Son Min

Number of Active Stablecoin Addresses Hits All-Time High

Last May, the number of active stablecoin addresses reached an all-time high. On the 2nd (local time), WooBlockchain announced on X (formerly Twitter) that "the number of active stablecoin addresses in May reached 33.1 million," adding that "this is

Strategy Buys Additional 705 Bitcoin… Worth About ₩103.4 Billion

Strategy has reportedly purchased an additional 705 Bitcoin (BTC). The amount is worth about ₩103.4 billion. On the 2nd (local time), Michael Saylor, the founder of Strategy, stated on X, "Strategy has acquired an additional 705 BTC ($75.1 million)"

"Bitcoin Shows Stronger Correlation With Japanese Long-Term Bond Yields Than With US Stocks"

There are claims that the price movement of Bitcoin (BTC) shows a stronger correlation with Japanese 30-year government bond yields than with risk assets like the NASDAQ. On the 2nd (local time), global market analyst Weston Nakamura stated on X (for

"Ethereum: Positive Outlook for June"

Analysis suggests that the June price outlook for Ethereum (ETH) is positive. On the 2nd (local time), AMB Crypto stated, "Last May, Ethereum rose by about 40%, showing strong performance," and added, "Considering the ETH/BTC ratio, the price indicat

Rosselkhozbank considers using virtual assets for grain trade payments

Rosselkhozbank is reportedly considering introducing virtual asset (cryptocurrency) payments in grain trading. According to Bitcoin.com on the 2nd (local time), Irina Zhachkina, First Deputy Chairperson of Rosselkhozbank, said at the Grain Forum, "We

A large amount of Solana transferred to Binance…worth ₩607.4 billion

A large amount of Solana (SOL) has been deposited to Binance. On the 2nd (local time), Whale Alert announced on X that "2,866,265 SOL were transferred from an anonymous wallet to Binance," adding, "This amounts to $441,410,000 (approximately ₩607.4 b

Bitcoin Google Search Index Records 17 Points… "Interest Remains Low"

Retail investor interest in Bitcoin (BTC) remains at a low level. On the 2nd (local time), Alfractal stated on X (formerly Twitter), "Bitcoin's Google Search Index is currently at 17 points," adding, "Despite Bitcoin surpassing $100,000, this shows t

Increase in Profit-Taking Activity Among Bitcoin Investors

Analysis shows that Bitcoin (BTC) investors have become more active in taking profits. On the 2nd (local time), Glassnode announced via X (formerly Twitter), "According to investor behavior data, the buying momentum among investors slowed around the

Democratic Party "Bank of Korea-centered supervision of KRW stablecoins is inappropriate… Should be left to the private sector"

Chang Yong Rhee, Governor of the Bank of Korea, has emphasized the need for governmental management and supervision of KRW stablecoins. Meanwhile, the Digital Asset Committee of the Democratic Party of Korea expressed concerns about a central-bank-le

"Despite Tariff Uncertainty...Bitcoin's Short-term Volatility Expected to Remain Low"

Despite the risk-off sentiment brought about by tariff uncertainty, an analysis has been released suggesting that Bitcoin (BTC)'s short-term volatility will remain low. On the 2nd (local time), QCP Capital stated in a report, "With the United States

Last week's global crypto asset investment products see net inflow of $286 million

Last week, global crypto asset (cryptocurrency) investment products saw an inflow of $286 million, marking a net inflow streak for the seventh consecutive week. On the 2nd (local time), CoinShares announced in a report, "Last week, there was an inflo

'Rest Declaration': Haiperikwideu Whale Opens Bitcoin Long Position Within 2 Hours

James Wynne, known as a whale on the decentralized futures exchange (DEX) Haiperikwideu (HYPE), has established a 40x leveraged Bitcoin (BTC) long position. On the 2nd (local time), crypto asset (cryptocurrency) analyst ai_9684xtpa stated on X (forme

Bitcoin Forms Bear Flag…Possible Correction to $97,000

Bitcoin (BTC) is forming a bear flag pattern, and analysts say it could drop to $97,000. On the 2nd (local time), Cointelegraph stated, “Bitcoin’s 4-hour chart is forming a bear flag pattern,” adding, “If the $104,800 support level does not hold, it

'ForceBridge', Suspected $3 Million Hacking Incident

A hacking incident has been reported on ForceBridge, the cross-chain bridge of Nervos Network (CKB). On the 2nd (local time), cybersecurity company Cyber Alert announced via X (formerly Twitter), "A suspicious transaction related to Nervos Network ha

"Bitcoin's Upward Momentum Has Faltered... Patience Is Needed"

Swissblock, a cryptocurrency data analytics firm, stated on X (formerly Twitter) that Bitcoin's (BTC) upward trend has stalled, and investors need to exercise patience. On the 2nd (local time), Swissblock revealed, "Bitcoin failed to break through th

UK-listed IG Group launches spot cryptocurrency trading service for retail investors

Investment information company IG Group, which is listed in the United Kingdom, has launched a spot cryptocurrency trading service for retail investors. According to Cointelegraph on the 2nd (local time), IG Group announced in an official statement,

Decentralized exchange spot trading market share nears 25%, hits all-time high

In May, decentralized exchanges (DEX) accounted for 25% of the total spot cryptocurrency trading volume, reaching a record high. According to The Block on the 2nd (local time), decentralized exchanges took up 25% of the total spot trading volume in t

"Bitcoin, Weak in June"...Cautious Outlook Emerges

An analysis has emerged suggesting that the upward trend of Bitcoin (BTC) is likely to weaken in June. On the 2nd (local time), Matrixport stated in a report, "Historically, June has been a disappointing month in terms of performance," and "Bitcoin's

Virtual Asset 24-hour Futures Liquidations Near $155.44 Million

In the past 24 hours, the scale of liquidated positions in the virtual asset (cryptocurrency) perpetual futures market reached $155.44 million. According to Coinglass on the 2nd (local time), a total of $155.44 million worth of futures positions were

Hyperliquid whale "$100 million liquidated… I'll take a break from derivatives trading"

James Win, known as a Hyperliquid (HYPE) whale on the decentralized futures exchange (DEX), announced that he is temporarily suspending perpetual futures trading. On the 2nd (local time), James Win posted on X (formerly Twitter), saying, "I've decide

"The Altcoin Bull Market Hasn't Arrived Yet"

A claim has been made that the altcoin bull market has not arrived yet. On the 2nd (local time), a CryptoQuant analyst called Crypto Dan stated on X (formerly Twitter), "The altcoin season still hasn't come during this bull cycle," adding, "In the la

Monetary Authority of Singapore orders unlicensed virtual asset companies to halt overseas services

The Monetary Authority of Singapore (MAS) has reportedly ordered local companies without a Digital Token Service Provider (DTSP) license to suspend certain services. On the 2nd (local time), the MAS announced on its official website, "Local virtual a

"Sui Could Reach All-Time High Again"

An analysis suggests that Sui (SUI) could reach its all-time high (ATH) again. According to Cointelegraph on the 29th (local time), NebraskanGooner, a cryptocurrency analyst, stated, "Sui has recovered the GoonerEMA support line on the weekly chart,"

Hyperliquid Whale Loses Most of Its Profits

James Wynn, known as a whale on the decentralized futures exchange (DEX) Hyperliquid (HYPE), has reportedly lost most of the profits he gained over the past 70 days. On the 28th (local time), Lookonchain revealed on X (formerly Twitter) that "James W

US Department of Labor Withdraws Guidance to Refrain from Including Virtual Assets in Retirement Plans

The US Department of Labor has reportedly withdrawn its guidance on virtual assets (cryptocurrencies) for 401(k) plans. Previously, the Department had advised trustees to refrain from including virtual assets in the 401(k) retirement plan. On the 28t

K33 to Stockpile Bitcoin…Approximately 8.5 Billion KRW

Swedish cryptocurrency broker K33 has raised 60 million kronor (approximately 8.5 billion KRW) for strategic Bitcoin (BTC) reserves. On the 28th (local time), K33 announced on its official website, "We have raised 60 million kronor for our Bitcoin fi

NFT Sales Rise for the First Time This Year, Raising Hopes for a Rebound

The non-fungible token (NFT) market, which has been on a continuous decline this year, is showing signs of a rebound. On the 28th (local time), Cointelegraph reported, "NFT sales in May reached $430 million, a 15% increase from the previous month," a

Stablecoin Trading Platform Conduit Raises $36 Million

The stablecoin trading platform Conduit has reportedly raised $36 million in a Series A funding round. According to Fortune Crypto on the 28th (local time), Conduit announced that it raised $36 million in a Series A funding round. The round was led b

"US House to Announce Revised Version of Virtual Asset Market Structure Bill"

The US House leadership is set to announce a revised version of the virtual asset market structure bill today. On the 28th (local time), Crypto in America cited informed sources stating, "The US House is expected to announce the latest amendment to t

SEC Begins Official Review of XRP Spot ETF, Raising Expectations on Polymarket

The U.S. Securities and Exchange Commission (SEC) has begun the official review of the XRP spot Exchange-Traded Fund (ETF), and expectations have risen on the decentralized prediction platform Polymarket. According to Polymarket on the 28th (local ti