Uk Jin

Messari "Rootstock, Active Users Surge by 60% in Q3"

In the last quarter, the number of users on the Bitcoin (BTC) sidechain Rootstock has shown a significant increase. Rootstock is the first Bitcoin sidechain that maintains the security and decentralization of the Bitcoin network while adding smart co

Arthur Hayes Predicts 'Cryptocurrency Market to Face Massive Sell-Off After Trump's Inauguration'

On the 18th, Arthur Hayes stated on his blog, "When Trump has his inauguration on January 20th next year (local time), the market will experience a massive crash." He explained, "The election campaign for the midterm elections to be held in November

[Survey] "1 in 5 U.S. Voters Have Experience with Cryptocurrency"

One in five voters in the United States has used or invested in cryptocurrency. On the 17th (local time), the cryptocurrency-focused media outlet Cointelegraph reported that according to a recent survey conducted by Emerson College, about 20% of U.S.

"Next Year's First Crypto ETF Will Be a Synthetic ETF of Bitcoin and Ethereum"

Interest in exchange-traded funds (ETFs) based on cryptocurrency spot markets remains high, with the first ETF expected next year likely to be a synthetic ETF of Bitcoin (BTC) and Ethereum (ETH). According to Cointelegraph on the 17th, Bloomberg ETF

Sejin Oh of Korbit Elected as the Second Chair of DAXA

The Digital Asset Exchange Alliance (hereinafter referred to as 'DAXA'), composed of GOPAX, Bithumb, Upbit, Korbit, and Coinone, announced on the 18th that Korbit, a member company, was elected as the chair company at the extraordinary general meetin

Former Assemblyman Kim Nam-guk, '100 Billion Won Cryptocurrency Concealment Allegation' Sentenced to 6 Months

According to the industry on the 18th, prosecutors have sentenced former Democratic Party of Korea assemblyman Kim Nam-guk to six months in prison for allegedly concealing cryptocurrency worth 100 billion won. Previously, former Assemblyman Kim was a

Choi Sang-mok: "The Government is Not Negative About Virtual Assets"

The government has stated that it is not negative about virtual assets (cryptocurrencies). According to industry sources on the 18th, Choi Sang-mok, Deputy Prime Minister and Minister of Strategy and Finance, participated in a foreign press briefing

US Ethereum Spot ETF, $142 Million Net Inflow

Funds continue to flow into Ethereum (ETH) spot exchange-traded funds (ETFs). On the 17th (local time), according to Farside Investor and Trinews, a total of $142 million was net inflowed into Ethereum spot ETFs on that day. The fund with the largest

US Bitcoin Spot ETF Sees $486 Million Inflow

The US Bitcoin (BTC) spot Exchange-Traded Fund (ETF) continued to see inflows. On the 17th (local time), according to Farside Investor and Trinews, a total of $486.1 million was net inflowed into Bitcoin spot ETFs on that day. The products that recor

"Adoption of Strategic Reserves by the United States Could Propel Bitcoin to $500,000"

Amid ongoing debates over President-elect Donald Trump's pledge to make Bitcoin (BTC) a strategic reserve, there are projections that Bitcoin could reach $500,000 if it is indeed adopted as a strategic reserve by the United States. According to Coint

Trump Meets with Crypto.com CEO to Discuss Virtual Asset Industry

Donald Trump's pledge to promote the virtual asset (cryptocurrency) industry seems to be taking shape. Meetings are taking place between Trump and figures from the U.S. virtual asset industry. According to Bloomberg on the 17th, Chris Marzlek, CEO of

Japan's 'MetaPlanet' Officially Launches New Bitcoin Financial Management Business

MetaPlanet, nicknamed the Japanese version of MicroStrategy for adopting a strategy of incorporating Bitcoin (BTC) as a major asset, is launching a new business utilizing Bitcoin. On the 18th, MetaPlanet announced via X (Twitter) that it is officiall

"The Cryptocurrency Market Could Collapse Quickly"

As the cryptocurrency market has recently shown a rapid upward trend, there are claims that the market could collapse as quickly as it has risen. On the 17th (local time), Jacob King, an analyst at WhaleWire, stated on X (Twitter), "The current crypt

"Re-nomination of Anti-Crypto SEC Commissioner Depends on Trump"

With the vote on the re-nomination of Caroline Crenshaw, a commissioner of the Securities and Exchange Commission (SEC), canceled again, it has been suggested that her future depends on President-elect Donald Trump. On the 17th (local time), Eleanor

Ohio House Representative Submits Bill to Establish Strategic Bitcoin Reserve

According to Watcher Guru on the 17th (local time), an Ohio House Representative submitted a bill to establish a strategic Bitcoin (BTC) reserve for the state government.

"Bitcoin ETF Surpasses Gold"... Asset Management Scale Approaches $130 Billion

The assets under management (AUM) of Bitcoin ETFs, including the Bitcoin (BTC) spot exchange-traded fund (ETF) that emerged earlier this year, have reportedly surpassed those of Gold ETFs. On the 17th (local time), Cointelegraph, citing data from K33

Bitwise Launches Solana Staking ETP in Europe

Cryptocurrency asset management firm Bitwise is attempting to launch a new cryptocurrency spot Exchange-Traded Product (ETP). On the 17th (local time), Unfolded reported that Bitwise is launching a Solana (SOL) staking ETP in Europe. The ticker name

Coinbase Delists wBTC Due to Unacceptable Risks Posed by Justin Sun

Cryptocurrency exchange Coinbase has abruptly delisted Wrapped Bitcoin (wBTC), intensifying its conflict with BitGlobal. On the 17th (local time), according to cryptocurrency exchange CoinDesk, Coinbase stated in court documents that "the reason for

Mantle Launches Scout Program Season 2…"Support Scale of $5 Million"

Ethereum (ETH) Layer 2 Mantle (MNT) announced on the 17th that it plans to launch Mantle Scout Season 2 within this month. Mantle Scout is Mantle's nurturing program aimed at discovering promising cryptocurrency projects, providing strategic support

Trump to "Promote Blockchain Industry... Prevent Overseas Exodus"

President-elect Donald Trump, who has expressed support for blockchain and virtual assets (cryptocurrency) even before his election, has once again confirmed his plans to promote the blockchain industry. According to a video posted by the Blockchain

Which Age Group is Most Active in Cryptocurrency Investment?

According to the '2024 Woori Financial Trend Report: Life of Generation X' released by Woori Financial Group on the 16th, the generation with the highest proportion of cryptocurrency investment is the Millennials. Millennials ranked first with 16.5%

As the Coin Market Rises... Robberies Targeting Coins Surge

Recently, as the virtual asset (cryptocurrency) market has entered a bullish phase, it has been revealed that robberies aimed at illegally seizing virtual assets have become frequent in the United States. According to Cointelegraph on the 16th, the U

[Breaking News] Prosecutors Notify President Yoon of Second Summons

[Today's Global Trending Coins] Bitcoin, Ethereum, Fartcoin, and More

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 cryptocurrency market), the top five cryptocurrency keywords currently attracting the most attenti

Ethereum Experiences Golden Cross of 100-Day and 200-Day Moving Averages

Ethereum (ETH) surpassed $4,000 today, with indicators suggesting the potential for further gains being released. According to Crypto sR on the 16th, a 'golden cross' occurred on Ethereum's chart, where the 100-day moving average and the 200-day movi

Mocanetwork Surges 320% Intraday on Upbit Listing News

Mocanetwork (MOCA) surged intraday. It is analyzed that the buying pressure surged due to the listing news on Upbit. As of 11:03 AM on the 16th, Mocanetwork is recording 530 won, a 320% surge compared to the previous day, based on CoinMarketCap. Prev

Can Bitcoin Achieve an Annual Return of 200%?…Some Predict It Will Reach $120,000 Next Month

Bitcoin (BTC) has once again reached an all-time high, with some predicting that it could surpass $120,000 before Donald Trump takes office. On the 15th (local time), cryptocurrency analysis firm 10x Research stated on its official X (Twitter) accoun

Bitcoin Rises for Seven Consecutive Weeks, Longest Streak Since 2021

Bitcoin (BTC) has risen for seven consecutive weeks. This trend is attributed to expectations of crypto-friendly regulations, MicroStrategy's inclusion in the Nasdaq 100, and continued capital inflow into Exchange-Traded Funds (ETFs). On the 16th, Bl

US FASB Cryptocurrency Fair Value Accounting Rules Officially Implemented

According to Bitcoin Magazine on the 15th (local time), the cryptocurrency fair value accounting standards set by the Financial Accounting Standards Board (FASB) in the United States are now in effect. According to a document released by FASB last ye

Ethereum Surpasses $4,000... Bitcoin Also Breaks Through $106,000