Crypto

XRP long bets rise, analyst says it is too early to call a bottom signal

XRP has seen buying positions increase even as the broader market falls, raising concerns about near-term volatility. The trend is increasing the risk of a long squeeze, as estimated leverage rose while the price declined. Funding rates stayed mostly negative, but XRP failed to mount a clear rebound. An analyst said low volatility and high leverage could trigger a sharp move, with downside risk heavier, and that clearer bottom signals have yet to appear.

Finance

KRX holds emergency market review meeting, steps up response to stock volatility

Korea Exchange held an emergency market review meeting on June 8 to respond to rising volatility in domestic and global stock markets. It reviewed market conditions including a sharp fall in U.S. stocks and overnight futures, and discussed measures for future market management. The exchange said it would strengthen its organisation-wide readiness, closely coordinate with financial authorities and monitor global markets, Middle East developments and foreign exchange rates.