A new proposal in Korea suggested that the National Pension Service(NPS), the country’s public pension fund, should actively consider investing in digital assets. Kab Lae Kim, a senior research fellow at the Korea Capital Market Institute, made the recommendation Monday at a local conference. NPS is the world’s third-largest pension fund with over $930 billion
QCP Capital announced that cryptocurrency markets are showing signs of recovery after last week’s selling pressure, paving the way for an “October rally.” The company’s report noted that Bitcoin (BTC) rose to $112,000 and Ethereum (ETH) to $4,100. Spot prices remained stable over the weekend, despite significant ETF outflows last Friday, suggesting that selling pressure
Strategy (MSTR) announced on Monday that it purchased 196 BTC for $22.1 million, bringing its total holdings to 640,031 BTC. The latest purchase was made at an average price of $113,048 per bitcoin, raising the company’s overall average purchase price to $73,983. The acquisition was funded through the issuance of common stock via an at-the-market
Bitcoin recovered above $112,000 Monday morning, supported by a surge in buying pressure noted during the weekend. As a result, the top crypto is up 2.5% in the past 24 hours, undoing most of last Thursday’s losses, per CoinGecko data. Buoyed by Bitcoin’s strength, altcoins have also soared higher, resulting in a $354 million liquidation
Analyst James Check and Unchained produced a report on the current bitcoin BTC$112,136.68 market landscape, with the most interesting takeaway being the rise of the bitcoin exchange-traded funds (ETFs) specifically the success of iShares Bitcoin Trust (IBIT) and the options market that now underpins the product. The report opens with a quote saying: “Options are
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Visa is expanding its stablecoin settlement pilots. Stripe now offers USDC (USDC) payouts. PayPal’s PYUSD is integrated across wallets and checkout flows, with a “Pay with Crypto” feature on the way. If
Bitcoin has just reached another historic milestone, with its hashrate climbing to a new all-time high of 1.2 zetahashes per second (ZH/s) before settling near 1.039 ZH/s. This major record shows the growing industrial scale of Bitcoin mining and sets the stage for what could be a critical period for BTC’s price action. JUST IN:
Bitcoin and altcoins have been wreaking havoc on the market with sharp declines over the past week. While bullish predictions for BTC and altcoins continue, some are predicting a long-term uptrend like gold, while others are focusing on short-term bullishness and altcoin season. First, gold advocate and Bitcoin hater Peter Schiff reignited the BTC-gold debate.
Spot Bitcoin exchange-traded funds in the United States ended their four-week inflow streak as investor demand weakened amid new Trump tariffs and uncertainty over the likelihood of another Federal Reserve rate cut this year. Summary Bitcoin ETFs recorded $902.5 million in net outflows over the past week. Investor sentiment remains weak amidst a fresh round
At the BTCHEL conference in Helsinki, Finnish MP Martin Paasi made a bold statement. He stated Bitcoin adoption is accelerating to a point where reversing course seems increasingly unrealistic. As reported by Crypto News Hunters, Paasi called for urgent public dialogue and a formal risk assessment. Also, he asked for more defined regulatory frameworks at