The global economy is still adjusting and dealing with the aftereffects of US President Trump’s tariffs. Amid all the volatilities, South Korea’s army of retail traders is reportedly cashing out of Tesla Inc. Local investors dumped a net $657 million of the carmaker’s shares in August. This has been seen as the biggest monthly outflow
In the final days of August, Bitcoin made a comeback, reclaiming the lead in the crypto ETF competition. Spot Bitcoin funds absorbed $440.71 million in new investments, reversing the $1.17 billion outflow from the previous week and bringing the total net intake to $54.24 billion. Net assets now total nearly $140 billion, according to SoSoValue.
Bitcoin rose 2% Monday before easing, while crypto liquidations totaled $274.63 million in 24 hours, per CoinGlass. The move followed a weekend of range-bound trade and kept the price near the $107,000 support area. Bitcoin set an all-time high near $123,000 on Aug. 14 and has drifted lower through late August, a backdrop that framed
Hunter Beast, author of BIP 360, a proposal that aims to make bitcoin quantum computing resistant, has warned about advancements in the field that could potentially endanger bitcoin. “I don’t think we have as much time as I once thought,” he stressed. BIP 360 Author Raises Concerns About Bitcoin’s Vulnerability To Quantum Computing Quantum computing
As September begins, the cryptocurrency market is on edge over the possibility that Bitcoin (BTC) may adopt a sustained bearish outlook, based on its historical performance. Data shows that September has been Bitcoin’s weakest month since 2013, with an average return of -3.77%. The recent 5.91% drop in August has only added to the skepticism,
Samson Mow, a major Bitcoin advocate and the JAN3 CEO, has voiced an issue that he believes the BTC community is getting divided over at the moment. His former employer from Blockstream and Satoshi Nakamoto’s ally, Adam Back, joined the discussion, leaving comments on his tweet. Major split hits Bitcoin community: Mow Samson Mow tweeted
Story Highlights Bitcoin enters September at $108K after a 6.5% August drop, facing its historically weakest month. ETF outflows of $751M signal caution, while whale wallets hit a record 19,130 addresses, showing quiet accumulation. A 90% chance of a Fed rate cut and key U.S. economic data this month could spark major crypto market volatility.
MicroStrategy, now doing business as Strategy (MSTR), has officially qualified for potential inclusion in the S&P 500 after posting one of the strongest quarters in its history. In the second quarter of 2025, the company reported $14 billion in operating income and $10 billion in net income, equal to $32.6 in diluted earnings per share.
A regulated Swiss crypto bank and a Nasdaq-listed digital asset firm just unleashed a powerhouse fund in Hong Kong, targeting institutional demand with aggressive crypto equity exposure. Swiss-Regulated Crypto Bank Teams With Nasdaq-Listed Firm on Hong Kong Fund Launch Amina Bank AG, a Swiss crypto bank regulated by the Swiss Financial Market Supervisory Authority, revealed
A senior Kucoin executive says institutional adoption is the key driver behind the rapid growth of the tokenized real-world asset (RWA) market. The executive believes the recently passed GENIUS Act could double the RWA market cap to $50 billion by year-end. Institutional Adoption: The Primary Catalyst According to Tika Lum, head of global business development