Suehyeon Lee

Robinhood Prediction-Market Revenue to Top Crypto in Second Quarter, Analysts Say

Robinhood Markets Inc.'s prediction-markets business may generate more revenue than its cryptocurrency trading unit as soon as the second quarter, according to Bernstein and Piper Sandler analysts. Bernstein and Piper Sandler expect Robinhood's secon

US Senate Crypto Market Structure Bill Snags on Fight Over Ethics Enforcement

The Clarity Act, a US crypto market structure bill, is facing delays in the Senate as Democrats and Republicans remain at odds over who should enforce its ethics provisions. CoinDesk reported on July 21 that Democrats are insisting state attorneys ge

Ahn Do-geol Urges Swift Passage of Digital Asset Law, Says Democratic Party Has Draft Bill Ready

Ahn Do-geol, a lawmaker from the Democratic Party of Korea, called for swift enactment of the Digital Asset Basic Act to build digital payment infrastructure for the age of artificial intelligence agents. Speaking in a congratulatory address at the K

Grayscale Files for First US Worldcoin ETF

Grayscale has filed a registration statement to launch the first US exchange-traded fund tied to Worldcoin (WLD). Crypto media outlet Cointelegraph reported on July 21 that Grayscale submitted an S-1 registration statement for a Worldcoin ETF to the

Park Young-sun Calls Stablecoins AI-Era Payments Infrastructure, Urges Faster Lawmaking

Park Young-sun, chair of the Strategic Economy Advisory Group at South Korea’s Ministry of Economy and Finance, said stablecoins should be treated as core payments infrastructure for the artificial intelligence era and that related legislation needs

US Spot Ether ETFs Draw $38 Million for Second Straight Trading Day

US spot Ether exchange-traded funds extended their streak of net inflows. The funds recorded combined net inflows of $38 million on July 21, according to Farside Investors. It was the second consecutive trading day of net inflows. BlackRock's ETHA le

US Spot-Bitcoin ETFs Draw $226.8 Million, Marking Fifth Straight Day of Inflows

U.S. spot-Bitcoin exchange-traded funds recorded more than $200 million in net inflows in a single day. Farside Investors data showed U.S. spot-Bitcoin ETFs drew a combined $226.8 million on July 20, extending their run of net inflows to five straigh

Strategy Says Dividend Can Be Sustained for Up to 31 Years With Bitcoin Reserves

Strategy can maintain its current dividend payout for about 1.8 years using its existing dollar reserves alone, or for as long as 31 years when its Bitcoin reserves are included. Chaitanya Jain, Strategy’s Bitcoin strategy manager, wrote in a post on

Polymarket Refers 100 Suspect Wallets to Law Enforcement in Insider-Trading Clampdown

Polymarket, the decentralized prediction-market platform, has tightened its surveillance of insider trading and referred about 100 suspect wallets to law enforcement. Bloomberg reported on July 20 that the company had strengthened its monitoring of t

London Stock Exchange Plans Night Trading Service Launch in First Half of 2027

The London Stock Exchange plans to launch a night trading service in the first half of 2027. Cointelegraph reported on July 20 that LSE is building a night trading platform separate from its daytime market. The platform will operate from 5 p.m. to 7:

Arthur Hayes Buys More Ether, Deploying $5 Million Over Five Days

BitMEX co-founder Arthur Hayes has increased his Ether holdings. On July 20, on-chain analyst EmberCN reported that Hayes bought another $2.5 million worth of Ether through over-the-counter trades with FalconX and Cumberland. The purchase price was a

Korean Stock Volatility Surpasses Bitcoin as Samsung, SK Hynix Concentration Fuels Swings

Volatility in South Korea's stock market has surpassed that of Bitcoin, according to a Bloomberg analysis. Bloomberg reported on July 20 that the Kospi Index's volatility has risen above 60% this year, about double that of Japan's Nikkei 225. That is

Coinone to Operate Large Brand Experience Zone at Waterbomb Sokcho 2026

Coinone said July 21 that it will operate a large-scale brand experience zone at Waterbomb Sokcho 2026, scheduled for Aug. 22. The cryptocurrency exchange is joining the event as its main title sponsor. It will set up a two-story experience space und

Bitcoin Tops $65,000 Despite Tech Selloff, With $70,000 Rally in View

Bitcoin continued to show relative strength despite a sharp selloff in AI-related technology stocks and rising Treasury yields, underscoring its decoupling from traditional financial markets. Cointelegraph reported on July 20 that Bitcoin climbed abo

US ADP Weekly Employment Change Report Tops July 21 Economic Calendar

Key Economic Events for July 21 ▶︎ July 21 (Tuesday): U.S. ADP weekly employment change report (9:15 p.m. Korea Standard Time; 7:15 a.m. U.S. time) Key Cryptocurrency Events for July 21 ▶︎ July 21 (Tuesday):

Oil Holds Gains as US-Iran Clashes Persist, Houthis Threaten Saudi Red Sea Shipping

Oil held its gains as clashes between the US and Iran continued and Yemen’s Houthi rebels threatened to block Saudi Arabia’s Red Sea shipping. Bloomberg reported on July 20 that West Texas Intermediate for September traded near $83 a barrel. WTI has

Hana Financial, Dunamu Expand Digital Finance Tie-Up to Include Won Stablecoins, STOs, RWAs

Hana Financial Group and Dunamu are expanding their partnership into digital finance, including won-denominated stablecoins, security token offerings and real-world asset tokenization. Yonhap News reported on July 21 that the companies recently held

White House Said to Agree on Ethics Package for CLARITY Act, Send Language to Republicans

The White House has agreed on an ethics package to be included in the CLARITY Act, a cryptocurrency market structure bill, according to a report. Eleanor Terrett, host of Crypto in America, said on July 20, citing multiple industry sources, that the

White House Crypto Adviser Witt Delays Military Training to Finish CLARITY Act Work

Patrick Witt, executive director of the White House Digital Asset Advisory Council, will remain in his post after his military training was postponed, allowing him to continue work on digital-asset policy and legislation related to the CLARITY Act. I

US Launches New Airstrikes on Iran to Weaken Military Capabilities

The US military has launched a new round of airstrikes aimed at weakening Iran's military capabilities used to attack commercial vessels in the Strait of Hormuz. US Central Command said on July 20 that the strikes began at 4 p.m. under the direction

Cardano Completes Van Rees Hard Fork, Upgrades Mainnet to Version 11

Cardano has completed the Van Rees hard fork, upgrading its mainnet to version 11. The upgrade is designed to lower smart-contract execution costs and lay the groundwork for broader scalability improvements. Cointelegraph reported on July 20 that on-

US Spot Ether ETFs Draw $105 Million in Net Inflows Last Week; Bitcoin ETFs Add $75.67 Million

US spot Ether exchange-traded funds recorded $105 million of net inflows last week. Wu Blockchain reported on July 20 that US spot Ether ETFs drew a combined $105 million in net inflows during the July 13-17 period. US spot Bitcoin ETFs attracted $75

Dormant Bitcoin Whale Moves 700 BTC After 5 Years, Holdings Now Worth $45.3 Million

A Bitcoin whale wallet that had been dormant for five years has moved 700 BTC. Onchain Lens said on July 20 that the whale transferred the holdings to another address after keeping them untouched for five years. The Bitcoin was originally purchased f

Aurora Mainnet Goes Down as TVL Drops More Than 99% From Peak

Aurora, an Ethereum Virtual Machine-compatible network built on NEAR Protocol, has suffered a mainnet outage. Onchain Lens reported that Aurora’s mainnet stopped operating at 2:16:11 a.m. UTC on July 20 and remains unavailable. Aurora is an EVM-compa

Hyperliquid to Enable Permissionless HIP-4 Prediction Market Launches With 500,000 HYPE Stake

Hyperliquid plans to support permissionless deployment of HIP-4-based outcome prediction markets. Wu Blockchain reported on July 20 that Hyperliquid will first roll out HIP-4 outcome prediction markets on testnet in a future upgrade. It then plans to

Japan’s AZ-COM Maruwa Plans JPYC Payments for 2,300 Partners

AZ-COM Maruwa Holdings, a major Japanese logistics company, plans to use yen-denominated stablecoin JPYC to make payments to about 2,300 partner companies. Nikkei reported on July 20 that the company will use JPYC to pay fees and compensation to sole

South Korea Restarts Digital Asset Framework Bill Talks After Four-Month Hiatus

South Korea is restarting legislative discussions on the Digital Asset Framework Act, the second phase of its virtual-asset legislation, about four months after talks were halted following the collapse of a party-government meeting in March. Chosun B

US Central Command Completes Ninth Straight Day of Strikes on Iran, Hitting Military Command Sites

The US military completed a ninth straight day of airstrikes targeting Iran’s military command facilities, missile and drone launch sites, and other assets. US Central Command said July 19 that it had successfully concluded the nine-day operation aga

Allbridge Core Loses $1.65 Million in Hack, Stolen Funds Moved to Ethereum

Allbridge Core, a cross-chain bridge protocol, lost about $1.65 million in a hacking attack. On-chain analyst Hupzy wrote on July 19 that the hacker moved the stolen funds from the Solana network to the Ethereum network. Hupzy said the rapid cross-ch

Gold Falls Below $4,000 as Fed Rate-Hike Fears Outweigh Escalating US-Iran Conflict

Gold fell below $4,000 even as military clashes between the US and Iran intensified, with mounting inflation concerns fueling expectations that the Federal Reserve may raise interest rates again. According to Bloomberg, spot gold traded at about $3,9