Suehyeon Lee

Samsung, SK Hynix Leveraged Product Investors Lost $1.7 Billion in Three Months

Retail investors who bought single-stock leveraged exchange-traded products tied to Samsung Electronics Co. and SK Hynix Inc. are estimated to have lost about $1.7 billion over roughly three months. Bloomberg’s analysis of data that lawmaker Choi Eun

Bitcoin Slides Toward $84,000 as Iran Ship Attacks Lift Oil, Treasury Yields; Altcoins Weaken

Bitcoin fell toward $84,000 as rising oil prices and higher U.S. Treasury yields, driven by Iran's expanded attacks on ships in the Strait of Hormuz, weighed on risk appetite. CoinDesk reported on October 7 that Bitcoin was trading around $84,200 in

US Spot Ether ETFs See $201.9 Million in Net Outflows, Extending Streak to Six Sessions

More than $200 million flowed out of the US spot Ether exchange-traded fund market in a single day. Trader T data showed US spot Ether ETFs posted total net outflows of $201.9 million on Oct. 6. That marked a sixth straight trading session of net out

US Spot Bitcoin ETFs Return to Net Inflows of $118.8 Million After One Day

U.S. spot Bitcoin exchange-traded funds returned to net inflows after just one day. Trader T data showed U.S. spot Bitcoin ETFs recorded total daily net inflows of $118.8 million on October 7. BlackRock's IBIT led the inflows with $122 million. Morga

Securitize Shares Jump 8% on LG CNS Partnership Targeting South Korea Tokenized Securities Market

Securitize shares jumped after the tokenization platform signed a partnership with LG CNS to target South Korea’s tokenized securities market. Cointelegraph reported on October 7 that the stock rose as much as 8% to $12.60 in early trading. Securitiz

US Government-Linked Wallets Transfer $103 Million in Bitcoin, BNB

Cryptocurrencies worth a combined $103 million, including Bitcoin and BNB, were transferred out of wallets linked to the U.S. government. Wu Blockchain, citing on-chain analyst EmberCN on October 7, reported that a U.S. government-linked wallet sent

DAXA Publishes Policy Brief on Digital-Asset Institutionalization in South Korea

The Digital Asset eXchange Alliance, or DAXA, said on October 7 that it has published its “Digital Asset Policy Brief for the Second Half of 2026,” outlining policy tasks needed to institutionalize South Korea’s digital-asset market and the future di

Bitcoin Slides $2,000 in 20 Minutes, Liquidating $400 Million in Long Positions

Bitcoin (BTC) fell about $2,000 in 20 minutes, liquidating roughly $400 million of leveraged long positions in less than an hour. CoinGlass data on October 6 showed Bitcoin dropping about $2,000 in just 20 minutes, triggering the forced liquidation o

Bitcoin Falls More Than 2%, Drops Below $84,000; Ether and XRP Also Weaken

Bitcoin fell more than 2%, slipping below the $84,000 mark. As of 11:01 a.m. on October 7 in South Korea, Bitcoin was trading at $83,730.34 on Binance's USDT market, down 2.08% from a day earlier. At the same time, Bitcoin was trading at 114.3 millio

Kospi Hovers Near 6,900 as Foreign, Institutional Selling Weighs Ahead of Samsung Electronics Earnings

The Kospi hovered near the 6,900 level on Oct. 7, pressured by combined foreign and institutional selling even after U.S. stocks closed at record highs. According to the Korea Exchange, the Kospi stood at 6,899.77 as of 10:40 a.m., down 41.62 points,

XRP Token Transfers Drop Below Post-Breakout Baseline, Signaling Possible Loss of Momentum

An analysis suggests market activity in XRP is cooling as daily token transfers have fallen below the baseline established after the breakout that fueled the previous rally. In an analysis published on Oct. 6, CryptoQuant contributor R3N wrote that X

BitMine Buys 12,500 More Ether Worth $33.65 Million, Raising Holdings to 4.9% of Total Supply

BitMine, an Ethereum treasury company, bought an additional $33.65 million of Ether, moving closer to its goal of securing 5% of the token’s total supply. OnchainLens said on Oct. 6 that BitMine purchased and received 12,500 ETH from crypto custodian

Singapore MAS Says Hyperliquid May Be Outside Its Jurisdiction Amid Dispute Over Headquarters

Hyperliquid, a decentralized derivatives platform widely described as being headquartered in Singapore, may fall outside the regulatory jurisdiction of the city-state's financial authorities. U.Blockchain reported on October 6, citing the Financial T

South Korea to Require Cross-Border Crypto Transfers to Be Reported to BOK FX Network

Cross-border virtual-asset transfers involving South Korea will soon have to be reported to the Bank of Korea’s foreign-exchange computer network and shared with the National Tax Service, the Korea Customs Service, the Financial Supervisory Service a

SpaceX Seeks $40 Billion, Led by Apollo, to Buy Nvidia AI Chips

Elon Musk’s SpaceX is seeking to raise $40 billion to buy artificial intelligence chips from Nvidia, Bloomberg reported on October 6, citing the Financial Times. The company is pursuing about $10 billion in bank loans and a $30 billion investment-gra

[Today’s Key Economic and Crypto Events] U.S. September FOMC Minutes, Crude Oil Inventories on Tap

<Today’s Key Economic Events> ▶︎ Oct. 7 (Wednesday): △ U.S. crude oil inventories (10:30 a.m. ET; 11:30 p.m. Korea Standard Time) △ Minutes of the U.S. Federal Open Market Committee's September meeting (2 p.m. ET; 3 a.m. Korea Standard Time) <Today’s

Oil Steady With Hormuz Flows Recovering, Iran Vessel Attacks Rising; WTI Below $90

Oil traded in a narrow range as crude shipments through the Strait of Hormuz recovered while attacks on vessels by Iran increased. According to Bloomberg on October 6, West Texas Intermediate traded below $90 a barrel after sharp swings in the previo

Bitcoin Whales Accumulate 86,702 BTC in Three Weeks, Boosting Odds of a Break Above $90,000

Bitcoin is nearing the $90,000 level as major whale investors accumulated more than 86,700 BTC over the past three weeks. Santiment, a digital-asset analytics firm, said on Oct. 6 that wallets holding between 10 and 10,000 BTC added a combined 86,702

BNP Paribas Says Ending U.S. 20-Year Treasury Sales Could Backfire, Push Yields Higher

As speculation grows that the U.S. Treasury could stop issuing 20-year bonds to counter rising long-term borrowing costs, BNP Paribas has warned that such a move could instead push Treasury yields higher and worsen market liquidity. Bloomberg reporte

Ethereum L2 Abstract to Shut Down, Close Chain on Dec. 15 as Growth Stalls

Consumer-focused Ethereum layer-2 network Abstract will halt operations and close its chain on Dec. 15, citing stalled growth and a lack of liquidity. The Block reported on Oct. 6 that Abstract said in a post on X it had decided to stop operating the

Conduit Sues Tether, Says $2.76 Million in USDT Was Frozen Without Basis

Cross-border payments platform Conduit Technology has sued Tether, alleging the stablecoin issuer froze $2.76 million of USDT without justification. Cointelegraph reported on Oct. 6 that Conduit said in a complaint filed the previous day in the U.S.

Winklevoss-Backed Zcash Spot ETF Files Registration Statement With SEC

A spot Zcash exchange-traded fund backed by the Winklevoss twins has filed a registration statement with the U.S. Securities and Exchange Commission, beginning the listing process. Cointelegraph reported on Oct. 6 that the Winklevoss Zcash ETF would

Polymarket Unveils Protocol V2, Targets Mainnet Switch on Nov. 2

Decentralized prediction market Polymarket has unveiled Protocol V2, a sweeping overhaul of its infrastructure, and is targeting a mainnet transition on Nov. 2. Wu Blockchain reported on Oct. 6 that Rajath Alex, Polymarket's head of protocol, announc

U.S. Spot Ether ETFs See $50.76 Million in Net Outflows, Extending Streak to Five Trading Days

U.S. spot Ether exchange-traded funds continued to post net outflows. According to SoSoValue on Oct. 6, U.S. spot Ether ETFs recorded total net outflows of $50.76 million in the previous session. That marked the fifth straight trading day of net with

DigitalX Revamps App, Adds Generative AI Asset Management and Conversational Ordering

DigitalX, Mirae Asset’s digital-asset investment platform, said on October 6 that it has officially launched a new app featuring a full UI and UX overhaul and generative AI-based investment support tools. The update is DigitalX’s first major app reva

US Blockade Leaves 50 Tankers Waiting Off Iran; September Crude Loadings Fall to Zero

At least 50 tankers carrying Iranian crude and other cargoes are waiting off Iran's coast as the US maritime blockade of the country continues. Bloomberg reported on October 6 that United Against Nuclear Iran, a nonprofit group known as UANI, said in

U.S. Spot Bitcoin ETFs See $89.8 Million in Net Outflows

U.S. spot Bitcoin exchange-traded funds recorded sizable net outflows. According to Farside Investors data released on October 6, the funds saw combined net outflows of $89.8 million in the previous session. ARK Invest's ARKB posted the largest net o

Chinese Crime Ring Laundered More Than $1 Billion From North Korea’s Lazarus Hacks

A Chinese organized crime group laundered more than $1 billion of the crypto assets stolen by North Korea’s Lazarus Group, Cointelegraph reported. On-chain investigator ZachXBT wrote on X on October 5 that a Chinese money-laundering network had clean

XRP Seoul 2026 Draws 5,000, Marks Official Launch of XRP Asia

Asia’s largest XRP conference, XRP Seoul 2026, drew more than 5,000 attendees and concluded on Oct. 3 at Grand Hyatt Seoul in Yongsan, XRPL Korea said on Oct. 6. Held during Korea Blockchain Week 2026 with Upbit, the event was hosted by XRPL Korea wi

US Central Command Steps Up Iran Maritime Blockade, Diverts 130 Commercial Vessels

The U.S. military said it has diverted 130 commercial vessels in Middle Eastern waters while enforcing an ongoing maritime blockade against Iran. U.S. Central Command said on Oct. 5 it redirected its 130th commercial vessel during operations to enfor