• Sep 03, 2024

Cryptoverse: Bitcoin ETFs take $50 billion baby steps toward big time

Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds (ETFs) to attract $55 billion of assets in their first five years. "Clearly, I wasn't being bullish enough," Hougan, CEO of crypto firm Bitwise Investments, reflected wryly.

  • Sep 02, 2024

Bank of Korea sees inflation staying stable for time being

South Korea's central bank said on Tuesday that consumer inflation was expected to maintain the current stable trend for the time being. The Bank of Korea said inflation was stabilising more quickly than in other major economies, in a statement released after data showed inflation reached the central bank's target in August.