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Samsung Electronics Q3 preliminary earnings to test KOSPI 7,000 level

South Korea\'s KOSPI is swinging around the 7,000 level without finding a clear direction, as solid semiconductor earnings expectations clash with pressure from high U.S. long-term rates and oil prices. The key event this week is Samsung Electronics\' preliminary third-quarter results, with markets focused on how much memory price gains and AI demand show up in earnings. Analysts also expect increased sector rotation and greater stock differentiation based on forward profit outlooks.

Crypto

Will XRP reach $2? How Evernos Nasdaq listing could affect price

EvernOS will begin trading on Nasdaq on Oct. 8 under the ticker XRPN. U.Today reported that the firm is positioning itself not as a passive ETF but as a treasury vehicle that directly manages assets in the Ripple and XRP Ledger ecosystem. Evernos holds 473 million XRP and plans to deploy it in XRP Ledger DeFi protocols and arbitrage. Analysts say this could reduce circulating supply and support a move toward $2 if demand holds.

Crypto

Second bitcoin treasury firm would struggle to catch up with Strategy

Bitcoin treasury firms focused on buying bitcoin may struggle to catch up with Michael Saylor\'s Strategy, according to an assessment cited by Cointelegraph. Economist and \"The Bitcoin Standard\" author Saifedean Ammous said Strategy\'s scale and cash holdings give it an advantage over competitors. He said Strategy holds 847,666 bitcoin bought for $63.95 billion and has $5.02 billion in dollar reserves for dividends and debt interest. Ammous said investing in Strategy carries risks and he prefers holding bitcoin directly.