Bitcoin $BTC$63,174.72 has come under pressure since the U.S. stock market closed Monday, with South Korea’s Kospi leading Asian equities lower and providing risk-off cues to the cryptocurrency market. $BTC has fallen to $63,200 from nearly $65,000, a 2.7% decline that has spilled over into the broader crypto market and dragged down the likes of
South Korea’s Korea Exchange halted trading in KOSPI-listed shares for 20 minutes on July 28 after the benchmark fell 8.02% to 6,213.51. The Level 1 circuit breaker took effect at 10:13 a.m. local time after the decline remained above 8% for one minute. It was the eighth KOSPI circuit-breaker activation of 2026 and the 14th
The stablecoin market contracted in June 2026 even as transaction activity reached a record. CoinDesk Data reported on July 6 that market capitalization fell 2.39%, or about $7.7 billion, to $312 billion. It was the first month-end decline in five months and the largest monthly dollar reduction since the Terra-Luna collapse in May 2022. The
Why Saylor Anticipates More Bitcoin Sales Michael Saylor, Executive Chairman of Strategy Inc. (Nasdaq: MSTR), revealed on July 27 in an X post that future STRC repurchases may be funded through either bitcoin sales or MSTR stock sales, depending on market conditions. STRC is Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, carrying a
The Hong Kong Monetary Authority (HKMA) has launched a framework to assess banks’ preparedness for quantum-computing threats as the city expands its use of tokenized deposits, digital assets and blockchain settlement. On Monday, the HKMA introduced a white paper on quantum preparedness and the sector’s first Quantum Preparedness Index (QPI). The index gave the sector
The recent halt in military exchanges between the United States and Iran shifted investors’ attention away from traditional safe-haven assets and back toward risk-driven markets. Gold had rallied during the conflict as traders sought protection from geopolitical uncertainty. However, analysts later argued that easing tensions reduced the urgency for defensive positioning. Several market commentators expected
Crypto Treasury Firms Chase AI Gains as Investor Enthusiasm Fades The collapse of the crypto treasury trade is pushing struggling public companies toward the market’s newest source of investor enthusiasm: artificial intelligence. According to a new Bloomberg report, at least a dozen digital-asset treasury (DAT) firms have shifted into AI-related ventures in recent months as
The companies announced the partnership on Monday under the name K-Stock Global Gateway. It combines Siebert’s U.S. brokerage infrastructure with Kakao Pay Securities’ reach inside South Korea, where the firm holds roughly 9 million stock accounts. Tokenization Takes Aim at the Clock The core problem the partnership targets is time. South Korean and U.S. markets
Velo, a renowned blockchain protocol for user-friendly digital asset services, has announced a new upgrade for its self-custodial wallet, Orbit Plus. In this respect, Velo is unveiling a series of exclusive features that focus on enhancing user convenience, platform engagement, and account protection. As per Velo’s official social media announcement, this upcoming update is set
Bitcoin [$BTC] managed to push higher to $66,956 on Tuesday, July 21. The bulls were met with rejection back then, but the pullback only reached the $63.9k area before climbing back toward $65k. Since October, the foremost crypto has been in a bearish swing structure on the 1-day timeframe. This situation has not changed yet.