JOON HYOUNG LEE

Former Goliath Ventures CEO arrested on 'Ponzi scheme' charges… "$330 million scale"

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

Binance chooses Greece as its EU base… “License application submitted”

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

MetaMask expands crypto card service: “Available across the US”

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

"Allowing cryptocurrency investment for retirement pensions"… Bill passed in Indiana

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

ZachXBT’s ‘insider trading exposé’ targets Axiom… “Consider legal action”

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

Trump family-linked American Bitcoin posts $60 million loss in Q4… “falling market fallout”

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

US initial jobless claims total 212,000, below expectations

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

Bernstein says Circle is "pivoting to fintech infrastructure"… keeps $190 price target

Bernstein, a major Wall Street investment bank (IB), maintained its price target for Circle, the issuer of the dollar stablecoin USDC, at $190. According to DL News and others on the 26th, Bernstein assigned Circle an “outperform” rating and kept its

[Analysis] “Bitcoin deleveraging accelerates…possibility of a mid-cycle downturn”

An analysis has emerged that deleveraging in the Bitcoin (BTC) market is gaining pace. On-chain analytics platform CryptoQuant said in its weekly report on the 26th (local time) that “the Bitcoin market has now entered a deleveraging phase,” adding t

Sygnum launches crypto asset management service…taking aim at the '$100bn' market

Swiss-based crypto-focused financial firm Sygnum has rolled out an institutional crypto asset management service. According to Cointelegraph on the 26th (local time), Sygnum announced it would launch an institutional crypto asset management service c

"An additional $27 million in annual revenue"…Uniswap surges 15% amid talks to expand fees

Uniswap (UNI) jumped nearly 15% on discussions about expanding fees. According to CoinMarketCap on the 26th (local time), Uniswap at one point traded in the $4.20 range, up about 15% from the previous day. As of 7:28 p.m. that day, Uniswap is trading

[Analysis] "Bitcoin in the mid-to-late stages of a bear market…bullish reversal still not yet"

An analysis has suggested that Bitcoin (BTC) may be in the mid-to-late stages of a bear market. Crypto analytics firm Glassnode said in its weekly report on the 25th (local time) that “Bitcoin is moving sideways in the $60,000–$70,000 range, down 47%

Tokenized stocks’ market cap surpasses $1 billion… monthly trading volume nears $2.2 billion

The market capitalization of tokenized stocks has exceeded $1 billion for the first time on record. According to blockchain data analytics firm RWAxyz on the 26th, tokenized stocks’ market cap stood at about $1.02 billion as of that day. This marks a

AllUnity launches Swiss franc-backed stablecoin

Stablecoin platform AllUnity has launched a Swiss franc-backed stablecoin. According to Cointelegraph on the 26th (local time), AllUnity announced it would launch the stablecoin “CHFAU” that day. CHFAU is a stablecoin whose value is pegged 1:1 to the

[Analysis] "Bitcoin enters a stabilization phase… uptrend remains uncertain"

An analysis suggests it is still too early to conclude that Bitcoin (BTC), which has recently rebounded, has entered an uptrend. A CryptoQuant contributor from XWIN Research Japan said via CryptoQuant on the 26th (local time), “Bitcoin’s recent rebou

FTX founder cites the US Clarity Act: "A major milestone for crypto"

Sam Bankman-Fried, who founded cryptocurrency exchange FTX, which went bankrupt in 2022, has cited the US crypto market structure bill known as the Clarity Act. In a post on X on the 25th (local time), Bankman-Fried said, "The Clarity Act will be a m

Vitalik sold 'USD 33 million worth' of Ethereum so far this month… "More than the pre-announced amount"

Vitalik Buterin, co-founder of Ethereum (ETH), has been found to have sold Ethereum worth USD 33 million (about KRW 47 billion) so far this month. According to Onchain Lens on the 25th (local time), Buterin has sold 16,420 Ethereum from the 2nd of th

[Market Wrap] Bitcoin tops $67,000… Korea premium at 1.20%

Bitcoin (BTC) rose above $67,000. According to CoinMarketCap on the 26th, as of 12:04 a.m. that day, Bitcoin was trading at $67,205.38, up 5.94% from the previous day. Compared with a week earlier, it was down 0.19%. The so-called “Kimchi premium” ca

21Shares launches 'Strategy preferred stock ETP' in the EU

Crypto asset manager 21Shares is launching a financial product in the European Union (EU) that allows investors to gain exposure to Strategy’s preferred stock, “Stretch.” 21Shares said on the 25th (local time) it will list a Stretch-linked exchange-t

U.S. USTR chief: "Some countries to face tariffs of 15% or more"

The United States will impose tariffs of 15% or more on some countries. The countries subject to tariffs of 15% or higher were not disclosed. According to Reuters on the 25th (local time), U.S. Trade Representative (USTR) Jamieson Greer said in an in

Tether makes strategic investment in online marketplace Whop… "Introducing USDT payments"

Tether (USDT), the issuer of the dollar stablecoin, is investing in the online marketplace Whop. Tether said on the 25th (local time) it has decided to make a strategic investment in Whop. Tether explained, "Whop is a platform where people create con

Hong Kong to issue its first 'stablecoin licence' next month… "accelerating market innovation"

Hong Kong will issue its first stablecoin licence next month. According to The Block on the 25th (local time), Hong Kong Financial Secretary Paul Chan said that "the first licence for fiat-referenced stablecoin issuers will be approved next month." H

Nvidia’s post-earnings move seen at 5.6%…lowest in three years

Nvidia’s share-price swing following its fourth-quarter earnings release last year is expected to be the smallest in the past three years, according to an analysis. Reuters reported on the 25th (local time) that options analytics firm Options Researc

Bitcoin miners rise despite BTC weakness…Terawulf up 31% so far this month

Bitcoin (BTC) mining stocks such as Terawulf have posted gains so far this month. According to CoinDesk on the 25th (local time), shares of bitcoin miner Terawulf rose about 31% this month. Shares of other bitcoin miners Cipher Digital and Hut 8 also

[Market] Bitcoin tops $66,000… Kimchi premium at 1.45%

Bitcoin (BTC) rose above $66,000. According to CoinMarketCap on the 25th, as of 9:55 p.m. that day, Bitcoin was trading at $66,145.22, up 4.91% from the previous day. Compared with a week earlier, it was down 2.06%. The kimchi premium came in at the

BlackRock transfers about 1,100 bitcoins to Coinbase… "Possible additional deposits"

BlackRock, the world’s largest asset manager, has made a large bitcoin transfer to Coinbase. According to Onchain Lens on the 25th (local time), BlackRock deposited 1,134 bitcoins into Coinbase that day. At current prices, that amounts to $74.18 mill

[Analysis] "Bitcoin on-chain losses hit an all-time high… whale buying strengthens"

An analysis has emerged that whales (large investors) are stepping up their buying of Bitcoin (BTC). CW8900, a contributor to CryptoQuant, said via CryptoQuant on the 25th (local time) that "during this corrective phase, losses for Bitcoin on-chain i

Circle’s Q4 revenue and reserve income jumps 77%... circulating supply up 72%

Circle, the issuer of the U.S. dollar stablecoin USDC, reported that its revenue and income from reserve management in the fourth quarter of last year rose by nearly 80% from a year earlier. Circle said on the 25th (local time) that total revenue and

FG Nexus also dumps Ethereum… sells $14 million in a single day

FG Nexus, a U.S. Nasdaq-listed company that has been stockpiling Ethereum (ETH), unloaded Ethereum worth $14 million (about 20 billion won). According to Lookonchain on the 25th (local time), FG Nexus sold 7,550 Ether that day. At current prices, the

Vitalik selling off Ethereum… sold 17,000 in February alone

Vitalik Buterin, co-founder of Ethereum (ETH), has reportedly sold as many as 17,000 ether so far this month. CoinDesk, citing data from blockchain analytics firm Arkham Intelligence on the 25th (local time), reported that the ETH holdings in Buterin