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Global virtual asset (cryptocurrency) exchange Binance said an outage occurred in its futures trading service. On the 29th (local time), Binance said on its official X (formerly Twitter), "An issue affecting UM(USDⓈ-Margined) futures trading has occu
Bitcoin (BTC) briefly surrendered the $111,000 level. As of 15:39 on the 29th, Bitcoin was trading on the Binance USDT market at $110,961 (based on Upbit: KRW 154,990,000), down 1.6% from the previous day. Meanwhile, according to crypto asset data pl
There were signs that the futures trading page of global crypto exchange Binance was temporarily not functioning properly. On the 29th (local time), according to crypto-focused media Odaily (Odaily), after 15:18 that day Binance's futures trading pag
The spot Bitcoin (BTC) exchange-traded funds (ETFs) listed in the United States are taking up a growing share of the Bitcoin spot market. With increased institutional inflows, ETFs are becoming a core pillar in liquidity provision, analysts say. On t
After U.S. Federal Reserve Chair Jerome Powell's Jackson Hole remarks, a revived preference for risk assets helped Ethereum (ETH) rebound, but after hitting a record high it entered a breather as profit-taking emerged. Market attention is focused on
Min Byung-deok, Member of the Democratic Party of Korea & Hankyung Bloomingbit Hosting of 'Digital Asset Basic Act Policy Seminar' Need for the Institutionalization of Digital Asset Derivatives 'KRW Stablecoin' as a Channel for Capital Inflows Proact
Academia and industry experts unanimously asserted that the issuance of Korean won stablecoins and the adjustment of derivatives-related regulations are essential tasks for the survival of Korea's financial system and securing global competitiveness.
Academic and industry experts have identified the institutionalization of virtual asset (cryptocurrency) derivatives and credit provision as pressing issues that can no longer be delayed. There was consensus that global competitiveness in line with g
The cryptocurrency lending protocol Aave (AAVE) surged following news of its partnership with World Liberty Financial (WLFI). On the 23rd (local time), on-chain analyst Aiga announced on X (formerly Twitter), "AAVE has been allocated WLFI tokens equi
The market capitalization of stablecoins such as Tether (USDT) and USDC showed a slight decrease compared to the previous week. According to the decentralized finance (DeFi) dashboard DeFiLlama on the 23rd, the total market capitalization of stableco
Ethereum (ETH) has hit an all-time high recently, but the network usage fee, known as gas fees, remains at low levels. According to a report by the crypto-focused media outlet Wu Blockchain on the 23rd (local time), the median daily gas fee on the Et
Bitcoin (BTC) temporarily lost the $115,000 level. As of 22:42 on the 23rd, Bitcoin is trading at $114,948 on Binance's USDT market, up 2.09% from the previous day (₩159,390,000 on Upbit). According to the cryptocurrency data platform Cryprice, the K
Republican Senator Cynthia Lummis from the United States stated that there is a high possibility the digital asset (cryptocurrency) market structure bill (Clarity Act) will be passed by Congress within this year. On the 23rd (local time), according t
As U.S. federal government debt surpasses $37 trillion, concerns over weakened dollar confidence are fueling a bullish outlook in the virtual asset (cryptocurrency) market. According to Forbes, an American economic media outlet, on the 23rd (local ti
Wallets suspected of being associated with the virtual asset (cryptocurrency) service provider Matrixport (Matrixport) have reportedly transferred a large amount of Ethereum (ETH) to exchanges. According to blockchain analytics firm Lookonchain (Look
Ethereum (ETH) has risen to 26th place in the global asset market capitalization rankings, overtaking Mastercard. According to Infinite Market Cap, a global market capitalization aggregation site, on the 23rd (local time), Ethereum's market capitaliz
77,735 Ethereum (ETH) were transferred to Bitfinex. According to the cryptocurrency transaction tracking site Whale Alert, at around 19:08 on the 23rd, 77,735 ETH were sent to Bitfinex. This amounts to approximately $368.58 million (about ₩507.7 bill
After dovish (preference for accommodative monetary policy) remarks by Jerome Powell, Chair of the Federal Reserve (Fed), both Bitcoin (BTC) and Ethereum (ETH) surged together, raising the possibility of further gains. According to cryptocurrency-spe
Dogecoin (DOGE) has surged 11% in a short period, showing an upward trend. According to cryptocurrency-focused media outlet CoinDesk on the 23rd (local time), Dogecoin soared as high as $0.24 during intraday trading, posting an 11% increase. In parti
Binance, the global cryptocurrency exchange, is listing World Liberty Financial (WLFI) perpetual futures. WLFI is a cryptocurrency project led by the Trump family. On the 23rd (local time), Binance announced through a notice, "We will begin pre-marke
After Jerome Powell, Chair of the U.S. Federal Reserve (Fed), hinted at the possibility of a rate cut in September, reports state that the virtual asset (cryptocurrency) market rebounded, returning investor sentiment to the 'Greed' zone. According to
Ethereum (ETH) has reached a new all-time high for the first time since 2021, prompting renowned trader Peter Brandt to leave a brief comment, calling it "Powerful." According to U.Today, a media outlet specializing in virtual assets (cryptocurrencie
Global cryptocurrency exchange Binance will list Multiple Network (MTP) on Binance Alpha. On the 23rd, Binance announced on its official X (formerly Twitter), "On the 25th, MTP will be added to Binance Alpha for the first time," and stated, "Alpha Po
Bitcoin (BTC) spot exchange-traded funds (ETFs) listed in the United States saw major net outflows this week. According to Farside Investors on the 23rd (local time), the total net outflow from US-listed Bitcoin spot ETFs this week reached $1,178,500
The homomorphic encryption-based blockchain project Mind Network (FHE) recorded an intraday surge of over 200%. According to CoinMarketCap on the 23rd (local time), FHE is trading at $0.10, up 130% from the previous day. On this day, the FHE price so
Competition to launch spot Exchange Traded Funds (ETFs) based on XRP appears to be intensifying. According to the cryptocurrency-focused media outlet Coinpedia on the 23rd (local time), seven asset management companies—Grayscale, Bitwise, Canary, Coi
The Financial Services Agency (FSA) of Japan is pushing forward with plans to comprehensively overhaul the virtual asset (cryptocurrency) tax and regulatory framework. This revision includes a tax reform that treats virtual assets in the same way as
El Salvador has been consistently purchasing additional Bitcoin (BTC). According to cryptocurrency-focused media outlet CoinTrackDaily on the 23rd (local time), the government of El Salvador recently purchased 8 more Bitcoins, increasing its total ho
The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), saw surges in price following remarks by Jerome Powell, Chair of the Fed. On the 22nd (local time), Bloomberg reported, “When Powell left open the possibility of a rate cut in September
The US central bank, the Federal Reserve (Fed), is now seen as having over a 90% chance of cutting the benchmark interest rate in September. According to the Chicago Mercantile Exchange (CME) FedWatch on the 22nd, interest rate futures traders are re