JOON HYOUNG LEE

[Today's Major Economic and Cryptocurrency Schedule] US April New Home Sales, etc.

<Today's Major Economic Schedule> ▶23rd (Fri): △US April Building Permits (Korean time 23rd 21:30 / Local time 08:30) △US April New Home Sales (Korean time 23rd 23:00 / Local time 10:00) △Speech by Lisa Cook, Federal Reserve Board Member (Korean time

US CFTC Commissioner "Cryptocurrency Perpetual Futures to be Approved Soon"

The US Commodity Futures Trading Commission (CFTC) has stated that "cryptocurrency perpetual futures contracts will be approved soon." Summer Mersinger, a CFTC Commissioner, said in an interview with Bloomberg TV on the 22nd (local time), "Several ap

US Ethereum ETF Sees $110 Million Inflow Yesterday, Largest in Three Months

The US Ethereum (ETH) spot Exchange Traded Fund (ETF) has recorded its largest daily inflow in about three months. According to TraderT on the 23rd (local time), the US Ethereum ETF saw a net inflow of $110.55 million (approximately 152 billion KRW)

US Bitcoin ETF Sees $930 Million Inflow, Largest in Four Months

The US Bitcoin (BTC) spot Exchange Traded Fund (ETF) has recorded its largest daily inflow in four months. According to TraderT on the 23rd (local time), the US Bitcoin ETF saw a net inflow of $934.21 million (approximately 1.3 trillion KRW) on the p

WSJ "Citi, JPMorgan Consider Joint Stablecoin Issuance"

Global investment banks (IB) such as JPMorgan and Citigroup are reportedly considering the joint issuance of stablecoins. The Wall Street Journal (WSJ) reported on the 22nd (local time) that "major U.S. banks are considering issuing joint stablecoins

[Analysis] "Bitcoin Holding Period Decreasing... Potential for New All-Time High This Week"

There is speculation that the price of Bitcoin (BTC) could reach a new all-time high this week. On-chain analysis platform Santiment stated on its official X account on the 23rd (local time), "Bitcoin's new all-time high (ATH) is approximately $111,9

Cryptocurrency 'Fear & Greed Index' Jumps 6 Points in One Day…Enters 'Extreme Greed'

The cryptocurrency Fear & Greed Index has entered the 'Extreme Greed' stage. According to the cryptocurrency data analysis firm Alternative on the 23rd, the Fear & Greed Index, estimated by Alternative, recorded 78 as of this day. This is a 6-point i

[Analysis] "Increase in 'Long Positions' in Derivatives Market... Rising Expectations"

It has been observed that more investors are betting on the rise of Bitcoin (BTC) prices in the cryptocurrency derivatives market. A contributor to CryptoQuant, a crypto on-chain analysis platform, stated on the 23rd through CryptoQuant that "the ope

US Democrats Push to Amend Genius Act... Targeting Trump Family

The US Democratic Party is adding anti-corruption provisions to the Genius Act (Stablecoin Act), which recently passed the first hurdle in the US Senate. According to Cointelegraph on the 22nd (local time), the Democrats plan to introduce an amendmen

[Analysis] "Bitcoin Momentum Solid... Risks Include 'Strong Dollar and Geopolitical Tensions'"

An analysis has emerged suggesting that the macroeconomic environment is favorable for the potential rise in Bitcoin (BTC) prices. Ryan Lee, Chief Analyst at Bitget, stated to Bloomingbit on the 23rd that "Bitcoin surpassing its new all-time high of

US SEC Delays Approval of 'XRP ETF'... 'TRON ETF' Application Accepted

The United States Securities and Exchange Commission (SEC) has reportedly delayed the approval of some altcoin exchange-traded funds (ETFs), including Ripple (XRP). James Seyffart, a Bloomberg ETF analyst, stated on the 23rd (local time) via X that "

[Analysis] Despite Bitcoin's Record High... "No Investment Overheating Yet"

Bitcoin (BTC) price hit a record high on the 22nd, but analysis suggests there are no signs of investment overheating yet. CryptoQuant contributor Cryptodan stated on the 22nd through CryptoQuant, "'Funding rate' is an indicator to judge whether the

[Analysis] "Institutional Demand Drives Bitcoin Rally... Bullish Trend to Continue"

An analysis has emerged that large investors, including institutions, have recently led the Bitcoin (BTC) rally. Jeff Mei, Chief Operating Officer (COO) of the global cryptocurrency exchange BTSE, told CoinDesk on the 22nd (local time) that "large in

[Today's Global Trending Coins] Bitcoin, Cookie DAO, Kaito, and Others

According to the Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) top gainers of the AI-based Web3 search platform Kaito, as of the 22nd, the top 5 virtual assets attracting the most interest are Bit

Synthetix's Acquisition of 'dYdX' Falls Through…"Community Opposition"

The acquisition of the cryptocurrency options exchange dYdX by the decentralized finance (DeFi) platform Synthetix (SNX) has fallen through. According to Cointelegraph on the 22nd (local time), Synthetix recently withdrew its intention to acquire dYd

US Ethereum ETF Sees $600,000 Net Inflow Yesterday, Continuing for 4 Trading Days

The US Ethereum (ETH) spot Exchange-Traded Fund (ETF) has recorded net inflows for four consecutive trading days. According to Farside Investor on the 22nd (local time), the US Ethereum ETF saw a net inflow of $600,000 yesterday. This marks four cons

[Market Update] Bitcoin Surpasses $111,000...Kimchi Premium at 0.56%

Bitcoin (BTC) price has surpassed $111,000. According to the virtual asset market broadcast site CoinMarketCap on the 22nd, Bitcoin is trading at $111,473.03 as of 1:11 PM, up 4.23% from the previous day. Bitcoin hit a new all-time high for the first

Bitcoin Surpasses $110,000... "Possibility of Reaching $160,000 in Q4"

There is speculation that the price of Bitcoin (BTC) could surpass $160,000 within this year. Edward Carroll, head of global markets and corporate finance at MHC Digital Group, stated on the 22nd (local time) to Cointelegraph, "With the increasing de

US Bitcoin ETF Sees $610 Million Inflow the Previous Day... 6 Consecutive Trading Days

The US Bitcoin (BTC) spot Exchange-Traded Fund (ETF) has recorded net inflows for six consecutive trading days. On the 22nd (local time), according to Trader T, the US Bitcoin ETF saw a net inflow of $614.28 million (approximately 850 billion KRW) th

BlackRock 'Bitcoin ETF' Sees $540 Million Inflow, Hits 4-Month High

Global virtual asset management firm BlackRock's Bitcoin (BTC) spot exchange-traded fund (ETF) saw its largest single-day inflow in four months. On the 22nd (local time), according to Trader T, BlackRock's IBIT recorded a net inflow of $537.74 millio

[Analysis] "Binance Open Interest Surges... Signal of 'Bullish Momentum' Recovery"

An analysis has emerged that the open interest (OI) on the global cryptocurrency exchange Binance is surging. Darkpost, a contributor to CryptoQuant, stated on the 22nd through CryptoQuant, "Binance's open interest is surging," and "this is a signal

[Today's Major Economic and Cryptocurrency Schedule] US Initial Jobless Claims and More

<Today's Major Economic Schedule> ▶22nd (Thu): △US Weekly Initial Jobless Claims (Korean time 22nd 21:30 / Local time 08:30) △US May S&P Global Manufacturing PMI Flash (Korean time 22nd 22:45 / Local time 09:45) △US May S&P Global Services PMI Flash

"BlackRock IBIT, Potential to Break Record High Trading Volume Today"

An analysis suggests that the trading volume of BlackRock's Bitcoin (BTC) spot Exchange-Traded Fund (ETF) could break its record high. Eric Balchunas, Bloomberg's senior ETF analyst, stated on the 22nd via X that "(BlackRock) IBIT is expected to reco

Bitcoin Surpasses $110,000, Sets New All-Time High

The price of Bitcoin (BTC) has surpassed $110,000. According to CoinMarketCap, a virtual asset market tracking site, Bitcoin's price exceeded $110,000 at around 8:25 AM KST on the 22nd. This is the first time Bitcoin's price has surpassed $110,000. P

US Senator Plans Protest at 'OfficialTrump Dinner' Venue

A protest is scheduled to coincide with the 'OfficialTrump (TRUMP) Dinner' at a golf course owned by President Donald Trump. Some US Democratic lawmakers also plan to attend the protest. According to CoinDesk on the 22nd (local time), US Democratic S

[Analysis] "FOMO Occurs Before the Rise... Bitcoin Could Surpass $110,000"

There is speculation that Bitcoin's price could soon surpass $110,000. On-chain analysis platform Santiment stated on its official X account on the 22nd, "As is often the case in the crypto market driven by speculative sentiment, FOMO (Fear of Missin

Trump Family's World Liberty Financial Acquires BuildOn; Price Soars 250%

The cryptocurrency project World Liberty Financial (WLFI) of the Trump family has acquired BuildOn (B). On the 22nd, WLFI announced on its official X account that it had purchased some BuildOn tokens to support the BuildOn team. WLFI did not disclose

Bloomberg: 'Genius Act' Behind Bitcoin's All-Time High Breakthrough, Optimism Grows

Bloomberg identified the 'Genius Act', a U.S. stablecoin bill, as the reason behind Bitcoin (BTC) temporarily surpassing its all-time high. Bloomberg reported on the 21st (local time) that "Bitcoin once hit an all-time high," attributing it to the pr

Democratic Party: "Stablecoins Can Overcome 'Exchange Rate Risk'"

Democratic Party 'Stablecoin Forum' "Contributing to Reducing Corporate Uncertainty" Criticism of Candidate Lee Jun-seok's Remarks Continues "Revealing Ignorance of Virtual Assets is Regrettable" The Democratic Party has stated that stablecoins based

Democratic Party Criticizes Lee Jun-seok's Remarks on Stablecoins

The Democratic Party of Korea has been continuously criticizing Lee Jun-seok, the Reform New Party presidential candidate, for his remarks on stablecoins. Min Byung-deok, a member of the Democratic Party, attended the 'Democratic Party Digital Asset