Bitcoin’s surge toward the $124,000–$126,000 zone in early October 2025 may have marked the turning point of the cycle rather than the start of a new leg higher.

Mirae Asset Consulting, an affiliate of South Korea’s financial services group Mirae Asset, has agreed to acquire a 92.06% controlling stake in cryptocurrency exchange Korbit for approximately 133.5 billion KRW ($92–$93 million) in cash. The transaction, disclosed on February 13, 2026, marks one of the most significant traditional finance (TradFi) entries into Korea’s tightly regulated digital-asset sector.

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