Uk Jin

Tether CEO responds to IPO questions… Says "Not necessary"

Recently, as the issuer of the stablecoin (a virtual asset pegged to fiat currency) USDC, Circle, achieved great success with its Initial Public Offering (IPO) on the US stock market, attention has also turned to whether Tether (USDT), which holds th

Substitute Amendment to the U.S. Digital Asset Market Clarity Act Released

On the 8th (local time), Eleanor Terrett reported that French Hill, the U.S. Representative from Arkansas, released a substitute amendment (ANS) to the U.S. Digital Asset Market Clarity Act. The substitute amendment is an updated version of the origi

[Today's Major Economic & Cryptocurrency Schedule] China May Consumer Price Index and More

<Today's Major Economic Schedule> ▶︎Monday the 9th: △Japan Q1 GDP (KST 8:50, US time 19:50) △China May Consumer Price Index (KST 10:30, US time 21:30) △China May Trade Balance (KST 12:00, US time 23:00) <Today's Major Cryptocurrency Schedule> ▶︎Monda

Sui DEX Cetus resumes operations after overcoming $220 million hacking loss

Cetus (Cetus), a decentralized exchange (DEX) based on Sui (SUI) that suffered a large-scale hacking incident last month, is resuming its operations. According to The Block, a media outlet specializing in virtual assets (cryptocurrency), Cetus restar

Key Figure in Virtual Asset Kidnapping Case Arrested in Morocco

The key figure in a series of rapidly increasing virtual asset (cryptocurrency) kidnapping cases has been apprehended by the police. According to local media on the 8th (local time), the Moroccan national police arrested Badis Mohamed Bazou, 24, in T

Bitcoin network records lowest transaction activity since October 2023

It has been observed that transaction activity within the Bitcoin (BTC) network has significantly decreased. On the 8th (local time), the digital asset (cryptocurrency) media outlet The Block reported that, although Bitcoin's price is holding near it

"Gold Surpasses Bitcoin and S&P 500 in Terms of Growth Rate"

While the leading virtual asset (cryptocurrency) Bitcoin (BTC) is hovering around $100,000, gold, regarded as a safe haven asset, has surpassed Bitcoin in terms of value growth rate. On the 9th (KST), Mike McGlone, a Bloomberg analyst, stated on X (f

"2025: The Most Dangerous Year for Virtual Asset Investors"

There have been views that this year is becoming the most dangerous for virtual asset (cryptocurrency) investors. According to U.Today, a virtual asset media outlet, on the 8th (local time), Alex Thorn, head of Firmwide Research at Galaxy Digital, sa

Michael Saylor Hints at Additional Bitcoin Purchases This Week

Strategy (formerly MicroStrategy) is expected to continue purchasing Bitcoin (BTC) again this week. On the 9th (KST), Michael Saylor, CEO of Strategy, posted the 'Saylor Tracker Chart' on X (formerly Twitter). Saylor, the CEO, has always posted this

"U.S. Debt Crisis Could Make Bitcoin the World's Reserve Currency"

Amid growing market concerns over the U.S. national debt, there have been opinions suggesting that if this issue isn't resolved, Bitcoin (BTC) could take the place of the global reserve currency. According to Decrypt, a crypto-focused media outlet, o

'Bitcoin Reserve' H100 Secures Additional $2.1 Million from Adam Back

Sweden's healthcare group H100, which has formalized its Bitcoin (BTC) reserves, has successfully secured additional funding. H100 plans to actively increase its Bitcoin reserves using the proceeds. According to Cointelegraph on the 4th (Korean time)

Binance Alpha, Nears 2.7 Trillion KRW in Trading Volume Yesterday

Binance's new coin promotion project, Binance Alpha, reportedly recorded a trading volume close to $2 billion (2.7 trillion KRW) yesterday. According to Dune Analytics on the 4th (KST), Binance Alpha posted a trading volume of $1.93 billion yesterday

Polyhedera, Soulbound Token PANBUBU Launched

On the 3rd, Polyhedera Network (ZKJ) announced via X (formerly Twitter) that it will be allocating the soulbound token PANBUBU as a reward for ecosystem participation. Polyhedera explained, "All addresses that held Polyhedera between May 7 and May 31

SEC Chairman Atkins: "A New Day is Coming... We Must Create a Reasonable Virtual Asset Regulatory Framework"

Paul Atkins, who was newly inaugurated this year as the chairman of the Securities and Exchange Commission (SEC), has declared a commitment to reforming the SEC’s structure. According to Decrypt on the 3rd (local time), Chairman Atkins stated at the

Global Attention on President Lee’s Virtual Asset Policies... Korean Won Stablecoin, Virtual Asset ETF, etc.

Following the snap presidential election held the previous day, candidate Lee Jae-myung has been elected president, and the overseas virtual asset (cryptocurrency) industry is expressing anticipation for President Lee’s virtual asset policies. On the

[Today's Global Trending Coins] PumpFun · Solana · Magic Eden etc.

According to the Token Mindshare Top Gainer on the artificial intelligence (AI)-powered Web3 search platform Kaito, as of the 4th, the top 5 cryptocurrencies drawing the most attention are PumpFun (PUMP), Solana (SOL), Magic Eden (ME), Official Trump

[Analysis] "Institutional Investors Realize Profits Following Bitcoin Golden Cross"

It has been observed that institutional investors began to realize profits after Bitcoin (BTC) showed a golden cross about two weeks ago. On the 3rd (local time), cryptocurrency-focused media outlet CoinDesk reported that investors started to take pr

Whale 'James Win' Reduces Long Position Size… Liquidation Price at $104,710,000

According to on-chain analyst ai_9684xtpa on the 4th (Korean time), Hyperliquid (HYPE) well-known whale James Win sold 189.74 Bitcoins from his Bitcoin (BTC) long position (bullish bet) 15 minutes ago. As a result, his Bitcoin long position has decre

Ethereum Spot ETF Sees Net Inflow of $109.3 Million

The Ethereum (ETH) spot exchange-traded fund (ETF) achieved 12 consecutive trading days of net inflows. According to Trader T on the 3rd (local time), the Ethereum spot ETF recorded a total net inflow of $109.3 million that day. BlackRock ETHA posted

U.S. Bitcoin Spot ETF Sees Net Inflow of $375.1 Million

The Bitcoin (BTC) spot Exchange-Traded Fund (ETF) has successfully turned to a net inflow. According to Trader T on the 3rd (local time), a total net inflow of $375.1 million was recorded in Bitcoin spot ETFs on that day. ARK Invest's ARKB (+$139 mil

Eric Trump: "Will Take Legal Action Against Trump Wallet"

Controversy continues to surround 'Trump Wallet,' launched by Magic Eden (ME) and Trumpmeme. In particular, Eric Trump, the second son of former President Donald Trump, is reportedly considering legal action. On the 3rd (local time), The New York Tim

'Bitcoin Reserve Effect'… Metaplanet Dominates Both Trading Volume and Value on the Tokyo Stock Exchange

Companies holding Bitcoin (BTC) have been receiving significant attention in the Japanese stock market. On the 4th (local time), Simon Gerovich, CEO of Metaplanet, announced on X (formerly Twitter) that "Metaplanet has, for the first time in its hist

Trump Wallet EXY account suspended

According to EXY on the 3rd (local time), the official EXY account of Trump Wallet (Trump Wallet) has been suspended.

Magic Eden: "Trump Wallet Holds Trump Brand and IP"

As controversy grows around the 'Trump Wallet' launched by Magic Eden (ME), Magic Eden has released a statement. According to Eleanor Terrett, a host at CryptoIn America, on the 3rd (local time), Magic Eden responded to the question, 'Is Trump Wallet

Spanish coffee chain 'Banadi' considers $1.1 billion Bitcoin investment

Spanish coffee chain 'Banadi' is looking to transform itself into a Bitcoin (BTC) investment company. According to BeInCrypto on the 3rd (local time), Banadi is reviewing a plan to invest over $1.1 billion in Bitcoin. Notably, Banadi is expected to s

U.S. Senate Committee to Hold Confirmation Hearing for CFTC Chair Nominee on the 11th

A confirmation hearing for Brian Quintenz, a director at Andreessen Horowitz (a16z) who is expected to assume the currently vacant chairmanship of the Commodity Futures Trading Commission (CFTC), will be held at 4 a.m. (KST) on the 11th. On the 3rd (

Ethereum Co-Founder: "In Talks With Several Sovereign Wealth Funds on Ethereum Infrastructure"

According to Decrypt, a cryptocurrency-focused media outlet, on the 3rd (local time), Joseph Lubin, co-founder of Ethereum (ETH) and CEO of ConsenSys, which provides infrastructure for Ethereum, stated in an interview, "We are discussing ways to buil

XRP Ledger payment volume hits lowest level since last October…“Strategic partnerships viewed positively”

XRP payment volume within the XRP Ledger (XRPL) has recently plummeted. On the 3rd (local time), cryptocurrency-focused media outlet CoinDesk analyzed data from XRP Scan, reporting that the number of XRP payment transactions on the XRP Ledger reached

Virtual Asset Fear & Greed Index Records 62 Points… Down 2 Points from Previous Day

According to data provider Alternative on the 4th (KST), the virtual asset (cryptocurrency) Fear & Greed Index recorded 62 points, down 2 points from the previous day. As of 9:04 AM today, Bitcoin (BTC) is trading at $105,493 on CoinMarketCap, down 0

Election Impact?…Nexpace surges 15% intraday

Nexon's virtual asset (cryptocurrency) project Nexpace (NXPC) is experiencing a steep intraday rise. This is believed to be due to the early presidential election held yesterday. As of 8:45 a.m. KST on the 4th, Nexpace is trading at ₩2,154 on the cry