Son Min

"Bitcoin Selling Pressure Decreases…Potential for Supply Shock"

It has been observed that the selling pressure of Bitcoin (BTC) on cryptocurrency exchanges has significantly decreased. On the 1st (local time), Axel Adler Jr., a contributor to CryptoQuant, stated on X, "The average selling pressure of Bitcoin on m

"Bitcoin Likely to Surge Further... Shows Two Surge Patterns in Previous Bull Markets"

An analysis has emerged suggesting that Bitcoin (BTC) still has ample room for growth. It is explained that since there have been an average of two rallies in previous Bitcoin bull markets, the possibility of further surges remains. On the 1st (local

"Stocks Related to Virtual Assets Are Highly Volatile... Possibility of Sharp Decline in Economic Crisis"

As the virtual asset (cryptocurrency) market shows weakness, there is an opinion that investment in stocks related to virtual assets should be approached with caution. On the 31st (local time), Owen Lau, an Oppenheimer analyst, stated in an interview

"Circle to Push for IPO… Official Filing Expected by End of April"

Circle, the issuer of the stablecoin USD Coin (USDC), is reportedly pushing for an initial public offering (IPO). On the 31st (local time), Fortune reported, "Circle has selected JPMorgan Chase and Citigroup as lead underwriters to push for an IPO,"

[Analysis] "XRP may experience long-term weakness... Could fall to $0.87 if past patterns emerge"

An analysis suggests that XRP could significantly decline considering on-chain indicators. On the 31st (local time), Cointelegraph stated, "XRP's Net Unrealized Profit/Loss (NUPL) data indicates that XRP could significantly decline in the coming week

Large Amount of Ethereum Transferred to Binance… Worth 113.1 Billion KRW

A large amount of Ethereum (ETH) has been deposited into Binance. On the 31st (local time), Whale Alert reported on X that "42,363 ETH were transferred from an anonymous wallet to Binance," stating that "this amounts to 76.69 million USD (approximate

"Short-term Bitcoin Holders' Share Less Than Previous Bull Markets"

An analysis has emerged that the share of Bitcoin (BTC) held by short-term holders is less than in previous bull markets. On the 31st (local time), Glassnode stated on X, "Currently, short-term holders own 40% of the Bitcoin supply," adding, "This is

"Solana Futures ETF First Week Trading Volume at General ETF Level"

The performance of the Solana (SOL) Futures Exchange Traded Fund (ETF) has been evaluated as being at the level of a general ETF. On the 31st (local time), Eric Balchunas, a Bloomberg ETF analyst, stated on X, "The Solana Futures ETF did not show sig

Binance Lists Perpetual Futures for GUN

Global cryptocurrency exchange Binance is listing perpetual futures for GUN. On the 31st (local time), Binance announced on its official website, "Binance will list GUN/USDT perpetual futures at 22:00 (KST)." It supports up to 75x leverage.

Strategy Purchases Additional 22,048 Bitcoins Worth 2.8316 Trillion Won

It has been revealed that Strategy has purchased an additional 22,048 Bitcoins (BTC). On the 31st (local time), Michael Saylor, the founder of Strategy, announced on X, "Strategy has purchased an additional 22,048 BTC for $1.92 billion," stating that

"Surge in Large Transactions on The Open Network (TON)"

It has been observed that there is a surge in large transactions on The Open Network (TON, Ton). On the 31st (local time), IntoTheBlock announced on X that "The large transaction volume on the TON network is setting new records," stating that "last w

Concerns Rise Over Trade War... International Gold Price Hits Record High of $3,148

Increasing Recession Predictions and Rate Cut Bets 18% Rise in Q1 Alone On the 31st (local time), the international gold price exceeded $3,100 per ounce, marking an all-time high. Concerns that the global trade war will expand and trigger a recession

BlackRock CEO: "Dollar's Authority Could Be Eclipsed by Bitcoin"

The CEO of BlackRock has stated that the authority of the dollar could be eclipsed by Bitcoin (BTC). According to Bloomberg on the 31st (local time), Larry Fink, CEO of BlackRock, mentioned in a shareholder letter that "there is no guarantee that the

"The number of high-ranking officials holding virtual assets increased by 3.8 times compared to last year"

The number of high-ranking officials holding virtual assets (cryptocurrencies) has increased by about 3.8 times. According to the public ethics system's property disclosure status on the 31st (local time), the number of high-ranking officials who rep

"Bitcoin Records Worst First Quarter Since 2018"

There are claims that Bitcoin (BTC) has experienced its worst first quarter since 2018. On the 31st (local time), Satoshi Club stated on X, "Bitcoin ended the first quarter of this year with a 12.5% decline," adding that it was "the worst first quart

"Ethereum, $1537 is a Key Support Level"

An analysis has emerged that the next major support level for Ethereum (ETH) is at $1537. On the 31st (local time), Glassnode stated on X, "Addresses that bought Ethereum at the $1800 level have not shown additional buying movements. As a result, Eth

Trump's Second Son Co-founds Mining Company 'American Bitcoin' with Hut8…"Trump's Eldest Son Also Invests"

The virtual asset (cryptocurrency) mining company Hut8 announced that it has established the mining company 'American Bitcoin (BTC)' together with Donald Trump's eldest and second sons. On the 31st (local time), Hut8 stated in a press release, "Eric

"Last week, $226 million net inflow into virtual asset investment products... for two consecutive weeks"

Last week, there was a net inflow of $226 million into global virtual asset (cryptocurrency) investment products. On the 31st (local time), CoinShares revealed this in a report, stating, "There was a net inflow of $195 million into Bitcoin products a

"Ethereum Sentiment Weakens... Approaching Lows from FTX Bankruptcy"

An analysis has emerged that Ethereum (ETH) prices are approaching the lows seen during the 2022 bankruptcy of the cryptocurrency exchange FTX. On the 31st (local time), Matrixport stated through X, "Ethereum has fallen by about 50% since recording $

[Analysis] "Bitcoin to Fall Below $80,000 This Week"

An analysis has emerged that Bitcoin (BTC) will fall below $80,000 this week. On the 31st (local time), 10X Research stated in a report, "Various risk-averse factors are putting pressure on the stock market. The virtual asset (cryptocurrency) market

Bithumb Turns a Profit with Operating Income of 130.7 Billion Won Last Year

Last year, it was revealed that the operating income of the domestic virtual asset (cryptocurrency) exchange Bithumb turned a profit. According to the Financial Supervisory Service's electronic disclosure system on the 31st (local time), Bithumb reco

"BitMEX, Bitcoin Open Interest Surges"

On the cryptocurrency exchange BitMEX, Bitcoin (BTC) open interest (OI) has surged significantly. On the 31st (local time), cryptocurrency analyst Ali Martinez stated on X that "over the past 48 hours, Bitcoin open interest on BitMEX has surged from

"Bitcoin, Dead Cross Occurs if Below $80,000"

An analysis has emerged that a dead cross for Bitcoin (BTC) is imminent. On the 31st (local time), BeInCrypto stated, "A dead cross is imminent where the 50-day Simple Moving Average (SMA) of Bitcoin on a daily basis falls below the 200-day SMA," add

Binance Lists Perpetual Futures for FUNToken (FUN) and Enzyme (MLN)

The global cryptocurrency exchange is listing perpetual futures for FUNToken (FUN) and Enzyme (MLN). On the 31st (local time), Binance announced on its official website, "Binance will list FUN/USDT perpetual futures at 17:30 (KST) and MLN/USDT perpet

"Large Bitcoin Withdrawals from Exchanges Last Week"

It was revealed that a large amount of Bitcoin (BTC) was withdrawn from centralized exchanges (CEX) last week. On the 31st (local time), cryptocurrency analyst Ali Martinez stated on X that "over 30,000 BTC were withdrawn from centralized exchanges o

[Breaking News] Weekly Closing Price of KRW-USD Exchange Rate at 1472.9 KRW…Highest Since Financial Crisis

Park Surim, Hankyung.com Reporter paksr365@hankyung.com

Japan's Metaplanet to Increase Bitcoin Holdings, Issues Bonds Worth 19.8 Billion Yen

Japan's Metaplanet, regarded as a strategic player, has issued bonds to purchase additional Bitcoin (BTC). On the 31st (local time), Metaplanet announced on X, "We are issuing 0% ordinary bonds worth 20 billion yen (approximately 19.8 billion KRW) to

"The Buy Button Disappeared"... Investor Trust Collapses Due to Hyperliquid's 'Unauthorized Delisting'

The decentralized futures trading platform Hyperliquid (HYPE) responded to a system exploitation attack on the 26th (local time) with an extreme measure of 'unauthorized delisting,' raising concerns about the platform's trustworthiness and structural

U.S. SEC Virtual Asset TF Announces Roundtable Schedule Starting April 11

The U.S. Securities and Exchange Commission (SEC) Virtual Asset (Cryptocurrency) Task Force (TF) has officially announced the schedule for meetings to discuss virtual asset regulation. On the 26th (local time), the U.S. SEC announced on its official

Bernstein "Strategy target price $600... Possible to hold 1 million BTC"

Bernstein predicted a target price of $600 for Strategy, stating that it could hold more than 1 million Bitcoin (BTC) in the future. According to The Block on the 26th (local time), Bernstein stated in a report, "Strategy is a company that will excee