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OECD Predicts South Korea's Potential Growth Rate Will Hit Record Low by 2027
On June 7, according to Yonhap News Agency, the Organization for Economic Cooperation and Development (OECD) stated on Sunday that despite the semiconductor industry's boom driving strong export growth in South Korea, the country's potential growth rate is expected to fall to a historic low next year. The OECD's latest data shows that South Korea's potential economic growth rate for 2027 is projected to be 1.52%, a significant decrease from this year's 1.66%. On a quarterly basis, South Korea's potential economic growth rate is expected to further decline to 1.46% by the fourth quarter of next year. If this occurs, it will mark the first time since the OECD began releasing such data that South Korea's projected potential growth rate falls below 1.5%.
On June 7, according to Yonhap News Agency, the Organization for Economic Cooperation and Development (OECD) stated on Sunday that despite the semiconductor industry's boom driving strong export growth in South Korea, the country's potential growth rate is expected to fall to a historic low next year. The OECD's latest data shows that South Korea's potential economic growth rate for 2027 is projected to be 1.52%, a significant decrease from this year's 1.66%. On a quarterly basis, South Korea's potential economic growth rate is expected to further decline to 1.46% by the fourth quarter of next year. If this occurs, it will mark the first time since the OECD began releasing such data that South Korea's projected potential growth rate falls below 1.5%.
Jensen Huang Meets Representatives of Two Major Korean Game Companies to Discuss AI Collaboration in Gaming
On June 7, it was reported that NVIDIA CEO Jensen Huang met with KRAFTON founder and chairman Chang Byung-kyu and NCSOFT representative Kim Taek-jin at an internet cafe in the Gangnam district of Seoul. It is understood that Huang and Chang may have discussed humanoid robots and physical AI, as well as collaboration in the gaming sector based on NVIDIA's recently released AI laptop series 'RTX Spark.' KRAFTON has long collaborated with NVIDIA to develop AI features and integrate them into games. The partnership formed through gaming has also facilitated discussions on physical AI collaboration between the two parties. Senior executives from KRAFTON visited NVIDIA's headquarters in California last April to explore new generation technology collaboration directions, including robotics, with Huang. After concluding the meeting with KRAFTON executives, Huang moved to another nearby internet cafe to meet with Kim Taek-jin and other NCSOFT executives. Huang also engaged in a live-streamed discussion with Kim, exchanging views on the development direction of the gaming industry and AI technology.
On June 7, it was reported that NVIDIA CEO Jensen Huang met with KRAFTON founder and chairman Chang Byung-kyu and NCSOFT representative Kim Taek-jin at an internet cafe in the Gangnam district of Seoul. It is understood that Huang and Chang may have discussed humanoid robots and physical AI, as well as collaboration in the gaming sector based on NVIDIA's recently released AI laptop series 'RTX Spark.' KRAFTON has long collaborated with NVIDIA to develop AI features and integrate them into games. The partnership formed through gaming has also facilitated discussions on physical AI collaboration between the two parties. Senior executives from KRAFTON visited NVIDIA's headquarters in California last April to explore new generation technology collaboration directions, including robotics, with Huang. After concluding the meeting with KRAFTON executives, Huang moved to another nearby internet cafe to meet with Kim Taek-jin and other NCSOFT executives. Huang also engaged in a live-streamed discussion with Kim, exchanging views on the development direction of the gaming industry and AI technology.
Opinion: Single-Day Plunge Has Never Defeated the S&P 500, Bullish on Monday's Opening for a Rebound
BlockBeats News, June 7th, Bull Theory released a market analysis stating that the approximately 2.6% drop in the S&P 500 on Friday triggered market panic. However, in the context of a 75-year historical perspective, this fluctuation doesn't even rank among the top 200 largest single-day declines. From 1949 to the present, the S&P 500 has weathered numerous true market crashes—such as the 1987 Black Monday with a single-day plunge of 20.47%, the 2020 COVID-19 collapse with an 11.98% drop, and the 2008 financial crisis with a 9.03% decline—but after each major drop, the index has continued to reach new highs, climbing from just a few points to over 5500 points. Friday's pullback is simply a normal "breather" within the bull market, representing a healthy digestion rather than a trend reversal.
In its history, the S&P 500 has survived through the bursting of the dot-com bubble, the 1998 Long-Term Capital Management collapse, debt ceiling crises, and Trump's tariff threats, among other multiple shocks, and its long-term uptrend has never been broken by a single-day crash. Last Friday was not doomsday; the S&P 500 always "survives" and moves higher after such events, and there is optimism for a rebound after Monday's opening.
BlockBeats News, June 7th, Bull Theory released a market analysis stating that the approximately 2.6% drop in the S&P 500 on Friday triggered market panic. However, in the context of a 75-year historical perspective, this fluctuation doesn't even rank among the top 200 largest single-day declines. From 1949 to the present, the S&P 500 has weathered numerous true market crashes—such as the 1987 Black Monday with a single-day plunge of 20.47%, the 2020 COVID-19 collapse with an 11.98% drop, and the 2008 financial crisis with a 9.03% decline—but after each major drop, the index has continued to reach new highs, climbing from just a few points to over 5500 points. Friday's pullback is simply a normal "breather" within the bull market, representing a healthy digestion rather than a trend reversal.
In its history, the S&P 500 has survived through the bursting of the dot-com bubble, the 1998 Long-Term Capital Management collapse, debt ceiling crises, and Trump's tariff threats, among other multiple shocks, and its long-term uptrend has never been broken by a single-day crash. Last Friday was not doomsday; the S&P 500 always "survives" and moves higher after such events, and there is optimism for a rebound after Monday's opening.
Data: When the S&P 500 fell over 3% on Friday, there is a 70% probability of further downside on Monday.
BlockBeats News, June 7th, Crypto Rover released data showing that since 1950, there have been a total of 184 occurrences where the S&P 500 Index fell by over 1.5% on a Friday. Following these instances, the following Monday saw an increase only 54% of the time. When the Friday drop exceeded 3%, the probability of a Monday decline was as high as 70%. With the S&P 500 falling by 2.65% this Friday, it is likely to face continued pressure at Monday's opening.
According to Bitget market data, US tech stocks plummeted last Friday, with the Dow Jones falling by 1.35% and the S&P 500 Index dropping by 2.65%, marking the largest single-day decline since October 2025.
BlockBeats News, June 7th, Crypto Rover released data showing that since 1950, there have been a total of 184 occurrences where the S&P 500 Index fell by over 1.5% on a Friday. Following these instances, the following Monday saw an increase only 54% of the time. When the Friday drop exceeded 3%, the probability of a Monday decline was as high as 70%. With the S&P 500 falling by 2.65% this Friday, it is likely to face continued pressure at Monday's opening.
According to Bitget market data, US tech stocks plummeted last Friday, with the Dow Jones falling by 1.35% and the S&P 500 Index dropping by 2.65%, marking the largest single-day decline since October 2025.
Analysis: The South Korean stock market is expected to see a "Sell-off before Buy-in" scenario on Monday, providing a good buying opportunity after leverage unwinding.
BlockBeats News, June 7th — Trader 3X Long Labubu stated that he is bearish on the short-term trend of the South Korean stock market but is prepared to buy the dip at the bottom. He plans to adopt a "sell first, buy later" deleveraging trading strategy. The trader predicted a high probability of a significant drop in the South Korean KOSPI index on Monday, with a focus on the 7050 level. Unless NVIDIA CEO Jensen Huang provides a clear positive catalyst before the South Korean market opens, the KOSPI will "shit like no tomorrow" (plunge as if there is no tomorrow). Currently, the South Korean market is highly leveraged, with retail investors often using 5x leverage. Once panic sets in, it is easy to see a single-day 15-20% decline, potentially triggering a circuit breaker. From the perspective of KOSPI futures and the U.S.-listed EWY (South Korea ETF), the market has actually priced in a significant portion of the anticipated plunge in advance.
The trader also pointed out that the buying signal at the bottom after the plunge is when the U.S. and South Korean stocks bottom out simultaneously. The plan is to buy Nasdaq futures and South Korea 3x leverage ETF during the overnight session. In addition, one should not enter the market immediately when it reaches a key level (such as the 21-day moving average), but rather wait for the key candlestick to bottom out at a support level, wait for the next candlestick to bounce, and then confirm the entry, which is a more prudent approach.
BlockBeats News, June 7th — Trader 3X Long Labubu stated that he is bearish on the short-term trend of the South Korean stock market but is prepared to buy the dip at the bottom. He plans to adopt a "sell first, buy later" deleveraging trading strategy. The trader predicted a high probability of a significant drop in the South Korean KOSPI index on Monday, with a focus on the 7050 level. Unless NVIDIA CEO Jensen Huang provides a clear positive catalyst before the South Korean market opens, the KOSPI will "shit like no tomorrow" (plunge as if there is no tomorrow). Currently, the South Korean market is highly leveraged, with retail investors often using 5x leverage. Once panic sets in, it is easy to see a single-day 15-20% decline, potentially triggering a circuit breaker. From the perspective of KOSPI futures and the U.S.-listed EWY (South Korea ETF), the market has actually priced in a significant portion of the anticipated plunge in advance.
The trader also pointed out that the buying signal at the bottom after the plunge is when the U.S. and South Korean stocks bottom out simultaneously. The plan is to buy Nasdaq futures and South Korea 3x leverage ETF during the overnight session. In addition, one should not enter the market immediately when it reaches a key level (such as the 21-day moving average), but rather wait for the key candlestick to bottom out at a support level, wait for the next candlestick to bounce, and then confirm the entry, which is a more prudent approach.
Analysis: MVRV Indicator Shows BTC Has a Better Entry Point Below $53,900
BlockBeats News, June 7th, Analyst @alicharts believes that the best risk-reward opportunity for Bitcoin usually occurs when the MVRV (Market Value to Realized Value ratio) price band drops to the 1.0 and 0.8 levels. Currently, these two key price bands correspond to $53,900 and $43,130, respectively. This means that if BTC retraces to the above-mentioned range, it may provide a good entry point.
BlockBeats News, June 7th, Analyst @alicharts believes that the best risk-reward opportunity for Bitcoin usually occurs when the MVRV (Market Value to Realized Value ratio) price band drops to the 1.0 and 0.8 levels. Currently, these two key price bands correspond to $53,900 and $43,130, respectively. This means that if BTC retraces to the above-mentioned range, it may provide a good entry point.
South Korean Retail Investors 'Top Out' US Stocks, Selling Over 1 Trillion Korean Won of Overseas Stocks This Week
BlockBeats News, June 7th. According to Yonhap News Agency, South Korean retail investors sold overseas stocks worth over 1 trillion Korean won in the first week of June, continuing the net selling trend since April. This amount far exceeds the $469 million in April and is close to the record $940 million for the entire month of May. If the selling continues until the end of the month, it will be the first time to see three consecutive months of net selling since April to July 2023. It is worth noting that this selloff occurred against the backdrop of the U.S. stock market repeatedly hitting new highs, with market expectations that retail funds may flow back to South Korea.
The KOSPI in South Korea broke through the historical 8,000-point mark at the end of May, led by semiconductor stocks. South Korean retail investors are taking profits in the U.S. stock market at high levels and returning to the domestic market to reposition their assets.
BlockBeats News, June 7th. According to Yonhap News Agency, South Korean retail investors sold overseas stocks worth over 1 trillion Korean won in the first week of June, continuing the net selling trend since April. This amount far exceeds the $469 million in April and is close to the record $940 million for the entire month of May. If the selling continues until the end of the month, it will be the first time to see three consecutive months of net selling since April to July 2023. It is worth noting that this selloff occurred against the backdrop of the U.S. stock market repeatedly hitting new highs, with market expectations that retail funds may flow back to South Korea.
The KOSPI in South Korea broke through the historical 8,000-point mark at the end of May, led by semiconductor stocks. South Korean retail investors are taking profits in the U.S. stock market at high levels and returning to the domestic market to reposition their assets.
New Stock Guru Serenity Shares Investment Methodology: Discovering Trends Not Yet Recognized by the Market Rather Than Following Consensus
On June 7, 'New Stock Guru' Serenity published an article sharing his investment methodology, stating that his investment style essentially belongs to discretionary investing. The core focus is on discovering industry trends that the market has not yet reached a consensus on, combining real-world observations, industry research, and revenue forecasts for high-confidence projections. Serenity used Raspberry Pi (RPI) as an example, indicating that while most investors still view it as an educational and DIY hardware, he observed an increasing number of developers starting to use Raspberry Pi and Apple Mac Mini to deploy AI applications, validating this trend through online tutorials, and ultimately concluding that AI would become a new growth engine for companies. Subsequently, the company's financial report showed a 58% year-on-year revenue growth, significantly exceeding the market's previous growth expectation of 14%. Discussing the investment case of AXT (AXTI), Serenity stated that his judgment was based on research of the indium phosphide (InP) substrate supply chain and expectations of a photonics supercycle. At that time, the market generally believed that the related market size was limited, but he believed that AXT held about 40% of the InP supply chain share, possessing a critical bottleneck position, thus its long-term value was severely underestimated. Following this, Goldman Sachs and related industry chain companies successively released research and performance data that validated some of his views. Regarding X-FAB (XFAB), Serenity mentioned that it is currently still in the 'projection validation stage.' Although the market generally does not view it as a photonics company, he found in government documents, ASE data, and industry chain information that the company is becoming an important player, and Nvidia is evaluating its related capabilities. He will continue to observe in the coming months to see if more evidence validates this investment logic. Serenity stated that many current investment opportunities arise from a comprehensive inference of fragmented information, real trends, and industry changes, rather than just traditional valuation models. He believes that investing is essentially a process of combining long-accumulated industry knowledge, life experience, and market analysis. While high-confidence projections may sometimes be wrong, they are often a significant source of excess returns.
On June 7, 'New Stock Guru' Serenity published an article sharing his investment methodology, stating that his investment style essentially belongs to discretionary investing. The core focus is on discovering industry trends that the market has not yet reached a consensus on, combining real-world observations, industry research, and revenue forecasts for high-confidence projections. Serenity used Raspberry Pi (RPI) as an example, indicating that while most investors still view it as an educational and DIY hardware, he observed an increasing number of developers starting to use Raspberry Pi and Apple Mac Mini to deploy AI applications, validating this trend through online tutorials, and ultimately concluding that AI would become a new growth engine for companies. Subsequently, the company's financial report showed a 58% year-on-year revenue growth, significantly exceeding the market's previous growth expectation of 14%. Discussing the investment case of AXT (AXTI), Serenity stated that his judgment was based on research of the indium phosphide (InP) substrate supply chain and expectations of a photonics supercycle. At that time, the market generally believed that the related market size was limited, but he believed that AXT held about 40% of the InP supply chain share, possessing a critical bottleneck position, thus its long-term value was severely underestimated. Following this, Goldman Sachs and related industry chain companies successively released research and performance data that validated some of his views. Regarding X-FAB (XFAB), Serenity mentioned that it is currently still in the 'projection validation stage.' Although the market generally does not view it as a photonics company, he found in government documents, ASE data, and industry chain information that the company is becoming an important player, and Nvidia is evaluating its related capabilities. He will continue to observe in the coming months to see if more evidence validates this investment logic. Serenity stated that many current investment opportunities arise from a comprehensive inference of fragmented information, real trends, and industry changes, rather than just traditional valuation models. He believes that investing is essentially a process of combining long-accumulated industry knowledge, life experience, and market analysis. While high-confidence projections may sometimes be wrong, they are often a significant source of excess returns.
Grayscale Files Spot ETF S-1 for Canton Coin (CC)
BlockBeats News, June 7th, Grayscale filed an S-1 application with the U.S. Securities and Exchange Commission on June 5th to launch a spot ETF for the Canton token CC.
BlockBeats News, June 7th, Grayscale filed an S-1 application with the U.S. Securities and Exchange Commission on June 5th to launch a spot ETF for the Canton token CC.
Joseph Lubin mortgaged 412,430 ETH to borrow 259 million DAI, with a Loan-to-Value (LTV) ratio dropping below 1.2 temporarily.
BlockBeats News, June 7th. According to on-chain analyst Ai Auntie (@ai_9684xtpa), it is highly likely that three addresses belonging to Ethereum co-founder Joseph Lubin collectively collateralize 412,430 ETH, worth $6.53 billion, and borrow 259 million DAI. The loan-to-value ratio dropped below 1.2 yesterday, putting the account at risk of liquidation.
However, the possibility of this address cluster being liquidated is extremely low. Ethereum co-founder Joseph Lubin acquired 540,000 ETH in 2015 through an ICO at a cost as low as $0.31, making him a "Cash Reservist." During yesterday's ETH price drop, he added 110,000 ETH as collateral, bringing the health factor back above 1.48 and significantly reducing the risk of liquidation.
BlockBeats News, June 7th. According to on-chain analyst Ai Auntie (@ai_9684xtpa), it is highly likely that three addresses belonging to Ethereum co-founder Joseph Lubin collectively collateralize 412,430 ETH, worth $6.53 billion, and borrow 259 million DAI. The loan-to-value ratio dropped below 1.2 yesterday, putting the account at risk of liquidation.
However, the possibility of this address cluster being liquidated is extremely low. Ethereum co-founder Joseph Lubin acquired 540,000 ETH in 2015 through an ICO at a cost as low as $0.31, making him a "Cash Reservist." During yesterday's ETH price drop, he added 110,000 ETH as collateral, bringing the health factor back above 1.48 and significantly reducing the risk of liquidation.