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Crypto
Bitcoin slides in downturn as retail investors opt for spot buying and long bets
Bitcoin slipped to around $72,000 and tested the lower end of its monthly trading range amid selling across spot, futures and spot bitcoin ETF markets, Cointelegraph reported. Some indicators, however, showed demand for dip-buying. Retail investors increased spot purchases and expanded long positions, with a retail futures metric topping 64 percent. The report cited ETF outflows, renewed U.S.-Iran military clashes, inflation worries and uncertainty over the Senate passage of the Clarity bill.
Crypto
CZ warns most AI companies will fail as Anthropic and OpenAI valuations soar
Binance founder Changpeng Zhao warned that many of today’s AI companies will eventually disappear, even as the sector continues to grow exponentially. He said survivors could face sharp price swings and that only a few long-term winners may emerge after an early funding rush. His comments come as valuations jump at private AI firms such as Anthropic and OpenAI, while questions persist over profitability and heavy spending.
Crypto
Bitcoin long-term holdings hit record high, market warns of lack of new demand
Bitcoin long-term holder supply has risen to a record 15.8 million bitcoin, but the move is not necessarily a bullish signal, analysts say. CryptoQuant said the increase can reflect slower trading and insufficient short-term buying rather than fresh inflows. Short-term holder supply has fallen sharply since late 2025, partly due to automatic reclassification. Whale and mid-sized holder accumulation has also stalled, a pattern CryptoQuant compared with 2022.
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Finance
Samsung Electronics opens 2,000 trillion won market cap era, closes in on bitcoin
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Crypto
Coinone becomes latest crypto exchange target in stake-buying race after Dunamu
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Finance
KB Kookmin Bank introduces electronic braille service to internet banking
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People & Company News
iM Financial marks 15th anniversary with expanded inclusive finance, May coexistence campaign
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Sports
Shinhan Bank to open KBO All-Star Game fan voting on June 1
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AI & Enterprise
PIPC pushes to expand MyData services, strengthen links in healthcare and energy
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Industry
SK On shifts to sole CEO Yong-wook Lee as Seok-hee Lee steps down
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Finance
KOSPI ends at record high around 8,470; KOSDAQ falls more than 2 percent
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Telecommunications & Media
Acoustune unveils USB-C audio dongle for iPhone supporting LDAC and aptX Lossless
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Telecommunications & Media
Bammitongwi supports creators' overseas IP business, posts 10 billion won in talks
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Crypto
Bitcoin may correct into $60,000s as spot demand weakens and long liquidation risk grows
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Crypto
Coinone raises investment from Korea Investment Securities and OKX Ventures to expand digital finance
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Finance
KB Kookmin Bank launches 'KB Global Star' savings account for foreigners, offers up to 5.5 percent
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Finance
Savings banks sustain profit after PF cleanup; expanding loans for lower-credit borrowers remains task
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Crypto
Silver shows signs of deeper weakness as focus turns to whether $71 support holds