Suehyeon Lee

White House crypto policy chief: Banks must also make concessions on stablecoin revenue issue

David Sacks, the White House official overseeing artificial intelligence (AI) and digital-asset (cryptocurrency) policy, called for progress toward a compromise in the debate over stablecoin interest and urged an appropriate response from the banking

Trump Media’s Bitcoin holdings drop by 2,000 BTC…accounting derecognition tied to collateralization

Trump Media & Technology Group (TMTG) has disclosed a 2,000 BTC reduction in its Bitcoin holdings in a recent filing. According to Emmett Galick, an Arkham analyst, on the 27th (local time), TMTG said in its latest 10-K report that its Bitcoin holdin

White House-led talks may fail to reach deal on stablecoin ‘interest’… divisions persist between banks and crypto

The White House had sought to reach an agreement by this weekend on whether stablecoins should be allowed to pay interest (yield), but negotiations are reported to be struggling. On the 27th (local time), Decrypt senior reporter Sander Lutz, citing b

Paradigm expands investment mandate into AI and robotics, seeks to raise fund of up to $1.5 billion

Paradigm, a venture capital (VC) firm specializing in virtual assets (cryptocurrencies), is reported to be expanding its investment scope into advanced technology fields such as artificial intelligence (AI) and robotics. The move broadens its footpri

U.S. SEC chair: “Under Biden, the U.S. missed a major opportunity…we will regain leadership”

The U.S. Securities and Exchange Commission (SEC) said it intends to accelerate a shift in its oversight policy for digital assets (cryptocurrencies). According to Cointelegraph on the 27th (local time), SEC Chair Paul Atkins said at a discussion hel

Bitcoin down 30% vs. gold up 153%... Divergence widens as risk appetite fades

Bitcoin (BTC) and gold are moving in opposite directions as risk appetite weakens. According to Cointelegraph on the 27th (local time), since the start of 2024 gold prices have risen 153%, while Bitcoin has fallen about 30% over the same period. The

U.S. Democratic senators urge probe into whether Binance is complying with sanctions

Democratic U.S. senators have urged the Treasury Department and the Justice Department to investigate Binance’s sanctions compliance and its anti-money-laundering framework. On the 27th (local time), nine Democratic senators — including Elizabeth War

Morgan Stanley applies for a U.S. trust bank charter…seeking to expand crypto custody and staking

Morgan Stanley has applied for a U.S. federal trust bank charter as it looks to expand custody of virtual assets (cryptocurrencies) and related services. According to Bloomberg on the 27th (local time), Morgan Stanley filed an application on the 18th

Bitcoin Falls Below $65,500…Risk-Off Sentiment Spreads Amid Weak U.S. Inflation Data and Equities

Bitcoin (BTC) fell below $65,500, giving back most of its recent rebound. The move is attributed to broadening selling pressure across risk assets as a rise in the U.S. Producer Price Index (PPI) coincided with an equity-market pullback. According to

US Justice Department freezes and seizes $578 million tied to Southeast Asia-related crypto scam funds

The US Department of Justice said it has frozen and seized a large amount of virtual assets (cryptocurrency) linked to a Southeast Asia-based crypto fraud ring. According to Cointelegraph on the 27th (local time), the DOJ’s Washington, DC-based Scam

Bitcoin rebounds on Nvidia tailwinds…Ethereum selling pressure eases; XRP supply-demand improves [Lee Su-hyun’s Coin Radar]

<Lee Su-hyun’s Coin Radar> is a weekly column that tracks trends in the digital-asset (cryptocurrency) market and explains what’s behind them. Going beyond a simple listing of prices, it provides a multifaceted analysis of global economic issues and

Ethereum exchange inflows plunge 90%… “Rebound possible”

As meaningful signals have emerged in Ethereum’s on-chain indicators, the prospect of a structural rebound is being raised. After forming a low around $1,800 the previous day, Ethereum (ETH) rebounded more than 3% within a day and, as of the 25th (KS

Bitcoin slips below $63,000… Tariffs and AI jitters raise risk of further downside

Bitcoin (BTC) fell below $63,000 in Asian trading, extending its bearish momentum. Analysts say uncertainty over U.S. tariff policy and a pullback in artificial intelligence (AI)-related stocks are weighing on investor sentiment. According to CoinDes

Trump’s 10% global tariff takes effect, adding to trade uncertainty as 15% hike is weighed

A new global tariff announced by U.S. President Donald Trump has officially taken effect. According to Bloomberg on the 24th (local time), a 10% global baseline tariff took effect starting that day. The move is aimed at keeping the tariff regime in p

Fed moves to codify removal of 'reputation risk' from supervisory standards…formalizing a ban on crypto debanking

The US Federal Reserve (Fed) plans to codify a move to formally exclude “reputation risk” from bank supervisory standards. The step is drawing attention as it intersects with the long-running “debanking” controversy raised by the digital-asset (crypt

US Spot Ethereum ETFs See $49.70 Million in Net Outflows…Institutional Demand Weakens

US spot Ethereum exchange-traded funds (ETFs) saw net outflows, signaling weakened institutional demand. According to data compiled by Trader T on the 23rd (local time), total net outflows from US spot Ethereum ETFs came to $49.72 million (about KRW

US spot Bitcoin ETFs post $205.82 million in net outflows a day earlier…BlackRock-led fund exodus

Large-scale fund outflows from US spot Bitcoin ETFs are continuing. According to data compiled by Trader T on the 23rd (local time), total net outflows from US spot Bitcoin ETFs amounted to $205.82 million (about 297.6 billion won) that day. The flow

[Analysis] "Bitcoin Realized Profit/Loss Ratio Falls Below 1…Shift to a 'Loss-Realization Phase'"

On-chain analysis suggests the Bitcoin (BTC) market has entered a full-fledged loss-realization phase. According to Glassnode on the 23rd (local time), the 90-day simple moving average (90D-SMA) of the Bitcoin Realized Profit/Loss Ratio fell below 1.

U.S. SEC approves WisdomTree’s tokenized MMF for ‘intraday trading’…broadening capital-markets tokenization

The U.S. Securities and Exchange Commission (SEC) has granted exemptive relief allowing intraday trading for asset manager WisdomTree’s tokenized money market fund (MMF). The move is seen as expanding the distribution framework for tokenized traditio

BlackRock files with the U.S. SEC for a spot Ethereum ETF with staking support

BlackRock has filed with the U.S. Securities and Exchange Commission (SEC) for a spot Ethereum (ETH) exchange-traded fund (ETF) that supports staking. According to SEC documents dated the 23rd (local time), BlackRock on the 17th filed an amended S-1

Vitalik Buterin sells 3,765 ETH over three days…a total of $21.74 million cashed out since February

Ethereum co-founder Vitalik Buterin has stepped up additional selling recently, pushing cumulative sales since February past $21 million. According to Onchain Lens, an on-chain analytics account, on the 23rd (local time), Buterin sold 3,765 ETH over

[Market] Bitcoin falls below $64,000…major altcoins also slide across the board

Bitcoin (BTC) has extended its decline, breaking below the $64,000 level. As of 10:18 a.m. on the 24th (Korea time), Bitcoin was trading at $63,815.90, down 2.22% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it was tradin

[Analysis] "Stablecoin holdings revert to 2024 levels… liquidity squeeze in crypto assets persists"

As the crypto asset (cryptocurrency) market continues its correction since October 2025, an analysis says stablecoin holdings have returned to 2024 levels, extending the trend of tightening liquidity. According to Darkfost, a contributor to CryptoQua

Spot Bitcoin ETFs Seen Posting Net Outflows for a Fourth Straight Month…Funds Shift to Gold ETFs

U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) are increasingly likely to post net outflows for a fourth consecutive month. As of the 23rd (local time), net assets of U.S. spot Bitcoin ETFs stood at $84.3 billion, down to about half of the $170

[Analysis] “Bitcoin fails to hold above the zero line in Coinbase premium… short-term bearish pressure”

As Bitcoin (BTC) continues to fluctuate around the $64,000 level, an analysis says the recovery in U.S. spot demand is being delayed as the Coinbase Premium Index failed to establish itself above the zero line. On the 23rd (local time), CryptoQuant c

[Today’s Key Economic & Crypto Calendar] U.S. President Donald Trump’s State of the Union Address, etc.

<Today’s Key Economic Calendar> ▶︎24 (Tue): △China: February 1-year and 5-year loan prime rates (LPR) △U.S.: December S&P/Case-Shiller Home Price Index (9:00 a.m. ET / 11:00 p.m. KST) △Raphael Bostic, President of the Federal Reserve Bank of Atlanta—

Terraform Labs sues Jane Street, alleging 'front-running using inside information'

The administrator overseeing the liquidation of Terraform Labs, founded by Do Kwon, has filed a lawsuit in the US against major market-making firm Jane Street, alleging insider trading. The claim is that Jane Street used nonpublic information during

Trump administration weighs new tariffs on six industries, including batteries and power equipment

US President Donald Trump is considering imposing new tariffs on at least six industries. According to The Wall Street Journal (WSJ) on the 23rd (local time), the Trump administration is reviewing national security tariffs on at least six industries

Bitcoin stays below $75,000 for an 18th day… experts say a short-term rebound attempt is possible

Bitcoin (BTC) has been trading below $75,000 for an 18th day, dampening investor sentiment. Even amid macro uncertainty, however, some on-chain and derivatives indicators are showing signs of improvement, fueling talk of a short-term bounce. On the 2

Bitcoin’s upside liquidity clusters at $3.5bn… “Potential $70,000 short squeeze”

Bitcoin (BTC) has a concentration of short positions worth $3.5 billion around the $70,000 level, raising the possibility of a near-term test of upside liquidity. On the 23rd (local time), Cointelegraph reported that “around $240 million in long posi