Suehyeon Lee

Roundhill Eyes Launch of First Prediction-Market ETF Tied to US Politics

A prediction-market exchange-traded fund could debut as soon as next week. Roundhill Investments has filed paperwork listing May 5 as the effective date for a prediction-market ETF, according to Bloomberg ETF analyst James Seyffart on April 28. The f

Bitcoin Enters Key Support Zone as Thin Liquidity, Whale Selling Stoke Volatility Risk

Bitcoin has entered a key support zone, with the risk of wider price swings rising as thin liquidity coincides with increased whale selling. CryptoQuant contributor GugaOnChain wrote on April 28 that Bitcoin was trading near $76,381 as market structu

Bitcoin Gives Up Last Week’s Gains as Tech Stocks Weaken, Oil Jumps

Bitcoin turned lower and gave up last week’s gains as weakening technology stocks, surging oil prices and regulatory uncertainty hurt investor sentiment. Cointelegraph reported on April 28 that a pullback in tech shares, rising crude prices and uncer

April 29 Economic, Crypto Calendar: US Crude Inventories

Today's Key Economic Events ▶ April 29 (Wed.): Germany April consumer price index (9 p.m. Korea Standard Time); U.S. March housing starts (9:30 p.m. Korea Standard Time); U.S. crude oil inventories (11:30 p.m. Korea Standard Time) Today's Key Cryptoc

BitMine Stakes Additional 107,992 Ether, Bringing Total to 3.92 Million ETH

BitMine, a major holder of Ethereum, has increased its staking position. On-chain data platform Onchain Lens said on April 28 that BitMine staked an additional 107,992 ETH, worth about $248 million. That raised BitMine’s total staked Ether to about 3

US Republicans Explore FISA Route for CBDC Ban, but Senate Prospects Dim

House Republicans are weighing a legislative workaround to add a ban on a US central bank digital currency, or CBDC, to another bill, though the effort faces long odds in the Senate. Eleanor Terrett, host of CryptoAmerica, said on April 28 that House

Robinhood Q1 Crypto Revenue, Trading Volume Nearly Halve as Business Mix Shifts

Robinhood Markets Inc.'s cryptocurrency business contracted sharply in the first quarter. The Block reported on April 28 that Robinhood's first-quarter crypto revenue fell 47% from a year earlier to $134 million. Crypto trading volume dropped 48% to

Pump.fun Burns $370 Million of Tokens, Cutting Circulating Supply by 36%

Pump.fun, a meme-coin issuance platform, is rolling out a regular buyback policy after executing a large token burn. On April 28, Pump.fun wrote on X that it had burned all previously repurchased PUMP tokens it was holding. The burn was worth about $

LayerZero Commits 10,000 ETH to DeFi United in Kelp DAO Recovery Push

LayerZero, a cross-chain interoperability protocol, has joined a joint recovery initiative formed after the Kelp DAO hack and pledged funding to support the effort. The Block reported on April 28 that LayerZero will contribute 5,000 Ether to DeFi Uni

US Judge Rejects SBF Bid for New Trial, Says It Was Meant to Rebuild Reputation

A US court rejected FTX founder Sam Bankman-Fried’s request for a new trial. Judge Lewis Kaplan of the US District Court for the Southern District of New York denied Bankman-Fried’s motion for a retrial, Bloomberg reported on April 28. Bankman-Fried

Bitcoin Falls Below $77,000 as Middle East Risks Push Brent Above $109

Bitcoin fell below $77,000, dragging major altcoins lower, while persistent Middle East risks drove international oil prices to their highest level in three weeks. CoinDesk reported on April 28 that Bitcoin climbed as high as $79,399 during the sessi

Bitcoin Short-Term Holder Share Drops Below 7%, Nearing Potential Bottom Signal

A sharp drop in the share of short-term Bitcoin holders has brought the market close to what past cycles suggest is a bottom signal, crypto analyst Ali Martinez said. On April 28, Martinez wrote that Bitcoin’s "Percentage Realized Cap," which tracks

MARA Holdings Launches Foundation to Support Bitcoin Security, Education and Self-Custody

MARA Holdings, a US Bitcoin mining company, has established a foundation to support the Bitcoin network and its broader community. Cointelegraph reported on April 28 that MARA announced the launch of the MARA Foundation at the Bitcoin 2026 event in L

Aave Unveils rsETH Collateral Recovery Plan With DeFi United

The decentralized finance industry has laid out a detailed response following the Kelp DAO incident. Aave wrote on X on April 28 that DeFi United, a joint response group formed to stabilize the DeFi lending market, has announced a recovery plan for c

US Spot Ether ETFs See $50.4 Million Net Outflow, Reversing From Prior Day's Inflow

U.S. spot Ether exchange-traded funds posted net outflows of about $50 million in a single day. Data from Farside Investors showed the funds recorded total net outflows of $50.4 million on April 27, reversing back to net outflows after one day of net

US Spot-Bitcoin ETFs Post $263.2 Million of Net Outflows, Ending 10-Day Inflow Streak

U.S. spot-Bitcoin exchange-traded funds posted more than $200 million of net outflows in a single day. Farside Investors data showed the funds recorded total net outflows of $263.2 million on April 27. The withdrawals were concentrated in ETFs manage

Arthur Hayes Sees Bitcoin Climbing to $125,000 by Year-End on War Spending, Liquidity Expansion

Bitcoin could surge by the end of the year as war-related fiscal spending increases and liquidity expands. Arthur Hayes, co-founder of BitMEX, said at the Bitcoin Vegas 2026 conference that Bitcoin could rise to $125,000 by the end of 2026, Bitcoin.c

Korbit Research Center Publishes Report on Blockchain Revenue Models in Traditional Finance

Korbit Research Center, the research arm of South Korean cryptocurrency exchange Korbit, released a report on April 28 titled "Blockchain Revenue Models in Traditional Finance." The report says the financial industry's revenue structure is being resh

Bitcoin Slide Fueled by Leverage Liquidations, Signaling Higher Volatility in Position-Driven Market

Bitcoin’s recent slide was driven primarily by structural downside pressure from leveraged position liquidations rather than deteriorating spot demand, according to an analysis. CryptoQuant contributor XwinJapan wrote on April 27 that more than $100

iM Bank Starts Building Won Stablecoin Ecosystem With Fintech, Blockchain Partners

iM Bank is moving to build a won-based stablecoin ecosystem as it expands its digital-finance business following its conversion into a commercial bank. The bank said on April 28 that it signed a business agreement with fintech company Finger and bloc

Upbit Operator Dunamu Donates Five Disaster-Response Medical Vehicles to Korean Red Cross

Dunamu, the operator of digital-asset exchange Upbit, said April 28 that it had donated five mobile medical vehicles to the Korean Red Cross to support disaster response. The company held a handover ceremony for the Korean Red Cross disaster response

Colombia’s Largest Pension Fund Launches Bitcoin Product Using BlackRock’s IBIT

Colombia’s largest pension fund has launched a product offering indirect exposure to Bitcoin, joining a broader push by institutional investors into the asset class. Wu Blockchain reported on April 27 that Colombian pension manager Porvenir introduce

Hashed, ADGM Publish Report Saying Tokenization Has Entered Market-Redesign Phase

Global Web3 venture capital firm Hashed said April 28 that it published a policy report with the Abu Dhabi Global Market Registration Authority on the future of financial infrastructure built on artificial intelligence and blockchain. The report was

BitMine Stakes Additional 113,808 Ether, Bringing Total to 3.82 Million ETH

BitMine, a major holder of Ethereum, has increased its staking position. On-chain data platform Onchain Lens said on April 27 that BitMine staked an additional 113,808 ETH, worth about $259.15 million. The latest staking brings BitMine’s total staked

Bitcoin Nears $80,000 With $1.4 Billion in Shorts, Raising Squeeze Risk

Bitcoin is extending its rebound after holding above $76,000, but a heavy buildup of short positions near $80,000 has brought the market to a key near-term turning point. Cointelegraph, citing CoinGlass data on April 27, reported that about $1.4 bill

Compound Proposes Up to 3,000 ETH for rsETH Recovery as Avalanche, Renzo Join In

The decentralized finance ecosystem is mounting a joint response to restore rsETH after the Kelp DAO incident. Compound has proposed providing up to 3,000 ETH for the rsETH recovery effort, Wu Blockchain reported on April 27. The final amount will be

Ethereum Rejected Four Times at $2,400 as $2,150 Support Comes Into Focus

Ethereum is facing near-term downside pressure after failing to break above a key resistance area, Cointelegraph reported on April 27. The token was turned back four times near $2,400 and fell about 3.4% to around $2,287. It is now trading below its

April 28 Economic and Crypto Calendar: BOJ Rate Decision, US April Consumer Confidence

Today's Key Economic Events ▶ April 28 (Tuesday): BOJ rate decision (noon Korea Standard Time); U.S. Conference Board April Consumer Confidence Index (11 p.m. Korea Standard Time) Today's Key Crypto Event ▶ April 28 (Tuesday): SIGN token unlock

Solana Adopts Quantum-Resistant Falcon Signature Scheme, Lays Out Upgrade Path

The Solana ecosystem is moving to strengthen its cryptography against potential threats from quantum computing. On April 27, the Solana Foundation said it had adopted Falcon, a post-quantum signature scheme, based on independent research by Anza and

Israel Approves Launch of Shekel-Pegged Stablecoin BILS

Israel's regulators have formally approved the launch of a stablecoin pegged to the shekel. Cointelegraph reported on April 27 that Israel's Capital Market, Insurance and Savings Authority approved BILS, a shekel-denominated stablecoin to be issued b