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6/24
05:41
Svmuu News: Volatility in South Korea’s benchmark stock index has reached such extreme levels that investors and analysts are comparing the market’s sharp intraday swings to the “meme stock” craze.Although this comparison may seem somewhat exaggerated at first glance—given that the KOSPI index is underpinned by strong earnings from world-leading chip manufacturers—it is not entirely without merit.
With retail investor interest continuing to heat up, the KOSPI has closed with a gain or loss of at least 5% on 20 trading days this year, compared to just two such instances in all of 2025.Samsung Electronics has seen 8 trading days this year with gains or losses of 10% or more, compared to none last year; SK Hynix has had 11 such days this year, compared to 2 in 2025.This brings to mind the frenzy surrounding stocks like GameStop and Bed Bath & Beyond (BBBY) in the past. A major driver of the surge in volatility has been retail investors’ frenzied buying of leveraged ETFs tracking individual stocks.
In addition, the growing dominance of these two heavyweight stocks has further exacerbated volatility. According to estimates by Goldman Sachs, a 5% fluctuation in the South Korean stock market could trigger approximately $4.7 billion in ETF rebalancing capital flows, as options traders need to adjust their risk exposure. This amount is equivalent to about one-eighth of the trading volume on a typical trading day in the South Korean stock market.(Jin Shi)
05:39
Svmuu News: The Hong Kong Securities and Futures Commission (SFC) released its “2025–26 Annual Report,” which disclosed the following: For the year ended March 2026, the average daily trading value of authorized ETFs and leveraged and inverse products surged 50.6% year-over-year to HK$38.1 billion, while total market capitalization grew 25.2% to HK$651.2 billion, with the market capitalization of single-stock leveraged and inverse products soaring 60-fold during the year. Driven by strong net capital inflows, total assets under management (AUM) of funds incorporated in Hong Kong jumped 19.4% to HK$2.3 trillion.
Last year, post-listing fundraising in Hong Kong grew steadily by 18% year-over-year to HK$259 billion, while funds raised through initial public offerings (IPOs) soared by 272% to HK$379 billion. In addition, liquidity and efficiency in the secondary market improved: Average daily trading volume in the Hong Kong market rose by 54%, reaching a new high of HK$258 billion.
05:33
Svmuu News: According to Gate data, WTI crude oil has fallen 2.00% today and is currently trading at $72.17 per barrel.
05:11
Svmuu News: According to the FT, Qatar’s prime minister said that Gulf nations are negotiating a new security agreement with Iran and moving away from the U.S. security umbrella.
04:55
Svmuu News: It is reported that Bybit has added five new perpetual contracts today: the Nasdaq Composite 3x Long ETF (TQQQUSDT), Lam Research (LRCXUSDT), the South Korea 3x Long ETF (KORUUSDT),Corning (GLWUSDT), and Supermicro (SMCIUSDT)—covering multiple hot sectors such as AI, semiconductors, and high-end manufacturing.
To celebrate the launch, users can enjoy limited-time fee discounts: 0% for limit orders and 50% off for market orders.
04:53
Svmuu News: According to Onchain Lens, a whale has once again withdrawn 40,000 HYPE from Gate. The whale now holds 537,212 HYPE, worth $33.41 million.
04:43
Svmuu News: According to an official announcement, to meet users’ diverse investment needs, Bitget has launched two stock perpetual contracts: ZHIPU (Zhipu AI) and MINIMAX (MiniMax). Both are settled in USDT, support up to 20x leverage, and are available for trading 24/7. For more details, please visit the official Bitget platform.
04:28
Svmuu News: According to MSX data, U.S. stocks in the memory chip and optical communications sectors rose in premarket trading, with Micron, ARM, and Qualcomm up more than 3%.Western Digital, SanDisk, and Credo rose more than 2%, while Intel, Corning, Marvell Technology, AMD, Lumentum, and Coherent rose more than 1%.
04:23
Svmuu News: According to MSX data, at the close of trading in Hong Kong, the Hang Seng Indexndex rose 0.33%, while the Tech Index rose 1.81%.The semiconductor sector rose throughout the day, with Huahong Grinmi (01347.HK) gaining over 15% and SMIC (00981.HK) rising nearly 9%.
04:05
Svmuu News: According to Hyperinsight, TSMC. is reportedly set to raise prices for advanced-process foundry services by 5% to 10% during a large-scale capacity expansion and will disclose the latest progress on its AI chips; Susquehanna also raised its price target for TSMC. to $575 today, boosting TSM’s stock price.TSM futures on the Hyperliquid platform are currently trading at $446, up 1.2% over the past 12 hours.
Yesterday, TSM briefly retreated to around $437.5, the average entry price for on-chain long positions, before rebounding from its low and recovering above that level, bringing the overall long positions back into the floating profit zone.
The largest on-chain TSM short whale holds a 3x leveraged short position in TSM worth approximately $1.13 million, with an average entry price of $414.28.The current marked price is approximately 7.7% above their cost line, resulting in a paper loss of about $81,100 (-20%), with a liquidation price of $559.37.Large short positions in the same direction on-chain total approximately $3.28 million, while opposing long positions total approximately $1.37 million.
04:02
Svmuu News: According to official reports, SBI Group and Startale Group jointly launched JPYSC, Japan’s first yen-pegged stablecoin based on a trust structure, on June 24, 2026. Issued by SBI Shinsei Trust Bank, this stablecoin manages its reserve assets through a trust bank, offering lower transaction costs and the ability to support large-value transactions.
As Japan’s first stablecoin classified as a Type III electronic payment instrument, JPYSC’s core advantage lies in combining the regulatory transparency of Japan’s financial system with the programmability of blockchain technology, aiming to build a yen settlement infrastructure that connects traditional finance with on-chain markets.
Initially, the project is limited to use within SBI VC Trade accounts, but technical preparations for migration to a public blockchain have been completed. External circulation will be opened once regulatory and tax policies are clarified. JPYSC’s use cases span six major areas: on-chain foreign exchange markets, institutional lending, RWA settlement, retail payments, cross-border remittances, and over-the-counter (OTC) trading.
03:52
Svmuu News: SK Hynix plans to raise up to 45 trillion won (approximately $29 billion) through an ADR offering. (Jin Shi)
03:45
Svmuu News: Bitget has listed seven spot stocks, including rSCHD (U.S. Dividend Stock ETF), rYUM (Yum! Brands), rASST (Strive), and rDHI (Horton Homes), covering popular sectors such as finance and consumer goods.
Reportedly, rTokens—identified by the letter “r” followed by a stock ticker symbol (e.g., “NVIDIA” for rNVDA)—are issued by Reality, Bitget’s licensed RWA protocol. Through a partnership with the compliant brokerage firm Alpaca, they provide direct access to global liquidity pools such as Nasdaq and the New York Stock Exchange.Key features include: 1:1 reserves of underlying assets held in custody by a licensed custodian;stock dividends distributed 1:1 in token form; support for synchronous mapping of corporate actions (such as stock splits and reverse stock splits); and the ability to use holdings as joint collateral for unified accounts and U-denominated contracts, allowing users to flexibly manage their funds while holding global equity assets.
03:39
Svmuu News: According to an official announcement, Gate will open registration for the second round of the 2026 VIP Contract Elite Challenge from 15:00 on June 24 to 23:59 on July 17 (UTC+8). The competition will run from June 29 at 10:00 to July 20 at 23:59 (UTC+8). This tournament features a tiered prize pool system based on both “Trading Volume” and “Profit Margin” leaderboards. The two leaderboards combined will share a total of 50,000 USDT in cash rewards, with a single participant eligible to win up to 10,350 USDT.
Additionally, users who upgrade to or return to VIP5 or higher for the first time during the event period will receive two extra raffle entries, with a chance to win custom luxury gifts from LV. VIP8+ users who reach the specified futures trading volume will unlock a gold bar scratch-off lottery with a 100% win rate, sharing a total of 77g in physical gold bar rewards. This event also features a “Sunshine Prize”: users who make the leaderboard and meet the trading volume requirements but do not receive a cash reward will each receive a 100 USDT position experience voucher.
03:25
Svmuu News: According to a report by The Wall Street Journal on the 23rd (local time), Iranian diplomats said that, given Donald Trump’s unconventional approach, they have been studying *The Art of the Deal*, co-authored by Donald Trump and journalist Tony Schwartz in 1987.The book advises negotiators to make extreme and unpredictable demands to create anxiety and force opponents to make concessions.
Iranian negotiators have told intermediaries that they consulted a team of psychologists to help understand Donald Trump’s mindset, in an attempt to predict Donald Trump’s public reaction to Iran’s proposals.Political analysts and mediators say that Donald Trump’s high-profile and hardline statements have so far failed to elicit additional concessions from the Iranian side.
Mohammed Amersi, an Iran expert at the Wilson Center, a Washington think tank, said, “Donald Trump is employing strategies from *The Art of the Deal* to test the other side’s resolve through extreme threats.But the Iranians are well aware of his strategy.” Meanwhile, a source familiar with Iran’s diplomatic negotiations in Switzerland noted that there are no psychologists on the Iranian negotiating team, and that the Iranian side prefers to avoid speculating on a psychological level about Donald Trump’s motives or decision-making. (Jin Shi)
03:19
Svmuu News: According to Saudi Arabia’s Al Arabiya TV, Pakistani officials have stated that technical talks between the United States and Iran will resume next week. (Jin Shi)
03:18
Svmuu News: Bybit continues to expand its goal difference futures offerings, adding 18 new group stage contracts, which are now open for pre-match trading. This round of listings covers the entire group stage, including several highly anticipated matchups: Ecuador vs. Germany (June 26), Norway vs. France (June 27), Spain vs. Saudi Arabia (June 27), Jordan vs. Argentina (June 28), as well as crucial group stage matches featuring powerhouses such as Brazil and Portugal.
Contracts are priced with 10 as the benchmark; a value above 10 indicates a bet on the home team, while a value below 10 indicates a bet on the away team. Contracts settle automatically 130 minutes after the match ends. Real-time in-game trading is supported, with up to 5x leverage and a minimum entry of 10 USDT.
03:14
Svmuu News: According to SoSoValue data, the Ethereum spot ETF recorded total net outflows of $82,351,000 yesterday (June 23, Eastern Time).
The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity’s FETH ETF, with a net inflow of $15,692,900. FETH’s total historical net inflow now stands at $2.126 billion.
The Ethereum spot ETF with the largest single-day net outflow yesterday was the BlackRock (BlackRock) ETF (ETHA), with a net outflow of $86,068,200. ETHA’s total historical net inflows now stand at $11,164,000,000.
As of press time, the total net asset value of the Ethereum spot ETF stood at $8.955 billion, with the ETF’s net asset ratio (its market value as a percentage of the total market cap of Ethereum) reaching 4.46%. Its cumulative historical net inflows have reached $11.028 billion.
Ethereum Spot ETFs saw total net outflows of $82,351,000 yesterday, marking the fourth consecutive day of net outflows.
03:14
Svmuu News: According to SoSoValue data, the Bitcoin spot ETF saw total net outflows of $114 million yesterday (June 23, Eastern Time).
The spot Bitcoin ETF with the highest single-day net inflow yesterday was ARKB, offered by Ark Invest and 21Shares, with a net inflow of $30,980,200. ARKB’s total historical net inflow now stands at $1.292 billion.
Second was Fidelity’s FBTC ETF, with a single-day net inflow of $23,035,600; FBTC’s total historical net inflows now stand at $10.538 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was the BlackRock (BlackRock) ETF (IBIT), with a net outflow of $182 million; IBIT’s total historical net inflows now stand at $61.716 billion.
As of press time, the total net asset value of the Bitcoin spot ETF stood at $77.54 billion, with an ETF net asset ratio (market capitalization as a percentage of the total market capitalization of the Bitcoin) of 6.19%; its cumulative historical net inflows have reached $53.216 billion.
Bitcoin Spot ETFs saw total net outflows of $114 million yesterday, marking the fourth consecutive day of net outflows.
03:12
Svmuu News: In a report published on Smartkarma, derivatives and quantitative strategist Gordenz Schneider noted that for the 2x leveraged exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix to return to their June 22 levels, they would need to rise by about 33%, which implies that the underlying stocks would need to rebound by about 16.5%.
The report noted that on Tuesday, shares of both Samsung Electronics and SK Hynix fell by double digits, causing the prices of the related ETFs to drop by nearly 25%; among them, the Samsung 2x leveraged ETF has fallen 5.4% since its launch on May 27. He noted that South Korea’s newly launched single-stock 2x leveraged ETFs can boost returns in trending markets but can rapidly erode value during periods of high market volatility, making them best suited for short-term tactical momentum investing. (Jin Shi)

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