Suehyeon Lee

"Bitcoin surges 7%…short-term retail buying may have driven the move"

Bitcoin (BTC) rebounded to $69,900 after posting a 7% jump in a short period from levels where it had been at risk of breaking below $65,000, raising the possibility that the rally was led by short-term retail buying. According to on-chain analytics

[Today’s Key Economic and Crypto Calendar] Remarks by New York Fed President John Williams, and More

<Today’s Key Economic Calendar> ▶︎ 3rd (Tue): △European Union preliminary February Consumer Price Index (CPI) (11:00 local time, 19:00 Korea time), △Remarks by New York Fed President John Williams (09:55 local time, 23:55 Korea time), △Remarks by Min

Bitcoin futures open interest down 20%…leveraged demand cools

Open interest in the Bitcoin (BTC) futures market fell 20% over the past month, shrinking to about $32 billion. According to Cointelegraph on the 2nd (local time), current demand for Bitcoin futures stands at 491,300 BTC, the lowest level since Augus

U.S. Central Command: "Strait of Hormuz Not Blockaded"

Contrary to claims by Iran’s Islamic Revolutionary Guard Corps (IRGC) that the Strait of Hormuz has been blockaded, reports said the strait is not currently closed. On the 2nd (local time), Fox News, citing a statement from U.S. Central Command (U.S.

TD Securities: "Tokenization nearing an inflection point for mainstream adoption"… Spotlight on NYSE tokenized-stock platform

TD Securities, a major Canadian investment bank operating across North America, said that NYSE’s push into tokenized stocks signals that asset tokenization is approaching an inflection point for mainstream adoption. According to Cointelegraph on the

US CLARITY Act bill may be put 'on hold'…political gridlock and stablecoin yield debate loom as variables

The US Senate is pushing to pass the comprehensive digital-asset market-structure bill known as the “CLARITY (CLARITY Act.)”, but in Washington there is growing speculation that legislative progress has effectively been placed “on hold.” According to

[Analysis] “Bitcoin: Most buyers over the past two years in the red…may be entering an undervalued zone”

A majority of those who bought Bitcoin (BTC) over the past two years are now sitting on losses, raising the possibility that the market is nearing an undervalued zone. On the 2nd (local time), CryptoQuant contributor Crypto Dan said, “A significant p

Hyperliquid rises 5% amid Middle East tensions… outperforming Bitcoin

The native token of decentralized derivatives exchange Hyperliquid (HYPE) posted returns over the weekend that outpaced Bitcoin (BTC) and the broader market. According to CoinDesk on the 2nd (local time), Hyperliquid gained as much as 5% over the pas

Bybit to review staff safety in the UAE…relocation plan temporarily postponed

Bybit has announced a review of employee safety in the United Arab Emirates (UAE) and steps to strengthen its emergency response framework. According to WuBlockchain on the 1st (local time), Bybit said it plans to (1) individually check the safety st

Trump Media Weighs Spinning Off Truth Social…Laying Groundwork to Step Up Its Digital-Asset Business

Trump Media & Technology Group (TMTG) is reportedly reviewing a plan to spin off its social-media platform Truth Social and list it separately. According to Cointelegraph on the 1st (local time), TMTG said it is discussing potential Truth Social-rela

Ripple CEO says door is open for bank-crypto cooperation… urges talks on stablecoin yield

Brad Garlinghouse, chief executive officer (CEO) of Ripple, stressed the potential for cooperation between banks and the crypto industry and urged a constructive approach in negotiations over stablecoin returns (interest). According to Cointelegraph

Polymarket logs $425 million in daily volume on Feb. 28…surpasses US Election Day record

Decentralized prediction-market platform Polymarket has set a new all-time high in trading volume. According to data compiled on Dune by on-chain analyst filarm on the 1st (local time), Polymarket’s daily trading volume on Feb. 28 reached $425 millio

Mentions of "World War 3" surge on social media…fear spreads across the crypto community as Middle East clashes intensify

As military clashes in the Middle East expand, online fear surrounding a possible “World War 3” is rapidly spreading across the digital-asset (cryptocurrency) market. According to Santiment, an on-chain and social data analytics firm, mentions relate

"Large part of crypto positions liquidated…liquidity still fragile"

In its latest weekly report, 10x Research said a large portion of excessive positioning in the cryptoasset (cryptocurrency) market has been unwound. However, it assessed that the overall liquidity backdrop remains fragile and structural inflows are l

[Market] Bitcoin tops $67,000…major altcoins also edge higher

Bitcoin (BTC) has rebounded modestly despite geopolitical risks, regaining the $67,000 level. As of 10:13 a.m. KST on the 2nd, Bitcoin was trading at $67,032.87, up 1.08% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it wa

Arthur Hayes: “If Middle East involvement drags on, the Fed may ease… favorable for Bitcoin”

Arthur Hayes, co-founder of BitMEX, discussed the link between the Middle East situation and US monetary policy, saying it could have a positive long-term impact on Bitcoin (BTC). On the 1st (local time), Hayes wrote in a Substack post that “if US in

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

<Today’s key economic calendar> ▶︎ 2 (Mon): △Korea Substitute holiday for Independence Movement Day △US February Manufacturing PMI (local time 09:45, Korea time 23:45), △US February ISM Manufacturing PMI (local time 10:00, Korea time 3rd 00:00) <Toda

X corrects after removing ‘crypto assets’ from prohibited categories… ‘Paid’ label required for paid promotions

Social media platform X has been found to have removed ‘financial products’ and ‘crypto assets (cryptocurrencies)’ from the list of prohibited categories under its ‘Paid Partnerships’ policy, before later correcting the change. According to Wu Blockc

JPMorgan: U.S. CLARITY Act likely to pass this year…a catalyst for a crypto rebound in the second half

With sentiment in the cryptoasset (cryptocurrency) market still subdued, JPMorgan pointed to the potential passage of the U.S. crypto market-structure bill, the “CLARITY Act,” as a driver of a rebound in the second half of the year. According to The

Trump: 'Military operation in Iran will continue until objectives are achieved…will avenge U.S. troop losses'

U.S. President Donald Trump said he intends to continue the military operation in Iran. On the 1st (local time), Trump released detailed remarks related to the "Operation Epic Fury" in a video posted on his Truth Social. He said the operation would "

Strategy raises STRC preferred dividend rate to 11.5% for March 2026…steps up preferred-led financing

Strategy, a major corporate holder of Bitcoin (BTC), has raised the monthly dividend rate on its STRC perpetual preferred stock to 11.5% for March 2026. The move represents a 25 bp (0.25%-point) increase, enacted amid a recent pullback in the crypto

"Bitcoin 24% to 66% undervalued versus gold…rebound possible"

An analysis has found that Bitcoin (BTC) has entered an undervalued zone relative to gold’s market capitalization and global money supply (M2). According to Cointelegraph on the 1st (local time), Samson Mow, CEO of Bitcoin technology firm Jan3, wrote

US spot Bitcoin ETF sees $27.5 million in net outflows the previous day…about 3.96 billion won

More than $20 million was withdrawn in a single day from US spot Bitcoin (BTC) exchange-traded funds (ETFs), data showed. According to Farside Investors on the 28th (local time), US spot Bitcoin ETFs recorded total net outflows of $27.5 million the p

Former Mt. Gox CEO proposes hard fork to recover 80,000 BTC…community backlash spreads

Mark Karpelès, former CEO of the bankrupt bitcoin exchange Mt. Gox, has proposed a Bitcoin hard fork to recover 79,956 BTC (about $5.2 billion) stolen in a hack more than a decade ago. According to Cointelegraph on the 28th (local time), Karpelès dis

Coinbase: "Agreed to parts of a compromise on stablecoin interest payments"

Coinbase said it has agreed to parts of a compromise in discussions over whether to allow payments of stablecoin yield (interest). On the 27th (local time), Faryar Shirzad, Coinbase’s chief policy officer (CPO), wrote on X that “Coinbase and CEO Bria

US spot Ethereum ETF sees $43.6 million in net outflows in a day…BlackRock’s ETHA accounts for all withdrawals

US spot Ethereum (ETH) exchange-traded funds (ETFs) saw net outflows totaling $43.6 million in a single day. According to TraderT on the 27th (local time), net outflows from Ethereum ETFs totaled $43.6 million (about KRW 62.9 billion) on the day. Tha

Tether freezes $4.2 billion in illicit-linked USDT…steps up cooperation with the U.S. Justice Department

Stablecoin issuer Tether has reportedly frozen about $4.2 billion worth of Tether (USDT) suspected of being linked to illicit activity. According to Reuters on the 27th (local time), Tether worked with the U.S. Department of Justice this week to addi

Solana’s on-chain metrics remain resilient despite a 72% correction…ETF outflows also limited

Solana (SOL) has extended its bearish trend, down 72% from its all-time high, but on-chain activity and exchange-traded fund (ETF) flows appear to be holding relatively steady. According to Cointelegraph on the 27th (local time), Solana was trading a

Digital-asset treasuries show mixed fortunes…only Hyperliquid Strategies posts gains

Among digital-asset treasury (DAT) companies, only Hyperliquid Strategies (PURR) is currently showing unrealized valuation gains, data showed. By contrast, major peers remain in deep unrealized-loss territory. According to data from Artemis on the 27

Bitcoin signals an 'accumulation phase'… Wallets holding 100+ BTC near 20,000

The number of wallets holding 100 BTC or more of Bitcoin (BTC) appears to be nearing 20,000. According to Cointelegraph on the 27th (local time), the count of wallets holding at least 100 BTC is approaching the 20,000 level. Analysts say this trend r