Suehyeon Lee

"Circle Faces Continued Margin Pressure from Increasing Distribution Costs…Potential for Stock Price Decline"

There is an outlook that the stock price of Circle, the issuer of the stablecoin USDC, is likely to decline. According to The Block on the 1st (local time), Mizuho Securities reported that "Circle earned approximately $625 million in total interest i

VanEck CEO: "Bitcoin is Digital Gold… Its Ultimate Value is $400,000"

Jan van Eck, the CEO of global asset management firm VanEck, described Bitcoin as 'digital gold.' On the 2nd (local time), Jan van Eck emphasized the long-term value appreciation potential of Bitcoin in an interview with Bloomberg TV, stating, "Bitco

[Market Update] Bitcoin Breaks Below $113,000...Downtrend Intensifies

The downtrend for Bitcoin (BTC) has intensified, breaking below the $113,000 mark. As of 7:44 AM on the 2nd, according to CoinMarketCap, Bitcoin is trading at $112,946.86, down 2.76% from the previous day. Major altcoins are also showing declines. Et

"Bitcoin, a trading asset in the short term… a financial asset in the long term"

Michael Saylor, chairman of MicroStrategy, stated that Bitcoin (BTC) will serve as a financial asset in the long run. On the 2nd (local time), Saylor said through his X account, "Bitcoin functions as a trading instrument that leverages price volatili

Trump: "Powell Should Resign"... Renews Pressure

U.S. President Donald Trump has called for the resignation of Jerome Powell, Chair of the Federal Reserve (Fed). According to Walter Bloomberg on the 2nd (local time), Trump said, "Chair Powell should resign." Previously, on the 17th of last month, T

Trump: "Powell is a disaster… Immediate interest rate cut needed"

U.S. President Donald Trump continued his criticism of Jerome Powell, Chair of the Federal Reserve (Fed). According to Watcher Group on the 1st (local time), Trump said about Powell, "Too Little, Too Late," and referred to "the too-late Powell" as a

U.S. Treasury Secretary: "The United States Has Entered a Golden Era for Cryptocurrencies"

Scott Bessent, U.S. Treasury Secretary, has expressed strong optimism about cryptocurrencies. According to Watcher Guru on the 2nd (local time), Bessent stated, "The United States has entered a golden era for cryptocurrencies." He also commented, "We

U.S. SEC Virtual Asset Task Force Holds Roundtable to Expand Collection of Policy Participants’ Opinions

The Virtual Asset (cryptocurrency) Task Force (TF) under the U.S. Securities and Exchange Commission (SEC) will hold a roundtable to gather opinions from stakeholders. On the 2nd (local time), Eleanor Terrett, host of Crypto in America, announced via

Bitcoin whales accumulate 218,000 BTC since March… Holding 68.44% of total supply

Bitcoin (BTC) whales holding between 10 and 10,000 BTC have purchased over 210,000 Bitcoin in the past four months. According to Santiment on the 31st (local time), whales owning 10 to 10,000 BTC collectively acquired an additional 218,570 BTC since

[Today's Global Trending Coins] Ethereum, Kaito, Coinbase, etc.

According to the Token Mindshare indicator from Kaito (an AI-driven Web3 search platform that quantifies each token's influence in the crypto market), as of the 30th, the top 5 crypto-related keywords drawing the most public attention are Ethereum (E

Kaia to End FNSA→KAIA Token Swap on September 30

The Layer 1 blockchain Kaia (KAIA) Foundation announced that it will end the FNSA→KAIA token swap service on September 30. On the 31st (local time), Kaia stated on X, "The FNSA→KAIA token swap service, which began with the launch of the KAIA mainnet

Ethereum whales accumulate an additional 73,821 ETH... 720,000 ETH absorbed since July

The accumulation trend of whales for Ethereum (ETH) continues. On the 31st (local time), Lookonchain reported via X that "over the past 8 hours, three newly created wallets have additionally purchased a total of 73,821 ETH (approximately $283 million

FTX·Alameda, staked about 20,000 ETH an hour ago

FTX and Alameda Research, which are undergoing bankruptcy proceedings, reportedly staked about 20,000 Ethereum (ETH) approximately an hour ago. According to Lookonchain on the 31st (local time), FTX and Alameda staked 20,736 ETH (about $79 million) a

US Ethereum Spot ETF sees $6.22 million net inflow the previous day…approximately ₩8.6 billion

The US Ethereum (ETH) spot Exchange-Traded Fund (ETF) continued its positive trend with a net inflow recorded the previous day. According to TraderT on the 31st (local time), the US Ethereum spot ETF posted a net inflow of $6.22 million (approximatel

US Bitcoin Spot ETF Sees Net Inflow of $47.39 Million the Previous Day…5 Consecutive Trading Days

The United States Bitcoin (BTC) spot Exchange Traded Funds (ETF) recorded a net inflow of over $40 million the previous day. According to Trader T on the 31st (local time), the previous day’s US Bitcoin spot ETF saw $47.39 million (approximately ₩65.

Ether Machine acquires an additional 15,000 ETH, total holdings surpass 330,000

Recently, Ether Machine, which announced it would adopt Ethereum (ETH) as a long-term financial strategy, made an additional purchase of Ethereum. According to Wu Blockchain on the 31st (local time), Ether Machine's subsidiary Ether Reserve LLC bough

US SEC delays Invesco-Galaxy Ethereum Spot ETF Staking Review

The US Securities and Exchange Commission (SEC) has postponed its review of the proposal by Invesco and Galaxy to include a staking feature in their Ethereum (ETH) spot exchange-traded fund (ETF). According to Cointelegraph on the 31st (local time),

21Shares Submits Amended S-1 for Solana Spot ETF

21Shares appears to be accelerating efforts for the launch of a Solana (SOL) spot ETF. According to Cointelegraph on the 31st (local time), 21Shares has submitted an amended S-1 registration statement for the Solana spot ETF to the U.S. Securities an

KIWOOM Securities files stablecoin trademark applications… Digital asset competition among securities firms heats up

It has been confirmed that KIWOOM Securities has filed multiple trademark applications related to stablecoins. According to the Intellectual Property Information Search Service of the Korean Intellectual Property Office on the 31st, KIWOOM Securities

Robinhood, virtual asset trading revenue jumps 98% in Q2

Robinhood’s virtual asset (cryptocurrency) trading revenue for the second quarter this year showed clear growth. According to The Block on the 30th (local time), Robinhood’s virtual asset trading volume for the second quarter this year increased by 3

Key Industry and Government Figures Attend Release of US Virtual Asset Report

The US White House has officially released its report on virtual assets (cryptocurrencies), with the event drawing a large attendance of senior government officials and industry leaders. On the 31st (local time), Eleanor Terrett, host of Crypto in Am

[Today's Major Economic & Cryptocurrency Schedules] US New Jobless Claims and More

<Today's Major Economic Schedule> ▶31st (Thu): △US interest rate decision (US time 14:00, Korea time 3:00) △US FOMC press conference (US time 14:30, Korea time 3:30) △Korea June industrial production (US time 19:00, Korea time 8:00) △Korea June retai

21 Capital CEO: "Wall Street shows strong demand for Bitcoin"

Wall Street's interest in Bitcoin (BTC) appears to be heating up. On the 31st (local time), according to Bitcoin Magazine, Jack Mallers, CEO of the US investment firm 21 Capital, stated, "There is extremely high institutional demand and interest at t

Dormant Bitcoin whale after 8 years moves 500BTC...valued at $58 million

A Bitcoin (BTC) whale wallet that had been inactive for about eight years recently moved 500BTC. According to Bitcoin.com on the 31st (local time), 50 individual wallets belonging to the dormant whale simultaneously became active, transferring a tota

US Digital Assets Advisory Chairman: "I want to hold as much Bitcoin as possible...I'm an avid fan"

Bo Hines, Chairman of the White House Digital Assets Advisory Committee, expressed strong support for Bitcoin (BTC). According to Watcher Guru on the 31st (local time), Bo Hines said, "We are avid fans of Bitcoin. We want to hold as much as possible.

U.S. SEC Discloses Virtual Asset ETP Approval Standards…"Coins Listed as Futures for Six Months Have Strong Approval Prospects"

The U.S. Securities and Exchange Commission (SEC) has disclosed the approval standards for virtual asset (cryptocurrency) exchange-traded products (ETPs). On the 31st (local time), Eric Balchunas, a Bloomberg analyst, stated through his X that "the S

XRP and Solana Gain Upward Momentum Amidst ETF Expectations… "XRP Expected to Reach $4, SOL $250"

Ripple (XRP) and Solana (SOL) are showing strong upward momentum amid expectations of spot ETF launches, with analysts predicting that both assets could break through major resistance levels within the next few weeks. According to CoinDesk on the 26t

[Today's Global Trending Coins] Bitcoin · Ethena · Theoriq & More

According to the Token Mindshare, a metric that quantifies the influence of specific tokens in the virtual asset market from the AI-based Web3 search platform Kaito, as of the 26th, the top five virtual asset-related keywords receiving the most atten

Bit Digital to Triple Stock Capital…"To Expand Ethereum Accumulation"

Bit Digital plans to put the proposal to expand its stock capital to a vote at an extraordinary general meeting of shareholders this September. According to documents submitted to the SEC on the 25th (local time), this meeting will primarily address

U.S. Ethereum ETF sees $452.83 million net inflow…Strong momentum in capital inflow continues

The United States Ethereum (ETH) spot Exchange-Traded Funds (ETF) posted a net inflow the previous day, continuing a strong trend of capital inflows. On the 26th (local time), U.S. Ethereum spot ETFs recorded a total net inflow of $452.83 million (ap