Suehyeon Lee

Bitcoin Nears One-Month High, Triggering $425 Million in Short Liquidations

Bitcoin climbed to its highest level in about a month, setting off a broad liquidation of bearish crypto bets. CoinGlass data cited by Cointelegraph on April 14 showed about $530 million of positions were liquidated across the cryptocurrency market o

US Spot Ether ETFs See $9.44 Million of Net Inflows for Third Straight Trading Day

US spot Ether exchange-traded funds recorded modest net inflows. Data from Trader T showed the funds posted combined net inflows of about $9.44 million on June 13, extending the streak of net inflows to three consecutive trading days. BlackRock’s sta

US Spot-Bitcoin ETFs Post $291.11 Million of Net Outflows as Fidelity, Ark Lead Withdrawals

US-listed spot-Bitcoin exchange-traded funds recorded heavy net outflows. Data from Trader T showed total net outflows from US spot-Bitcoin ETFs reached about $291.11 million on March 13. Fidelity’s FBTC led the declines, with net outflows of $229.22

US Senator Plans Draft Proposal on Stablecoin Yield Rules

Debate over stablecoin regulation in the US is gaining momentum. Watcher.Guru reported on March 13 that Senator Thom Tillis, a North Carolina Republican, plans to release a draft agreement this week to help resolve a long-running dispute between bank

SEC Says Some Self-Custody Wallet Interfaces May Be Exempt From Broker Registration

The US Securities and Exchange Commission has clarified the regulatory scope for software interfaces that support crypto-asset securities transactions. In a June 13 statement, the SEC’s Division of Trading and Markets said interfaces that support cry

NHN KCP Pursues Avalanche-Based Mainnet for Payments

NHN KCP is moving to build a next-generation payment infrastructure using blockchain technology. Yonhap News reported on May 14 that NHN KCP plans to work with Ava Labs, the developer of Avalanche (AVAX), to build a payment-focused mainnet. Avalanche

Ethereum Reclaims $2,300 as Whale Wallets Turn Profitable, Fueling $3,000 Hopes

Ethereum has reclaimed the $2,300 level, putting major holders back in profit. Cointelegraph reported on June 13 that Ether has risen about 20% from its March 29 low of $1,940 to trade in the $2,300 range. The rebound was driven by the US-Iran ceasef

Ondo Finance Seeks SEC No-Action Relief on Ethereum-Based Securities Tokenization

Ondo Finance, a real-world asset tokenization platform, has asked the U.S. Securities and Exchange Commission for regulatory guidance on a securities tokenization structure built on Ethereum. The Block reported on June 13 that Ondo Finance had submit

[Today’s Key Economic and Crypto Events] US March PPI, Fed Speakers Due

Today’s Main Economic Events ▶ April 14: △ Israel-Lebanon talks △ ADP weekly private employment, four-week moving average (8:15 a.m. ET / 9:15 p.m. Korea Standard Time) △ March producer price index (PPI) (8:30 a.m. ET / 9:30 p.m. Korea Standard Time)

JD Vance Says Iran Talks Made Significant Progress, Opens Door to More Negotiations

U.S. Vice President JD Vance said talks with Iran had made significant progress. In a Fox News interview on June 13, Vance said the two sides had achieved "significant progress" in their talks. He also left open the possibility of further negotiation

Bitcoin Reclaims $74,000 on Hopes of Easing Middle East Tensions

Bitcoin climbed back above $74,000. As of 7:19 a.m. on June 14 in South Korea, Bitcoin was trading at $74,212.08, up 4.93% from a day earlier, according to CoinMarketCap. On Upbit's Korean won market, it was trading at 109.475 million won, up 3.61%.

US Energy Chief Says Prices May Rise Until Strait of Hormuz Shipping Normalizes

U.S. energy prices may keep rising until shipping through the Strait of Hormuz returns to normal, the U.S. government said. Walter Bloomberg reported on June 13 that Energy Secretary Chris Wright said prices are likely to climb until vessel traffic t

Crypto Super PAC Fellowship Begins Spending Ahead of 2026 US Midterms

Crypto industry money is beginning to flow more aggressively into US politics ahead of the 2026 midterm elections. Federal Election Commission data cited by Cointelegraph on May 13 showed crypto-linked super PAC Fellowship recently spent about $300,0

Bernstein Says Bitcoin’s 50% Slide From Peak Has Priced In Much of Quantum-Computing Risk

Bitcoin’s price decline has already priced in much of the risk posed by quantum computing, Bernstein said. Cointelegraph reported on June 13 that Bernstein estimated Bitcoin had already absorbed much of the uncertainty tied to quantum computing after

South Korea Watchdog Warns of Rising Crypto Price Manipulation Using APIs

South Korea’s Financial Supervisory Service urged investors to be cautious as cases of unfair trading using APIs in the virtual-asset market increase. Yonhap News reported on May 13 that the regulator said application programming interfaces, or APIs,

XRP Bearishness Nears Two-Year Extreme, Signaling Potential Relief Rally

Market pessimism toward XRP has surged, raising the possibility of a short-term rebound. On-chain data platform Santiment said on June 13 that negative social-media mentions, or FUD, tied to XRP had climbed to their third-highest level in the past tw

Polkadot Hit by Hack After 1 Billion Unauthorized DOT Are Minted on Ethereum and Sold

Polkadot's DOT token was hit by a hack that led to a large volume of unauthorized minting on the Ethereum network. Wu Blockchain reported on August 13 that hackers minted about 1 billion DOT tokens on the Ethereum mainnet and sold them on the market.

Aave DAO Approves $25 Million Support Package for Aave Labs to Accelerate Growth

Aave, the decentralized finance lending protocol, has secured a major funding package through its decentralized autonomous organization. Cointelegraph reported on June 13 that Aave DAO approved a proposal to provide Aave Labs, the protocol’s core dev

Crypto Security Warning: AI Routers Found Vulnerable to Private Key Theft

Research has found that intermediary routers used in AI-based development environments may contain security vulnerabilities that could lead to cryptocurrency theft. Cointelegraph reported on June 13 that researchers at the University of California, i

BOK Says Crypto Market May Need Circuit Breakers

The Bank of Korea said the cryptocurrency market may need circuit breakers and other trading controls to improve operational stability. In its Payment and Settlement Report published on April 13, the central bank said stronger systemic safeguards are

BOK Governor Nominee Says Digital Currency System Should Center on CBDC, Deposit Tokens

Shin Hyun-song, nominee for governor of the Bank of Korea, said the digital currency system should be centered on a central bank digital currency, or CBDC, and deposit tokens. In written responses for his National Assembly confirmation hearing, Shin

Bitcoin Falls to $70,000 Range After US Moves to Close Strait of Hormuz, Oil Jumps

Bitcoin fell into the low $70,000 range after the US moved to close the Strait of Hormuz. Cointelegraph reported on July 12 that Bitcoin dropped as low as $70,623 intraday. It extended its decline after slipping about 1.9% immediately following Presi

BOJ Rate Hold This Month Looks More Likely as Middle East Risks Rise

The Bank of Japan is increasingly likely to leave interest rates unchanged at this month’s policy meeting as geopolitical risks in the Middle East intensify. Former BOJ board member Kazuo Momma told Bloomberg on April 12 that central banks typically

Arbitrum, Solana Among Crypto Token Unlocks Worth More Than $221 Million This Week

Major cryptocurrency projects are set for large token unlocks over the next week, raising the prospect of additional supply pressure across the market. Tokenomist data cited by Wu Blockchain on July 12 showed that large cliff unlocks worth more than

Bitcoin Faces Near-Term Downside as Short Pressure Builds After US-Iran Talks Fail

Bitcoin is showing stronger signs of near-term weakness as short-selling pressure builds after US-Iran talks broke down. CryptoQuant contributor Darkfost wrote on June 12 that Bitcoin fell about 3% after news of the failed talks, slipping to around $

Iran Says It Has Means to Counter US Move to Block Maritime Traffic, Raising Tensions

Middle East tensions are rising again after Iranian authorities warned they still have additional ways to respond to a US maritime blockade. Walter Bloomberg reported on April 12 that a senior Iranian official said Iran "still has leverage it has not

CFTC Reasserts Exclusive Federal Jurisdiction Over Prediction Markets

The US Commodity Futures Trading Commission has again asserted exclusive federal authority over prediction markets amid a growing dispute over who regulates them. In an interview with CoinDesk on June 12, CFTC Commissioner Mike Selig said any product

BOK, Korea Insurance Institute to Form Task Force on Digital Currency Index Insurance

The Bank of Korea and the Korea Insurance Institute are moving to develop an insurance model using digital currency, highlighting broader potential applications for digital-asset-based financial technology. Ha Tae-kyung, head of the Korea Insurance I

Crypto Market Holds Up Amid Middle East Tensions; Bitcoin’s $65,000 Support in Focus

The cryptocurrency market is showing more resilience than expected despite geopolitical risks in the Middle East, according to an analysis. CoinDesk reported on June 12 that Jurrien Timmer, Fidelity Investments’ director of global macro, views the cu

[Today’s Key Economic and Crypto Events] US March Existing Home Sales Due

Today’s Key Economic Events ▶ April 13: US March existing home sales (10 a.m. US time; 11 p.m. Korea time); speech by Federal Reserve Governor Stephen Miran (6:20 p.m. US time; 7:20 a.m. Korea time on April 14) Today’s Key Cryptocurrency Events ▶ Apr