Doohyun Hwang

Novogratz "Crypto asset slump is temporary... will rebound by year-end"

Mike Novogratz, Galaxy CEO, said about the recent weak crypto asset (cryptocurrency) market situation that "it is a short-term correction, but a healthy redistribution process in the long term," and predicted a possible rebound by year-end. On the 6t

"Bitwise initiates listing procedures for a Dogecoin spot ETF"

Bitwise appears to have entered full-scale procedures to list a Dogecoin (DOGE) spot exchange-traded fund (ETF). On the 6th (local time), Eric Balchunas, Bloomberg's senior ETF analyst, said on his X, "Bitwise appears to be conducting an '8(a) proced

Japan's Financial Services Agency to support issuance of yen stablecoin

Japan's Financial Services Agency said it will support a joint issuance proof-of-concept experiment for a yen-based stablecoin involving Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank. According to CoinDesk Japan on the 7th

"Largest outflow since the Luna incident"... DeFi 'cascading collapse theory' spreads

Spread of aftereffects from Stream Finance suspension of deposits and withdrawals Largest capital outflow since the Luna incident "DeFi vulnerabilities exposed... may transfer to exchanges" Concerns about a liquidity crisis caused by large-scale liqu

Virtual asset lending hits record high of $73.6 billion in Q3

The global virtual asset (cryptocurrency) lending market continued its upward trend in the third quarter and reached an all-time high. According to Bloomberg on the 6th (local time), as of the end of September global virtual asset lending totaled $73

KGeN officially launches next-generation digital identity protocol 'VeriFi'

Global Web3 infrastructure company KGeN announced on the 7th that it has officially launched the next-generation digital identity protocol 'VeriFi'. VeriFi is a digital identity solution that builds trust and transparency based on actual user behavio

Block: Q3 Bitcoin revenue $1.97 billion…YoY 18%↓

Fintech company Block, led by Twitter founder Jack Dorsey, recorded $1.97 billion in revenue from its Bitcoin (BTC) business in Q3 this year. This is about an 18% decrease compared with the same period last year ($2.4 billion). In a letter to shareho

Tether buys an additional 961 Bitcoins... total holdings near 90,000

Tether continues its Bitcoin (BTC) accumulation. On the 6th (local time), according to Onchain Lens, Tether recently bought an additional 961 Bitcoin. This amounts to about $97,340,000. Tether also purchased about 8,889 Bitcoin (about $1,000,000,000)

Dunamu recruits 4th cohort of university student supporters 'UpTo'

Dunamu, which operates the virtual asset (cryptocurrency) exchange Upbit, announced on the 7th that it is recruiting participant teams for the 4th cohort of its university student supporter program 'UpTo'. Upbit has continued various activities to su

Bithumb to participate as main title partner for '2025 SBS Gayo Daejeon'

Virtual asset (cryptocurrency) exchange Bithumb announced on the 7th that it will participate as the main title partner of the global K-POP festival '2025 SBS Gayo Daejeon.' This year's event will be held under the official name '2025 SBS Gayo Daejeo

Google integrates prediction market data…supports real-time probability search for Polymarket and Kalshi

Google is directly integrating real-time probability data from the blockchain-based prediction market platforms Polymarket and Kalshi into its Search and Google Finance. According to CoinDesk on the 6th (local time), users will be able to immediately

Bitcoin, despite falling below $100,000... "Could set a new record by year-end"

Investor sentiment weakens amid shutdown and AI rally slowdown Despite the bear market, industry says "it will rebound soon" Bitcoin (BTC) ultimately failed to hold the $100,000 level. A prolonged U.S. federal government shutdown and a slowdown in th

Bitcoin: interest rates, shutdown, liquidations — 'triple headwinds'... Will 100,000 dollars be breached?

US Fed hawkish signals lower expectations for rate cuts↓ Prolonged shutdown spreads liquidity squeeze·risk-off "100,000-dollar test… possibility of a year-end rebound" Bitcoin (BTC) is seeing intensified declines. A combination of reduced expectation

"Binance founder bought it"... Aster (ASTER), surges 30% in a day

First personal investment disclosed since CEO resignation Whale investors are betting on short positions "Technology is a strength, ownership concentration is a risk" Changpeng Zhao (Changpeng Zhao·CZ), the founder of Binance, revealed he directly pu

Aria (ARIAIP) Selected as Buidlpad's Next Project… Token Community Sale Underway

Aria Protocol, an ecosystem project of Story (STORY), an intellectual property (IP) blockchain infrastructure, announced on the 31st that it will conduct a community sale of its native token 'ARIAIP' through Buidlpad's new token launch platform 'Vibe

Coinbase CEO "Believes in Bitcoin... will continue to buy"

Brian Armstrong, Coinbase chief executive officer (CEO), showed a firm belief in Bitcoin (BTC). On the 30th (local time), Armstrong said on his X, "Coinbase believes Bitcoin will continue to rise," adding, "We will continue to buy Bitcoin." As of the

U.S. spot Bitcoin ETF, $490.43 million net outflow…institutional selling expands

A large net outflow occurred in the U.S. spot Bitcoin (BTC) exchange-traded fund (ETF) market. On the 30th (local time), according to Trader T's data, U.S. spot Bitcoin ETFs saw a total outflow of $490.43 million in one day, recording net outflows fo

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

Net outflows occurred in the U.S. spot Ethereum (ETH) exchange-traded fund (ETF) market for two consecutive trading days. As major institutions continued selling, Ethereum's price also entered a downtrend. According to TraderT's data on the 30th (loc

FTX founder "Customer funds have never disappeared... Most claims have been repaid"

Sam Bankman-Fried (Sam Bankman-Fried, SBF), former FTX chief executive officer (CEO), claimed that the customer funds of FTX, which is undergoing bankruptcy proceedings, "have never disappeared" and that most of the losses have already been recovered

U.S. Solana spot ETF sees $37.3 million net inflow in one day… price down 4.7%↓

More than $30 million flowed into U.S. Solana (SOL) spot exchange-traded funds (ETFs) in a single day. Institutional investors' buying pressure continued, but Solana's spot price showed a weak trend. On the 30th (local time), according to Farside Inv

Bitcoin recovers to $110,000 in one day… 3% surge expands short liquidation pressure

Bitcoin (BTC) rebounded sharply in one day, breaching the $110,000 level again. The price, which had been pushed down to $106,000 by Federal Reserve Chair Jerome Powell's hawkish remarks the previous day, quickly returned to an upward trend. On the 3

LucentBlock signs agreement with KakaoBank..."Moves to popularize STO"

LucentBlock, which operates 'Soyu', a real estate tokenized securities (STO) platform, announced on the 31st that it has signed a memorandum of understanding (MOU) with internet-only bank KakaoBank to expand public access to the new securities market

Bitcoin (BTC) surpasses 109,000 dollars

Decentralized exchange 'dYdX' plans to enter the U.S. market within the year

The decentralized crypto asset (cryptocurrency) exchange dYdX plans to enter the U.S. market within the year. Although the platform has been derivatives-focused with limited access for U.S. investors, it intends to roll out full-fledged spot trading

Bitcoin, $110,000 Break Could Trigger $1.5 Billion Short Liquidations

As Bitcoin (BTC) searches for direction within a short-term adjustment phase, large liquidation pressure appears to have accumulated at key price levels. On the 30th (local time), on-chain data platform CoinGlass reported that if Bitcoin rebounds and

IQ·FRAX launch won-based multi-chain stablecoin 'KRWQ'

Web3 infrastructure firm IQ said on the 31st that it has launched the Korean won (KRW)-pegged stablecoin 'KRWQ' in partnership with FRAX. KRWQ is a fiat-collateralized, Korean won-pegged multi-chain stablecoin developed as a regulatory-compliant mode

JPMorgan "USDC growth faster than Tether...driven by institutional demand"

Global investment bank (IB) JPMorgan analyzed that "Circle's stablecoin USDC is growing faster than Tether (USDT)," saying clear regulatory frameworks and increasing demand from institutional investors are driving this. On the 30th (local time), The

Bitcoin investor sentiment 'cools' as U.S. shutdown drags on

As the U.S. government shutdown entered its 30th day, Bitcoin (BTC) prices came under renewed downward pressure. Uncertainty over the timing of an interest-rate cut by the U.S. Federal Reserve (Fed) and a political deadlock have overlapped, rapidly s

Bitcoin Plummets on Powell's Comment… $110,000 Level Broken

Powell Dashes December Rate Cut Expectations Bitcoin Intraday Falls to the $109,000 Range Investor Sentiment Weakened Despite Announcement to End QT Bitcoin (BTC) prices fell below $110,000 after hawkish remarks by Jerome Powell, chair of the U.S. Fe

Bitcoin ahead of U.S.-China summit and FOMC..."Direction will depend on the outcome"

Bitcoin declines ahead of U.S.-China summit and FOMC Investors stay on the sidelines amid trade negotiation hopes and rate cut expectations Direction likely to hinge on remarks from Trump and Powell Bitcoin (BTC) prices have turned downward. This is