Crypto

Bitcoin and gold rise together as dollar weakens, scarce assets gain

Bitcoin has risen 23.2 percent over the past seven days to above $78,000, while gold has also climbed and the dollar has weakened. The move gathered pace after the U.S. Treasury said it would increase its plan to buy long-term government bonds by at least two times. Analysts cited shifting institutional sentiment and a narrative of bitcoin as a digital hedge, though others said it was too early to read it as a collapse in dollar confidence.

Finance

Kakao valuation method shifts after split as AI premium faces X discount

Kakao's decision to split into KakaoAI and KakaoX is changing how investors assess its shares. Analysts had cited a conglomerate discount as a key reason the stock traded well below sum-of-the-parts value, but initial market reaction was negative. The issue is now seen as two separate challenges: a net asset value discount applied to KakaoX and whether KakaoAI can justify a higher AI valuation multiple through revenue growth and monetisation.