4/12 Evening Briefing: 3 Features of Bitcoin Highs, The Real Reasons for the Government to Warn Cryptocurrency

CoinDesk Korea

Buying and selling real-name account exchanges? There is a reason for the government’s cryptocurrency warning

An official from the financial authorities said, “Before the enforcement of the revised special special law, we know that there were many places where exchanges were started without any preparation to obtain the status of existing business operators. After the grace period, most of them will be unable to operate in Korea. As much as possible, you have to be careful about investing in cryptocurrency,” he said.

3 phenomena at Bitcoin highs ahead of a bearish market

Overall, it is highly likely that the bull market will continue in the long run. This is because there is a shortage of bitcoins that can be sold on cryptocurrency exchanges. However, for the time being, there may be short-term declines and sideways. This is because there are many ant investors in the market. We should always keep in mind the possibility of a decline in the short term, and respond to investments in consideration of a kimchi premium that has reached 16%.

The United States banned individuals from holding gold until 1974. What about Bitcoin?

Bitcoin user and educator 6102Bitcoin appeared in Stefan Rivera’s podcast last year and said, “There was a time when it was illegal to keep gold or keep gold in the house in the United States, but it was less than 100 years ago.” “It’s a very surprising fact,” he said. On April 5, 1933, then US President Franklin Roosevelt signed Executive Order 6102 banning the’retention’ of gold.

US Securities and Exchange Commission reviews Wisdom Tree Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has begun reviewing the Bitcoin Listed Index Fund (ETF) of Wisdom Tree, an asset manager. According to the SEC document on the 9th (local time), the SEC is evaluating the documents for the Bitcoin trust submitted by Wisdom Tree.

Coinbase listing, will lead large-scale cryptocurrency investment?

The fact that Coinbase has been recognized for its high corporate value and settled in the market proves that the cryptocurrency industry has established itself. More money will flow into the cryptocurrency industry as a whole, which can be the basis for the development of blockchain technology.

Mining company Blockcap establishes headquarters in Austin, Texas

Blockcap, an American bitcoin mining company, announced on the 10th that it has set up its headquarters in Austin, Texas. Blockcap operates more than 10,000 miners as of April 10, 2021, securing a hash rate equivalent to about 0.95 exa hashes (EH/S) per second, and through this, it is mining more than 6 bitcoins per day. .

Haybit to attract 9 billion won of Series B investment

Uprise, which provides digital asset robo-advisor’Haybit’, announced on the 12th that it has attracted 9 billion won worth of series B round investment. Haybit explained that in addition to existing investors, Hashd and WeVentures joined the investment, of which Hashd led the entire investment round.

Romanian public university receives admission fee in cryptocurrency

Romania’s Lucian Blaga University of Sibiu (ULBS) announced in a press release on the 7th (local time) that admission fees can be paid in cryptocurrency from July.

[창작자의 NFT 판매기] Episode 2, Pung in the Sea of ​​Open Sea

Kim Tae-kwon is a cartoonist and Park Sung-do is a musician. They recklessly went to experience to sell their work through NFT.

Upbit “Do not issue your own digital assets… beware of multi-level fraud”

Dunamu announced on the 10th that there are reports of’Upbit issuing its own digital assets and selling them in multiple stages’. An official from Doona said, “There is no relationship between the vendor and Upbit.”

Short news today

Kobit donates proceeds from the nation’s first NFT auction to Purme Foundation

On the 12th, Kobit (CEO Sejin Oh), a domestic cryptocurrency exchange, announced on the 12th that it will donate the total amount of 160 million won earned from a non-replaceable token (NFT) auction. Earlier, Kobit produced a naming right for Bitcoin and Ethereum transactions for the first time in Korea last week and put it on an auction. A man who runs a music studio in the UAE purchased both works for a total of 59 ETH (about 160 million won). Kobit decided to donate the entire amount of this proceeds to the Purme Foundation Nexon Children’s Rehabilitation Hospital (hereinafter Purme Children’s Rehabilitation Hospital).

Lambda 256 to host’Luniverse Partners Day’ in the first half of this year

Lambda 256 (CEO Park Jae-hyun) announced on the 12th that it will hold’Luniverse Partners Day’ using metaverse in the first half of the year. Lambda 256 is an affiliate of Dunamu and an operator of the blockchain service platform’Luniverse’. Currently, Division, Moss Land, and X-Vers form the Metaverse ecosystem in Looneyverse.

Twig sells unlisted shares of Kraken on cryptocurrency exchange

Overseas unlisted stock trading platform’Twig’ will sell shares of Kraken’s common stock, an American cryptocurrency exchange starting on the 12th. The price per share is 77.5 dollars (about 87459 won per share), and it can be invested from a minimum of 10 million won to a maximum of 500 million won. There is a separate fee of 100,000 won for Twig. Investors must file a foreign exchange report for the amount acquired each year until the stock is listed, and cannot sell for 180 days after listing.

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