Doohyun Hwang

Tether Signs Partnership With the UN Office on Drugs and Crime

Tether is joining forces with the United Nations (UN) to combat virtual-asset (cryptocurrency) crime in Africa and provide relief for victims. The initiative aims to prevent crime by leveraging blockchain technology and to foster a safer financial ec

Five-year Ethereum whale moves 40,000 ETH to exchanges in a single day

A whale that has held Ethereum (ETH) for five years appears to have begun full-scale profit-taking by transferring a large amount to exchanges. According to on-chain data analytics firm EmberCN on the 9th (local time), a specific whale address (0xCAD

"Stablecoin cards to upend the global payments market"

"Stablecoin cards" are expected to surge as a key buzzword poised to reshape the global payments landscape this year. The idea is that this model—preserving blockchain efficiency while offering consumers a familiar card-payment experience—could becom

Nasdaq, CME to launch integrated crypto index…official rollout on the 20th

Nasdaq and CME Group have joined forces to introduce a new digital-asset (cryptocurrency) benchmark index for institutional investors. On the 8th (local time), Nasdaq and CME Group announced they will rebrand the existing “Nasdaq Crypto Index (NCI)”

Government to push for the introduction of spot crypto ETFs… also accelerating legislation for stablecoins

The government is officially moving to introduce spot exchange-traded funds (ETFs) for virtual assets (cryptocurrencies). It also decided to establish a regulatory framework for stablecoins within the first quarter of this year to legitimize companie

"Criminals are using stablecoins"... $154 billion tied to crime last year

Funds linked to cryptocurrency-related crime totaled at least $154 billion over the past year, according to estimates. In particular, criminal groups have begun using price-stable stablecoins—rather than Bitcoin (BTC)—as a primary money-laundering to

Prediction markets, zero-knowledge and media… a16z’s three biggest crypto themes for this year

Venture capital (VC) firm Andreessen Horowitz (a16z) identified three key keywords that will define this year’s digital-asset (crypto) market: ▲ smarter prediction markets ▲ broader adoption of zero-knowledge (ZK) proofs ▲ the rise of staked media. O

U.S. spot Ethereum ETF sees $160 million net outflow...second straight session

U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) saw roughly $160 million in funds exit in a single day. According to data from TraderT on the 8th (local time), total net outflows across spot Ethereum ETFs amounted to $159.94 million. BlackRock’

US spot Bitcoin ETFs see $400 million in net outflows...selling pressure intensifies

US spot Bitcoin exchange-traded funds (ETFs) posted net outflows for a third straight session. According to data from TraderT on the 8th (local time), a combined $400.24 million flowed out of 11 US spot Bitcoin ETFs. BlackRock led the day’s sell-off.

Mixed employment data... rate path 'shrouded in fog'

With the release of the December jobs report—set to provide a read on the state of the U.S. labor market—imminent, divisions within the Federal Reserve (Fed) over interest-rate policy are instead deepening. On the 8th (local time), Reuters reported t

Cathie Wood: "The U.S. government may buy Bitcoin directly"

Cathie Wood, CEO of ARK Invest—often dubbed the “Money Tree Sister”—said there could be a major shift in the U.S. government’s Bitcoin (BTC) reserve strategy. On the 8th (local time), Wood appeared on an ARK Invest podcast and said, “There is a possi

"Only coins can be trusted"... Venezuela sees surge in stablecoin trading volumes

With President Nicolás Maduro arrested by the United States, plunging Venezuela’s political landscape into turmoil, expectations are growing that the standing of virtual assets (cryptocurrencies) that underpin the local economy will strengthen. Accor

Stablecoin transaction value hit a record $33 trillion last year

Global stablecoin transaction volumes hit a record high last year. According to Bloomberg on the 9th (local time), worldwide stablecoin transaction value last year totaled $33 trillion, up 72% from a year earlier. That far surpassed the previous peak

JPMorgan: "Crypto bear market in its final phase...a bottoming process has begun"

An analysis says the cryptoasset (cryptocurrency) bear market has entered its final stage. The view is that bitcoin spot ETFs and futures-market indicators are simultaneously flashing bottoming signals. On the 8th (local time), JPMorgan’s research te

Is the sell-off over...? Ethereum, withdrawal queue shrinks and staking surges

The amount of validator withdrawal queue, previously regarded as potential selling pressure in the Ethereum (ETH) market, has significantly decreased. Meanwhile, the entry queue for staking (deposits) has surged, raising expectations of a price incre

U.S. Spot Crypto ETFs See Mixed Fortunes… Bitcoin 'Ebb', Ethereum 'Flow'

In the U.S. crypto (cryptocurrency) exchange-traded fund (ETF) market, fund flows for Bitcoin and Ethereum diverged sharply. While spot Bitcoin ETFs experienced large outflows, Ethereum ETFs recorded net inflows. On the 7th (local time), according to

Clarity bill agreement struggles…"Democrats demand stringent DeFi regulation"

As the U.S. Senate Banking Committee pushes to consider a market-structure bill for virtual assets (cryptocurrencies) (the Clarity bill), Democrats are expected to cause last-minute wrangling by demanding strengthened regulation of decentralized fina

Ripple "No IPO plans...Has sufficient funds"

Ripple reaffirmed that it has no plans for an initial public offering (IPO). Based on solid financial soundness, it plans to focus on mergers and acquisitions (M&A) and new business expansion rather than listing, to strengthen its fundamentals. On th

Barclays acquires stake in stablecoin infrastructure firm 'Ubyx'

Barclays has made its first investment in a U.S. stablecoin infrastructure firm, accelerating its entry into the digital asset (cryptocurrency) market. On the 6th (local time), according to Reuters and others, Barclays said in a statement that it had

CertiK signs partnership with YZi Labs… establishes $1 million security audit grant fund

Global Web3 security company CertiK said on the 7th that it has entered into a strategic partnership with YZi Labs (formerly Binance Labs). Through this cooperation, the two companies will jointly work to strengthen the security capabilities of proje

Coinbase "U.S. should allow stablecoin interest...will lose market to China"

As debate heats up in the U.S. Congress over whether to allow interest (rewards) payments on stablecoins, a warning has emerged that banning them could cede financial leadership to China's 'digital yuan' offensive. On the 6th (local time), Faryar Shi

Gemini "Bitcoin '4-year cycle' to break… national-level accumulation also begins"

Patrick Liu, Gemini's head of institutional, identified this year as a structural inflection point for the virtual asset (cryptocurrency) market. He forecast that as institutional investor entry and macroeconomic factors drive the market, the four-ye

Morgan Stanley joins Bitcoin ETF…"The most powerful bullish catalyst in history"

Morgan Stanley's direct entry into the Bitcoin (BTC) spot ETF market has been described as "the most powerful bullish catalyst in the history of virtual assets." Analysts say that the fact a global investment bank launched its own product belatedly d

Coinbase "Ends support for 3 trading pairs including ETH-DAI… as part of liquidity consolidation"

Coinbase will end support for some trading pairs to ensure market health and consolidate liquidity. On the 6th (local time), Coinbase said, "After regularly monitoring market conditions on the exchange, we have decided to remove the order books of 3

Marathon Digital transfers Bitcoin worth $48.3 million to FalconX

Crypto asset (cryptocurrency) mining company Marathon Digital was observed transferring a large amount of Bitcoin to an institutional trading platform. On the 6th (local time), according to on-chain data analysis platform OnChainLens, Marathon Digita

U.S. Senate to hold vote on Clarity bill on the 15th… Industry expresses concerns it is "premature"

The U.S. Senate Banking Committee will push ahead with a key vote on the virtual asset (cryptocurrency) market structure bill (the Clarity bill) on the 15th (local time). Because the schedule was set without a bipartisan agreement having been complet

Crypto.com, Kyobo Lifeplanet join hands…experiment combining digital assets and insurance

Global virtual asset platform Crypto.com announced on the 7th that it is partnering with digital-only life insurer Kyobo Lifeplanet Life Insurance to pursue digital finance collaboration. Crypto.com said it has signed a memorandum of understanding (M

Bithumb "Last year customer service response rate 98%…consultations exceeded 10 million"

Domestic virtual asset (cryptocurrency) exchange Bithumb announced on the 7th that it handled more than 10 million customer consultations over the past year and recorded a 98% response rate. This year, Bithumb conducted a total of 10.48 million custo

Escaped the axe but... Wall Street: "MSCI decision, need to watch a little longer"

Morgan Stanley Capital International (MSCI) put the index exclusion of companies holding virtual assets on hold, giving Strategy a reprieve. Shares reacted immediately, but Wall Street interprets the decision not as a complete victory but as a stay o

Bittensor jumps 9% on hopes for spot ETF launch

Bittensor (TAO) is showing strength amid expectations for the launch of a spot exchange-traded fund (ETF). On the 6th (local time), on the Binance Tether (USDT) market, Bittensor is trading at 292.80 dollars, up 8.81% from the previous day. Its 24-ho