Month: September 2025

Naver to Acquire Upbit Operator Dunamu in Stock Swap Deal

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Naver Financial, the fintech arm of South Korean tech conglomerate Naver, is reportedly forging ahead with a plan to acquire Dunamu, which operates the country’s largest crypto exchange, Upbit, amid plans for a stablecoin project and expansion into the digital finance sector. Naver will acquire Dunamu by making it a subsidiary via a share exchange, and board meetings to approve the stock swap will happen soon, South Korean news agencies Yonhap News and Chosun reported on Thursday, citing industry sources.  Naver is often called the “Google of South Korea,” and…

Wall Street Could Get an ETF for Crypto Treasury Firms

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Wall Street could soon be getting a new exchange-traded fund that bundles up crypto treasury companies, alongside four other funds from crypto trading and market-making firm GSR. The company is looking to launch the GSR Digital Asset Treasury Companies ETF, according to a regulatory filing on Wednesday, which would invest in public companies such as the Bitcoin (BTC) buying Strategy or the Ether (ETH) holding BitMine Immersion Technologies. The filing, GSR’s first-ever foray into ETFs, also lists four other funds involving ETH and crypto staking, with one that looks to…

Dogecoin (DOGE) Struggles Again – Is Market Preparing For Another Sharp Drop?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Naver Financial expected to gain control of Upbit through share-swap deal

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Key Takeaways Naver Financial, the fintech arm of Naver, is expected to acquire full control of Dunamu, the operator of South Korea’s prominent Upbit cryptocurrency exchange, via a share-swap deal. The acquisition would make Dunamu a wholly owned subsidiary of Naver Financial, positioning Naver as the direct owner of Upbit. Share this article Naver Financial, the fintech subsidiary of South Korea’s dominant internet portal, is expected to gain full control of Dunamu, the operator of Upbit cryptocurrency exchange, through a share-swap deal that the two firms are preparing to approve.…

XRP Price Recovery Stalls – Traders Watching If Bulls Can Overcome Resistance

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

The Bitcoin Bear Market is Here… or at Least That’s What Peter Schiff Thinks

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Bitcoin critic Peter Schiff has doubled down on his stance, this time claiming the flagship cryptocurrency is in a bear market. However, the crypto community pushed back against his remarks, with many arguing that his analysis relied too heavily on short-term data. BTC Down 20% against Gold The economist dismissed Bitcoin in a September 24 post on X, stating it is “not living up to its hype.” He pointed out that the cryptocurrency has dropped 20% against gold since its August peak, a fall that he said means it’s in…

Ethereum Slips Lower – Will Continued Decline Lead To Double-Digit Losses?

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Ethereum price started a fresh decline below $4,120. ETH is now struggling and might decline further if it breaks the $4,050 support zone. Ethereum failed to extend gains and declined below the $4,150 zone. The price is trading below $4,150 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below $4,050 and $4,000. Ethereum Price Dips Again Ethereum price remained in…

Circle and Crossmint Expand Stablecoin Rails for Humans and AI

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Stablecoin company Circle’s venture capital arm has partnered with crypto infrastructure firm Crossmint to expand the USDC stablecoin across more blockchain rails as part of its aim to reach billions of users, including AI agents. “By combining Crossmint Wallets and APIs for stablecoin onramps, orchestration, and agentic payments with USDC […] we’re laying the foundation for a new era of finance: one where money moves near-instantly, access is global, and systems are built for both humans and machines,” Crossmint said on Wednesday when it announced the partnership with Circle Ventures.…

Fusaka to scale data availability with PeerDAS, says Vitalik Buterin

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Key Takeaways Fusaka’s PeerDAS system enhances data availability by having nodes verify only a subset of data chunks. PeerDAS is expected to support both Layer 2 and eventual Layer 1 Ethereum scaling as blob capacity increases. Share this article Ethereum co-founder Vitalik Buterin today outlined how Fusaka plans to scale data availability through its PeerDAS system, marking a novel approach to blockchain architecture where nodes won’t need to download complete data sets. The PeerDAS system operates by having each node request a limited number of data chunks to verify that…

Australia Drafts Law to License All Crypto Exchanges

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Australia is aiming to tighten regulations around crypto service providers, with draft legislation that would extend finance sector laws to crypto exchanges. Assistant Treasurer Daniel Mulino told a crypto conference on Thursday that the legislation is “the cornerstone of our digital asset roadmap,” which the Albanese Government released in March. “This is a preliminary version of the legislation, and we are seeking stakeholder feedback on its effectiveness and clarity before proceeding further,” he said. Currently, crypto exchanges that simply facilitate trading assets like Bitcoin (BTC) need only register with the…