JOON HYOUNG LEE

The European Central Bank (ECB) has held the three main policy rates, including the deposit rate. On the 11th (local time), the European Central Bank held a monetary policy meeting in Frankfurt, Germany, and kept the deposit rate at 2.00%. The main r

Bit Mining, listed on the New York Stock Exchange (NYSE), has made a large additional purchase of Solana (SOL). On the 11th (local time), Bit Mining said it purchased an additional 17,221 Solana. Bit Mining's Solana holdings were tallied at 44,412 as

Last week, U.S. initial jobless claims far exceeded market expectations. The U.S. Department of Labor said on the 11th (local time) that last week's initial jobless claims totaled 263,000. This figure is 28,000 above the experts' forecast (235,000).

The U.S. August consumer price index (CPI) increase was in line with market expectations. The U.S. Department of Labor said on the 11th (local time) that last month's CPI rose 2.9% year on year. This matched market expectations (2.9%). Compared with

Japan's financial group SBI Holdings and Zodia Custody, a cryptocurrency custody firm under global investment bank Standard Chartered (SC), are ending the operations of their joint venture. On the 11th (local time), Bloomberg reported that SBI Holdin

China is restricting its domestic companies' cryptocurrency businesses in Hong Kong. On the 11th, according to Chinese financial media Caixin, the Chinese government is reviewing measures to restrict its state-owned enterprises, financial institution

It was reported that large-scale accumulation occurred when the price of Ethereum (ETH) was at $4,300~4,400. Crazzyblockk, a CryptoQuant contributor, said on the 11th (local time) via CryptoQuant, "About 1.7 million Ethereum were added to accumulatio

Bitcoin (BTC) price fell below $114,000. According to cryptocurrency market tracking site CoinMarketCap on the 11th, Bitcoin was trading at $113,963.12 as of 7:18 PM. It is an increase of 1.48% from the previous day. The kimchi premium was in the 0%

U.S. crypto asset manager Galaxy Digital has withdrawn Solana (SOL) worth $250 million (about 350 billion won) from a cryptocurrency exchange. On-chain analytics firm Solana Floor said on the 11th (local time) via its official X account, "Galaxy Digi

The altcoin season index reached a yearly high. On the 11th, according to on-chain analysis firm Blockchain Center, the altcoin season index scored 78 out of 100 that day. It was 17 points higher than at the end of last month (61 points), marking the

The KOSPI index, which has been setting record highs day after day, may indicate a Bitcoin (BTC) cycle peak, according to an analysis. Cryptocurrency analytics firm Alphractal said on the 11th (local time) via X, "KOSPI has hit an all-time high for t

An analysis said that XRP's price could surge to $3.60 if it breaks $3.02. CoinDesk reported on the 11th (local time) that "XRP's price broke $3 due to strong institutional interest and high trading volume." CoinDesk said, "Open interest (OI) in futu

U.S. Nasdaq-listed Sharps Technology (Sharps Technology) is strengthening cooperation with Solana (SOL)-based non-fungible token (NFT) project Fuzzy Penguins. Sharps Technology said on the 10th (local time) that it had signed a strategic partnership

Coupang joins 'Tempo' as an initial partner Prospects for introducing 'stablecoin payments' Annual savings of 'hundreds of billions' possible Domestic regulatory uncertainty is an obstacle South Korea's largest e-commerce company Coupang has stepped

CEO Kim Seojun meets with Tether executives Exploring cooperation measures such as collaboration with portfolio companies "Highly values the potential of the Asian market" It was confirmed that Kim Seojun, CEO of global web3 venture capital (VC) Hash

Hovering in the $4,200–4,300 range ETFs post record net outflows Buying by reserve-holding firms also slows "Additional upside momentum absent" Ethereum (ETH) prices, which had surged last month, have been stuck in a range this month. Outflows of ins

Last month, Ethereum (ETH) spot trading volume exceeded Bitcoin (BTC) spot trading volume for the first time in seven years. On the 4th (local time), The Block reported that in August, Ethereum spot trading volume on centralized exchanges (CEX) was a

There is speculation that Strategy, which holds the most bitcoin (BTC) among publicly listed companies worldwide, could be included in the U.S. S&P 500 index. Bloomberg News reported on the 4th (local time) that "Strategy has, in theory, secured prof

U.S. Nasdaq is tightening scrutiny of listed companies that have adopted cryptocurrency financial strategies such as Bitcoin (BTC). According to U.S. IT outlet The Information on the 4th (local time), Nasdaq has recently been strengthening oversight

Bitcoin (BTC) price has fallen below $110,000. On the 4th, according to crypto market tracker CoinMarketCap, Bitcoin is trading at $109,949.1 as of 11:20 p.m. It is down 1.36% from the previous day. The kimchi premium recorded a 0% range. According t

The U.S. Securities and Exchange Commission (SEC) is moving forward with a regulatory overhaul of cryptocurrencies. The SEC on the 4th (local time) unveiled plans for regulatory reform over the coming months. One of the core elements of the plan is c

U.S. cryptocurrency company Fireblocks is expanding its stablecoin business. Michael Shaulov (Michael Shaulov), Fireblocks chief executive officer (CEO), said in an interview with U.S. Fortune on the 4th (local time) that it will launch the stablecoi

Last week, U.S. initial jobless claims exceeded market expectations. The U.S. Department of Labor said on the 4th (local time) that initial jobless claims last week totaled 237,000. This is 7,000 more than experts' projection (230,000). Compared with

Bitcoin (BTC) price exceeded $111,000. According to crypto market tracking site CoinMarketCap on the 4th, Bitcoin was trading at $111,105.92 as of 9:17 p.m. that day. It is a 0.38% increase from the previous day. The kimchi premium remained in the 0%

Last month, the U.S. private employment indicator came in well below market expectations. According to the Automatic Data Processing (ADP) employment report on the 4th (local time), the number of nonfarm employees in the U.S. last month increased by

Global investment bank (IB) Goldman Sachs said gold prices would surge if the U.S. Federal Reserve's (Fed) independence is undermined. On the 3rd (local time), according to Bloomberg, Goldman Sachs said in a report that "if the Fed's independence is

The Japanese Financial Services Agency (FSA) said cryptocurrencies such as Bitcoin (BTC) should be classified as financial products. On the 4th (local time), according to Cointelegraph, the FSA recently drafted an internal report stating that cryptoc

An analysis said Bitcoin (BTC) price must break above $114,000 to recover momentum. On-chain analytics firm Glassnode said in its weekly report on the 4th (local time), "(Bitcoin) currently more than 60% of short-term investors are in profit," and "t

This year, the rate of increase in gold prices was found to be twice that of Bitcoin (BTC). On the 4th (local time), CoinDesk reported that gold prices have risen about 33% year-to-date. CoinDesk said, "This is three times the Nasdaq 100's gain and t