JOON HYOUNG LEE

WSJ "Tesla Board Begins Process to Select Musk's Successor as CEO"

The Tesla board is pushing for the ousting of Elon Musk as CEO. The Wall Street Journal (WSJ) reported on the 30th (local time) that "about a month ago, the Tesla board began seriously considering selecting a successor to Elon Musk as CEO," and "the

Metaplanet Establishes US Subsidiary... "Strengthening Bitcoin Reserves"

Japanese Bitcoin (BTC) specialized investment firm Metaplanet is establishing a subsidiary in the United States. This move is to strengthen its Bitcoin-centered financial strategy. Metaplanet announced on its official X account on the 1st that "the b

"40% of Trump's Wealth is in Cryptocurrency... Surged in Recent Months"

An analysis has suggested that about 40% of the wealth of Donald Trump, the President of the United States, is related to cryptocurrency assets. According to BeInCrypto on the 30th (local time), the U.S. nonprofit organization Save Democracy Defend F

[Today's Major Economic and Cryptocurrency Events] US Initial Jobless Claims, etc.

<Today's Major Economic Events> ▶︎1st (Thu): △Korea's April Trade Balance (Korean time 9 AM) △Japan's Interest Rate Decision (Korean time 12 PM, local time 12 PM) △US Initial Jobless Claims (Korean time 9:30 PM, local time 8:30 AM) △US April Manufact

Bloomberg "90% Chance of Solana and Litecoin ETF Approval"

There is an analysis that the US regulatory authorities have a 90% chance of approving Solana (SOL) and Litecoin (LTC) spot Exchange Traded Funds (ETFs) within the year. Eric Balchunas, Bloomberg's senior ETF analyst, stated on the 30th (local time)

US Senate Rejects 'Tariff Blocking Bill'... "Trump Narrowly Wins"

A bill to block President Donald Trump's aggressive tariff policy was rejected in the US Senate. Bloomberg reported on the 1st (local time) that a bill to block the 'tariff bomb' of the Trump administration's second term recorded a 49-49 tie in the U

US and Ukraine Sign Mineral Agreement... 'Russian Invasion' Specified

The United States and Ukraine have signed a 'Mineral Agreement' for the US's participation in Ukraine's reconstruction and joint investment in minerals. The US Treasury Department announced on the 30th (local time) that it had signed an agreement to

Tether Confirms Acquisition of 70% Stake in Adecoagro, Accelerating Business Expansion

Tether (USDT) has acquired a 70% stake in the South American agricultural company Adecoagro. According to CoinDesk on the 1st (local time), Tether recently secured a 70% stake in Adecoagro. Adecoagro is a company with large-scale agricultural product

Solana Policy Institute "Stocks should be registered on blockchain"... Proposal to US SEC

The civic group Solana Policy Institute proposed to US financial authorities that "stocks should be applied to blockchain." According to The Block on the 30th (local time), the Solana Policy Institute submitted a proposal to the US Securities and Exc

US Treasury Forecasts 'Stablecoin Market Cap to Reach $2 Trillion by 2028'

The US Treasury has projected that the market capitalization of stablecoins will expand to $2 trillion by 2028. In a report released on the 30th (local time), the US Treasury stated, "Due to changing market trends, the growth trajectory of stablecoin

"Despite Bitcoin's Rebound to $90,000, It's Too Early to Be Relieved"

Cryptocurrency A to Z Expectations of US Tariff Easing $94,000 in Two Months "Merely a Technical Rebound" Caution Amid Bull Market Bitcoin, which had been in a sideways trend recently, succeeded in rebounding and escaped the early to mid-$80,000 rang

[Weekly Major Economic and Cryptocurrency Schedule] US Q1 GDP and More

<Next Week's Major Economic Schedule> ▶︎28th (Mon): △Speech by European Central Bank (ECB) Vice President (Korean time 22:00, local time 15:00) ▶︎29th (Tue): △US March Job Openings and Labor Turnover Survey (Korean time 23:00, local time 10:00) △US A

[Breaking News] Lee Jae-myung elected as Democratic Party presidential candidate…Highest vote rate in history

[Breaking News] Lee Jae-myung achieves a landslide victory with over 90% of the votes in the Seoul metropolitan area

Binance Alpha adds Haedal Protocol… Listing on the 29th

Global cryptocurrency exchange Binance is adding Haedal Protocol (HAEDAL) to Binance Alpha. On the 27th, Binance announced on its official website, "We are listing Haedal Protocol on Binance Alpha." The listing date is the 29th (local time). Binance

Changyong Lee "Korea's Q1 GDP on the downside... Adjusting the pace of rate cuts"

Changyong Lee, Governor of the Bank of Korea, assessed that the economic growth rate in the first quarter of this year was "within the expected range, but on the downside." Governor Lee held a press conference in Washington, D.C. on the 25th (local t

Over $3 Billion Inflows in a Week... US Bitcoin ETF Hits 5-Month High

This week, it was revealed that over $3 billion (approximately 4.3 trillion KRW) has flowed into the US Bitcoin (BTC) spot Exchange-Traded Fund (ETF). The Block reported on the 26th (local time), citing on-chain analytics platform Sosovalue data, tha

[Market Update] Bitcoin Falls Below $94,000…Kimchi Premium at 0.57%

The price of Bitcoin (BTC) has fallen below $94,000. According to CoinMarketCap, Bitcoin is trading at $93,962.43 as of 2:54 PM on the 27th. This is a decrease of 0.79% compared to the previous day. The Kimchi Premium is in the 0% range. According to

[Today's Global Interest Coins] Ethereum, Kaito, Solana, and Others

According to the top gainer of Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) by the AI-based Web3 search platform Kaito, the top 5 virtual assets that people are most interested in as of the 27th

[Analysis] "Bitcoin Optimism Spreads...Possibility of Reaching $100,000 in 1-2 Weeks"

An analysis has emerged suggesting that the price of Bitcoin (BTC) could reach $100,000 in the next 1-2 weeks. On-chain analysis platform Santiment stated on the 26th (local time) via its official X account that "recently, Bitcoin has shown a rebound

Nike Sued Over Withdrawal from Virtual Asset Business

Nike has been hit with a class-action lawsuit over its withdrawal from the virtual asset business. According to Reuters on the 27th, a class-action lawsuit against Nike was filed in the U.S. Federal Court in Brooklyn, New York, on the 25th (local tim

Arbitrum Exits NVIDIA 'AI Project'

Arbitrum (ARB) is exiting NVIDIA's Artificial Intelligence (AI) project. According to The Block on the 26th (local time), the Arbitrum Foundation recently decided to withdraw from the 'Ignition AI Accelerator' project. The Ignition AI Accelerator is

LoopScale suffers $5.8 million hacking damage… "Loan temporarily suspended"

LoopScale, based on Solana (SOL), has been hacked, resulting in nearly $6 million in funds being stolen. On the 26th (local time), LoopScale announced through its official X account that "the token pricing function was manipulated, resulting in the l

TON Foundation Appoints 'MoonPay' Co-Founder as New CEO

TON Foundation, the issuer of Toncoin (TON), has appointed the co-founder of the cryptocurrency payment startup MoonPay as its new Chief Executive Officer (CEO). According to CoinDesk on the 24th (local time), TON Foundation has appointed Maximilian

"Ethereum Long-term Investors Make Large Purchases Over Two Days... Largest in Seven Years"

It has been revealed that long-term investors in Ethereum (ETH) have recently made large additional purchases of Ethereum. An Onchain School CryptoQuant contributor stated on the 24th, "Funds are rapidly flowing into wallets with no history of sellin

US SEC Discusses 'Token Securities' with Ondo Finance

The U.S. Securities and Exchange Commission (SEC) Virtual Asset Task Force (TF) held discussions with Ondo Finance (ONDO) regarding token securities (STO). On the 24th (local time), the SEC announced on its official website, "The Virtual Asset TF hel

Cleveland Fed Mentions 'June Rate Cut'... "Convincing Data Needed"

Beth Hammack, President of the Cleveland Federal Reserve Bank, mentioned the possibility of a rate cut in June. In an interview with US CNBC on the 24th (local time), President Hammack said, "If convincing data emerges by this June, the Federal Reser

US March Existing Home Sales 4.02 Million... Down 5.9% from Previous Month

Last month, the number of existing home sales in the United States decreased by 5.9% compared to the previous month. The National Association of Realtors (NAR) announced on the 24th (local time) that the existing home sales in the US last month were

'Sui Mastercard' Launches... Collaboration with Xmoney and Xportal

A Mastercard supporting Sui (SUI) payments is being launched. On the 24th (local time), Sui announced through its official X account that it is launching a virtual Mastercard in partnership with Xportal and Xmoney, stating that "(the card) supports T

"ETFs are buying Bitcoin on a large scale... 25,000 units purchased in just 3 days"

Global asset management companies have reportedly purchased about 25,000 Bitcoins (BTC) through Exchange Traded Funds (ETFs) over the past three days. Eric Balchunas, Senior ETF Analyst at Bloomberg, stated on X on the 24th, "ETFs are buying Bitcoin