Search results for Oct. 2
Crypto
XRP weekly death cross nears, at crossroads for further decline or bottom signal
XRP is nearing a weekly death cross as its 20-week exponential moving average approaches a drop below the 200-week simple moving average, putting its next price move in focus. The gap between the indicators is narrowing, with the 20-week EMA at $1.34 and the 200-week SMA at $1.209. Analysts cite past episodes in 2022, 2019 and 2020. Traders are watching $0.8 to $0.9 as the next key support zone.
Crypto
Bitcoin short-term holders\' losses deepen as 50,000 BTC move to exchanges
Bitcoin short-term holders have moved a large amount of loss-making coins to exchanges, raising renewed concerns about near-term capitulation. About 50,000 BTC flowed to exchanges over the past 24 hours, the largest since June 4, and 9,500 BTC went to Binance. CryptoQuant data show the market value of short-term holders’ positions fell to $237.7 billion. Long-term holders, however, sent a record 181,000 BTC to accumulation addresses.
Games & Commerce
Korean game studios diversify console strategies to extend IP life beyond platform expansion
Korean game companies are pushing into consoles as part of broader strategy shifts, expanding hit titles to new devices while building new games for PC and consoles from the outset. The move reflects slower mobile user growth, genre concentration and heavy reliance on domestic revenue. Console markets can support longer sales through DLC, bundles, physical packages, merchandise and sequels for global audiences. Companies are also adopting demos, early access and community feedback ahead of launch.
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Games & Commerce
Neowiz to launch \'Lies of P\' on Nintendo Switch 2 on Aug. 6
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Finance
KB Financial starts process to select next chair, final candidate due Sept. 11
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Telecommunications & Media
Broadcast Media Telecommunications Commission to hold digital ethics creative content contest
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Industry
Korea Post to run summer safety and health management for workers ahead of heatwaves, heavy rain
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AI & Enterprise
OpenAI completes appointment of local representative in South Korea