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South Korea Approves Bitcoin and Altcoin Investments! While Bitcoin and altcoins are experiencing declines, South Korea is preparing for a significant change in its approach to cryptocurrency investment. The Financial Services Commission (FSC) plans to allow companies to invest in cryptocurrencies, local news agency Yonhap reported. This move is seen as a big step forward for the country’s cryptocurrency industry, and it was stated that this move could attract new opportunities for businesses to invest in South Korea. The report reported that the FSC plans to gradually allow institutional investors to open trading accounts on cryptocurrency exchanges. Under South Korea’s financial information usage law, only retail investors verified by the government are currently allowed to trade crypto. While the country has not imposed an outright ban on institutional investors, the FSC has advised banks to prohibit and restrict institutions from opening accounts on exchanges. The removal of restrictions and bans on institutions is expected to be positive for both the crypto industry and the country. #SouthKorea #cryptocurrencies #cryptomarket #altcoin #CryptoNews
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South Korea Approves Bitcoin and Altcoin Investments!
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NVIDIA GTC 2025 to Host Landmark Quantum Day Event NVIDIA announces its inaugural Quantum Day at GTC 2025, aiming to explore advancements in quantum computing and its future applications. In a significant move towards advancing quantum computing, NVIDIA has announced its first-ever Quantum Day, set to take place at the GTC 2025 conference on March 20. This event aims to shed light on the current state and future potential of quantum computing, according to NVIDIA’s official blog. Exploring the Quantum Future Quantum computing is heralded as a groundbreaking development in computer science, promising to revolutionize fields such as drug discovery, materials development, and financial forecasting. The technology is expected to solve problems previously considered impractical or even impossible. At GTC 2025, NVIDIA intends to explore these possibilities by bringing together industry leaders and experts. Keynote and Industry Leaders NVIDIA founder and CEO Jensen Huang will lead discussions alongside executives from prominent companies, including Alice & Bob, Atom Computing, D-Wave, Infleqtion, IonQ, Pasqal, PsiQuantum, Quantinuum, Quantum Circuits, QuEra Computing, Rigetti, and SEEQC. These industry leaders will provide insights into the latest advancements in quantum hardware, error correction, and algorithms. Comprehensive Sessions and Training Quantum Day will feature various sessions designed to educate and inspire. Attendees can expect: Exploratory sessions on the current capabilities and future directions of quantum technologies. A developer day session focusing on NVIDIA’s collaborations to further quantum computing. Hands-on training for using advanced tools to develop quantum hardware and applications. A special address unveiling NVIDIA’s latest quantum computing innovations. The event aims to provide a balanced perspective on what businesses can anticipate from quantum computing in the coming decades, setting the stage for practical applications. #NVIDIA #NvidGTC2025 #cryptomarket #cryptocurrencies #CryptoNews
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NVIDIA GTC 2025 to Host Landmark Quantum Day Event
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FOMC Meeting Could Trigger Bitcoin’s Price Surge by January End Some traders expect a Bitcoin price surge as the January FOMC meeting nears. Bitcoin hovers around $96,794 in a narrow range. Recent market volatility and certain crypto market trends hint at an upcoming move, as roughly half of traders keep watch. How the FOMC Meeting and Market Volatility Could Influence Bitcoin’s Price Surge Technical Analysis Points to Imminent Breakout 10x Research head Markus Thielen expects movement before the January 29 FOMC meeting. “Bitcoin trades within a narrowing triangle, signaling a breakout is imminent — likely no later than the January 29 FOMC meeting,” Thielen said on January 14. About half of crypto market trends follow wider economic shifts. Federal Reserve’s Stance and Market Impact The FOMC plans its first rate choice of 2025 soon. Some measures of market volatility point up. Bitfinex noted on January 13 that this was “one of the most hawkish stances from the Fed in recent months.” Many traders think the next Bitcoin price surge depends on Fed choices. Price Action and Presidential Transition Markets wobble as Trump’s inauguration draws closer. Around 38.3% of CME FedWatch users see no rate cuts through June 2025. Lark Davis noted, “Bitcoin is repeating similar price action as the last presidential election and inauguration,” looking at old patterns. Consumer Price Index and Market Expectations Most traders watch inflation data closely. Thielen suggests lower inflation might spark a Bitcoin price surge. “From a trading perspective, the best approach is to follow the breakout, regardless of direction,” he said. Several cryptocurrency forecast models predict sideways trading until March. #FOMC #Bitcoin #cryptocurrencies #cryptomarket #CryptoNews
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