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Vitalik Buterin, co-founder of Ethereum (ETH), emphasized that low-cost stablecoin transactions are one of the most important values in the crypto asset (cryptocurrency) industry. On the 5th, Buterin wrote on X (formerly Twitter), "Low-cost stablecoi
As the U.S. labor market sharply slowed this summer, analysts said the U.S. central bank, the Federal Reserve (Fed), is now more likely to implement a 25bp (0.25 percentage point) rate cut at the September FOMC meeting. However, uncertainty about the
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will hold a joint roundtable on coordinating virtual asset (cryptocurrency) regulation on the 29th (local time). The meeting will be broadcast live
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are reportedly considering integrating perpetual contracts (Perpetual Contracts) into the regulatory framework to allow investors in the United Stat
US August employment indicators fell well short of expectations, prompting views that the US central bank, the Federal Reserve (Fed), has a slightly increased chance of implementing a 50bp(0.5%point) policy rate cut at the September FOMC meeting. On
Spot gold prices surged immediately after the U.S. employment data release, setting an all-time high. On the 5th, according to virtual asset (cryptocurrency) specialized media Blockbeats, spot gold that day climbed to 3585 dollars per ounce, marking
Last month's U.S. employment data fell well short of market expectations. The U.S. Department of Labor said on the 5th (local time) that nonfarm payrolls in August increased by 22,000 from the previous month. This figure is 53,000 below the market fo
The U.S. Bureau of Labor Statistics (BLS) is reported to have experienced technical problems in its data query tool ahead of the scheduled release of the August employment report at 9:30 p.m. (KST). On the 5th, overseas economic news channel Walter B
Cryptocurrency derivatives exchange Hyperliquid will hold a vote in the next network upgrade to introduce its own stablecoin USDH and plans to reduce some spot trading fees. On the 5th, virtual asset-focused media Odaily reported that Hyperliquid wil
The European arm of cryptocurrency exchange Bullish has obtained a license under the European Union's (EU) comprehensive virtual asset regulatory proposal, the MiCA law. According to crypto-focused media CoinDesk on the 5th, Bullish Europe said it ob
The Ethereum Foundation was observed to have withdrawn 4.7 billion won worth of the stablecoin Dai (DAI) as part of its ongoing sales of Ether (ETH). On the 5th, Amber CN reported via X (formerly Twitter) that "the Ethereum Foundation sold part of th
U.S. President Trump left a post suggesting that the three countries China, Russia and India appear to have grown closer. On the 5th (local time), President Trump posted on his social media platform Truth Social: "It seems we have lost India and Russ
Bitcoin (BTC) is maintaining the $112,000 level and is showing a relatively stable trend despite volatility in global risky assets, analysts said. Ethereum (ETH), XRP (XRP), and Solana (SOL) are also trading within limited ranges. On the 5th, crypto
The virtual asset (cryptocurrency) exchange Gemini has launched Ethereum (ETH) and Solana (SOL) staking services and perpetual futures products for customers in the European Union (EU). According to crypto-focused media CoinDesk on the 5th, Gemini un
Thumzup Media, a Nasdaq-listed company, said it plans to secure 3500 Dogecoin (DOGE) mining rigs within the year through the acquisition of Dogehash, a Dogecoin mining firm. Thumzup said the acquisition is part of its plan to expand its cryptocurrenc
Japan tech company Robot Consulting announced plans to purchase Ethereum (ETH) worth 1 billion yen (about 9.3 billion won). On the 5th, according to virtual asset (cryptocurrency) specialized media CoinDo, Tokyo-based Robot Consulting disclosed the p
Some analysts say some traders are preparing buy-the-dip strategies as Bitcoin (BTC) may show short-term weakness. On the 5th, according to crypto-focused media CoinDesk, Brent Donnelly, head of Spectra Markets, said, "I will place buy orders in the
In the global virtual asset (cryptocurrency) market, Redstone (Redstone·RED) showed a short-term surge on news of being listed on Upbit's KRW market. Earlier, Upbit announced that it would list RED around 17:00 that day. According to crypto-focused m
Large sell-offs from whale wallets of Dogecoin (DOGE) and Cardano (ADA) have been detected in the global crypto market. Although the short-term price impact was limited, the possibility of increased selling pressure in the future has been raised. Acc
Global crypto asset (cryptocurrency) exchange Binance is listing the artificial intelligence (AI) blockchain project OpenLedger·OPEN. On the 5th, Binance said via its official channel, "On the 8th at 22:00 (Korean time) we will list OPEN on Binance's
Although the virtual assets (cryptocurrencies) industry in Australia was brought into the regulatory framework several years ago, critics say barriers to conducting transactions via banks still exist. On the 5th, virtual asset-focused media Cointeleg
Bitcoin (BTC) briefly recovered to the 112,000 dollars level. As of the 5th at 16:02, BTC is trading on the Binance USDT market at 112,146 dollars (based on Upbit: 156,750,000 won), up 1.56% from the previous day. According to crypto asset data platf
A 'big player' trader on Hyperliquid, the crypto derivatives exchange, James Wynn was reportedly forcibly liquidated six times in a row from a 25x leveraged Ethereum (ETH) long position. Some in the market regard this as a 'top signal'. According to
Chinese authorities have reportedly uncovered a criminal organization conducting illegal foreign exchange transactions based on Tether (USDT) and found 18 related individuals guilty. The total transaction volume was estimated at 13.3 billion yuan (ab
Global cryptocurrency exchange Binance announced that it has listed Boost (BOOST) on Binance Alpha and will hold an Alpha Points-based airdrop event. On the 5th, Binance said on X (formerly Twitter), "Boost will begin trading on Binance Alpha from 17
XRP·Solana·Dogecoin, etc. Buying flows into altcoins as well Outlook for Ethereum staking ETF approval Expectations for altcoin rotation remain After Jerome Powell, chair of the U.S. Federal Reserve (Fed), spoke at Jackson Hole, risk asset appetite r
The market capitalization of major stablecoins such as Tether (USDT) and USDC has slightly increased compared with the previous week. On the 30th, according to decentralized finance (DeFi) dashboard DeFiLlama, the market capitalization of stablecoins
An observation emerged that profit-taking amounting to $4 billion (about 5.566 trillion won) occurred in the Bitcoin (BTC) market the previous day. On the 30th, a CryptoOnChain analyst said in CryptoQuant's QuickTake report, "This decline is the resu
Bitcoin (BTC) mining company Bitdeer mined 89.2 BTC over the past week and did not sell any. On the 30th, Bitdeer disclosed its Bitcoin mining and holding status as of the 29th via its official X (formerly Twitter). Bitdeer mined 89.2 BTC over the pa
Global virtual asset (cryptocurrency) exchange Binance announced that it will list Quark AI (Quark AI, Q) on Binance Alpha and conduct an Alpha Points-based airdrop event. On the 30th, Binance said via its official X (formerly Twitter), "Binance Alph