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Changpeng Zhao (CZ), the founder of Binance, predicted, "Bitcoin will eventually become the global reserve currency." On the 28th (local time), attending Bitcoin Asia, CZ said, "I have witnessed the evolution of Bitcoin firsthand," and added, "It is
Matt Hogan, Bitwise Chief Investment Officer (CIO), said on the 28th (local time), "Institutional investors are skipping Bitcoin (BTC) altogether and going all-in on Ethereum (ETH)." CIO Hogan appeared on the podcast 'The Wolf of All Streets' and exp
U.S. Bitcoin (BTC) spot ETFs recorded net inflows for four consecutive trading days. On the 28th (local time), according to data from Farside Investors, Bitcoin spot ETFs traded in the United States recorded net inflows of $178.9 million (approximate
The People Power Party said on the 29th that it will prioritize 100 legislative tasks at the regular session of the National Assembly, including a bill to establish legal grounds for the issuance and circulation of won-denominated stablecoins. The Pa
Currently, the number of spot ETFs for virtual assets (cryptocurrencies) that are undergoing approval review or awaiting review in the United States has been found to exceed 90. On the 28th (local time), according to material released by James Seyffa
Web3 infrastructure company KGeN announced on the 29th that it has surpassed annual recurring revenue (ARR) of $34 million two and a half years after its launch. KGeN is a decentralized verification protocol with users in over 100 countries and more
Fenwick & West, the U.S. law firm that served as legal counsel to cryptocurrency exchange FTX, has asked the court to dismiss a lawsuit alleging that it is responsible for the collapse of FTX. On the 28th (local time), according to Decrypt, Fenwick s
Domestic virtual asset (cryptocurrency) exchange Coinone said on the 29th that it has launched a Bitcoin (BTC) Flexible Staking product. Coinone Bitcoin staking is launched as a 'Flexible Staking' product. This is a product where rewards are accrued
The three major New York stock market indices closed higher. The Standard & Poor's (S&P) 500 index surpassed the 6500 level for the first time in history. NVIDIA's revenue outlook failed to meet expectations, but investor sentiment for artificial int
Cryptocurrency asset manager 21Shares (21Shares) submitted S-1 registration documents to the U.S. Securities and Exchange Commission (SEC) on the 28th (local time) for the launch of a Sei (SEI) spot exchange-traded fund (ETF). On that day, 21Shares s
Blockchain Leaders Summit Tokyo 2025 Japan Financial Services Agency proposes clear Web3 regulations "Will create a sound capital management environment" Japanese industry: "Web3 environment greatly improved" Global blockchain venture capital firm Ha
David Katz, Vice President of Circle, stated that innovation is accelerating as countries are actively establishing Web3 regulations. Circle is the issuer of 'USDC,' which holds the second-largest share in the global stablecoin market. At 'BLS Tokyo
Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), assessed that the United States is experiencing a new turning point in the virtual asset (cryptocurrency) sector following the inauguration of the Donald Trump ad
Japanese companies Densan System and Sumitomo Mitsui Financial Group (SMFG) have begun earnest efforts to establish a digital payment infrastructure centered on stablecoins. Both parties agreed that rather than pushing forward with individual initiat
Kim Seo-joon, CEO of Hashed, emphasized the potential of the Japanese Web3 market. He stated, "Japan is like a sleeping lion in the Web3 market," and added, "Yen-based stablecoins and animation intellectual property (IP) are the two key opportunities
The Ethereum (ETH) spot ETF ended a four-day streak of capital outflows and switched to net inflow. While outflows continue in Bitcoin spot ETFs, there appears to be a clear shift of funds into Ethereum. According to data from trader T on the 21st (l
Shirish Jajodia, Chief Corporate Finance Officer at Strategy, stated, "Strategy is buying Bitcoin almost every moment." Jajodia said on the Coin Stories podcast on the 21st (local time), "We actually buy Bitcoin 24 hours a day, every day, every hour,
Ripple and Japanese financial group SBI Holdings announced on the 22nd that they have signed a memorandum of understanding (MOU) to supply the dollar-pegged stablecoin 'Ripple USD (RLUSD)' to the Japanese market. This partnership will be carried out
Recent weeks have seen analysis indicating that Ethereum (ETH) has outperformed Bitcoin (BTC). According to The Block on the 21st (local time), JPMorgan cited four factors driving Ethereum's upward trend: △ETF inflows △corporate balance sheet adoptio
Capital outflows from U.S. Bitcoin (BTC) spot ETFs have continued for the fifth straight day. In particular, large-scale withdrawals have occurred from the products of BlackRock, ARK Invest, and Fidelity. According to data from TraderT on the 21st (l
Coinbase-operated Ethereum (ETH) Layer 2 blockchain 'Base (BASE)' has hinted at the possibility of issuing stablecoins based on local currencies, including the Korean Won (KRW). The move is driven by the belief that bringing local currencies on-chain
Optimism has been raised that Bitcoin (BTC) could reach $175,000 by the end of the year. On the 21st (local time), Leah Wald, CEO of SOL Strategies, stated in an interview with CNBC-TV18, "Bitcoin could climb to around $175,000 by year-end," adding,
Dunamu, the operator of the cryptocurrency exchange Upbit, announced on the 22nd that it has launched Upbit's official Korean Telegram channel. Upbit plans to deliver announcements and major news to users more promptly and transparently through the T
Virtual Asset Prices Fall Across the Board "If No Indication of Cuts at Jackson Hole, Profit Taking Likely" As senior officials of the Federal Reserve System have consecutively expressed cautious views, expectations for a rate cut in September have w
Ben Waxman, a Democratic member of the Pennsylvania House of Representatives, has proposed a bill (HB1812) to prohibit public officials from earning profits from virtual assets (cryptocurrencies) while in office. On the 21st (local time), Cointelegra
The Commodity Futures Trading Commission (CFTC) has fully launched a 'crypto sprint' to implement the recommendations of the Presidential Working Group on Financial Markets for Digital Assets. Caroline D. Pham, the Acting Commissioner of the CFTC, is
A new provision restricting the issuance of central bank digital currency (CBDC) has been added to the National Defense Authorization Act (NDAA), a must-pass bill in the US Congress. The NDAA is legislation that approves the Department of Defense bud
Korea, China, and Japan compete to issue domestic currency stablecoins Moves to counter the 'dollar-backed' 99% market dominance Korea faces differing views with the Bank of Korea… 'Will take time' Major East Asian countries such as Korea, China, and
Announcement of Five-Year National Policy Plan Promotion of Stablecoin Regulation, Spot ETFs, and Token Securities Strengthening industry competitiveness through Basic Blockchain Law and Innovation Roadmap The Lee Jae-myung administration is speeding
Bitcoin and Ethereum Plummet After Setting Record Highs Investor Sentiment Cools Due to Macroeconomic Uncertainty Will Powell Mention a Rate Cut at Jackson Hole? The virtual asset (cryptocurrency) market has entered a correction phase as prices turne