Suehyeon Lee

Trump Pledges $5,000 per Adult if Republicans Hold Congress; Can Bitcoin Repeat a Stimulus-Check Boost?

Payout pledge tied to Republicans holding House and Senate majorities Bitcoin buying rose during pandemic stimulus payments $1.2 trillion cost and congressional approval remain hurdles President Donald Trump’s promise to pay $5,000 to each adult Amer

U.S. Spot Bitcoin ETFs See $450.4 Million in One-Day Outflows, Biggest Since June

U.S. spot Bitcoin exchange-traded funds swung back to net outflows in a single day, with more than $450 million leaving the products. Trader T data on September 16 showed U.S. spot Bitcoin ETFs recorded total net outflows of $450.4 million a day earl

US, China Discuss Tariff Cuts Ahead of Trump-Xi Summit, Raising Hopes for Trade Truce Extension

The US and China are discussing tariff cuts on some goods, including US energy and agricultural products, ahead of a leaders’ summit next week, fueling expectations that the two countries may extend their trade truce. Bloomberg reported on September

Former CFTC Chairman Says Innovation Will Continue Despite CLARITY Act Setback, With SEC and CFTC Committed

The Senate's failure to advance the CLARITY Act is not expected to halt efforts to build a regulatory framework for digital assets in the U.S., with the Securities and Exchange Commission and the Commodity Futures Trading Commission set to remain cen

MARA Holdings Buys 1,292 More Bitcoin Worth About $98.64 Million

U.S. Bitcoin miner MARA Holdings has purchased additional Bitcoin worth about $100 million. On-chain analytics platform Lookonchain said on September 15 that MARA Holdings bought 1,292 Bitcoin through digital-asset prime broker FalconX about nine hou

Bitcoin Leverage Holds Ahead of Fed Decision, Signaling Risk of Sharp Volatility

Bitcoin futures are maintaining a modest long bias ahead of the Federal Reserve's interest-rate decision, according to a market analysis. On Sept. 15, CryptoQuant contributor Theophiluspep wrote that Bitcoin was trading in a range of $76,500 to $76,9

Gold Slips Ahead of Fed Rate Decision as Odds of Hike Reach 92%

Gold weakened ahead of the Federal Reserve's interest-rate decision as higher oil prices and rising Treasury yields fueled concern over tighter monetary policy, with spot bullion trading in the $4,280-an-ounce range. Bloomberg reported that spot gold

Nvidia CEO Jensen Huang to Attend Trump-Xi State Dinner as AI, Chip Issues Take Center Stage

Nvidia Chief Executive Officer Jensen Huang is set to attend a state dinner next week hosted by U.S. President Donald Trump for Chinese President Xi Jinping. Bloomberg reported on September 15 that Huang was invited to the dinner as part of a visit t

CLARITY Act Stall Puts US Crypto Oversight Back in SEC, CFTC Hands

The failure to advance the CLARITY Act in the US Senate has handed responsibility for resolving regulatory uncertainty in the crypto industry back to the Securities and Exchange Commission and the Commodity Futures Trading Commission. Bloomberg repor

Kospi Opens Lower as Treasury Yields, Oil Jump; Foreigners and Institutions Sell

South Korea’s Kospi traded lower early on Sept. 16 as a jump in U.S. Treasury yields and global oil prices curbed appetite for risk assets. As of 9:07 a.m., the Kospi was down 5.27 points, or 0.08%, at 6,632.53. On the main bourse, foreign investors

Coinbase CEO Says Congress Can’t Wait as SEC, CFTC Set to Clarify Crypto Rules

Coinbase Chief Executive Officer Brian Armstrong expressed disappointment after the CLARITY Act failed to advance in the U.S. Senate, but said regulatory clarity for digital assets will still emerge through the Securities and Exchange Commission and

Today’s Key Economic and Crypto Events: FOMC Rate Decision, Fed Chair Kevin Warsh Press Conference

Today’s Key Economic Events ▶ Sept. 16 (Wednesday): △U.S. August retail sales (9:30 p.m. Korea time) △U.S. August import and export prices (9:30 p.m. Korea time) △Day 2 of the FOMC meeting and interest-rate decision (3 a.m. Korea time on Sept. 17) △P

Fed Poised for First Rate Hike in Three Years, Putting Trump-Warsh Ties to the Test

The Federal Reserve is poised to raise interest rates for the first time since 2023 as it responds to inflation pressures, setting up a test of the relationship between Chair Kevin Warsh and President Donald Trump, who has repeatedly called for lower

OpenAI in Early Talks for Fresh Funding at Valuation Above $1.2 Trillion Ahead of IPO

OpenAI, the developer of ChatGPT, is in early talks to raise fresh funding at a valuation of more than $1.2 trillion, Bloomberg reported on Sept. 15. The company is discussing a new financing plan with investors. The talks were initiated by investors

Bessent Says Global Issues Behind Treasury Yield Surge as US 10-Year Tops 5%, Highest Since 2007

US Treasury Secretary Scott Bessent said global factors were the main force behind the recent surge in Treasury yields. Bessent made the remarks to reporters before appearing at a House Financial Services Committee hearing on September 15, Reuters re

Nvidia CEO Huang Says No New AI Rules Are Needed, Arguing Markets Can Protect Safety and Innovation

Nvidia Chief Executive Officer Jensen Huang said new laws or regulations are not needed for artificial intelligence safety, arguing that market self-discipline can ensure both safety and the pace of development. Bloomberg reported on September 15 tha

Two Former Robinhood Engineers Charged by US Prosecutors in Crypto Front-Running Case

Two former Robinhood engineers have been charged by U.S. prosecutors with using advance knowledge of crypto listings to trade perpetual futures. The Block reported on September 15 that federal prosecutors in the Southern District of New York charged

Bitcoin Plunges 5% After CLARITY Act Fails in Senate, Biggest Drop Since June

Selling swept across the cryptocurrency market after the U.S. Senate failed to advance the CLARITY Act, sending Bitcoin down more than 5% and Ether lower by more than 8%. Bloomberg reported that Bitcoin extended its losses immediately after the CLARI

Elizabeth Warren Says Crypto Regulation Must Advance, but She Can’t Back Current CLARITY Act

Sen. Elizabeth Warren, a Massachusetts Democrat, said crypto legislation is necessary but that she opposes the current version of the CLARITY Act before the Senate. The Block reported on September 15 that Warren told reporters the CLARITY Act was Was

US 10-Year Treasury Yield Tops 5.02%, Highest Since 2007

The yield on the US 10-year Treasury note surged to its highest level since 2007 as a jump in Middle East-driven energy prices, inflation worries and heavier government debt supply combined to hammer the bond market. Bloomberg reported on Sept. 15 th

Solana Expands Per-Transaction Data Limit More Than Threefold, Boosting Support for Complex Transactions and Privacy Features

Solana has increased the amount of data that can be included in a single transaction by more than threefold, strengthening the foundation for complex transactions, multisignature functions and privacy applications. CoinDesk reported on September 15 t

Ex-Google DeepMind Researcher Says AI Could Kill Everyone

A researcher who recently left Google DeepMind after working on artificial intelligence safety warned that the current course of AI development could pose a serious threat to humanity. Bilal Chughtai, a former Google DeepMind researcher, wrote on X a

BitFuFu, CleanSpark Post Higher August Bitcoin Output as Canaan Extends Three-Month Decline

BitFuFu and CleanSpark, two U.S.-listed Bitcoin miners, reported higher production in August, while Canaan logged a third consecutive monthly decline. The Block reported on September 15 that BitFuFu mined 174 BTC last month, up more than 55% from 112

U.S. Spot Ether ETFs Log $121.02 Million in Net Inflows for Second Straight Session

More than $100 million flowed into U.S. spot Ether exchange-traded funds in a single day. According to Trader T data on September 15, U.S. spot Ether ETFs recorded total net inflows of $121.02 million the previous day. It was the second consecutive t

U.S. Spot Bitcoin ETFs Draw $160.05 Million, Return to Net Inflows After Five Trading Days

U.S. spot Bitcoin exchange-traded funds attracted more than $100 million in a single day. Trader T data released on Sept. 15 showed U.S. spot Bitcoin ETFs posted total net inflows of $160.05 million the previous day. The funds returned to net inflows

Democrats Prepare Counterproposal to Roll Back GOP Revisions to CLARITY Act Ahead of Senate Vote

Democrats are poised to put forward a counterproposal that would roll back much of the Republicans’ recent revisions to the US Senate’s CLARITY Act ahead of a vote on the bill. Eleanor Terrett, host of Crypto in America, wrote on September 15, citing

Robinhood Chain Nears $1 Billion TVL as Memecoins, Tokenized Stocks Create Growth Loop

Robinhood Chain is nearing $1 billion in total value locked a little more than two months after launch, with a virtuous cycle between memecoins and tokenized stocks helping drive its rapid growth, according to a report. The Block reported on Sept. 14

KRX Night-Trading Debut Sees Retail Take 93% Share as Volatility Curbs Trigger More Than 1,600 Times

Retail investors accounted for more than 90% of turnover in the Korea Exchange’s first night-trading session, while thin liquidity caused volatility interruption curbs to be triggered more than four times as often as during regular trading hours. Acc

Wall Street’s Crypto Expansion Seen Continuing Regardless of Senate CLARITY Act Vote

Wall Street financial firms are poised to keep expanding their digital-asset businesses regardless of whether the U.S. Senate advances the CLARITY Act. Chris Crawford, a partner in Fenwick’s digital assets practice, told CoinDesk on Sept. 14 that the

Analysis: 140,000 Ether Leave Exchanges in Four Days, Easing Selling Pressure

About 140,000 Ether has left exchanges over the past four days, easing selling pressure, according to market analysis. Crypto analyst Ali Martinez wrote on X on September 14 that about 140,000 ETH had been withdrawn from exchanges over the previous 9