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Tether’s plans for business expansion in the United States are reportedly progressing smoothly. On the 23rd (local time), Paolo Ardoino, CEO of Tether, stated in an interview with Bloomberg TV, "Strategic planning within the U.S. is progressing well.
J.P. Morgan evaluated the outlook that the stablecoin market could reach $2 trillion by 2028 as "somewhat optimistic." According to Bloomberg on the 24th (local time), J.P. Morgan stated, "The forecast that the stablecoin market size will grow eightf
<Key Economic Events Next Week> ▶21st (Mon): △US June Leading Index (10:00 US time, 23:00 KST) ▶22nd (Tue): △KOR June Producer Price Index (PPI) △Jerome Powell, Federal Reserve Chair, speech (8:30 US time, 21:30 KST) △US July Richmond Fed Manufacturi
Paolo Ardoino, CEO of Tether, explained the background behind the increase in demand for stablecoins. According to Wu Blockchain on the 20th (local time), in an interview with Bankless, he stated, "Since around 2020, due to the influence of younger g
Bitcoin (BTC) is showing signs of overheating, with analysis suggesting a possibility of a short-term correction. According to Cointelegraph on the 20th (local time), on-chain analytics firm Santiment stated, "43% of all virtual asset (cryptocurrency
Michael Faulkender, Under Secretary of the United States Department of the Treasury, discussed the growth outlook for the stablecoin market. According to Cointelegraph on the 20th (local time), Undersecretary Faulkender stated in an interview with Bl
The total staking volume of Ethereum (ETH) has exceeded 36 million ETH. According to on-chain analytics platform Dune data on the 20th (local time), currently staked Ethereum stands at 36.07 million ETH, accounting for 29.15% of the total supply. Sin
According to Token Mindshare, Kaito's AI-based Web3 search platform indicator that quantifies a specific token's influence in the virtual asset market, the top 5 most searched-for crypto-related keywords as of the 20th are Tezos (XTZ), Solana (SOL),
Ethereum (ETH) has maintained its steady rise, breaking through the ₩5,000,000 mark in the Upbit KRW market. As of 2 PM on the 20th in the Upbit KRW market, Ethereum is trading at ₩5,005,000, up 1.79% from the previous day. On CoinMarketCap, it is tr
The hacker who stole over $300 million from Coinbase users has started purchasing large amounts of Ethereum (ETH). According to Lookonchain on the 20th (local time), the hacker purchased 649.62 ETH (approximately $2.3 million) about 9 hours ago. The
The United States Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded a net inflow of nearly $2.4 billion this week. According to TraderT on the 20th (local time), the total net inflow for the US Bitcoin spot ETFs this week amounted to $2.389 bi
The International Monetary Fund (IMF) announced that El Salvador has not made additional Bitcoin (BTC) purchases since February this year. According to The Block on the 19th (local time), the IMF stated in a recent report, "El Salvador has not purcha
Jerome Powell, Chair of the Fed, reportedly has not denied the recent rumors about his resignation. According to Watcher Guru on the 20th (local time), William Pulte of the US Federal Housing Agency stated that the director "has not denied reports th
Jesse McWaters, Mastercard's Global Head of Policy, stated that the GENIUS Act will be a turning point for the expansion of the stablecoin market. According to DL News on the 19th (local time), McWaters said, "The GENIUS Act will accelerate the entry
The UK Home Office is reportedly planning to sell seized virtual assets (cryptocurrency) in cooperation with the police. On the 19th (local time), the UK media outlet The Telegraph reported that the UK Home Office, as a measure to fill a financial ga
According to the Top Gainer index, which quantifies the influence of specific tokens in the virtual asset market by Token Mindshare of artificial intelligence (AI)-based Web3 search platform Kaito, as of the 19th, the top 5 keywords attracting the mo
The U.S. Ethereum (ETH) spot ETF recorded its largest weekly net inflow since its launch. According to TraderT on the 19th (local time), the total net inflow for U.S. Ethereum spot ETFs in week 28 of trading reached $2.173 billion (approximately ₩3.0
A large amount of Ethereum (ETH) was confirmed to have been transferred from HTX, a cryptocurrency exchange operated by TRON (TRX) founder Justin Sun, to Binance. According to the on-chain data analytics company AmberCN on the 19th (local time), toda
Virtual asset (cryptocurrency) whale (large investor) James Wynn has entered a large long position in Ethereum (ETH). According to HyperInsight, a virtual asset monitoring platform, on the 19th (local time), Wynn closed his previous short position ab
It has been reported that 21Shares has newly filed for two cryptocurrency (virtual asset) index-based ETFs with the U.S. Securities and Exchange Commission (SEC). On the 19th (local time), Nate Geraci, CEO of The ETF Store, stated, "21Shares has appl
U.S. Ethereum (ETH) spot ETFs saw a strong performance yesterday, recording a net inflow exceeding $400 million. According to Farside Investors on the 19th (local time), U.S. Ethereum spot ETFs recorded a total net inflow of $402.5 million (approxima
The US Bitcoin (BTC) spot ETF has continued to see net inflows for nearly two weeks. According to Farside Investors on the 19th (local time), the previous day, US Bitcoin spot ETFs recorded a net inflow of $363.5 million (approximately ₩506.5 billion
The U.S. Solana (SOL) Staking ETF continued its positive trend by recording a net capital inflow the previous day. According to Farside Investors on the 19th (local time), the U.S. Solana Staking ETF 'REX-Osprey (SSK)' saw a net inflow of $11.4 milli
It was found that two newly created wallets withdrew a large amount of Ethereum (ETH) from the cryptocurrency exchange Kraken. According to Lookonchain on the 19th (local time), a wallet address created 6 hours ago withdrew 22,434 ETH (worth about $7
Block Inc., the fintech company led by Jack Dorsey, is reportedly set to be included in the S&P 500 index. According to Bloomberg on the 19th (local time), Block will be added to the S&P 500 index starting July 23. This action fills the vacancy creat
SharpLink Gaming, which has adopted Ethereum (ETH) as a strategic reserve asset, is moving to accelerate additional purchases of Ethereum. According to Bitcoin.com on the 19th (local time), SharpLink Gaming has applied to issue $5 billion in new comm
Immediately after U.S. President Donald Trump signed the stablecoin regulatory bill, the GENIUS Act, Tether and Circle each announced their U.S. market strategies. According to Decrypt on the 19th (local time), Paolo Ardoino, CEO of Tether, stated, "
The virtual asset (cryptocurrency) exchange 'Bullish' has reportedly submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC). On the 18th (local time), CNBC reported that "Bullish has officially sub
The new token PUMP from the Solana (SOL)-based meme coin creation platform Pump.fun has turned bearish right after its initial coin offering (ICO). According to The Block on the 18th (local time), PUMP is currently trading at around $0.004, falling 2
US securities brokerage Charles Schwab is pushing ahead with plans to launch spot trading services for Bitcoin (BTC) and Ethereum (ETH). According to Bloomberg on the 18th (local time), Charles Schwab CEO Rick Wurster stated at the Q2 earnings announ