Suehyeon Lee

Trump Skeptical of Iran Offer to Keep Hormuz Open; White House Response Due Within Days

President Donald Trump and his national security team are skeptical of Iran’s latest negotiating proposal, the Wall Street Journal reported on April 27. Trump did not immediately reject the offer, which called for keeping the Strait of Hormuz open an

Bitcoin Whales Step Up Accumulation, Setting Up Another Run at $80,000 Despite Pullback Risk

Bitcoin whales and institutional investors are continuing to accumulate, improving Bitcoin’s medium- to long-term supply-demand backdrop even as the market faces the risk of a short-term correction. Cointelegraph reported on April 27 that whale walle

White House Adviser Says Major Bitcoin Reserve Announcement Could Come Within Weeks

The White House may soon announce additional steps tied to the U.S. government’s effort to establish a strategic Bitcoin reserve. Patrick Witt, executive director of the President’s Council of Advisers for Digital Assets, said at the Bitcoin 2026 con

Tennessee to Ban Crypto ATM, Kiosk Installations From July 1 With Criminal Penalties

Tennessee will begin enforcing a law that bans the installation of cryptocurrency ATMs and kiosks. Cointelegraph reported on April 27 that Governor Bill Lee signed House Bill 2505. The measure takes effect on July 1. Under the law, installing a crypt

Sen. Tillis Says DOJ Ended Powell Probe, Backs Warsh for Fed Chair

Republican Senator Thom Tillis said he will support Kevin Warsh’s confirmation as Federal Reserve chair. In a post on X on April 27, Tillis wrote that the Department of Justice had ended its criminal investigation into Fed Chair Jerome Powell. With t

Goldman Sachs Raises Oil Forecast on Prolonged Strait of Hormuz Closure

Goldman Sachs raised its international oil price forecasts to reflect a supply shock from a prolonged closure of the Strait of Hormuz. Bloomberg reported on April 27 that Goldman Sachs, in a report, projected Brent crude would average $90 a barrel in

Bitcoin Slips Below $78,000; Major Altcoins Mixed

Bitcoin edged lower on April 27, slipping below the $78,000 level. As of 2:22 p.m. Korea Standard Time, Bitcoin was trading at $77,922.97 on Binance's USDT market, down 0.2% from a day earlier. On Upbit's Korean won market, it traded at 115.676 milli

Bitcoin Retests $80,000 Amid Middle East Tensions, Reaches 12-Week High

Bitcoin continued its advance despite geopolitical uncertainty, testing the $80,000 level again. Bloomberg reported on April 27 that Bitcoin rose as much as $79,488 intraday, its highest level since late January. Ether also climbed more than 1%. The

Aave Labs Proposes Releasing $73.5 Million Frozen on Arbitrum for Kelp DAO Recovery

Aave Labs, the developer of decentralized finance lending protocol Aave, has proposed using funds frozen in connection with the Kelp DAO hack for recovery efforts. Cointelegraph reported on April 27 that Aave Labs asked the Arbitrum governance forum

Western Union Nears Launch of Solana-Based Stablecoin USDPT

Western Union is preparing to launch a Solana-based stablecoin, The Block reported on April 27. Chief Executive Officer Devin McGranahan said the US dollar stablecoin, USDPT, is in the final stage of development and is due to be unveiled next month.

Story Co-Founder Lee Tells Mar-a-Lago Event Data Layer Will Be Key to AI, Crypto

Story co-founder and Chief Executive Officer Seung Yoon Lee said the “data layer” is emerging as a key driver for the artificial intelligence and cryptocurrency industries after attending an event at Mar-a-Lago hosted by US President Donald Trump. Le

US Spot Bitcoin ETFs Attract $824 Million, Marking Fourth Straight Week of Inflows

Institutional demand continued to recover as money kept flowing into spot Bitcoin exchange-traded funds. Wu Blockchain reported on April 27 that spot Bitcoin ETFs recorded net inflows of $824 million in the week of April 20 to April 24, extending the

US Receives New Iranian Proposal Via Pakistan, Prioritizing Hormuz and Blockade Relief

The US has received a new proposal from Iran through Pakistani mediation, Axios reported. Citing one US official and two sources, Axios said on April 26 that Washington had been sent a new negotiating proposal from Tehran. The proposal is structured

Dormant Solana Whale Unstakes $26 Million After 10 Months, Moves Funds to Binance

A large Solana holder dormant for months has drawn market attention after moving funds. On-chain analytics account OnchainLens said on April 26 that a whale wallet inactive for about 10 months unstaked 300,439 SOL, worth about $26.07 million, and tra

Korbit Starts Welcome Payback Event for New Users With Up to $29 in Rewards

Korbit, a South Korean cryptocurrency exchange, said Monday it is launching a "Welcome Payback" event for new users, offering rewards to first-time signups. The event runs for about two weeks, from 10 a.m. on April 27 through midnight on May 10. Only

Coinone Launches Real-Time Feed of Crypto Industry Leaders’ Comments

South Korean cryptocurrency exchange Coinone said April 27 that it will introduce new investment-support content that lets users monitor comments from key figures in the industry in real time. The service uses artificial intelligence to automatically

Hashed to Hold AI Builder Demo Day ‘Nitro Seoul Game Day’ on April 30

Global Web3 venture capital firm Hashed said April 27 that it will hold “Nitro Seoul Game Day,” the official demo day for its AI-native builder program “Nitro by Hashed,” on April 30. The event will be the first official showcase since Hashed Vibe La

Iran Proposes Reopening Strait of Hormuz Before Nuclear Talks, Axios Says

Iran has sent the US a new proposal through Pakistani mediation as talks between Washington and Tehran remain deadlocked, Axios reported on April 26. Under the proposal, Iran wants the two sides to first agree to reopen the Strait of Hormuz and end t

Ripple, K Bank Enter Partnership to Pilot On-Chain Cross-Border Transfers

Ripple said April 27 that it has entered a strategic partnership with K Bank to conduct a proof-of-concept test of blockchain-based cross-border remittance technology. The signing ceremony was held at K Bank's headquarters in central Seoul, with Fion

Bitcoin Reclaims $79,000 as Major Altcoins Advance

Bitcoin extended its weekend rally to reclaim the $79,000 level. As of 9:56 a.m. on April 27, Bitcoin was trading at $79,254.85 on Binance's USDT market, up 2.28% from a day earlier. On Upbit's won market, it was trading at 117.5 million won, up 0.72

Bitcoin Breaks Above Short-Term Holder Cost Basis, Signaling Better On-Chain Sentiment

Bitcoin has climbed above the Short-Term Holder Realized Price, signaling an improvement in on-chain investor sentiment, according to a CryptoQuant analysis. CryptoQuant contributor CW8900 wrote on April 26 that Bitcoin had broken above the Short-Ter

April 27 Economic, Crypto Calendar: Chiliz Fan Token V2.0 Launch

<Today's Key Economic Events> ▶ April 27 (Mon.): No major events scheduled <Today's Key Cryptocurrency Events> ▶ April 27 (Mon.): Chiliz (CHZ) to launch Fan Token V2.0

US Stock Futures Slip, Oil Rises as US-Iran Talks Stall; Crypto Edges Higher

Risk assets sent mixed signals across global markets as negotiations between the US and Iran remained deadlocked. Bloomberg reported on April 26 that delays in restarting US-Iran peace talks fueled concern that a closure of the Strait of Hormuz could

Bitcoin Tests $77,000 Support as Break Could End Short-Term Rally Structure

Bitcoin has entered a pullback within a short-term rising channel and is testing a key support level, according to market analysis. Crypto analyst Ali Martinez wrote on X on April 26 that Bitcoin is trading within a rising channel on the four-hour ch

Oil Futures Rise More Than 2% as US-Iran Talks Hit Impasse

International oil prices rose as uncertainty surrounding negotiations between the US and Iran intensified. As of 8:05 a.m. Korea time on April 27, Brent crude futures were trading at $101.31 a barrel, up 2.2% from the previous session, according to I

Bitcoin Could Bottom Near $57,000 by October 2026 Despite Rebound, Analyst Says

Bitcoin has rebounded recently, but the cryptocurrency could still face further losses through October, according to market analysts. Cointelegraph reported on April 26 that crypto investor and analyst Michael Terpin sees Bitcoin bottoming near $57,0

Galaxy Digital CEO Says CLARITY Act Could Advance in May, Be Signed in June

The CLARITY Act, a US crypto market structure bill, could make progress in May, according to comments cited by Wu Blockchain on April 26. Galaxy Digital Chief Executive Officer Mike Novogratz said the bill could be finalized in May and signed in June

Bitcoin Pauses Below $80,000; Ether Supply Shrinks and XRP Demand Cools

<Lee Su-hyun’s Coin Radar> is a weekly column that tracks moves in the cryptocurrency market and explains the forces behind them. It goes beyond price action to analyze global economic developments and investor behavior, offering insight into where t

AI, Cross-Chain Vulnerabilities Emerge as Top Crypto Hacking Risks for 2026

AI-driven attacks and cross-chain vulnerabilities are emerging as the main hacking threats facing the cryptocurrency market in 2026, according to an industry assessment. Cointelegraph reported on April 23 that Natalie Newson, senior intelligence anal

Aave Deposits Fall Below $30 Billion as $16.2 Billion Leaves After KelpDAO Incident

Deposits on decentralized finance lending protocol Aave have fallen sharply, dropping below $30 billion. Wu Blockchain reported on April 23 that Aave’s total value locked fell to about $29.6 billion from roughly $45.8 billion after a vulnerability in