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Crypto

Three paths could shape bitcoin, Arthur Hayes says Fed is key

BitMEX co-founder Arthur Hayes said the key variable for a bitcoin rebound is whether the U.S. Federal Reserve supplies liquidity. He outlined three main paths and one middle case for investors, excluding an extreme nuclear-war scenario. Hayes pointed to job shocks in the U.S. from AI, possible Iranian control of the Strait of Hormuz and a U.S. move to reopen it by force. He said bitcoin could be range-bound until the Fed acts.

Crypto

Alibaba AI sees XRP at $7 by Christmas

A data-driven AI model from Chinese tech company Alibaba projected that XRP could rise to $7 by Christmas on Dec. 25. The model flagged $7 as a consistent output across multiple data-input clusters, analysts said. Some analysts extended the analysis to include faster institutional adoption and Ripple’s cross-border payment partnerships, producing a scenario as high as $42 under accelerated conditions. XRP trades around $1.32, implying gains of about 430 percent to reach $7.

Industry

Asung Daiso 2025 operating profit rises 19.2 percent to 442.4 billion won

Asung Daiso said on April 14 its 2025 sales rose 14.3 percent from a year earlier to 4.54 trillion won, while operating profit increased 19.2 percent to 442.4 billion won. The company attributed the gains to the spread of value-focused, rational consumption amid consumption polarization driven by high inflation. It also cited expanded strategic products such as cosmetics, fashion and health supplements, and strong demand for seasonal and series items.