Suehyeon Lee

Tiger Research Says On-Chain Data Infrastructure Is Critical for Finance Adoption, Spotlights Lambda256

Tiger Research said the expansion of digital assets into mainstream finance is increasing the need for reliable data infrastructure. In a report, the firm said on-chain data is publicly available but not in a form that traditional financial systems c

US Spot Bitcoin, Ether ETFs Return to Weekly Inflows After Nine Weeks

U.S. spot Bitcoin and Ether exchange-traded funds posted net weekly inflows for the first time in about nine weeks. The Block, citing SoSoValue data on July 12, reported that U.S. spot Bitcoin and Ether ETFs attracted a combined $281.8 million in net

Oil Climbs as US-Iran Strikes Escalate, Adding to Confusion Over Hormuz Closure

Oil rose after the US and Iran exchanged further airstrikes. Brent crude traded above $78 a barrel on July 12, while West Texas Intermediate hovered near $74, Bloomberg reported. European natural gas prices also climbed as much as 2.7% intraday. Iran

Stablecoin Market Cap Down More Than $10 Billion From May Peak, Not Seen as Threat to Long-Term Growth

The total market capitalization of stablecoins has fallen by more than $10 billion from its May peak, marking the steepest drop since 2023. CoinDesk reported on July 12 that the stablecoin market lost $7.7 billion in June alone, the largest monthly d

Revised US Clarity Act Draft Due This Week Without Ethics Provision

A revised draft of the Clarity Act, a crypto market-structure bill under discussion in Congress, is due this week. The updated measure is expected to omit an ethics provision, a key sticking point, leaving further negotiations before a Senate vote. C

US Launches Additional Airstrikes on Iran to Weaken Threat to Commercial Shipping

The US military has launched additional airstrikes on Iran to weaken its ability to attack civilian and commercial vessels passing through the Strait of Hormuz. US Central Command said in a post on X on July 12 that its forces began the additional st

US Central Command Says Iran Does Not Control Strait of Hormuz, Is Ready to Defend International Waterway

U.S. Central Command rejected Iran's claim that it controls the Strait of Hormuz and said it is prepared to ensure free navigation for international shipping. In a post on its official X account on July 12, Central Command said the commander of the I

Robinhood Chain DEX Volume Surpasses $560 Million, Sets Record High

Robinhood Chain's decentralized exchange volume hit a record high. Wu Blockchain reported on July 9 that DEX volume on Robinhood Chain surpassed $560 million on July 8, setting a new all-time high. Daily active addresses neared 200,000 that same day.

Strait of Hormuz Shipping Slumps as US-Iran Clashes Stoke Energy Supply Fears

Shipping through the Strait of Hormuz, a vital chokepoint for global crude flows, has dropped sharply as military clashes between the US and Iran intensify. Bloomberg reported on July 9 that vessel traffic through the strait had fallen to near-halt l

EU Weighs MiCA Rewrite in Response to US Stablecoin Law

The European Union is considering changes to its Markets in Crypto-Assets framework, or MiCA, in response to US stablecoin legislation, Cointelegraph reported on July 9. Citing a Euronews report published the same day, Cointelegraph said EU authoriti

US Spot Ether ETFs Post $70.5 Million of Net Inflows for Fifth Straight Session

US spot Ether exchange-traded funds recorded net inflows for a fifth straight trading session. Data from Trader T showed the funds took in a combined $70.5 million in the previous US trading session, as of July 9 in Asia. Fidelity’s FETH led the infl

US Spot-Bitcoin ETFs See $84.9 Million in Net Outflows, Snapping Four-Day Inflow Streak

US spot-Bitcoin exchange-traded funds returned to net outflows. According to Trader T data on July 9, the funds posted combined net outflows of $84.9 million in the previous session. That marked a return to net outflows after four trading days. Black

Fed ETF Purchases in a Stock Slump Could Also Lift Crypto, Analysts Say

The Federal Reserve could consider buying stock exchange-traded funds in the event of a sharp equity-market selloff, a move that may also benefit cryptocurrencies by expanding liquidity, according to market participants. Cointelegraph reported on Jul

Whales Resume Buying Gold Tokens as Abraxas Withdraws $15.97 Million in XAUT

Whale investors are resuming purchases of Tether Gold (XAUT) as bullion prices extend their gains. Lookonchain said on July 8 that crypto investment firm Abraxas Capital withdrew 3,931 XAUT, worth about $15.97 million, from an exchange about 12 hours

allabo X Unveils RESCENE’s Official Character REMINI Ahead of 2026 Character Licensing Fair Debut

allabo X, a global character intellectual property and platform planning and production company, said Thursday it has unveiled REMINI, the official character for girl group RESCENE, and will give the project its first offline showcase at the 2026 Cha

Tokenized Stock Transfers Jump 105% in a Month, Topping $8.41 Billion

The tokenized stock market is growing rapidly, with transfer volume more than doubling in the past month. Cointelegraph reported on July 8, citing data from real-world asset platform RWA.xyz, that tokenized stock transfer volume climbed 105% over the

Russia’s Alfa-Bank Plans Crypto Expansion, Seeks Digital-Asset Custody License

Alfa-Bank, Russia’s largest private bank, plans to expand into digital-asset businesses, including cryptocurrency custody services. Wu Blockchain reported on July 8 that Alfa-Bank aims to obtain a regulated digital-asset custody license and offer cry

U.S. Weekly Jobless Claims, June Existing Home Sales Lead Thursday Calendar

Economic Calendar ▶ July 9 (Thursday): U.S. weekly initial jobless claims (9:30 p.m. Korea Standard Time); U.S. June existing home sales (11 p.m. Korea Standard Time) Cryptocurrency Calendar ▶ July 9 (Thursday): No major events scheduled

Oil Jumps as US Launches Second Day of Iran Strikes, WTI Tops $75

International oil prices surged after the US launched airstrikes against Iran for a second straight day, renewing concerns over energy supply disruptions in the Middle East. According to Bloomberg, West Texas Intermediate rose as much as 2.2% intrada

Bitcoin Threatens $60,000 Support as US-Iran War, Strategy Sales Add Pressure

Bitcoin is threatening support at $60,000. Downward pressure is building as an escalating US-Iran war lifts oil prices, Strategy sells Bitcoin, and India moves to tighten digital-asset regulation. Cointelegraph reported on July 8 that Bitcoin fell 3.

Wyden Urges Senate to Preserve Blockchain Developer Protections in Clarity Act

Sen. Ron Wyden urged Senate leaders to keep language in the Clarity Act, a crypto market-structure bill, that would shield blockchain software developers. The Block reported on July 8 that Wyden, an Oregon Democrat, sent a letter this week to Senate

Trump Says Iran Will Face Much Stronger Response if Ship Attacks Recur

President Donald Trump condemned Iran over attacks on ships and warned that any further provocation would trigger a much stronger response. Writing on Truth Social on July 8, Trump said the latest action was retaliation for Iran’s bombing of a vessel

Tiger Research Says RWA Shift Lies in Financial Infrastructure, With Canton Network Built for Institutions

Tiger Research said July 8 that while market attention has focused on tokenized Treasuries, the real transformation is taking place across the broader financial system, citing its report on the global blockchain network Canton Network. The report sai

Japanese Companies Add Bitcoin, XRP to Reserves as Yen Slumps

Japanese companies are increasingly adding Bitcoin and XRP to their reserve assets instead of holding cash as the yen trades near its weakest level in more than four decades, according to an analysis. CoinDesk reported on July 8 that SBI VC Trade, th

Upbit to Pilot Customer Desk at The Hyundai Daegu, Marking First Expansion Beyond Seoul

Dunamu, operator of digital-asset exchange Upbit, said July 8 that it will launch a pilot Upbit customer desk at The Hyundai Daegu to broaden its reach with local customers. The desk will operate through Sept. 23 at the customer service lounge on the

US Spot Ether ETFs Draw $25.2 Million, Extend Inflow Streak to Four Sessions

US spot Ether exchange-traded funds extended their net inflow streak. Trader T data released on July 8 showed US spot Ether ETFs recorded $25.2 million in net inflows a day earlier. That marked a fourth straight trading session of net inflows. BlackR

US Spot-Bitcoin ETFs Draw $21.09 Million, Marking Third Straight Day of Inflows

US spot-Bitcoin exchange-traded funds extended their streak of net inflows. Data from Trader T showed US spot-Bitcoin ETFs recorded net inflows of $21.09 million in the previous session, the third consecutive trading day of inflows. BlackRock's IBIT

Bithumb Opens Exclusive Presale for Members for Korean Premiere Preview of 'Frozen' Musical

Bithumb said on July 8 that it will open an exclusive presale for members for preview performances of the Korean premiere of the musical "Frozen." The presale is intended to offer members differentiated cultural benefits. Bithumb members can select s

Judge Torres Denies Kalshi Bid to Block New York Sports-Event Contract Suit

Analisa Torres, the judge who handled Ripple Labs' XRP case, has denied prediction-market platform Kalshi's request for emergency relief. The decision allows New York state's lawsuit over sports-event contracts to proceed. Eleanor Terrett, host of Cr

Pump.fun Sells More Solana, Bringing 2024 Liquidations to $805 Million

Pump.fun, a Solana-based memecoin platform, appears to have carried out another large sale of Solana (SOL) accumulated through fee revenue. On July 7, on-chain analyst EmberCN said Pump.fun transferred 122,500 SOL, worth about $10.08 million, to cryp