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At Binance, the world's largest cryptocurrency exchange, the dominance (market share) of altcoins (cryptocurrencies excluding Bitcoin) has surged to 77%. This has led to analyses suggesting that the momentum for altcoins has significantly strengthene
The consumer-friendly blockchain Abstract Chain (ABSTRACT) is set to launch this month. On the 12th, Abstract Chain announced via its official X (Twitter) that "Abstract will be launched this month." Abstract Chain is a Layer 2 network created by Luc
According to the cryptocurrency data provider Alternative on the 12th, the Crypto Fear & Greed Index recorded 62 points, down 7 points from the previous day. While the leading cryptocurrency Bitcoin (BTC) is showing a sideways trend, some altcoins (c
Investor expectations for Layer 1 Verachain (BERA) are rising. The pre-deposit amount has surpassed 1.1 billion dollars (1.6 trillion KRW). On the 12th, WuBlockchain reported, citing data from Dune Analytics, that Verachain's pre-deposit amount has e
An analysis has emerged suggesting that the virtual asset (cryptocurrency) market is entering a period of significant price increase. According to Cointelegraph on the 12th, Raoul Pal, CEO of Real Vision, stated on his X (Twitter) that "We are still
Ethereum (ETH) Layer 2 Mantle (MNT) announced on the 10th that its liquidity staking token (LST) mETH has been added to the crypto lending platform Compound (COMP). This integration is the result of a Compound community vote. On the 8th, Compound tok
Bithumb announced on the 9th that it is offering a 55% discount on Everland all-day passes in collaboration with Everland. This event will run until March 31, and any Bithumb member can purchase Everland all-day passes at a 55% discounted price. The
Web3 specialized research company Tiger Research announced on the 9th that it has partnered with blockchain infrastructure company A41. Through this partnership, Tiger Research will be able to provide research on the blockchain infrastructure market
Intellectual Property (IP) blockchain platform Story's developer, PIP Labs, announced on the 9th that it has formed a strategic partnership with image-generating artificial intelligence (AI) company Stability AI. The collaboration between the two com
Avalon Labs, the issuer of the Bitcoin (BTC)-based stablecoin (a virtual asset linked to the value of fiat currency) USDa, has unveiled its own token. On the 9th, Avalon Labs announced on X (formerly Twitter) that "we have entered the Token Generatio
As Donald Trump, the president-elect, has promised to make the United States a hub for Bitcoin (BTC), it has been revealed that U.S. institutions hold an overwhelmingly higher amount of Bitcoin compared to foreign companies. On the 9th, the cryptocur
Amid the U.S. Department of Justice's approval for the sale of government-owned Bitcoin (BTC) seized from the dark web 'Silk Road', there are claims that there is no need to worry. On the 9th, Joo Ki-young, CEO of CryptoQuant, stated on X (Twitter),
The reason for the temporary access disruption at cryptocurrency exchanges during President Yoon Suk-yeol's martial law declaration on December 3rd last year has been revealed. It was found that as many as 1.1 million investors flocked to the exchang
The U.S. Commodity Futures Trading Commission (CFTC) has reportedly issued a subpoena to the cryptocurrency exchange Coinbase. According to WuBlockchain on the 9th, the CFTC has issued a subpoena to Coinbase, requiring it to provide information relat
According to the top gainers on the AI-based Web3 search platform Kaito's Token Mindshare (a metric quantifying the influence of specific tokens in the crypto market), the top five cryptocurrencies currently garnering the most attention are Bitcoin (
The Ethereum (ETF) spot exchange-traded fund (ETF) continued its outflow trend. On the 8th (local time), according to Passide Investor and TraderT, a total of $159.4 million was withdrawn from the Ethereum spot ETF on that day. The products that reco
The Bitcoin (BTC) Spot Exchange-Traded Fund (ETF) has recorded an outflow. According to Farside Investor and TraderT on the 8th (local time), the Bitcoin Spot ETF saw a total outflow of $569 million on this day. In terms of outflow size, Fidelity FBT
The bankrupt cryptocurrency exchange FTX claimed that Backpack, which acquired its European Union (EU) branch, did not actually receive court approval. According to Cointelegraph on the 9th, FTX stated in a statement, "Backpack has never received app
While major cryptocurrencies are showing a bearish trend during trading, altcoins are noticeably rising on domestic cryptocurrency exchanges. As of 10:38 AM on the 9th, Strike (STRIKE) is trading at 33,440 KRW on Upbit, a 91.74% surge compared to the
Advisors to President-elect Donald Trump, who is set to be inaugurated on the 20th, are reportedly drafting a list to overhaul the leadership of the Federal Reserve (Fed). With Michael Barr, the Vice Chair for Supervision, announcing his resignation,
Amid growing anticipation for the launch of altcoin spot exchange-traded funds (ETFs), it is expected that Ripple and Solana (SOL) ETFs have more than a 70% chance of being listed this year. On the 9th, Park Woo-yeol, a researcher at Shinhan Investme
It has been reported that the Supreme Court has finally canceled the additional income tax of about 73.1 billion won and corporate tax of about 200 million won imposed on Bithumb by the National Tax Service. According to the industry on the 9th, the
According to the cryptocurrency data provider Alternative, the Crypto Fear and Greed Index recorded 69 points, down 1 point from the previous day. As of 9 a.m. today, Bitcoin (BTC) is trading at $94,979 on CoinMarketCap, down 1.80% from the previous
El Salvador, the first country to adopt Bitcoin (BTC) as legal tender, has reportedly made an additional purchase of Bitcoin. According to Bitcoin Office monitoring on the 9th, the government of El Salvador bought 11 more Bitcoins (worth $1.03 millio
<Today's Major Economic Schedule> ▶Thursday, 9th: △U.S. Crude Oil Inventory △United States Federal Open Market Committee (FOMC) Minutes △U.S. Initial Jobless Claims <Today's Major Cryptocurrency Schedule> ▶Thursday, 9th: △Movement (MOVE) 50 million M
While Bitcoin (BTC) is showing a bearish trend, it appears that whales (addresses holding 1,000 or more Bitcoins) have been accumulating Bitcoin in large quantities. On the 9th, CryptoQuant contributor Kauai Economy reported in a report that "institu
According to Fox Business News on the 8th (local time), the Trump transition team announced that they are considering six candidates for the next CFTC chair, including Brian Quintenz, a16z policy head, Summer Mersinger, CFTC commissioner, and Marco S
A bill has been proposed in the United States to allow salary payments using Bitcoin (BTC). On the 8th (local time), Bitcoin Magazine announced via X (Twitter) that "Oklahoma Senator Dusty Devers has proposed the 'Bitcoin Freedom Act' to allow worker
Mark Cuban, a well-known proponent of Bitcoin (BTC) and a US billionaire, expressed his opinion that Bitcoin is excellent for hedging against economic risks. On the 8th (local time), according to CNBC, Mark Cuban stated in an interview with Wired, "B