SEOUL, South Korea – March 2025: The nomination of Shin Hyun-song as the next Bank of Korea governor has ignited significant discussion within South Korea’s cryptocurrency sector, particularly regarding the future of stablecoin regulations and central bank digital currency development. Industry observers now closely monitor how Shin’s international experience at the Bank for International Settlements
President Xi Jinping’s China is back out front telling foreign companies to come in, sell more, build more, and worry less. On Sunday at the China Development Forum in Beijing, Premier Li Qiang said China would push for more balanced trade with global partners after a year of tariff fights and trade tension, especially with
Well-known Economist Peter Schiff has warned that rising U.S. war spending could increase debt and push inflation higher. As of today, U.S. war spending has reached $28.5 billion as the US-Israel & Iran conflict has reached the 24th day. Thus, Schiff said higher oil prices from ongoing conflicts may slow growth and force policymakers to
New developments in the Iran conflict have spread fear across both the crypto and stock markets. This shift has caused Bitcoin to lose its previous outperformance over equities. The correlation between Bitcoin and stocks returned in March. This change has sparked new speculation among analysts. From Outperformance to Fear: Bitcoin and Stocks Slide Together During
Bitcoin ($BTC) price dropped 6% over the past week to trade near $68,100 after breaking a head-and-shoulders neckline on March 21. The breakdown activated a measured move target near $62,200, roughly 10% below the neckline. However, on-chain data shows whales and long-term holders are accumulating aggressively, setting up a tug-of-war between technical weakness and conviction-driven
Decentralized, blockchain-based messaging and social media apps saw a surge of interest over the last year amid civil unrest and communication blackouts in the Middle East, Asia and Africa. Search interest in decentralized social media has grown 145% over the last five years, according to Exploding Topics, while decentralized peer-to-peer messaging service Bitchat saw a
Autonomous AI agent commerce could mean the end of online advertising as it is currently known today and shift the internet’s economic model, according to a16z Crypto. Since the dawn of the internet, buying goods or services typically involves navigating to online stores (some through online advertisements). However, Merit Systems co-founder Sam Ragsdale argues this
Strive (ASST) Chief Risk Officer Jeff Walton laid out the bull case for what he called “Digital Credit,” arguing that a single shift in how rating agencies value Bitcoin ($BTC) could catapult Strategy (MSTR) from junk status to investment grade. In his remarks, Walton targeted the gap between how credit agencies score Bitcoin treasury companies
Hong Kong-based Web3 gaming firm Boyaa Interactive International said it is seeking shareholder approval to expand its crypto treasury, planning up to $70 million in purchases over the next year. In a statement on Sunday, the Hong Kong-listed company said it is looking to use its “idle cash reserves during periods of weakness in the
A report issued by Renmin University’s International Monetary Institute argues against maintaining large foreign exchange reserves, mainly U.S. Treasuries, as the yuan adoption and trust grow. The document advises holding “moderately ample” levels of foreign reserves, with dollar bonds being their largest component. Report: China Should Reduce Forex Reserves As Yuan Matures China’s level of