Is the recent surge in South Korea’s KOSPI index sending a crucial signal for the cryptocurrency market? A fascinating analysis suggests a strong KOSPI Bitcoin correlation, hinting that when this key stock market index hits a new record, Bitcoin’s bull run might be nearing its end. For crypto investors, understanding this potential link could be
NTH, a blockchain-driven Web3 entity, has begun a strategic partnership with MAGNE.AI, a next-gen Web3 smartphone firm. The collaboration is aimed at driving innovation in Web3 monetization with cutting-edge hardware solutions like decentralized smartphones. As mentioned by NTH and MAGNE.AI’s official X announcements, the partnership fortifies the global Web3 community growth. Hence, the main purpose
Veteran trader Peter Brandt has given his opinion on when the Bitcoin bull cycle may peak, as the flagship crypto continues to range sideways. Meanwhile, there is also the possibility that the cycle may extend, especially with the Fed set to lower interest rates, which could lead to an influx of new liquidity.
Starknet, the zero-knowledge-proof layer-2 solution for Ethereum, plans to roll out its Bitcoin staking feature on its mainnet by the end of this month. Summary Starknet plans to roll out Bitcoin staking on its mainnet by the end of September. The Ethereum layer 2 scaling solution is among protocols looking to tap into BTC to
Bitplanet, South Korea’s first institutional Bitcoin treasury company, has completed the full acquisition of SGA Co. Ltd. through a $50 million deal, according to a Sept. 11 statement shared with CryptoSlate. The transaction marks the conclusion of a 62% takeover of SGA by an international investor consortium, underscoring a growing push to formalize Bitcoin holdings
The Bureau of Labor Statistics published August’s Consumer Price Index (CPI) data just a day after it revealed lower-than-expected wholesale inflation. BTC Dips Then Recovers After Latest CPI Report Bitcoin dropped to $113K on Thursday morning after the Bureau of Labor Statistics (BLS) announced slightly hotter-than-expected inflation in its August Consumer Price Index (CPI) report.
Fresh data from blockchain analytics platform Glassnode shows that mid-sized Bitcoin investors have significantly increased their BTC holdings in recent times. The data shows that entities holding between 100 and 1,000 BTC, often referred to as sharks, have added approximately 65,000 BTC in the last seven days alone. At the current price of $113,595, their
Plume has partnered with AI-powered security platform Octane to integrate automated, real-time vulnerability scanning directly into its blockchain ecosystem. Summary Octane’s platform scans code in CI/CD pipelines, detecting vulnerabilities in real time without slowing development. Initial audits of Plume protocols and ecosystem projects uncovered 192 issues, including a critical vulnerability in Mystic, that could’ve led
BlackRock, the world’s largest asset management firm, is expanding its plans to transform traditional investment products into blockchain-based digital assets. According to Bloomberg, the company is considering offering exchange-traded funds (ETFs) to investors by tokenizing them on the blockchain. According to sources familiar with the matter, BlackRock is working on tokenizing ETFs based on real-world
Donald Trump, who’s repeatedly criticized Hunter Biden for perceived conflicts of interest, has unleashed his three sons on the cryptocurrency industry to participate with unprecedented breadth and financial entanglement. All three of Trump’s sons are tied to and profiting from the industry as a whole, with Donald Jr. and Eric taking the lion’s share of