JOON HYOUNG LEE

CEX spot trading volume fell 11.5% last month…derivatives edged up slightly

Spot cryptocurrency trading volume at major centralized exchanges (CEXs) was found to have declined by more than 11% over the past month. According to Wu Blockchain on the 11th (local time), spot trading volume at major cryptocurrency exchanges last

Bitwise: "Institutional buying of Ethereum continues… expectations for the Clarity Act and more"

An analysis suggests that institutional investors’ buying of Ethereum (ETH) is continuing. Bitwise Europe, an asset manager, said via X on the 11th (local time) that “Ethereum is down about 58% from its all-time high (ATH) set in late August 2025,” a

WSJ: "U.S. Justice Department opens probe into Binance... suspected of evading 'Iran sanctions'"

The U.S. Department of Justice (DOJ) is reported to have launched an investigation into allegations that Iran used the global cryptocurrency exchange Binance to circumvent U.S. sanctions. The Wall Street Journal (WSJ) reported on the 11th (local time

Antalpha buys $240 million worth of Tether Gold... "Profit tops $100 million"

Blockchain financial firm Antalpha has reportedly generated profits of $100 million (about 150 billion won) from a large-scale investment in Tether Gold (XAU). According to CryptoPotato on the 11th (local time), Antalpha’s unrealized gains from its T

Goldman Sachs Emerges as a Major Player in XRP ETFs… $150 Million Bet

Global investment bank (IB) Goldman Sachs has emerged as the largest investor in U.S. spot XRP exchange-traded funds (ETFs). According to Cointelegraph on the 11th (local time), Goldman Sachs held $154 million (about KRW 230 billion) worth of spot XR

Forbes: “Binance founder richer than Bill Gates”… CZ issues “direct rebuttal”

Changpeng Zhao (CZ), founder of Binance, has issued a direct rebuttal to a Forbes report estimating his wealth. In a post on X, Zhao said on the 11th (local time) that “Forbes’ (wealth) estimate was way off.” He added, “For example, Forbes estimated

Two days after Trump remarks he is "considering taking control of Hormuz"… "Three cargo ships attacked off Iran’s coast"

As the war between the United States and Israel and Iran entered its 12th day, a series of incidents involving attacks on cargo ships occurred in Middle Eastern waters. According to overseas media including CNBC in the U.S. on the 11th (local time),

Stretch daily trading volume tops $400 million…“all-time high”

Daily trading volume in “Stretch,” a perpetual preferred stock issued by Strategy, the world’s largest corporate holder of Bitcoin (BTC), has hit a record high. According to Strategy on the 11th, Stretch’s daily trading volume totaled about $409 mill

"Downside pressure on Bitcoin is building"… Seven central banks to set rates next week

Central banks in seven countries, including the US Federal Reserve (Fed), will set benchmark interest rates next week. Analysts say downside pressure on Bitcoin (BTC) could intensify if the Iran-triggered spillover from the Middle East conflict reinf

[Analysis] "Bitcoin 'Supply in Loss' rising…may signal an early-stage bear market"

Bitcoin’s (BTC) “Supply in Loss” has recently been on the rise. Woo Minkyu, a CryptoQuant contributor, wrote on the 11th (local time) via CryptoQuant that “Bitcoin’s Supply in Loss has turned back up and is now approaching the roughly 40–45% range.”

Trump’s wealth up $1.4bn in a year: “Thanks to crypto business”

Donald Trump’s wealth has increased by $1.4 billion (about $2 trillion won) over the past year, driven by his cryptocurrency ventures and other factors. Forbes reported on the 10th (local time) that Trump’s net worth rose by $1.4 billion from a year

[Analysis] "Ethereum network activity hits all-time high…price decouples"

An analysis has found that Ethereum (ETH) prices and network usage are showing signs of decoupling. On-chain analytics firm CryptoQuant said in a weekly report on the 10th (local time) that "Ethereum network activity has recently reached an all-time

SharpLink, holder of 870,000 Ether… Attention on earnings release amid “2 trillion won loss”

Q4 earnings release on the 9th Full-year revenue seen at $29 million Q3 also delivered an “earnings surprise” Variables include “snowballing” unrealized losses SharpLink Gaming, the world’s No. 2 corporate holder of Ether (ETH), is set to report last

"Bitcoin has proven its safe-haven status"…Iran crisis brings 'digital gold' back into focus

Rebound despite Middle East jitters…successfully reestablishes itself in the $70,000 range "Holding up better than equities…no reason to sell" Signs of recovering institutional demand…oil prices are the key variable Bitcoin (BTC) has managed to hold

Despite US resolve to defend Hormuz… “Trump has limited tools to curb oil prices”

An analysis has found that the United States has limited means to curb rising energy prices stemming from the Iran situation. According to Walter Bloomberg on the 5th (local time), Wolfe Research said in a recent report that “there are not many polic

Richmond Fed President: "Middle East conflict could spark inflation… the Fed can’t ignore long-term shocks"

Thomas Barkin, president of the Federal Reserve Bank of Richmond, recently said the latest developments involving Iran could trigger inflation. In an interview with Bloomberg TV on the 5th (local time), Barkin said, "If gas prices rise (because of th

Core Scientific raises $1 billion from Morgan Stanley… “Data center development”

US Bitcoin (BTC) miner Core Scientific has raised $1 billion in funding from global investment bank (IB) Morgan Stanley. According to CoinDesk on the 5th (local time), Core Scientific recently signed a $500 million term loan commitment with Morgan St

Revolut renews push to set up US bank; appoints new CEO

UK fintech firm Revolut is renewing its push to enter the US market. According to Cointelegraph on the 5th (local time), Revolut submitted an application on the day to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insura

US initial jobless claims at 213,000, below estimates

The number of initial jobless claims in the United States last week came in below market expectations. The US Department of Labor said on the 5th (local time) that initial jobless claims totaled 213,000 last week. That was 2,000 below the consensus f

Bybit: "Safe-haven funds shifting into crypto…market volatility persists"

In the wake of the recent situation involving Iran, some funds that had been parked in safe-haven assets appear to have flowed into cryptocurrencies such as Bitcoin (BTC). Crypto exchange Bybit said via its official X account that "after gold hit $5,

New York Stock Exchange makes surprise investment in OKX… “Accelerating blockchain business”

The New York Stock Exchange (NYSE) has made an investment in global cryptocurrency exchange OKX. According to Fortune on the 5th (local time), Intercontinental Exchange (ICE), the NYSE’s parent company, recently decided to invest in OKX. The specific

UAE: "Banking system remains stable despite Middle East conflict"…Crypto industry takes note

The United Arab Emirates (UAE) has said that despite the recent Middle East conflict, its domestic banking system is operating stably. According to Cointelegraph on the 5th (local time), Khaled Mohamed Balama, governor of the UAE Central Bank, said i

Despite a large Q4 loss… American Bitcoin board bought back shares

The board of American Bitcoin, a U.S. Bitcoin (BTC) mining company, has bought a large amount of its own shares. According to CoinDesk on the 5th (local time), American Bitcoin disclosed that two board members had purchased a significant amount of co

a16z Crypto pushes to raise a new fund… $2 billion in size

Andreessen Horowitz (a16z), one of the world’s largest venture capital (VC) firms, is seeking to raise a new $2 billion cryptocurrency investment fund. According to Fortune on the 5th (local time), a16z Crypto, a16z’s crypto investment arm, has recen

Dubai orders KuCoin to suspend services, warns of “unlicensed operator”

Dubai authorities in the United Arab Emirates (UAE) have ordered cryptocurrency exchange KuCoin to suspend services. According to Cryptopolitan on the 5th (local time), Dubai’s crypto regulator, the Virtual Assets Regulatory Authority (VARA), recentl

Stablecoins saw $1.7bn in net inflows last week…up 410% in a week

Net inflows into stablecoins surged more than 410% over the past week, data showed. Blockchain research firm Messari said on the 4th (local time) that weekly net inflows into stablecoins totaled $1.7bn last week, a 414.5% spike from the previous week

[Analysis] "Binance Ethereum Trading Volume Surges…Turnover Hits Highest in Six Months"

Ethereum (ETH) turnover on global cryptocurrency exchange Binance has reached its highest level in the past six months. Arab Chain, a CryptoQuant contributor, said on the 5th (local time) via CryptoQuant that “Binance’s Ethereum ‘30-Day Exchange Liqu

Trump’s pro-crypto remarks send Coinbase and other related stocks surging

Shares of Coinbase and other crypto-related stocks surged recently after pro-cryptocurrency comments by U.S. President Donald Trump. According to Cointelegraph on the 5th (local time), shares of Strategy jumped more than 10% the previous day (the 4th

[Analysis] "Bitcoin buying momentum weakens…fear-driven hedging demand fades"

An analysis suggests that Bitcoin (BTC) buying momentum has weakened sharply in recent on-chain indicators. In its weekly report released on the 4th (local time), on-chain analytics firm Glassnode said, "(Bitcoin’s) 30-day moving average Realized Pro

[Market] Bitcoin Falls Below $72,000… Kimchi Premium at -0.26%

Bitcoin (BTC) fell below $72,000. According to CoinMarketCap on the 5th, Bitcoin was trading at $71,827.35 as of 4:53 p.m., up 3.5% from the previous day. That marks a 5.87% gain compared with a week earlier. The kimchi premium turned negative. Accor