JOON HYOUNG LEE

[Market Update] Bitcoin Surpasses $115,000… Kimchi Premium at 0.74%

The price of Bitcoin (BTC) has surpassed $115,000. According to cryptocurrency market tracking site CoinMarketCap on the 7th, Bitcoin was trading at $115,042.62 as of 5:21 p.m. This represents an increase of 0.85% from the previous day. The kimchi pr

Coinbase to Impose 0.1% Fee on Tether/USD Swaps

The American cryptocurrency exchange Coinbase will charge a 0.1% fee when converting Tether (USDT) to US dollars. According to foreign media such as Cointelegraph on the 7th (local time), Coinbase will impose a 0.1% fee on Tether-to-USD conversions s

[Analysis] "Bitcoin enters 'air-gap'... Possibility of additional selling pressure"

There is an analysis that the price of Bitcoin (BTC) has entered a low-liquidity 'air-gap' zone. If price increases do not materialize, there is also the view that additional selling pressure may occur. On-chain analytics firm Glassnode stated in its

UK oil company mines Bitcoin with natural gas

A British oil company is starting to mine cryptocurrencies such as Bitcoin (BTC) using natural gas. On the 7th (local time), British energy company Union Jack Oil announced its cryptocurrency mining project using natural gas through an official filin

[Market Update] Bitcoin surpasses $115,000... Kimchi Premium at 0.37%

The price of Bitcoin (BTC) has surpassed $115,000. According to the cryptocurrency market monitoring site CoinMarketCap on the 7th, Bitcoin was trading at $115,262.25 as of 12:01 a.m. This figure is up 2.21% from the previous day. The Kimchi Premium

Institutional Bitcoin Holdings Surpass 3.64 Million...Valued at $428 Billion

The amount of Bitcoin (BTC) held by institutional investors has reached a value of $428 billion (about ₩594 trillion). The Block reported on the 6th (local time), citing Bitcoin Treasury data, that institutional investors purchased approximately 166,

U.S. imposes additional 25% tariff on India… Total tariff rate now 50%

The United States is imposing an additional 25% tariff on India due to its import of Russian oil. According to CNBC and other foreign media on the 6th (local time), U.S. President Donald Trump signed an executive order today imposing an additional 25

U.S. National Economic Council Director: "Fed rate decisions tainted by partisan politics"

Kevin Hassett, Director of the U.S. White House National Economic Council, directly criticized the Fed. According to Bloomberg on the 6th (local time), Director Hassett said in an interview with Fox Business that "looking at the Fed's actions over th

With the SEC's policy shift... US asset manager says '3 areas present investment opportunities'

U.S. asset manager Bitwise has cited Ethereum (ETH), DeFi (DeFi), and others as new investment opportunities. Matt Hougan, Chief Investment Officer (CIO) of Bitwise, stated on the 5th (local time) in a 'CIO Memo' that "Paul Atkins, Chairman of the U.

"OpenAI Discusses Stock Sale... Company Valued at $500 Billion"

ChatGPT developer OpenAI is reportedly in discussions to sell shares pegging the company's value at $500 billion (approximately ₩694 trillion). According to Bloomberg on the 5th (local time), sources said that existing investors such as Thrive Capita

Bitcoin investors realize $1 billion in profits in a single day... Majority are long-term holders

It was found that Bitcoin (BTC) investors realized profits totaling $1 billion (about ₩1.4 trillion) over the past 24 hours. On-chain analytics firm Glassnode announced via its official X account on the 6th that “Bitcoin holders realized over $1 bill

Ethereum's On-Chain Transaction Volume Surpasses $238 Billion in July… Highest Level in Four Years

Last month, Ethereum (ETH) recorded on-chain transaction volume exceeding $238 billion. According to the crypto market insight platform Unfolded on the 6th, Ethereum’s on-chain transaction volume last month was about $238 billion, a 70% increase from

UK SmarterWeb issues 'Bitcoin bond', raises $21 million

UK-listed company SmarterWeb Company issued a 'Bitcoin (BTC) bond', raising $21 million (approximately ₩2.9 billion). According to foreign media outlets including Cointelegraph on the 6th (local time), SmarterWeb Company announced that it had "issued

[Analysis] "Ethereum Selling Pressure Intensifies… Strong Bearish Signal"

It has been analyzed that selling pressure on Ethereum (ETH) is intensifying. maartunn, a contributor to CryptoQuant, stated on the 6th via CryptoQuant that "the current daily 'Net Taker Volume' for Ethereum stands at a negative (-) $418.8 million,"

Laser Digital of Japan obtains Dubai cryptocurrency license… "OTC trading permitted"

Japanese cryptocurrency company Laser Digital has obtained a new cryptocurrency license in Dubai, United Arab Emirates (UAE). According to CoinDesk on the 6th (local time), Laser Digital recently acquired a restricted license in Dubai for providing c

"Investors Bought Bitcoin over the Past 15 Days…Indicates 'Dip-Buying' Behavior"

In the past two weeks, it has been found that Bitcoin (BTC) buying pressure was stronger than selling pressure. On-chain analytics firm Glassnode announced on June 6 (local time) via its official X (formerly Twitter) account, "Both large investors ho

SBI Holdings Applies to Launch XRP and Bitcoin ETF…"Institutional Inflows Expected to Accelerate"

Japanese financial group SBI Holdings will launch spot Exchange Traded Funds (ETFs) based on Bitcoin (BTC) and XRP. According to BeInCrypto on the 6th (local time), SBI Holdings recently revealed, during its second-quarter earnings announcement, that

China issues Worldcoin 'iris recognition' warning… 'Threat to national security'

Chinese security authorities have issued a 'Worldcoin (WLD) alert.' On the 6th (local time), according to CoinDesk, the Ministry of State Security of China (MSS) recently stated via its official social media account that “the misuse of biometric data

Tom Lee: "Bitcoin could surpass $250,000 within this year"

There are predictions that the price of Bitcoin (BTC) could surpass $250,000 this year. According to Cointelegraph on the 6th (local time), Tom Lee, co-founder of Fundstrat and chairman of Bitcoin, stated in a podcast interview on the previous day (5

Altcoin Futures Trading Volume Nears $224 Billion… Highest in Five Months

Altcoin futures trading volume has hit its highest level in five months. Cointelegraph announced via its official X (formerly Twitter) account on the 31st (local time), "Altcoin futures trading volume, including Ethereum (ETH), has reached $223.6 bil

Tether's U.S. Treasury Holdings Surpass $127 Billion, Up $8 Billion in Q2

The U.S. Treasury holdings of the dollar stablecoin issuer Tether (USDT) have surpassed $127 billion (approximately ₩177 trillion 4 billion). Tether announced on the 31st (local time) that, as of the end of the second quarter this year, its holdings

"Eric Trump Holds Stake in Bitcoin Mining Firm Worth $370 Million"

An analysis suggests that the value of Eric Trump's stake in 'American Bitcoin' could reach $370 million (approximately ₩520 billion). According to Bloomberg News on the 31st (local time), Eric Trump's American Bitcoin stake is set to be exchanged fo

99% of Major Company CFOs Say 'Adoption of Cryptocurrency Is Inevitable in the Long Term'

99% of Chief Financial Officers (CFOs) at major companies foresee that adopting cryptocurrency is inevitable in the long term. According to Cointelegraph on the 31st (local time), Deloitte, one of the Big Four global accounting firms, has recently pr

Visa Expands Stablecoin Payments…Supports USDG, PYUSD, EURC

Global payment platform Visa is expanding its stablecoin payment infrastructure. On the 31st (local time), Visa announced it will support payments with PayPal USD (PYUSD), Paxos’s dollar-based stablecoin Global Dollar (USDG), and Circle’s euro-based

Tether-based blockchain 'Stable'… Secures $28 million in seed investment

Stable, a Layer 1 blockchain based on Tether (USDT), has secured $28 million (approximately ₩3.9 billion) in seed investment. According to CoinDesk on the 31st (local time), Stable announced that it had completed the $28 million seed funding round. S

Grayscale launches Story investment product for institutions

U.S.-based cryptocurrency asset management firm Grayscale has introduced a Story (IP)-based investment product. According to CoinDesk on the 31st (local time), Grayscale launched the 'Grayscale Story Trust,' an institutional investment product based

Michael Saylor: "Q2 earnings call, the most important event in Strategy's history"

Michael Saylor, chairman of Strategy, has announced a significant upcoming announcement. On the 31st (local time), Chairman Saylor stated on X, "The Q2 earnings call will be the most important event in Strategy's history," adding, "If you are interes

U.S. New Unemployment Benefit Claims at 218,000—Below Market Expectations

Last week, new unemployment benefit claims in the United States came in below market expectations. The U.S. Department of Labor announced on the 31st (local time) that the number of new unemployment benefit claims for last week was counted at 218,000

US June Core PCE rises 2.8%… Exceeds expectations

The Personal Consumption Expenditures (PCE) price index, a key indicator influencing the United States benchmark interest rate cuts, increased in June to surpass market expectations. The United States Department of Commerce announced that the June PC

U.S. Treasury Secretary: "Foundation Laid for U.S.-China Agreement...Ready to Make a Deal"

Scott Bessent, the U.S. Secretary of the Treasury, suggested the possibility of concluding the U.S.-China trade negotiations. In an interview with U.S. CNBC on the 31st (local time), Secretary Bessent stated, "There are still a few technical details