Suehyeon Lee

Hong Kong launches pilot phase of 'Project Ensemble'…tests tokenized payments based on real transactions

Hong Kong has started testing real-transaction-based payments using tokenized deposits and digital assets. On the 17th (local time), the Hong Kong Monetary Authority (HKMA) said that 'Project Ensemble' has transitioned from the experimental sandbox p

[Analysis] "Bitcoin breaks below 50-week moving average… concerns grow about long-term trend damage"

Bitcoin (BTC) has strengthened technical bearish signals as it fell below the 50-week simple moving average (SMA), which had functioned as a long-term support. On the 17th (local time), CoinDesk analyst Omkar Godbole said, "Bitcoin formed a large bea

"Crypto asset market, deleveraging in earnest"… Ethereum OI plunges 50%

An analysis has been raised that the crypto asset market has entered a marked deleveraging (deleveraging) phase. On the 17th (local time), Matrixport said in a report, "As the risk of maintaining high leverage positions increases, the market's overal

"Virtual asset market plunge due to multiple overlapping factors... likely a temporary correction within the cycle"

Over the past week, the virtual asset (cryptocurrency) market has remained weak, and analysis suggests this correction is the result of several factors acting simultaneously rather than a specific event. On the 17th (local time), Ryan McMillin, Chief

U.S. Solana spot ETFs netted $46.34 million last week; price plunged 17% in a week

More than $46 million flowed into Solana (SOL) spot exchange-traded funds (ETFs) last week. On the 17th (local time), Sosovalue reported that total net inflows into Solana spot ETFs last week (November 10–14) were $46.34 million (about 67.6 billion w

Bitcoin, 77% chance of falling below $90,000 in November…"The bottom is near"

On the decentralized prediction market platform Polymarket, the probability that Bitcoin will fall below $90,000 in November was measured in the high-70% range. On the 17th (local time), according to TraderT and Polymarket data, participants in the c

[Analysis] "Stocks are intact but only virtual assets plunged…Bear market created by leveraged liquidations"

The virtual asset (cryptocurrency) market lost $100 billion in market capitalization over the weekend, yet traditional financial markets appeared to be hardly affected. On the 17th (local time), according to the Kobeishi Letter, U.S. stock futures sh

Bitcoin gave back its gains from the start of the year, but… experts say "the cycle is still valid"

Over the weekend, the virtual asset (cryptocurrency) market plunged, and Bitcoin (BTC) gave back most of the gains it had recorded so far this year. On the 17th (local time), according to Cointelegraph, Bitcoin at one point fell to $93,029, down 25%

10-year dormant Ethereum ICO wallet transfers 200 ETH out… recording over 10,000x returns

An Ethereum (ETH) initial coin offering (ICO) wallet that had been inactive for more than 10 years has moved again and transferred some assets externally. On the 17th (local time), LookOnChain reported that the Ethereum ICO wallet known by the addres

"Gold bull market not over yet…Possibility of exceeding $5,000 per ounce next year"

China International Capital Corporation (CICC) analyzed in its 2026 outlook report that the current gold (Gold) bull market is likely still ongoing from a historical perspective. On the 17th (local time), according to O'Daily, the CICC report said, "

[Market Update] Bitcoin recovers to $95,000 level… major altcoins also slightly rebound

Bitcoin (BTC), which at one point fell below the $94,000 level, slightly rebounded and recovered the $95,000 level. As of 9:58 AM on the 17th, according to CoinMarketCap, Bitcoin is trading at $95,291, down 0.2% from the previous day. On the Upbit KR

Japan's Financial Services Agency (FSA) pushes to include virtual assets in insider-trading rules and lower gains tax rate

The Financial Services Agency of Japan (FSA) is pushing to include virtual assets (cryptocurrencies) as financial instruments subject to insider-trading regulations and to substantially lower the tax rate on virtual asset gains. On the 17th (local ti

[Analysis] "Gold and Bitcoin, flow completely changed after large-scale liquidation on October 10"

After the large-scale crypto asset market liquidation on October 10, an analysis suggested that the price flows of gold (Gold) and Bitcoin (BTC) began to clearly diverge. On the 17th (local time), Kobeissi Letter analyzed via X, "Since the US$19.2 bi

[Today's Major Economic & Cryptocurrency Schedule] Zilliqa(ZIL) Mainnet Upgrade, etc.

<Today's Major Economic Schedule> ▶︎17 (Mon): No major schedules <Today's Major Cryptocurrency Schedule> ▶︎17 (Mon): △Zilliqa(ZIL) mainnet upgrade △zkSync(ZK) token unlock

CME FedWatch "Fed, 54% chance of holding rates in December… 45.8% chance of a 25bp cut"

The U.S. Federal Reserve (Fed) appears somewhat more likely to hold its policy rate next month. On the 17th (local time), according to CME Group's FedWatch, the Federal Open Market Committee (FOMC) had a probability of holding rates of 54.2%, and a p

[Analysis] "Bitcoin experiences a death cross... could fall to $83,500"

Bitcoin (BTC) has fallen below a technical support level, prompting analyses suggesting further downside. On the 17th (local time), according to CoinDesk, crypto asset analyst Ali Martinez said on his X, "Bitcoin has broken the lower boundary of the

Ethereum falls below 3100 dollars…"Long-term holders' confidence weakens"

Ethereum (ETH) continued its weakness, slipping below 3100 dollars amid a weekend-wide correction in crypto assets (cryptocurrencies). On the 17th (local time), according to CoinDesk, Ethereum first broke below the 3100-dollar level on Bitstamp at 4

MicroStrategy detects signal of additional Bitcoin purchases…launches Saylor Tracker chart

As Bitcoin (BTC) continues its downward trend, a signal that MicroStrategy purchased additional Bitcoin this week was detected. On the 16th (local time), Michael Saylor, chairman of MicroStrategy, launched the Saylor Tracker chart on his X and descri

[Market] Bitcoin falls below $94,000…major altcoins also decline

Bitcoin (BTC) has continued its downward trend and has fallen below the $94,000 level. As of 6:44 AM on the 17th, according to CoinMarketCap, Bitcoin is trading at 93,349.85 dollars, down 1.91% from the previous day. On Upbit's won market, it is trad

[Analysis] "Unanimous expectations for a market bottom...could instead signal further declines"

Market participants being overly certain about a 'bottom' was warned to be a signal to be cautious. On the 15th (local time), Santiment said in a report, "It is rare for an actual bottom to form at the point when analysts and traders unanimously decl

U.S. Spot Ethereum ETFs See $179.66 Million Net Outflow in One Day… Majority from BlackRock

More than $100 million flowed out net from U.S. spot Ethereum (ETH) exchange-traded funds (ETF) on the previous day. On the 15th (local time), according to TraderT data, U.S. spot Ethereum ETFs recorded a total net outflow of $179.66 million (about 2

[Market Update] Bitcoin recovers the $96,000 level…major altcoins continue to trade sideways

Bitcoin (BTC) has slightly rebounded and recovered the $96,000 level. As of 1:23 PM on the 15th, according to CoinMarketCap, Bitcoin is trading at $96,262.58, down 2.61% from the previous day. On Upbit's KRW market, it is trading at KRW 145,610,000,

U.S. Bitcoin spot ETFs, $502.73 million net outflow the previous day… three consecutive trading days

Outflows continue from U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs). On the 15th (local time), according to TraderT, U.S. Bitcoin spot ETFs recorded net outflows of $502.73 million (about KRW 731.7 billion) the previous day. This marks net ou

Belarus President "The world is reducing its dependence on the dollar… virtual assets could be an alternative"

Alexander Lukashenko (Alexander Lukashenko), President of Belarus, said that the global economy is gradually moving away from dependence on the US dollar and that virtual assets (cryptocurrency) could be a potential alternative. On the 15th (local ti

"Risk-off spreads amid AI sector concerns… Bitcoin to face short-term pressure for the time being"

Recent adjustments in risk assets, including Bitcoin (BTC), have been attributed to growing concerns about the artificial intelligence (AI) sector. On the 15th (local time), Cointelegraph said, "Recent adjustments in risk assets such as Bitcoin stem

Harvard University: Top holding in its endowment is IBIT… Largest purchase in Q3

Harvard University's endowment purchased BlackRock's spot Bitcoin (BTC) ETF 'IBIT' in the third quarter as its largest purchase, making it the fund's largest holding based on the 13F report. On the 15th (local time), Eric Balchunas, a Bloomberg ETF a

XRP plunges more than 7% in a day…"Must recover 2.36 dollars to rebound"

XRP (XRP) plunged more than 7% in a day, consecutively breaking below major support zones. On the 15th (local time), according to CoinDesk, XRP slid from 2.48 dollars to 2.30 dollars over the past 24 hours, falling 7.3%. In the process, key support l

Tether considering $1.16 billion investment in German humanoid robotics company Neura Robotics

Reports say stablecoin issuer Tether (USDT) is considering a $1.16 billion investment in the German tech startup Neura Robotics (Neura Robotics). On the 15th (local time), The Block reported that initial discussions between Tether and Neura Robotics

Solana, weakness deepens as key supports collapse…breaches 100-week line · 2-year uptrend line

Solana (SOL) price has plunged more than 34% over the past two weeks, making the bearish trend clear. On the 15th (local time), Cointelegraph reported, "Solana fell to $142 the previous day, marking the lowest level since June 23. With ETF inflows sl

Atlanta Fed President "Positive on earlier rate cuts… Next rate cut needs data confirmation"

Raphael Bostic(Raphael Bostic), president of the Atlanta Federal Reserve Bank, gave a positive assessment of the recent two rate cuts, but said it is still too early to judge whether there will be an additional cut next month. On the 15th (local time