Suehyeon Lee

Fed Poised to Hold Rates Steady in October, With Focus on Possible December Hike

The Federal Reserve is expected to leave its benchmark interest rate unchanged this month despite persistent inflation pressures. Bloomberg reported on October 28 that the Fed is likely to keep rates at their current level at its Federal Open Market

Robinhood CEO Says US Tokenized Stocks Face Long-Term Hurdle From Regulatory Uncertainty

US securities regulators have moved to ease rules on trading tokenized stocks, but long-term regulatory uncertainty could still limit the market’s expansion. Robinhood CEO Vlad Tenev told the company’s third-quarter earnings call on Oct. 28 that he v

Israel Election Too Close to Call as Netanyahu Vows With Trump to Eliminate Iran Threat

Israel's election remained too close to call, with the ruling and opposition camps locked in a tight race and uncertainty growing over the formation of the next government. Reuters reported on October 28 that Netanyahu's right-wing alliance and the o

South Korea Presidential Office Calls Emergency Meeting on Bithumb, Mirae Asset Security Breaches

South Korea’s presidential office has convened an emergency meeting to respond to security breaches at Bithumb and Mirae Asset Global Investments. The presidential office said on October 28 that the National Security Office would hold an emergency re

Coinbase Says Security Incident at Vendor Amplitude Affected Customer Data, No Funds Lost

Coinbase said some customer information was affected by a security incident at an outside analytics vendor. On October 27, the US crypto exchange said through its official customer support account that a security incident at data analytics service pr

Ethereum-Linked Early Investor Sells 7,594 ETH Worth About $17.8 Million After a Year

An early investor linked to the Ethereum Foundation has broken roughly a year of trading inactivity with a large sale. On-chain analytics firm Lookonchain said on Oct. 27 that 7,594 ETH was recently sold from a wallet tied to an early investor associ

OpenAI Weighs Buying Google AI Chips to Reduce Nvidia Dependence

OpenAI is considering buying Google-developed chips as it expands its artificial intelligence infrastructure. Bloomberg reported on October 27 that OpenAI is reviewing the adoption of Tensor Processing Units, or TPUs, Google's AI chips. Specific cont

Solana Shifts From Meme Coins to Institutional Finance, Expanding Stablecoins and RWA

Solana is moving beyond a growth model built on meme-coin trading and expanding into institutional finance, including stablecoins and real-world asset tokenization. Bloomberg reported on October 27 that the Solana Foundation is focused on building a

Ethereum ICO Whale Deposits 5,000 ETH to Exchange, Raising Sale Prospect

An early large investor in Ethereum's initial coin offering has moved part of its holdings to an exchange, raising the prospect of a sale. On-chain analyst EmberCN said on Oct. 27 that the investor deposited all 5,000 ETH into an exchange about three

US Told Gulf States to Brace for Possible Military Action Against Iran After Midterms

The US has told Gulf states to prepare for the possibility of military action against Iran after the midterm elections, the Wall Street Journal reported on October 27. Washington recently used diplomatic and military channels to tell some Gulf countr

Bitcoin Quantum-Computing Fears Curb Institutional Investment, Prompt Calls for Security Roadmap by 2028

Security threats posed by quantum computing are limiting broader institutional investment in Bitcoin, according to Cointelegraph. Cointelegraph reported on October 27 that Muneeb Ali, co-founder of Stacks, said in a podcast interview that concerns ab

Bitcoin Faces Second Straight October Loss as US Buying Weakens, Spot Demand Slumps

Bitcoin may be headed for a second straight decline in October as buying by US investors slows and spot demand weakens. A report from on-chain analytics firm CryptoQuant dated Oct. 27 showed Bitcoin falling to $80,051 on Oct. 25 from $83,567 at the e

Anthropic Weighs Allocating Up to 20% of IPO Shares to Retail Investors, With JPMorgan Leading Sale

Anthropic is considering expanding share sales to retail investors ahead of its initial public offering. Bloomberg reported on October 27 that Anthropic is weighing a plan to allocate about 15% to 20% of its total IPO shares to individual investors.

Kospi Jumps More Than 4%, Nears 5,900 as KRX Triggers Buy-Side Sidecar

The Kospi extended its intraday advance to more than 4%, prompting the Korea Exchange to trigger a buy-side sidecar. According to the Korea Exchange on October 28, the benchmark index was up 4.55% from the previous session at 5,894.75. With the index

Israel Exit Poll Reversal Puts Netanyahu Bloc Ahead With 52 Seats

An updated exit poll from Israel’s general election showed Prime Minister Benjamin Netanyahu’s bloc moving ahead of the opposition. Reuters reported on October 27 that Israeli broadcaster Channel 12 revised its exit poll to show Netanyahu’s alliance

Gold Reclaims $4,000 Ahead of Fed Rate Decision as Bargain Buying Returns

Gold traded above $4,000 an ounce ahead of the Federal Reserve's rate decision, supported by bargain buying. According to Bloomberg on October 27, spot gold was little changed at $4,060.73 an ounce as of 7:30 a.m. Singapore time on October 28. Bullio

Kospi Reclaims 5,800 as Samsung Electronics, SK Hynix Rise on Chip Strength

The Kospi rose more than 3% in early trading on October 28, reclaiming the 5,800 level as gains in Samsung Electronics and SK Hynix lifted the benchmark. As of 9:14 a.m., the Kospi was up 181.84 points, or 3.23%, from the previous session at 5,820.18

SK Hynix Operating Margin Nears 80% on Soaring HBM, Commodity Memory Prices

SK Hynix posted an operating margin nearing 80% as demand for artificial intelligence chips increased and memory prices climbed. Bloomberg reported on Oct. 27 that SK Hynix posted third-quarter operating profit of 83.3333 trillion won ($60.4 billion)

Hashed Joins DC Fintech Week, Shares South Korea’s Digital-Asset Regulatory Roadmap

Global digital-asset venture capital firm Hashed said on October 28 that it participated in DC Fintech Week in Washington, D.C., where it shared the regulatory status of South Korea’s digital-asset market and the challenges involved in building out i

[Today’s Key Economic and Crypto Events] Kevin Warsh Fed Chair Press Conference, FOMC Rate Decision and More

<Today’s Key Economic Events> ▶︎ Oct. 28 (Wed.): △ Day 2 of the FOMC meeting and policy rate decision (3 a.m. Korea time on Oct. 29) △ Fed Chair Kevin Warsh press conference (3:30 a.m. Korea time on Oct. 29) △ Corporate earnings: Alphabet, Microsoft

SK Hynix Posts Record $60.4 Billion Q3 Operating Profit, Unveils $72.5 Billion Shareholder Return Plan

SK Hynix posted record third-quarter earnings that beat market expectations and announced a large-scale shareholder return plan. In a regulatory filing on Oct. 28, SK Hynix reported consolidated third-quarter revenue of $75.8 billion and operating pr

SK Hynix Announces Additional $43.3 Billion in Shareholder Returns Through Dividends, Buybacks

Israel Election Exit Polls Show Opposition’s Eisenkot Narrowly Ahead, Majority Unclear

Exit polls in Israel’s general election showed opposition leader Gadi Eisenkot narrowly ahead of Prime Minister Benjamin Netanyahu. Bloomberg reported on October 27 that three exit polls conducted after the vote projected 52 seats for the opposition

Ripple, Robinhood Expand RLUSD Partnership Into Payments, Custody and Derivatives

Ripple is expanding its partnership with Robinhood to broaden the use of the dollar-backed stablecoin RLUSD across retail and institutional financial services. Cointelegraph reported on October 27 that Ripple and Robinhood announced at the Swell 2026

Oil Falls for Second Day as Traders Watch Israeli Election, WTI Near $100

Oil fell for a second straight day as traders watched the outcome of Israel's general election and diplomatic moves across the Middle East. Bloomberg reported on October 27 that US West Texas Intermediate traded near $100 a barrel. WTI has dropped mo

Barclays Warns Strong Dollar, Rate Volatility May Fan FX Swings, Urges Caution on Carry Trades

Barclays warned that turbulence in foreign-exchange markets may persist as the U.S. dollar strengthens and interest-rate volatility rises. Bloomberg reported on October 27 that Barclays strategists Marek Raczko and Leonardo Cremonini wrote in a repor

Bitcoin’s Relative Returns Against U.S. Stocks Improve, Fueling Inflow Hopes

Bitcoin (BTC) has recently shown relative strength, outperforming the U.S. stock market. Glassnode said on Oct. 27 that over the past several weeks, Bitcoin has posted higher returns than the S&P 500 on more trading days than not. In June, Bitcoin ou

Kalshi Tightens Trading Curbs for 18- to 20-Year-Old Users, Sets $2,500 Monthly Deposit Cap

Kalshi, the US prediction-market platform, is tightening deposit limits and risk controls to curb excessive trading by younger users. Bloomberg reported on October 27 that Kalshi will cap monthly deposits at $2,500 for users aged 18 to 20 and impose

Bitcoin Reclaims $81,000 as Major Altcoins Rise

Bitcoin posted a modest rebound, reclaiming the $81,000 level. As of 6:33 a.m. on October 28 in Seoul, Bitcoin was trading at $81,190.19 on global cryptocurrency exchange Binance, up 1.38% from a day earlier. On South Korea's Upbit won market, it cha

US Treasury's Bessent Says Crypto Can Strengthen Dollar Dominance, Highlights Stablecoins

US Treasury Secretary Scott Bessent said cryptocurrencies could become a key tool for strengthening the dollar's global dominance. CoinDesk reported on October 27 that Bessent made the remarks during a conversation with Ripple Chief Executive Officer