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U.S. strikes on Iran…can the KOSPI extend its record run? NH Investment & Securities: "This week’s KOSPI seen at 5,800–6,800" Brokerages forecast that the KOSPI, which set fresh highs last week, will attempt further gains this week (3rd–6th), potenti
As U.S. and Israeli strikes on Iran continue, analysts warn that the cryptocurrency ecosystem Iran has built could be pushed into crisis. On the 1st (Korea time), crypto-focused outlet CoinDesk reported that “as recent military attacks threaten Iran’
As the Middle East conflict enters its second day, large sums of money are flowing into related bets on prediction markets. In particular, claims that Iran’s Supreme Leader Ayatollah Seyyed Ali Khamenei has died appear to have sharply raised the perc
The 'Fear & Greed Index', an indicator that offers a glimpse into investor sentiment in the crypto (virtual asset) market, remained in extreme fear. As of the 1st (Korea time), Alternative reported that the index rose 3 points from the previous day t
On the 28th (local time), Reuters reported that Iran's defense minister and the commander of the Islamic Revolutionary Guard Corps (IRGC) have died. Reuters said, "Two sources familiar with Israeli military operations and one Middle East-based source
Even as high-performance blockchain networks billed as “Ethereum killers” continue to emerge one after another, a view has been raised that institutional investors still prefer Ethereum (ETH) above all. On the 28th (Korea time), Kevin Rapsо, founder
As the likelihood grows that Bitcoin (BTC) will close this month lower, analysts say it could mark the longest stretch of weakness since 2018. On the 28th (Korea time), cryptocurrency-focused outlet CoinDesk reported, "Bitcoin is showing weakness ahe
As the Middle East conflict sparked by U.S. and Israeli airstrikes on Iran continues, Reuters reported on the 28th (Korea time) that eight countries in OPEC+—a grouping of the Organization of the Petroleum Exporting Countries and major oil-producing
[Breaking] Blue House on U.S. attack on Iran: "Mindful the situation could be prolonged…closely monitoring developments" Park Subin, Hankyung.com reporter waterbean@hankyung.com
Paradigm, a venture capital (VC) firm specializing in digital assets (cryptocurrencies), is moving to raise a new $1.5 billion fund. The fund, however, is reportedly intended to invest not only in digital assets but also in emerging technologies such
As Bitcoin (BTC) prices slid sharply intraday, a steep drop in the funding rate in the derivatives market has prompted analysis pointing to the possibility of a “short squeeze (a sharp rebound driven by short-covering liquidations).” On the 28th (Kor
The crypto-asset (cryptocurrency) market is broadly weakening after U.S. and Israeli strikes on Iran. Some argue that, unlike traditional finance, the always-open crypto market bore the full brunt of negative weekend developments. On the 28th (Korea
Even as the cryptoasset (cryptocurrency) market remains under pressure after the United States and Israel carried out a joint operation and pressed ahead with airstrikes on Iran, gold-backed stablecoins (cryptoassets whose value is pegged to a specif
According to Al Jazeera and other outlets on the 28th (local time), the Bahraini government said the U.S. Navy’s Fifth Fleet headquarters located in the country was targeted in a missile attack. Reports said the attack occurred in the Juffair area ne
A significant share of Bitcoin (BTC) investors are sitting on paper losses, data showed. On the 28th (Korea time), CryptoQuant contributor Axel Adler Jr. said on X (formerly Twitter) that Bitcoin’s on-chain “Percent Unrealized Loss” has now topped 39
Bitcoin (BTC) tumbled following U.S. and Israeli military operations targeting Iran. According to Cointelegraph, a digital-asset (cryptocurrency) news outlet, Bitcoin fell as much as 6% intraday on the day, sliding to around $63,000. U.S. President D
The Israel Defense Forces (IDF) said on the 28th (local time) via X (formerly Twitter) that it had "identified missiles launched from Iran toward Israel." The IDF added that it is "currently operating air defense systems to intercept them."
On the 28th (local time), U.S. President Donald Trump issued a statement on strikes on Iran via his social media (SNS). President Trump said, “A short while ago, the United States carried out a major military operation against Iran.” He continued, “T
According to Al Jazeera on the 28th (local time), an Iranian official said, "Tehran is preparing a response to U.S. and Israeli airstrikes," adding, "the counterattack will be devastating."
According to Al Jazeera on the 28th (local time), Majid Akhavan, spokesperson for the Iran Civil Aviation Organization, said, "We are closing the entire country's airspace until further notice."
According to Al Jazeera on the 28th (Korea time), a U.S. official said the latest attack on Iran “was carried out as a joint military operation by the United States and Israel.” The United States and Israel were reported to have concluded that there
Israel said on the 28th (local time) that it had launched a pre-emptive strike on Iran. The strike came after Israel and Iran engaged in 12 days of aerial warfare in June. Previously, the United States and Israel have repeatedly warned that they woul
According to Reuters on the 28th (local time), Israel’s defense minister said, "Israel has carried out a pre-emptive attack against Iran." Reports said explosions were also heard in Tehran, the Iranian capital.
Bitcoin (BTC) is extending its intraday losses. With Israel directly striking Iran, risk-asset sentiment appears to be freezing up rapidly. As of 3:41 p.m. KST on the 28th, Bitcoin was down 5.59% from the previous day at $63,877. The backdrop to Bitc
Bitcoin (BTC) mining company Bitdeer sold all of the bitcoins it mined after producing a large batch. On the 28th (Korea time), Bitdeer said via X (formerly Twitter) that it mined 166 bitcoins this week. However, Bitdeer sold the entire amount, keepi
The U.S. Producer Price Index (PPI) for January came in above market expectations. According to the U.S. Department of Labor on the 27th (local time), the January PPI rose 0.50% from the previous month, beating the forecast of 0.30%. The PPI also inc