- Analysts said the Kospi surged 77.9%% and the Nasdaq rose 14.8%% this year, while Bitcoin fell 9.1%% and Ether dropped 22.2%%.
- Coinbase swung to a loss as revenue fell 21%%, posting a $390 million net loss and moving ahead with 700 job cuts.
- Analysts said Korean exchanges are taking a bigger hit to earnings because of their fee-based revenue structure, a sharp drop in trading value, and regulations blocking institutional trading, ETFs, stablecoins and derivatives.
Forecast Trend Report by Period
Global stock markets have rallied this year on gains in artificial intelligence and semiconductor shares, while digital assets alone have remained mired in a slump, iM Securities said….
