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The circulation of the US dollar-based stablecoin USDC has decreased by $1.1 billion (approximately ₩1,528.6 billion) over the past week. According to crypto-focused media O’Daily on the 2nd, Circle, the issuer of USDC, minted approximately $5.4 bill
Eric Trump, the second son of former U.S. President Donald Trump, urged investors to view declines in Bitcoin (BTC) and Ethereum (ETH) as buying opportunities. On the 2nd (local time), Eric Trump posted on X (formerly Twitter), "I'll say it again: ₿u
There is a projection that Ethereum (ETH) will surpass $4,000 within the year. In particular, the fact that selling pressure has dropped to its lowest level in two years is seen as supporting its upward potential. On the 2nd (local time), according t
Peter Schiff, known as a financial market pessimist, has warned about the possibility of a rate cut by the U.S. central bank, the Federal Reserve System (Fed). Contrary to the easing effect the market anticipates, he claims it could actually lead to
Global payment companies Visa and Mastercard have assessed that, despite the recent rise of stablecoins, their impact on these companies’ payment networks remains limited. On the 2nd (local time), cryptocurrency-focused media outlet Coinpedia reporte
Bitcoin has dropped to the $114,000 level, raising concerns in the market. However, as on-chain indicators and institutional buying continue, some analyses suggest the structural bullish trend remains intact. On the 2nd (local time), cryptocurrency n
Canadian e-cigarette company CEA Industries saw its stock price soar over fivefold in a short period after declaring a transition to the virtual asset (cryptocurrency) sector, only to plummet soon after, increasing overall volatility. According to th
Korean investors who trade in overseas stocks, commonly referred to as ‘Korean Ants,’ have recently been focusing their funds on emerging U.S. companies involved in virtual assets (cryptocurrencies). According to data from the Korea Securities Deposi
In the Bitcoin futures market, a persistent selling dominance has been observed following a short-term downturn. On the 2nd, analyst Axel Adler Jr. stated on X (formerly Twitter), "Since the 31st of last month, traders began actively unwinding long p
Global cryptocurrency exchange Binance has announced the listing of Darkstar (DARK) on Binance Alpha, along with an upcoming Alpha Points-based airdrop event. On the 2nd, Binance stated through its official X (formerly Twitter), "Darkstar (DARK) will
Bitdeer, a Bitcoin (BTC) mining company, reportedly mined 63.1 BTC and sold 26.8 BTC in the past week. On the 2nd, Bitdeer disclosed its Bitcoin mining and holding status as of July 25 through its official X (formerly Twitter) account. During this pe
Arthur Hayes, co-founder of BitMEX, forecasted that, due to the burden of US tariffs in the third quarter, Bitcoin (BTC) and Ethereum (ETH) could test their support levels. On the 2nd, Hayes stated on his X (formerly Twitter), "The US tariff bill is
Raphael Bostic, president of the Boston Fed, stated that he maintains his earlier outlook that there will be one policy rate cut this year. According to Walter Bloomberg, an international economic news channel, on the 1st (local time), Raphael Bostic
It has been reported that the profitability of Bitcoin mining companies reached its highest level since the halving, as of last month. According to CoinDesk, a media outlet specializing in virtual assets (cryptocurrencies), on the 1st (local time), J
The Financial Conduct Authority (FCA) in the UK has lifted the ban on trading virtual asset (cryptocurrency) exchange-traded notes (ETNs) for retail investors. From October 8, companies in the UK will be able to offer virtual asset ETN products to ge
Over the past hour, Bitcoin (BTC) worth approximately ₩2 trillion has been transferred to cryptocurrency exchanges. According to a CryptoQuant alert, a total of 16,009.59 BTC (valued at about ₩2 trillion) moved to multiple futures exchanges in the la
Bitcoin (BTC) temporarily dropped below the $114,000 level. As of 23:07 on the 1st, Bitcoin was trading at $114,895 (₩159,370,000 on Upbit), down 2.98% from the previous day on the Binance USDT market. During the session, Bitcoin briefly widened its
The US ISM Manufacturing Purchasing Managers' Index (PMI) for July fell short of expectations. According to the manufacturing PMI report released on the 1st (local time) by the Institute for Supply Management (ISM), the US manufacturing PMI for July
The July Manufacturing Purchasing Managers' Index (PMI) for the United States slightly exceeded expectations. On the 1st (local time), the Manufacturing PMI announced by S&P Global registered at 49.8, slightly above Wall Street's expectation of 49.5.
Nick Timiraos, a journalist at The Wall Street Journal (WSJ) who is known as the unofficial spokesman of the U.S. central bank, the Fed, recently assessed that the slowdown in the job market could become a major test for the Fed's policy stance on be
BofA (Bank of America) has assessed that the tokenization of real-world assets (RWA) has entered a full-scale expansion phase. According to CoinDesk, a crypto-focused news outlet, on the 1st (local time), BofA stated in its research report, "Although
Bitcoin (BTC) temporarily recovered the $116,000 level. As of 22:18 on the 1st, Bitcoin is trading at $115,677 on the Binance USDT market, down 2.27% from the previous day ($160,700,000 on Upbit). Meanwhile, according to the digital asset data platfo
U.S. venture capital firm a16z has urged a complete review, warning that the 'ancillary asset' concept in the cryptocurrency regulatory bill draft released by the United States Senate Committee on Banking, Housing, and Urban Affairs could create seri
Michael Saylor, CEO of MicroStrategy (formerly MicroStrategy), mentioned the possibility that MicroStrategy could purchase up to 1.5 million Bitcoin (BTC). According to cryptocurrency-focused media outlet Bitcoin Archive on the 1st, Saylor stated, "I
Last month, U.S. employment figures fell short of market expectations. The U.S. Department of Labor announced on the 1st (local time) that nonfarm payroll employment increased by 73,000 in July compared to the previous month. This figure is 33,000 be
Chinese auto trading platform Cango mined 142.8 Bitcoin (BTC) in the past week, increasing its total holdings to 4,529.8 BTC. On the 1st, Cango announced on its official X (formerly Twitter), "We mined 142.8 BTC this week," adding, "Our cumulative Bi
A total of $5,430,000,000 (approximately ₩7,620,000,000,000) flowed into U.S. spot Ethereum (ETH) ETFs during the month of July. This marks the largest monthly net inflow since their launch and sets a new record of 20 consecutive trading days of infl
While the price of Bitcoin (BTC) is undergoing an adjustment, an analysis based on past buying points suggests that the $105,000 level could be a key support zone. On the 1st, on-chain data analytics firm Sentora (formerly IntoTheBlock) announced via
U.S. President Donald Trump exerted strong pressure on Jerome Powell, Chair of the U.S. Federal Reserve System (Fed), regarding interest rate policy. According to overseas economic news channel DB News on the 1st (local time), President Trump claimed
The global cryptocurrency exchange Binance has listed TOSHI on Binance Alpha and is hosting an airdrop event based on Alpha Points. On the 1st, Binance announced via its official X (formerly Twitter): "The TOSHI token has been added to Binance Alpha,