Crypto

The weekly close on Coinbase on Sunday was $81,159, above the 50-week moving average of $78,788, according to TradingView.

Bitcoin has cleared a key technical hurdle that historically preceded major bull runs, closing above its 50-week moving average for the first time in 45 weeks.

Bitcoin extended its slow climb above $81,000 during Asian morning hours on Monday, adding less than 1% over 24 hours, according to CoinDesk data.

Hana Bank has issued South Korea’s first digital bond using Euroclear’s blockchain settlement platform, completing a $100 million foreign-currency transaction on the same day.

South Korea’s Hana Bank has issued a five-year, $100 million digital bond using Euroclear’s blockchain-based platform, according to a Yonhap News Agency report on Monday.