Suehyeon Lee

XRP Pauses Despite Regulatory Tailwinds…Market Watches ETF Approval Closely

XRP is showing a mixed trend as profit-taking has capped gains despite an improving regulatory backdrop. XRP has posted a gradual recovery over the past few days. In particular, on the 17th (local time), reports that the U.S. Securities and Exchange

Bitcoin fails to reclaim $75,000… “Short-covering rally has limits”

Bitcoin (BTC) briefly broke above $75,000 intraday before pulling back, prompting analysis that the rally’s instability has been exposed. According to CoinDesk on the 17th (local time), Bitcoin rose to as high as $75,912 in early Asian trading—its hi

T. Rowe Price pushes for an 'active crypto ETF'…to include Bitcoin, Dogecoin and others

Global asset manager T. Rowe Price is moving to launch an active ETF that invests in a range of virtual assets (cryptocurrencies). According to CoinDesk on the 17th (local time), T. Rowe Price recently filed an amended S-1 registration statement with

Ethereum tops $2,300 for the first time in six weeks, signaling capital rotation into altcoins

Ethereum (ETH) is leading the upswing in the crypto market, breaking above $2,300 for the first time in six weeks. According to CoinDesk on the 17th (local time), Ethereum has climbed more than 10% over the past 24 hours to surpass $2,300. That is a

US spot Ethereum ETFs post $35.90 million in net inflows…five consecutive trading sessions

US spot Ethereum (ETH) exchange-traded funds (ETFs) are extending their net inflow streak. According to Farside Investors on the 16th (local time), total net inflows across spot Ethereum ETFs amounted to $35.90 million (about KRW 53.5 billion) for th

US spot Bitcoin ETFs see about $200 million in net inflows…six straight sessions

About $200 million flowed into US spot Bitcoin exchange-traded funds (ETFs). According to TraderT on the 16th (local time), total net inflows into spot Bitcoin ETFs came to $199.19 million (about KRW 297.0 billion) on the day. That marked net inflows

U.S. SEC commissioner: 'We welcome experiments in tokenized financial products…willing to work with asset managers'

The U.S. Securities and Exchange Commission (SEC) said it is leaving the door open to working with asset managers on tokenized financial products and new exchange-traded product (ETP) structures. According to The Block on the 16th (local time), SEC C

Bitcoin tops $75,000… “Driven by short-covering in derivatives markets”

Bitcoin (BTC) extended its rally, breaking above $75,000. The move is seen as being driven by rapid unwinding of bearish bets in the derivatives market, which helped propel prices higher. According to CoinDesk on the 16th (local time), bitcoin rose i

SEC moves to revise broker-dealer rule limited to 'equities'…seeks feedback on whether it applies to crypto assets

The debate over the regulatory scope for crypto assets (cryptocurrencies) is widening after the U.S. Securities and Exchange Commission (SEC) proposed limiting the applicability of broker-dealer-related rules to stocks. According to Cointelegraph on

Polymarket: 52% odds Bitcoin hits $80,000 this month—an all-time high

The probability of Bitcoin (BTC) reaching $80,000 this month has climbed to a record high. According to Watcher.Guru on the 16th (local time), Polymarket data show the odds of Bitcoin breaking above $80,000 this month at 52%—the highest reading on re

YZi Labs invests $52 million in RoboForce, an 'Nvidia partner'

YZi Labs has made an investment in RoboForce, a next-generation artificial intelligence (AI) robotics company. On the 16th (local time), YZi Labs said on X that it led a $52 million funding round for AI robotics company RoboForce. The round also repo

OpenSea postpones launch of 'SEA token'… "Decision made in light of market conditions"

NFT (non-fungible token) platform OpenSea has postponed the launch schedule for its native token, 'SEA.' According to Cointelegraph on the 16th (local time), OpenSea CEO Devin Finzer said, "The OpenSea Foundation had planned to begin the token launch

[Market] Bitcoin reclaims the $75,000 level as risk appetite returns

Bitcoin (BTC) has regained the $75,000 level as risk appetite has recovered in global financial markets. As of 9:11 a.m. on the 17th (KST), Bitcoin was trading at $75,072.38, up 2.96% from the previous day, according to CoinMarketCap. On Upbit’s KRW

[Key Economic & Crypto Calendar for Today] U.S. ADP Weekly Employment Change Report

<Today's Key Economic Calendar> ▶︎Tue 17: △U.S. ADP weekly employment change report (KST 21:15, U.S. time 7:15) <Today's Key Cryptocurrency Calendar> ▶︎Tue 17:

Bitcoin rebounds to $74,000…derivatives-market sentiment still ‘bearish’

Bitcoin (BTC) rose above $74,000 to hit its highest level in 40 days, but analysts say cautious sentiment persists in the derivatives market. According to Cointelegraph on the 16th (local time), bitcoin broke through the $74,000 level that day. The m

Trump presses allies to join effort to reopen the Strait of Hormuz…allies take a cautious stance

U.S. President Donald Trump is seeking military support from allies to reopen the Strait of Hormuz, a key artery for global crude oil shipments, but major countries are taking a cautious approach. According to The Wall Street Journal (WSJ) on the 16t

AI coins surge after Nvidia’s GTC keynote…NEAR, FET post double-digit gains

AI-related crypto assets (cryptocurrencies) extended gains after Nvidia CEO Jensen Huang laid out a vision for scaling AI infrastructure. According to CoinDesk on the 16th (local time), AI-themed blockchain project Near Protocol (NEAR) rose more than

Review of Naver Financial–Dunamu business combination may pick up pace… KFTC requests additional materials

Speculation is growing that the review of the business combination between Naver Financial and Dunamu has entered its final stage. According to industry sources on the 17th, the Korea Fair Trade Commission (KFTC) has reportedly requested additional m

Bitmine steps up Ethereum accumulation pace… holdings rise to 4.596 million ETH

Bitmine Immersion Technologies, which holds Ethereum (ETH) as a corporate treasury asset, has sharply increased the pace of its recent ETH purchases. According to Cointelegraph on the 16th (local time), Bitmine Chairman Tom Lee said the company bough

Trump: 'The Iran war will not end this week'

U.S. President Donald Trump said he does not expect the war with Iran to end in the near term. According to Walter Bloomberg and others on the 16th (local time), Trump responded “I don’t think so” when asked, “Do you think the war will end this week?

XRP breaks above $1.42 resistance… “Clears the top of a range that held for months”

XRP has broken through a key resistance level, pushing above the upper bound of a months-long consolidation range. According to CoinDesk on the 16th (local time), XRP rose over the past 24 hours from about $1.41 to $1.47, showing volatility in the ro

Bitcoin breaks above its 50-day moving average… bolstering near-term bullish momentum

Bitcoin (BTC) appears to be strengthening its bullish momentum after breaking above the 50-day moving average, a key technical indicator, for the first time in about two months. According to CoinDesk on the 16th (local time), Bitcoin has risen more t

"If the U.S. restricts stablecoin interest, competition could open up in overseas markets"

A view has emerged that if the United States restricts interest payments on stablecoins, other countries could seize it as a new competitive opportunity. According to Cointelegraph on the 16th (local time), Takatoshi Shibayama, Asia-Pacific head at c

Bank of Korea Governor Rhee Chang-yong visits Jeju… reviews rollout of Phase 2 of CBDC ‘Project Hangang’

Amid heightened volatility in the won-dollar exchange rate following the fallout from U.S. airstrikes on Iran, Bank of Korea (BOK) Governor Rhee Chang-yong has reportedly visited Jeju Island to review projects related to a central bank digital curren

$115 million in short positions liquidated in an hour…crypto market spikes in the short term

A short-term spike in the crypto (cryptocurrency) market triggered large-scale liquidations of short positions. According to Watcher.Guru on the 16th (local time), roughly $115 million worth of crypto short positions were liquidated over the past hou

About $400 million in token unlocks due over the next week…large tranches expected for Arbitrum, LayerZero and others

Token unlocks (releases from lockups) totaling about $400 million are scheduled over the coming week. According to Tokenomist data cited by Wu Blockchain on the 15th (local time), projects set to see large, one-off token unlocks of at least $5 millio

Strategy targets holding 1 million bitcoins by year-end…would need to buy about 6,158 BTC per week

Strategy, which has continued its plan to amass large bitcoin (BTC) holdings, would need to purchase more than roughly 6,000 BTC additionally each week to reach its goal of holding 1 million BTC by the end of the year. According to Wu Blockchain on t

[Analysis] “Stablecoins are emerging as core infrastructure for on-chain finance”

An analysis suggests that stablecoins have become the most practical and widely adopted use case in the digital asset (cryptocurrency) ecosystem. According to XWIN Research Japan, a CryptoQuant contributor, the number of active addresses using ERC-20

[Analysis] "Spot Ethereum weakness deepens…futures volume expands to six times spot"

An analysis suggests that as weakness in Ethereum’s (ETH) spot market deepens, a derivatives-led trading structure is becoming more entrenched. According to CryptoQuant contributor Darkfost on the 15th (local time), Ethereum has recently seen the sha

[Today’s Key Economic & Crypto Calendar] US February Industrial Production, etc.

<Today’s Key Economic Calendar> ▶︎16 (Mon): △US February Industrial Production (Korea time 22:15, US time 8:15) <Today’s Key Cryptocurrency Calendar> ▶︎16 (Mon): △Cardano (ADA) Draper Dragon Orion Fund AMA