{
}
Bitcoin's market dynamics have shifted significantly since the launch of spot ETFs, with net inflows of $36 billion in the first year and assets under management reaching $110 billion. Amid political turmoil in Korea, Bitcoin has emerged as a safe haven, while fears of government sales, particularly from the US and China, have triggered market volatility. The potential establishment of national Bitcoin reserves could reshape the landscape, encouraging passive holding and increasing global competition.
South Korea's financial regulators plan to gradually allow corporate accounts for cryptocurrency exchanges, aiming to enhance liquidity for smaller players while addressing anti-money laundering concerns. The initiative, part of the "2025 Key Policy Plan," will initially target low-risk entities and seeks to balance industry growth with consumer protection. Experts emphasize the need for robust AML standards to ensure market integrity as the country positions itself as a leader in the global digital asset landscape.
As the cryptocurrency market faces short-term weakness, long-term optimism remains due to anticipated pro-crypto policies under President-elect Trump. Key growth areas include Bitcoin DeFi, DeFAI (AI-driven DeFi), and decentralized physical infrastructure (DePIN), with significant interest in projects like Babylon Labs and World Liberty Finance. Despite declining trading volumes and increased caution among investors, experts predict a potential long-term bullish trend for altcoins, emphasizing the undervaluation of current prices.
Kang Seung-gon, CEO of Cube Entertainment, faces accusations of involvement in a crypto investment scam linked to Nestree Group Media. Allegedly, he inflated the value of the Nestree (EGG) token and encouraged associates to invest, promising principal guarantees. Despite denying the claims, affected investors are considering legal action as the token's value has significantly declined since its peak.
TRC-20 USDT transactions have surged to 22 billion, far exceeding Ethereum's 2.6 billion, driven by Tron's low fees and rapid processing times. The platform's scalability has attracted users and developers, solidifying its dominance in stablecoin transactions. Meanwhile, T3 has frozen $100 million in USDT linked to illicit activities, highlighting blockchain's transparency in combating financial crime.
Investors are selling off Toncoin despite a recent surge in whale transactions, raising concerns about its long-term viability. Meanwhile, 1Fuel is emerging as a strong competitor to Arbitrum, having raised over $1 million in presale funding and offering innovative features like cross-chain transactions and enhanced privacy. Arbitrum, despite a recent decline in value, is focusing on gaming expansion with a $190 million investment to fund 100 projects over the next three years.
Asian stocks mostly declined as concerns over potential trade friction under President-elect Donald Trump resurfaced. The Nikkei 225 fell 0.9% following strong wage growth data, while other indices in Hong Kong, Shanghai, and India also reported losses. Meanwhile, U.S. markets remained steady amid mixed economic reports, with oil prices slightly rising.
Asian markets mostly declined following a slump on Wall Street, despite positive U.S. economic data. The Nikkei 225 remained flat, while Hong Kong's Hang Seng and Shanghai Composite fell 1.6% and 1.5%, respectively. Rising bond yields and concerns over potential tariffs under President-elect Trump are contributing to market volatility.
Asian markets mostly declined following a slump on Wall Street, despite positive U.S. economic data. Japan's Nikkei 225 fell 0.3%, while Hong Kong's Hang Seng dropped 1%. Rising bond yields, driven by strong job market reports, pressured stock prices as investors shifted towards safer Treasury bonds. In energy trading, U.S. crude rose to $74.67 a barrel, and the euro traded at $1.0346. The upcoming U.S. job market update is anticipated to show a slowdown in hiring, raising concerns about inflation and interest rate cuts.
The SONIC token, linked to Sonic SVM, a layer-2 solution on the Solana blockchain, has launched on major exchanges, starting at $0.98 and achieving a fully diluted valuation of $2.3 billion shortly after. Available for trading on Bybit, OKX, Backpack, and Raydium, SONIC offers perpetual contracts and spot trading options. Upbit, South Korea's largest exchange, is set to list SONIC trading pairs in KRW, BTC, and USDT, marking a significant advancement for Solana's gaming ecosystem.
South Korean Won
Currency
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
impact of bitcoin etfs on market dynamics and government selling pressures
South Korean Won
United States Dollar
BlackRock, Inc.
VanEck Bitcoin ETF
KOR
Yoon Suk Yeol
Donald Trump
10:12 14.01.2025
south korea plans corporate crypto accounts to boost industry amid regulations
18:50 13.01.2025
crypto market outlook 2025 pro crypto policies and emerging trends
11:23 13.01.2025
Cube Entertainment CEO accused of crypto investment scheme and legal troubles
17:10 10.01.2025
Tron surpasses Ethereum in USDT transactions highlighting blockchain efficiency and transparency
11:30 10.01.2025
investors shift focus as toncoin struggles and 1fuel gains momentum
13:42 09.01.2025
asian stocks decline amid trade friction concerns and economic uncertainty
South Korean Won
Japanese Yen
Australian Dollar
Hong Kong Dollar
United States Dollar
Meta Platforms, Inc.
eBay Inc.
IND
HKG
THA
USA
CHN
AUS
TWN
JPN
KOR
Jimmy Carter
Stephen Innes
Christopher Wallerstedt
Donald Trump
Show more
05:53 09.01.2025
asian markets decline as wall street slumps despite strong us economic data
Japanese Yen
Australian Dollar
South Korean Won
Euro
United States Dollar
CATLOKI USD
TENCENT
KOR
CHN
HKG
AUS
JPN
USA
Stan Choe
Ohsung Kwon
Show more
05:22 08.01.2025
asian markets decline as wall street slumps despite strong us economic data
Japanese Yen
Australian Dollar
South Korean Won
Euro
United States Dollar
CATLOKI USD
TENCENT
KOR
CHN
HKG
AUS
JPN
USA
Ohsung Kwon
Show more
05:22 08.01.2025
sonic token launches on multiple exchanges achieving 2.3 billion valuation
22:00 07.01.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Central Bank Actions
Industry Mergers & Acquisitions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Microsoft Corporation
UBS Group AG
Credit Suisse Lux Digital Healt
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
NVIDIA Corporation
AXA SA
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: