Doohyun Hwang

JPMorgan freezes accounts of stablecoin startups…"Concerns over money laundering and sanctions violations"

JPMorgan Chase has frozen the accounts of stablecoin startups one after another. According to The Information on the 26th (local time), JPMorgan recently froze the accounts of the stablecoin startups 'Blindpay' and 'Kontigo', which focus on the South

Ethereum, this year's futures trading volume $6.7 trillion 'All-time high'

While the altcoin market showed mixed performance overall this year, analysis found that the Ethereum (ETH) derivatives market alone recorded explosive growth and set an all-time high. On the 26th (local time), Darkpost (Darkost), a contributor to on

Trust Wallet to fully compensate hacking losses… CZ "Assets are safe"

Changpeng Zhao (CZ), the founder of Binance, owns the crypto wallet service 'Trust Wallet', which said it will fully compensate the approximately $7 million in losses from a hack that occurred on the 25th. On the 26th (local time), Trust Wallet and s

Sharplink CEO: "Ethereum TVL to increase 10-fold next year… RWA and sovereign wealth funds to lead"

A forecast says the Total Value Locked (TVL) of the Ethereum (ETH) network could surge nearly 10-fold next year. The analysis says the expansion of the stablecoin market, tokenization of real-world assets (RWA), and inflows from sovereign wealth fund

"Ethereum unlikely to hit a record next year… Beware of a 'bull trap' even if it rebounds"

A pessimistic outlook has emerged that Ethereum (ETH) will find it difficult to surpass its previous high and reach a new peak next year. Analysts say it will be hard to expect an Ethereum-only rally while Bitcoin appears to have entered a bear marke

"Fed to cut interest rates at least twice next year... due to 'growth on thin ice'"

Mark Zandi, chief economist at Moody's Analytics, forecasted that the Federal Reserve (Fed) will implement at least two additional interest rate cuts next year. He said that although the U.S. economy appears solid on the surface, in reality it is con

Lithuania "Crypto-asset operators must obtain a license by year-end… criminal penalties if not complied"

The Bank of Lithuania (CBL) warned that crypto-asset service providers in the country could face severe sanctions if they do not obtain an official license by December 31. This measure, aligned with the European Union's Markets in Crypto-Assets (MiCA

Bitcoin surpasses $89,000

Strategy CEO "Bitcoin fundamentals are the best this year... don't be preoccupied with short-term fluctuations"

Bitcoin (BTC) prices plunged nearly 30% from their all-time high, freezing investor sentiment. However, Pong Lee, CEO of Strategy, signaled a buy, saying "market fundamentals are at an all-time high." On the 25th (local time), according to Cointelegr

When will the Santa rally come... Bitcoin, record-breaking 'options expiry' tension amid consolidation

During the Christmas holiday period, the virtual assets (cryptocurrencies) market showed a consolidation phase instead of the expected 'Santa rally'. Bitcoin edged down and hovered around $87,000, and at one point slipped to the $86,000 level intrada

Upbit Holds 'Cleaning Fee Support' Event with Cheongso Research Institute

Dunamu, the operator of digital asset exchange Upbit, said on the 26th that it has partnered with home cleaning platform Cheongso Research Institute to launch a cleaning fee support promotion for the year-end and New Year period. The event was planne

Trust Wallet "Security incident in PC extension... Update immediately"

A security vulnerability was discovered in a specific version of the PC browser extension of the crypto asset (cryptocurrency) wallet service Trust Wallet (Trust Wallet), requiring users to exercise extra caution. The company recommended an immediate

U.S. Spot Bitcoin ETFs: Net Outflows of $158.41 Million

Spot Bitcoin (BTC) ETFs traded in the U.S. experienced net outflows of over $100 million. According to data from TraderT on the 19th (local time), the total net outflows from 11 spot Bitcoin ETFs amounted to $158.41 million that day. Only BlackRock's

U.S. spot Ethereum ETFs, $75.44 million net outflow... large departures from BlackRock

Spot Ethereum ETFs trading in the United States recorded net outflows on the 19th (local time). According to data from TraderT that day, approximately $75.44 million in funds were recorded as net outflows from the U.S. spot Ethereum exchange-traded f

Fundstrat warns in internal report of "major coin crash in the first half of next year"

Fundstrat (Fundstrat), led by Tom Lee (Tom Lee), Bitmain chairman, was revealed to have warned internal clients of a major crash in the virtual asset (cryptocurrency) market in the first half of next year. This directly contradicts the "super-bullish

Bitcoin fails to surpass $90,000…Fed- and Japan-origin risks overlap

Bitcoin (BTC) has repeatedly failed over the past month to settle at the $92,000 level and has not escaped a bearish trend. Unlike the U.S. stock market, which continues a high-flying run near record highs, Bitcoin has fallen sharply from its highs,

Arthur Hayes "Altcoin bull run already underway"

Arthur Hayes, co-founder of BitMEX, claimed that "the altcoin season is already underway." Hayes appeared on the YouTube podcast 'Kyle Chasse Crypto' on the 19th (local time) and said, "The altcoin season is always happening," adding, "If you say the

Galaxy Digital "Bitcoin to reach $250,000 the year after next... Next year a 'year of chaos'"

Galaxy Digital set a long-term target of $250,000 (about KRW 360 million) for Bitcoin (BTC). However, it said next year is likely to be a 'period of chaos' in which price volatility will be difficult to predict due to macroeconomic uncertainty. In a

Cryptocurrency-related stocks rally on tailwind from New York market

Virtual asset (cryptocurrency)-related stocks all showed strength, buoyed by the tailwind from the New York market. The news of Oracle and TikTok forming a joint venture is interpreted as having stimulated investor sentiment across technology stocks.

'FTX fallout' trio reaches settlement with the SEC...up to 10-year restriction on holding executive posts

Three key executives who caused the collapse of the bankrupt virtual asset (cryptocurrency) exchange FTX have reached a final settlement in the lawsuit brought by the U.S. Securities and Exchange Commission (SEC). On the 19th (local time), according

Arthur Hayes "Selling Ethereum and Moving Funds to DeFi"

On the 19th (local time), Hayes said on his X, "I am currently moving out of Ethereum (ETH) and circulating funds into high-quality decentralized finance (DeFi) assets." He cited 'changes in the macroeconomic environment' as the background for this d

Solstice invests $50 million in Ondo Finance..."Diversifying revenue sources"

Solana (SOL)-based yield infrastructure protocol 'Solstice (Solstice, SLX)' announced on the 19th that it will reduce reliance on a single strategy and diversify its revenue sources. To this end, Solstice allocated up to $50 million to Ondo Finance's

U.S. spot Bitcoin ETFs revert to net outflows in one day

U.S. spot Bitcoin ETFs reverted to net outflows in one day. On the 18th (local time), according to data from TraderT, the 11 spot Bitcoin ETFs in the U.S. recorded net outflows totaling $160,650,000 on that day. The outflow was led by Fidelity's 'Fid

ICO allowed again after 8 years... 'virtual assets' renamed 'digital assets'

Domestic initial coin offerings (ICOs), which were banned in 2017, are expected to be allowed again after eight years. The legal term will also be changed from the existing 'virtual assets' to 'digital assets' to align with global standards. Accordin

US spot Ethereum ETFs see net outflows of $97.67 million... Large fund exodus from BlackRock

More than $90 million flowed out of the U.S. spot Ethereum ETF market. According to data from TraderT on the 18th (local time), U.S.-traded spot Ethereum ETFs had total net outflows of $97.67 million that day. The large outflows from BlackRock's prod

Terraform Labs liquidator sues Jump Trading for $4 billion in damages..."Involvement in Terra-Luna collapse"

The liquidation trustee overseeing Terraform Labs' bankruptcy proceedings has filed a lawsuit seeking $4 billion in damages against quantitative trading firm Jump Trading. The allegation is that Jump Trading, through secret contracts, helped cause th

Bank of Japan raises interest rate for first time in 11 months... Bitcoin rebounds

The Bank of Japan (BOJ) abruptly raised its policy rate by 0.25 percentage points. As a result, Japan's policy rate reached its highest level in 30 years. At the Monetary Policy Meeting held on the 19th, the BOJ announced it would raise the short-ter

Bitwise submits Sui (SUI) spot ETF application

Crypto asset manager Bitwise has taken the first step toward launching a Sui (SUI) spot exchange-traded fund (ETF) by filing with the U.S. Securities and Exchange Commission (SEC). On the 18th (local time), according to Cointelegraph, Bitwise submitt

U.S. Senate Votes to Advance 'Pro-Virtual Asset' Selig Nomination for CFTC Chair

The U.S. Senate took steps to advance the confirmation of Michael Selig, President Donald Trump's nominee for chair of the Commodity Futures Trading Commission (CFTC). On the 18th (local time), according to The Block, the Senate voted to proceed with

Upbit launches 'Support Project for All Generations'…"Scholarships for 100 people"

Dunamu, which operates the digital asset exchange Upbit, announced on the 19th that it has launched the project 'Upbit Cheer up!'. This project is a series campaign supporting citizens who are struggling at new starting lines such as studies, careers