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Tag Archives: ICON

Korea’s Biggest Insurance Firm SK Partners With ICON, Crypto For Mileage

ICON, South Korea’s most valuable blockchain project, has partnered with the country’s biggest telecommunications conglomerate SK, to possibly utilize blockchain technology and crypto in compensating users of its mileage system. SK Planet, a subsidiary of SK that signed a memorandum of understanding (MoU) with ICON, operates the most widely utilized mileage system in the country that has nearly 35 million ...

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Fidelity CEO Teases Crypto Product Announcement By “End of the Year”

Boston, Massachusetts-based, $6.9 trillion asset manager and financial services company, Fidelity Investments, is close to entering the cryptocurrency space, with an announcement from the firm expected “by the end of the year,” if recent comments from Fidelity’s CEO holds true. Fidelity Investments CEO Reveals Work on Crypto Products, Announcement Coming While speaking during last week’s annual Boston FinTech Week, Fidelity ...

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Lynked.World Announces Strategic Partnerships With Four Major Organizations in India

Lynked.World, the blockchain-based technology that allows users to irrefutably verify their personal, educational, and professional backgrounds, has just announced that four elite organizations in India will join dozens of other government and educational intuitions in that country who have adopted the platform. Metal Scrap Trade Corporation Limited (MTSC) and its e-RAKAM portal, along with Coal India Limited (CIL), and The ...

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Litecoin (LTC) Price Watch: Is That a Double Bottom?

Litecoin Price Key Highlights Litecoin price could be done with its drop as a double bottom may be forming on the 4-hour chart. Technical indicators are showing mixed signals at the moment as selling pressure remains present. A break past the neckline at $70 could lead to a rally that’s the same height as the chart formation. Litecoin could be ...

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Citigroup, Morgan Stanley’s Have Shown Institutional Demand For Bitcoin is Surging

Over the past week, Citigroup and Morgan Stanley have doubled down on their plans to offer tradable instruments and products around Bitcoin. Alistair Milne, the chief information officer at Altana Digital Currency Fund, stated that the increasing interest towards cryptocurrencies as an asset class by banks and regulated financial institutions is crucial, as it demonstrates the rapidly growing demand for ...

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BitGo CEO: Bitcoin Needs Fresh Capital, Wall Street is Coming in

In a development that flew under the radar of most, an American blockchain startup has just received the go-ahead from a U.S. state regulator to establish a digital asset custody product. The firm’s CEO then took to CNBC to convey details about this product and what it means for this budding industry. The BitGo Crypto Custody Product Might Have Been ...

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Bitcoin Price Watch: BTC/USD Could Correct Lower To $6,400

Key Points Bitcoin price traded further higher above the $6,450 and $6,510 resistances against the US Dollar. There is a short term ascending channel in place with support at $6,505 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely forming a double top pattern near the $6,600 resistance. Bitcoin price gained traction above ...

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