JH Kim

According to CNBC on the 13th (local time), global investment bank J.P. Morgan has formalized plans to support trading of virtual assets (cryptocurrencies) such as Bitcoin (BTC) in the future. Scott Lucas, global head of digital assets at J.P. Morgan, said in an interview, "We plan to support clients to trade virtual assets directly," adding, "However, custody services are not yet included in the plan." He added, "We are currently reviewing the possibility of cooperating with external custodians."

On the 13th (local time), on-chain analytics platform SolidIntel reported that an address suspected to belong to a Trump insider newly opened a Bitcoin (BTC) short position worth about $340 million. That address was reported to have held about $700 million worth of Bitcoin and about $350 million in Ethereum (ETH) short positions just before last Friday's market crash, generating about $200 million in profit.

On the 13th (local time), ASTER (ASTER) said via X (formerly Twitter), "An unexpected issue occurred where the airdrop claim briefly opened earlier than scheduled, but it has now been resolved." ASTER added, "Existing users are not affected, and the airdrop is scheduled to open today at 9 p.m. (Korean time) as planned." Earlier, the community had reported that the ASTER airdrop claim was opened early for about 10 minutes.

On the 13th (local time), according to crypto-focused media CryptoBriefing, Europe's largest asset manager Amundi will launch a Bitcoin (BTC) exchange-traded fund (ETF) in Europe early next year. The outlet said, "It is a move by Amundi to enter the crypto asset ETF competition so as not to fall behind BlackRock, which manages IBIT, the world's largest BTC spot ETF."

Bitcoin (BTC) briefly gave up the $117,000 level. BTC is trading at $116,831.60, down 3.30% from the previous day on the Binance Tether (USDT) market as of 04:12 on the 11th.

On the 10th (local time), according to crypto-focused media The Block, the Arbitrum (ARB) Foundation has hired its first Chief Investment Officer (CIO) for ecosystem growth. Brendan Ma, formerly of Immutable and Goldman Sachs, is the appointee and plans to lead the Arbitrum ecosystem expansion through partnerships with existing financial institutions.

On the 10th (local time), on-chain analytics platform OnChainLens said, "a whale that had been inactive for 7 months withdrew 2870 Ethereum (ETH) from Binance," adding, "the size of this transaction is about $11.86 million, and the whale appears to currently hold a total of 4623 ETH."nExchange withdrawals are generally interpreted as for long-term holding or self-custody.n

Bitcoin (BTC) temporarily gave up the $118,000 level. BTC is trading at $117,953.89, down 1.56% from the previous day, based on the Binance Tether (USDT) market at 02:06 on the 11th.

On the 10th (local time), Eric Balchunas, Bloomberg senior ETF analyst, said on X(formerly Twitter) that "Caneri has submitted the sixth amendment to a spot Solana (SOL) exchange-traded fund (ETF)." The amendment reportedly includes paying SOL staking rewards to investors without an additional fee.

According to Cointelegraph on the 10th (local time), the stablecoin protocol STBL has entered into a strategic partnership with Ondo Finance (ONDO). Through this agreement, up to 50 million USST will utilize Ondo's stable asset USDY as primary collateral. The two parties aim to enhance on-chain real-world asset (RWA) utilization and liquidity through this cooperation.

On the 10th (local time), according to crypto-focused media The Block, the Ethereum (ETH) Foundation and Keyring have set up a legal defense fund to support the Tornado Cash developer. More than 22,000 dollars have reportedly been raised so far. Tornado Cash developer Roman Storm was indicted in 2023 on charges of conspiracy to launder funds and violating sanctions, and the crypto asset industry has criticized the indictment as stifling open-source development and the creativity of blockchain technology.

On the 10th (local time), according to crypto asset (cryptocurrency) specialized media CoinDesk, a subsidiary of Dominari Holdings (DOMH), an investment firm associated with President Trump's sons, is collaborating with Bitcoin (BTC) programming project Hemi to develop a digital asset treasury and exchange-traded fund (ETF) platform. Through this cooperation, institutional investors are expected to be able to access the BTC market using HEMI tokens. Dominari Holdings is reported to have Eric Trump and Donald Trump Jr. participating as investors. BTC was trading at 119,162.45 dollars, down 1.54% from the previous day, on the Binance Tether (USDT) market at 00:39 on the 11th.

Bitcoin (BTC) temporarily relinquished the $119,000 level. BTC is trading at $118,965.86 on the Binance Tether (USDT) market as of 00:31 on the 11th, down 1.60% from the previous day.

On the 10th (local time), on-chain data analytics firm Glassnode said, "Investors who bought XRP (XRP) below $1 appear to have realized substantial profits above $2," and analyzed that, "Major profit-taking waves in December 2024 and July 2025 have largely exhausted the market's bullish momentum."

Bitcoin (BTC) briefly recovered to 121,000 dollars. As of 05:53 on the 10th, BTC is trading on the Binance Tether (USDT) market at 121,063.41 dollars, down 1.77% from the previous day.

On the 9th (local time), The New York Times (NYT) reported that Roger Ver, the former CEO of Bitcoin.com, who was indicted on about $50 million in tax evasion allegations, has agreed to pay a $48 million fine to the U.S. Department of Justice. Roger Ver is accused of failing to report proceeds from sales of his Bitcoin (BTC) holdings from 2014 to 2017. The Department of Justice said the agreement concludes the criminal prosecution, but civil tax proceedings may still follow.

On the 9th (local time), Negentropic, the account of a Glassnode co-founder, wrote on X (formerly Twitter) "The final shakeout is underway" and "When this process ends, Bitcoin (BTC) will head toward a new record high, and the altcoin recovery starting next week will lead into a November altcoin season," he forecasted.

On the 9th (local time), according to crypto-focused media The Block, the Solana (SOL) Foundation sold SOL to several companies at discounted prices, and it was found that the number of SOL digital asset treasury (DAT) firms reaches dozens. An SOL DAT official who requested anonymity said, "Supporting numerous DATs is not very meaningful," and pointed out that 'mNAV', which compares a DAT's share price to the market value of the corresponding crypto asset, is falling. This suggests that relative value has declined due to the recent surge in SOL DATs. However, some view the increase in SOL buyers as positive for ecosystem expansion. Meanwhile, it is not known what specific discount rate the foundation applied.