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An analysis suggested that the Bitcoin (BTC) price correction may have reached the latter stage. An XWIN Research Japan contributor to CryptoQuant said on the 18th (local time) via CryptoQuant, "Bitcoin is entering the most severe short-term investor
U.S. Nasdaq-listed company Eightco (Eightco) appears to have secured 10% of Worldcoin (WLD)'s circulating supply. On the 18th (local time), Eightco said in its monthly chairman's message, "It holds approximately 272,250,000 Worldcoin" and "this is mo
Hashprice, a key indicator of Bitcoin (BTC) mining profitability, has recently hit its lowest level in five years. CoinDesk reported on the 18th (local time), citing Luxor data, that Bitcoin hashprice was measured at 38.2 dollars per 1 petahash (PH/s
A network outage at global web infrastructure company Cloudflare caused consecutive service interruptions in the cryptocurrency industry. On the 18th (local time), according to foreign media including CoinDesk, temporary service errors occurred that
The dollar stablecoin issuer Tether (USDT) is investing in the cryptocurrency lending firm Ledn (Ledn). Tether said on the 18th (local time) that it had decided to invest in Ledn. Ledn is a Bitcoin (BTC)-based lending service company founded in Canad
U.S. Nasdaq-listed Cypherpunk Technologies (Cypherpunk Technologies·formerly Leap Therapeutics) has made an additional purchase of Zcash (ZEC) worth US$18 million (approximately KRW 26 billion). Cypherpunk said on the 18th (local time) that it had pu
Two new Solana (SOL) spot exchange-traded funds (ETFs) will be newly listed. On the 18th (local time), according to Solana Floor, U.S. asset managers Fidelity and Canary's Solana spot ETFs will be listed in succession that day. Earlier, Fidelity subm
The Brazilian government is reportedly considering imposing taxes on cross-border cryptocurrency payments. On the 18th (local time), Reuters reported that the Brazilian government is considering applying the Tax on Financial Transactions (IOF) to cro
'Money Tree Sister' Cathie Wood-led ARK Invest has increased its investment in the cryptocurrency exchange Bullish. According to Cointelegraph on the 18th (local time), ARK Invest on the previous day (17th) additionally purchased Bullish shares worth
Kim Seojun, CEO of Hashed said there is "no fundamental concern" about the recent major cryptocurrency price decline. On the 18th via X, Kim said, "I've ridden every roller coaster in crypto since 2015, but this bear market is not scary for the first
Grab, known as the Uber of Southeast Asia, is strengthening collaboration with stablecoin payment platform StraitsX to expand stablecoin services. StraitsX said on the 18th (local time) that it had signed a strategic memorandum of understanding (MOU)
The price of Bitcoin (BTC) exceeded $91,000. According to CoinMarketCap on the 18th, as of 5:37 p.m. Bitcoin was trading at $91,075.1, down 4.8% from the previous day. Compared with a week earlier, it fell 13.23%. The Kimchi premium was in the 1% ran
Approximately 40% of the XRP supply appears to be in a loss zone. On-chain analytics firm Glassnode said on the 18th (local time) via its official X account that "the proportion of XRP supply in profit zones has fallen to 58.5%," adding that "this is
James Wynn, known as a whale of the decentralized exchange (DEX) Hyperliquid (HYPE), predicted that the price of Bitcoin (BTC) would fall further. On the 18th (local time), James Wynn wrote on his X account, "(I believe the Bitcoin price) will still
Ju Ki-young, CEO of CryptoQuant, said that if liquidity recovers due to interest rate cuts, etc., the recently contracted cryptocurrency investor sentiment could reverse. On the 18th, through X, Ju said "(Bitcoin's) short-term environment is bearish,
'Japan's version of "Strategy" MetaPlanet' said it will maintain its accumulation strategy despite the recent Bitcoin (BTC) price decline. Simon Gerovich, MetaPlanet CEO, said on the 18th (local time) via X, "Even on days when the (cryptocurrency) ma
Kyrgyzstan has issued a stablecoin worth $50 million (about 73 billion won). According to Unfolded on the 12th (local time), Kyrgyzstan recently issued a national stablecoin 'KGST' worth $50 million. Earlier, the Kyrgyz government announced last mont
U.S. Nasdaq-listed company DeFi Development is seeking to issue preferred shares to buy Solana (SOL). DeFi Development said on the 12th (local time) that it will issue perpetual preferred shares of up to $65 million (about 100 billion won). DeFi Deve
SUI will launch its own stablecoin. SUI said on the 12th (local time) that it will launch its own stablecoin 'USD Sui' within the year. Specific launch timing was not disclosed. SUI explained, "USD Sui is a core infrastructure stablecoin for the SUI
The world's No. 2 dollar stablecoin issuer Circle (USDC)'s net profit for this year's third quarter surged more than 200% compared with a year earlier. Circle said on the 12th (local time) that its net profit for the past third quarter was 214 millio
Matt Hogan, Bitwise's Chief Investment Officer (CIO), said on the 11th (local time) in a 'CIO memo' that "there will be more than six ICOs on the scale of billions of dollars through platforms like Coinbase next year" and "he expects a substantial po
U.S. Nasdaq-listed Leap Therapeutics has declared a stockpile of Zcash (ZEC). Leap Therapeutics said on the 12th (local time) that it has adopted a Digital Asset Treasury (DAT) to accumulate Zcash. Leap Therapeutics also purchased approximately 203,7
Cumulative net inflows into U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) have exceeded $60.8 billion (about 89.2 trillion won). On the 12th (local time), The Block reported that cumulative net inflows into spot Bitcoin ETFs were about $60.8 b
The U.S. cryptocurrency exchange Coinbase is launching its service 'Coinbase Business' in Singapore. Coinbase said on the 12th (local time) that it will launch Coinbase Business in Singapore. Coinbase Business is a dedicated platform for business-to-
Bitcoin (BTC) price exceeded $104,000. On the 12th, according to cryptocurrency market-tracking site CoinMarketCap, Bitcoin was trading at $104,132.11 as of 5:55 p.m., down 0.89% from the previous day. Compared with a week ago, it is 2.39% higher. Th
On the 12th (local time), according to Cointelegraph, Visa announced at the 'Web Summit' conference held in Portugal a pilot program that would allow companies to pay salaries with dollar-denominated stablecoins. Under the program, users of Visa's di
Overall cryptocurrency trading volume has declined by nearly half over the past year. On the 12th (local time), cryptocurrency analytics firm Matrixport said daily cryptocurrency trading volume fell from 352 billion dollars to 178 billion dollars ove
Whales (large investors) have recently deposited about 20,000 Bitcoin (BTC) to the global cryptocurrency exchange Binance. A Darkpost (Darkfost) CryptoQuant contributor said on the 12th through CryptoQuant, "Whales transferred more than 19,500 Bitcoi
On the 12th (local time), according to Cointelegraph, U.S. asset manager Bitwise's Chainlink spot ETF was registered with the DTCC that day. The ticker is CLNK. Cointelegraph said, "(DTCC registration) does not guarantee the ETF's approval by the U.S
Bitcoin (BTC) price fell below $105,000. According to the crypto market tracker CoinMarketCap on the 10th, Bitcoin was trading at $104,886.51 as of 11:54 p.m., up 1.57% from the previous day. Compared with a week ago, it was down 2.87%. The Kimchi pr