Suehyeon Lee

‘Clarity Act stalled’ adds another headwind… Bitcoin rebound timing ‘still unclear’

Uncertainty over U.S. digital-asset regulation comes into focus ‘Clarity Act’ faces hurdles…a negative for the market Divisions over ‘stablecoin yield’ “Bitcoin could rebound if the bill passes” As Bitcoin (BTC) remains unable to shake its downtrend,

Bitcoin’s rebound capped by a stronger dollar… “Rebound momentum fading within the $75k–$80k range”

Bitcoin (BTC) has entered a consolidation phase after a sharp drop, but renewed dollar strength is raising doubts about the scope for a meaningful rebound. According to CoinDesk on the 3rd (local time), bitcoin has stabilized over the past 24 hours i

Musk’s SpaceX–xAI merger puts 8,300 Bitcoin holdings back in focus as a potential IPO variable

As the merger between SpaceX, the space company led by Elon Musk, and xAI, an artificial intelligence (AI) company, draws attention for the potential creation of a mega tech firm, SpaceX’s large Bitcoin (BTC) holdings are once again emerging as a foc

Tom Lee: “Ethereum’s sharp drop is an opportunity… it’s simply a decline driven by a lack of leverage and a rotation into gold”

Tom Lee, chairman of BitMine, recently described Ethereum’s (ETH) steep selloff as “a pullback driven by supply-demand and positioning factors rather than a deterioration in fundamentals,” adding that the current level looks attractive from a medium-

US spot Ethereum ETF sees $15.6 million net outflow in a day…outflows extend to a third straight session

US spot Ethereum (ETH) exchange-traded funds (ETFs) continued to post net outflows. According to Trader T on the 2nd (local time), total net outflows from US spot Ethereum ETFs came to about $15.58 million (about 2.25 billion won) that day. This mark

US spot Bitcoin ETFs log $560 million in net inflows a day earlier…back to inflows after five trading sessions

A large amount of capital flowed into US spot Bitcoin (BTC) exchange-traded funds (ETFs). According to Trader T on the 2nd (local time), total net inflows across US spot Bitcoin ETFs came to about $562.62 million (about KRW 814.6 billion) on the day.

Tether unveils open-source Bitcoin mining operating system 'MiningOS'

Stablecoin issuer Tether said it has released open-source software for Bitcoin mining, aiming to boost the openness and scalability of mining infrastructure. On the 2nd (local time), Tether announced on its official X account that it had launched a B

Bitcoin breaks below the 100-week moving average…is it signaling the start of a prolonged correction phase?

Bitcoin (BTC) has broken down through the 100-week simple moving average (SMA)—widely viewed as a key long-term trend line—raising the possibility of a shift toward a medium- to long-term bearish regime. According to Cointelegraph on the 2nd (local t

Bitcoin hits year-to-date low... "Entering a capitulation zone, room for a short-term rebound"

Bitcoin (BTC) posted a year-to-date low, marking about a 40% correction from its all-time high. At the same time, heavy outflows from global Bitcoin exchange-traded products (ETPs) have continued, deepening broadly bearish sentiment across the market

Bitcoin's 'turning signal' in focus as US manufacturing PMI rebounds… "Possible re-entry into a risk-on phase"

As a US manufacturing gauge returned to expansion territory for the first time in about two years, a potential trend reversal is being discussed in the Bitcoin (BTC) market as well. According to Cointelegraph on the 2nd (local time), the Institute fo

White House: "Reach a conclusion by end of this month"…Pressure mounts for compromise on stablecoin yield language

The White House has reportedly issued clear guidance to the crypto industry and the banking sector to produce a compromise by the end of this month on language related to stablecoin yield. On the 2nd (local time), CoinDesk, citing sources familiar wi

US spot Bitcoin ETF investors’ average entry price at $84,100…now sitting on an 8–9% paper loss

Some investors in US spot Bitcoin (BTC) exchange-traded funds (ETFs) have now slipped into negative territory, according to data. Bloomberg reported on the 2nd (local time) that the average purchase price for US spot Bitcoin ETF investors was calcula

"Bitcoin trend clearly weakening… possibility of testing $70,000 and the 200-week MA"

Bitcoin (BTC) has entered a clearly bearish phase in its price action, according to an assessment. On Feb. 2 (local time), Alex Thorn, head of research at Galaxy Digital, wrote on X that "from Jan. 28 to 31, Bitcoin fell about 15%, and on Jan. 31 alo

[Market] Bitcoin steadies after 'wash shock'…reclaims the $79,000 level

Bitcoin (BTC) has continued its rebound, regaining the $79,000 level. As of 10:01 a.m. KST on the 3rd, Bitcoin was trading at $79,106.48, up 1.77% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it was trading at 117,279,000

Upbit launches Team Korea support campaign for the 2026 Winter Olympics

Upbit said on the 3rd that, as an official sponsor of the national team “Team Korea,” it will run a campaign to support South Korean athletes competing at the Milano Cortina 2026 Winter Olympics. According to Upbit, the company, as an official sponso

Vitalik Buterin continues additional ETH selling…offloads 493 ETH in eight hours

Vitalik Buterin, co-founder of Ethereum (ETH), is continuing to sell Ethereum. According to Lookonchain on the 2nd (local time), Buterin sold 493 ETH over the past eight hours, with the sale totaling about $1.16 million. With volatility in ETH prices

[Today’s Key Economic & Crypto Calendar] Atlanta Fed GDPNow, More

<Today’s Key Economic Calendar> ▶︎3 (Tue): △Atlanta Fed GDPNow (1:30 a.m. KST, 11:30 a.m. ET), △South Korea January CPI (8:00 a.m. KST, 6:00 p.m. ET) <Today’s Key Crypto Calendar> ▶︎3 (Tue): △Ondo Finance (ONDO) roadmap update

Changpeng Zhao: “Binance the main culprit behind this crash? Imagination running wild FUD”

Changpeng Zhao (CZ), co-founder of Binance, pushed back head-on against claims that he and Binance are being singled out as being behind the recent plunge in the cryptoasset (cryptocurrency) market, calling it “FUD (fear, uncertainty and doubt) drive

White House stablecoin meeting confirms banks’ “hardline stance”…deal seen difficult despite progress in rewards talks

Talks at the U.S. White House on stablecoin rewards were seen by the crypto industry as a meaningful step forward, but observers say the banking sector’s hardline stance was reaffirmed, suggesting more time will be needed before any legislative compr

Trump: "I’m an avid supporter of digital assets... I’m probably the person who has helped them the most"

US President Donald Trump reiterated that he has been a strong supporter of digital assets (cryptocurrencies). According to Watcher.Guru on the 2nd (local time), Trump said in recent remarks, "I’m an avid supporter of digital assets," adding, "I’m pr

White House Meets With Industry Over Clarity Issues… Industry: “Talks on Yield and Compensation Positive”

A closed-door meeting on stablecoins held at the White House reportedly saw the banking sector and the digital-asset (cryptocurrency) industry engage in relatively constructive discussions over stablecoin yield models and compensation structures. Acc

Nevada court puts brakes on Polymarket… two-week ban order

A Nevada court in the US has issued a preliminary injunction ordering Blockratize, operator of the prediction-market platform Polymarket, to temporarily suspend providing services to state residents. According to Decrypt on the 2nd (local time), the

[Analysis] "An unseen hand that capped Bitcoin’s rise… Sell orders piled up above $90,000"

An analysis suggests that even before Bitcoin (BTC) prices recently plunged to around $75,000, unusual warning signs had already been detected inside the market. On Feb. 2 (local time), CoinDesk reported that Keith Alan, co-founder of Material Indica

"This selloff isn’t a bull-market pullback but a bear market…Bitcoin treasury firms have reshaped market structure"

A claim has emerged that current market conditions are clearly a bear market rather than a bull-market correction, and that Bitcoin treasury firms bear a significant share of the responsibility. On the 2nd (local time), Julio Moreno, head of research

As Bitcoin breaks below $75,000… Strategy’s unrealized losses top $900 million

As Bitcoin (BTC) fell below $75,000, the mark-to-market losses at Strategy led by Michael Saylor were found to have widened sharply. According to Lookonchain on the 2nd (local time), Strategy’s 712,647 BTC holdings were estimated to have unrealized l

Token unlocks worth $638 million due over the next week, raising concerns over growing supply pressure on altcoins

A fresh analysis warns that a heavy concentration of large-scale token unlocks over the coming week could increase short-term supply pressure, particularly for some altcoins. According to data from Tokenomist cited by Wu Blockchain on the 2nd (local

Raoul Pal: “Crypto slump driven by a drain in US liquidity”

An analysis said the roughly $250 billion in crypto (virtual asset) market capitalization that evaporated over the weekend was not due to crypto-specific problems, but to a shortage of US dollar liquidity. According to Cointelegraph on the 2nd (local

[Market] Bitcoin slips below $75,000…Ethereum also falls under $2,200

Bitcoin (BTC) is extending its decline, slipping below the $75,000 level. As of 12:38 p.m. KST on the 2nd, Bitcoin was trading at $74,598.20, down 5.08% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it was trading at 110,7

Only 0.1% of U.S. stablecoin transactions are for retail payments… “KRW stablecoins’ role as a payment method is limited”

Just 0.1% of total stablecoin transaction value in the United States is used for everyday retail payment transactions, according to findings. As discussions over introducing won-pegged stablecoins have resumed, observers note there are limits to thei

[Analysis] "Bitcoin enters a price-correction phase without fresh capital…range-bound trading may persist"

An analysis has suggested that the Bitcoin market has recently entered a "correction phase marked by sustained mild downside pressure"—neither a clear bull market nor a sharp bear market. On Jan. 1 (local time), CryptoQuant contributor XWIN Research