Suehyeon Lee

Fed October Rate-Hike Odds Fall Below 15% Despite Inflation Surge as Markets Bet on Pause

The odds of a Federal Reserve rate increase in October have fallen, strengthening market expectations that policymakers will hold rates steady. Bloomberg reported on October 25 that the probability of an October rate hike implied by interest-rate swa

Blue House Reviews Further Delay of Crypto Tax, Says No Decision Has Been Made

South Korea’s Blue House said it is reviewing whether to further delay the introduction of taxes on virtual assets, but no decision has been made. Yonhap News TV reported on October 25 that the presidential office was responding to media reports that

ECB Says Digital Euro Is Key to Europe’s Payment Sovereignty, Plans Pilot Next Year

The European Central Bank said the introduction of a digital euro would reduce Europe’s reliance on offshore payment service providers and help secure the region’s payment sovereignty. Cointelegraph reported on October 25 that ECB Executive Board mem

Goldman Sachs Cuts KOSPI 12-Month Target 25% to 9,000 After Calling for 12,000

Goldman Sachs cut its 12-month target for the KOSPI by 25% to reflect concerns over artificial intelligence-related investment and a sharp selloff in South Korea's stock market. Bloomberg reported on October 25 that Goldman lowered its 12-month targe

Netanyahu Says Israel Weighs Crypto, Blockchain to Counter Potential International Sanctions

Israeli Prime Minister Benjamin Netanyahu said Israel is considering the use of blockchain technology and cryptocurrencies as a way to respond to international financial sanctions. Cointelegraph reported on October 25 that Netanyahu said in an Octobe

White House Says US-Canada Trade Talks Are Advancing, Final Deal Near

Trade talks between the US and Canada have accelerated in recent days, fueling expectations that the two countries are nearing an agreement. White House National Economic Council Director Kevin Hassett told Fox News that negotiations with Canada are

Web3 Sustainability Questioned as Abstract, StandX and Edgen Scrap TGEs, Shut Down Services

Web3 projects increasingly scrap TGEs and shut down services User frustration grows as expected airdrop rewards fail to materialize "Projects now need real business viability, not just token-launch hype" A growing number of Web3 projects are abandoni

Solana to Activate Alpenglow Upgrade on Oct. 21, Speeding Transaction Finality by 40 Times

Solana plans to implement a major network upgrade called Alpenglow that would cut transaction finality time from 6 seconds to 0.15 seconds. CoinDesk reported on Oct. 21 that Solana is set to deploy the Alpenglow upgrade to its mainnet that day. If th

Trump Super PAC Spends $277 Million on Midterm Races, Giving Republicans a Financial Edge

A super PAC backing U.S. President Donald Trump has spent $277 million to support Republican candidates ahead of the November midterm elections. Bloomberg reported on October 21 that MAGA Inc., a super PAC tied to Trump, spent a total of $277 million

South Korea’s People Power Party Seeks Talks With Democrats to Delay Crypto Tax

South Korea’s People Power Party plans to hold talks with the Democratic Party on delaying taxation of virtual assets, or cryptocurrencies, scheduled to take effect in January 2027. Digital Asset reported on October 21 that Park Soo-young, deputy pol

Bitcoin Nears $83,000 as US Tech Earnings Boost Risk Appetite; Zcash Jumps 11%

Bitcoin neared $83,000 as strong earnings from U.S. technology companies improved sentiment toward risk assets. Bitcoin traded around $82,700 during Asian hours on October 21, up 1.3%, CoinDesk reported. Strong results from SpaceX and Super Micro Com

Citadel Founder Ken Griffin Says AI Investment Bubble Is Nearly Certain, Remains Bullish on Long-Term Innovation

Citadel founder Ken Griffin said an investment bubble has very likely formed in the artificial intelligence industry, while remaining optimistic about the technology’s long-term impact on innovation. Bloomberg reported on October 21 that Griffin told

US Spot Ether ETFs See $26.12 Million in Net Outflows for Fifth Straight Session

More than $26 million flowed out of US spot Ether exchange-traded funds. Trader T data published on October 21 showed total net outflows from US spot Ether ETFs reached $26.12 million in the previous session. It was the fifth consecutive trading day

US Spot-Bitcoin ETFs See $23.19 Million in Net Inflows for Second Straight Trading Day

US spot-Bitcoin exchange-traded funds continued to draw net inflows. According to Trader T on October 21, the 12 US spot-Bitcoin ETFs recorded combined net inflows of $23.19 million in the previous session. That marked a second straight trading day o

Gold Extends Decline Near $4,115 an Ounce on Uncertainty Over US-Iran Peace Talks, Fed Outlook

International gold prices extended their decline amid uncertainty over US-Iran peace talks and caution over the Federal Reserve’s interest-rate outlook. Bloomberg reported on October 21 that spot gold was trading around $4,115 an ounce. As of 8:08 a.

South Korea Assembly Panel Reviews Petition to Scrap Crypto Tax, Warns Reversal Could Hurt Policy Credibility

South Korea’s National Assembly Strategy and Finance Committee, reviewing a public petition to abolish taxation on virtual assets due to take effect in January, said reversing course again could undermine the credibility of tax policy. A review repor

US CFTC to Hold Oct. 28 Forum on AI’s Impact on Financial Markets, Derivatives Regulation

The U.S. Commodity Futures Trading Commission will hold a public event to discuss how artificial intelligence is affecting derivatives markets and financial regulation. The CFTC said on October 20 that its innovation task force will host the first se

Shinhan Card, Japan's SBI Group to Run Pilot for Yen Stablecoin Payments

Shinhan Card said on October 21 it will work with units of Japan's SBI Group to test the commercial viability of payment and settlement services using a yen-denominated stablecoin. The agreement includes SBI VC Trade, a Japanese digital-asset exchang

Kospi Rebound Triggers Buy Sidecar as Samsung Electronics, SK Hynix Jump More Than 7%

South Korea's Kospi rebounded sharply, led by heavyweight semiconductor shares, triggering a buy sidecar that temporarily suspends the validity of program buy orders on the benchmark stock market. The Korea Exchange said the mechanism was activated a

Kospi Triggers Buy-Side Sidecar After Jumping More Than 4%

A buy-side sidecar was triggered on the Kospi after the benchmark index jumped more than 4%.

Kazakhstan Orders Coinbase, HTX and Four Other Crypto Exchanges to Halt Unlicensed Operations

Kazakhstan’s financial authorities have announced a court order barring six overseas cryptocurrency trading platforms, including Coinbase and HTX, from unlicensed operations. The Astana International Financial Centre Court issued the order against Co

BitMine Stakes Another 159,728 Ether, Lifting Cumulative Total Above 5.227 Million ETH

BitMine, a corporate Ethereum treasury company, is expanding the use of its holdings by staking an additional roughly $390 million worth of Ether. On-chain analytics account EmberCN said on Oct. 20 that BitMine deposited 159,728 ETH into a staking co

Anthropic May Spend Up to $750 Billion on AI Infrastructure Ahead of IPO, WSJ Reports

Anthropic may spend as much as $750 billion on computing infrastructure over the coming years as it prepares for an initial public offering. Bloomberg reported on Oct. 20, citing The Wall Street Journal, that Anthropic has signed about $450 billion o

Musk Faces Calls for US Congressional Probe Over Alleged Order to Throttle Ukraine Starlink Speeds

Elon Musk, chief executive officer of SpaceX, is facing mounting calls in Washington for answers after reports said he directly ordered limits on the speed of the Starlink satellite internet service used by Ukrainian forces. Bloomberg reported on Oct

Oil Swings on Conflicting US-Iran War-End Talks; WTI Near $98

Oil prices were little changed after swinging sharply on conflicting reports surrounding US-Iran talks to end the war. Bloomberg reported on October 20 that West Texas Intermediate was trading around $98 a barrel. Brent settled below $109 a barrel af

Kospi Rebounds Nearly 2%, Reclaims 5,660 as Chip Stocks Jump After Prior-Day Plunge

South Korea’s Kospi rebounded to the 5,660 level, shaking off the previous session’s sharp selloff as strong earnings from major U.S. technology companies and lower oil prices lifted sentiment. As of 9:04 a.m. on October 21, the Kospi was up 108.98 p

MoonPay, Dunamu to Partner on Digital-Asset Finance Infrastructure, Expand Stablecoin Payments

MoonPay, a global cryptocurrency payments company, said on October 21 that it will pursue a strategic partnership with Dunamu in digital-asset-based financial infrastructure, including stablecoin payments and corporate treasury management. The compan

[Today’s Key Economic and Crypto Events] U.K. September CPI, U.S. Crude Inventories

<Today’s Key Economic Events> ▶︎ Oct. 21 (Wed.): △U.K. September consumer price index (CPI) (2 a.m. U.S. time, 3 p.m. Korea time) △U.S. crude oil inventories (10:30 a.m. U.S. time, 11:30 p.m. Korea time) <Today’s Key Cryptocurrency Events> ▶︎ Oct. 21

Young Crypto Investors to Hold National Assembly Press Conference, Urge 2-Year Delay to Virtual-Asset Tax

Young cryptocurrency investors will hold a press conference at South Korea’s National Assembly on October 21 to urge another delay to the virtual-asset tax regime due to take effect in January, arguing that preparations remain insufficient. Edaily re

Trump Envoy Witkoff to Meet Putin on Oct. 21 With Revised Ukraine Peace Proposal

A White House envoy plans to meet Russian President Vladimir Putin to present a new proposal aimed at ending the war in Ukraine. Axios reported on Oct. 20 that Steve Witkoff, the US special envoy for the Middle East, plans to meet Putin later that da