Doohyun Hwang

Trump: "3,554 strike targets in Iran still remain"

U.S. President Donald Trump suggested the possibility of additional strikes, saying the military operation targeting Iran has not yet ended. Speaking on the 27th (local time) at the Future Investment Initiative (FII) Summit held in Miami, the United

Bitcoin miners’ capitulation appears to be over… a signal of a shift to “structural bullishness”

An analysis suggests that the miner capitulation that had been a major source of selling pressure in the Bitcoin (BTC) market has effectively entered its final phase. As the mining industry undergoes structural reshuffling and the amount of supply co

US spot Bitcoin ETFs see net outflows for a second straight session

Funds flowed out of the US spot Bitcoin exchange-traded fund (ETF) market for a second day. According to SosoValue on the 26th (local time), the 12 US spot Bitcoin ETFs posted total net outflows of $171.22 million on the day. It marked a second conse

U.S. Senate Banking Committee Chair: “Clarity Act has secured bipartisan support…only industry alignment remains”

The Clarity Act—a crypto market structure bill that would lay the institutional groundwork for the U.S. digital-asset market—has secured bipartisan backing in Congress, entering the final stage of the legislative process. While partisan differences o

Former PBOC governor: “The essence of cryptoassets is fitness for payments… beware regulatory arbitrage”

Zhou Xiaochuan, a former governor of the People’s Bank of China (PBOC) and a symbolic figure in China’s financial policymaking, stressed that the core of cryptoassets and blockchain technology lies not in sheer performance but in how well they fit re

Coinbase: "Sweeping overhaul of crypto tax rules is urgent…de minimis exemption for small payments needed"

Coinbase, the largest crypto exchange in the United States, said the current tax code fails to reflect the technical characteristics of digital assets and is imposing excessive costs on investors and industry innovation, calling for a comprehensive t

Japan’s Financial Services Agency issues warnings to unregistered exchanges including KuCoin

Japan’s financial regulators have issued a wave of warnings to unregistered overseas crypto platforms, including KuCoin. The move aims to curb the business activities of unregistered operators and strengthen investor protection at home. On the 26th (

Morgan Stanley nearing launch of Wall Street’s first in-house spot Bitcoin ETF

Morgan Stanley, one of Wall Street’s largest investment banks, is set to become the first major bank to launch its own spot Bitcoin exchange-traded fund (ETF). According to industry sources on the 26th (local time), Morgan Stanley recently filed an a

GameStop pledges 4,709 bitcoin as collateral at Coinbase, dismissing sell-off speculation

U.S. video game retailer GameStop has pledged most of its bitcoin (BTC) holdings as collateral at Coinbase and moved to generate income through an options strategy. According to the company’s annual report (Form 10-K) filed with the U.S. Securities a

U.S. Defense Department Considers Sending 10,000 More Ground Troops to the Middle East

The U.S. Defense Department (the Pentagon) is reviewing a plan to deploy up to 10,000 additional ground troops to the Middle East in preparation for a potential military clash with Iran. According to The Wall Street Journal on the 26th (local time),

Bitcoin slides sharply as Fed 'rate-cut' hopes vanish…$68,000 level at risk

Expectations spread for an additional 15bp hike by year-end $330 million of positions liquidated in a day Bitcoin (BTC) is sliding sharply as expectations for rate cuts from the U.S. Federal Reserve (Fed) have faded and the possibility of additional

David Sacks to step down as ‘crypto czar’… to serve as co-chair of Trump’s tech advisory council

David Sacks, the ‘AI and crypto czar’ who has been shaping the Donald Trump administration’s virtual-asset (cryptocurrency) policy, is stepping down from the post. Sacks is set to serve as co-chair of the newly created President’s Council of Advisors

‘$12tn (about KRW 18 quadrillion)’ gate set to open… Bitcoin’s inclusion in US retirement plans now ‘imminent’

US 401(k) retirement plans likely to add crypto “A medium- to long-term bullish catalyst for Bitcoin” “$120bn in new demand could emerge” A pathway has opened for the US 401(k) retirement-plan market—worth $12tn (about KRW 18 quadrillion)—to flow int

PPP finalizes party line of 'full repeal' of crypto taxation… “double taxation, NTS unprepared”

PPP adopts party line to scrap crypto-asset taxation Debate over tax fairness on crypto after scrapping the financial investment income tax “Clear double taxation… preparing legal response measures” “National Tax Service unprepared… lacks understandi

People Power Party sets party line to abolish taxation of virtual assets… “NTS not adequately prepared”

The People Power Party (PPP) has decided to make it its official party position to abolish the income tax on virtual assets (cryptocurrencies) slated to take effect next year. The decision reflects a view that, after the scrapping of the financial in

People Power Party pushes for a full review of crypto taxation… “Double taxation must be resolved”

The leadership of the People Power Party has signaled the possibility of a full review of the virtual asset (cryptocurrency) taxation regime. The party says the tax framework should be refined in line with global standards and that controversy over d

Korea Insurance Institute to launch 'crypto scholarship' program; stablecoin payment discounts also introduced

The Korea Insurance Institute said on the 24th that it will introduce a 'crypto scholarship' program to promote digital-asset education. The program will be fully applied starting with the 'Crypto Literacy' course, which begins on April 11. It will e

Why did ‘AI coins’ surge on a single remark from Jensen Huang?… Spotlight on the ‘X402 Protocol’ [Hwang Doo-hyun’s Web3+]

Related coins jump after Jensen Huang mentions ‘AI agents’ Expectations for wider autonomous payments… spotlight on crypto’s role ‘X402 Protocol’ emerges as AI payment infrastructure Google, AWS, Visa join… battle for leadership heats up When Jensen

US House Financial Services Committee to Hold Tokenization Hearing Next Week

The US House Financial Services Committee is set to hold a hearing on tokenization. The hearing was arranged to take an in-depth look at the potential of tokenization technology in financial markets and its ripple effects. In a recent notice on its o

US Spot Ethereum ETFs Post Net Outflows for Three Straight Sessions

Outflows from the US spot Ethereum exchange-traded fund (ETF) market are intensifying. Following bitcoin, spot Ethereum ETFs have also recorded net outflows for three consecutive trading sessions, signaling a sharp deterioration in investor sentiment

US spot Bitcoin ETFs see $50 million net outflow...$300 million exits over three days

Outflows from the US spot Bitcoin exchange-traded fund (ETF) market are intensifying. With net outflows recorded for three consecutive sessions, concerns are growing that investor sentiment is weakening. According to SosoValue on the 20th (local time

Galaxy Digital appears to have sold 700 bitcoins… 2,000 moved out in four days

Signs have emerged that Galaxy Digital has begun selling after transferring a large amount of bitcoin (BTC) to external addresses. On the 20th (local time), Maartunn, an analyst at on-chain data analytics platform CryptoQuant, said on X, “It appears

Galaxy: “SEC’s new guidance ends Gensler-era uncertainty…clarifies standards for what counts as a security”

The U.S. Securities and Exchange Commission (SEC)’s recently released guidance on classifying crypto assets is being viewed across the industry as an official shift in the regulatory paradigm. On the 20th (local time), Alex Thorn, head of research at

Trump: "Iran’s military capabilities effectively neutralized… Middle East operation moving toward wind-down"

U.S. President Donald Trump suggested the possibility of ending military operations in the Middle East, saying Washington is close to meeting its military objectives against Iran. In a post on his social media platform, Truth Social, on the 20th (loc

US Senate agrees on compromise to ban stablecoin 'interest'… momentum builds on the CLARITY Act

US senators have reached a principle agreement on a compromise over stablecoin interest—one of the key sticking points in the digital-asset market structure bill known as the CLARITY Act now under discussion. With a major obstacle to passage removed,

Korea Insurance Training Institute moves to become the country’s first institution to hold Bitcoin…steps up digital-asset management

The Korea Insurance Training Institute has begun procedures to become the first institution in South Korea to hold Bitcoin. It is expected to be the first institutional case since nonprofit entities were allowed to hold digital assets. On the 20th, t

Industry backlash grows over Kentucky bill mandating ‘seed phrase recovery’

Backlash is spreading across the crypto industry as the U.S. state of Kentucky advances legislation that would require hardware wallet providers to offer “password and seed phrase recovery” features. Experts say the provision stems from a fundamental

U.S. spot Ethereum ETFs see $130 million in net outflows…institutional exodus broadens

Investor sentiment is rapidly deteriorating as the U.S. spot Ethereum ETF market sees heavy fund outflows. According to SosoValue on the 19th (local time), net outflows from U.S. spot Ethereum ETFs totaled $131.16 million for the day. Following the p

"Digital assets are central to the future of finance"… Senator Lummis urges regulatory overhaul

U.S. Republican Senator Cynthia Lummis called for the establishment of a clear regulatory framework to foster the digital-asset industry. On the 19th (local time), Lummis wrote on her X account, "We can no longer go back to a state of regulatory unce

US spot Bitcoin ETFs see outflows for a second straight day…$90 million withdrawn

Outflows from the US spot Bitcoin ETF market are continuing. With volatility in the crypto market picking up, institutional money also appears to be turning more cautious. According to SosoValue on the 19th (local time), net daily outflows from US sp