Doohyun Hwang

Europe’s largest asset manager Amundi launches $100 million tokenised fund

Amundi, Europe’s largest asset manager, has launched a blockchain-based tokenised fund. According to industry sources on the 19th, Amundi launched the $100 million “Spiko Amundi Overnight Swap Fund” on Ethereum (ETH) and Stellar (XLM). The product is

Sui unveils Bitcoin finance infrastructure ‘Hashi’

Sui on the 20th unveiled a core infrastructure dubbed ‘Hashi’ aimed at putting trillions of dollars’ worth of idle Bitcoin (BTC) assets to work in on-chain finance, as it moves to target the institution-led Bitcoin finance market. Through Hashi, Sui

Odds of a rate hike jump to 7%…Bitcoin falls below $70,000

An unexpected hawkish signal from the U.S. Federal Reserve (Fed) jolted markets, sending the digital asset (cryptocurrency) market back into decline. The probability of a rate hike—previously seen as unlikely this year—also surged. According to the i

"Oil is headed for $180"…Saudi 'warning' as Middle East war drags on

A projection has emerged that international crude prices could top $180 a barrel if the war in the Middle East becomes protracted. According to The Wall Street Journal (WSJ) on the 19th (local time), the Saudi government and energy authorities are sa

Bithumb to offer rewards for maker orders across 100 assets in its KRW market

Bithumb said on the 20th that it will run an event offering a 0.05% reward for maker (limit) orders across 100 virtual assets in its KRW market. The event runs from 6 p.m. on the 19th until further notice. Customers who complete event registration an

Gemini expands restructuring…cutting workforce by 30% this year

Crypto exchange Gemini, led by the Winklevoss twins, has cut roughly 30% of its total workforce so far this year, according to reports. The company aims to improve productivity by reducing costs and adopting artificial intelligence (AI). According to

Animoca partners with Avalanche… to invest in AVAX and expand the ecosystem

Animoca Brands is moving to expand the Avalanche ecosystem after signing a strategic investment and partnership agreement with Ava Labs, the developer behind Avalanche (AVAX). Animoca Brands said on the 19th that it has teamed up with Ava Labs to sup

Kalshi raises $1 billion…valuation ‘jumps’ to $22 billion

Prediction-market platform Kalshi has secured roughly $1 billion in funding, earning a valuation of $22 billion. According to Bloomberg on the 19th (local time), Kalshi recently raised more than $1 billion in a new funding round. The financing nearly

Coinone shifts to sole management under CEO Cha Myung-hoon

Coinone, a South Korean virtual asset (cryptocurrency) exchange, said on the 20th that it has ended its co-CEO structure and shifted to a sole management system led by CEO Cha Myung-hoon. Coinone said it completed the acceptance of a change filing wi

Bitcoin’s ‘solo rally’ breaks above $76,000…next catalyst is ‘Powell’s words’

Bitcoin reclaims $76,000 for the first time in six weeks Spot ETFs draw $970 million in just one week FOMC on the 17th–18th…all eyes on ‘Powell’s words’ Expectations tilt toward “rate cuts will be delayed” Bitcoin, which has been trending higher sinc

US spot Ethereum ETFs log fourth straight day of net inflows… but inflow size plunges

Spot Ethereum (ETH) exchange-traded funds (ETFs) listed on US stock exchanges recorded net inflows for a fourth consecutive trading day. However, inflows, which had topped $100 million the previous day, shrank sharply, suggesting a pause to catch its

World Liberty to launch ‘team communications channel’ for $5 million depositors

World Liberty Financial (WLFI) has decided to grant investors who have staked large sums the right to communicate directly with the project’s operating team. According to Reuters on the 13th (local time), World Liberty Financial recently held a gover

U.S. Spot Bitcoin ETFs Post Net Inflows for a Fifth Straight Session

U.S.-listed spot Bitcoin exchange-traded funds (ETFs) extended net inflows for a fifth consecutive trading session. After briefly losing momentum the previous day, inflows rebounded sharply again, led by BlackRock. According to SosoValue on the 13th

Trump: “Iran totally defeated, wants a deal… current terms unacceptable”

U.S. President Donald Trump said Iran wants negotiations from a position of total defeat but that he will not agree to a deal under the current terms. On the 13th (Korea time), Trump said on Truth Social that “the fake news media are reluctant to rep

Ethereum Foundation: "We are facilitators, not rulers...user sovereignty comes first"

The Ethereum Foundation on the 13th (local time) released a document titled the “EF Mandate,” codifying the foundation’s role and the core principles of the Ethereum ecosystem. Through the declaration, the foundation defined Ethereum’s ultimate raiso

Billionaire investor Druckenmiller: “Stablecoins will dominate global payments within 10 years”

Legendary Wall Street investor Stanley Druckenmiller forecast that blockchain and stablecoins will lead the global payments system within the next decade. He was, however, skeptical about cryptocurrencies such as Bitcoin (BTC) functioning as stores o

Tron joins Mastercard’s ‘Crypto Partner Program’

Tron (TRX) has officially joined Mastercard’s ‘Crypto Partner Program.’ On the 13th (local time), Tron announced the news via its official X account. The partnership was reportedly signed based on a shared vision that ‘the next stage of on-chain paym

Kraken-backed SPAC pursues M&A of up to $10bn

KRAKacquisition, a special purpose acquisition company (SPAC) sponsored by an affiliate of crypto exchange Kraken, has begun a full-scale search for acquisition targets. It is expected to serve as a catalyst for taking public promising companies acro

Trump: "Iran’s Kharg Island military facilities reduced to rubble...they would be wise to surrender"

U.S. President Donald Trump announced on the 13th (local time) that U.S. Central Command had bombed military facilities on Iran’s Kharg Island, a key strategic hub. He also delivered a stark warning that while strikes on oil infrastructure were being

[Breaking] Trump: “U.S. forces attacked Iran’s Kharg Island on my orders”

Scaramucci: “Bitcoin will catch up with gold’s market cap… expects 20-fold rise within 15 years”

Anthony Scaramucci, founder of SkyBridge Capital, offered an upbeat outlook that Bitcoin’s (BTC) market capitalization could grow over the next 15 years to roughly $35 trillion—on par with gold. He argued that advances in artificial intelligence (AI)

U.S. spot Ethereum ETFs log third straight day of inflows... led by Fidelity

U.S. spot Ethereum exchange-traded funds (ETFs) posted net inflows for a third consecutive trading day. Fidelity in particular led the market, drawing more than 70% of total inflows. According to SosoValue on the 12th (local time), the nine U.S. spot

U.S. spot Bitcoin ETFs log net inflows for 4th straight session

The U.S. spot Bitcoin exchange-traded fund (ETF) market is regaining stability as funds have flowed in for four consecutive sessions. However, the size of daily net inflows showed signs of slowing. According to Sosovalue on the 12th (local time), the

U.S. SEC moves to pursue 'limited regulatory exemptions' for tokenized securities

It has been confirmed that the U.S. Securities and Exchange Commission (SEC) is developing an innovation exemption measure to support trading in tokenized securities (ST). However, rather than the sweeping regulatory carve-out some in the market had

ARK Invest: "Quantum-computer hacking of Bitcoin is not an imminent threat"

Global asset manager ARK Invest said that advances in quantum computing pose a long-term challenge for Bitcoin (BTC) security, not an imminent, direct threat. On the 12th (local time), ARK Invest said in a jointly published report with Unchained, a d

"Wall Street money shifting from gold to Bitcoin…target $84,000"

As geopolitical risks in the Middle East intensify, an analysis suggests that large pools of global investment capital are rapidly moving out of gold—a traditional safe haven—and into Bitcoin. On the 12th (local time), crypto-asset (cryptocurrency) d

Outline of Hong Kong’s first stablecoin licences emerges… Standard Chartered, HSBC and OSL seen as front-runners

Hong Kong’s financial regulators are expected to unveil the first list of licences for stablecoin issuers later this month. Standard Chartered (SC), The Hongkong and Shanghai Banking Corporation (HSBC), and OSL—Hong Kong’s first licensed virtual-asse

Binance to list Korea equity-tracking 'EWY' perpetual futures…up to 10x leverage

Global crypto exchange Binance is set to launch a derivatives product whose underlying asset is an exchange-traded fund (ETF) that tracks South Korea’s stock market. The move opens a route for investors in the crypto market to gain Korea equity expos

Binance to list Katana (KAT) on the 18th

Global digital asset (cryptocurrency) exchange Binance announced on the 12th (local time) that it will newly list Katana (KAT) and apply a “Seed Tag,” warning of high volatility. On the day, Binance said on its official website, “Spot trading for KAT

"Pentagon, NSC 'underestimated' Iran’s willingness to blockade the Strait of Hormuz"

It has emerged that the U.S. Department of Defense and the National Security Council (NSC) significantly underestimated Iran’s resolve to block the Strait of Hormuz in response to U.S. strikes. According to CNN on the 13th (local time), senior Trump