Suehyeon Lee

Analysis: US Bitcoin Holdings Haven’t Yet Signaled the Next Bull Market

US institutional Bitcoin holdings have yet to show a clear uptrend, suggesting a full-fledged bull market may still be some time away. CryptoQuant contributor Crypto SunMoon wrote on July 30 that, historically, Bitcoin bull markets have unfolded afte

Gold Holds Near $4,000 as Traders Watch US-Iran Talks, Fed Rate Path

Gold traded in a narrow range as investors watched US-Iran peace talks and fresh US economic data. Spot gold traded near $4,000 an ounce on July 30, according to Bloomberg. The metal steadied after dropping about 2% over the previous two sessions. En

Circle Shares Slide 16% After OpenUSD Debut; Analysts Say Competition Fears Are Overdone

Circle shares slid sharply after Open Standard announced plans to launch a new stablecoin. The Block reported on June 30 that Open Standard unveiled OpenUSD, or OUSD, a stablecoin involving more than 140 companies including Visa, Stripe, Mastercard,

Oil Steadies as US-Iran Talks Advance, Oversupply Risks Loom

Oil steadied as traders tracked progress in US-Iran talks and signs that crude shipments through the Strait of Hormuz are returning to normal. On July 30, Bloomberg reported that West Texas Intermediate traded near $70 a barrel, while Brent settled b

July 1 Economic, Crypto Calendar: Fed's Kevin Warsh to Speak, Join ECB Forum Panel

Today's key economic events ▶ July 1 (Wednesday): U.S. June ADP nonfarm employment change (9:15 p.m. Korea time); Fed Chair Kevin Warsh to speak (10 p.m. Korea time); U.S. June S&P Global manufacturing PMI (10:45 p.m. Korea time); U.S. June ISM manuf

Strategy Unveils Capital Overhaul With $1 Billion Buybacks, 12% STRC Dividend

Strategy has unveiled a capital overhaul aimed at easing investor concerns about its financial health. The move comes as Bitcoin trades below $60,000 and the company’s stock remains down more than 70% from its peak. Cointelegraph reported on July 30

Massachusetts Files Amended Suit Against Kalshi Over Sports Betting

Massachusetts Attorney General Andrea Joy Campbell has filed an amended complaint against prediction-market platform Kalshi, extending the state's legal challenge over its sports betting business. Cointelegraph reported on July 30 that Suffolk County

Visa, Mastercard, Coinbase Join 140-Firm Push to Launch Dollar Stablecoin OUSD

More than 140 financial and cryptocurrency companies, including Visa, Mastercard and Coinbase, are joining forces to launch a U.S. dollar-pegged stablecoin. Open Standard plans to launch OpenUSD, or OUSD, later this year, Cointelegraph reported on Ju

Vance Discloses Bitcoin Holdings Worth More Than $250,000

U.S. Vice President J.D. Vance has disclosed holdings of more than $250,000 in Bitcoin. Bitcoin Magazine reported on June 30 that Vance said in a recently released financial disclosure that he owns more than $250,000 worth of Bitcoin. The filing came

Spot Ether ETFs Log $345 Million of Outflows, Overshadowing BitMine Buying

Ethereum has failed to regain support at $1,600, while heavy outflows from spot Ether exchange-traded funds have outweighed buying by corporations. Cointelegraph reported on June 30 that US-listed spot Ether ETFs have recorded net outflows of $345 mi

Trump Made More Than $1.2 Billion From Crypto Ventures This Year, Including $600 Million From Meme Coin

President Donald Trump earned at least $1.2 billion this year from cryptocurrency and meme-coin ventures. Bloomberg reported on June 30 that Trump disclosed at least $1.2 billion of income from crypto businesses in his annual financial disclosure rel

SEC Opens Broad Review of ETF Rules, Seeks Comment on New Products Including Crypto Funds

The U.S. Securities and Exchange Commission is undertaking a broad review of the regulatory framework for new exchange-traded funds, including cryptocurrency ETFs. CoinDesk reported on July 30 that the SEC has launched a 60-day public comment period

BitMine Raises Ether Holdings to 5.7 Million Tokens, Joins Russell 1000

BitMine Immersion Technologies, an Ethereum treasury strategy company, has increased its Ether holdings to more than 5.7 million tokens and joined the Russell 1000 Index. Cointelegraph reported on June 30 that BitMine bought an additional $43 million

US Spot Ether ETFs See $29.9 Million of Net Outflows for Eighth Straight Session

Net outflows continued in the US spot Ether exchange-traded fund market. US spot Ether ETFs recorded $29.9 million in net outflows on June 30, according to data compiled by Farside Investors. That extended the streak of net outflows to eight consecut

US Spot-Bitcoin ETFs See $231 Million in Net Outflows for Eighth Straight Session

US spot-Bitcoin exchange-traded funds recorded more than $200 million of net outflows in a single day. Data compiled by Farside Investors on June 30 showed that US spot-Bitcoin ETFs posted total net outflows of $231 million a day earlier. It was the

Analysis: 84% of Binance-Listed Altcoins Trade Below 200-Day Moving Average as Long Slump Persists

An extended slump in the altcoin market is dragging on, with 84% of altcoins listed on Binance trading below their 200-day moving average, according to an analysis. CryptoQuant contributor Darkfost wrote on June 29 that altcoins have been the asset c

Senate Republicans Push to Pass CLARITY Act in July

Senate Republican leaders are stepping up last-minute negotiations to pass the CLARITY Act in July as they try to put a regulatory framework in place for the cryptocurrency market. Cointelegraph reported on June 29 that Republican leaders including S

Bitcoin Battles to Hold $60,000 as Institutions Wait and Retail Investors Sell

Bitcoin (BTC) is struggling to find direction around $60,000, with retail and institutional investors moving in opposite directions. Cointelegraph reported on June 29 that Bitcoin was trading near $60,300, leaving it at a key juncture for its next mo

Morgan Stanley Cuts Oil Price Forecast on Faster Hormuz Recovery, Weaker China Demand

Morgan Stanley lowered its oil price forecasts, citing a faster-than-expected recovery in crude shipments through the Strait of Hormuz, rising US supply and slowing demand in China. Bloomberg reported on June 29 that Morgan Stanley cut its average Br

Analysis: Slowing Stablecoin Inflows May Curb Strong Bitcoin Rebound

Bitcoin (BTC) has been trading sideways near $60,000, and a strong rally may be hard to sustain as fresh money flowing into the crypto market slows, according to a CryptoQuant analysis. On June 29, CryptoQuant contributor Sunny Mom wrote that momentu

Securitize Nears NYSE Listing After Shareholders Approve SPAC Merger

Securitize, a real-world asset tokenization platform, is nearing a New York Stock Exchange listing after winning shareholder approval for its merger with a special purpose acquisition company. The Block reported on June 29 that shareholders of Cantor

Today’s Key Economic, Crypto Events: US May JOLTS Due

Today’s Key Economic Events ▶ June 30 (Tuesday): US April S&P/Case-Shiller Home Price Index (10 p.m. Korea Standard Time); US May JOLTS, or Job Openings and Labor Turnover Survey (11 p.m. Korea Standard Time); US June Conference Board consumer confid

UK FCA Finalizes Crypto Rules, to Launch Licensing Regime in October 2027

The UK Financial Conduct Authority has finalized a regulatory framework for the broader crypto-asset market and will roll out a full licensing regime starting in 2027. The Block reported on June 29 that the FCA completed its crypto rulebook, includin

CZ Says Political Interference Derailed Binance’s EU MiCA License Bid

Changpeng Zhao, the founder of Binance, said the exchange’s application for a license under the European Union’s Markets in Crypto-Assets regulation, or MiCA, was derailed by political factors just before approval. The Block reported on June 29 that

TD Cowen Says CLARITY Act Passage This Year Is Uncertain, Sees Pre-November Approval as Difficult

TD Cowen took a cautious view on the prospects for the CLARITY Act, a US digital-asset market structure bill, passing this year. Jaret Seiberg, a managing director in TD Cowen's Washington Research Group, wrote in a report that passage of the CLARITY

Analysis: Bitcoin May Have Already Bottomed as Halving Cycle Speeds Up

Bitcoin may have already passed the low point of this cycle, according to a market analysis. CoinDesk reported on June 29 that Jan3 Chief Executive Officer Samson Mow, a prominent Bitcoin bull, argued that Bitcoin has already bottomed and that the tr

India USDT Shortage Deepens as Stablecoin Premium Tops 8.5%

A shortage of Tether’s USDT in India has pushed the local stablecoin premium above 8.5%. USDT traded as high as 102.88 rupees in India, the Economic Times reported on June 29. That was more than 8.5% above the dollar-rupee exchange rate’s June 27 clo

US Spot-Bitcoin ETFs See Record $4.06 Billion of June Outflows

US spot-Bitcoin exchange-traded funds have posted more than $4 billion of outflows this month, the largest monthly net withdrawal on record. CoinDesk reported on June 29 that US spot-Bitcoin ETFs have logged total net outflows of $4.06 billion so far

Dubai’s VARA Issues 50th Virtual-Asset License

Dubai’s Virtual Assets Regulatory Authority has issued its 50th virtual-asset service provider, or VASP, license. Cointelegraph reported on June 29 that VARA granted the new license to Tribe Tokenisation FZE, a tokenized-asset platform. The approval

US Spot-Bitcoin ETFs See Second-Biggest Weekly Outflow, Extend Streak to Seven Weeks

US spot-Bitcoin exchange-traded funds posted net outflows for a seventh straight week, underscoring weakening investor sentiment. Farside Investors data showed US spot-Bitcoin ETFs recorded net outflows of $1.79 billion in the week of June 22 to June