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The cryptocurrency market is showing a downward trend, and there is an analysis indicating that investor sentiment is freezing. On the 22nd, cryptocurrency data analysis firm Santiment stated on X (formerly Twitter) that "due to the further decline i
Bitcoin (BTC) temporarily dropped below $96,000. On the 22nd, the BTC price was trading at $96,303 (146.16 million KRW on Upbit) on the Binance USDT market at 14:32, down 1.26% from the previous day. Bitcoin has been on a downward trend following the
Ripple's recently launched stablecoin, Ripple USD (RLUSD), is said to offer several benefits, including complementing XRP. On the 17th, Ripple introduced its own stablecoin, RLUSD. According to Ripple's official X (formerly Twitter) on the 22nd, Davi
The Bitcoin (BTC) holdings of global cryptocurrency exchanges such as Coinbase Pro are showing a downward trend. According to Coinglass, a cryptocurrency market data analysis firm, the Bitcoin held by Coinbase Pro has decreased by 71,922 BTC over the
There are speculations that Arthur Hayes has sold a large amount of Etena (ENA). On the 22nd, on-chain analyst EmberCN stated, "Arthur Hayes withdrew 7.85 million USDC from Binance around 9 AM (KST) today," adding, "It is presumed that he sold all 7
Central American country El Salvador, the first in the world to adopt cryptocurrency as legal tender, is reportedly planning to continue expanding its Bitcoin (BTC) holdings. According to Bitcoin Magazine, a cryptocurrency-focused media outlet, Max K
Cryptocurrencies, including Bitcoin (BTC), have shown significant volatility, leading to large-scale liquidations in the futures market. According to data from the cryptocurrency market data analysis firm CoinGlass, a total of $337.46 million was liq
The circulation of the dollar-backed stablecoin USD Coin (USDC) has increased by $900 million (approximately 1.3045 trillion KRW) over the past 7 days. On the 22nd, Circle, the issuer of USDC, announced on its official website that it issued USDC wor
Hashed and KODA Host 'Virtual Asset Legislative Proposal' Seminar CEO Simon Kim: "Bitcoin to Threaten Gold... Will Surpass Apple and Google" "Korea's Virtual Asset Regulations Lagging... Need for Second-Phase Legislation" "Virtual Asset Spot ETF, a G
"Bitcoin Recovery Expected if it Stably Surpasses $101,000" "Further Decline Expected if it Falls Below $98,500" The U.S. Federal Reserve (Fed) has hinted at significantly slowing the pace of rate cuts starting next year, causing Bitcoin (BTC) to att
Bitcoin (BTC) briefly surpassed $108,000, setting a new all-time high. As of 11:53 PM on the 17th, BTC is trading at $108,067 on the Binance USDT market, up 2.05% from the previous day (156,840,000 KRW on the Upbit exchange). Eleven Bitcoin spot ETFs
Ripple has announced the official launch of its own stablecoin 'Ripple USD (RLUSD)'. On the 17th, Ripple stated via X (formerly Twitter) that "RLUSD has started trading on global virtual asset (cryptocurrency) exchanges." Ripple added, "RLUSD is an e
Nasdaq-listed AI-based education company Genius Group has recently purchased an additional $2 million (approximately 2.8 billion KRW) worth of Bitcoin (BTC). According to GlobeNewswire on the 17th, Genius Group announced that it has recently purchase
There is a growing expectation that the Trump administration might approve an Ethereum (ETH) spot exchange-traded fund (ETF) that includes staking. On the 17th, cryptocurrency-focused media outlet The Block reported, "If Trump comes to power and regu
Ripple (XRP) surged 13% following news that it will launch its own stablecoin, Ripple USD (RLUSD). On the 17th, cryptocurrency media outlet Decrypt reported, "Ripple is set to launch the stablecoin RLUSD today. Analysts predict that RLUSD will boost
The European Securities and Markets Authority (ESMA) has released its final guidelines ahead of the implementation of the MiCA (Markets in Crypto-Assets) regulation. On the 17th, ESMA announced in an official press release, "ESMA is publishing a fina
1000 Bitcoins (BTC) have been deposited into the global cryptocurrency exchange Kraken. According to the cryptocurrency transaction tracking site Whale Alert, around 20:41 on the 17th, 1000 BTC were transferred to the Kraken exchange. This amounts to
The Sui-based Total Value Locked (TVL) leading decentralized finance (DeFi) platform 'Navi Protocol (NAVX)' has announced that it will offer incentives for its FDUSD liquidity pool. On the 17th, Navi Protocol announced via X (formerly Twitter) that "
MicroStrategy (MSTR), known as the company holding the most Bitcoin (BTC) in the world, has seen its unrealized Bitcoin gains surpass $20 billion (approximately 28 trillion won). On the 17th, the cryptocurrency-focused media outlet Bitcoin Magazine r
The assets under management (AUM) of Bitcoin (BTC) spot exchange-traded funds (ETFs) listed in the United States have surpassed those of gold ETFs. On the 17th, Vetle Lunde, an analyst at the cryptocurrency market analysis firm K33 Research, announce
A member of the European Parliament has reportedly stated the need to strategically reserve Bitcoin (BTC). On the 17th, the cryptocurrency-focused media Bitcoin Archive reported, "One of the members of the European Parliament urged in a speech that E
The bankrupt cryptocurrency exchange Mount Gox and mining company Mara Holdings have transferred 23,664 Bitcoin (BTC) today. On the 17th, the on-chain data analysis platform Spot On Chain announced via X (formerly Twitter) that "after Bitcoin reached
Cryptocurrency is rapidly catching up with the traditional financial market, and some analyses suggest it has already surpassed it in certain areas. On the 17th, Jamie Coutts, a Real Vision analyst, stated on X (formerly Twitter), "Cryptocurrency is
An analysis has emerged that Ethereum (ETH) is forming a strong support line at the $4000 level. On the 17th, blockchain analysis company IntoTheBlock reported on X (formerly Twitter) that "Ethereum has accumulated 7.2 million ETH slightly below the
Global cryptocurrency exchange Binance has announced the listing of Pudgy Penguins (PENGU) perpetual futures. On the 17th, Binance stated in a notice, "Binance will list Pudgy Penguins (PENGU) perpetual futures on the 18th at 1:15 AM (KST)," adding t
The market capitalization of the stablecoin Tether (USDT) has surged by $50 billion this year. An increase in the circulation of stablecoins typically indicates a rise in capital inflow into the virtual asset market. On the 17th, the virtual asset (c
Bitcoin (BTC) has reached an all-time high in the KRW market on Upbit. On the 16th, Bitcoin on the domestic virtual asset (cryptocurrency) exchange Upbit hit a record high of 153.21 million KRW. As of 11:56 PM on Upbit, Bitcoin is trading at 152.47 m
The US December Service Purchasing Managers' Index (PMI) exceeded market expectations. According to the PMI report released by S&P Global on the 16th (local time), the US December Service Purchasing Managers' Index was 58.5, surpassing the market exp
Bitcoin (BTC) briefly recovered to $105,000. As of 11:40 PM on the 16th, BTC is trading at $105,170 on the Binance USDT market, up 2.37% from the previous day (152.23 million KRW on the Upbit exchange). Bitcoin hit an intraday high of $106,648, drive
2275 Bitcoins (BTC) have been deposited to Coinbase. According to the cryptocurrency transaction tracking site Whale Alert, at around 23:23 on the 16th, 2275 BTC were deposited to Coinbase Institutional. This amounts to approximately 237.02 million U