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Telecommunications & Media

Korean mobile carriers near full QoS rollout, MVNO market on alert

South Korea plans to apply a data assurance option, or QoS, across the three mobile carriers’ rate plans in the first half, guaranteeing unlimited data at 400 Kbps after allowances are used. The policy aims to lower household telecom bills, the science ministry says. MVNO users would generally need to pay about 5,000 won a month for the QoS feature, prompting complaints of discrimination. MVNOs also face limited wholesale discounts and rising spectrum fees.

Crypto

Bitcoin drops below $77,000 as thin liquidity triggers liquidation chain

Bitcoin fell below $77,000 within minutes, triggering about $100 million worth of long-position liquidations. Analysts attributed the sharp drop to thin weekend liquidity and a fragile market structure rather than a specific negative catalyst. They said a breach of the psychological $77,000 level set off automated forced liquidations that amplified selling. Analysts are watching $74,000 to $82,000 as a high-volatility range.

Crypto

Crypto investment products see bigger net inflows, led by bitcoin rebound

Crypto funds recorded $1.2 billion in net inflows in the week ended April 24, extending inflows to four consecutive weeks. Total assets under management rose to $155.276 billion, the highest since Feb. 1, as bitcoin rebounded above $77,000 for the first time since a February correction. Bitcoin products took in $932.5 million, while Ethereum products saw $192.4 million. Inflows also expanded to Solana and XRP, while multi-asset products saw outflows.