Heecheol Yang

Franklin Templeton CEO: "Traditional finance accelerating digital asset transition… Major transformation within 5 years"

There are forecasts that the trend of global traditional financial institutions actively adopting digital assets and blockchain technology will accelerate even further. According to Cointelegraph on the 13th (local time), Jenny Johnson, the CEO of Fr

"Bitcoin and Ethereum Rally Overheated in the Short Term... Fundamentals Remain Weak"

The current rallies of Bitcoin and Ethereum are driven by short-term momentum and speculative demand, raising concerns about future movements as fundamentals are not supporting the price action. On the 12th (local time), crypto research firm 10x Rese

'Nasdaq-listed' DeFi Development Corp Continues Solana Purchases..."Plans to Raise Additional $1 Billion"

Nasdaq-listed DeFi Development Corp faced a setback in its plan to raise an additional $1 billion for further Solana (SOL) purchases due to intervention by the US Securities and Exchange Commission (SEC). According to Cointelegraph on the 12th (local

Brazil Moves to Introduce Bitcoin Reserves…"Up to 5% of Foreign Exchange Holdings Allowed"

Brazil is officially considering the introduction of national Bitcoin reserves (RESBit). According to Binance News on the 12th (local time), the bill proposed by federal lawmaker Eros Biondini allows the Central Bank of Brazil to accumulate Bitcoin,

Swedish healthtech company H100 announces 'Bitcoin accumulation', stock price soars 45%

Swedish health tech company H100 announced that it raised 10.1 million Swedish kronor (USD 10.6 million) to accumulate Bitcoin (BTC), resulting in its stock price surging by 45% in a single day. According to Cointelegraph on the 12th (local time), H1

'New Bond King' Jeffrey Gundlach: "U.S. Treasuries are no longer safe haven assets... Liquidation crisis ahead"

Jeffrey Gundlach, CEO of DoubleLine Capital, a leading U.S. bond investment firm, warned that "The enormous U.S. debt burden and interest costs have reached an unsustainable level," and stated, "U.S. Treasuries are no longer genuinely 'flight-to-qual

Over $314 Million Liquidated in 24 Hours… Ethereum Long Positions Hit Hardest

In the cryptocurrency market, positions worth approximately $314 million (USD) were forcibly liquidated. According to Binance News on the 12th (local time), based on Coinglass data, a total of $314 million worth of positions were liquidated over the

"TRON (TRON) Surpasses $700 Billion USDT Transfers in May...Another Record Broken"

The total amount of Tether (USDT) transfers processed on the TRON Network in May surpassed $700 billion (approximately ₩940 trillion), setting another record following April. According to CryptoQuant on the 12th (local time), recently the amount of s

Ethereum NFT market recovers to 2022 levels… OpenSea rewards and utility expansion drive growth

The number of traders in the Ethereum non-fungible token (NFT) market has recently surged to around 40,000, returning to levels seen in June 2022. According to The Block on the 11th (local time), following the completion of beta testing and the offic

XRP, Strong Support at $2.28 Level... Positive Factors Including XRPL

XRP is showing strong buying momentum and support near the $2.28 level, according to analysis. On the 11th (local time), CoinDesk reported that XRP had been trading in a narrow range between $2.27 and $2.32 over the past 24 hours, demonstrating solid

"Bitcoin expected to show weakness in Q3... Optimism rises for Ethereum"

Contrary to the market's anticipation that Bitcoin (BTC) will reach new all-time highs, major analysts have predicted that in the short term, Bitcoin's price could enter a correction phase during the third quarter. On the 11th (local time), Cointeleg

Ethereum Derivatives Trading Volume Surpasses $110 Billion, Surges 38% in 24 Hours

As of the 11th (local time), Ethereum (ETH) derivatives trading volume recorded $110 billion (USD) in the past 24 hours, up 38%, far surpassing Bitcoin (BTC) derivatives trading volume of $84.7 billion. According to The Block, analysts cited strong b

"Ethereum Whales Make Large Withdrawals... Clear Signs of Accumulation"

Ethereum (ETH) whale investors have recently withdrawn large amounts from major exchanges, indicating accumulation activity. According to Lookonchain on the 10th (local time), based on Arkham data, whale address 0xc097 withdrew 13,037 ETH (approximat

US Fortune 500, Interest in Stablecoin Adoption Surges Threefold in One Year

The number of Fortune 500 companies planning to adopt or expressing interest in stablecoins has tripled compared to the previous year. According to Cointelegraph on the 11th (local time), a Coinbase survey released the previous day found that 29% of

Ethereum Unique Addresses Surge by 70% in Q2…Base Network Leads

The number of unique addresses on the Ethereum (ETH) network soared by more than 70% in the second quarter, reaching an all-time high. In particular, the Base network drove the overall increase in activity, leading to the expansion of the Ethereum ec

Bitcoin remains steady at the $110,000 mark... Awaiting this week's CPI and Fed signals

The price of Bitcoin (BTC) is showing stability near the $110,000 level, with market participants paying close attention to the Consumer Price Index (CPI) and the Federal Reserve's rate policy signals to be announced this week. On the 10th (local tim

Despite Ethereum surpassing 2,800 dollars, 'bearish bets' increase in the options market… Will the bull market continue?

Ethereum (ETH) price broke through its highest level in 15 weeks at 2,800 dollars (USD) from last Monday to Tuesday, but in the options market, movements by traders seeking to hedge against downside risks following the recent surge have become promin

Société Générale launches dollar stablecoin 'USDCV' on Ethereum and Solana

Société Générale-Forge, the cryptocurrency subsidiary of the French financial group Société Générale, announced the launch of USD CoinVertible (USDCV), a US dollar-pegged stablecoin on the Ethereum and Solana blockchains. According to Cointelegraph o

With Bitcoin's Strong Rally… U.S. Stock Market Crypto-Related Stocks Rise Across the Board

Recently, the stock prices of U.S.-listed companies rose in tandem, driven by the increase in Bitcoin prices. According to Cointelegraph on the 10th (local time), stablecoin issuer Circle (CRCL) saw its stock price surge 7% intraday and close at $117

Bitcoin investment platform Parataxis aims for listing through $200 million SPAC merger

Bitcoin-focused investment platform Parataxis Holdings is seeking public listing through a $200 million merger with Special Purpose Acquisition Company (SPAC) SilverBox Corp IV. According to Cointelegraph on the 9th (local time), SilverBox, a SPAC li

Crypto asset fund holdings hit all-time high in May as risk appetite increases

With easing U.S.-China trade tensions boosting investors' risk appetite, crypto asset (cryptocurrency) fund holdings reached record highs in May. According to Reuters on the 9th (local time), Morningstar data showed that last month, $7.05 billion flo

Rise secures additional $4 million investment from Galaxy Ventures

Ethereum-based next-generation real-time blockchain scaling solution Rise (RISE) has secured an additional $4 million investment from Galaxy Ventures, bringing its total funding to $8 million. According to Daily Hodl on the 9th (local time), key indu

SEC Chair Paul Atkins Advocates 'Self-Custody', Criticizes Previous Gensler Administration

Paul Atkins, Chair of the U.S. Securities and Exchange Commission (SEC), strongly advocated for the right to 'self-custody' while criticizing the previous Gary Gensler administration's cryptocurrency policies. At the 'DeFi and the American Spirit' me

Dubai Surpasses $18 Billion in Real Estate Sales in May, Driven by 'Real Estate Tokenization'

Thanks to Dubai regulators' real estate tokenization policies, the local real estate market recorded sales of $18.2 billion in May. Among this, blockchain real estate transactions amounted to $3 billion. According to the real estate platform Property

Bitcoin Weakens Despite Easing US-China Trade Tensions…Impact of Macroeconomic Uncertainty

Despite optimistic outlooks in Asian stock markets due to the US and China trade talks, the digital asset market— including Bitcoin (BTC)— is experiencing weakness amid macroeconomic uncertainty. According to TradingView data on the 9th (local time),

Coinbase: "Resolving 'Unnecessary Account Freezes' Issue by Improving Machine Learning Model"

Coinbase, the global crypto asset (cryptocurrency) exchange, announced that it is utilizing machine learning models to address the issue of unnecessary account freezes on its platform. Brian Armstrong, CEO of Coinbase, stated on X (formerly Twitter)