Son Min

Japanese fashion brand 'ANAP' is reportedly planning to purchase over 1,000 Bitcoin (BTC) additionally by August. According to Bitcoin Magazine on the 9th (local time), ANAP announced its plan to acquire and hold more than 1,000 Bitcoin by August 2025. Previously, in April, ANAP's parent company ANAP Holdings stated, "Bitcoin's solid structure based on blockchain technology, Proof of Work (PoW), halving, and capped supply mean the supply is limited and resistant to influence from specific countries or institutions," and disclosed that it bought Bitcoin worth ¥200 million. As of 8:40 p.m., Bitcoin is trading at $107,650 on the Binance USDT market, up 1.92% from 24 hours ago.

There is a claim that the US May Consumer Price Index (CPI) could act as a catalyst for a rise in Bitcoin. On the 9th (local time), Dr. Profit, a virtual asset (cryptocurrency) analyst, stated on X (formerly Twitter), "The US May CPI could be in the range of 52.1%~2.3%, falling short of the expected value (2.5%)," and added, "A positive CPI indicator could trigger a bullish momentum for Bitcoin." He further explained, "Currently, Bitcoin is forming a golden cross," and added that "if it holds the $100,000 mark, it could increase by up to 170% further due to macro factors." Meanwhile, the US May CPI is scheduled to be released at 21:30 (KST) on the 11th. As of 8:24 p.m., based on the Binance USDT market, Bitcoin is trading at $107,465, up 1.79% from 24 hours ago.

Virtual assets (cryptocurrencies) are now regarded as assets driving blockchain-based financial innovation, going beyond speculative investments. In particular, Ethereum (ETH) is analyzed to be leading this trend. According to The Block on the 9th (local time), Bernstein stated in a report that "virtual assets are advancing into a stage of blockchain-based financial innovation" and that "the value of public blockchains like Ethereum may increase further." The report explains that Ethereum currently holds the highest market share among sectors such as stablecoins and real-world assets (RWA) that are leading the current cycle. Institutional movements related to blockchain are also considered positive for Ethereum. The report noted that "corporates seeking blockchain-based innovation ultimately adds value to Ethereum," and that "the increase in stablecoin-based payments also boosts the value of the Ethereum network, which issues and processes them." The report added, "Ethereum can now be a network where both practicality and value accumulation exist." Consequently, inflows into spot Ethereum exchange-traded funds (ETFs) are also increasing. According to the report, over the past 20 days, spot Ethereum ETFs have seen inflows of $815 million. As of 8:26 p.m., according to the Binance USDT market, Ethereum is trading at $2,539, up 1.15% compared to 24 hours ago.

It has been revealed that an anonymous whale has opened a 20x long (buy) position on Bitcoin (BTC) at the decentralized derivatives exchange Hyperliquid (HYPE). On the 9th (local time), AmberCN announced on X (formerly Twitter), "An anonymous whale has opened a 20x long position on Bitcoin worth a total of $84,530,000 on Hyperliquid," adding, "The size of the position continues to increase over time." This whale's entry price is $106,767, with a liquidation price of $95,343. As of 7:52 PM, Bitcoin is trading at $107,124 on Binance's USDT market, up 1.64% from 24 hours ago.

There is a claim that market interest in Bitcoin (BTC) will return only if it breaks out of the $100,000–$110,000 price range. On the 9th (local time), QCP Capital stated in its report, "Market fatigue is emerging in an environment lacking an attractive catalyst to drive a bullish rally," adding, "Bitcoin needs to either fall below $100,000 or break above $110,000 to regain market attention." The report noted that current implied volatility of Bitcoin is at a low level. It further explained, "Historical data suggests that over the past two years, Bitcoin's short-term volatility tends to decrease further until July," and "The options market is also showing signs of waning expectations for a short-term rally." As of 7:18 PM, on the Binance USDT market, Bitcoin is trading at $107,384, up 2.18% from 24 hours ago.

There is analysis indicating that the daily transaction count on Avalanche (AVAX) has risen sharply due to the launch of the Web3 game 'MapleStory Universe.' On the 9th (local time), Cointelegraph reported, "In the past week, Avalanche has surpassed 1 million daily transactions twice," noting, "This is the first time since February last year." According to Nansen data, Avalanche’s weekly transaction volume reached 5.8 million last week, the highest weekly volume since early last year. The outlet said, "Before MapleStory was launched, Avalanche’s daily transaction volume only rarely exceeded 500,000," adding, "Web3 games are attracting users to the Avalanche blockchain." Avalanche also stated via X (formerly Twitter), "MapleStory-related transactions exceeded 850,000," calling it "a clear signal of the potential of Web3 games." As of 7:11 PM, on the Binance USDT market, Avalanche was trading at $20.66, up 2.43% compared to 24 hours prior.

Last week, Metaplanet ranked first as the most purchased stock. Metaplanet is recognized as a Bitcoin (BTC) holding company with a strategic approach from Japan. On the 9th (local time), Simon Gerovich, CEO of Metaplanet, announced via X (formerly Twitter), "Last week, Metaplanet was ranked number one as the most purchased stock in SBI’s NISA accounts, the largest online brokerage in Japan." He added, "Japanese investors are making indirect investments in Bitcoin to avoid capital gains tax," and that "the combination of Bitcoin, tax exemption, and leverage is Metaplanet stock." Japan's NISA account system exists as a measure to promote individual investing, offering tax-free benefits. Meanwhile, previously, Metaplanet announced a plan for a Bitcoin-only capital increase worth JPY 770.9 billion (approximately ₩7.27 trillion). Its goal is to acquire 1% of the total issuance of Bitcoin (21 million) by 2027.

French listed blockchain company The Blockchain Group (ALTBG) has reportedly entered into a paid-in capital increase agreement to further stockpile Bitcoin (BTC). On the 9th (local time), The Blockchain Group announced in a press release that it had signed a paid-in capital increase agreement worth €300 million ($340 million) with asset management firm TOBAM. The company further explained, "The aim of this agreement is to increase our Bitcoin holdings," and added, "The capital increase will proceed via an At-The-Market (ATM) issuance." Meanwhile, The Blockchain Group has been consistently accumulating Bitcoin with the goal of securing 1% of the total Bitcoin supply (21 million units) over the next eight years. Previously, on the 3rd, the company made an additional purchase of 624 BTC.

An argument has been made that there is a high likelihood of a meme coin active exchange-traded fund (ETF) being launched next year. On the 9th (local time), Eric Balchunas, Bloomberg ETF analyst, stated on X (formerly Twitter), "It is expected that various crypto active ETFs will be launched by the end of this year," and added, "The launch of a Meme Coin Active ETF is likely to occur next year." He further explained, "The meme coin market is characterized by high volatility in returns and significant information asymmetry, making it a highly suitable asset for active ETFs." He also noted, "The key issue is the criteria for how far meme coins will be permitted," and added, "Dogecoin's Securities Act of 1933 registration application will provide important insights." Meanwhile, in the United States, in order to publicly offer new securities to general investors, the registration process with the United States Securities and Exchange Commission (SEC) under the relevant law must be followed.

It has been revealed that the number of tokens issued and in circulation worldwide is approaching 50 million. On the 4th (local time), Unfolded announced via X (formerly Twitter), "The number of tokens currently in circulation has reached 50 million," adding, "Even if you read one token name per second, it would take 600 days." According to the chart, tokens based on Solana (SOL) account for the majority. This is interpreted as an effect of the launch of the meme coin issuance platform Pump.fun. Meanwhile, the term "token" refers to a type of virtual asset (cryptocurrency) created on existing blockchains, and there are some functional differences between tokens and other virtual assets.

Treasure Global Inc., an e-commerce platform listed on NASDAQ, has announced a digital asset (cryptocurrency) treasury strategy worth $100 million. According to GlobeNewswire on the 4th (local time), Treasure Global Inc. has begun a digital asset reserve strategy valued at $100 million. Depending on future market conditions, the company plans to acquire a variety of digital assets, including Bitcoin (BTC), Ethereum (ETH), and stablecoins. Treasure Global Inc. added, "Through our digital asset strategy, we plan to enhance financial efficiency and establish the foundation of a blockchain-based payment infrastructure."

James Win, known as a whale on the decentralized futures exchange (DEX) Hyperliquid (HYPE), had part of his Bitcoin (BTC) long (buy) position forcibly liquidated. On the 4th (local time), Arkham Intelligence announced via X (formerly Twitter), “James Win is under attack,” and stated, “He just had a $25 million (240BTC) position liquidated.” James Win currently holds a long position of 770BTC ($80.5 million). The liquidation price is reported to be $104,035. Previously, James Win had said on X, “Billions of dollars are flowing in, but the price is falling,” adding, “When I set up a long position, the price drops to my liquidation price due to market manipulation.” As of 11:12 PM, based on Binance USDT market data, Bitcoin is trading at $104,458, down 0.79% from 24 hours ago.

It has been revealed that an investment advisor has ranked first in holdings of spot Bitcoin (BTC) Exchange Traded Funds (ETFs). On the 4th (local time), Eric Balchunas, a Bloomberg ETF analyst, stated on X (formerly Twitter), "According to the 13F report, investment advisors have ranked first among holders of spot Bitcoin ETFs," adding, "They hold about 20% of the total ETF shares." He continued, "If Bitcoin adoption increases further, this share could rise to as much as 35%–40%." As of 10:40 PM, according to the Binance USDT market, Bitcoin is trading at $105,236, up 0.03% from 24 hours ago.

Over the past week, aggressive accumulation of Bitcoin (BTC) by whales has continued, raising opinions that a price increase is likely. On the 4th (local time), The Crypto Basic cited Santiment data, stating, "Recently, wallets holding 10 BTC to 10,000 BTC have been aggressively accumulating Bitcoin," and added, "A total of 79,244 BTC have been stockpiled in just the past week." They further mentioned, "As of the 2nd (local time), the total Bitcoin holdings in those wallets exceeded 13.57 million coins," and commented, "The possibility of a Bitcoin price increase may be rising." As of 10:25 PM, Bitcoin is trading at USD 105,084 on the Binance USDT market, up 0.35% compared to 24 hours ago.

Elizabeth Warren, a U.S. senator known for her anti-crypto stance, has declared that she will block the Trump family's attempt to launch their own wallet. On the 4th (local time), Senator Elizabeth Warren stated via X (formerly Twitter), "The Republican Party has added a preferential clause for crypto asset wallets at the last minute to the stablecoin bill known as GENIUS," and added, "Furthermore, the Trump family is planning to launch a crypto asset wallet." She continued, "I plan to propose an amendment to close the loophole in this clause," emphasizing, "The bill should not pass without fundamental anti-corruption measures." Meanwhile, Eric Trump previously shared on X, "The Trump Group plans to launch an official wallet in partnership with World Liberty Financial (WLFI)."

Nasdaq-listed K Wave Media has announced plans for a $500 million capital increase to accumulate Bitcoin reserves. According to GlobeNewswire on the 4th (local time), K Wave Media stated, "We are pursuing a $500 million capital increase for a Bitcoin treasury strategy and to expand our content business," adding, "A significant portion of the funds raised will be used to purchase Bitcoin." In addition, the company said it "plans to operate Bitcoin Lightning Network nodes and invest in Bitcoin-native infrastructure." Furthermore, K Wave stated, "We are targeting Metaplanet of Korea," and added, "We will accelerate the company's growth through a Bitcoin reserve strategy." Choi Pyeong-ho, Chairman of the Board at K Wave Media, expressed, "Through a strategic Bitcoin reserve, we will create strong and long-term value for shareholders." Ted Kim, Acting CEO of K Wave Media, noted, "Bitcoin offers a foundation for global scalability beyond being merely a store of value," and projected, "This will be a major turning point that will help strengthen our position in the K-pop ecosystem."

Semler Scientific, a medical technology company listed on the NASDAQ, has additionally acquired 185 Bitcoin (BTC). On the 4th (local time), Eric Semmer, Chairman of Semler Scientific, announced on X (formerly Twitter), “Semler Scientific has made an additional purchase of 185 BTC,” and added, “This amounts to approximately $20 million (about ₩27.3 billion).” He further stated, “We have achieved a 26.7% return so far this year.” Currently, Semler Scientific holds 4,449 BTC.

It has been analyzed that individual investors' interest in Bitcoin (BTC) is decreasing as its search volume and volatility decline. On the 4th (local time), CoinDesk stated, "Over the past month, as Bitcoin has moved sideways between $102,000 and $110,000, individual investor interest has fallen," and added, "Bitcoin's Google search ranking has dropped below 25th." CoinDesk contrasted this with "the rally in November last year, when the search ranking increased," and further commented, "This indicates that individual investors' attention and speculative enthusiasm have significantly declined." Additionally, it reported that volatility levels are now very low. The media outlet explained, "Individual investor apathy has also contributed to the low volatility," and noted, "The Bitcoin volatility index (DVOL) hit 40, the lowest point in two years." As of 9:01 PM, based on the Binance USDT market, Bitcoin is trading at $105,000, down 0.27% compared to 24 hours ago.

Analysis suggests that for Ethereum (ETH) to rise, it must break through the resistance zone at $2,680~$2,850. On the 4th (local time), Michaël van de Poppe, a cryptocurrency analyst, stated on X (formerly Twitter), "Ethereum is currently in a position where significant price appreciation is expected," but added, "To reach a new yearly high, Ethereum must break through the resistance range of $2,680~$2,850, where the 200-day simple moving average is located." He also mentioned, "Currently, Ethereum is trading above the key support level ($2,400) on the 6-hour ETH/USD chart." As of 8:51 p.m., Ethereum is trading at $2,628 on the Binance USDT market, up 0.96% over the past 24 hours.

There is a claim that Ethereum (ETH) can continue to rise, holding $2,500 as a support level. On the 4th (local time), crypto analyst Rekt Capital said via X (formerly Twitter), "Ethereum is forming a support at $2,500," adding, "This support line marks the bottom of a range that could see a rise up to $4,000." He further noted, "This is similar to the movement seen during the mid-2021 bull market (green circle on the chart)," and said, "There is a possibility of replicating the previous rally." As of 8:44 p.m., according to Binance USDT market data, Ethereum is trading at $2,628, up 0.86% from 24 hours ago.