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Zhou Xiaochuan (周小川), former governor of the People's Bank of China (PBOC), said that stablecoins could encourage speculation and harm financial stability. On the 28th (local time), according to UBlockchain, Zhou pointed out that "the cost-saving eff
Bitcoin (BTC) is showing a pattern of starting corrections before and after NVIDIA's earnings announcements, according to an analysis. On the 28th (local time), virtual asset (cryptocurrency) analyst Ali Martinez said on X, "Bitcoin generally shows w
<Today's Major Economic Schedule> ▶28 (Thu) :△US preliminary Q2 gross domestic product (GDP) growth rate (US time 8:30, Korea time 21:30) △US initial jobless claims (US time 8:30, Korea time 21:30) △US July preliminary home sales (US time 10:00, Kore
Four new wallets recently received more than 20,000 Ether (ETH) from FalconX. On the 28th (local time), OnChainLens reported that the four new wallets received 27,792 ETH (approximately $124,880,000). This brings the total Ether held by those wallets
In the Bitcoin (BTC) market, the MVRV momentum indicator recently showed a 'Death Cross', signaling a macro trend reversal. On the 28th (local time), virtual asset (cryptocurrency) analyst Ali Martinez said on X, "A Death Cross has appeared on the Bi
Circle announced a partnership with Mastercard and Finastra, expanding stablecoin payments into traditional financial infrastructure. On the 28th (local time), Cointelegraph reported that the day before Mastercard said in a statement, "It will suppor
Circle, the stablecoin issuer, has reportedly proposed that the domestic financial sector cooperate with the issuance of dollar stablecoins rather than won stablecoins. According to the industry on the 28th (local time), Circle President Heath Tarber
Google Cloud has announced the development of its own Layer 1 blockchain and disclosed related information. According to Cointelegraph on the 28th (local time), Rich Widmann, Head of Web3 Strategy at Google Cloud, stated in a LinkedIn post, "Google C
Solana (SOL) continues its upward trend, with investor sentiment reaching its highest level in 11 weeks. On the 28th (local time), on-chain information platform Santiment reported via X, "Solana has broken through $211.70 and is approaching the price
A surge in leveraged positions on Bitcoin (BTC), coupled with capital rotation into Ethereum (ETH), has raised the possibility of further declines. According to The Block on the 27th (local time), Vetle Lunde, Head of K33 Research, reported in a note
A majority of users on the decentralized prediction platform Polymarket believe that Bitcoin (BTC) will likely drop below $100,000 by the end of this year. According to The Block on the 27th (local time), the probability of Bitcoin falling below $100
<Major Economic Events Next Week> ▶25th (Mon): △US July New Home Sales (US 10:00, Korea 23:00) △Korea August Consumer Confidence Index △Speech by John Williams, President of the Federal Reserve Bank of New York (US 19:15, Korea 26th 8:15) ▶26th (Tue)
Cryptocurrency A to Z "It will reach $1 million in 2030" Growing optimism about Bitcoin Included in U.S. retirement plans The popularity of cryptocurrency ETFs Highlighted as grounds for long-term rise Despite the recent decline Year-end forecast: $2
According to the Top Gainer indicator on the AI-powered web3 search platform Kaito's Token Mindshare (an indicator quantifying the influence of a specific token within the virtual asset (cryptocurrency) market), as of the 24th, the top five keywords
Following Jerome Powell, Chair of the Fed, delivering remarks at the Jackson Hole Meeting, expectations for a rate cut have risen, but there is pointed out not to expect a sharp rate cut. On the 24th (local time), The Wall Street Journal (WSJ) report
It has been revealed that three newly created wallets have received more than $50 million worth of Ethereum (ETH) from Galaxy Digital. According to OnchainLens on the 24th (local time), the three newly generated wallets received a total of 10,600 ETH
Matrixport or its clients have been observed selling Ethereum (ETH) and converting it to Bitcoin (BTC). According to Lookonchain on the 24th (local time), Matrixport-linked wallets recently deposited a total of 95,873 ETH (approximately $452 million)
Recently, Solana (SOL) has shown a strong upward trend, and there is an analysis that it should be held until it reaches $360. On the 24th (local time), cryptocurrency analyst Ali Martinez stated via his X that "Solana should be held until $360 witho
Ethereum (ETH)-based decentralized exchanges (DEX) have reclaimed the number one position in trading volume, surpassing Solana (SOL). According to data from DeFiLlama cited by Crypto Town Hall on the 24th (local time), Ethereum DEXs handled about $6
It has been revealed that the number of investors owning more than ₩1 billion in crypto assets (cryptocurrencies) in Korea has exceeded 10,000. According to materials submitted by the Financial Supervisory Service (FSS) to Seong-Hun Park from the Peo
According to on-chain data, over 19,000 Ethereum (ETH) have been accumulated in five newly created wallets over the past two days. On the 24th (local time), Lookonchain reported that in the past two days, five newly created wallets accumulated a tota
A whale investor reportedly created a new wallet two hours ago and established a large short position. On the 24th (local time), Lookonchain reported on X that “a whale created a new wallet (0x54D7), deposited 5.42 million USDC into Hyperliquid, and
According to Token Mindshare—the Top Gainer indicator that quantifies the influence of specific tokens in the virtual asset (cryptocurrency) market—on the AI-powered Web3 search platform Kaito, as of the 23rd, the top five crypto-related keywords gen
The head of the Virtual Assets (cryptocurrency) division at the Internal Revenue Service (IRS) has resigned after only a short tenure. According to Cointelegraph on the 23rd (local time), Trish Turner, the Virtual Assets head at the IRS, announced he
As Ethereum (ETH) set a new all-time high, famous traders who had disappeared from the market after incurring losses have resurfaced. According to Lookonchain on the 23rd (local time), after Ethereum reached a new all-time high, James Wynn took a lon
The United States Ethereum (ETH) spot exchange-traded fund (ETF) recorded a net inflow of over $300 million the previous day. According to Farside Investor on the 23rd (local time), the US Ethereum spot ETF posted a net capital inflow of approximatel
Outflows from U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) continue. According to Farside Investors on the 23rd (local time), there was a net outflow of approximately $23.2 million (about ₩3.21 billion) from U.S. Bitcoin spot ETFs the previou
Recently, with cryptocurrency investments now permitted in the U.S. retirement plan '401(k)', there is a forecast that Bitcoin could rise to $200,000 within the year. On the 23rd (local time), Andrei Dragos, Head of European Research at Bitwise, told
The United States District Court for the Northern District of Illinois has decided to suspend the lawsuit filed against the global cryptocurrency exchange Coinbase until the ruling of the appellate court. On the 23rd (local time), Cointelegraph repor
It has been revealed that the European Union (EU) has started to respond belatedly to the passage of the U.S. stablecoin bill, the GENIUS Act. According to a Financial Times (FT) report cited by Wu Blockchain on the 23rd (local time), the European Ce