Search results for Aug. 20
Finance
KOSPI surges more than 4 percent; buy sidecar triggered for first time in two months
South Korea\'s benchmark KOSPI surged more than 4 percent on Wednesday on combined buying by foreign investors and institutions, triggering a buy-side sidecar for the first time in about two months. Samsung Electronics and SK Hynix rose more than 7 percent each, leading the rebound. Foreign investors and institutions were net buyers, while retail investors were net sellers. The Kosdaq was also higher.
Crypto
Optimism spreads across major cryptocurrencies; CryptoQuant says it resembles late 2022 bull market
Analyst views on five major cryptocurrencies including Bitcoin, Ether, BNB, XRP and Solana have broadly shifted from bearish to bullish since July, CryptoQuant said. In a weekly report carried by CoinPost, it compared the move to the early phase of the late-2022 to early-2023 bull market, though faster and across more assets. Bitcoin’s consensus gauge turned positive in late July and later reached +49.2, while bullish shares rose sharply across several tokens.
Crypto
XRP rises 0.27 percent as investors book $258.2 million net realised profit in a day
XRP investors posted net realised profit of $258.2 million on Oct. 1, the largest daily total in 2026 based on Glassnode data, The Crypto Basic reported. XRP ended the day up 0.27 percent at $1.4934 after briefly nearing $1.51, with no clear surge or catalyst. The metric reflects differences between acquisition and sale or transfer prices. The move followed an August rise and may add selling pressure around $1.50.
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Crypto
Bitcoin short-term holders see sharp drop in returns despite flat price
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Games & Commerce
Naver, Kakao unions call for group-wide collective bargaining, urge rule changes
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Crypto
XRP outpaces bitcoin in August rebound, posts over 30 percent monthly gain
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Crypto
Japan 20-year bond yield tops 3.8 percent, will yen shock hit bitcoin
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Crypto
U.S.-listed KULR sells remaining 764 bitcoin, exits BTC holdings
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Crypto
U.S. Clarity Act vote and Fed rate decision loom as big events; XRP leads crypto gains
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Finance
Kakao moves to sway retail shareholders as rationale for spin-off put to test
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Industry
Korea to ease conflict-of-interest rules for state researchers\' startups and tech transfer
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Mobility
Kakao Mobility says Gangnam late-night autonomous driving data is competitive edge, to integrate E2E model this year
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Crypto
Bitcoin jumps 25 percent in August; 83 percent of top crypto tokens also rise
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Industry
Naver Z union launches 4-hour strike over wage freeze, warns of one-day walkout on Sept. 23
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Industry
R&D participation ban for research misconduct up to 20 years; penalty surcharge up to 30 times
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Crypto
Ripple CEO says U.S. is close to finishing crypto rules, within reach of becoming global crypto capital
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Crypto
Korea Fintech Industry Association, XRPL Korea to support commercialisation of digital asset businesses
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Crypto
Bitcoin spot ETFs turn to outflows while ethereum extends inflows