Suehyeon Lee

Fed Chair Warsh Says No Crypto Bailouts Even in a Crisis

Federal Reserve Chair Kevin Warsh reaffirmed that the central bank would not step in with a bailout even if a financial crisis hits the cryptocurrency market. Crypto Briefing reported on July 14 that Warsh told a House hearing he does not want the Fe

SpaceX Shares Sink to Near IPO Price, Down 33% From Post-Listing High

SpaceX shares fell for a third straight trading day, sliding back toward their initial public offering price. The move has brought the stock close to a key test of investor sentiment in the early weeks after its listing. Bloomberg reported that Space

Bitcoin Regains $65,000

[Today’s Key Economic and Crypto Events] US June PPI, Fed Speakers in Focus

Today’s Key Economic Events ▶ July 15 (Wednesday): △ US June producer price index, or PPI (9:30 p.m. Korea Standard Time) △ remarks by New York Fed President John Williams (9:45 p.m. Korea Standard Time) △ testimony by Kevin Warsh, Federal Reserve ch

US, UK Treasuries Unveil Joint Recommendations for Stablecoin, Tokenized-Asset Rules

The US Treasury Department and the UK’s HM Treasury said they will jointly refine regulation for stablecoins and tokenized assets. Cointelegraph reported on July 14 that the two finance ministries released four joint recommendations on digital assets

JPMorgan Warns Circle, Coinbase Face Structural Pressure on Stablecoin Revenue

JPMorgan lowered its outlook for stablecoin revenue at Circle and Coinbase, warning that both companies face structural pressure on earnings. Bloomberg reported on July 14 that a JPMorgan report described the companies’ new partnership with Hyperliqu

Oil Holds Near One-Month High as US Restarts Iran Maritime Blockade

International oil prices held near a one-month high after the US resumed its maritime blockade of Iran. West Texas Intermediate traded near $80 a barrel on July 14, according to Bloomberg. WTI has jumped about 11% in the first two sessions of this we

Three US Senators Oppose CLARITY Act, Demand Conflict-of-Interest Provisions

As the Senate nears a vote on the CLARITY Act, a bill that would set market-structure rules for digital assets, three Democratic senators have come out publicly against it, citing the absence of ethics provisions. Cointelegraph reported on July 14 th

US Government Moves Another $12.9 Million in Seized Crypto, Sending Funds to Coinbase Prime

The U.S. government has moved another $12.9 million in seized crypto assets. Wu Blockchain reported on July 14, citing data from on-chain analytics platform Arkham, that wallets holding seized assets under U.S. government control transferred a total

CFTC Orders Kalshi Not to Comply With Michigan Court’s Trade-Cancellation Order

The US Commodity Futures Trading Commission has ordered prediction-market platform Kalshi not to comply with a Michigan state court order requiring it to cancel trades. CoinDesk reported on July 14 that the CFTC issued an administrative order barring

US Spot Ether ETFs Return to Net Outflows, Lose $15.34 Million in a Day

US spot Ether exchange-traded funds swung back to net outflows after one day. Trader T data cited on July 14 showed the funds recorded combined net outflows of $15.34 million a day earlier. Fidelity’s FETH led the declines with net outflows of $15.41

South Korea to Push Digital Asset Law This Year, Speed Rules for Won Stablecoins and Bitcoin ETFs

South Korea will move to overhaul its legal and regulatory framework to formalize won-denominated stablecoins and pave the way for spot Bitcoin exchange-traded funds. The Ministry of Economy and Finance said on July 14 in its 2026 economic growth str

Federal Law Enforcement Officers Group Backs CLARITY Act Before Senate Vote

The Federal Law Enforcement Officers Association, or FLEOA, has publicly backed the CLARITY Act, a US market-structure bill for digital assets. It is the second public endorsement from a law enforcement organization as lawmakers push to move the bill

U.S. Spot-Bitcoin ETFs Return to Net Outflows, Lose $424.63 Million in a Day

U.S. spot-Bitcoin exchange-traded funds returned to net outflows after just one day. Trader T data showed on July 14 that U.S. spot-Bitcoin ETFs recorded combined net outflows of $424.63 million in the previous session. BlackRock's IBIT posted net ou

US Completes Latest Airstrikes on Iran, Says They Further Weakened Shipping Attack Capability

The US military said it has completed its latest airstrike operation against Iran. US Central Command said in a statement on X that the latest strikes on Iran ended at 10:15 p.m. Eastern time on July 13. The operation lasted about five hours. US forc

Jupiter Launches On-Chain Trading Service for Physical Pokemon Cards

Jupiter, the Solana-based decentralized exchange, has launched a service that allows users to trade physical Pokemon and One Piece trading cards on-chain. The Block reported on July 13 that Jupiter unveiled the beta version of its Jupiter Gacha servi

Strategy’s Bitcoin Buying Pause Was Deliberate as Dollar Reserves Reach $3 Billion

Strategy’s decision to forgo additional Bitcoin purchases last week and build its cash position instead was part of its recently announced capital-management strategy, analysts said. The Block reported on July 13 that Benchmark and TD Cowen said in r

Binance Releases 44th Proof-of-Reserves Report as Bitcoin Holdings Increase

Binance has released its 44th Proof of Reserves, or PoR, report on customer asset holdings. Wu Blockchain reported on July 13 that Binance published the PoR report based on a snapshot taken on July 1. The report showed customer Bitcoin holdings of ab

Hyperliquid’s HIP-3 Nears 50% of Perpetual Volume as On-Chain Stock Futures Surge

Hyperliquid’s permissionless market-creation framework, HIP-3, has grown rapidly and now accounts for nearly half of all perpetual futures trading on the platform. The Block reported on July 13 that HIP-3’s share of total Hyperliquid perpetual future

Bitcoin, Ether Social Mentions Hit 12-Month Low as Institutional Flows Decouple From Retail Interest

Social-media interest in Bitcoin and Ether has fallen to its lowest level in the past year. The Block reported on July 13 that posts mentioning Bitcoin had dropped to about 130,000, while posts mentioning Ether had fallen to about 40,000. That is the

Today’s Key Economic and Crypto Events: US June CPI, Fed Speakers, Big Bank Earnings

Today’s Key Economic Events ▶ July 14 (Tuesday): US June consumer price index (CPI) (9:30 p.m. Korea time); former Fed Governor Kevin Warsh testimony before the House Financial Services Committee (Korea time not set); Fed Governor Michael Barr speaks

Binance.US CEO Aims to Restore 20% Share of US Crypto Market After Two-Year Slump

Binance.US is seeking to regain its share of the US cryptocurrency exchange market after emerging from a prolonged slump caused by regulatory risks. Binance.US Chief Executive Officer Stephen Gregory told CoinDesk on July 13 that the company is now f

Oil Jumps to One-Month High After Trump Moves to Reinstate Iran Sea Blockade

Oil jumped to its highest level in a month after U.S. President Donald Trump moved to reinstate a maritime blockade on Iran. West Texas Intermediate traded near $78 a barrel on July 13, according to Bloomberg, extending the previous session's 9.4% su

US Government Transfers $288.3 Million of Seized Crypto to Coinbase, Sparking Sale Speculation

The US government has transferred seized Bitcoin and Ether to Coinbase Prime. Arkham, an on-chain analytics platform, reported on July 13 that the government moved about $288.3 million of the seized cryptocurrencies to Coinbase Prime. The assets incl

US to Resume Maritime Blockade of Shipping to and From Iranian Ports on July 14

The U.S. military said it will resume blockade operations on maritime traffic traveling to and from Iran. U.S. Central Command said in a statement on X on July 13 that, under the commander in chief's direction, it will restart the blockade on maritim

Trump Formally Notifies Congress of Renewed Iran War, Opening 60-Day Window for Military Action

President Donald Trump has formally notified Congress that the US has reentered a state of war with Iran. Politico reported July 13 that Trump, in a July 10 letter to Congress, described airstrikes against Iran that began July 7 as "military action c

US Launches Third Straight Day of Airstrikes on Iran, Says It Is Further Eroding Threat to Hormuz Shipping

The US military said it had launched airstrikes on Iran for a third straight day. US Central Command wrote on X that it began the latest strikes at 4:45 p.m. Eastern time on July 13 under orders from the commander in chief. The operation is intended

Bitcoin Falls to $62,600 on US-Iran Clash, Slips Back Below 200-Week Average

Bitcoin fell after fresh US strikes on Iran and a jump in oil prices hit risk appetite. Rising energy costs revived inflation concerns and weakened sentiment for risk assets. According to Bloomberg, Bitcoin dropped as much as 2.4% intraday on July 13

Thailand Central Bank Tightens Scrutiny of Large Tether Trades to Curb Money Laundering

Thailand’s central bank is tightening scrutiny of large transactions to curb money laundering and illicit fund flows tied to stablecoins. Cointelegraph reported on July 13 that the Bank of Thailand is working with the Securities and Exchange Commissi

Japan's Lawson to Pilot JPYC Yen Stablecoin Payments at Tokyo Store

Japan's Lawson convenience store chain will roll out a pilot program allowing customers to pay with the yen-linked stablecoin JPYC. Nikkei reported on July 13 that Lawson plans to begin accepting JPYC in early August at its Takanawa Gateway City stor