Gaming Company Nexon Discloses $100M Bitcoin Purchase – April 28

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $54,401

Bitcoin price has cooled off from its recovery rally, topping out at $55,775 before drifting down towards the $54,000 mark today.

Top-20 altcoins are mostly down, aside from Ethereum with a 3% gain, and Dogecoin which rallied by 21%.

Top Stories for April 28, 2021 πŸ”₯

πŸ‘‰ Gaming Company Nexon Discloses $100M Bitcoin Purchase

Asian video game publisher Nexon has disclosed a $100 million purchase of Bitcoin, representing around 2% of the company’s total cash reserves.

Nexon purchased a total of 1,717 BTC at an average price of $58,226 including fees and other expenses, for the purpose of “maintaining the purchasing power” of their cash assets.

πŸ‘‰ Ethereum Hits All-Time Highs Following EIB Announcement

Ethereum (ETH) price has reached new all-time highs today, following news from the European Investment Bank’s announcement of a digital bond sale on the network.

According to Bloomberg, the EIB plans to issue two-year, 100 million euro digital bonds via several prominent banks including Goldman Sachs and Santander.

πŸ‘‰ JPMorgan Partners With DBS & Temasek For New Blockchain Firm

JPMorgan, DBS and Temasek are teaming up to create a new blockchain company focused on international payments.

The company, Partior, aims to streamline payments, trade and foreign exchange settlement via blockchain, on a frictionless 24/7 platform.