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Sui (SUI) has launched its own stablecoin. According to CoinDesk on the 4th (local time), Sui launched the dollar-denominated stablecoin “Sui Dollar (USDsui)” that day. Sui had previously announced plans to issue a stablecoin late last year. Sui Doll
As volatility in international oil prices has increased amid the latest Iran-related turmoil in the Middle East, the United States has again underscored its willingness to intervene. U.S. Treasury Secretary Scott Bessent said in an interview with CNB
Bitcoin (BTC) miners’ selling pressure has recently shown signs of easing. An Arab Chain contributor to CryptoQuant said via CryptoQuant on the 4th (local time) that “a clear change is emerging in miners’ behavior,” adding that “since the 20th of las
A US private-sector employment gauge last month came in above market expectations. According to the ADP National Employment Report released on the 4th (local time), US nonfarm private employment rose by 63,000 from the previous month. The figure beat
Global investment bank (IB) Morgan Stanley has selected Coinbase and Bank of New York (BNY) Mellon as custodians for its Bitcoin (BTC) holdings. On the 4th (local time), CoinDesk reported that Morgan Stanley recently filed an S-1 registration stateme
The United States is expected to implement a plan this week to raise its global tariff rate from the current 10% to 15%. According to Bloomberg on the 4th (local time), U.S. Treasury Secretary Scott Bessent said in an interview with CNBC that “(the t
World Liberty Financial (WLFI), the cryptocurrency project backed by the family of U.S. President Donald Trump, has reportedly made a large transfer of its tokens to centralized exchanges (CEXs). According to Onchain Lens on the 4th (local time), Wor
Tether (USDT), the issuer of the dollar-pegged stablecoin, has invested in sleep technology company Eight Sleep. Tether Investments, an affiliate of Tether, said on the 4th (local time) that it made a strategic investment in Eight Sleep. The specific
US cryptocurrency exchange Kraken has secured approval for a ‘master account’ with the Federal Reserve (Fed). Kraken co-CEO Arjun Sethi said in an interview with The Wall Street Journal (WSJ) on the 4th (local time) that the company recently received
Brian Armstrong, CEO of Coinbase, said “the fundamentals of crypto are stronger than ever.” Armstrong made the remarks on X on the 4th (local time). Earlier, John D’agostine, head of Institutional Strategy at Coinbase, also wrote on X the previous da
Coupang hires legal-review experts in digital assets Move seen accelerating prospects for a ‘KRW stablecoin’ launch “Could cut annual payment fees by hundreds of billions of won if introduced” In-house payments arm ‘Coupang Pay’ could become a new gr
The National Assembly Research Service said the government’s plan to cap major shareholders’ stakes in virtual asset exchanges may be unconstitutional. In a response dated the 4th to an inquiry from Rep. Kim Sang-hoon of the People Power Party, the s
Bitcoin (BTC) rose above $70,000. According to CoinMarketCap on the 4th, Bitcoin was trading at $71,197.85 as of 6:07 p.m., up 6.15% from the previous day. That is an 8.72% increase compared with a week earlier. Ethereum (ETH) also regained the $2,00
Bitcoin (BTC) rose above $70,000. According to CoinMarketCap on the 4th, as of 5:55 p.m. that day, Bitcoin was trading at $70,836.03, up 5.57% from the previous day. That marks an 8.01% gain compared with a week earlier. The Korea premium turned nega
An analysis suggests that Bitcoin’s (BTC) “implied volatility” could trend lower over the next few weeks. Crypto analytics firm Matrixport said via its official X account on the 4th (local time) that “(amid the Iran situation and other developments)
Global crypto exchange Binance has released an analysis suggesting that the recent uptrend in international oil prices, stemming from fallout from the Iran situation, could have a positive impact on Bitcoin (BTC). Binance Research, Binance’s research
The White House cryptocurrency advisory committee said stablecoins should be regulated differently from bank deposits. Patrick Witt, executive director of the White House crypto advisory group, wrote on X on the 4th (local time) that "it is deceit to
Mounting fears that the Iran crisis could drag on sent South Korea’s financial markets into panic. On the 4th, the KOSPI closed at 5,093.54, down 698.37 points (12.06%) from the previous session. In point terms, it marked the largest drop on record f
An analysis suggests that Bitcoin (BTC) has entered a late-cycle “stress phase.” A CryptoQuant contributor from TeddyVision wrote on the 3rd (local time) via CryptoQuant that “multiple on-chain indicators suggest the market is moving deeper into a la
Allegations of front-running by global quantitative trading firm Jane Street—named as a key player behind the 2022 Terra–Luna collapse—are rattling the cryptocurrency industry. Some analysts say that if the episode leads to stronger transparency in c
Reid Hoffman, the founder of LinkedIn, has been found to hold more than 3,000 Ethereum (ETH). According to blockchain analytics firm Arkham on the 27th (local time), Hoffman holds about 3,080 Ethereum as of that day. Its current value is $6.1 million
KOSDAQ-listed FocusAI has completed its acquisition of the Busan Digital Asset Exchange (Bidan·Bdan). FocusAI said on the 27th that it has completed payment of the remaining balance for the acquisition of the Busan Digital Asset Exchange. With the pa
Tether Gold (XAUT) has moved into the top 10 by trading volume on global cryptocurrency exchange Binance. In a CryptoQuant post on the 27th (local time), CryptoQuant contributor maartunn said, “Tether Gold has entered Binance’s top 10 perpetual futur
The former chief executive officer (CEO) of U.S. cryptocurrency investment firm Goliath Ventures has been arrested on charges of running a Ponzi scheme. According to Decrypt on the 26th (local time), Christopher Alexander Delgado, former CEO of Golia
Global cryptocurrency exchange Binance has chosen Greece as its business hub in the European Union (EU). According to foreign media outlets including BlockBeats on the 26th (local time), Binance submitted an application in Greece last month to obtain
Global crypto wallet provider MetaMask is expanding the geographic coverage of its blockchain-based debit card service to the entire United States. According to CoinDesk on the 26th (local time), MetaMask announced that, after completing a one-year p
The Indiana Legislature has passed a bill allowing retirement pensions to invest in cryptocurrencies. According to CoinDesk on the 26th (local time), the Indiana Legislature passed House Bill 1042 the previous day (25th). The core of the bill is to a
On-chain analyst ZachXBT has been found to be pointing to Axiom, a Solana (SOL)-based cryptocurrency exchange, as the subject of a forthcoming insider-trading exposé. On the 26th (local time), ZachXBT said on X that “the individual suspected of explo
American Bitcoin, a Bitcoin (BTC) mining company linked to the family of U.S. President Donald Trump, is reported to have posted a roughly $60 million loss in the fourth quarter of last year. According to CoinDesk on the 26th (local time), American B
The number of new US jobless claims last week came in below market expectations. The US Department of Labor said on the 26th (local time) that initial jobless claims totaled 212,000 last week. That was 5,000 below economists’ forecast of 217,000. Com