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U.S. Treasury Secretary Scott Bessent urged the virtual asset (cryptocurrency) industry to comply strictly with regulations, delivering pointed remarks that "if you don't like regulation, go to El Salvador." He also said the convergence of traditiona
Korbit, a South Korean virtual asset (cryptocurrency) exchange, has renewed its operator status after passing a re-examination by financial authorities. According to the virtual asset industry on the 6th, the Korea Financial Intelligence Unit (FIU) o
More than $400 million flowed out of the spot Bitcoin ETF market. According to data from Trader T on the 5th, the combined net outflows across 11 US spot Bitcoin ETFs totaled $434.29 million. As Bitcoin prices plunged, what appears to have been a wav
Despite Bitcoin’s (BTC) sharp sell-off, some are pointing to greater regulatory clarity and expanding institutional demand as reasons to argue that “unlike the price, the fundamentals have not been impaired.” On the 5th (local time), Sydney Powell, C
As Metaplanet, a Japanese investment firm dubbed "Asia’s MicroStrategy," faces the risk of massive unrealized losses amid Bitcoin’s sharp selloff, CEO Simon Gerovich has moved to directly reassure shareholders. He also signaled his determination to s
As the price of Bitcoin (BTC) plunged, trading volume poured into the world’s largest asset manager BlackRock’s spot Bitcoin exchange-traded fund (ETF). According to Cointelegraph on the 5th (local time), BlackRock’s spot Bitcoin ETF, the iShares Bit
Bitcoin plunged more than 10% in a single day, sliding to $60,000. That is about half of the all-time high ($126,199) set in October last year. Analysts say the crypto market has been gripped by its worst bout of capitulation selling (Bloodbath) sinc
DB Securities said on the 6th that it has signed a strategic memorandum of understanding (MOU) with the Solana Foundation, a global public blockchain platform, to build a tokenized securities (STO)-based digital capital market. Under the agreement, t
The crypto market has been hit by an intense deep freeze, with Bitcoin plunging more than 40% from its peak, but investors in spot exchange-traded funds (ETFs) do not appear to have rushed to dump their holdings. On the 6th (local time), Eric Balchun
Bitcoin (BTC) suffered a near-7% plunge in just one hour, triggering a fearful morning in markets. After moving sideways around $64,000, the price abruptly broke down, putting the psychological $60,000 threshold at risk. According to Binance’s Tether
John Boozman, the Republican chair of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, signaled strong determination to pass the digital asset market structure bill (the CLARITY Act) within this year despite fierce Democratic opposi
Dunamu, the operator of digital-asset exchange Upbit, said on the 6th that it donated Bitcoin worth KRW 100 million to the Korean Sport & Olympic Committee, expressing support for the South Korean national team’s performance at the Milano Cortina 202
Tether has made a strategic investment of $150 million in Gold.com, a gold-related platform company. On the 5th (local time), Tether said on its official blog that it had acquired a 12% stake in Gold.com. Gold.com is a platform that provides access t
As Bitcoin (BTC) slipped below the $63,000 level, the broader digital-asset (crypto) market downturn is deepening. With leveraged-position liquidations colliding with rising volatility in global financial markets, virtually all of the gains that had
As Bitcoin (BTC) slid below $63,000, Strategy’s aggressive “bitcoin accumulation strategy” has been put to a critical test. With the selloff deepening, assessments are emerging that the corporate Bitcoin investment model—once widely praised by the ma
Private meeting with Fireblocks on the 3rd “Conducted technology research and networking” Focus on potential cooperation on a won-denominated stablecoin Kakao ramps up its ‘stablecoin TF’ KakaoBank has been confirmed to have held a private meeting wi
Up 970% in three hours before plunging FSS begins securing and analyzing data May shift to a formal probe if unfair trading suspected South Korea’s Financial Supervisory Service (FSS) has begun fact-finding as part of its market surveillance over unu
Outflow momentum continues in US spot Ethereum exchange-traded funds (ETFs). According to Sosovalue on the 30th (local time), spot Ethereum ETFs listed on US exchanges posted net outflows of $252.87 million for the day. This marked a second consecuti
Outflows from US spot Bitcoin exchange-traded funds (ETFs) extended into a fifth day. According to SoSoValue on the 30th (local time), spot Bitcoin ETFs listed on US exchanges posted total net outflows of $509.7 million for the day. This marked five
Bitcoin (BTC) plunged about 10% over two days, retesting the $81,000 level. Analysts say a sharp risk-off mood has reached its highest level in a year, as massive outflows from spot exchange-traded funds (ETFs) coincided with a steep drop in gold pri
Nomura Holdings, a Japanese securities firm, is significantly tightening risk management at its European unit, which has been hit hard by the downturn in the digital asset (cryptocurrency) market. According to Bloomberg on the 30th (local time), Nomu
The European Commission has issued formal warning letters to 12 member states that have failed to properly implement new rules strengthening tax reporting obligations related to crypto-assets (cryptocurrencies). According to Cryptopolitan on the 30th
Binance, the world’s largest digital-asset (cryptocurrency) exchange, has issued an official statement on the sharp market crash that occurred on Oct. 10 last year, saying it was “the result of a combination of macroeconomic variables and structural
The U.S. state of Tennessee is moving to build a state-level reserve of Bitcoin (BTC) as a strategic asset. On the 30th (local time), Tennessee state representative Jody Barrett recently formally introduced to the 114th General Assembly the “Tennesse
Michelle Bowman, a governor at the US Federal Reserve (Fed), said the decision to hold the policy rate steady in January was “a close call.” According to Walter Bloomberg on the 30th (local time), Bowman said the rate hold was a choice made to review