The post KORU pullback reaching blue box area, buyers eye potential turn higher appeared on BitcoinEthereumNews.com.
KORU (Direxion Daily MSCI South Korea Bull 3X ETF) delivers 300% daily leveraged exposure to South Korean large‑ and mid‑caps, making it a high‑volatility instrument suited for short‑term tactical trades rather than long‑term investing. Quick instrument snapshot Full name: Direxion Daily MSCI South Korea Bull 3X ETF (KORU). Objective: Targets +300% daily performance of the MSCI Korea 25/50 Index (before fees and expenses). Primary listing: NYSE Arca. KORU – Daily Elliott Wave chart (Update: July 8, 2026) The latest daily chart shows the rally from the April 2025 low ending in wave (I) at $1,284.97. The subsequent wave (II) pullback appears to be unfolding as a zigzag corrective pattern: Wave a ended at $580.00. Wave b bounced to $1,111.00. Wave c is targeting the blue‑box area between $422.65 and $259.92. From that blue‑box zone, buyers may look for a turn higher — eithe
The post Bitcoin’s ETF comeback is relying on a $79B futures market betting the rebound holds appeared on BitcoinEthereumNews.com.
Bitcoin’s rebound above $63,000 is being helped by renewed ETF inflows, but the harder test will now be whether the liquidity beneath the move can absorb shock from rising leverage, funding pressure, or a sudden reversal in fund demand. Data from CryptoSlate shows BTC trading around $61,500 as of press time, down 3.2% over the last 24 hours but up 2.8% over the past week. The price is just about sustaining Bitcoin’s recovery from late-June lows near $58,500, when weak ETF flows, rising exchange supply, and softer liquidity combined to pressure the market. This now-fragile rebound has more support than it did during the June sell-off because ETF inflows have returned, even as rising futures activity makes the recovery more sensitive to market positioning. Related Reading Bitcoin price rebounds to $63K as leverage returns creating short term volatility risk B
Bitcoin remains in deep value after five months below key investor cost bases. Long-term holder capitulation is accelerating while ETF flows stay negative. Derivatives have de-risked but the options surface retains a defensive tilt. The bottoming process is advancing, but not yet complete.
The post Criticism follows as South Korea police picks Dunamu for crypto custody appeared on BitcoinEthereumNews.com.
Firms that sent competing proposals to South Korea’s National Police Agency to win the contract to become the official crypto custodian of the agency’s seized crypto have gone off on a criticism tangent again after Dunamu emerged as the top bid at the end of the process. The complaints point to how the firm running Upbit, South Korea’s largest crypto exchange, winning the bidding process as vindication for earlier observations that the tender’s terms gave larger exchanges a decisive advantage over custody-first upstarts. As Cryptopolitan reported in June, pure-play crypto custody firms noted that insurance and loss coverage clauses listed in the procurement database effectively undermined their bids. Who won the bid for South Korea’s police agency’s seized BTC? Local reports put Dunamu at the top of the Public Procurement Service’s Nara Jangteo as of Wednesday, July 8.
The post WinWin, Heeseung And More: Every KPop Idol Departure In 2026 appeared on BitcoinEthereumNews.com.
SEOUL, SOUTH KOREA – FEBRUARY 22: Winwin, Mark, Haechan of NCT 127 attend the 2017 Gaon Chart K-pop Music Awards at Jamsil Arena on February 22, 2017 in Seoul, South Korea. (Photo by The Chosunilbo JNS/Imazins via Getty Images) ImaZins via Getty Images K-pop has always had a complicated relationship with permanence. Groups form on survival shows with fixed end dates, contracts run for years without public disclosure, and fanbases are built around rosters that can change with a single label announcement. In 2026, those changes have arrived in an unusually compressed window. From January to July, four significant departures — or group splits — have reshaped some of the industry’s most prominent acts, most recent of which is NCT and WayV’s WinWin. Here is the updated list of every departure so far. Heeseung leaves ENHYPEN: March 10, 2026 INDIO, CALIFORNIA – APRIL 19: (FOR EDITORIAL U
The post ARK Invest Europe Expands Institutional Team to Grow ETF and Private Markets Business appeared on BitcoinEthereumNews.com.
Sneha Agrawal With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Block of Fame, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world – without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books. Source: https://coingape.com/block-of-fame/pulse/ark-invest-europe-expands-institutional-team-to-grow-etf-and-private-markets-business/
The post Markets Tumble as Trump Ends Iran Ceasefire, Oil Prices Spike Above $74 appeared on BitcoinEthereumNews.com.
Key Takeaways President Trump announced the end of the US-Iran ceasefire during NATO meetings in Ankara, triggering widespread market volatility Major index futures declined significantly, with Dow futures shedding more than 500 points Crude oil prices jumped over 5% following the US decision to cancel Iran’s crude export authorization South Korean markets plummeted 5.4%, leading losses across Asian trading sessions Market participants await Federal Reserve meeting minutes from June for insight into monetary policy under Chair Kevin Warsh American equity futures experienced significant declines Wednesday morning following President Donald Trump’s announcement that the ceasefire agreement with Iran has concluded. Futures contracts for the Dow Jones Industrial Average tumbled over 500 points, representing approximately a 1% decline. The S&P 500 futures contract decreased
Solana’s ETF story keeps gaining weight. The latest Bitwise-linked filing puts SOL more firmly into the institutional product conversation, even if approval is still a separate and much harder question. The useful way
Solana’s ETF story keeps gaining weight. The latest Bitwise-linked filing puts SOL more firmly into the institutional product conversation, even if approval is still a separate and much harder question. The useful way