bloomingbit

O Nasdaq caiu após uma forte queda durante o pregão.
Às 23h48 de 27 de julho, os dados do Yahoo Finance mostraram que o índice estava 0,55% abaixo do fechamento anterior, de 24.839,37.
A queda foi impulsionada por perdas acentuadas em grandes componentes do índice, especialmente ações de semicondutores. A Nvidia era negociada a US$ 198,85, queda de 3,88% em relação à sessão anterior. Os ADRs da SK Hynix caíram 7,01%, enquanto a Micron recuou 4,99% e a AMD perdeu 6,45%.

A South Korean court ruled that virtual assets paid to employees in exchange for ending a dispute with their employer early and keeping it out of public view were taxable gratuities rather than damages.
According to the legal community on July 27, the Seoul Administrative Court's Second Administrative Division, led by Presiding Judge Kong Hyun-jin, ruled against five former employees of Ground1, now Ground X, including a plaintiff identified only as A. The suit sought to overturn tax offices' refusal to revise their comprehensive income tax assessments.
A and the other plaintiffs worked at Ground1, Kakao's blockchain affiliate, before accepting recommended resignations in September 2020 after conflicts with the company over job reassignments and organizational restructuring. In addition to severance pay, retirement consolation payments and compensation for unused annual leave, the company paid them virtual assets it had issued. After reporting and paying comprehensive income tax on the assets, they sought a reassessment and a refund of about $8 million, arguing the payment was a dispute settlement stemming from an unfair labor practice or damages. They filed suit after the tax authorities rejected the request.
The court focused on language in the resignation agreement stating that the company would provide virtual assets if the employees refrained from conduct that could damage the company's reputation, including media interviews.
The panel said the plaintiffs received the virtual assets in addition to ordinary severance pay in return for stopping conduct that could harm the company's reputation. The payment was made as a gratuity for ending the dispute early and maintaining confidentiality, the court said, making it taxable as "other income" under the Income Tax Act.
Lee In-hyuk, Hankyung.com reporter twopeople@hankyung.com

Bitcoin climbed back above $65,000 after the US and Iran held off on military strikes for a second straight day.
CoinDesk reported on July 27 that Bitcoin was trading in the $65,000 range, up about 1.2% from 24 hours earlier. Ether rose more than 3% to near $1,950, while other top-10 tokens by market capitalization, including Solana and XRP, gained 1% to 2%. International oil prices, by contrast, dropped about 5%.
The US and Iran had agreed to a temporary ceasefire earlier in the second quarter after clashes began in late February, but fighting soon resumed. Iran has reportedly signaled that it would also stop its airstrikes if the US halts its bombing campaign.
Vikram Subburaj, chief executive officer of crypto exchange Giottus, said prices are also reacting to macroeconomic trends. Brent crude has fallen 4.7%, easing some inflation concerns, but the Federal Reserve's July 28-29 meeting remains the immediate risk. The market is pricing in a 36.3% chance of a 25-basis-point rate increase. Ether's gain of more than 3% suggests some money is rotating into altcoins, but Bitcoin dominance remains at 58.6%, indicating it is still too early to call it a broad altcoin rally, he added.
Joao Wedson, founder and chief executive officer of analytics platform Alphractal, wrote on X that the stretch from Bitcoin's halving to the next bear-market bottom has lasted about 900 days in each cycle. The current cycle is already on day 827. If that pattern holds, Bitcoin is already in the process of forming a bottom, with a final low potentially emerging within the next two months.

Os ETFs de câmbio à vista (ETFs) de Bitcoin e Ether dos EUA registraram entradas líquidas semanais pela terceira semana consecutiva.
A Wu Blockchain informou em 27 de julho que os ETFs spot de Bitcoin dos EUA registraram entradas líquidas de US$ 33,79 milhões na semana de 20 a 24 de julho. Os ETFs spot de Ether dos EUA atraíram entradas líquidas de US$ 104 milhões no mesmo período, estendendo também sua sequência para três semanas consecutivas.
Maiores ETFs de spot de altcoins também atraíram dinheiro novo. Os ETFs spot de Solana registraram entradas líquidas de US$ 7,2 milhões, enquanto os ETFs spot de XRP tiveram entradas líquidas de US$ 8,15 milhões.

O Senado dos EUA tem cerca de duas semanas para aprovar a Lei CLARITY, uma legislação que definiria a estrutura de mercado para ativos digitais, enquanto democratas e republicanos seguem em desacordo sobre uma disposição-chave de ética.
A CoinDesk informou em 26 de julho que legisladores divulgaram uma nova emenda à Lei CLARITY, combinando dois projetos apresentados separadamente pela Comissão de Assuntos Bancários do Senado e pela Comissão de Agricultura do Senado. A medida revisada inclui, pela primeira vez, uma disposição de ética voltada ao presidente Donald Trump, que impediria altos funcionários públicos de emitir ou patrocinar seus próprios ativos digitais.

Global financial markets this week will zero in on earnings from major US technology companies and the outcome of the Federal Open Market Committee meeting. Crypto markets are also poised to react to signals on artificial intelligence investment and the path of interest rates.
From July 27 to July 31, major US technology companies including Microsoft, Meta Platforms and Amazon.com are due to report second-quarter results. Investors are focused less on the earnings figures themselves than on capital expenditure plans, the pace of AI infrastructure spending and changes in free cash flow.
Alphabet earlier posted results that beat market expectations, but its free cash flow turned negative for the first time on record as it increased spending on AI infrastructure. That has made the hit to profitability from heavier AI investment a key variable this earnings season.
The Federal Reserve will hold its FOMC meeting on July 28-29 to set benchmark interest rates. CME FedWatch data show markets are pricing in a high probability that rates will remain unchanged. At a press conference scheduled for early July 30 in Korea, Fed Chair Kevin Warsh will be closely watched for signals on the timing of future rate cuts and the central bank's response to inflation pressures from higher oil prices.
The Middle East is another variable. If tensions between Saudi Arabia and Houthi rebels escalate, pressure on international oil prices could continue to build. That could weigh on sentiment toward risk assets.
In Chinese equities, ChangXin Memory Technologies, China's largest DRAM maker, will list on July 27. Later in the week, investors will watch the Chinese Communist Party Politburo meeting for signs of additional economic stimulus or industry support measures.

Hanwha raises Dunamu stake to 9.84%; Samsung affiliates acquire 4%
Brokerages speed up issuance and trading platforms before February law takes effect
South Korea’s securities industry is intensifying its race to secure an early lead in security tokens, or STOs, before the market enters the regulatory mainstream next February. Mirae Asset Group has taken control of Korbit, while Korea Investment & Securities, Samsung Securities and Hanwha Investment & Securities have also invested in major cryptocurrency exchanges. Exchange stakes do not automatically grant authority in the security-token business, but brokerages aim to use related technology and infrastructure in broader digital-asset ventures.
Korbit Begins Anew as Digital X Under Mirae Asset
Mirae Asset Consulting, a non-financial affiliate of Mirae Asset Group, completed its purchase of the remaining Korbit stake on July 24, raising its ownership to 97.15%, according to the financial investment industry. The company bought 28,495,701 Korbit shares for 141.37 billion won ($102.4 million), becoming the largest shareholder.
A day earlier, Mirae Asset unveiled Korbit’s new name, Digital X, and outlined plans to build an investment ecosystem spanning traditional finance and digital assets.
Park Hyeon-joo, Mirae Asset Group’s global strategy officer, wrote in a letter to employees that Digital X, under the banner of Mirae Asset 3.0, would take the lead in a sweeping wave of change. He added that the company would build a new investment ecosystem centered on tokenization of real-world assets, security tokens, stablecoins, and the integration of traditional and digital assets.
Korea Investment Joins Coinone; Hanwha and Samsung Add to Dunamu Bets
Korea Investment & Securities’ investment in Coinone recently cleared a regulatory hurdle. On July 22, the Financial Intelligence Unit under the Financial Services Commission accepted a filing for a change in Coinone’s largest shareholders involving Korea Investment & Securities and OKX Ventures, the investment arm of global cryptocurrency exchange OKX. The two companies each invested 80 billion won ($58 million) for stakes of about 20%, becoming joint third-largest shareholders.
Korea Investment & Securities plans to combine Coinone’s blockchain technology with its own capabilities in financial product structuring and internal controls to expand into digital-finance businesses including security tokens and stablecoins. In May, it sent requests for proposals to major operators to build its own security-token issuance platform covering conventional financial products such as bonds and money-market funds.
Investment in Dunamu has been concentrated among Hanwha Investment & Securities and Samsung affiliates in finance and information technology. Hanwha Investment & Securities bought an additional 3.90% stake in Dunamu in June for about 597.8 billion won ($433 million). That increased its holding from 5.94% to 9.84%, making it the third-largest shareholder after Dunamu Chairman Song Chi-hyung and Vice Chairman Kim Hyeong-nyeon.
This month, Hanwha also invested about 30 billion won ($21.7 million) in Digital Asset, the operator of the Canton Network, a financial blockchain backed by Goldman Sachs and the Depository Trust & Clearing Corp. It has also made a series of earlier investments in companies tied to digital-asset data, wallets and real-world-asset tokenization. Hanwha is developing a digital-asset platform called DAP for launch next year to support investment in assets including real estate, intellectual property and unlisted shares.
Samsung Securities, Samsung SDS and Samsung Card also decided in May to buy 1.39 million Dunamu shares held by a Kakao affiliate for a combined 612.8 billion won ($444.1 million). The deal would give Samsung Securities a 2% stake, while Samsung SDS and Samsung Card would each hold 1%. Samsung Securities plans to cooperate with Dunamu on security-token issuance and distribution as well as virtual-asset services. Samsung SDS will focus on blockchain-based financial infrastructure, and Samsung Card on payments.
Security-Token Rules Arrive Next February, Fueling Platform Buildout
Revisions to the Electronic Securities Act and the Capital Markets Act, which provide the legal basis for security tokens, passed the National Assembly in January. The amended laws are due to take effect next February, one year after promulgation. They will allow distributed-ledger-based securities ledgers and permit brokerage of investment-contract securities, whose distribution through securities firms had previously been restricted.
Large brokerages are moving not only to acquire stakes in cryptocurrency exchanges but also to build security-token issuance infrastructure. Mirae Asset Securities has completed a security-token mainnet through the Next Finance Initiative, or NFI, a consortium formed with Hana Financial Group and SK Telecom. Samsung Securities has also recently sent requests for proposals to major operators to build its own security-token platform.
Shinhan Securities signed a memorandum of understanding in February with Nextrade and seven major fractional-investment companies to cooperate on issuance and distribution in the fractional-investment market. NH Investment & Securities is preparing its business through the STO Vision Group, which includes 12 companies such as NongHyup Bank and K Bank. KB Securities is pursuing tokenization of traditional financial assets including corporate bonds, funds and trust beneficiary certificates.
In the secondary market, KDX and the NXT consortium are competing after receiving preliminary approval in February for over-the-counter fractional-investment exchanges. Both aim to apply for full approval in August and are building trading systems.
For now, brokerages remain in the market-entry phase, focused on buying exchange stakes and building platforms. For the security-token market to take root, the industry will need a steady supply of investable products and a reliable framework for valuing underlying assets.
Lee Jeong-hwan, a professor in the division of economics and finance at Hanyang University, said amendments to the Electronic Securities Act and the Capital Markets Act have made the formal adoption of security tokens more tangible, prompting brokerages to treat the sector as a future growth business and move early to capture market share. More competition among securities firms could broaden the range of products and services available to investors while lowering fees, he added.
Lee also said investors should remain cautious because many security tokens are backed by assets that are harder to value than shares in listed blue-chip companies such as Samsung Electronics and SK Hynix. Investors need to look beyond the name recognition of brokerages and platforms and closely examine the value of the underlying asset, the profit structure and the likelihood of trading.
Kim Yeon-ji, Hankyung.com reporter kongzi@hankyung.com

▶ 27 de julho (seg.): Pedidos de bens duráveis dos EUA de junho (21:30, horário da Coreia) ▶ 28 de julho (ter.): Reunião da OPEP (19:00, horário da Coreia); Balança comercial dos EUA (21:30, horário da Coreia) ▶ 29 de julho (qua.): Inventários de petróleo bruto dos EUA (23:30, horário da Coreia) ▶ 30 de julho (qui.): Decisão da taxa do Fed (3:00, horário da Coreia); Declaração do Comitê Federal de Mercado Aberto (3:00, horário da Coreia); PIB preliminar da UE (18:00, horário da Coreia); Decisão da taxa do Banco da Inglaterra (20:00, horário da Coreia); PIB preliminar do 2º trimestre dos EUA (21:30, horário da Coreia); Índice de preços de gastos com consumo pessoal dos EUA de junho (21:30, horário da Coreia); Pedidos iniciais de auxílio-desemprego nos EUA (21:30, horário da Coreia) ▶ 31 de julho (sex.): Decisão da taxa do Banco do Japão (meio-dia, horário da Coreia); Índice de preços ao consumidor da UE de julho (18:00, horário da Coreia) ▶ 27 de julho (seg.): ▶ 28 de julho (ter.): Parceria HashKey (HSK) x Morpho ▶ 29 de julho (qua.): ▶ 30 de julho (qui.): Chamada de analista Ether.fi ▶ 31 de julho (sex.): Programa de recompensas da delegação do Ethereum Name Service (ENS); Conclusão do round Retro9000 C-Chain da Avalanche (AVAX); Lançamento do Consensys Node v0.75 da Hedera (HBAR)