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Bithumb, South Korea's second-largest crypto exchange, is set to launch a Filecoin (FIL) trading pair against the Korean won (KRW) on January 6, 2025, at 4:00 PM local time. This addition aims to enhance liquidity and meet the growing demand for decentralized storage solutions. The Filecoin ecosystem is also experiencing significant advancements, including the Fast Finality upgrade, which improves network efficiency and scalability, attracting increased interest from traders.
The semaglutides market is projected to grow from $20.54 billion in 2023 to $36.87 billion by 2028, driven by rising diabetes prevalence and increased demand for effective treatments. Key players are innovating with GLP-1 receptor analogues and oral formulations to enhance patient adherence and reduce side effects. North America leads the market, while Asia-Pacific is expected to be the fastest-growing region.
Global stocks showed mixed results as Wall Street rebounded from holiday lows. Japan's Nikkei 225 fell 1.5% amid concerns over U.S. investment policies, while South Korea's Kospi surged 1.9% driven by gains in tech stocks. The S&P 500 and Dow Jones saw modest increases, reflecting ongoing economic resilience despite high interest rates.
Pi Network has extended its Grace Period to January 31, 2025, with over 9 million mainnet migrations and 14 million KYC verifications achieved. Despite delays, the app has surpassed 100 million downloads, gaining significant traction in Asian markets, particularly South Korea, where local users now exceed 1.3 million. The project continues to face community frustration over verification issues and the timeline for its native token launch.
Jeju Island is set to launch NFT-based tourism cards named "Tao" in 2025, aimed at enhancing visitor experiences with travel benefits and discounts. These digital passes will integrate with the local Tamna Jeon stablecoin, promoting a seamless connection between blockchain technology and tourism. The initiative targets tech-savvy millennials and Gen Z, positioning Jeju as a forward-thinking destination in the evolving travel landscape.
Jeju Island in South Korea plans to launch NFT tourist cards in the second half of 2025 to attract younger visitors, particularly millennials and Gen Z. These digital cards will offer travel subsidies and discounts at local attractions, following a trial phase. The initiative aligns with Jeju's history of embracing blockchain technology, including a COVID-19 contact tracing app launched in 2021.
Asian stocks showed mixed results as Tokyo and China markets declined following Wall Street's recovery from holiday lows. Japan's finance minister emphasized economic growth through wage increases, while concerns lingered over potential trade policy changes under President-elect Trump. Despite a report of growth in China's services sector, markets reacted cautiously, with the Nikkei 225 down 1.6% and the Hang Seng and Shanghai Composite both slipping 0.5%. In contrast, South Korea's Kospi rose 1.8%, buoyed by gains in major tech stocks.
Asian stocks showed a cautious start to 2025, with Japan's markets notably declining as investors reacted to hawkish Federal Reserve comments and upcoming economic data. Japan's index fell 1.3%, pressured by weak automobile sector performance and a failed takeover of U.S. Steel by Nippon Steel. Meanwhile, South Korea's market surged 1.6% amid political turmoil, while China's stocks remained steady, focusing on anticipated fiscal stimulus to combat deflation and a struggling property market.
Asian equities are set to rise following a rebound on Wall Street, where the S&P 500 and Nasdaq 100 ended a five-day losing streak, driven by renewed demand for tech stocks. Australian shares and futures for Hong Kong, Taiwan, and Singapore showed gains, while Japan's market declined. Investor interest in stocks signals a return to risk appetite, particularly in tech, as evidenced by Hon Hai Precision Industry's strong revenue report, indicating robust demand for AI infrastructure. Key economic data from China, Thailand, and Vietnam is expected, alongside interest rate decisions from Israel's central bank.
South Korea's Stock Exchange chairman, Jeong Eun-bo, announced plans to explore crypto-based ETFs in 2025 as part of a strategy to enhance market value amid ongoing economic challenges. Despite a ban on crypto ETFs since 2017, recent discussions by the Financial Services Commission indicate a potential regulatory shift influenced by the success of overseas crypto products. However, new regulations are currently stalled due to a political crisis following the impeachment of President Yoon Suk Yeol.
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Bithumb launches Filecoin trading pair with Korean won enhancing market access
11:00 06.01.2025
semaglutides market projected to reach 36.87 billion by 2028
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10:12 06.01.2025
global stocks mixed as wall street rebounds from holiday slump
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10:10 06.01.2025
Pi Network extends grace period as user migration and KYC verifications rise
09:44 06.01.2025
Jeju Island to Introduce NFT Tourism Cards for Enhanced Visitor Experience
08:00 06.01.2025
jeju island to launch nft tourist cards to attract younger visitors
06:52 06.01.2025
Asian stocks mixed as Japan's market resumes trading amid cautious sentiment
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05:47 06.01.2025
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04:09 06.01.2025
Asian markets poised for gains as Wall Street rebounds from losses
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23:31 05.01.2025
south korea plans to explore crypto etfs amid market challenges
14:00 04.01.2025
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