Suehyeon Lee

Injective, Musicow US Partner on K-Content Copyright Tokenization

Injective said May 12 that it formed a partnership with Musicow US for a real-world asset, or RWA, tokenization business tied to K-content copyrights. The partnership is aimed at converting K-content copyrights into on-chain financial products and ex

Bithumb Takes Campus Tour to University Festivals Across South Korea to Expand Youth Outreach

Bithumb, a South Korean cryptocurrency exchange, said on May 12 that it is holding a "Campus Tour" during festival periods at major universities across the country to broaden its engagement with college students. The campaign was designed to build br

Solana Buying Spreads Across Spot and Futures Markets as $39.23 Million in ETF Inflows Boosts Momentum

Solana is gaining momentum as inflows into spot exchange-traded funds spur broader buying across both spot and futures markets. Cointelegraph reported on May 11 that spot Solana ETFs drew net inflows of $39.23 million last week, the strongest weekly

Ray Dalio Says Bitcoin Falls Short as Safe Haven; Saylor Fires Back on Transparency

A debate over Bitcoin's role as a safe-haven asset has resurfaced among two prominent investors. On May 11, Bridgewater Associates founder Ray Dalio wrote on X that while Bitcoin has drawn broad attention, it has not met expectations as a safe-haven

Gold Holds Near $4,740 on Hormuz Tensions, Inflation Fears; Silver Surges

Gold held onto its gains as geopolitical tensions in the Middle East and mounting inflation concerns supported demand for haven assets. Bloomberg reported on May 11 that spot gold traded near $4,740 an ounce, steady around the previous session’s leve

Revised CLARITY Act Text Nears Release as Crypto Industry Watches Senate Draft

A revised version of the CLARITY Act, a US bill aimed at setting the market structure for digital assets, appears close to release. Eleanor Terrett, host of CryptoAmerica, wrote on X on May 11 that the crypto industry is watching for Senate Banking C

Oil Holds Above $100 as Hormuz Tensions Persist; Trump Says Ceasefire Uncertain

International oil prices held above $100 a barrel as fears of prolonged tensions in the Middle East kept energy markets on edge. Bloomberg reported on May 11 that Brent crude traded above $104 a barrel, extending the previous day's gains. West Texas

Today’s Key Economic and Crypto Events: US April CPI Due

Today’s Key Economic Events ▶︎ May 12 (Tuesday): △ US April consumer price index (CPI) at 9:30 p.m. Korea Standard Time △ US April core consumer price index (Core CPI) at 9:30 p.m. Korea Standard Time △ US April NFIB Small Business Optimism Index at

Kevin Warsh Clears Key Senate Hurdle as Powell’s Term Nears End

Kevin Warsh, President Donald Trump’s nominee to be the next Federal Reserve chair, has cleared a key step in the Senate confirmation process. Walter Bloomberg reported on May 11 that Warsh advanced past a major procedural hurdle in the Senate. After

Nvidia’s Jensen Huang Excluded From Trump’s China Business Delegation

Nvidia Corp. Chief Executive Officer Jensen Huang has been left off the list of business leaders set to accompany President Donald Trump on his trip to China. Bloomberg reported on May 11, citing a White House official, that the delegation will inclu

South Korea Lawmakers to Review Financial Bills, Leave Stablecoin Measure Off Agenda

South Korea’s National Assembly will hold a subcommittee meeting on financial legislation on May 12 to review key bills. The Digital Asset Basic Act, a stablecoin-related measure that would form part of a second phase of digital-asset legislation, wa

Ethereum Foundation Details Progress on ‘Glamsterdam’ Upgrade, Reorganizes Protocol Cluster

The Ethereum Foundation has outlined development progress on “Glamsterdam,” its next network upgrade. Wu Blockchain reported on May 11 that the foundation, in its May 2026 Protocol Cluster update, said it conducted upgrade-related testing and prepara

Senate’s May 14 CLARITY Act Vote Won’t Clear Path to Passage, TD Cowen Says

A Senate vote is scheduled on the CLARITY Act, a crypto market-structure bill, but major hurdles remain before it can become law, TD Cowen said. The Block reported on May 11 that Jarrett Seiberg, a managing director at the investment bank, wrote in a

21Shares to Launch Hyperliquid ETF on May 12, Balchunas Says

21Shares will launch an exchange-traded fund tied to Hyperliquid's HYPE token, according to Bloomberg ETF analyst Eric Balchunas. Balchunas wrote in a May 11 post on X that the Hyperliquid ETF is scheduled to begin trading on May 12 and that its Nasd

Iran Parliament Speaker Says 14-Point Plan Is Only Solution, Warns Delay Raises US Costs

Iran has reiterated its conditions for ending the war and warned that prolonging negotiations would raise the cost for the US. Mohammad Bagher Ghalibaf, speaker of Iran's parliament, wrote on X on May 11 that there was no alternative to recognizing t

Sui Jumps Nearly 50% in a Week on Institutional Demand, Feature Hopes

Layer-1 blockchain Sui has surged nearly 50% over the past week, drawing renewed market attention. Cointelegraph reported on May 11 that Sui climbed to an intraday high of $1.41 after trading at about $0.94 on May 4. Trading volume also spiked over t

BOE Governor Bailey Says Stablecoin Regulation Will Inevitably Clash With US

Andrew Bailey, governor of the Bank of England, has openly raised the prospect of a policy clash with the US over stablecoin regulation. Bailey said at a recent conference that stablecoins need international standards if they are to become part of th

JPMorgan Raises Kospi Target Again, Sees Upside to 10,000

JPMorgan has raised its outlook for South Korean stocks again, putting its Kospi target as high as 10,000. In a recent report cited by Bloomberg on May 11, the bank raised its base-case target for the Kospi to 9,000 and its bullish-case target to 10,

US Spot Bitcoin ETFs Take In $622.75 Million, Extending Inflow Streak to Six Weeks

US spot Bitcoin exchange-traded funds extended their streak of net inflows last week, drawing in more than $600 million. Data from SoSoValue on May 11 showed US spot Bitcoin ETFs recorded total net inflows of $622.75 million in the week of May 4 to M

South Korea Weighs Starting Crypto Tax in January 2026, Finance Ministry Says Plan Not Final

South Korea is weighing a plan to begin taxing virtual assets, or cryptocurrencies, from next January as previously scheduled, according to a local media report. Asia Economy reported on May 11 that fiscal authorities had internally decided not to in

Trump to Press Xi on Iran, Trade at Beijing Summit

President Donald Trump is set to focus on Iran and trade when he meets Chinese President Xi Jinping in Beijing this week. Trump plans to make China’s Iran policy a central topic of the summit and directly raise issues including oil purchases and pote

Alphabet Surges 43% in Six Months, Closing In on Nvidia for No. 1 Market Value

Alphabet Inc., Google's parent, is gaining ground on Nvidia Corp. in the race to become the world's most valuable company after a sharp rally in its shares. Bloomberg reported on May 10 that Nvidia's market capitalization was about $4.9 trillion at t

Bitcoin Rally Driven by Spot Demand, Not Leverage, With $88,000 Target

Bitcoin is climbing on spot demand rather than leverage, creating what Markus Thielen describes as a healthier market structure. Thielen, chief executive officer of 10x Research, wrote on X on May 10 that Bitcoin’s recent advance has been led by spot

Korea Financial Security Institute Begins Smart Contract Verification Framework, Tool Development

The Financial Security Institute is launching a smart contract security framework as digital-asset services expand. Edaily reported on May 11 that the institute identified three core tasks as tokenized securities, or STOs, move toward institutionaliz

Bitcoin Spot Market Sees Return of Aggressive Buying, Signaling Renewed Whale and Institutional Demand

Bitcoin's spot market is again showing signs of market-order buying dominance, pointing to a shift in supply and demand dynamics, according to an analysis. On May 10, CryptoQuant contributor Rei Researcher wrote that Bitcoin's 90-day spot taker CVD,

Dormant Bitcoin Whale Moves 500 BTC After 12 Years, With About $40 Million in Gains

A dormant early Bitcoin investor has moved a large holding after 12 years of inactivity. On-chain analytics platform Lookonchain said on May 10 that wallet 1KAA8G, identified as belonging to an early Bitcoin investor, transferred 500 BTC worth about

Sui to Launch Confidential Transactions This Year, Eyes Broader Use of Privacy-First Free Payments

Sui said it plans to introduce a confidential transaction feature this year. Adeniyi Abiodun, Sui's co-founder and chief product officer, said on May 10 that the network will launch the privacy-focused transaction feature within the year. The feature

[Today’s Key Economic and Crypto Events] South Korea to Release May 1-10 Export Data

Today's Key Economic Events ▶ May 11 (Monday): South Korea's May 1-10 export data; China's April producer price index (PPI); China's April consumer price index (CPI) Today's Key Crypto Events ▶ May 11 (Monday): Digital Finance Forum (May 11-14); Mone

US Court Allows 30,766 ETH Tied to Kelp DAO Hack to Move to Aave, Ownership Fight Continues

A US court has allowed some of the funds frozen after the Kelp DAO hack to be moved, but the legal dispute over ownership of the assets is still continuing. The Block reported on May 10 that Judge Margaret Garnett of the US District Court for the Sou

Morgan Stanley Spot Bitcoin ETF Posts No Outflows in First Month, Signaling Steady Demand

Morgan Stanley’s spot Bitcoin exchange-traded fund drew money every day in its first month after launch, underscoring steady demand. SoSoValue data cited by The Block on May 10 showed that Morgan Stanley’s spot Bitcoin ETF, MSBT, did not record a sin