Bitcoin gives up $70,000


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The Bank of Canada has completed a pilot with major commercial banks to issue and trade tokenised bonds. According to CoinDesk on the 6th (KST), the central bank said it had concluded “Project Samara,” a joint initiative with leading domestic financi

Bitcoin (BTC), the bellwether cryptocurrency, appears to have been withdrawn from exchanges in large volumes. On the 6th (Korea time), crypto news outlet Cointelegraph, citing a report by Axel Adler Jr., a contributor at CryptoQuant, reported that ab

Kazakhstan’s central bank is reportedly considering investing part of its foreign exchange reserves in crypto assets (cryptocurrencies). On the 6th (Korea time), Reuters reported that Timur Suleimenov, governor of the National Bank of Kazakhstan, sai

The Bank of Russia is considering introducing a “notification-based” regime that would allow banks and securities firms holding existing financial licenses to operate virtual-asset (cryptocurrency) exchanges without a separate approval process. Accor

An analysis suggests that crypto (cryptocurrency) exchanges are expanding into traditional finance (TradFi) derivatives venues. On the 6th (Korean time), crypto analytics firm CryptoQuant said in a report that "Binance’s perpetual futures for traditi
![[Analysis] "Gold and silver now trade on crypto exchanges…surge in perpetual futures for traditional assets"](/images/default_image.webp)
The City of Vancouver, Canada, has run into resistance from the city administration over its long-pursued plan to introduce a Bitcoin (BTC) reserve. According to Cointelegraph, a digital-asset news outlet, on the 6th (Korea time), many Vancouver city

The U.S. Securities and Exchange Commission (SEC) is tightening regulation of high-leverage exchange-traded funds (ETFs). The move is fueling a debate over the consistency of the SEC’s regulatory standards, given that it has approved a series of ETFs

DarwinKS said on the 6th that it is pushing ahead with the development of an ‘MTM (multi-digital automated teller machine)-based payment service for foreign users’ with real-estate payments fintech firm HomesPay. DarwinKS is a company that has obtain


British lender Standard Chartered is said to be weighing an expansion of its digital-asset business in Asia, including by appointing a new executive to lead the relevant division. According to Blockhead on the 6th (Korea time), Standard Chartered sai

A forecast has emerged that it will be hard to see another “alt season,” a phenomenon in which altcoins—cryptoassets other than Bitcoin (BTC)—surge broadly across the market. According to crypto-focused outlet Cointelegraph on the 6th (Korea time), M

<Today's Key Economic Calendar> ▶︎ Fri (6th): △Korea February Consumer Price Index (08:00), △US January Retail Sales (07:30 local time, 21:30 Korea time), △US February Nonfarm Payrolls (08:30 local time, 22:30 Korea time), △US February Unemployment R
![[Today's Key Economic & Crypto Calendar] US February Nonfarm Payrolls, etc.](/images/default_image.webp)
With XRP still trading at relatively low levels versus its peak, signs have emerged that large investors have been conducting sizable accumulation. On the 6th (Korea time), The Crypto Basic, citing Santiment data, reported that from the time the shar

Citrea, a Bitcoin (BTC) scaling protocol, said it plans to expand into the Korean market to scale Bitcoin-based decentralized finance (DeFi). Esad Yusuf Atik, co-founder of Citrea, attended a meetup held on the 5th at Dreamplus Gangnam in Seoul and s

South Korea’s financial authorities are set to begin discussions on “phase-two legislation” aimed at improving the institutional framework for the virtual asset (cryptocurrency) market and broadening its base. The centerpiece is to overhaul the issua

The ruling and opposition parties, together with the government, are restarting discussions to enact the Digital Asset Basic Act. A ruling-party–government consultative meeting related to the bill is scheduled to be held on the 5th. According to poli

Prime Minister Kim Min-seok on the 1st issued an emergency directive in connection with the outbreak of a military clash between the United States and Israel, and Iran, ordering that "public safety and protection of overseas Koreans be prioritized ab
![[Breaking] PM Kim orders emergency measures over Iran crisis: "Public safety and protection of overseas Koreans top priority"](/images/default_image.webp)
<Key economic events next week> ▶︎ 2 (Mon): △South Korea alternative holiday for Independence Movement Day △US February Manufacturing PMI (local 09:45, Korea 23:45), △US February ISM Manufacturing PMI (local 10:00, Korea 3rd 00:00) ▶︎ 3 (Tue): △Europ
![[Key Economic and Crypto Calendar for the Week Ahead] US February Nonfarm Payrolls, etc.](/images/default_image.webp)
Global financial assets swung as the Middle East conflict, sparked by US and Israeli airstrikes on Iran, intensified. With traditional financial markets closed, crypto (digital-asset) based decentralized exchanges—where trading is available 24 hours

Reuters reported that Iran's state television said on the 1st (local time) that Abdolrahim Mousavi, chief of staff of Iran's armed forces, has died.
![[Breaking] Iran state media: "Iran's armed forces chief of staff confirmed dead"](/images/default_image.webp)
South Korea’s National Tax Service (NTS) has issued an apology after an incident in which the private key of a digital-asset wallet was leaked, leading to the loss of a large amount of cryptocurrency. According to industry sources on the 1st (Korea t


South Korea’s financial authorities said they could immediately implement a ₩100 trillion market-stabilization program if necessary, as tensions in the Middle East persist following the death of Iran’s Supreme Leader Ayatollah Seyyed Ali Khamenei in

U.S. President Donald Trump warned that if Iran launches a large-scale attack, the United States would respond “with a force we have never seen before.” In a post on his social media platform Truth Social on the 1st (local time), Trump said, “Iran ha

An analysis has found that open interest in Ethereum (ETH) is plunging, as traders appear to be moving into risk-off mode amid escalating tensions between the United States and Iran. On the 1st (Korea time), CryptoQuant contributor Darkfost said in a
![[Analysis] "Ethereum open interest plunges...risk-off sentiment strengthens"](/images/default_image.webp)
Vitalik Buterin, co-founder of Ethereum (ETH), said he plans to introduce “smart accounts” incorporating account abstraction on the Ethereum network within a year. According to crypto-focused outlet Cointelegraph on the 1st (KST), Buterin wrote on X

Bitcoin (BTC) regained the $68,000 level intraday. With the Middle East conflict ongoing, reports of the death of Iran’s Supreme Leader Ayatollah Ali Khamenei were interpreted as having bolstered risk appetite. As of 11:40 a.m. KST on the 1st, bitcoi
![[Market] Bitcoin rebounds to $68,000 intraday… volatility rises amid Middle East conflict](/images/default_image.webp)
According to Iranian state media, Reuters reported on the 1st (local time) that Ayatollah Seyyed Ali Khamenei, Iran’s Supreme Leader, was assassinated while at work in his office. The state media said, "Khamenei died after being attacked while perfor
![[Breaking] Iranian state media: "Khamenei assassinated in his office"](/images/default_image.webp)
A view has emerged that institutional investors see the "tokenisation of exchange-traded funds (ETFs)" as central to expanding the digital-asset (cryptocurrency) market. On the 1st (Korea time), Crissa McFarlane, CEO of Patientory, wrote in a Forbes
