JH Kim

According to the virtual asset (cryptocurrency) analysis platform Unfolded on the 20th (local time), the United States Securities and Exchange Commission (SEC) has extended the review period for 21Shares' XRP spot Exchange-Traded Fund (ETF).

Bitcoin (BTC) has temporarily recovered to the $106,000 level. Meanwhile, BTC is trading at $106,085.30, up 0.98% from the previous day, as of 02:17 on the 21st, based on the Binance Tether (USDT) market.

An analysis suggests that President Donald Trump's meme coin gala show and Vice President JD Vance's attendance at 'Bitcoin (BTC) 2025' could be key factors in determining the short-term direction of the virtual asset (cryptocurrency) market. According to virtual asset specialized media The Block on the 20th (local time), virtual asset market research firm K33 Research stated in a report, "While the development of policies related to virtual assets is a very important factor for the market, it seems to be somewhat underestimated recently," adding, "However, if there are additional movements related to the executive order on Bitcoin reserves announced by President Trump earlier this year, the situation could change." It further explained, "There is also the possibility that related content could be announced through keynote speeches by the President and Vice President at the meme coin gala show and the 'Bitcoin 2025' event." Meanwhile, the TRUMP dinner attended by President Trump is scheduled for the 22nd (local time), and the 'Bitcoin 2025' event attended by Vice President JD Vance is set to be held on the 28th.

Raj Gokal, co-founder of Solana (SOL), stated on the 20th (local time) via X (formerly Twitter) that "last week, hackers attempted to hijack my email, SNS, Google, and Apple accounts," and urged caution as "there may be attempts to impersonate me to raise funds under the pretext of launching tokens." Meanwhile, SOL is trading at $167.03, up 1.72% from the previous day, based on the Binance Tether (USDT) market as of 00:35 on the 21st.

According to the cryptocurrency-focused media outlet The Block on the 20th (local time), the decentralized exchange Bancor (BNT) has filed a patent infringement lawsuit against Uniswap (UNI). The media stated, "Bancor claims that its patent for DEX smart contract technology, which enables automated on-chain token swaps without centralized intermediaries, has been infringed upon," and "although they have claimed damages, the specific amount has not been disclosed."

According to Lookonchain on the 20th (local time), an address suspected to belong to Ethereum (ETH) co-founder Jeffrey Wilcke withdrew Ethereum (ETH) worth $262 million, which had been deposited to Kraken about an hour ago, and moved it to 8 new addresses. Meanwhile, Lookonchain explained that this transfer might be a simple wallet movement rather than for selling purposes.

On the 19th (local time), Fortune reported, citing multiple sources, that Circle, the issuer of the dollar-based stablecoin USDC, has entered into informal negotiations for a company sale with Coinbase or Ripple, the issuer of XRP. The media analyzed, "According to sources, Circle has proposed a target company valuation of $5 billion, which is the goal for its IPO, to these companies." It continued, "One source stated that if Coinbase expresses acquisition intentions, Circle will quickly proceed with the sale process, but another source mentioned that Circle is still more focused on the IPO," adding, "All three companies declined to comment on the matter."

On the 19th (local time), according to cryptocurrency-focused media The Block, the U.S. Securities and Exchange Commission (SEC) has decided to extend the review period for 21Shares' Solana (SOL) Exchange-Traded Fund (ETF) and Bitwise's SOL ETF. The SEC announced that it will also conduct a public comment period on these products while extending the review period.

Bitcoin (BTC) temporarily recovered to the $105,000 level. Meanwhile, BTC is trading at $105,022.55, down 0.41% from the previous day, based on the Binance Tether (USDT) market as of 01:28 on the 20th.

On the 19th (local time), according to virtual asset (cryptocurrency) specialized media Walter Bloomberg, Jamie Dimon, CEO of JP Morgan, the largest bank in the United States, who has maintained a critical stance on Bitcoin (BTC), stated, "I am not a fan of Bitcoin, but I will allow customers to buy Bitcoin," adding, "However, we will not provide custody services for it." Previously, he mentioned, "Although virtual assets are gradually being accepted in the mainstream, they do not have intrinsic value, and (JP Morgan) is not prepared to adopt them." In the past, he has remarked, "Bitcoin is a bubble fraud," and "If I were in a high government position, I would have banned virtual assets." Meanwhile, BTC is trading at $104,913.04, down 0.46% from the previous day, as of 01:27 on the 20th in the Binance Tether (USDT) market.

On the 19th (local time), according to the cryptocurrency-focused media The Block, the global cryptocurrency exchange Bybit announced that it will add stock trading to its gold and forex product lineup. As a result, users will be able to trade stocks of 78 companies, including Coinbase, with Tether (USDT). Bybit explained that this feature is based on the Contract for Difference (CFD) model. Meanwhile, CFD is a financial derivative that allows users to bet on price fluctuations without actually owning the underlying asset, with profits and losses determined by the difference between the entry and exit prices.

Bitcoin (BTC) temporarily retracted the $104,000 level. Meanwhile, BTC is trading at $103,580 on Binance Tether (USDT) market as of 05:13 on the 19th, up 0.46% from the previous day.

Bitcoin (BTC) has temporarily returned the $105,000 level. Meanwhile, BTC is trading at $104,521.74, up 1.33% from the previous day, as of 3:02 on the 19th in the Binance Tether (USDT) market.

Bitcoin (BTC) temporarily recovered the $105,000 mark. Meanwhile, BTC is trading at $105,357.62, up 2.17% from the previous day, based on the Binance Tether (USDT) market as of 00:27 on the 19th.

According to cryptocurrency specialist media Cointelegraph on the 16th (local time), Eric Council Jr., who hacked the official X (formerly Twitter) account of the U.S. Securities and Exchange Commission (SEC) last January and posted a false article about the approval of a Bitcoin (BTC) spot exchange-traded fund (ETF), was sentenced to 14 months in prison by the Washington federal court. Previously, Eric Council Jr.'s side requested a sentence of 1 year and 1 day, while the U.S. prosecution sought a 2-year sentence.

According to cryptocurrency specialist media CoinDesk on the 16th (local time), the stablecoin USD1 of the DeFi project World Liberty Financial (WLFI) by the Trump family has adopted Chainlink Cross-Chain Interoperability Protocol (CCIP), allowing transfers to multiple blockchains including Ethereum (ETH) and Binance (BNB) Chain. Currently, USD1's market capitalization is approximately $2 billion.

It is anticipated that Bitcoin (BTC) will rise to $200,000 by the end of the year due to a supply shock from increased institutional demand. Matt Hougan, Chief Investment Officer (CIO) of Bitwise, stated in an interview with Cointelegraph during the Consensus 2025 conference on the 16th (local time) that "miners will mine 165,000 BTC this year, and listed companies have already purchased more than that." He continued, "The cumulative net inflow of BTC spot Exchange Traded Funds (ETFs) this year amounts to $6 billion," explaining that "this increase in demand will eventually exhaust the selling pressure at the $100,000 level." Furthermore, he added, "Institutional demand is likely to have made the BTC halving cycle a 'thing of the past.'"