Search results for Oct. 4
Crypto
Bitget CEO says will buy bitcoin again at $50,000, cautious despite rebound
Bitget CEO Gracy Chen (그레이시 첸) said she does not see the recent bitcoin rebound as a sign the bear market has ended and views around $50,000 as her personal re-entry level. She kept open the possibility of further declines even after bitcoin rose to $79,000 and said she holds a large share of her portfolio in stablecoins. Chen said she could increase exposure if bitcoin falls more than $25,000 from current levels.
Finance
IBK Industrial Bank of Korea to hold 2026 Ipkeu Festival on Oct 3-4
IBK Industrial Bank of Korea will hold a cultural event combining music and hands-on programs on Oct. 3 to 4 at KINTEX in Ilsan, Goyang, Gyeonggi Province. The bank is expanding the festival from one day to two days this year and will feature performances by 16 singers and groups. Ticket applications are open through Aug. 31 via a personal app, with winners to be notified by text message on Sept. 8.
Crypto
Peter Brandt says Bitcoin bottom is Oct. 4, sees $300,000 in 2029
Veteran trader Peter Brandt (피터 브란트) pinpointed Oct. 4 as the likely bottom of the current Bitcoin cycle. He said current levels could be the low, but left open the possibility of another drop below $50,000, potentially into the high $40,000s, if a further selloff occurs. He said major Bitcoin bear markets have seen corrections of more than 80 percent from peaks and projected a 2029 cycle high of $250,000 to $300,000.
