JOON HYOUNG LEE

PumpDotPump surpasses $200M in buybacks… bought 14% of circulating supply five months after launch

Solana (SOL)-based meme coin issuance platform PumpDotPump (PUMP) has exceeded $200 million in buybacks (repurchases of its own token). On the 11th (local time), according to SolanaFloor, PumpDotPump's buyback amount was calculated at $205.42 million

[Analysis] "Ethereum selling pressure weakens…Possible all-time high rally in 1 month"

Ethereum (ETH) appears to be experiencing weakening selling pressure. There is speculation that Ethereum's price could show an upward rally toward a new all-time high (ATH) about one month from now. A CoinCare contributor to CryptoQuant said on the 1

Strategy directly rebuts MSCI…"Index removal is arbitrary and discriminatory"

The world's largest Bitcoin (BTC) treasury company Strategy has directly rebutted Morgan Stanley Capital International (MSCI)'s review of removing it from indices. Strategy said on the 10th (local time) that it submitted a response to MSCI regarding

He Yi pushes for compensation over 'WeChat hacking'…"BNB airdrop for victims"

He Yi (He Yi), Binance co-CEO, is pursuing compensation for damages from the WeChat account hacking. On the 10th (local time), He Yi said via X, "Early this morning, a WeChat account that I hardly used was hacked," and "In the process, some users bou

Japan to fully revamp cryptocurrency regulation…pursuing regulation under the Financial Instruments and Exchange Act

Japan is pursuing a plan to change cryptocurrency regulation from the existing Payment Services Act (PSA) to the Financial Instruments and Exchange Act (FIEA). The Financial System Council under the Financial Services Agency (FSA) released a comprehe

Trump family’s American Bitcoin buys 416 bitcoins… holdings approach 4,800

American Bitcoin, a Bitcoin (BTC) mining company founded by Eric Trump, the second son of U.S. President Donald Trump, purchased an additional 416 bitcoins. American Bitcoin said on the 10th (local time) that it bought about 416 bitcoins from the 2nd

Japan's MetaPlanet stock surges… mNAV highest in 2 months

'Japan's version of 'Strategy' MetaPlanet's stock surged recently thanks to the rise in Bitcoin (BTC) prices. On the 10th (local time), according to CoinDesk, MetaPlanet's stock closed at 471 yen, up 12% on the day. CoinDesk reported, "Bitcoin's pric

[Analysis] "Ethereum funding rates stabilize… Upside momentum ↑ if demand strengthens"

An analysis showed that Ethereum (ETH)'s funding rates (Funding Rates) have remained stable despite the recent price rebound. ShayanMarkets, a CryptoQuant contributor, said on the 10th (local time), "Although Ethereum's price strongly rebounded from

UAE's Mubadala to pursue private equity fund tokenization…partners with KAIO

The United Arab Emirates (UAE) sovereign wealth fund Mubadala is entering the private equity fund tokenization market together with real-world asset (RWA) infrastructure firm KAIO. KAIO said on the 9th (local time) that it will collaborate with Mubad

IMF "Stablecoins could pose significant risks to certain countries"

The International Monetary Fund (IMF) said that stablecoins "could pose significant risks to some countries." On the 10th (local time), industry sources reported that the IMF recently published the report 'Understanding Stablecoins'. In the report, t

[Analysis] "Bitcoin implied volatility shrinking…Possibility of returning to a trading range"

Despite expectations for a U.S. interest rate cut, there is analysis that Bitcoin (BTC) prices could be trapped in a trading range again. Crypto analytics firm Matrixport said on the 10th (local time) via its official X account, "(Bitcoin's) implied

Bitwise CEO "Bitcoin '4-year cycle' is over… A bull market will come next year"

Hunter Horsley, Bitwise CEO, said that a cryptocurrency bull market will come next year. On the 10th (local time), CEO Horsley said via X, "The (Bitcoin) 4-year cycle is over," adding, "The (crypto) market has changed and matured." He meant that the

[Analysis] "Exchange Bitcoin Holdings at an All-Time Low…Typical Accumulation Phase"

The amount of Bitcoin (BTC) held by cryptocurrency exchanges has hit an all-time low. Arab Chain, a CryptoQuant contributor, said on the 10th (local time) via CryptoQuant that "the 'Exchange Supply Ratio,' which shows the proportion of Bitcoin availa

Kalshi breathes a sigh of relief… U.S. court halts Connecticut's 'order to cease operations'

A U.S. court has put a hold on the State of Connecticut's order to halt business operations against prediction market platform Kalshi. On the 10th (local time), Cointelegraph reported that the U.S. District Court in Connecticut said on the 8th, "It o

"Exchanges' Bitcoin holdings down to 1.8 million… lowest in 8 years"

The amount of Bitcoin held on centralized exchanges (CEX) has fallen to its lowest level since 2017. On the 5th (local time), The Block reported that centralized exchanges' Bitcoin balance was approximately 1.8 million as of that day. It is the lowes

U.S. SEC approves '2x leveraged' Sui ETF… Nasdaq listing

U.S. regulators have approved trading of a 2x leveraged exchange-traded fund (ETF) based on Sui. Sui said on the 4th (local time), "The U.S. Securities and Exchange Commission (SEC) has approved the 2x leveraged Sui ETF (TXXS)," and "(the ETF) has be

U.S. XRP ETF continues 13-day streak of net inflows…Net assets surpass $900 million

The U.S. XRP spot exchange-traded fund (ETF) has continued a 13-day streak of net inflows since its launch. On the 4th (local time), on-chain analytics firm SosoValue reported that the XRP spot ETF recorded 13 consecutive days of net inflows from the

BlackRock CEO "Anonymous sovereign wealth funds are buying Bitcoin... U.S. could fall behind"

Larry Fink, BlackRock's Chief Executive Officer (CEO), said on the 4th (local time) that "sovereign wealth funds that requested anonymity are buying Bitcoin (BTC) during the recent downturn." Fink made the remarks while attending the '2025 DealBook S

U.S. initial jobless claims 191,000…far below expectations

Last week, U.S. initial jobless claims came in well below market expectations. The U.S. Department of Labor said on the 4th (local time) that initial jobless claims last week totaled 191,000. This figure was 28,000 fewer than the experts' forecast (2

Kraken partners with German stock exchange… "Will expand access to cryptocurrencies"

U.S. cryptocurrency exchange Kraken is teaming up with the German stock exchange Deutsche Börse to expand business in the European Union (EU). Kraken said on the 4th (local time) that it had signed a strategic partnership with Deutsche Börse. First,

Aster unveils roadmap for the first half of next year… "Testnet to launch within the year"

Decentralized exchange (DEX) Aster (ASTER) will launch a Layer 1 mainnet in the first quarter of next year. Aster on the 4th (local time) revealed its roadmap for the first half of next year via its official X account. Aster said, "This year was a ye

Bitwise "MicroStrategy, 75% chance of MSCI removal…no change in stock price"

An analysis said that MicroStrategy, the world's largest bitcoin (BTC) holding company, would not see large stock price volatility even if it were removed from the Morgan Stanley Capital International (MSCI) index. Matt Hogan, Bitwise Chief Investmen

Warning of "structural vulnerability" despite Bitcoin rebound…"Downward pressure ↑ if below $96,000"

Bitcoin (BTC) prices have recently rebounded, but analysis shows the market remains structurally vulnerable. It is pointed out that if Bitcoin does not break above $96,000 within the year, downside pressure could increase. On-chain analytics firm Gla

Citadel writes to U.S. SEC…"Regulation on tokenized stocks should be strengthened"

Global major market maker (MM) Citadel Securities submitted to U.S. authorities the opinion that regulation on tokenized stocks should be strengthened. On the 4th (local time), industry sources said Citadel Securities sent a letter to the U.S. Securi

KAIA launches 'AlphaSec'…enters decentralized exchange market

KAIA, launched by integrating the blockchain business units of Kakao and Naver Line, is entering the decentralized exchange (DEX) market. On the 4th (local time), KAIA announced via its official X account that it has launched the decentralized exchan

Prediction market platforms 'red light'… U.S. Connecticut issues cease-and-desist orders to Kalshi, Robinhood and others

The U.S. state of Connecticut has issued orders to cease operations to some decentralized prediction market platform operators. The Connecticut Department of Consumer Protection (DCP) said on the 3rd (local time) that it "sent letters to three platfo

Ethereum Foundation: "Error in Prysm client... nodes must be reconfigured"

An error related to Prysm occurred on the Ethereum (ETH) mainnet. The Ethereum Foundation said on the 4th (local time) via its official X account, "(Currently) an error related to the Prysm consensus client is occurring on the mainnet." Prysm is a re

Ju Ki-young: "Bitcoin will remain range-bound even in a bear market... Avoid panic sells"

Ju Ki-young, CEO of CryptoQuant, said that even in a crypto downturn the price decline of Bitcoin (BTC) is unlikely to be large. On the 4th, Ju said via X, "Bitcoin is currently about 25% down from its all-time high (ATH), and even if a bear market c

[Analysis] "Bitcoin ELR Decline… Leverage Easing Lays Foundation for Rise"

Bitcoin (BTC)'s 'Estimated Leverage Ratio (ELR)' is showing a decline. Analysis suggests a structural foundation for Bitcoin price gains is being established. An Arab Chain CryptoQuant contributor wrote on CryptoQuant on the 4th (local time), "While

U.S. XRP ETF Continues 12-Day Streak of Net Inflows…Pulls in $820 million

The U.S. XRP spot exchange-traded fund (ETF) has continued a 12-day streak of net fund inflows since its launch. On the 3rd (local time), according to on-chain analytics firm SosoValue, the XRP spot ETF recorded 12 consecutive days of net fund inflow