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News
US Lowers Its Sights in Iran War as Conflict Nears Six Months, CNN Says
3+ hour, 29+ min ago (416+ words) CNN reported on August 16 that the administration’s hard-line war aims have narrowed noticeably as the conflict has dragged on. The war began on February 28, when the US joined Israel in airstrikes on Iran. Early in the conflict, the Trump administration…...
This Week’s Key Events: Fed’s July FOMC Minutes, China Loan Prime Rates
3+ hour, 55+ min ago (214+ words) ▶︎Monday, Aug. 17: △South Korean markets closed for the substitute holiday marking Liberation Day △August New York Empire State Manufacturing Index (9:30 p.m. Korea Standard Time) △August NAHB Housing Market Index (11 p.m. Korea Standard Time) ▶︎Tuesday, Aug. 18: △U.S. housing…...
Ethereum New Addresses Jump 75% in Eight Days, Signaling Potential Price Gains
4+ hour, 22+ min ago (126+ words) A rapid increase in new addresses on the Ethereum network may signal further price gains ahead, according to crypto analyst Ali Martinez. On August 16, Martinez said Ethereum’s daily new addresses surged to 212,560 from 121,210 on August 8. That represents an increase of…...
US Drafts Warning to Allies: Join China-Led AI Group and Risk Exclusion
4+ hour, 50+ min ago (429+ words) The Trump administration is preparing to pressure allies to choose between the US and China in artificial intelligence. Countries that join a China-led AI grouping could be excluded from US-centered cooperation on AI, semiconductors and critical-mineral supply chains. The move…...
UBS Boosts BlackRock Bitcoin ETF Call Options 24-Fold, Expands IBIT Exposure
5+ hour, 21+ min ago (256+ words) UBS Group AG increased its call-option position tied to BlackRock Inc.'s spot Bitcoin exchange-traded fund by more than 24-fold from the previous quarter. CoinDesk reported on August 15 that UBS disclosed to regulators a call-option position linked to 1.95 million shares…...
Harvard Halts Bitcoin ETF Selling, Keeps $101.4 Million IBIT Stake in Second Quarter
5+ hour, 50+ min ago (452+ words) Harvard University's endowment halted two straight quarters of selling in spot-Bitcoin exchange-traded funds, keeping its holdings unchanged in the second quarter. A recent Form 13F filing with the US Securities and Exchange Commission showed Harvard Management Co., which oversees the university's…...
Kospi Nears 7,000, but Retail Investors Ramp Up Downside Bets
6+ hour, 29+ min ago (408+ words) Retail investors have been heavy net buyers of **bearish-bet products** such as **KODEX 200 Futures Inverse 2X** and **KODEX Inverse** even as the Kospi rises. While retail investors were **net sellers for four straight trading days** on the Kospi, foreigners responded with…...
Foreign Investors Snap Up $4.7 Billion of Kospi Stocks as Retail Traders Sell Off
7+ hour ago (260+ words) Foreign investors bought a net 6.547 trillion won ($4.74 billion) of Kospi stocks last week, helping drive South Korea’s benchmark index higher. SK Hynix Inc. and Samsung Electronics Co. led the buying. Retail investors moved in the opposite direction. Data from the…...
Coinbase Bitcoin Premium Stays Negative for 90 Days, Longest Streak on Record
7+ hour, 41+ min ago (235+ words) The **Coinbase Bitcoin Premium Index** has remained negative for 90 straight days since May 19. That suggests **Coinbase** Bitcoin prices are lower than **Binance**, indicating weaker **buying demand** from US investors or stronger **selling pressure**. A decline in the premium index alone…...
Trump to Meet Crypto, Prediction-Market Executives Near White House on Aug. 19
7+ hour, 55+ min ago (385+ words) President Donald Trump is scheduled to meet with senior executives from the cryptocurrency and prediction-market industries in Washington on Aug. 19, according to media reports. The Block reported on Aug. 15 that the meeting is set for 2:30 p.m. Eastern time at the Eisenhower…...