Suehyeon Lee

India FIU Seeks Records of OTC Crypto Trades Above $10,000

India’s Financial Intelligence Unit has asked major cryptocurrency exchanges to submit details of over-the-counter trades exceeding $10,000, Cryptopolitan reported on June 23. The FIU recently requested information on OTC transactions above $10,000 f

Dormant Ethereum Whale Sells 1,100 ETH After 7 Years, Realizes $41 Million Gain

A long-dormant Ethereum whale has started selling its holdings, on-chain data showed. On-chain analytics platform Onchain Lens said on June 23 that a whale address inactive for about seven years has sold 1,100 ETH so far, raising about 1.9 million US

Trump Signs Quantum Orders, Sets 2030 Deadline for Shift to Post-Quantum Encryption

President Donald Trump signed two executive orders to boost quantum computing development and address the security threats posed by the technology. The Block reported June 23 that Trump signed Executive Orders 14409 and 14411 a day earlier. The order

US Senate Passes Housing Bill With Fed CBDC Ban

The US Senate has passed a sweeping housing bill that includes a provision barring the Federal Reserve from issuing a central bank digital currency, or CBDC. The Block reported on June 22 that the Senate approved the 21st Century ROAD to Housing Act

Bitcoin Short-Term Holders Step Up Panic Selling as 80,000 BTC Flows to Binance

Bitcoin short-term holders, or STHs, have stepped up panic selling during the recent price correction, sending a large volume of tokens to Binance and adding to selling pressure, according to an analysis. CryptoQuant contributor Darkfost wrote on Jun

Altura to Wind Down Stablecoin Yield Vaults After Surge in Withdrawal Requests

Altura, a decentralized finance protocol, will gradually wind down its stablecoin yield vaults after a wave of withdrawal requests. The Block reported on June 22 that Altura Chief Executive Officer Ranveer Arora wrote on X that the protocol had proce

South Korean Regulators Cautious on Crypto Deregulation, Say Nothing Decided

South Korea's financial and foreign-exchange authorities are taking a cautious stance on easing virtual-asset regulations as the Ministry of SMEs and Startups reviews possible policy changes. Edaily reported on June 22 that the Financial Services Com

US Spot Bitcoin ETFs See $227 Million in Outflows, Extending Streak to Six Weeks

US spot Bitcoin exchange-traded funds posted net outflows for a sixth straight week. Wu Blockchain reported on June 22 that US spot Bitcoin ETFs recorded total net outflows of $227 million in the week of June 14-18. That marked a sixth consecutive we

South Korea’s FSC Seeks to Add Virtual Asset Law to Regulatory Sandbox

South Korea’s Financial Services Commission said June 22 that it will expand the scope of its financial regulatory sandbox and review adding the Virtual Asset User Protection Act and other laws to the list of statutes eligible for regulatory exemptio

Bitcoin Must Reclaim $72,100 to Resume Bullish Trend as New Whale Selling Weighs

Bitcoin needs to reclaim $72,100, the average entry price for newly accumulated whale investors, to enter a sustained bull market, according to a CryptoQuant analysis. Burak Kesmeci, a CryptoQuant contributor, wrote on June 21 that the $72,100 level

Taiko Confirms Breach in Verification Mechanism, Urges Immediate Bridge Withdrawals

Taiko, a layer-2 blockchain project, urged users to immediately withdraw funds from its bridges after confirming a breach in its chain state verification mechanism. Wu Blockchain reported on June 21 that Taiko disclosed in a post on its official X ac

Toss Bank, Solana Foundation Sign MOU on Blockchain-Based Financial Infrastructure

Toss Bank said June 22 that it will work with the Solana Foundation to build next-generation financial infrastructure based on blockchain technology. The bank signed a memorandum of understanding with the Solana Foundation on June 19. The Solana Foun

FIU Chief Cites Crypto Regulatory Arbitrage, Calls for Global Framework

South Korea’s Financial Intelligence Unit, the anti-money laundering arm of the Financial Services Commission, said differences in virtual-asset regulations across countries could weaken the effectiveness of anti-money laundering regimes and called f

Today’s Top Economic and Crypto Events: Fed Governor Waller to Speak, Litecoin Summit Begins

Today’s Top Economic Events ▶︎ June 22 (Monday): Christopher Waller, a Federal Reserve governor, is scheduled to speak at 10 p.m. Korea Standard Time. Today’s Top Crypto Events ▶︎ June 22 (Monday): Litecoin (LTC) Summit Amsterdam runs from June 22 to

Solana Enters Strong Resistance Zone, Faces Risk of Pullback to $71

Solana has entered a strong short-term resistance zone, raising the possibility of a price correction, crypto analyst Ali Martinez wrote. In a post on X on June 21, Martinez said Solana was running into heavy resistance. Since a TD Sequential buy sig

WSJ Says Polymarket Used Fake Betting Videos in Social Media Push

Polymarket, the decentralized prediction-market platform, is facing allegations that it produced and distributed fake betting videos as part of a social media marketing campaign. The Wall Street Journal, citing a June 21 report from The Block, said P

Oil Rebounds as Trump Warning on Iran Revives Uncertainty Over US-Iran Talks

International oil prices rose after President Donald Trump warned of possible military action against Iran. Bloomberg reported on June 21 that Brent crude climbed as much as 2.2% intraday to $82.30 a barrel, while West Texas Intermediate traded near

Hyperliquid Token Hits Record $76.90 After Surging More Than 90% in a Month

Hyperliquid's native token has soared over the past month, helped by institutional demand and rising trading volumes. 10x Research said in a report released June 21 that Hyperliquid rose to an all-time high of $76.90 on June 16. The token has gained

U.S.-Iran Nuclear Talks Continue in Switzerland Despite Breakdown Reports

Senior U.S. and Iranian officials are still in talks in Switzerland, according to people familiar with the matter, rebutting reports that the negotiations had been suspended. Bloomberg reported on June 21 that Iranian semi-official media said Tehran

Saylor Hints at More Bitcoin Buying With ‘More Dots’ Post

Strategy Chairman Michael Saylor hinted at another Bitcoin purchase. Saylor shared a chart on X on June 21 showing Strategy’s Bitcoin holdings and wrote, “Looks better with more dots.” The post was interpreted by the market as a signal that the compa

Tiger Research Says Solana Is Emerging as Core Infrastructure for Internet Capital Markets, With JPMorgan and Visa Among Users

Tiger Research said Solana is emerging as core infrastructure for the next generation of Internet Capital Markets, or ICM. In a report released June 19 titled “Internet Capital Markets 2026: Structural Changes in the US and the Direction of Asian Ins

Bitcoin Near 200-Week Average, Entering Historically Strong Buy Zone

Bitcoin is trading near its 200-week simple moving average, a long-term trend line that has historically marked a strong entry point for investors, according to an analysis. CoinDesk reported on June 18 that Thomas Perfumo, Kraken's chief economist,

US House Ready to Fast-Track CLARITY Act if Senate Moves Ahead Before August Recess

The US House is prepared to move quickly on the CLARITY Act, a digital-asset market structure bill. Eleanor Terrett, host of CryptoAmerica, reported on June 18 that Dusty Johnson, chairman of the House Agriculture Committee’s digital assets subcommit

Goldman Says Hormuz Oil Flows May Stabilize at 70% of Prewar Levels

Expectations are rising that oil shipments through the Strait of Hormuz will normalize after the U.S.-Iran ceasefire, but traffic may not fully return to prewar levels. Goldman Sachs said in a report, according to Bloomberg on June 18, that crude flo

Fidelity Launches Stablecoin Reserve Fund as Wall Street Competition Intensifies

Fidelity Investments is entering the market for stablecoin reserve management, escalating competition among Wall Street financial firms. CoinDesk reported on June 18 that Fidelity will launch the Fidelity Reserves Digital Fund, a money-market fund fo

US Spot Ethereum ETFs Reverse to $29.35 Million in Net Outflows

US spot Ethereum exchange-traded funds swung back to net outflows on June 17. Data compiled by Trader T showed US spot Ethereum ETFs recorded combined net outflows of $29.35 million that day, reversing course after two consecutive trading sessions of

US Spot Bitcoin ETFs See $82.17 Million in Net Outflows After One-Day Inflow

US spot Bitcoin exchange-traded funds returned to net outflows after a one-day inflow. Data from Trader T showed the funds recorded combined net outflows of $82.17 million on June 17. The group had posted net inflows a day earlier. Ark Invest’s ARKB

Grayscale Says Aave Is Undervalued, Sees Fair Value Reaching $175 on Regulatory Clarity

Grayscale Research said Aave’s governance token is currently undervalued. In a report released June 17, the firm estimated Aave’s current fair value at $80 to $100. It based that estimate on projected 2026 revenue of $60 million and a 20x to 25x earn

Sen. Lummis Says Digital Assets Restore Access to ‘Sound Money’

U.S. Senator Cynthia Lummis underscored the importance of digital assets and called for protecting the industry. In a post on X on June 17, Lummis wrote that “sound money” is part of the foundation on which the US was built and that digital assets ar

Bitcoin, Ether Open Interest Drops $1.7 Billion in Broad Deleveraging

About $1.7 billion in open interest was erased from the Bitcoin and Ether derivatives market, signaling a broad deleveraging event. CryptoQuant contributor Amr Taha wrote on June 17 that Binance's Bitcoin and Ether futures markets saw simultaneous le