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24 February 2021

Bank of Korea chief says crypto has no intrinsic value, expects volatility

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Amid a major downward correction in the cryptocurrency market, the head of South Korea’s central bank is skeptical about digital currencies like Bitcoin (BTC).

Bank of Korea Governor Lee Ju-yeol said that crypto assets like Bitcoin have no intrinsic value, local news agency Yonhap reports Tuesday.

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Bitcoin Futures See Record $180 Billion in Trading Volume - Decrypt
published: 15 minutes ago
Trading volumes of Bitcoin futures have hit new highs as the price of BTC falters.

sentiment (-0.1) Negative

MicroStrategy Buys $1.026 Billion Of Bitcoin
published: 20 minutes ago
MicroStrategy’s latest monumental bitcoin investment gives it a total of more than 90,500 BTC, purchased at an average of $23,985 per coin.

sentiment (0.1) Positive

As Bitcoin Surges, Investors Find Invictus Capital’s C10
published: 20 minutes ago
Promoted: As bitcoin surges, Invictus Capital's C10 fund offers investors a unique avenue for exposure.

sentiment (0.3) Positive

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2021-02-23 09:01:08

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cointelegraph.com