Doohyun Hwang

Weakness in virtual assets continues… Eyes on FOMC minutes and employment data

The virtual asset (cryptocurrency) market has been unable to escape its weak trend. Market participants view the Federal Open Market Committee (FOMC) minutes, to be released on the 20th, and U.S. employment data as key variables that will determine f

[Weekly Major Economic & Cryptocurrency Schedule] U.S. September Employment Report · FOMC Minutes etc.

[Weekly Major Economic & Cryptocurrency Schedule] U.S. Federal Reserve FOMC minutes etc. <Next week's major economic schedule> ▶︎17 (Mon): ▶︎18 (Tue): △U.S. October industrial production (KST 23:15) ▶︎19 (Wed): △U.K. October consumer price index (KST

Bitwise CEO "Zcash surge is shaking the perception that 'only Bitcoin is real and the rest are scams'"

Zcash (ZEC)'s explosive rise is said to be rattling existing perceptions in the virtual asset (cryptocurrency) market. On the 15th (local time), Hunter Horsley, Bitwise CEO, wrote on his X, "With Zcash's price surging, the old perception that 'only B

Last week's DEX trading volume, 95.229 billion dollars… down 21.6% week-on-week

The on-chain trading volume of decentralized exchanges (DEXs) fell sharply within a week. On the 15th (local time), according to DefiLlama, the total trading volume on DEXs across all chains last week was 95.229 billion dollars. It decreased by about

[Weekly Crypto] Major virtual assets continue to decline… Zcash·Uniswap 'countertrend rally'

The virtual asset (cryptocurrency) market continued an overall weak trend this week. While most of the top market-cap assets, including Bitcoin (BTC) and Ethereum (ETH), recorded weekly declines, some assets limited their losses and showed relatively

U.S. Solana Spot ETF Records Net Inflows for 14 Consecutive Trading Days

The Solana (SOL) spot ETF trading in the U.S. has continued its streak of inflows since listing. According to data from Farside Investors on the 15th (local time), the Solana spot ETF listed in the U.S. has recorded net inflows for 14 consecutive tra

Bitcoin (BTC), exceeds 96,000 dollars

Virtual asset fear and greed index continues to remain in 'Extreme Fear'

Investor sentiment in the virtual asset (cryptocurrency) market remains at the 'Extreme Fear' stage. As the bearish trend persists, market participants' anxiety appears to be rapidly increasing. On the 15th (local time), the virtual asset fear and gr

Tom Lee "Virtual asset bearishness is only a short-term shock…No change to the Ethereum supercycle"

Tom Lee, chairman of Bitmine, said the recent plunge in the virtual asset (cryptocurrency) market is close to a short-term shock. On the 15th (local time), Lee said via his X, "There is no fundamental change to the long-term bullish setup centered on

"This year's bear market harsher than three years ago... Virtual assets crowded out by AI and big tech"

Nic Carter, co-founder of Coin Metrics, diagnosed this year's virtual asset (cryptocurrency) market downturn as completely different in nature from the past. Carter wrote on his X on the 15th (local time), "I judge 2025 to be, paradoxically, a 'worse

Zcash whale maintains short position on HyperLiquid for over a month... losses top $20 million

The largest short position on Zcash (ZEC) on HyperLiquid (HYPE) has been maintained for more than a month, resulting in a large unrealized loss. According to data from HyperInsight on the 15th (local time), the whale opened a 5x leveraged short posit

Hyperliquid founder "DeFi, a superior financial technology... the future is not bleak"

Jeff, founder of Hyperliquid (HYPE), rebutted claims that the future of decentralized finance (DeFi) is bleak. On the 15th (local time) at Token2049 held in Singapore, Jeff said, "It is not true that the vision of DeFi is over," and emphasized, "DeFi

Bitcoin (BTC) falls below $95,000

U.S. DOJ moves to forfeit $15.1 million in Tether seized from North Korean hacker group

The U.S. Department of Justice has initiated forfeiture proceedings for $15.1 million worth of Tether (USDT) seized from a North Korean hacking group. On the 15th (local time), according to the U.S. Department of Justice, the government filed two civ

Bitcoin breaks below $97,000 amid mounting negative factors...lowest in 6 months

Bitcoin (BTC) is experiencing intensified declines. On the 13th (local time) on the Binance Tether (USDT) market, Bitcoin plunged about 5% from the previous day, falling intraday to $96,712. This is the lowest level since May. The downward trend is n

Bitcoin breaks below 98,000 dollars...downtrend deepens

U.S. spot Bitcoin ETFs see $867.35 million in net outflows... second-largest on record

Large amounts of funds have exited spot Bitcoin (BTC) and Ethereum (ETH) ETFs. According to data from Trader T on the 13th (local time), U.S.-traded spot Bitcoin ETFs saw total net outflows of $867.35 million. This is the second-largest amount since

Diverging flows amid dollar weakness…virtual assets down, gold and silver strong

Cryptocurrencies and the gold and silver markets are showing opposite trends. On the 13th (local time), CoinDesk reported that while the recent rally in the dollar index (DXY) has stalled, major crypto asset prices including Bitcoin (BTC) have fallen

Fear spreads through the cryptocurrency market... On-chain indicators are 'bottom signals'

Bitcoin (BTC) has fallen below $100,000 again, spreading a pessimistic mood across the cryptocurrency market. However, analysis shows that major on-chain indicators are instead signaling a bottom. On the 13th (local time), on-chain data analysis plat

U.S. FASB to revise 'virtual-asset accounting standard'...considering expansion of scope

The U.S. Financial Accounting Standards Board (FASB) is expected to revise the accounting treatment standard for virtual assets (cryptocurrencies). On the 13th (local time), Bloomberg reported that FASB will hold a meeting on the 9th to discuss wheth

Polymarket partners with UFC…U.S. sports prediction market set to expand in earnest

UFC parent company TKO has signed a multi-year partnership with prediction market platform Polymarket. Polymarket, which is preparing to enter the United States, is expected to use this as an opportunity to broaden its influence within the sports ind

XRP spot ETF 'XRPC' posts $58 million first-day volume..."Successful debut"

XRP (XRP) spot exchange-traded fund (ETF) made an impressive debut on Wall Street. On the 13th (local time), The Block reported that Canary Capital's XRP spot ETF 'XRPC' recorded total trading volume of $58 million on its first trading day. It is the

Bitcoin (BTC), falls below $99,000

Bitcoin (BTC) falls below $100,000

Bitcoin hits five-month low amid concerns over Fed's 'in-the-dark' rate decisions

Market uncertainty has surged as a prolonged U.S. federal government shutdown has prevented the Federal Reserve (Fed) from obtaining key economic indicators. With investor sentiment shaken, New York stocks plunged across the board, and Bitcoin (BTC)

Bitcoin (BTC) recovers to $100,000

Up 1000% in a Year… This Coin Called the 'Encrypted Bitcoin' [Hwang Du-hyun's Web3+]

Institutionalization of crypto assets raises demand for privacy coins Zcash surges… evaluated as the 'encrypted Bitcoin' Industry notes "last 1000x profit opportunity" Responding with 'selective privacy' amid regulatory risks The privacy coin Zcash (

"Money to be released"... Bitcoin surges on hopes of U.S. shutdown being lifted

'Final countdown' to shutdown end after U.S. Senate agreement Crypto market rebounds on hopes of liquidity recovery "Bitcoin could rally in the short term" The U.S. federal government shutdown, which lasted 40 days, has effectively entered an end pha

US Bitcoin and Ethereum spot ETFs turn to net inflows in one day

In the US spot exchange-traded fund (ETF) market, Bitcoin (BTC) and Ethereum (ETH) ETFs both turned to net inflows in just one day. With buying by major institutions recovering, market sentiment, which had been in a recent correction phase, appears s

Tools for Humanity sets web privacy standard with 'World ID'... "Age verification without ID"

Tools for Humanity (TFH), developer of World (WLD), said on the 7th that its privacy-centered identity verification technology 'World ID' means website age verification no longer needs to rely on ID submission. Currently, major platforms worldwide re