Suehyeon Lee

Wall Street Stays Bullish on Stocks Despite Near-Certain Fed Rate Hike, Citing Strong Earnings

The odds of a Federal Reserve rate increase are approaching 90%, but major Wall Street investment banks still expect the bull market in stocks to continue, citing solid economic growth and corporate earnings. Bloomberg reported on September 14 that s

China Criticizes US Big Tech Calls to Slow AI Development, Says They Stoke Fear and Toxic Competition

China has publicly criticized calls by leading US artificial intelligence executives to slow the pace of AI development. At a regular briefing on September 14, Chinese Foreign Ministry spokesman Guo Jiakun said countries should promote AI development

Tech Stocks Slide on Calls to Slow AI Development; Bitcoin, Ether Gain 1%

Global technology shares weakened after leading artificial intelligence executives called for a slower pace of AI development, while Bitcoin and Ether posted gains. CoinDesk reported on September 14 that technology and AI-related stocks fell broadly

South Korea Nears January Crypto Tax Launch Without Revenue or Collection-Cost Estimates

South Korea’s government has yet to calculate expected tax revenue or additional administrative costs tied to the planned January start of taxation on virtual-asset income. Edaily reported on Sept. 14 that data submitted by the Ministry of Economy an

Odds of September Fed Rate Hike Top 85% as Warsh Faces Test of Independence Against Trump

The odds of a September interest-rate increase have climbed above 85% after U.S. inflation pressures came in stronger than expected, setting up a potential clash between Federal Reserve Chair Kevin Warsh and President Donald Trump, who has pressed fo

Robinhood CEO Says Tokenized Stocks Don’t Need Issuer Consent if Rights Stay Unchanged

Robinhood Chief Executive Officer Vlad Tenev said tokenized stock products do not require the underlying company’s consent as long as they do not alter existing shareholder rights or create new obligations for the company. In a post on X on September

Kospi Drops 3.26% as Foreign, Institutional Investors Sell Net 4.46 Trillion Won; Chip Stocks Hammered

The Kospi tumbled more than 3% on Sept. 14, falling back into the 6,600 range as worries over tighter monetary policy ahead of the Federal Open Market Committee meeting combined with worsening sentiment toward artificial intelligence investments. The

King Charles III to Host Global AI Gathering in Scotland With OpenAI, Nvidia

King Charles III will bring together leaders of global artificial intelligence companies in Scotland this week to discuss how to develop AI responsibly. Cointelegraph, citing The Sunday Times on September 14, reported that the gathering will be held

Singapore Exchange Moves to Open Bitcoin, Ether Perpetual Futures to US Institutions

Singapore Exchange Ltd. is stepping up its push into crypto derivatives by seeking to open Bitcoin and Ether perpetual futures to US institutional investors. Bloomberg reported on September 14 that SGX filed an application with the US Commodity Futur

Altman Joins Calls to Pace AI Development, Says Safety May Require Slower Progress

OpenAI Chief Executive Officer Sam Altman has backed calls to pace the development of artificial intelligence so advances in the technology do not outstrip humanity’s ability to control it. Bloomberg reported on September 14 that Altman wrote on X a

DoubleZero Adds Kalshi Election Market Data to Edge Ahead of U.S. Midterms, Expanding Institutional Access

The DoubleZero Foundation has added Kalshi election and political prediction-market data to its platform ahead of the U.S. midterm elections, expanding the range of data it offers institutional clients. On Sept. 10, the foundation said it had integra

Coinbase CEO Says US Crypto Will Gain Regulatory Clarity Even if CLARITY Act Fails

Coinbase Chief Executive Officer Brian Armstrong said the US cryptocurrency industry will gain regulatory clarity regardless of the outcome of the Senate vote on the CLARITY Act scheduled for Sept. 15. CoinDesk reported on Sept. 10 that Armstrong, in

ECB Poised for Second Rate Hike Since Iran War, Deposit Rate Seen at 2.5%

The European Central Bank is poised to raise its deposit rate to 2.5% on September 10 as a jump in energy prices tied to the Iran war keeps inflation well above target. According to Bloomberg, the ECB is expected to lift the deposit rate by 0.25 perc

US Freezes $52 Million in Crypto Linked to Chinese-Language Fraud Marketplace Xinbi Guarantee

US authorities have frozen more than $52 million in cryptocurrency linked to Xinbi Guarantee, a Chinese-language illicit marketplace accused of facilitating money laundering for fraud rings in Southeast Asia. Cointelegraph reported on September 10 th

U.S. Spot Ethereum ETFs Rebound to Net Inflows in a Day, Adding $34.75 Million

U.S. spot Ethereum exchange-traded funds swung back to net inflows after just one day. Trader T data showed U.S. spot Ethereum ETFs posted combined net inflows of $34.75 million on September 10. The funds had recorded net outflows a day earlier. By p

US Spot-Bitcoin ETFs Post $120.24 Million of Net Outflows for Second Straight Session

Net outflows continued from U.S. spot-Bitcoin exchange-traded funds. According to Trader T, U.S. spot-Bitcoin ETFs recorded combined net outflows of $120.24 million on September 9. That marked a second straight trading day of net withdrawals. Among i

BOJ Board Member Says Rates Must Keep Rising to Keep Inflation From Exceeding 2%, Bolstering Sept. 18 Hike Bets

A Bank of Japan board member said the central bank should keep raising interest rates as underlying inflation nears 2%, adding to expectations of another hike next week. Bloomberg reported on Sept. 10 that BOJ board member Kazuyuki Masu told business

U.S. Senate Vote Nears on CLARITY Act as Crypto, Banks Wage Final Lobbying Battle

A U.S. Senate procedural vote on Sept. 15 could determine the fate of the CLARITY Act, a market-structure bill for digital assets, as the crypto industry and banks mount a last-minute lobbying push. Reuters reported on Sept. 9 that the Senate is set

US-China 10-Year Yield Gap Hits Record 317 Basis Points, Adding Pressure on Yuan

The gap between US and Chinese 10-year government bond yields has widened to a record, raising concern that China could face heavier capital outflows and greater downward pressure on the yuan. Bloomberg reported on September 9 that the yield on the U

IonQ Unveils 256-Qubit Quantum Computer, but Bitcoin Threat Is Still Distant

U.S. quantum computing company IonQ has unveiled its 256-qubit quantum computer, the Superion 256, though analysts say current technology remains far from posing a threat to Bitcoin's security. Decrypt reported on September 9 that IonQ introduced the

Trezor Says External Email Provider Was Breached, ‘Security Vulnerability’ Message Is Phishing

Trezor, the hardware wallet maker, warned users to be on alert for phishing emails impersonating the company after a security breach at an external email service provider. On Sept. 9, Trezor wrote on its official X account that “a third-party email p

[Analysis] Bitcoin Whale Holdings Flat at 5.23 Million BTC as CPI, FOMC Loom

Bitcoin whale holdings were virtually unchanged over the past week, in a sign that large investors are staying on the sidelines ahead of major U.S. economic events. On Sept. 9, crypto analyst Ali Martinez, citing on-chain data, said Bitcoin whales ke

US IPO Market Enters Year-End Rush as AI Firms Including Anthropic Ready Listings

The US initial public offering market is entering its year-end stretch, with artificial intelligence companies including Anthropic preparing for stock market debuts. Bloomberg reported on September 9 that, with the Labor Day holiday and summer vacati

Consensys to Split MetaMask and Infrastructure Business Into Two Independent Companies by Year-End

Consensys Software Inc., an Ethereum infrastructure company, will separate MetaMask from its institutional blockchain infrastructure business and reorganize into two independent companies by the end of this year. The Block reported on September 9 tha

Gold Holds Near $4,400 as Traders Eye U.S. Inflation Data for Possible Fed Rate Hike

Gold traded near unchanged around $4,400 an ounce as investors looked ahead to U.S. inflation data due this week for clues on whether the Federal Reserve will raise interest rates. Bloomberg reported on Sept. 9 that spot gold was little changed at $4

Kospi Flat on Quadruple Witching Day as Foreign and Institutional Investors Sell

South Korea's Kospi traded little changed near the 7,060 mark in early dealings on Sept. 10 as foreign and institutional investors sold on the so-called quadruple witching day, when stock-index futures and options and single-stock futures and options

Hunter Biden Meme Coin LAPTOP Soars to $110 Billion After Launch, Then Plunges More Than 99%

Hunter Biden’s meme coin LAPTOP showed extreme volatility after trading began, surging to a market capitalization of $110 billion before plunging more than 99% within minutes. The Block reported that the Base-based token began trading shortly after 8

[Today’s Key Economic and Crypto Events] US August PPI Due

Today’s Key Economic Events ▶ Sept. 10 (Thu.): △ Germany August consumer price index (CPI, 3 p.m.) △ European Central Bank (ECB) interest-rate decision (9:15 p.m.) △ US August producer price index (PPI, 9:30 p.m.) △ US initial jobless claims (9:30 p.

August Spot Trading Volume at Major Crypto Exchanges Rises 19%; Binance Share Reaches 47.6%

Spot trading volume at major global cryptocurrency exchanges rose 19% in August from a month earlier. Wu Blockchain said on Sept. 9 that spot trading volume across 14 major global crypto exchanges totaled $510.4 billion in August. That was up 19% fro

International Oil Prices Surge Again as WTI Tops $97, Brent Breaks Above $101

International oil prices rose again after Iran warned it would step up its offensive if U.S. attacks continue, fueling concern over potential disruptions to energy supplies through the Strait of Hormuz. Bloomberg reported on September 9 that West Tex