Search results for June 5
Crypto
Bitcoin spot ETF trading slows sharply, Ethereum sees stronger net inflows
Weekly turnover in bitcoin spot exchange-traded funds over five trading sessions fell to its lowest level since October 2024, while ethereum spot ETFs drew larger net inflows. Bitcoin spot ETFs posted $33.8 million of weekly net inflows, but late-week outflows erased most midweek gains. Ethereum spot ETFs recorded $103.9 million of net inflows and have outpaced bitcoin in inflows for two consecutive weeks, despite much smaller total assets.
Crypto
Bitcoin bear market bottom up to 101 days away as loss supply stays above 50 percent
Bitcoin is showing on-chain patterns similar to past bear-market lows, with more than half of supply held at a loss since June 5, according to K33 Research. The firm said previous cycles saw a bottom within as long as 101 days after the loss-held share exceeded 50 percent. This year marks the second-longest such period at 42 days. CryptoQuant also pointed to similar signals, though it put the loss-held share at 46 percent.
Finance
Face payment gains traction as Naver Pay, Toss intensify infrastructure race
Competition in offline payment terminals is heating up as face payment draws attention and spreads, prompting Naver Pay and Toss to race to expand merchant networks. Naver Pay is pushing its Npay Connect terminal, linking payments to reviews, coupons and other services, and says installations have surpassed 100,000 stores. Toss is expanding FacePay use cases with its Toss Front terminal, citing growth to over 6 million registered users and widening partnerships and events.
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Crypto
XRP rebound hopes rise, but no reversal without break above $1.29
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Crypto
Shiba Inu may pause decline; 18 percent upside if it breaks key level
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Finance
Mirae Asset Securities denies Bloomberg report on SpaceX IPO subscription error
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Finance
KOSPI nears 10,000 but won at IMF-era levels as semiconductor dollars stay abroad
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Finance
FSS issues consumer alert on single-stock leverage products
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Crypto
Bitcoin on-chain indicators flash warning; potential bottom seen around $48,000
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Crypto
Bitcoin tops $67,000 but derivatives stay cool, raising questions over rally durability
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Finance
SpaceX allocation failure puts Korean brokers\' overseas IPO marketing to test
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Telecommunications & Media
SK Telecom bets on \'AI factory\' with Nvidia to push into AI infrastructure
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Finance
FSS expands inspection of Mirae Asset Securities to review SpaceX \'zero-share allocation\'
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Industry
Lotte chairman Shin Dong-bin develops AI agent to drive groupwide AX rollout
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Crypto
Middle East ceasefire, institutional buying, Coinbase CEO optimism lift bitcoin
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Crypto
Strive buys an additional 73 bitcoin, continues \'bitcoin-first\' strategy
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Games & Commerce
Baemin chicken orders jump nearly 10-fold amid national team morning match
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Crypto
Bitcoin recovers $60,000 but variables remain, key support at $43,000