Bitcoin has been trading at a discount against the South Korean won for nearly a month, reaching its deepest gap of 3.1% since February 2021 on June 1. Despite global prices around $70,767, South Korean exchanges like Upbit and Bithumb have priced bitcoin roughly 2-3% lower, reflecting subdued local demand. This shift coincides with a strong rally in South Korea's KOSPI index, driven by AI and semiconductor stocks such as SK Hynix and Samsung Electronics, which may be diverting investor interest away from cryptocurrencies. The persistent discount suggests that domestic bitcoin demand is lagging behind global trends, even as major exchanges maintain high trading volumes.
Nvidia CEO Jensen Huang personally reviews and approves the pay for all 42,000 employees, consistently increasing the company's spending on salaries. Huang believes in paying employees as much as possible, arguing that taking care of people leads to ...
Bitcoin has historically fallen 77-84% following Federal Reserve Chair transitions due to early hawkish policies and liquidity tightening. Past declines coincided with major market shocks and aggressive Fed tightening cycles. However, the upcoming 20...
Solana's price fell to $61, its lowest in 31 months, driven by institutional investors selling off their holdings due to mounting losses. SOL Spot ETFs turned negative after a month of gains, signaling growing bearish sentiment. The altcoin's Relativ...
Several cryptocurrencies promoted by Arthur Hayes, including ZEC, NEAR, HYPE, and WLD, have experienced sharp declines, with ZEC losing over 61% from recent highs. This has sparked debate about the influence of high-profile investors on retail trader...
An analyst from TradingShot predicts Nvidia's stock could fall to $125 by mid-October 2026, based on technical chart patterns showing a potential cycle peak similar to those in 2018 and 2022. This forecast suggests a prolonged correction despite Nvid...
