The post KOSPI Rebounds Nearly 4% in Early Trading, Escaping Bear Market Territory appeared on BitcoinEthereumNews.com.
South Korea’s KOSPI peaked at 7,539 on Thursday, July 9, a gain of nearly 4% from Wednesday’s close of 7,246.79. The rebound pulls the benchmark back above the threshold that confirmed a bear market just a day earlier. Wednesday’s Plunge Set the Bear Market Trigger The rebound follows a brutal Wednesday session. The KOSPI fell 5.35% to close at 7,246.79, its lowest level since May 20. That close sat more than 20% below the index’s June 22 record of 9,114.55, the threshold traders use to confirm a bear market. Sharp swings in chipmaker stocks tied to AI demand worries, along with growing concern over leveraged single-stock ETFs, drove the sell-off and triggered a sidecar trading halt. Korea’s KOSPI has seen heavy volatility of late, with swings pushing it in and out of bear market territory. Image Source: Trading View Chip Stocks Remain the Swing Factor Samsung Electro
The post Bitcoin Holds Near $62K as Extreme Fear Grips Global Markets appeared on BitcoinEthereumNews.com.
Crypto News Global risk appetite steadied on Thursday as South Korea’s KOSPI staged a sharp reversal and Bitcoin (BTC) held near $62,000. The benchmark index peaked at 7,539, a gain of nearly 4% from Wednesday’s close of 7,246.79, pulling it back above the threshold that had confirmed a bear market only a day earlier. The rebound handed Asian equities brief relief after a punishing midweek slide. For crypto traders tracking correlated risk assets, the move mattered, as digital assets and altcoins have moved in tandem with equities during recent volatility spikes, and Bitcoin’s grip on the $62,000 area mirrored the equity bounce even as sentiment stayed fragile across markets. The rebound followed a brutal Wednesday session. The KOSPI fell 5.35% to close at 7,246.79, its lowest level since May 20, sinking more than 20% below its June 22 record of 9,114.55 — the drawdown threshold t
Mirae Asset's acquisition of Korbit may accelerate the integration of traditional finance with digital assets, fostering innovative investment products.
The post South Korea greenlights Mirae Asset’s acquisition of crypto exchange Korbit appeared first on Crypto Briefing.
South Korea's record-low bond spreads enhance its financial stability, signaling strong investor confidence and bolstering foreign reserves.
The post South Korea sells $1.7B in currency stabilization bonds at record-low spreads appeared first on Crypto Briefing.
South Korea's growth upgrade highlights its pivotal role in AI hardware, but reliance on few buyers poses risks amid potential market shifts.
The post South Korea gets the IMF’s biggest growth upgrade among major economies appeared first on Crypto Briefing.
The dominance of retail investors in South Korea's leveraged ETF market highlights potential systemic risks and regulatory challenges amid high volatility.
The post Retail investors drive leveraged ETFs to 70% of South Korea’s $4.3T market appeared first on Crypto Briefing.
The MOU could revolutionize fintech in South Korea by integrating blockchain, potentially transforming payment systems and regulatory landscapes.
The post Optimism signs MOU with Toss to explore onchain payments for 30 million users in South Korea appeared first on Crypto Briefing.
The post 2026 Release Calendar Of New KPop Albums And Songs: Q3 And Beyond appeared on BitcoinEthereumNews.com.
Ye-on, Stella, Yuha, Ian, A-na, Juun, Carmen and Jiwoo of Hearts2Hearts pose during the showcase for the group’s second mini album ‘Lemon Tang’ at Blue Square on June 22, 2026 in Seoul, South Korea. (Photo by KCNA/Imazins via Getty Images) ImaZins via Getty Images While the first quarter of 2026 saw record-breaking new BTS and BLACKPINK albums, plus Grammy and Oscar wins from KPop Demon Hunters, Q2 did not disappoint. Artists like I.O.I, i-dle, ATEEZ, Tomorrow X Together, TREASURE, aespa, BOYNEXTDOOR, RIIZE, &TEAM, TWS, PLAVE, NCT WISH, KATSEYE, Hearts2Hearts, CORITS and ALPHA DRIVE ONE all delivered major releases to keep the spring season equally exciting. Looking ahead to K-pop’s second half of the year, there are loads of exciting upcoming releases including some long-awaited returns like a new single from BIGBANG, as well as comebacks from TVXQ!’s U-KNOW, Epik High, Sunm
The post Meet San Of ATEEZ: K-Pop’s Viral Gateway Idol appeared on BitcoinEthereumNews.com.
SEOUL, SOUTH KOREA – JUNE 25: San of boy band ATEEZ poses for a photocall for ‘TAG Heuer’ gala dinner event at Oil Tank Culture Park on June 25, 2025 in Seoul, South Korea. (Photo by Han Myung-Gu/WireImage) WireImage K-pop sensation ATEEZ’s latest music video, “BAD,” has been receiving all kinds of attention. The song is an earworm – extremely catchy. It’s hard to avoid singing the chorus: “She’s so bad, bad, bad, bad, bad, bad, bad (Ooh, wee) / She’s so bad (Chk-chk-chk-cha), ayy (Run it all night solo) / Bad, bad, bad, bad, bad, bad, bad (Ooh, wee) / She’s so bad (Chk-cha, chk-cha), yeah (Run it all night solo).” It also doesn’t hurt that Hollywood’s rising starlet – and hardcore ATINY (name for ATEEZ fans) – Chase Infiniti stars in it. She gets to act opposite her favorite group, which comprises Hongjoong, Seonghwa, Yunho, Yeosang, San, Mingi, Wooyoung, and Jongho. She is especially excited t
