Express News | Jeonbuk Bank of South Korea has launched a Bitcoin-backed loan service.

On October 12, Edaily reported that Jeonbuk Bank of South Korea has launched a Bitcoin-backed loan service. Initially, the service will accept only Bitcoin as collateral and will be offered on a limited basis to corporate clients. The bank plans to consider expanding the scope of this service in the future, depending on market demand and regulatory developments.

Latest11:38

Saylor signaled an increase in Bitcoin holdings, with MicroStrategy (MSTR.US) prioritizing cash accumulation before proceeding with share buybacks.

Michael Saylor hinted that MicroStrategy will implement Bitcoin-related strategies in the future, and the company completed a share repurchase through the STRC program in September, while building

Zhitong Finance11:02

Drawdown Narrows to 53%: Bitcoin Cycle Reshaping and New Bull Market Signals

BloFin Research notes that the four-year cycle of Bitcoin is losing its influence, with both declines and gains narrowing. Although recent ETF outflows have triggered volatility, a break above the 50-

Zhitong Finance11:01

U.S. Treasury yields breaking above 5% have weighed on Bitcoin, with institutional outflows causing it to fall 33% short of its all-time high.

The 10-year U.S. Treasury yield rose to 5.3%, hitting a new high since 2007, pushing up borrowing costs and strengthening the dollar, which has prompted capital to flow from riskier assets like

Zhitong Finance11:00

Citi (US: C) warns of cuts to long-term debt: U.S. Treasury strategy shifts, putting pressure on crypto markets

Citi predicts that the U.S. Treasury will reduce issuance of 20- and 30-year Treasury bonds, shifting instead to short-term debt. Although short-term borrowing costs are lower, soaring long-term

Zhitong Finance10:58

Express News | A whale sold 410.14 Bitcoin to rotate into Ethereum, with the ETH position valued at $36.14 million.

On October 12, data from Lookonchain indicated that a mysterious whale was selling Bitcoin to rotate into Ethereum. The entity sold 410.14 Bitcoin, valued at $34.16 million, and subsequently purchased 14,341 Ethereum on a decentralized exchange (DEX), valued at $36.14 million.

Latest09:54