Sony, Japan's multi-industry giant, has announced the acquisition of Amber Japan, a leading cryptocurrency firm. Bitcoin rises as a result.
Sony, Japan’s multi-industry giant, has announced its acquisition of Amber Japan, a leading cryptocurrency firm,released on the 1st of July, Amber Japan, now under Sony’s umbrella, has rebranded and changed its name to S.BLOX.“Amber Japan Co., Ltd. , which operates the crypto asset trading service “WhaleFin”, has changed its name to S.BLOX Co., Ltd. on July 1, 2024.
Yet, this surge was short-lived, with BTC trading at $62,738 at the time of writing. However, the MACD indicator, standing on the verge of crossing above the signal line, indicates potential bullish momentum ahead.Additionally, after several days of outflows and minimal inflows, BTC ETFs finally recorded significant inflows of $129.5 million on the 1st of July, according toThis news also positively impacted Sony’s stock price. According to Google Finance data, the firm’s stock was up by 1.
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