling pressure as Bitcoin traded close to its support lThe post Bitcoin's declining investor interest - Is a long-term downturn on the way? appeared first on AMBCrypto.
Saylor has implored the United States to buy 20% of Bitcoin before other nations do
Exec believes the United States could offset its debt in a decade if it adopts a BTC reserve
Michael SayloThe post Strategy's Michael Saylor wants USA to hold 20% of all Bitcoin - Why? appeared first on AMBCrypto.
Ryan Cohen’s social media shift sparked speculation about GameStop's Bitcoin acquisition.
Could GameStop’s $4. 6 billion cash reserve lead to a major Bitcoin purchase?
GameStop CEThe post Did GameStop CEO hint at a potential $4.
Altseason could have started already as there may not be a direct Bitcoin-to-altcoin rotation
Money has started to flow out of memecoins and could all be going into altcoins
At the time of wThe post Is altcoin season already here? Answer depends on Bitcoin and... appeared first on AMBCrypto.
Utah's Bitcoin reserve bill has progressed to the second Senate reading.
Microsoft’s quantum chip timeline of 2027-2029 could put BTC at risk sooner than expected.
As plans for a BitcoThe post Bitcoin: Could Microsoft's quantum chip affect BTC reserve plans? appeared first on AMBCrypto.