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Sui (SUI) has launched a synthetic dollar stablecoin. The Sui Foundation said on the 11th (local time) via its official website that it had launched suiUSDe, SuiUSDe (suiUSDe), first unveiled in the fourth quarter of last year in collaboration with E
Bitcoin (BTC) rose above $68,000. According to CoinMarketCap on the 11th, Bitcoin was trading at $68,386.16 as of 11:11 p.m., down 1.06% from the previous day. That marks an 8.79% decline from a week earlier. The so-called Korea premium came in in th
Blockchain analytics firm Arkham has pushed back against speculation that it is shutting down its exchange. Arkham Chief Executive Officer (CEO) Miguel Morel told Cointelegraph on the 11th (local time) that “the crypto trading platform Arkham launche
Last month’s U.S. employment report came in well above market expectations. The U.S. Department of Labor said on the 11th (local time) that nonfarm employment in January increased by 130,000 from the previous month. The figure is nearly double the ma
The Democratic Party’s Digital Assets Task Force (TF) is set to finalize, as early as later this month, the ruling-party bill for the Digital Assets Framework Act. According to the industry on the 11th, the DP TF will hold its final meeting on the fr
Denmark’s Danske Bank will offer its customers access to cryptocurrency exchange-traded products (ETPs). Danske Bank said on the 11th (local time) that it will provide investment access to Bitcoin (BTC) and Ethereum (ETH) via ETPs. Specifically, the
Six out of 10 Ethereum (ETH) investors are reportedly sitting on losses. Cointelegraph reported on the 11th (local time), citing data from on-chain analytics firm Glassnode, that more than 58% of Ethereum addresses are at a loss. That means six in 10
An analysis has found that Bitcoin (BTC) price volatility has recently reached its highest level in four years. On the 11th (local time), an Arab Chain contributor to CryptoQuant said via CryptoQuant that “Bitcoin’s 7-day annualized volatility, based
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, which filed for bankruptcy in 2022, claimed on the 11th (local time) that the Biden administration had "intimidated witnesses" in connection with the FTX collapse. In a post on X, Bankman
Korean game developer Nexus has raised a large amount of funding through a paid-in capital increase to purchase cryptocurrencies such as Bitcoin (BTC). Nexus disclosed on the 11th that it raised a total of KRW 13.3bn through a third-party allotment p
Tom Lee, chairman of BitMine, said he expects Bitcoin (BTC) to post higher returns than gold this year. According to CoinDesk on the 11th (local time), Lee attended the “Consensus Hong Kong 2026” conference in Hong Kong and said, “There’s a high prob
The Democratic Party’s Digital Assets Task Force (TF) has decided to prepare a compromise on key contentious issues in the Framework Act on Digital Assets, including limits on major shareholders’ stakes in crypto exchanges. Rep. Ahn Do-geol of the De
Binance has launched a collateral program for institutions in partnership with global asset manager Franklin Templeton. In a statement on its official website on the 11th (local time), Binance said it would jointly introduce an over-the-counter (OTC)
Capital inflows from new Bitcoin (BTC) investors have recently turned ‘negative,’ data showed. An IT Tech contributor to CryptoQuant said on the 10th (local time) via CryptoQuant, “In the Bitcoin market, new-investor capital inflows have flipped to n
Hong Kong is moving to allow trading in cryptocurrency perpetual futures. According to CoinDesk on the 11th (local time), Julia Leung, chief executive officer of Hong Kong’s Securities and Futures Commission (SFC), said so while attending the “Consen
Michael Saylor, chairman of Strategy, has seen his fortune shrink by nearly two-thirds over the past six months amid a downturn in Bitcoin (BTC) prices. According to Bloomberg on the 11th (local time), Saylor’s net worth was recently estimated at abo
Authorities are set to launch a task force (TF) to tighten regulation of the crypto-asset market. An emergency response team comprising the Financial Services Commission, the Korea Financial Intelligence Unit (KoFIU), the Financial Supervisory Servic
Ripple, which issues XRP, said that “the mood for compromise is building” regarding the White House meeting on the crypto market structure bill (the Clarity Act). Stuart Alderoty, Ripple’s chief legal officer (CLO), said on X (formerly Twitter) on th
Bitcoin (BTC) fell below $67,000. According to CoinMarketCap on the 11th, Bitcoin was trading at $66,857.42 as of 3:15 p.m., down 3.51% from the previous day. That marks a 12.55% plunge compared with a week earlier. Ethereum (ETH) also slid nearly 5%
Investors are turning their attention to the earnings release of U.S. cryptocurrency exchange Coinbase, scheduled for later this week. With cryptocurrency sentiment having cooled after a sharp drop in Bitcoin (BTC), the market impact of Coinbase’s re
Despite being designated an "unregistered operator" No blocking measures carried out Fallout from the KCSC’s "three-member" lineup High potential for criminal misuse Criticism of a "regulatory blind spot" as well Some exchanges designated by financia
Upbit, the country’s largest crypto exchange, has disclosed its internal control system designed to prevent erroneous payout incidents. Dunamu, Upbit’s operator, maintains that there is no causal link between recent erroneous payout incidents and cla
Eugene Securities’ ‘Stock Tokenization Open Seminar’ Tokenized securities market to fully take off next year Democratic Party: “Will upgrade the capital market” Some point to the need to address institutional limitations “Business-model expansion may
Min Byung-deok, a lawmaker of the Democratic Party of Korea, said on the 6th that “stock tokenisation could become a new growth engine that makes it possible to go beyond a KOSPI 5,000 and even to a KOSDAQ 3,000.” In a written congratulatory address
Bitcoin (BTC) fell below $68,000. According to CoinMarketCap on the 6th, Bitcoin was trading at $67,261.15 as of 12:24 a.m., down 10.21% from the previous day. That marks a 21.28% plunge compared with a week earlier. Ethereum (ETH) also slid more tha
Shares of Strategy, the world’s largest Bitcoin (BTC) treasury company, fell to their lowest level in 16 months. According to Walter Bloomberg on the 5th (local time), Strategy shares plunged about 5.8% on the day. Walter Bloomberg said it was “the l
Bitcoin (BTC) fell below $69,000. According to CoinMarketCap on the 6th, as of 12:04 a.m. this morning, Bitcoin was trading at $68,873.7, down 7.39% from the previous day. Compared with a week earlier, it is down a sharp 20.23%. The so-called “Korea
The European Central Bank (ECB) held all three key policy rates, including the deposit facility rate, unchanged. The ECB convened its monetary policy meeting in Frankfurt, Germany, on the 5th (local time) and kept the deposit facility rate unchanged
World Liberty Financial (WLFI) sold off $5 million worth of Wrapped Bitcoin (WBTC). According to Lookonchain on the 5th (local time), World Liberty Financial sold 73 WBTC on the day. The total proceeds came to $5.04 million, implying an average selli
Bitcoin (BTC) has risen above $70,000. According to CoinMarketCap on the 5th, as of 11:41 p.m. that day, Bitcoin was trading at $70,556.16, down 6.32% from the previous day. That marks a 19.57% plunge compared with a week earlier. The kimchi premium