South Korea’s benchmark equity index, the Kospi, has reached a record high of 4,340 points, driven by prospects of shareholder-friendly policies and positive global market sentiment. The new high has prompted one analyst to urge caution among bitcoin BTC$114,199.32 bulls, suggesting that the surging Kospi could mark the end of the BTC bull run, consistent
Experts suggest growing anticipation ahead of key macroeconomic events this week has led to a stark divergence between futures traders betting on Ethereum and exchange-traded funds rotating their capital to Bitcoin. Aggregate 24-hour futures volume for Ethereum reached $49.4 billion, surpassing Bitcoin’s $42.9 billion, data from analytics firm Coinanalyze shows. The surge in speculative interest
The US Senate Banking Committee voted 13-11 today to approve the nomination of Donald Trump’s advisor Stephen Milan to serve on the Federal Reserve Board for a short term. The decision was made along party lines, with Republicans reportedly aiming to quickly pass Milan’s nomination through the Senate ahead of next week’s interest rate decision
BlackRock’s IBIT and Fidelity’s FBTC led inflows as bitcoin BTC$114,128.22 ETFs logged their strongest day since July, with BTC climbing past $114,000. Ether (ETH) topped $4,400, as Ethereum funds ETHA and FETH saw renewed demand according to data curated by SoSoValue. BTC spot ETFs pulled in $757 million of net inflows on Wednesday. Fidelity’s FBTC
A new thesis that argues that most crypto value today is captured in apps, rather than blockchains, is gaining popularity with the rise of Hyperliquid and could shift investor behavior over the next few months, a crypto executive says. “All the cool kids are talking about the ‘fat app’ thesis. Feels like that could be
Charlie Kirk, a conservative activist and close ally of the U.S. President Donald Trump, was shot and killed on Wednesday at Utah Valley University. He was 31. Trump confirmed the news in a social media post, calling Kirk a loyal supporter and a trusted friend. Kirk’s death is not only a loss for the political
China-based Pop Culture Group, which operates youth-oriented entertainment projects centered on hip-hop, has allocated $33 million of its treasury into Bitcoin to diversify reserves and explore digital assets. The move reflects the company’s plan to integrate cryptocurrency into its financial and operational strategy. It also explores opportunities in Web3 and entertainment-related digital assets. Strategic Allocation
South Korea is reportedly lifting restrictions that have prevented crypto businesses from qualifying as venture companies, giving them new access to tax breaks and financing support. During a cabinet meeting on Tuesday, South Korea’s Ministry of SMEs and Startups said it had passed a partial revision to the Enforcement Decree of the Venture Business Act
INTOverse, a Web3 SocialFi platform, is now in a strategic partnership with EDITH, a famous decentralized protocol for artificial intelligence (AI) and real-world asset (RWA) tokenization. The primary purpose of this partnership is to combine GPUs, energy, real estate, and agents as RWA on-chain to unlock real, tangible value. We’re pumped to announce our partnership
South Korea’s stock index KOSPI has surged to its all-time high in four years and two months, signaling a bullish run in the local stock market. An intense wave of foreign buying drove the rally, while shares of crypto-related companies also climbed. South Korean President Lee Jae-myung will outline key financial policies at his 100-day