JOON HYOUNG LEE

U.S. July Existing Home Sales: 4.01 Million Units...Up 2% From Previous Month

Last month, existing home sales in the United States increased by 2% compared to the previous month. The National Association of Realtors (NAR) announced on the 21st (local time) that existing home sales in the U.S. for last month totaled 4.01 millio

JPMorgan forecasts strong performance for Ethereum… "Rising demand from corporations and ETFs"

Global investment bank (IB) JPMorgan has stated that institutional investor demand for Ethereum (ETH) may continue to grow. According to CoinDesk on the 21st (local time), JPMorgan said in a report released the previous day (20th), "Last month, $5.4

Coinbase Pushes Ahead With Listing of 'Trump Family Stablecoin'

U.S. cryptocurrency exchange Coinbase is seeking to list World Liberty Financial's (WLFI) stablecoin. On the 21st (local time), Coinbase announced via its official X account that it has added World Liberty Financial USD1 (USD1) to its listing roadmap

MetaMask to launch stablecoin within the year… Partners with Stripe

The cryptocurrency wallet company MetaMask is set to launch its own stablecoin. According to The Block on the 21st (local time), MetaMask will launch its own stablecoin, mUSD, by the end of this year. mUSD will be issued through Bridge, the stablecoi

[Market Update] Bitcoin Falls Below $113,000... Kimchi Premium -0.04%

The price of Bitcoin (BTC) has fallen below $113,000. According to CoinMarketCap, a virtual asset market tracking site, Bitcoin is trading at $112,968.72 as of 9:52 PM on the 21st. This figure represents a 0.66% drop from the previous day. The Kimchi

'Lending Protocol' Aave launches on Aptos…“Multi-chain Strategy”

The decentralized lending protocol Aave (AAVE) has launched on the layer-1 blockchain Aptos (APT). According to The Block on the 21st (local time), Aave was launched on Aptos on this day. This is the first time Aave has launched on a blockchain that

U.S. New Jobless Claims Hit 235,000, Far Exceeding Expectations

Last week, the number of new jobless claims in the United States greatly exceeded market expectations. The U.S. Department of Labor announced on the 21st (local time) that the number of new jobless claims last week was 235,000. This figure is 9,000 m

[Analysis] "Bitcoin MVRV at 2.1... High Potential for Price Increase"

There is an analysis suggesting that the price of Bitcoin (BTC) is likely to rise further. PelinayPA, a contributor for CryptoQuant, stated on the 21st via CryptoQuant, "Bitcoin's 'Market Value to Realized Value (MVRV)' is currently at 2.1," adding,

US-EU Joint Statement on 'Trade Agreement'... Only 25 Days After Leaders' Pact

On the 21st (local time), the United States and the European Union (EU) issued a joint statement that documents the details of their trade agreement. This comes just 25 days after the agreement was reached between their leaders on the 27th of last mo

Gemini in the US obtains 'MiCA license'—enabling EU operations

The American cryptocurrency exchange Gemini has obtained the MiCA license from the European Union (EU). Cointelegraph announced on the 21st (local time) via its official X account that 'Gemini has obtained the MiCA license from the Malta Financial Se

Hong Kong construction firm seeks to purchase 4,250 Bitcoins, shares jump 30%

Hong Kong construction company Ming Shing Group Holdings, listed on the US Nasdaq, is pushing for a large-scale Bitcoin (BTC) purchase. Ming Shing Group Holdings announced on the 20th (local time) that it has signed a contract with Winning Mission Gr

'Whale holding Bitcoin for 7 years'... Opens $300 million Ethereum long position

A whale (large investor) who had held Bitcoin (BTC) for seven years sold their holdings and opened a large Ethereum (BTC) long position. According to on-chain analyst MLM on the 20th (local time), the whale who had held Bitcoin for seven years sold 5

"Major Altcoins' Open Interest Nears $60 Billion…Record High"

The open interest (OI) of major altcoins such as Ethereum (ETH) and SOl has surpassed $60 billion (approximately ₩83.9 trillion). Onchain analytics firm Glassnode stated in its weekly report on the 20th (local time) that "last weekend, the futures op

'Ethereum Reserve' Corporate Holdings Surpass 4.1 Million…Worth $17.64 Billion

The amount of Ethereum (ETH) held by companies that have adopted an Ethereum-based financial strategy has surpassed 4.1 million. According to the Strategic Ethereum Reserve on the 21st, the total Ethereum held by reserve-focused companies is estimate

"Binance's Bitcoin Holdings Threaten Coinbase"

The amount of Bitcoin (BTC) held by Binance, the world's largest cryptocurrency exchange, has approached the level of Coinbase's Bitcoin holdings. A CryptoOnchain contributor for CryptoQuant stated through CryptoQuant on the 21st, "As of the 3rd of t

Circle President Visits Korea... 'Series of Meetings' with Four Major Financial Groups

The four major domestic financial groups are set to have consecutive meetings with Heath Tarbert, the President of Circle (USDC). Some groups will be represented by their top executives, including chairmen, for these meetings. According to the financ

'Coin Asset Disclosure Controversy' Kim Nam-kook Acquitted Again in Second Trial

Kim Nam-kook, Secretary for Digital Communication at the Presidential Office, was acquitted again in the second trial on charges of falsely reporting his virtual asset holdings in his National Assembly property declaration. The Criminal Appellate Div

Ruling party accelerates 'stablecoin drive'..."Future financial dominance at stake"

National Assembly 'Won Stablecoin' Seminar Min Byung-deok: "Urgent need for institutionalized strategies" "Launch of 'Digital Won Era' with adoption" Financial authorities plan to propose government bill in October The Democratic Party of Korea is ac

Bank of Korea reiterates concerns over 'Korean won stablecoin'… "It should be issued by banks"

The monetary authority once again emphasized its previous stance that the Korean won stablecoin should be issued within the banking sector. Goh Kyung-chul, head of the Electronic Banking Team at the Bank of Korea, attended the seminar titled 'Korean

Naver Pay: "Stablecoins can't be pursued alone...Industry collaboration is essential"

Naver Pay has indicated the possibility of promoting a consortium-based stablecoin business. Lee Byung-kyu, a director at Naver Pay's Innovation Growth Support Office, stated at the 'Korean won Stablecoin: Opening of the Digital Won Era' seminar held

Rep. Park Min-gyu: "Authorities to Submit Phase 2 Virtual Asset Government Bill in October"

The financial regulatory authorities will propose the government's 'Phase 2 virtual asset legislation' around October this year. Rep. Park Min-gyu of the Democratic Party of Korea attended the 'Won Stablecoin: Opening of the Digital Won Era' seminar

Min Byung-deok: "Korean Won Stablecoin, a Core Issue for Future Financial Hegemony"

Representative Min Byung-deok of the Democratic Party of Korea stated on the 18th, "It is urgent to establish a strategy for the Korean won stablecoin through institutionalization." At the seminar titled 'Korean Won Stablecoin: Opening of the Digital

SharpLink Riding Ethereum ... Expectations Rising Ahead of Q2 Earnings Announcement

SharpLink, Q2 Earnings Call on the 15th First Results Since Financial Strategy Shift Secured $2.84 Billion Worth of Ethereum Share Price Continues to Rise on Earnings Expectations US Nasdaq-listed SharpLink Gaming will announce its second quarter res

Ethereum Eyes Historic $5,000 Mark

In the $4,600 range... Soars 30% in a week Impact of aggressive accumulation by major U.S. investors Market capitalization at $560 billion, surpassing Netflix The price of Ethereum, known as the 'leading altcoin,' has been skyrocketing since last mon

Federal Reserve Bank of Kansas City President: "Current monetary policy stance should be maintained"

Jeffrey Schmid, President of the Federal Reserve Bank of Kansas City, expressed support for keeping interest rates unchanged. According to Bloomberg on the 12th (local time), President Schmid attended an event held in Oklahoma City, U.S., and said th

New Whales Make Massive Ethereum Purchases in Past Week… Totaling $1.34 Billion

It has been found that new whales (large investors) purchased Ethereum (ETH) worth $1.34 billion (approximately ₩1.9 trillion) over the past week. Cointelegraph, citing on-chain analytics firm Lookonchain on the 12th (local time), reported, "New whal

Trump: "Trillions of dollars collected in tariffs... Amazing effects on US stocks, etc."

Donald Trump, President of the United States, has emphasized the impact of his aggressive tariff policies. On the 12th (local time), President Trump stated via his social media, Truth Social, "Trillions of dollars are being collected in tariffs," add

Western Union in the U.S. considering launch of stablecoin…"Seeking opportunities"

It has been confirmed that Western Union, a major U.S. remittance company, is considering launching its own stablecoin. Devin McGranahan, CEO of Western Union, said in an interview with Bloomberg on the 11th (local time), "We are seeking opportunitie

Trump presses Powell again... "Considering large-scale lawsuits"

U.S. President Donald Trump once again pressed Jerome Powell, Chairman of the Federal Reserve. On the 12th (local time), President Trump stated on his social media, Truth Social, "'Too Late' Powell must immediately lower interest rates" and added, "F

'Ethereum Reserve' Bitmine to Raise an Additional $20 Billion

Bitmine, a Bitcoin (BTC) mining company that holds the largest amount of Ethereum (ETH) among listed companies worldwide, will raise a new round of funding amounting to $20 billion (approximately ₩27.8 trillion). According to foreign media such as Co