Suehyeon Lee

U.S. SEC Chairman "Scheduled to ring the opening bell and deliver a keynote at the New York Stock Exchange tomorrow"

Paul Atkins, chairman of the U.S. Securities and Exchange Commission (SEC), said he will ring the opening bell at the New York Stock Exchange (NYSE) tomorrow and deliver a major speech. On the 2nd, Atkins said via his X, "Tomorrow morning at the NYSE

U.S. FDIC "To release draft regulatory proposal for stablecoin issuers within December"

The U.S. Federal Deposit Insurance Corporation (FDIC) said it plans to submit its first draft regulation for supervising stablecoin issuers within this month. According to CoinDesk on the 2nd (local time), Travis Hill (Travis Hill), acting head of th

Kalshi begins supporting tokenized betting on Solana… On-chain trading and anonymity strengthened

U.S. decentralized prediction market platform Kalshi has officially begun supporting the ability to tokenize and trade its event contracts on the Solana (SOL) network. On the 2nd (local time), CNBC reported that Kalshi enabled tokenization and tradin

"Kevin Hassett, 78% chance to be next Fed chair"…Polymarket predictions surge

On Polymarket, a decentralized prediction market, Kevin Hassett (Kevin Hassett)'s probability of being nominated as the next chair of the Federal Reserve Board (Fed) has approached 80%. On the 2nd (local time), according to Bitcoin Magazine, Hassett'

U.S. Fed Vice Chair: "Bank Regulators Working on Stablecoin Rules"

Michelle Bowman (Michelle Bowman), Vice Chair of the Federal Reserve (Fed), said that bank regulatory agencies are preparing a regulatory framework related to virtual assets (cryptocurrencies) and stablecoins. According to WatcherGuru on the 1st (loc

Vanguard Allows Trading of Virtual Asset ETFs Such as Bitcoin and Ethereum

Vanguard (Vanguard Group), the world's No. 2 asset manager, has decided to allow trading of virtual asset (cryptocurrency)-based exchange-traded funds (ETFs) and mutual funds on its platform. According to Bloomberg on the 2nd (local time), Vanguard w

Bitcoin, major on-chain cost indicators consecutively fall below…"Next support is 81,700 dollars"

Bitcoin (BTC) is continuing its decline, and analysis suggests the next support level is 81,700 dollars. On the 1st (local time), according to on-chain analytics firm Glassnode, Bitcoin's price has fallen below key on-chain indicators such as the sho

[Analysis] "Bitcoin, long-term momentum indicator 'monthly MACD' turns down…possibility of further decline"

A key momentum indicator that gauges Bitcoin's long-term trend has issued a bearish signal, amplifying market warning signs. On the 1st (local time), Omkar Godbole, a CoinDesk analyst, said, "The monthly moving average convergence/divergence (MACD) h

Gold prices, highest annual gain in 46 years within reach…surged more than 60% through November

Gold prices rose 6% in November alone, marking the fourth consecutive month of gains this year. On the 1st (local time), according to Kobeisi Letter, gold prices rose 6% in November alone, continuing the consecutive rise following September (+11.9%)

Japan 2-year government bond yield tops 1%…Sign that BOJ rate hike is imminent

Japan's 2-year government bond yield rose to 1%, marking the highest level since 2008. On the 1st (local time), according to The Japan Times, Japan's 2-year government bond yield rose 1bp to 1%. The 5-year yield climbed to 1.35% and the 10-year yield

[Market] Bitcoin falls below $86,000... unabated decline

Bitcoin (BTC) has continued its unabated decline, even breaking below the $86,000 level. On the 1st (Korea time), according to CoinMarketCap, Bitcoin is trading at $85,854.02, down 5.56% from the previous day. On Upbit's KRW market, it is trading at

Global crypto spot trading volume plunges to $1.59 trillion in November... lowest in five months

November's global centralized exchange (CEX) spot trading volume hit its lowest level since June. On the 1st (local time), according to The Block, last month global CEX spot trading volume fell to $1.59 trillion, marking the lowest level in five mont

Government and ruling party discuss direction for enacting the Basic Act on Digital Assets…"Provisional agreement on stablecoin issuers"

The issue of who would issue stablecoins, a key point in the second-phase legislation on digital assets, was confirmed to have been effectively coordinated between the government and the Democratic Party of Korea. With the months-long stalled agreeme

[Market] Bitcoin collapses even below 87,000 dollars… Cryptocurrency market widens losses

Bitcoin (BTC) continued its downtrend and fell below the 87,000-dollar level. On the 1st (Korea time) at 11:42 a.m., based on CoinMarketCap, Bitcoin is trading at 86,885.13 dollars, down 4.43% from the previous day. On Upbit's KRW market, it is tradi

"Grayscale expected to launch Chainlink spot ETF this week"

Grayscale is expected to launch the first Chainlink (LINK) spot exchange-traded fund (ETF) this week. On the 1st (local time), Nate Geraci, CEO of Novadius Wealth Management, said on his X, "Grayscale appears likely to launch the world's first Chainl

Yeon Finance suffers attack exploiting unlimited yETH minting vulnerability… $9 million total loss

The Ethereum (ETH)-based DeFi protocol Yeon Finance (YFI) suffered losses of about $9 million from an attack targeting the yETH liquidity pool. On the 1st (local time), according to PeckShield, the Yeon Finance exploit attacker minted virtually 'infi

Overall crypto market weakness…"Yearn Finance liquidity pool incident again shakes the market"

The virtual asset (cryptocurrency) market plunged again from the early hours of the first trading day of December, continuing a bearish trend. On the 1st (local time), CoinDesk reported that Bitcoin (BTC) fell more than 3% to around $87,000. Ethereum

[Analysis] "Bitcoin, this crash was caused by liquidity exhaustion… not a fundamental weakness"

Bitcoin's rapid $4,000 drop within minutes without any apparent trigger was analyzed as being due to an 'extreme lack of liquidity.' On the 1st (local time) the Kobeissi Letter said, "Bitcoin's unexplained $4,000 drop within minutes was due to extrem

Bitcoin plunges 4,000 dollars in 2 hours… 400 million dollars of long liquidations occurred within 1 hour

Bitcoin (BTC) plunged 4,000 dollars in a single move, triggering large-scale forced liquidations again. According to the Kobeissi Letter on the 1st (local time), Bitcoin plunged about 4,000 dollars over roughly 2 hours, and about 400 million dollars

[Analysis] "Virtual asset market, last week's lowest trading volume since July"

Last week, the virtual asset (cryptocurrency) market showed the lowest trading activity since July. On the 1st (local time), 10X Research said in a report, "Last week the virtual asset market recorded the lowest trading volume since July. Despite str

[Analysis] "Bitcoin, average cost-basis key zone… 79k defense vs 104.5k recovery likely to determine direction"

The Bitcoin (BTC) on-chain average cost-basis indicator is showing clear price ranges that can gauge the current cycle's position, an analysis said. On the 30th (local time), RugaResearch of CryptoQuant analyzed, "The average cost basis of short-term

Bitcoin falls below $89,000…decline deepens

Approximately $200 million in long positions liquidated in the crypto market in the past hour

A large-scale liquidation occurred in the crypto market in a short period. On the 1st (local time), Watcher Guru reported that about $200 million (approximately 290 billion won) worth of crypto long positions were liquidated (liquidation) over the pa

[Market] Bitcoin breaks below the $90,000 level… Major altcoins also declining

Bitcoin (BTC) has slightly declined, again breaking below the $90,000 level. On the 1st (KST) at 9:05 a.m., according to CoinMarketCap, Bitcoin was trading at $89,539.84, down 1.44% from the previous day. On Upbit's KRW market, it was trading at 134,

[Today's Major Economic·Cryptocurrency Schedule] US November ISM Manufacturing PMI etc.

<Today's Major Economic Schedule> ▶︎1st (Mon): △US Fed quantitative tightening (QT) ends △US November ISM Manufacturing PMI (local time 10:00, Korea time 00:00 on the 2nd) △China November Ruitinggou Manufacturing PMI △South Korea November exports △Sp

CoinShares withdraws all three U.S. spot ETFs for XRP, Solana and Litecoin

CoinShares has officially withdrawn plans to launch three spot cryptoasset (cryptocurrency) exchange-traded funds (ETFs) in the United States. According to a filing with the U.S. Securities and Exchange Commission (SEC) cited by The Block on the 1st

Strategy "Bitcoin may be sold if stock mNAV falls… selling is a last resort"

Strategy, known for its Bitcoin holding strategy, said it may sell Bitcoin if the stock's mNAV (multiple to Net Asset Value, multiple to net asset value) falls below 1. On the 30th (local time), Phong Le, Strategy's CEO, said in an interview on the p

Trump, next Fed chair nomination imminent…"I know who I will choose"

U.S. President Donald Trump said he will soon announce the next chair of the Federal Reserve (Fed). On the 1st (local time), according to Walter Bloomberg, Trump said, "I have already decided who to appoint as Fed chair," and "I will announce it soon

Tether CEO rebuts S&P assessment…"Error in not reflecting total assets and earnings"

S&P Global downgraded the rating of Tether (USDT)'s ability to maintain its dollar peg, and Paolo Ardoino, Tether's chief executive officer (CEO), has rebutted the assessment. According to Cointelegraph on the 1st (local time), Ardoino said, "As of t

[Analysis] "Ethereum attempts a strong rebound near the average buy price of core accumulation addresses"

Analysis shows that Ethereum (ETH), upon approaching the average buy price of core accumulation addresses with long-term holding tendencies, immediately showed a rebound and is defending a major support zone. On the 1st (local time), CryptoQuant auth