Bitcoin continued its rally towards the $10000 mark this week, reaching as high as $8950 on Friday. It was the best price recorded in 67 days, and in 2020. That was more than $1100 higher than the price recorded last Friday. In the last seven days, the most popular cryptocurrency improved its value by more than 12 percent. At the time of writing this, Bitcoin was trading at $8825. Bitcoin has
Gemini, a crypto-exchange and custodian owned by Internet entrepreneur twins Cameron and Tyler Winklevoss, launched a "Captive Insurance Company" or self-insurance company to provide Gemini Custody up to $200 million in insurance coverage for digital assets held by them on behalf of its clients.
Precious metals and digital gold marketplace OneGold launched a state-of-the-art mobile app which claims to have the best in class security features. The app is also integrated with cryptocurrency payments through its already established partnership with blockchain payments provider BitPay. OneGold has partnered BitPay since December 2018.
An Interpol-led operation from Singapore has helped in reducing the growing cybercrime known as cryptojacking or auto-crypto mining across the countries of the Association of Southeast Asian Nations (ASEAN) region. Interpol's ASEAN Cyber Capability Desk had launched Operation Goldfish Alpha in June 2019 in partnership with private sector partners including Cyber Defense Institute and Trend Micro.
The past week has been generally good for Bitcoin. In the last seven days the most popular cryptocurrency improved its value by more than $500, or 7 percent. As of this writing, the Bitcoin is trading at $7864. The virtual currency showed signs of resurgence in the New Year after a relatively dull December. After dipping below $7000 on January 2, the currency managed to rise from its slumber.
Crypto-friendly travel booking platform Travala.com has seen a boost in its booking revenues since partnering online travel agency Booking.com in late November last year. The booking revenues for the month of December grew 33.5 percent month-on-month after the partnership.