Doohyun Hwang

Choi Soo-yeon, Naver CEO "Investing more than KRW 5 trillion in the AI·web3 ecosystem over 5 years"

Naver will invest more than KRW 10 trillion over the next 5 years to build the domestic artificial intelligence (AI) and web3 technology ecosystem. At the joint press briefing of Naver, Naver Financial and Dunamu held at Naver's '1784' headquarters i

mF International to raise $500 million in private placement…will buy Bitcoin Cash

Nasdaq-listed mF International said on the 21st (local time) that it will conduct a $500 million private placement to build a digital asset treasury strategy (DAT). The private placement is structured to issue 50 million Class A common shares and pre

Bitcoin falls below $84,000

Bitcoin price decline... Satoshi's assets evaporate by $47 billion

As the price of Bitcoin (BTC) declined, the asset value believed to be held by Bitcoin's creator Satoshi Nakamoto also appeared to have significantly decreased. On the 21st (local time), according to on-chain analysis platform Arkham (Akham), the rec

U.S. government transfers $7.5 million in virtual assets

The U.S. government on the 21st (local time) transferred approximately $7.5 million worth of virtual assets (cryptocurrency). According to Akham on that day, the U.S. government moved NEXO worth $300,000, Wrapped Ether (WETH) worth $3,000,000, and TR

'Trump coin adviser' Bailey "Why remove only Bitcoin from indexes... clear discrimination"

David Bailey, chairman of Bitcoin Magazine, voiced strong criticism of the possibility that major U.S. stock indexes might exclude Bitcoin (BTC) and digital-asset companies. On the 21st (local time), Bailey said on his X, "It is arbitrary and discrim

U.S. Bitcoin and Ethereum spot ETFs turn to net inflows in tandem

U.S. Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs) both recorded net inflows on the 21st (local time). This marked a reversal from the recent large net outflow trend, with Bitcoin ETFs receiving 238,020,000 dollars in one day. Ac

Will virtual asset taxation be delayed again…"Cannot rule out the possibility of a 4th deferral"

Domestic virtual asset (cryptocurrency) taxation may be delayed once again, according to an analysis. Kim Gap-rae, a senior research fellow at the Korea Capital Market Institute, said in a recent report, "Despite three deferrals, key gaps in the taxa

Bitwise CIO "Now Is an Entry Opportunity for Long-Term Investors"

Matt Hogan, Bitwise Chief Investment Officer (CIO), said that despite the recent sharp decline in Bitcoin (BTC), "this is rather an entry opportunity for long-term investors." In a CNBC interview on the 21st (local time), Hogan said, "The market curr

"Solana Enters 'Key Support Zone'... Whether It Will Rebound Will Be Decided"

Solana (SOL) has entered a key support zone amid a downward trend. It is predicted that if buying pressure flows into that zone, a new upward cycle could begin. However, some analyses say that if the support level is breached, additional declines can

Strategy moves to reassure investors... "We won't sell Bitcoin"

As Bitcoin (BTC) approached Strategy's average purchase price of $74,430, the company stepped in to reiterate its long-term buying strategy and reassure investors. With Bitcoin's price decline and the possibility of exclusion from the MSCI index both

"Bitcoin Enters Oversold Territory... Approaching Technical Opportunity Zone"

Bitcoin (BTC) has plunged in recent days to its lowest level in 7 months. As Bitcoin fell below a key psychological support level, bearish sentiment across the market intensified. However, major technical indicators suggest that a 'opportunity zone'

U.S. spot Bitcoin ETFs see $904,000,000 net outflow…second-largest on record

A large capital outflow occurred in the U.S. spot Bitcoin (BTC) ETF market. According to data from TraderT, on the 20th (local time), U.S.-listed spot Bitcoin ETFs recorded a total net outflow of $904,000,000 in a single day. This is the second-large

U.S. Ethereum Spot ETFs See Net Outflows for 8 Consecutive Trading Days

Net capital outflows from Ethereum (ETH) spot ETFs have continued for 8 trading days. According to data from TraderT, on the 20th (local time), U.S.-traded Ethereum spot ETFs experienced a net outflow of $260,660,000 in a single day. The largest outf

Bitcoin Falls Below $86,000…Market 'Shaken' by Movement of Dormant Whales

Bitcoin (BTC) fell below the $86,000 level intraday on the 21st, widening its losses. Bitcoin is down about 7% from the previous day and has dropped more than 20% over the past month, experiencing a much larger correction than global equities. The di

Peter Schiff again directly targets Saylor "MicroStrategy's Bitcoin returns not even 17%"

Peter Schiff, a prominent Bitcoin (BTC) skeptic and chief economist at Euro Pacific, again strongly criticized MicroStrategy's Bitcoin investment strategy. On the 21st (local time), Schiff said on his X, "MicroStrategy has spent more than US$48 billi

Bitcoin (BTC) collapses even at 86,000 dollars

Korean won stablecoin 'KRWQ' surpasses 1 billion won in trading volume one month after launch

IQ and Frax said on the 21st that KRWQ, a fiat-collateralized multichain stablecoin pegged 1:1 to the South Korean won (KRW), exceeded a cumulative trading volume of 1 billion won one month after its launch. KRWQ is a stablecoin developed by IQ in co

Ronin, Philippine exchange 'Coins.ph' partner up... stablecoin payment support

Ronin blockchain developer Sky Mavis on the 21st announced plans, together with the Philippines' largest crypto exchange Coins.ph, to support payments with the Philippine peso (PHP)-based stablecoin 'PHPC' via the Philippine national standard QR code

Decentralized prediction-market platform 'Kalshi' secures US$1 billion investment

Decentralized prediction-market platform Kalshi has secured a large investment. According to TechCrunch on the 20th (local time), Kalshi recently completed a new round totaling US$1 billion. The company was valued at US$11 billion. The round was led

ARK Invest adds to Bit Mining shares... expands investment in digital asset-related stocks

ARK Invest is aggressively expanding its investments in companies related to digital assets (cryptocurrencies). On the 20th (local time), ARK Invest was shown to have additionally purchased 380,244 shares of Bit Mining. On the previous 19th, ARK Inve

U.S. SEC to hold virtual asset roundtable next month... to address controversy over financial surveillance

The U.S. Securities and Exchange Commission (SEC) is reported to have organized a roundtable to focus on concerns about privacy and financial surveillance within the virtual asset (cryptocurrency) ecosystem. The SEC's virtual asset task force (TF) pl

Danal, BlockWaveLabs investment underway..."Accelerating stablecoin commercialization"

Danal announced on the 21st that it will proceed with a strategic investment and technical cooperation in artificial intelligence (AI) and blockchain technology company BlockWaveLabs (BlockWaveLabs, hereinafter BWL). Through this, it plans to strengt

Upbit holds 'Musinsa Money · 1 BTC Raffle Event' for new members

South Korean virtual asset (cryptocurrency) exchange Upbit said on the 21st that it will hold a special event for new Upbit members with fashion platform Musinsa to mark 'Mujinjang 25 Winter Black Friday.' Those who sign up for Upbit and complete cus

VanEck "Bitcoin sell-off led by medium-term holders"

Analysis shows that the entity leading Bitcoin(BTC) weakness is medium-term (3~5 years) holders. VanEck said in a report on the 19th (local time), "The recent sell-off was mostly by medium-term holders who moved coins within the past 5 years," and "T

JPMorgan "Bitcoin decline caused by individual selling of spot ETFs"

An analysis has emerged that the current Bitcoin (BTC) decline originated from individual selling of spot ETFs. On the 20th (local time), according to JPMorgan, the key cause of this adjustment was not crypto-native investors but large-scale selling

KGeN Targets AI, Gaming, and Blockchain Convergence Market with Verification Protocol 'VeriFi'

Amid the rapid convergence of artificial intelligence (AI), blockchain, and the Web3 ecosystem, global Web3 distribution infrastructure company KGeN said on the 20th that it is pursuing strategic expansion centered on its core product, the VeriFi pro

Mastercard launches Polygon (POL)-based 'Crypto Credential'

Mastercard announced on the 18th (local time) that it is launching a new on-chain authentication and transfer system called 'Crypto Credential' based on Polygon (POL). 'Mastercard Crypto Credential' is a system that allows sending and receiving digit

U.S. Nasdaq-listed company 'IP Strategy' announces accumulation of Aria ecosystem tokens

Nasdaq-listed IP Strategy said on the 19th that it had strategically purchased the native tokens 'ARIAIP' and 'APL' of Aria Protocol, a global intellectual property (IP)-based real-world asset (RWA) project. IP Strategy, which operates digital asset

Bitcoin Falls Below $90,000… "Further Decline" vs "Short-Term Correction"

Options Market Bets on Decline…Spot Demand Also Plummets Selling Pressure from DAT·Fed Hawkish Tone Spreads Weak Sentiment Counterargument: "Only a Short-Term Correction…Still Room to Rebound" Eyes on FOMC Minutes on the 20th and September Employment