Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Nexon
Nexon Group Set To Acquire Korean Exchange Bithumb in $457M Deal
Nexon Group, a video game development company, is set to acquire Korean exchange Bithumb for $457 million. This could end months of speculation about the future of the exchange placed on the market in 2020. Nexon Set for Record Acquisition According to local media, Nexon is positioning itself to purchase a 65% stake in Bithumb for around 500 billion Won ($457 million). Nexon has signed an agreement with Bithumb at the beginning of January but has not finalized the agreement.…
4 years ago