Son Min

24-hour futures liquidations record $244.07 million

Over the past 24 hours, the position liquidation amount in the virtual assets perpetual futures market was $244.07 million. According to Coinglass data on the 3rd (local time), a total of $244.07 million in futures positions were liquidated in the vi

"Dogecoin whales show no significant activity"

Analysts say Dogecoin (DOGE) whales are not showing significant activity. On the 3rd (local time), virtual asset (cryptocurrency) analyst Ali Martinez said on X (formerly Twitter), "Recently, Dogecoin whales have not shown clear buying·activity," add

Whale investors accumulate 1.25 million Chainlink over past two days

Over the past two days, whales have accumulated 1.25 million Chainlink (LINK). On the 2nd (local time), virtual asset (cryptocurrency) analyst Ali Martinez said on X (formerly Twitter), "Over the past 48 hours, whales sold 1.25 million Chainlink," ad

Binance Lists Somnia (SOMI) Perpetual Futures

Global virtual asset (cryptocurrency) exchange Binance will list Somnia (SOMI) perpetual futures. On the 2nd (local time), Binance said on its official website, "Today at 23:30 (KST) Somnia perpetual futures will be listed." Up to 50x leverage is sup

US-listed Propan to stockpile USD 100 million worth of Ethereum over one year

Propan Biopharma, listed on Nasdaq, announced plans to stockpile USD 100 million worth of Ethereum (ETH). On the 2nd (local time), according to GlobeNewswire, Propan said in a press release, "It plans to stockpile USD 100 million worth of Ethereum ov

Bitcoin recovers to $110,000

Bitcoin (BTC) has recovered to $110,000. As of 10:41 PM, on the Binance USDT market, Bitcoin is trading at $110,288, up 0.96% from 24 hours earlier.

U.S.-listed Tron buys additional 312 million TRX

Nasdaq-listed Tron (Tron Inc.) has reportedly purchased an additional 312 million TRX. On the 2nd (local time), according to GlobeNewswire, Tron said in a press release, "Through the exercise of Brave Morning's warrants (stock purchase rights), it pu

Hong Kong-listed 'Yuanfeng Financial' secures 10,000 Ethereum

Hong Kong-listed Yuanfeng Financial has reportedly stocked 10,000 Ethereum (ETH). On the 2nd (local time), Yuanfeng Financial said in a press release, "Using the company's cash holdings, we secured 10,000 ETH," adding, "this is worth about $44 millio

Bitcoin hashrate surpasses 1 zettahash… "first in history"

Bitcoin (BTC) hashrate has surpassed 1 zettahash (ZH/s) for the first time in history. 1 zettahash is 1000 exahashes (EH/s). On the 2nd (local time), CoinDesk reported, "Bitcoin hashrate has surpassed 1 zettahash (ZH/s) on a 7-day moving average for

Bitcoin falls below $109,000

Bitcoin (BTC) fell below $109,000. As of 9:44 PM on the Binance USDT market, Bitcoin is trading at $108,705, down 0.27% from 24 hours earlier.

US-listed SharpLink Gaming buys additional 39,008 Ethereum

Nasdaq-listed online technology company SharpLink Gaming has reportedly purchased an additional 39,008 Ethereum (ETH). On the 2nd (local time), SharpLink Gaming said on X (formerly Twitter), "We bought an additional 39,008 ETH" and "The average purch

Strategy buys an additional 4,048 Bitcoin…worth approximately 627.1 billion won

Strategy appears to have purchased an additional 4,048 Bitcoin (BTC). It is approximately 627.1 billion won. On the 2nd (local time), Strategy posted on X (formerly Twitter), "We purchased an additional 4048 BTC ($449.3 million)," adding, "The purcha

U.S. Ethereum spot ETF sees $10 billion inflows in two months

Over the past two months, about $10 billion (about 14 trillion won) has flowed into U.S. Ethereum (ETH) spot exchange-traded funds (ETFs). On the 2nd (local time), Unfolded said on X (formerly Twitter), "Since July, about $10 billion has flowed into

U.S.-listed Sequans buys 34 more Bitcoin

Sequans Communications, a Nasdaq-listed developer of 5G and 4G IoT semiconductors and modules, has reportedly purchased an additional 34 Bitcoins (BTC). On the 2nd (local time), Sequans said on its website, "Purchased an additional 34 BTC ($3.8 milli

Citibank "Digital assets and AI technology will drive the payments market"

An analysis found that digital assets (cryptocurrencies) and artificial intelligence (AI) technology will drive major changes in the global payments market. On the 2nd (local time), according to CoinDesk, Citibank said in a report that "by 2030 token

StarkNet halts block production again…"Taking action"

The ZK rollup-based Ethereum (ETH) Layer 2 network StarkNet (STRK) has reportedly experienced another block production halt. On the 2nd (local time), StarkNet said on X (formerly Twitter), "Another block production halt is occurring," and said, "We a

Venus "Damage caused by user hacking, not a protocol issue"

The BNB Chain-based cryptocurrency lending protocol Venus (XVS) said it was not a protocol hack. On the 2nd (local time), Venus said on X (formerly Twitter), "The protocol was not hacked," and "The smart contract is safe." It added, "A specific user

Crypto.com launches sports prediction market in 16 U.S. states

Crypto.com said it will offer a sports prediction market service in 16 U.S. states. On the 2nd (local time), CNBC reported that Crypto.com said it would launch a sports prediction market platform in 16 U.S. states with sports game company Underdog. J

Taiko joins 'The Moon Party Seoul'…"Providing blockchain-cultural fusion experiences"

Taiko(TAIKO), an Ethereum scaling rollup project, announced on the 2nd that it will join the luxury cultural event 'The Moon Party Seoul (The Moon Party Seoul, hereafter Moon Party)' to be held on September 4 at the Grand Hyatt Seoul. This Moon Party

Lee Eok-won, nominee for Financial Services Commission chair: "Saying virtual assets have no intrinsic value is a misunderstanding"

Lee Eok-won, the nominee for Financial Services Commission chair, said that the position that virtual assets (cryptocurrency) have no intrinsic value is somewhat distorted. At the parliamentary confirmation hearing on the 2nd, in response to criticis

24-hour futures liquidation amount records 374.94 million dollars

Over the past 24 hours, position liquidations in the virtual assets (cryptocurrencies) perpetual futures market amounted to 374.94 million dollars. According to CoinGlass data on the 2nd (local time), a total of 337.94 million dollars worth of future

Whale investors sold 30 million Cardano last week

Last week, whales were reported to have sold 30 million Cardano (ADA). On the 2nd (local time), crypto analyst Ali Martinez said on X (formerly Twitter), "Last week, whales sold 30 million Cardano." This amounts to $24.68 million (approximately 34.4

Dividend yield said to be 160%… Coin ETF down 40%

Cryptocurrency-related exchange-traded funds (ETFs) with annual dividend yields exceeding 100% have emerged one after another. It was found that Korean retail investors have been buying them intensively. On the 2nd, according to data from the Korea S

Hyperliquid August revenue reaches record high

Decentralized futures exchange Hyperliquid (HYPE)'s monthly revenue has reached a record high. On the 2nd (local time), The Block reported, "Last month Hyperliquid's monthly revenue reached $106 million, up 23% from the previous month ($86.6 million)

"Bitcoin exchange-traded products hold 7% of supply"

Global Bitcoin (BTC) exchange-traded products (ETPs) are reported to hold an amount equal to 7% of the supply. On the 2nd (local time), Cointelegraph reported that Bitcoin ETPs currently hold more than 1.47 million BTC. This is about 7% of Bitcoin's

Nakamoto CEO: "If the 'whales' selling large amounts of Bitcoin disappear, it will reach $150,000"

David Bailey, CEO of Nakamoto, a Bitcoin (BTC) finance company, hinted that BTC could soon reach $150,000. On the 2nd (local time), David Bailey, Nakamoto CEO, said on X (formerly Twitter), "The reason Bitcoin isn't reaching $150,000 is because of tw

Long-term Bitcoin holders sell… volatility ↑

Bitcoin (BTC) long-term holders are increasing selling pressure in the market. On the 2nd (local time), CoinDesk reported, "Long-term Bitcoin holders have continued selling in recent weeks," and "On August 29 (local time), they sold 97,000 BTC (about

Whale investors accumulate 260,000 Ethereum

Whale investors have stockpiled 260,000 Ethereum (ETH) over the past two weeks. On the 2nd (local time), Ali Martinez, a virtual asset (cryptocurrency) analyst, said on X(formerly Twitter), "In the past 24 hours, whales bought 260,000 Ethereum." This

Justin Sun "World Liberty, the best project... no plans to sell for the time being"

Justin Sun, founder of Tron (TRX), said the Trump family's decentralized finance (DeFi) project would be the best. On the 1st (local time), Justin Sun wrote on X (formerly Twitter), "World Liberty Financial will be the largest and most important proj

U.S. M2 Money Supply Reaches Record High

The U.S. M2 (broad money supply including cash and deposits) has been reported to have reached an all-time high. On the 1st (local time), Whale Insider said on X (formerly Twitter), "The U.S. M2 money supply recorded 22.12 trillion dollars," stating