Suehyeon Lee

Oil Rises for Fourth Day as US-Iran Standoff Keeps Hormuz Tensions High

Oil rose for a fourth straight day as uncertainty surrounding the Strait of Hormuz persisted amid the US-Iran standoff. According to Bloomberg, October West Texas Intermediate crude traded above $84 a barrel on Aug. 19. Brent closed near $92 a barrel

Democratic Senator Says CLARITY Act Can Still Pass, but Ethics Deal Is Key

Sen. Ruben Gallego, a key Democratic negotiator on the CLARITY Act, the US crypto market structure bill, said the measure can still pass but needs an agreement with the White House on ethics provisions. The Block reported on August 19 that Gallego st

Ethereum Jumps 18.5% in a Day, Briefly Tops $2,300 as $736.5 Million in Shorts Liquidated in 4 Hours

Ethereum surged more than 18% in a day and briefly climbed above $2,300, triggering a broad wave of short liquidations across the crypto market. Wu Blockchain said on August 19 that Ethereum on Binance briefly rose past $2,300 and was recently tradin

Trump Says CFTC Is Working to Bring Hyperliquid to US; HYPE Jumps 17%

Hyperliquid’s native token HYPE posted a double-digit gain after President Donald Trump said the Commodity Futures Trading Commission is working to bring the decentralized derivatives platform into the US market in a fully compliant, legal manner. Th

Analysis: Bitcoin Spot, Perpetual Futures Demand Recover Together for First Time in Months

Bitcoin demand in the spot and perpetual futures markets is recovering at the same time for the first time in months, drawing attention to whether the latest price rebound can last. On Aug. 19, CryptoQuant contributor RugaResearch wrote that the 30-d

Bitcoin Holds Above $64,000 Despite Chip Stock Rout, Leaving Crypto Largely Unshaken

Bitcoin and the broader cryptocurrency market remained relatively resilient even as a surge in bond yields triggered a sharp selloff in global semiconductor shares. Bitcoin traded around $64,250 on Aug. 19, up slightly from a day earlier, CoinDesk re

Kalshi Files With CFTC to List Perpetual Futures Tied to US Stock Index, Copper

Prediction-market platform Kalshi has filed with the US Commodity Futures Trading Commission to list perpetual futures tied to a US stock index and copper prices. Crypto news outlet The Block reported on August 19 that Kalshi submitted applications t

U.S. Spot Ether ETFs Draw $71.47 Million, Marking Fourth Straight Day of Inflows

U.S. spot Ether exchange-traded funds extended their inflow streak. Trader T data showed the funds recorded combined net inflows of $71.47 million on August 18, marking a fourth consecutive trading day of net inflows. BlackRock's ETHA led the gains w

US Spot-Bitcoin ETFs Draw $189.31 Million, Marking Second Straight Day of Inflows

U.S. spot-Bitcoin exchange-traded funds attracted more than $100 million in fresh capital in a single day. Trader T data released on Aug. 19 showed U.S. spot-Bitcoin ETFs recorded total net inflows of $189.31 million the previous day, extending their

BounceBit Launches Borobudur, Offering 0% Credit Against Franklin Templeton’s BENJI

CeDeFi platform BounceBit has launched a new credit layer that offers zero-interest borrowing backed by tokenized money-market funds and crypto investment strategies. Wu Blockchain reported on Aug. 18 that BounceBit had rolled out Borobudur, a credit

Cuomo Says US Is Lagging on Crypto Rules, Urges Congress to Pass CLARITY Act

Former New York Governor Andrew Cuomo urged Congress to quickly pass the CLARITY Act, saying the US is already falling behind in the global race to regulate digital assets. CoinDesk reported on August 18 that Cuomo made the remarks at the SALT confer

Ripple CLO Says Sept. 15 Senate Vote Is Pivotal for Clarity Act

Ripple Chief Legal Officer Stuart Alderoty said Sept. 15 will be a pivotal date for determining whether the Clarity Act, a US crypto market structure bill, can advance through Congress. Alderoty told The Block on Aug. 18 at the Wyoming Blockchain Sym

Kospi Drops as Much as 6.8% as Rising Yields Hit Samsung, SK Hynix on AI Spending Fears

Rising global bond yields hammered the Kospi as concern mounted that higher borrowing costs could weigh on Big Tech spending on artificial intelligence. On Aug. 19, the Kospi fell as much as 6.8% intraday before paring some of the decline. Samsung El

Japan Stocks Slide for Second Day as Surging Bond Yields Hit AI-Related Shares

Japanese stocks slumped for a second straight day on Aug. 19, led by semiconductor shares, as surging government bond yields fueled concerns that investment in artificial intelligence could slow. The Nikkei 225 fell as much as 3.1% as of 9:18 a.m. in

Robinhood CEO Says US Needs Rules for Tokenized Stocks or Risks Losing Ground Overseas

The U.S. could lose leadership in next-generation financial market infrastructure to overseas rivals if it does not move quickly to establish a regulatory framework for tokenized stocks. CoinDesk reported on August 18 that Robinhood Markets Inc. Chie

Kospi Tumbles 5% to 6%, Triggering Sell-Side Sidecar

Kospi Opens Down 5% at 6,528.77

The Kospi opened down 5% at 6,528.77.

Today’s Key Economic and Crypto Events: Fed’s July FOMC Minutes, U.S. Crude Inventories

Today’s Key Economic Events ▶ Aug. 19 (Wednesday): U.S. crude oil inventories (11:30 p.m. Korea Standard Time); minutes of the Federal Open Market Committee’s July meeting (3 a.m. Korea Standard Time on Aug. 20); China’s August five-year loan prime r

Coinone Renews KakaoBank Real-Name Account Deal Through August 2027

Coinone said Aug. 19 that it had renewed its contract with KakaoBank for the issuance of real-name verified deposit and withdrawal accounts. Under the renewed agreement, the two companies' real-name account partnership will be extended by one year th

Oil Rises for Fourth Straight Session as US-Iran Talks Stall; WTI Tops $85

International oil prices rose for a fourth straight trading day as the war between the US and Iran approached the six-month mark with no sign of progress in negotiations. WTI crude climbed above $85 a barrel on August 18, Bloomberg reported. The US b

Verse8, Nexpace Open MapleStory Vibe Camp Season 2 With $15,000 in NXPC Prizes

Verse8, an artificial intelligence game creation and publishing platform, said Aug. 19 that it will hold MapleStory Vibe Camp Season 2, a global game jam, with Nexpace, Nexon’s blockchain subsidiary. The event will run for four weeks from Aug. 19 thr

FASB Proposes Letting Some Stablecoins Be Classified as Cash Equivalents

The Financial Accounting Standards Board has proposed an accounting rule change that would allow certain stablecoins to be classified as cash equivalents. CoinDesk reported on Aug. 18 that the draft amendment would treat stablecoins as cash equivalen

Solana Policy Institute Sees 10% Odds of CLARITY Act Passing Before November Midterms

The CLARITY Act, a US crypto market-structure bill, has only a 10% chance of passing before the November midterm elections, The Block reported. Miller Whitehouse-Levine, chief executive officer of the Solana Policy Institute, gave that estimate at th

White House Optimistic CLARITY Act Will Clear Key Sept. 15 Senate Vote

The White House expressed strong confidence that the CLARITY Act, a US crypto market structure bill, will advance as it heads toward its first Senate vote in September. White House digital assets adviser Patrick Witt told the SALT conference in Wyomi

Ripple Prime Raises $275 Million in Private Debt to Expand US Business

Ripple Prime, Ripple’s prime brokerage unit, raised $275 million in the private debt market to expand its US business. Bloomberg reported on August 18 that Ripple Prime sold $275 million of privately placed senior unsecured notes due in 2031. The not

Anthropic Seeks to Boost Credit Line Beyond $10 Billion Ahead of IPO

Anthropic is seeking to expand its revolving credit facility beyond an initial $10 billion target as the artificial intelligence company prepares for an initial public offering. Bloomberg reported on Aug. 18 that Anthropic is targeting about $10 bill

Ethereum Foundation Says Glamsterdam Upgrade Could Break Some Wallets, Indexers

The Ethereum Foundation warned that some wallets, indexers and gas estimation tools could stop working after the planned Glamsterdam upgrade. Cointelegraph reported on August 18 that the foundation's Protocol DevOps team said tools that treat the gas

Kraken Parent Payward Joins Anthropic AI Security Project

Payward, the parent of cryptocurrency exchange Kraken, has joined Anthropic's artificial intelligence security initiative. CoinDesk reported on Aug. 18 that Payward became part of Anthropic's Project Glasswing. The security initiative gives selected

Bitcoin Reclaims $64,000, Lone Major Crypto to Post Meaningful Gain

Bitcoin reclaimed the $64,000 level, outperforming other major cryptocurrencies. CoinDesk reported on Aug. 18 that Bitcoin was trading above $64,000, up more than 1% from a day earlier. It also posted a slight weekly gain, making it the only major cr

Coinone Launches 2026 Brand Campaign Spotlighting Stock Link, AI Trading

Coinone said Aug. 18 that it will unveil a main video series for its 2026 brand campaign, highlighting key services including stock-investment links and artificial intelligence-based trading. The release marks the full-scale launch of the exchange’s