Son Min

Japanese fashion brand 'ANAP' to purchase 1,000 Bitcoin by August

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 202

"US May CPI May Drive Up Bitcoin"

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

"Virtual assets enter stage of financial innovation…Ethereum's value is rising"

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 (l

Anonymous Whale Opens 20x Long Position on Hyperliquid for Bitcoin

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 h

"Bitcoin, low volatility… Market interest will return only if it breaks out of the range"

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 attract

Avalanche (AVAX) transaction count surges...Impact of MapleStory

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

Last week, $224 million flowed into virtual asset investment products…"Led by Ethereum"

Last week, global virtual asset (cryptocurrency) investment products saw a net inflow of $224 million (₩303.1 billion). On the 9th (local time), CoinShares reported, "Last week, virtual asset investment products recorded a net inflow of $224 million,

Japanese investors buy Metaplanet in large quantities…“A tax-free indirect investment vehicle”

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 Tw

The Blockchain Group to Pursue Paid-In Capital Increase of Approximately $300 Million for Additional Bitcoin Purchases

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

NFT Exchange OpenSea Sees Significant Increase in Monthly Active Users

The monthly active users of the non-fungible token (NFT) exchange OpenSea have seen a significant increase. According to The Block on the 9th (local time), OpenSea's monthly active users last month reached 467,322. This is the highest number since mi

Kakao Pay hits upper price limit...Expectations rise for KRW stablecoin

Amid growing anticipation for the introduction of a KRW-based stablecoin, Kakao Pay has hit the upper price limit. On the 9th (local time) in the KOSPI Market, Kakao Pay closed at ₩49,500, up 29.92% from the previous session. That's an increase of ne

Binance Lists Perpetual Futures for DeFi app (HOME)

Global virtual asset (cryptocurrency) exchange Binance is listing perpetual futures for the DeFi app (HOME). On the 9th (local time), Binance announced on its official website that it will list HOME/USDT perpetual futures at 20:30 (KST) on the 11th.

"High likelihood of Meme Coin Active ETF Launch Next Year"

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

The Digital Asset Basic Act to Be Proposed Tomorrow... Capital Requirement for Stablecoin Issuers Lowered to ₩500 Million

Democratic Party of Korea lawmaker Min Byung-deok is set to propose the Digital Asset Basic Act as the main sponsor on the 10th. According to Min Byung-deok’s office on the 9th (local time), the Digital Asset Basic Act—which complements the existing

Hashed partners with Japan's SMBC Nikko..."Accelerating the expansion of the Asian Web3 ecosystem"

Global blockchain venture capital (VC) Hashed Ventures announced on the 5th that it has secured a strategic investment in the "Hashed Venture Fund III" from SMBC Nikko Securities, a core securities subsidiary of Mitsui Sumitomo Financial Group (SMFG)

"The number of global tokens issued nears 50 million"

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,

US-listed 'Treasure Global' to Build $100 Million Digital Asset Treasury

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 res

Hyperliquid Whale, 40x Long Position Partially Liquidated

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

U.S. May ISM Non-Manufacturing PMI at 49.9…“Below Expectations”

The U.S. ISM Non-Manufacturing Purchasing Managers' Index (PMI) for May came in below expectations. On the 4th (local time), the Institute for Supply Management (ISM) announced in its Non-Manufacturing PMI report that the U.S. PMI for May was 49.9, f

US May Final Services PMI at 53.7…Exceeds Market Expectations

The United States' final Services Purchasing Managers' Index (PMI) for May surpassed market expectations. On the 4th (local time), S&P Global released its PMI report, stating that the final US Services PMI for May came in at 53.7, exceeding the marke

Investment advisor holds 20% of spot Bitcoin ETF

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 r

Bitcoin Whale Engages in Aggressive Accumulation..."Positive Outlook for Price Increase"

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 10,0

Senator Warren: "Stablecoin amendment to be proposed… Trump's family wallet launch is problematic"

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 Republi

US-listed K Wave Media to pursue $500 million capital increase for Bitcoin reserves

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

ADP Nonfarm Payrolls Fall Short of Estimates…Trump Says 'Rates Must Be Cut Immediately'

Former U.S. President Donald Trump mentioned the ADP nonfarm payrolls data and pressed Jerome Powell, Chair of the Fed, for a prompt rate cut. On the 4th (local time), Trump said through Truth Social, "The ADP numbers are out," and added, "'Too Late

Semler Scientific additionally acquires 185 Bitcoin

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

May ADP Non-Farm Employment in United States: 37,000 Cases...Far Below Wall Street Expectations

The May ADP (Automatic Data Processing) non-farm employment index in the United States came in significantly below Wall Street expectations. According to the National Employment Report released by ADP in the United States on the 4th (local time), pri

Bitcoin, Lowered Individual Interest…Sharp Decrease in Search Volume and Volatility

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 $1

"Ethereum, Hitting a New Yearly High Depends on Breaking the 200-Day Moving Average"

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 positi

"Ethereum holds $2,500 support…similar to previous pre-rally movements"

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 ma