Uk Jin

US Bitcoin Spot ETF Sees $328.8 Million Net Inflow

Bitcoin (BTC) spot exchange-traded funds (ETFs) have recorded a net inflow. On the 20th (local time), according to Trader T, a total of $328.8 million was net inflowed into Bitcoin spot ETFs on this day. BlackRock IBIT recorded the largest net inflow

Kevin O'Leary Criticizes Elizabeth Warren as 'Un-American' for Opposing the Genius Act

Kevin O'Leary, known as a Shark Tank participant and famous investor, has voiced strong criticism against Democratic Senator Elizabeth Warren for opposing the stablecoin (a virtual asset linked to the value of fiat currency) bill known as the 'Genius

Theta Partners with FC Seoul

The decentralized video streaming network Theta (THETA) announced on the 21st via X (formerly Twitter) that it has partnered with FC Seoul. Through this partnership, Theta will launch the operation of the AI agent 'Seoul Mate', advancing as FC Seoul'

US SEC Chairman: "Will Develop Reasonable Regulations for the Virtual Asset Market"

Paul Atkins, a commissioner of the Securities and Exchange Commission (SEC), stated that "As the SEC chairman, my priority is to develop a reasonable regulatory framework for the virtual asset (cryptocurrency) market, establish clear rules for the is

US SEC Charges Unicoin with $100 Million Fraud Allegations

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Unicoin (UNIC). On the 20th (local time), the SEC announced on its official website that it had filed a lawsuit against Unicoin and three company executives. The S

Crypto Fear & Greed Index Scores 70 Points, Down 1 Point from Previous Day

According to the cryptocurrency data provider Alternative on the 21st, the Crypto Fear & Greed Index scored 70 points, down 1 point from the previous day. As of 9:15 a.m. today, Bitcoin (BTC) is trading at $106,735 on CoinMarketCap, up 0.62% from the

Texas House Passes Bitcoin Strategic Reserve Bill

Attention is drawn to whether a strategic Bitcoin (BTC) reserve bill will pass in Texas, USA. The bill has passed the House on this day. According to Bitcoin.com News on the 20th (local time), the Texas House of Representatives in the USA passed the

[Today's Major Economic and Cryptocurrency Schedule] May EIA Crude Oil Inventory, etc.

<Today's Major Economic Schedule> ▶21st (Wed): △May EIA Crude Oil Inventory (Korean time 21st 23:30 / Local time 10:30) △May EIA Gasoline Inventory (Korean time 21st 23:30 / Local time 10:30) △Target Earnings Announcement △TJX Earnings Announcement △

Ethereum DEX User Count Increases by 73% in Two Weeks

The number of users of Ethereum (ETH)-based decentralized exchanges (DEX) has surged recently. According to The Block, a cryptocurrency-focused media outlet, the daily active users (DAU) of Ethereum DEX recently reached 64,000. This is a 73% increase

Bitcoin Falls Below $106,000

"Sell in May" is an old saying... Bitcoin Touches $107,000 Intraday

The adage 'Sell in May' in the investment market, including traditional finance, does not seem to hold true this year. Bitcoin (BTC) has surpassed $107,000 intraday, challenging its all-time high. As of 7:06 AM on the 21st, Bitcoin is trading at $106

Democratic Party Criticizes Lee Jun-seok's Stablecoin Remarks as Full of Errors… Hopes for Further Learning

The Democratic Party strongly criticized the remarks made by Lee Jun-seok, the presidential candidate of the Reform New Party, during the first presidential candidate TV debate. On the 20th, the Digital Asset Committee under the Democratic Party's el

[Today's Global Trending Coins] USDC, Solana, XRP, and More

According to the top gainers of Token Mindshare (a metric quantifying the influence of specific tokens in the cryptocurrency market) from the AI-based Web3 search platform Kaito, the top 5 cryptocurrencies currently attracting the most attention as o

Korean Investors Captivated by XRP... Domestic Market Cap Rivals Bitcoin

An analysis of domestic investors' virtual asset (cryptocurrency) investments revealed that a quarter of the total investment amount was concentrated in XRP (Ripple). According to the '2024 Second Half Virtual Asset Business Survey' released by the F

Even During the Virtual Asset Boom... Domestic Wallet and Custody Operators Suffered

Last year, the virtual asset (cryptocurrency) market grew rapidly, but the actual usage of virtual asset wallets and custody services plummeted. The Financial Services Commission announced on the 20th the results of the '2024 Second Half Virtual Asse

Domestic Virtual Asset Market Cap Surpasses 107 Trillion Won, Doubling in Half a Year

In the second half of last year, the market capitalization of domestic virtual assets (cryptocurrencies) nearly doubled compared to the first half of the same year. According to the '2024 Second Half Virtual Asset Business Survey' released by the Fin

US Bitcoin Spot ETF Sees $666.5 Million Inflow

The Bitcoin (BTC) spot exchange-traded fund (ETF) recorded a net inflow. On the 19th (local time), according to TraderT, a total of $666.5 million was net inflowed into the Bitcoin spot ETF. BlackRock IBIT accounted for $305 million of the inflow, co

Democratic Party "Need for Won Stablecoin"... Discussion to be Held on the 21st

The Democratic Party of Korea has expressed concerns about dollar-based stablecoins (virtual assets linked to the value of fiat currency). Min Byung-deok, chairman of the Digital Asset Committee under the Democratic Party's election campaign committe

US Senate Passes 'Cloture Motion' for Stablecoin Bill

In the United States, a stablecoin (a virtual asset linked to the value of fiat currency) bill is set to be reviewed. On the 19th (local time), Eleanor Terrett, host of Crypto in America, announced on X (formerly Twitter) that the cloture motion for

People's Bank of China Lowers 'De Facto Benchmark Rate' LPR by 10bp

On the 20th, the People's Bank of China, the central bank of China, announced that it has set the Loan Prime Rate (LPR) at 3.00% for a one-year term and 3.50% for a five-year term. This is a reduction of 10bp (1bp=0.01% point) compared to the previou

Solana Labs Subsidiary 'Anja' Proposes New Proof-of-Stake Protocol 'Alpenglow'

Attention is drawn to whether a new Proof-of-Stake (PoS) based consensus protocol can emerge from Solana (SOL). On the 19th (local time), according to the cryptocurrency specialized media Cointelegraph, Solana Labs' subsidiary Anja introduced the new

Genesis Files Lawsuit Against Parent Company DCG Over $1.2 Billion Fund Transfer

The bankrupt cryptocurrency lending company Genesis has filed a lawsuit against its parent company, Digital Currency Group (DCG). According to Bloomberg Law on the 19th (local time), Genesis submitted a complaint to the Southern District of New York

Crypto Fear & Greed Index Records 71 Points, Maintaining Greed Stage

According to the cryptocurrency data provider Alternative on the 20th, the Crypto Fear & Greed Index recorded 71 points, down 3 points from the previous day. As of 9:15 a.m. today, Bitcoin (BTC) is trading at $106,007 on CoinMarketCap, down 0.78% fro

Bithumb Expands Market Share in South Korea... Strategy Targeting Individual Investors Succeeds

The South Korean virtual asset (cryptocurrency) exchange Bithumb has successfully recovered its market share over the past two years. On the 19th (local time), Bloomberg News, citing Kaiko data, reported that Bithumb currently accounts for a quarter

[Analysis] "Bitcoin Outperforms Gold in Risk-Adjusted Return Indicator"

Bitcoin (BTC) recently surpassed $100,000, emphasizing its role as a 'store of value,' according to analysis. On the 19th (local time), Cointelegraph, a cryptocurrency-focused media outlet, reported that Jurrien Timmer, Fidelity's Global Macro Direct

[Today's Major Economic and Cryptocurrency Schedule] People's Bank of China Loan Prime Rate LPR Decision, etc.

<Today's Major Economic Schedule> ▶20th (Tuesday): △Speech by Federal Reserve Board Member Adriana Kugler △Speech by St. Louis Fed President Alberto Musalem △Speech by Richmond Fed President Thomas Barkin △Home Depot Earnings Announcement △Palo Alto

XRP Airdrop?…Fake Ripple Accounts Promote Scams with Deepfake Videos

Investors are advised to be cautious as fake accounts impersonating Ripple, the issuer of XRP, have appeared. It has been confirmed that these accounts have posted videos of Ripple officials using deepfake technology. On the 19th (local time), accord

Trump Dinner D-3... Who Will Participate?

The much-debated private dinner of President Donald Trump is set to take place in three days. It is reported that 220 top holders of the meme coin OfficialTrump (TRUMP) have been invited to Trump's dinner. Among the 220 invitees, the top 25 holders w

Coinbase Faces Class Action Lawsuit in Illinois for Alleged Violation of Privacy Law

Coinbase, the largest cryptocurrency exchange in the United States, is reportedly facing a class action lawsuit. According to Cointelegraph, a cryptocurrency-focused media outlet, on the 18th (local time), Coinbase users in Illinois filed a lawsuit i

FKI "Digital Asset Legislation Needed... Cautious Introduction of Dollar-Based Stablecoins"

Amid growing interest in digital assets, including stablecoins (virtual assets linked to the value of fiat currency), in South Korea, there is an opinion that the introduction of 'dollar-based stablecoins' should be carefully considered. According to