Uk Jin

U.S. retail investors favor crypto stocks over M7...Circle and Coinbase rank high in net purchases

It has been observed that U.S. stock investors are showing strengthened sentiment for stocks related to virtual assets (cryptocurrencies). According to the Korea Securities Depository on the 12th, the number one stock in net purchases by U.S. retail

New whale withdraws 16,773 Ethereum from FalconX

According to OnchainLens on the 12th (KST), a newly created wallet just 2 hours ago withdrew 16,773 Ethereum (ETH) from FalconX. This amounts to approximately ₩69 billion based on the current market price.

REX-Osprey Solana ETF Records $10.7 Million Net Inflow

According to Farside Investors on the 11th (local time), the REX-Osprey Solana (SOL) exchange-traded fund (ETF) recorded a net inflow of $10.7 million on this day.

Dormant whale deposits 1,000 Bitcoin to Binance

On the 12th (KST), OnchainLens reported via X (formerly Twitter) that a whale address, dormant for four months, had deposited 1,000 Bitcoin (BTC) to Binance. It is estimated that this address has currently achieved profits worth $68,800,000.

Crypto Fear & Greed Index Scores 79... Entering 'Extreme Greed' Stage

According to the cryptocurrency data provider Alternative on the 12th, the Crypto Fear & Greed Index recorded 79 points, up 8 points from the previous day. As of 9 AM today, Bitcoin (BTC) is trading at $117,612 on CoinMarketCap, up 1.40% from the pre

"Bitcoin Could Reach $300,000 Around Christmas"

As Bitcoin (BTC) reached an all-time high, there is analysis suggesting that the current rally could continue and push the price up to $300,000. According to Cointelegraph, a crypto-focused media outlet, anonymous Bitcoin analyst apsk32 stated on the

SharpLink Gaming purchases an additional 21,487 Ethereum

SharpLink Gaming, a Nasdaq-listed company that has designated Ethereum (ETH) as a reserve asset, has reportedly made an additional purchase of Ethereum. According to Lookonchain on the 12th (Korean time), SharpLink Gaming acquired an additional 21,48

Bitzlato founder admits guilt…Requests pardon from U.S.

It has been revealed that Anatoly Legkodymov, the founder of the cryptocurrency exchange Bitzlato, has requested a pardon from the U.S. government. Previously, in 2023, the U.S. authorities seized Bitzlato, which had been used for remittances in ille

Coinbase changes X profile picture to Pudgy Penguin

According to X (formerly Twitter) on the 12th, Coinbase changed its X profile picture to Pudgy Penguin (PENGE).

[Analysis] "Bitcoin ETF premium surges... Indicates strong demand"

It has been observed that there is strong investment sentiment flowing into spot Bitcoin (BTC) Exchange Traded Funds (ETFs). On the 12th (Korea time), CryptoOnchain, a contributor at CryptoQuant, reported in a note that "Recently, the Bitcoin ETF pre

[Analysis] "Altcoin Withdrawals Rise on Binance... Indicates Strong Accumulation Trend"

Withdrawals of altcoins (virtual assets excluding Bitcoin) from Binance, the world's largest cryptocurrency exchange, are on the rise. On the 12th (KST), CryptoQuant contributor Juang Whetson stated in a report, "An analysis of the Binance altcoin ne

Money also poured into Bitcoin spot ETF… Daily trading volume reaches $6 billion

As Bitcoin (BTC) shows strength, investor sentiment toward financial products based on Bitcoin as the underlying asset also appears to be improving. According to Watcher Guru on the 12th (KST), Bitcoin spot Exchange-Traded Funds (ETF) recorded a tota

"XRP Expected to Surge Strongly After Sideways Movement"

XRP is rising during the session, and analysts have offered positive forecasts. On the 11th (local time), cryptocurrency analyst Peter Brandt projected, "If XRP breaks through the major resistance after sideways movement, there is a strong possibilit

MemeCore, Soars 70% Compared to Previous Day

The newly launched meme coin MemeCore (M) is experiencing a steep intraday surge. As of 6:35 AM on the 12th, MemeCore is up 71.44% from the previous day at $0.7816 according to CoinMarketCap. Previously, MemeCore successfully got listed on Binance on

"Virtual Assets Are Disrupting the Payments Market Landscape"

As virtual assets (cryptocurrencies) and traditional finance become more intertwined, the existing payment market is being reorganized around virtual assets. Attorney Kang Sung-yoon of Kim & Chang attended the first regular meeting of the blockchain

ETRI: "AI Development Utilizing Blockchain is Necessary"

There was an opinion presented that AI development utilizing blockchain in Korea could become a key factor in the upcoming shift toward a digital economy. Choi Sun-mi, Senior Researcher at the Electronics and Telecommunications Research Institute (ET

Changbo Ryu, President of the Open Blockchain Association: "Stablecoins, the Last Opportunity for the Domestic Blockchain Industry"

"Stablecoins (virtual assets linked to the value of fiat currency) are the last hope for the domestic blockchain industry. I hope that the currently discussed KRW-based stablecoins will become the key infrastructure that fosters the growth of the dom

[Today's Global Trending Coins] Hyperliquid · Mitosis · CySic & More

According to the Token Mindshare Top Gainers of the AI-based Web3 search platform Kaito, the top 5 trending cryptocurrencies as of the 8th are Hyperliquid (HYPE), Mitosis (MITOSIS), CySic (CYSIC), PumpFun (PUMP), and Avalanche (AVAX). Hyperliquid tak

Bitcoin, Surge in Call Option Buying at $130,000 Ahead of FOMC Minutes Release

It has been observed that there has been a sharp increase in traders buying Bitcoin (BTC) call options (the right to buy) in the futures market. According to the cryptocurrency-focused media outlet CoinDesk on the 8th (KST), crypto analytics firm QCP

Metaplanet Achieves Second Place in Trading Volume Rankings for June, Surpassing Toyota and Sony

Metaplanet, often referred to as the 'Japanese MicroStrategy', has been attracting significant attention on the Tokyo Stock Exchange. According to Reuters on the 8th (KST), Metaplanet recorded a trading volume of ¥1,869.5 billion in June, an increase

DigitalX raises $20.7 million in investment…“Will pursue Bitcoin buying strategy”

Australian virtual asset (cryptocurrency) company DigitalX has secured investment. On the 8th (Korea time), DigitalX announced via X (formerly Twitter) that it had raised $20.7 million through a strategic investment round that included Animoca Brands

‘Short-Selling Expert’ Whale’s Short Position Surpasses $100 Million

The position size of a renowned whale, who has made profits from as many as four short-selling trades just this year, has surpassed $100 million. According to on-chain analyst ai_9684xtpa on the 8th (KST), this whale initiated a Bitcoin (BTC) short p

Bank of Korea files 44 trademark applications for CBDC in 2023

It has been reported that the Bank of Korea filed trademark applications related to central bank digital currency (CBDC). According to KIPRIS (Korea Intellectual Property Rights Information Service) on the 8th (Korean time), the Bank of Korea filed a

ITCEN Creder signs business agreement with DarwinKS... RWA and stablecoins also withdrawable from ATMs

ITCEN Global's subsidiary Creder announced on the 8th that it has signed a ‘business agreement (MOU) to promote blockchain-based financial services’ with DarwinKS. DarwinKS is a company specializing in cryptocurrency (virtual asset) ATMs and foreign

Aptos, RWA TVL Surge 56% Month-on-Month

The total value locked (TVL) of real-world assets (RWA) within the Aptos (APT) network has reportedly surged. According to Wu Blockchain on the 8th (KST), the RWA TVL of Aptos as of today recorded $538 million, a 56.28% increase from the previous mon

Dubai Approves Qatar National Bank's 'Tokenized Money Market Fund'

Trading of tokenized money market funds is expected to begin in Dubai. According to CoinDesk, a media outlet specializing in virtual assets (cryptocurrency), on the 8th (KST), Qatar National Bank and DMZ Finance, which operates the QCD Money Market F

Jin Sung-joon: "We must shift the paradigm from real estate to virtual assets and capital markets"

Democratic Party of Korea Policy Committee Chair Jin Sung-joon proposed the institutionalization of the stock and digital asset (virtual asset) markets as a measure to stabilize the real estate market. According to the industry on the 8th (Korean tim

Ethereum Spot ETF Sees $61.3 Million Net Inflow

The Ethereum (ETH) spot Exchange Traded Fund (ETF) continued its net inflow trend. According to TraderT on the 7th (local time), the Ethereum spot ETF recorded a total net inflow of $61.3 million that day. BlackRock ETHA and Fidelity FETH saw net inf

US Bitcoin Spot ETF sees net inflow of $216.3 million

Bitcoin (BTC) spot exchange-traded funds (ETFs) recorded net inflows. According to TraderT on the 7th (local time), Bitcoin spot ETFs saw an inflow of $216.3 million on this day. BlackRock IBIT saw a net inflow of $164.3 million, followed by Fidelity

Ethereum ICO Whale Resumes Activity After 9 Years

It has been reported that an early whale from the initial token supply (ICO) of Ethereum (ETH) has resumed activity. According to Onchain Lens on the 8th (KST), two Ethereum ICO wallets transferred 1,140 ETH each to different wallet addresses, 6 hour