NXC, the parent company of Nexon, one of South Korea’s leading gaming companies, is undergoing a significant restructuring of its crypto asset strategy. According to local media reports, the company is both reducing its cryptocurrency holdings and exiting some of its investments in the sector. According to NXC’s consolidated audit report, the total value of
Just yesterday, CoinDesk reported that despite lingering war risks, analysts foresee bitcoin rallying to $88,000 and higher on the back of several crypto-specific factors, including bullish market flows. But now, some 16 hours later, the price chart is saying: not so fast. Bitcoin’s price has run directly into one of the most pivotal technical levels
Crypto markets are falling this Monday morning in Asia as investors react to the breakdown in negotiations between Iran and the US. “All eyes are on the oil and stock market’s reaction to this weekend’s events,” said the Kobeissi Letter. President Trump is looking at resuming “limited military strikes” in Iran in addition to the
Aethir, a decentralized, enterprise-grade GPU cloud infrastructure platform, Decentralized Physical Infrastructure Network (DePIN) built for scalability, low-latency computing power, enables the launch of a designer Artificial Intelligence (AI) agent that is mainly used for AI workloads, gaming, and cloud rendering. The basic purpose is to create and execute content tasks using decentralized GPU infrastructure. AI
Tokenized U.S. Treasuries keep notching fresh records, and this weekend the sector stands at $13.53 billion, posting a tidy 0.63% gain over the past seven days. The tokenized U.S. Treasury segment still wears the crown as the largest slice of the real-world-asset ( RWA) market, which now clocks in at $29.22 billion. Key Takeaways: rwa.xyz
Bitcoin looks weak in the short term as both spot and futures flows point lower, yet a separate monthly chart shows the market entering a historical accumulation area. Together, the setups suggest near term pressure may continue even as long term risk reward begins to improve. Bitcoin Faces Fresh Selling Pressure as Spot and Futures
Bitcoin fell as low as $70,623 on Sunday after the US announced a blockade of the Strait of Hormuz following failed peace talks with Iran. The price of Bitcoin (BTC) initially fell 1.9% to $71,686 after US President Donald Trump confirmed the blockade in a post to Truth Social on Sunday, adding that peace talks
White House analysis shows stablecoin yield restrictions deliver minimal lending gains, with banking liquidity largely preserved through reserve recycling, challenging core policy assumptions behind proposed legislation. Key Takeaways: White House analysis finds stablecoin yield ban lifts lending by only 0.02%, indicating limited real-world impact. Analysis shows only about 12% of reserves could be constrained under
“The Federal Reserve officially approves Kraken Financial as the first digital asset bank with direct access to the United States’ payment systems,” the popular Bitcoin curation account @DocumentingBTC posted on X this week, racking up over 3,000 likes. The post set off a wave of commentary about what it means when a crypto company gets