A monumental move in the Asian financial landscape has put digital assets front and center: the South Korean National Pension Service (NPS), the world’s third-largest pension fund with over $930 billion in assets under management, has been formally urged to include Bitcoin investment and other crypto assets in its portfolio. The recommendation was presented by Kab Lae Kim, a senior research fellow at the prestigious Korea Capital Market Institute (KCMI), during a recent local conference, signaling that the time has come for the state giant to break the barrier of caution.
Author: ethan
ethan
Ethan focuses on altcoins and emerging blockchain ecosystems, covering new projects, sector expansion, and shifting narratives across the crypto landscape. His work looks at how ecosystems grow and interact, beyond short-term price movements.He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.
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Riot Platforms drew two Wall Street upgrades after signaling a shift toward artificial intelligence and high-performance computing. JPMorgan lifted the stock to Overweight with a $19 target, while Citigroup raised it to Buy with a $24 target. Both banks expect Riot to rent out its data centers to customers who bring their own servers, a model known as colocation.
OpenAI and recent reports show no large-scale layoffs from AI so far, even as workplaces shift quickly. Estimates point to about 26% of roles set for major change under generative AI, while broader automation exposure climbs toward 2030 and 2045. Firms and training boards are urged to track these numbers closely.
The prominent cryptocurrency exchange Kraken has successfully closed a new funding round for $500 million, thereby raising its total valuation to $15 billion. The scoop, which rocked the market this Friday, September 26th, was originally reported by Fortune magazine, confirming robust investor confidence in one of the most established players in the digital asset ecosystem.
The cryptocurrency market is experiencing noticeable caution this Friday, with major digital assets like Bitcoin (BTC) and Ethereum (ETH) showing slight declines. The main cause is a growing risk-off sentiment among investors, who are awaiting the release of the U.S. Personal Consumption Expenditures (PCE) price index. This report, to be released by the Bureau of Economic Analysis, is a key inflation indicator for the Federal Reserve.
The two largest crypto assets, Bitcoin and Ether, are seeing intensified selling and buying ahead of the monthly settlement. Several billion dollars of contracts closing on the same day, and past records show such clusters often widen the daily price range. Risk officers and institutional desks must roll or flatten positions before the cut off.
Nigel Farage will deliver the keynote at Zebu Live 2025 on 21–22 October at Tobacco Dock, London. His booking revives arguments about political motives, state rules and the mass use of crypto assets. The Web3 conference, promoted as the United Kingdom’s largest, sets a stage where policy and technology collide. Organisers placed a divisive politician in front of coders, investors and regulators, aiming a programme that covers tax rules, a possible bitcoin reserve and the disclosure of campaign funds. Confirmed participants include staff from Coinbase as well as Solana, and organisers expect more than 4,000 attendees. Farage’s proposals and experts…
South Korea’s ruling Democratic Party has set up a Digital Asset Task Force to draft rules for cryptocurrencies and won-based stablecoins before December. The initiative seeks a legal framework spanning issuers, banks, exchanges, and the Bank of Korea while balancing innovation with financial stability and limiting capital outflows. The plan includes a dedicated policy for won stablecoins and completion of the Digital Asset Basic Act.
The Avalanche ecosystem is facing a complex landscape after its native cryptocurrency, AVAX, recorded a sharp drop in its price and in the open interest of derivative markets. According to a recent report from on-chain analytics firm Glassnode, the massive liquidation of long positions during Thursday’s Asian trading session triggered the contraction, showing that market expectations outpaced the reality of the network’s recent performance.
The Bastion platform has secured a $14.6 million investment led by major technology and cryptocurrency funds to boost its stablecoin infrastructure service. Coinbase Ventures, Sony Innovation Fund, Samsung Next, a16z crypto and Hashed participated in this round, bringing the company’s total funding to more than $40 million. Institutional interest in “Stablecoin-as-a-Service” products is growing, allowing companies to launch digital currencies while complying with regulations.
