Suehyeon Lee

Spot Gold Plunges $1,000 per Ounce in Three Sessions…Falls Below $4,600

Spot gold prices have posted a sharp short-term selloff, dropping below $4,600 per ounce. According to the Kobeissi Letter on the 1st (local time), spot gold fell by about $1,000 over the past three trading sessions, slipping below $4,600 per ounce.

Nomura subsidiary cuts crypto exposure after Q3 loss… “Medium- to long-term strategy remains intact”

A crypto asset (cryptocurrency) subsidiary backed by Japanese securities giant Nomura has been shown to have reduced related positions amid heightened market volatility. According to DL News on the 1st (local time), Nomura’s Europe-based crypto subsi

Dormant for two years, Ethereum OG dumps remaining holdings amid selloff…worth about $20.10 million

A large Ethereum holder that had been inactive for an extended period appears to have liquidated all remaining holdings during the latest market downturn. According to Lookonchain on the 1st (local time), an Ethereum OG wallet that had shown no activ

Crypto market liquidation tops $5 billion over past four days…biggest deleveraging since October

Large-scale leverage unwinds are continuing in the crypto (digital asset) market. According to The Kobeissi Letter on the 1st (local time), the volume of forced liquidations across the global crypto market over the past four days has exceeded $5 bill

European Commission launches infringement proceedings against 12 countries for failing to implement rules on crypto-asset taxation and information sharing

The European Union (EU) has stepped up pressure on member states to implement rules governing the taxation and information transparency of crypto-assets (cryptocurrencies). According to Crowdfund Insider on Feb. 2 (local time), the European Commissio

Trend Research spots 'capitulation selling' signal after large-scale Ethereum buying

Trend Research, which drew attention in the past for large-scale purchases of Ethereum (ETH), has recently been moving to unwind positions amid the market downturn. According to Lookonchain on the 1st (local time), Trend Research deposited 10,000 ETH

[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.

<Today’s Key Economic Calendar> ▶︎2 (Mon): △US January Manufacturing Purchasing Managers’ Index (Korea time 23:45, US time 9:45) <Today’s Key Crypto Calendar> ▶︎2 (Mon): △Ethena (ENA) token unlock of 40.63 million tokens

[Market] Bitcoin breaks below $76,000 as selloff shows no sign of easing

Bitcoin (BTC) has extended its relentless decline, slipping below the $76,000 level. As of 8:10 a.m. KST on the 2nd, Bitcoin was trading at $75,810.54, down 3.1% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it was trading

[Analysis] "Crypto sell-off driven by liquidity breakdown and leveraged liquidations"

A range of interpretations has emerged for the latest plunge in the crypto (digital asset) market—spanning geopolitical risks to the Federal Reserve (Fed)—but an analysis argues the real cause is far simpler. On the 1st (local time), market analytics

[Analysis] “Bitcoin breaks below the lower bound of a macro triangle… downside could accelerate if it fails to reclaim $82,500”

An analysis suggests that the risk of further declines is rising as Bitcoin (BTC) has broken below the lower bound of a long-term Macro Triangle on a monthly-candle basis. On the 1st (local time), crypto analyst Rekt Capital wrote on X, “Looking at w

"Saylor to juice bitcoin after checking S&P futures… sub-$80,000 break may be ignored"

U.S. CNBC host Jim Cramer has again made provocative remarks about Michael Saylor’s bitcoin-buying behavior. On the 1st (local time), Cramer wrote on X that “Michael Saylor will check the S&P 500 futures tape around 6:30 p.m. and then ‘jam up’ bitcoi

[Market] Bitcoin slips below $77,000…Ethereum also breaks below $2,300

As of 6:53 a.m. KST on the 2nd, Bitcoin was trading at $76,664.68 on CoinMarketCap, down 1.78% from the previous day. On Upbit’s KRW market, it was trading at 113,009,000 won, down 3.92% from the prior day. Major altcoins, including Ethereum (ETH), a

Bitcoin extends bearish signals after key support breaks…on-chain indicators also warn of a ‘structural downturn’

With Bitcoin (BTC) breaking below major bull-market support levels in succession, concerns are growing over medium-term downside pressure. According to Cointelegraph on the 1st (local time), bearish expectations have spread rapidly across the market

U.S.-driven risks hit all at once… Bitcoin plunges below $82,000 and altcoins wobble across the board [Lee Soo-hyun’s Coin Radar]

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

U.S. spot Ethereum ETFs see $117 million in net inflows in a day, led by Fidelity

U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) saw a large influx of capital. According to Trader T on the 27th (local time), total net inflows into U.S. spot Ethereum ETFs the previous day came to about $117.08 million (about 169.5 billion wo

US spot Bitcoin ETFs post net inflows of 9.8 billion won the previous day…flows led by BlackRock and Grayscale

US spot Bitcoin (BTC) exchange-traded funds (ETFs) swung back to net inflows in a day. According to TraderT on the 27th (local time), total net inflows across US spot Bitcoin ETFs the previous day came to about $6.82 million (about 9.8 billion won).

[Analysis] “Global liquidity’s leading signal re-emerges…Ethereum could replicate the 2021-style breakout pattern”

As global liquidity conditions improve, analysis suggests Ethereum (ETH) could enter a medium- to long-term uptrend similar to 2021. According to Cointelegraph on the 26th (local time), cryptocurrency analyst Sykodelic presented a recurring cyclical

Tokenized gold is gaining traction… Tether Gold takes over half of the gold-linked stablecoin market

Amid heightened geopolitical tensions and trade uncertainty, demand for safe-haven assets is strengthening, rapidly expanding the tokenized gold market. According to Cointelegraph on the 26th (local time), Tether said the market capitalization of its

Government moves to re-allow domestic ICOs… allowing corporations that meet certain requirements and mandating advance submission of white papers

The government is pushing a policy shift toward allowing domestic coin offerings (ICOs) again. According to financial authorities and industry sources on the 27th, regulators are reviewing a plan to permit domestic ICOs only for corporations above a

Stablecoin market cap down $2.2 billion in 10 days… Santiment: "Funds moving into gold and silver"

An analysis suggests that the recovery in the crypto-asset (cryptocurrency) market could be delayed as the total market capitalization of stablecoins has fallen by about $2.24 billion over the past 10 days. On the 26th (local time), Santiment said on

[Analysis] "Ethereum decline driven by derivatives deleveraging rather than spot selling"

An analysis finds that Ethereum (ETH)’s recent price pullback was triggered less by the spot market than by a deleveraging process in the derivatives market. On the 26th (local time), CryptoQuant contributor Amr Taha, citing Binance derivatives data,

[Analysis] Bitcoin breaks key weekly support… “Whether 86k holds will determine the near-term direction”

Bitcoin (BTC) sent a near-term warning signal after closing the week below key technical levels on the weekly chart. According to analyst Rekt Capital on the 26th (local time), Bitcoin fell below both the mid-range level of $95,000 and the rising hig

[Today's Key Economic & Crypto Calendar] Richmond Fed Manufacturing Index, and More

<Today's Key Economic Calendar> ▶︎ Tue 27: △ U.S. durable goods orders (08:30 ET / 22:30 KST on the 27th) △ U.S. Consumer Confidence Index (CB) (10:00 ET / 00:00 KST on the 28th) △ Richmond Fed Manufacturing Index (10:00 ET / 00:00 KST on the 28th) <

Silver price sees sharp reversal in a day…$900 billion in market cap wiped out after near-record intraday retracement

Silver prices posted a historic intraday reversal. According to The Kobeissi Letter on the 26th (local time), silver prices surged more than 14% before turning lower within a day, and in just 90 minutes roughly $900 billion in the silver market’s cap

[Market] Bitcoin regains the $88,000 level…major altcoins also rise in tandem

Bitcoin (BTC) has rebounded to reclaim the $88,000 level. As of 8:27 a.m. on the 27th (KST), Bitcoin was trading at $88,284.46, up 2.12% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it was trading at 129,464,000 won, up 0

BitMine sees potential for $160 million in annual revenue from expanded Ethereum staking

As BitMine rapidly increases its share of Ethereum staking, an analysis suggests it could generate roughly $160 million a year in staking income at current levels. According to Cointelegraph on the 26th (local time), BitMine said it purchased an addi

Trump: “Korea’s parliament not implementing trade deal” … Raises auto, pharmaceuticals and all tariffs to 25%

U.S. President Donald Trump said South Korea is failing to carry out a bilateral trade agreement and announced he would raise tariffs on key South Korean goods. On the 26th (local time), Trump wrote on his Truth Social account, “President Lee Jae-myu

UK FCA allows crypto ETPs for retail investors…Valour lists on the London Stock Exchange

With the UK financial regulator formally allowing exchange-traded products (ETPs) linked to virtual assets (cryptocurrencies) for retail investors, related products are beginning to appear in earnest on the London market. According to Cointelegraph o

Bitcoin rebounds after holding $86,000 support; derivatives markets stay cautious

Bitcoin (BTC) posted a modest rebound after reaffirming support at $86,000, but caution about further upside is persisting in the derivatives market. According to Cointelegraph on the 26th (local time), Bitcoin retested the area around $86,000 and th

70% of Institutional Investors Say Bitcoin Is Undervalued in the $85,000–$95,000 Range

A survey has found that a majority of institutional investors view the current price of Bitcoin (BTC) as being in undervalued territory. A Coinbase report cited by Cointelegraph on the 26th (local time) released the results of a survey conducted from