News
12 Aug 2025, 07:04
Wisconsin Proposes New Regulations for Bitcoin Kiosks Amid Rising Fraud Concerns
Wisconsin’s new legislation aims to regulate crypto kiosks to protect consumers from fraud, which saw losses of nearly $247 million last year. Senate Bill 386 and Assembly Bill 384 propose
12 Aug 2025, 07:03
Record Inflows into Spot Ether ETFs Suggest Growing Institutional Interest Amid ETH’s Recent Surge
Spot Ether ETFs saw their largest net inflow day ever, totaling $1.01 billion, as Ethereum’s price surged 45% in the last month, significantly outpacing Bitcoin ETFs. Record inflows into Ether
12 Aug 2025, 07:02
Ethereum ETFs Surge as BlackRock Takes the Lead
Spot Ethereum ETFs in the U.S. surpassed $1 billion in net inflows. Continue Reading: Ethereum ETFs Surge as BlackRock Takes the Lead The post Ethereum ETFs Surge as BlackRock Takes the Lead appeared first on COINTURK NEWS .
12 Aug 2025, 07:00
HYPE’s price hits key level, but is $50 REALLY on the way?
A key level is here, but what does that mean for the road ahead?
12 Aug 2025, 07:00
South Korean Investors Shift To Crypto-Related Stocks Amid Stablecoin Push – Report
South Korean retail investors have recently shifted their focus when investing in overseas stocks, moving from US big tech stocks to crypto-related equities amid growing global interest in the sector. South Korean Investors Turn To Crypto Stocks Over the past few months, South Korean individuals investing in overseas stocks have shifted from US big tech equities to crypto-linked stocks, recent data showed, with a focus on stablecoin-related companies. Citing data from the Korean Center for International Finance (KCIF), Yonhap News Agency reported that the percentage of crypto-linked equities in the top 50 net-bought stocks by local retail investors increased from 8.5% in January to 36.5% in June before dropping to 31.4% last month. Meanwhile, net purchases of the top seven US big tech stocks declined nearly 74% from a monthly average of $1.68 billion between January and April to $440 million in May, further dropping to $260 million in July. According to the report, South Korean investors became net sellers of overseas stocks in May and June but returned to net buying in July with $499 million in purchases. Nonetheless, the new momentum was considerably weaker compared to the $3.8 billion monthly average buying between January and April. “Since June, the domestic stock market has outperformed overseas markets, while the local currency has strengthened, prompting individual investors to withdraw their investments from foreign markets,” Yonhap News Agency noted, citing the KCIF report. On Monday, Bloomberg also highlighted that South Korean retail investors have flocked to BitMine Immersion Technologies over the past month, as investors “continue to be drawn to the kind of high-risk, high-reward opportunities on offer in crypto.” The news media outlet reported that local retail investors have poured $259 million into Bitmine stocks since the start of July. According to Korea Securities Depository data, this made the company the most purchased foreign security stock during that period. Notably, BitMine is a Bitcoin and Ethereum Network Company “with a focus on the accumulation of Crypto for long-term investment.” It recently became the largest ETH treasury in the world and the third-largest crypto treasury globally, with its holdings surpassing 1.15 million ETH, valued at $4.96 billion at current prices. Retail Shift Fueled By Stablecoin Momentum According to the KCIF report, the surge in crypto-related equities, and particularly stocks related to stablecoins, follows the passage of landmark crypto legislation in the US. President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law last month, setting a framework for much-needed stablecoin regulation and innovation in the country. Amid the US push, stablecoins have also seen growing momentum in several jurisdictions, including South Korea. In June, a member of the Democratic Party of Korea (DPK) proposed a comprehensive legislation to establish a more structured regulatory framework for crypto assets in the country, which included a licensing system for stablecoin issuers. In July, South Korea’s ruling and opposition parties also proposed rival bills to establish a regulatory framework for digital assets pegged to the Korean Won (KRW) to advance the ongoing efforts to institutionalize the sector. As reported by Bitcoinist, the banking sector is preparing for the upcoming legislation, studying two legalization scenarios, as it remains unclear whether non-bank entities will be allowed to be stablecoin issuers. The financial institutions are also considering a business model in which banks establish a joint venture to collectively issue stablecoins, and have reportedly contacted various non-bank companies to prepare for the legalization and issuance of KRW-pegged digital assets.
12 Aug 2025, 07:00
Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run
Bitcoin and Ethereum prices began to rally over the weekend, and interestingly, ETH was able to beat the $4,000 level for the first time in eight months. Bitcoin also recovered from its crash below $113,000 the previous week, taking the rest of the crypto market with it. Naturally, the reversal to bullish sentiment has brought investors out of the woodwork, with predictions now circling for where both Bitcoin and Ethereum prices are headed. Bitcoin To $150,000 And Ethereum To $8,000 Ex-Wall Street trader Vivek Raman has shared a prediction that has reignited hope once again in crypto investors. This comes after a notable weekend rally and the possibility of Bitcoin and Ethereum reaching brand-new all-time highs soon. Despite this already impressive rally, Raman does not believe that the move is over, sharing a near-term prediction for both cryptocurrencies. Related Reading: Bitcoin Nears $120,000 Again As El Salvador Opens Bitcoin Banks In the post, the pundit uses the ETHBTC chart, which has been on fire lately, to predict where both digital assets are headed next. Raman was responding to another crypto analyst, Pentoshi, who believes the ETHBTC chart was headed to 0.055 after moving above 0.036. Breaking this down, Raman explains that reaching this level would mean that the Ethereum price would be at $8,250 per coin, pushing it to a $1 trillion market cap. Amid this, he believes that the Bitcoin price could hit as high as $150,000 in the near term, making the likelihood of ETH touching $8,000 higher. The push for Ethereum to hit $8,000 comes amid ETH treasury companies gaining ground recently. Raman suggests that investors could rotate from Bitcoin treasury companies into ETH, triggering a Wall Street run on Ethereum. Looking at the longer timeframe, Raman forecasts that the Bitcoin price could hit as high as $250,000. At the same time, the Ethereum price is expected to hit $25,000, which would put the ETH market cap at a whopping $3 trillion market cap while Bitcoin moves in on a $10 trillion market cap. BTC And ETH Getting Big Predictions Raman is not the only crypto pundit who has shared major predictions for the Bitcoin and Ethereum prices recently. According to a report from Bitcoinist, another analyst Fapital has shared where they expect both Bitcoin and Ethereum to be by 2032. Related Reading: XRP Price Could Explode To $3.8 Amid Trend Continuation Fapital puts the Bitcoin price as high as $889,969, with Ethereum as high as $28,000 during this time. While both predictions span between shorter and longer timeframes, there is a similarity in the exception that the Ethereum price will eventually cross the $20,000 target. Featured image from Dall.E, chart from TradingView.com