BITPRESS | Where the money moves behind the news

Samsung said it earned KRW 107 trillion in a single quarter. Why did its stock fall that day?

Samsung Electronics' third-quarter operating profit of KRW 107.4 trillion was only about 0.7% above the analyst estimate compiled by FnGuide, and on the same day selling tied to a chip ETF...

Crypto

Binance vs. Coinbase

83% of the bitcoin Binance holds sits at addresses whose public keys are already exposed; at Coinbase it is 10% (Glassnode data, Oct. 8). The two exchanges, one first in trading volume and the other first in an...

Real Estate

179,000 Seoul homes to be rebuilt. Why are renters worried?

In 2028 alone, 45,256 households in Seoul's redevelopment zones will move out, while only 13,683 new apartments are expected to open that year. New homes appear only after...

Government Policy

Oil is up 70% in the Iran war. Why is gold down 27%?

In March, the first month of the US-Iran war, gold fell 14.5%, more than US stocks (S&P 500 -7.8%). As higher oil stoked inflation, the US raised rates in...

Korean Stocks

LG Energy Solution earned KRW 430 billion (about $321 million) more than forecast. Where did it come from?

Of the roughly KRW 430 billion LG Energy Solution earned above forecasts, only about KRW 38 billion (about $28 million) came from the U.S. tax credit; about KRW 390 billion came...

Crypto

US rates are 4%, a crypto dollar pays 10%. Who pays the difference?

On a day when three-month U.S. Treasury bills yielded 4.14% (Oct. 6), crypto exchange OKX unveiled an app paying up to 10% a year on the dollar coin USDG without...

Crypto

Bitcoin fell 30% in a year. Why did Zcash jump 24x?

While Bitcoin fell about 31% in a year, Zcash rose about 2,300% from September 2025 to September 2026, and about 29% of all Zcash mined sits in a space for hidden...

Korean Stocks

Dieters rejoice! Korea approves its own GLP-1 shot, Efpe

Korea's obesity drug market tripled in a year, from about $181 million to $612 million, and Mounjaro took 85% of it in August. Homegrown Efpe posts smaller weight loss...

Real Estate

Same Seoul home, capital gains tax from $180K to $702K: who will buy the Gangnam listings?

Under the government plan, the capital gains deduction for long-time one-home owners gets a 1-billion-won ($743,000) cap from 2029, and apartment listings in Seoul's three Gangnam districts have since risen 64.1% from the end of...

Government Policy

Tariffs up, so why is the US trade deficit, at $105.6 billion, a 17-month high?

U.S. imports of computers, chips and accessories in January-August reached $503.9 billion, up $234.4 billion (+87%) in a year, more than the rise in all goods imports ($96.9 billion). The 19.9% drop in the year-to-date...

Korean Stocks

From 57th to No. 2 on KOSDAQ: why did Jusung Engineering rise 9x this year?

At the start of the year, no chip company was among KOSDAQ's top 10 by market value; during trading on Oct. 1 there were six, and Jusung Engineering led them, going...

Crypto

Bitcoin used to be down 70-80% a year after a peak. Why only 32% this time?

A year after past peaks, bitcoin was down 69.7% to 82.3%, but this time it is down 32%, and even the deepest point, on June 30, was only -53%. As institutional money that keeps a set...

Real Estate

Seoul curbed home buying to cool prices. Why did lease prices jump 8%?

After Seoul was turned into a land-transaction permit zone that makes buyers live in a home for two years, Seoul apartment jeonse listings fell 15.7% from the day the measures were...

Investing 101

The Fed's rate is lower than two years ago. Why are Treasury yields at a 24-year high?

The U.S. benchmark rate is one percentage point lower than two years ago, yet the 10-year Treasury yield rose 1.54 points, and 0.91 points of that was the extra pay for tying up money for a long time (the...

Government Policy

Korea collected $47B more in taxes. Why isn't its debt shrinking?

The KRW 63.2 trillion (about $46.8 billion) is not money left over but taxes above the March forecast, and with this year's budget about KRW 108 trillion in deficit, national...

Real Estate

Mortgage rates rose four months straight. Why are Seoul homes under 600 million won selling more?

Korea's mortgage rates rose four months in a row, from 4.32% in May to 4.66% in August, yet homes at or under 600 million won (about $444,000) grew from 17.0% of Seoul apartment sales (December 2024-September 2025) to 25.1% (contracts since...

IT & Business

Broadcom sells chips. Why lend Anthropic $42B?

The up to $42 billion Broadcom has agreed to lend Anthropic is about a third of Anthropic's five-year, $125.2 billion TPU rental commitment, and about 1.75 times the $24 billion in cash...

Korean Stocks

Samsung's KRW 15 trillion buyback ends. Who absorbs the KRW 14 trillion of selling?

From Aug. 24 to Oct. 1, Samsung Electronics bought back its own shares worth about 97% of the KRW 14.639 trillion that foreign and retail investors net sold, and that buying is due to end on Oct. 6...

Crypto

Metaplanet sold 1 trillion won of bitcoin and bought it back for 1.3 trillion. Why?

Metaplanet bought bitcoin back at an average of about 9% above its sale price, paying about 99.4 billion won extra on the 10,000 coins it sold...

Crypto

Why NYSE's owner is teaming up with a crypto exchange to sell stocks 24/7

Korean brokerages reopened daytime trading in November 2025, already offering about 23 hours of U.S. stock trading on weekdays. What NYSE parent ICE and...

Investing 101

Korea's rich sold $1.16 billion of Samsung and SK hynix. Why did they buy covered calls?

In the third quarter (July to Sept. 2026), clients with KRW 1 billion ($736,000) or more in financial assets net sold KRW 1.581 trillion ($1.16 billion) of Samsung Electronics and SK hynix, while the KRW 1 billion to 3 billion group...

Crypto

Is Mt. Gox's $2.88 billion in Bitcoin really bad news if it is released at the end of this month?

In July 2024, the month Mt. Gox began returning Bitcoin, Bitcoin slid to $53,600 on July 5 but ended the month up 3.1%. The variable this time is not only the remaining 34,387.51 coins...

IT & Business Investing 101

Crypto firm with a bank sign: are my coins protected like a deposit?

If a regular bank fails, government insurance repays deposits up to $250,000 per depositor, per bank, per ownership category, but crypto assets are not covered by that insurance. The...

Investing 101

The dollar fell 10%, but a 2x inverse ETF gained 22.8%. Why did it make more than 2x?

The US Dollar Futures Index fell 9.91%, so a simple 2x would be 19.8%, but KODEX's 2x inverse dollar ETF, the top gainer, rose 22.76% (June 1 to Sept. 30). Its design, which resets to twice each day's return...