Mirae Asset Negotiates Up to $100M Acquisition of Korbit to Expand Crypto Services
- Acquisition Negotiation Progress: Mirae Asset is in talks to acquire Korbit, South Korea's fourth-largest cryptocurrency exchange, for up to $100 million, marking a significant milestone for institutional adoption in Asia's crypto hub.
- Market Position Appeal: Korbit has recently averaged over $50 million in daily trading volume, primarily driven by Bitcoin and Ethereum pairs, maintaining a significant market share despite strict local regulations.
- Regulatory Environment Shift: South Korea is set to implement a comprehensive digital asset regulatory framework, expected to take effect in January 2026, aimed at balancing financial stability with private sector innovation through traditional bank oversight.
- Strategic Integration Plan: If approved by the Financial Services Commission, Mirae Asset plans to integrate Korbit into its securities division to offer custody services and tokenized assets, further expanding its exploration into Web3 investments and stablecoins.
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Technical Analysis for MIRA
Technical Sentiment Analysis for Mira (MIRA) As of , Mira (MIRA) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MIRA stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MIRA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Mira (MIRA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0313 | 0.0534 | 0.0758 | 0.0979 | 0.12 | 0.142 | 0.165 |
| Fibonacci | 0.0534 | 0.0704 | 0.0809 | 0.0979 | 0.115 | 0.125 | 0.142 |
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