Today in crypto: Bitcoin needs 6.24% to finish 2025 in the green, Mirae Asset Group is reportedly in talks to acquire South Korea’s crypto exchange Korbit. Meanwhile, Bitmine begins staking ETH, deposits $219M into Ethereum PoS contract.
Bitcoin needs a 6.24% boost, or it ends 2025 lower than the start of the year
The price of Bitcoin (BTC) must rally by 6.24%, above the $93,374 recorded at the start of January, to end the year higher, according to market analyst Nic Puckrin.
“3 days for Bitcoin to recover and close up on the year. If not, this will be the first post-halving year we close in the red. 6.24% required to make this a green candle,” Puckrin said.
Although several analysts forecast Bitcoin price targets between $180,000-$250,000 by the end of 2025, macroeconomic headwinds and a price shock from October’s historic flash crash have caused BTC to decline by about 30% from the all-time high of over $125,000.
Investors and analysts are now watching for signs of a further price decline in 2026 or if easing liquidity conditions will drive BTC to new all-time highs in the new year.
Mirae Asset in talks to buy Korean crypto exchange Korbit in $100M deal: Report
Mirae Asset Group is in talks to acquire Korbit, South Korea’s fourth-largest cryptocurrency exchange, in a deal valued at roughly 100 billion to 140 billion Korean won ($70 million to $100 million).
The potential acquisition would be led by Mirae Asset Consulting, a non-financial affiliate of the group, which has reportedly signed a memorandum of understanding with Korbit’s major shareholders, according to a Sunday report from The Chosun Daily.
Korbit is primarily owned by NXC and its subsidiary Simple Capital Futures, which together hold about 60.5% of the exchange. SK Square owns an additional 31.5% stake.
Korbit holds a full operating license and compliance infrastructure, which could make it an attractive entry point for a major financial group seeking regulated exposure to digital assets.
Bitmine begins staking ETH, deposits $219M into Ethereum PoS contract
Ethereum treasury firm Bitmine has begun staking its Ether holdings depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake (PoS) system.
On Sunday, multiple wallets linked to Bitmine sent large Ether (ETH) transfers to a contract labeled “BatchDeposit,” onchain data from Arkham shows. The transfers totaled 74,880 ETH, a pattern typically associated with institutional staking setups that aggregate funds before validator creation.
“The largest Ethereum treasury company Bitmine (BMNR) has finally started attempting to stake its held ETH to earn interest income,” EmberCN said in a post on X.
“This is their first time staking, and they now hold 4.066 million ETH, with an approximate APY of 3.12%. If all of it were staked, they could earn about 126,800 ETH in interest over a year, which at the current price of $2,927 would be worth $371 million,” the onchain analyst said.
