Bitcoin takes a break with a price of around $ 45,000

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MittGroup CEO Grant Mitterlehner says younger generations have an advantage in cryptocurrency investments through social media.

The price of Bitcoin fell more than 2% on Thursday morning, taking a break from its recent run.

The price was around $ 45,300 per coin, while rivals Ethereum and Dogecoin were trading at around $ 3,100 and 27 cents per coin, respectively, according to Coindesk.

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Samsung Electronics is believed to be part of South Korea’s central bank’s digital currency pilot project, according to the Korea Times and reported by Coindesk.

The electronics giant will test the functionality of the BOK program with its Galaxy smartphone.

Samsung is investigating whether it can make payments using mobile phones and digital currencies without the availability of the internet, according to an anonymous source cited in the report.

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BOK’s pilot program will be tested in two phases, the first taking place this month through December and will determine the specific technology required. The second phase, which will run from January to June 2022, will focus on actual transactions and settlements.

In other news, cryptocurrency derivatives platform Delta Exchange has introduced a feature that it says will help generate passive income for its users through the use of automated calling options.

According to a press release shared with CoinDesk on Thursday, Delta’s “enhanced return product” claims to simplify the process of bitcoin and ether options trading.

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Options allow traders to buy or sell the security at a specified strike price before or on a particular date.

The strike price in terms of the derivatives market is a fixed price at which the owner of the option can buy or sell the underlying asset, in this case bitcoin or ether.

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The Singapore-based company said that in the same way that exchange-traded funds simplify exposure to crypto, people won’t need to learn or experiment with complex options strategies because they can choose. in a menu as they see fit.

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