The Nasdaq's decline widened to 2%, while the S&P 500 is currently down 1.29%.

- Canary Capital's first U.S. XRP ETF launched on Nasdaq, driving 3.28% price surge to $2.48 before retreating to $2.15. - Combined XRP ETF inflows exceeded $245 million initially, but trading volumes dropped 55% as retail enthusiasm waned. - Technical indicators show a "death cross" pattern and $343M large wallet transfer, signaling bearish momentum risks. - Market remains divided between institutional adoption potential and short-term volatility, with XRP near critical $2.15 support level.

- South Korea's Digital Asset Basic Act (2025) establishes a unified regulatory framework for crypto assets, targeting stablecoins and cross-border transactions. - Stablecoin issuers face licensing, reserve requirements, and FSC oversight, while foreign VASPs must register and report transactions to combat forex crimes. - The reforms aim to balance innovation with financial stability, potentially attracting investment but increasing compliance costs for firms and scrutiny for investors. - As Asia's major c