South Korea’s Financial Services Commission is considering a rule that would cap corporate cryptocurrency investments at 5% of a company’s equity capital, according to local media reports, as the country moves toward easing its long-standing restrictions on institutional crypto trading. Seoul Economic Daily reported that the FSC has drafted trading guidelines for listed companies and
Bitcoin BTC$92,121.34 climbed 1% Monday afternoon Hong Kong time as President Donald Trump’s escalating feud with Federal Reserve Chairman Jerome Powell rattled investors, sending both U.S. stock futures and the dollar index lower. Bitcoin rose to $92,000 but stayed inside last week’s price range of $89,000 to $95,000, per CoinDesk data. Nasdaq futures dropped 0.8%,
Bitcoin surged to $91,000, marking a notable reclaim of a key psychological level and signaling renewed momentum in the market. Buyers pushed price higher during a period of relatively thin liquidity, allowing Bitcoin to move swiftly from the $90,000 region. This move reflects growing confidence among market participants following weeks of consolidation. Post-Holiday Momentum Begins
Wells Fargo, one of the largest banks in the United States with nearly $2 trillion in assets, has announced the launch of Bitcoin-backed loans for institutional and wealth management clients. The decision marks a significant shift in how traditional financial institutions view digital assets, positioning Bitcoin not just as a speculative investment but as a
Bitcoin price held steady above the key support level at $90,000 as traders waited for the upcoming US inflation report, SCOTUS ruling on Donald Trump’s tariffs, and the CLARITY Act. Summary Bitcoin price remained in a tight range on Sunday. The United States will release the latest US inflation report on Tuesday. The Senate will
The S&P 500 does not stay the same. It never has. Companies enter, companies leave. Some grow fast and earn a spot, while others shrink, merge, go private, or collapse. Stability is not how this index works. So perhaps this churn helps explain how the market behaves over time. Prices can rise while the lineup
Bitcoin price today trades near $90,600 as asset manager VanEck published a long-term framework projecting BTC could reach $2.9 million by 2050, assuming adoption as a global settlement layer and central bank reserve asset. The valuation arrives as price compresses inside a symmetrical triangle that has narrowed volatility for weeks, setting up a decisive breakout