Crypto News Today: Korean Bank Lends Against $82K Bitcoin as Pepeto Buyers Chase Early BTC Gains
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If you opened the crypto news today braced for bad headlines, the biggest story points the other way. Bitcoin had a rough Monday near $82,000. But that same day, Jeonbuk Bank became South Korea’s first lender to make loans backed by bitcoin, CoinDesk reported.
Strategy also added 250 BTC for $21.5 million, per The Block. The last time big money warmed to bitcoin, after the ETF green light in January 2024, BTC hit a new high within two months. The big coins are doing fine, yet attention is shifting to Pepeto, a presale whose $0 fee bridge already works.
What happened in crypto news today?
On Monday, October 12, Jeonbuk Bank made South Korea’s first bank loan backed by bitcoin, CoinDesk reported. That is a big step. Only companies can borrow for now, in Korean won, to cover running costs. A licensed firm keeps the bitcoin safe, Cointelegraph explained.
New court rules from October 1 let the bank sell it if a loan goes bad. Strategy now holds 848,250 BTC after paying an average of $86,194 per coin, per The Block. Banks and big buyers are making bitcoin normal money. That trust tends to spill into smaller coins next.
Latest movers: Pepeto, BNB, and NEAR in today’s headlines
Pepeto passes $11.1 million as its listing draws closer
Banks may be warming to crypto, but normal traders still pay too much just to move coins between chains. Pepeto was built to end that pain.
Its cross chain bridge moves tokens between Ethereum, BNB Chain, Solana, Base, and Arbitrum for a $0 bridge fee. Most transfers land in under 60 seconds. No toll, no long wait, no lost coins.
Other bridges charge $15 to $50 per move and take minutes or hours. A failed transfer can trap your coins for good. Pepeto locks your tokens in an audited contract, then creates them on the new chain once the lock is proven on chain.
If a transfer fails, the lock simply reverses, and no middleman ever holds your money. Every move you make keeps that $15 to $50 in your pocket. That is why news sites like CryptoSlate have covered it.
Even with a working bridge, a single token still sells for $0.00000019. Buyers have put in more than $11.1 million, a clear sign that demand keeps growing.
The price rises with every new stage, and buyers who stake earn 160% APY while the presale runs.
What drives the buying is that the tools are live. The bridge and PepetoSwap, its zero fee exchange, both run today. Not next year. Today.
Working tools plus a stage price that only climbs make Pepeto the top buy in this week’s headlines.
BNB
BNB trades near $743.47 on CoinMarketCap, down 1.1% over the past day. On October 12, Binance opened its free AI trading tool to all English users, The Block reported.
About 150,000 people tested it first. More tools keep more traders on Binance. That is a quiet win for BNB. At $99 billion in value and about 46% below its $1,370 record, getting back to that high is the realistic goal.
NEAR
NEAR sits at $5.17 on CoinMarketCap after a 10.3% daily pullback. That dip came right after a big run. On October 12, NEAR jumped 10% to its highest level since December, CoinDesk reported. Open bets on it grew 17%, so traders like what they see. After a climb that steep, a pause is healthy. At $6.8 billion, though, NEAR has likely done its fastest running.
Conclusion
The crypto news today shows banks starting to trust bitcoin, with Jeonbuk Bank lending against it and Strategy still buying. Yet for new money, the bigger story is Pepeto, whose live bridge keeps pulling buyers in. The numbers show plenty of room to run as the Binance listing gets closer, and each stage that closes ends a lower price for good.
Bitcoin’s early holders turned a few thousand dollars into fortunes, and most of them still wish they had bought more. Pepeto offers that same early stage, before the banks care. The Pepeto official website is where today’s buyers line up for the biggest gains when the listing lands.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the top crypto news today?
The biggest crypto news today is Jeonbuk Bank’s first loan backed by bitcoin in South Korea. Pepeto’s presale is also pulling in buyers as its listing gets closer.
Is a crypto crash coming after this week’s drop?
Pepeto buyers are betting the other way, because banks now lend against bitcoin and that trust lifts the whole market. The presale is open on the Pepeto official website.
