Uk Jin

Spot Ether ETFs Draw $64.9 Million of Net Inflows

Spot Ether exchange-traded funds drew net inflows of $64.9 million on July 10, according to Farside Investors. BlackRock's ETHA led with $53.7 million of net inflows. BlackRock's ETHB and 21Shares' TETH followed with $8.1 million and $3.7 million, re

US Reaches Deal to Unfreeze Iranian Assets Held at Foreign Banks: Reuters

US Spot-Bitcoin ETFs Post $240.4 Million of Net Inflows

US spot-Bitcoin exchange-traded funds extended their streak of net inflows. Farside Investors data showed the funds recorded combined net inflows of $240.4 million on July 10. BlackRock's IBIT led with $137.6 million of net inflows, followed by Fidel

Hong Kong Starts Second-Round Stablecoin License Reviews; Futu, OSL Emerge as Top Candidates

Hong Kong is stepping up its rollout of stablecoin licenses. BlockBeats, citing Caixin, reported on April 11 that the Hong Kong Monetary Authority is conducting a second round of reviews for stablecoin issuance licenses. People familiar with the matt

Bitcoin Seen Easing Housing Affordability Pressures

Bitcoin could help reduce price distortions in the housing market and ease the burden younger generations face in buying a home, according to comments highlighted by Wu Blockchain. Jeff Park, chief investment officer at ProCap, told Bankless that rea

Arizona Court Temporarily Blocks State Enforcement Against Kalshi, Bars Gambling Law Claims

An Arizona court has temporarily blocked state enforcement against prediction market Kalshi. Cointelegraph reported on April 11 that US District Judge Michael Liburdi in Arizona granted a request from the Commodity Futures Trading Commission and the

Iran to Raise U.S. ‘Broken Promises’ in Talks With Pakistan Premier

Iran plans to formally raise what it sees as U.S. breaches of prior commitments with Pakistan, which has been mediating talks related to Washington. Iran’s semi-official Tasnim News Agency reported on July 11 that an Iranian delegation led by Parliam

Ethereum On-Chain Activity Hits Record, Signaling Possible Undervaluation

Ethereum network activity has reached a record high, underscoring a disconnect between the token’s price and its underlying fundamentals. CryptoQuant contributor CryptoOnchain wrote in a June 11 report that the seven-day moving average of Ethereum’s

RAVE DAO Jumps 111% in Intraday Trading

RAVE DAO was soaring in intraday trading. As of 3:52 p.m. Korea time on July 11, the token was trading at $2.10 on CoinMarketCap, up 111.46% from a day earlier. It has gained more than 700% over the past week.

XRP Holds Key Support as Oversold Signals Stir Rebound Hopes

XRP is holding a key support level despite a prolonged downtrend, raising the possibility of a rebound if that floor remains intact. Cointelegraph reported on April 11 that XRP has remained in a downtrend for the past eight months, while its relative

Ethereum Flashes First Clear Bullish Signal on Binance Derivatives Market in About Three Years

Ethereum is showing its first clear bullish signal in about three years on Binance's derivatives market, according to an analysis. BeInCrypto reported on April 10, citing CryptoQuant contributor Darkfost, that Ethereum is flashing a bullish signal in

US Stocks Open Higher Ahead of US-Iran Talks; Crypto Shares Advance

U.S. stocks opened higher on June 10 ahead of talks between the U.S. and Iran scheduled for this weekend. Early in the session, the S&P 500 and Nasdaq Composite rose 0.15% and 0.55%, respectively, from the previous close. The Dow Jones Industrial Ave

Bittensor Co-Founder Denies Claims He Halted Subnet Rewards as Ecosystem Turmoil Continues

Bittensor, a decentralized network focused on artificial intelligence, continues to face fallout over a developer exit and a dispute over operating control. The project’s co-founder has flatly denied allegations related to subnet rewards. The Block r

Securitize Integrates With TRON to Expand Tokenized Real-World Assets

Securitize, a tokenized real-world asset issuer, announced on Nov. 10 that it has integrated with TRON, allowing its tokenized funds and securities to be offered on the TRON network. The partnership expands Securitize’s multichain strategy and lays t

US March CPI Rises 3.3%, Below Market Forecast

U.S. consumer prices rose less than expected in March. The Bureau of Labor Statistics, part of the Labor Department, said on April 10 that the consumer price index increased 3.3% from a year earlier in March. That was 0.1 percentage point below the 3

K Bank to Suspend Services for 10 Hours Early June 19 for System Update

K Bank said on June 10 that it will temporarily suspend services early Sunday, June 19, for a system update. The outage will last about 10 hours, from midnight to 10 a.m. on June 19. During that time, all financial transactions through K Bank's app a

TD Cowen Cuts Strategy Price Target 20.5% to $350 on Weaker Bitcoin Outlook

TD Cowen lowered its price target on Strategy after cutting its outlook for Bitcoin. The Block reported on April 10 that TD Cowen reduced its target price on Strategy to $350 from $440 in a research note, while keeping its buy rating. The lower targe

Bitcoin Tops $72,000

Strategy Seen Buying About 8,000 More Bitcoin This Week

Strategy, the world’s largest corporate holder of Bitcoin, is estimated to buy about 8,000 more of the cryptocurrency this week. BitcoinTreasuries.net reported on Aug. 10 that Strategy is projected to purchase roughly 8,000 Bitcoin this week using fu

GOPAX Rolls Out Company-Wide Energy-Saving, Emergency Economy Campaign

GOPAX, a South Korean cryptocurrency exchange, said Aug. 10 that it will launch an "Energy-Saving and Emergency Economy Response Campaign" across the company as part of its corporate social responsibility efforts and a push to strengthen internal ope

Flare Proposes Cutting Annual Token Inflation to 3% From 5%

Flare, a decentralized finance protocol, has proposed a governance overhaul to sharply reduce token inflation. CoinDesk reported on April 10 that Flare plans to cut its annual token inflation rate to 3% from 5% and lower the cap on token issuance. Th

HSBC, Standard Chartered Granted Stablecoin Issuer Licenses in Hong Kong

The Hong Kong Monetary Authority said on April 10 that it had granted stablecoin issuer licenses to Standard Chartered and the Hongkong and Shanghai Banking Corp., or HSBC, under the Stablecoins Ordinance. The licenses took effect the same day. The t

Binance Weighs Relocating UAE Staff to Hong Kong, Tokyo and Other Asian Cities Amid War Fallout

Binance, the world’s largest cryptocurrency exchange, is weighing plans to relocate staff in the United Arab Emirates to major Asian cities as fallout from the war adds to regional uncertainty. Wu Blockchain reported on June 10 that Binance recently

Bitcoin Treasury Firm Nakamoto Seeks Reverse Stock Split to Stay on Nasdaq

Bitcoin treasury firm Nakamoto is pursuing a reverse stock split to prop up its battered share price and preserve its Nasdaq listing. CoinDesk reported on April 10 that Nakamoto said in a recent filing it plans to ask shareholders to approve a share

Coinbase CEO Urges Quick Passage of Clarity Act

Attention is focused on whether the Clarity Act, legislation aimed at giving the US digital-asset industry regulatory clarity, can clear Congress. Coinbase Chief Executive Officer Brian Armstrong, who had clashed over a provision barring interest on

OKX Ventures, HashKey Capital Invest in Vietnam Crypto Exchange CAEX

OKX Ventures and HashKey Capital are investing in CAEX, a Vietnam-based cryptocurrency exchange, and will join the company as partners. Blockhead reported on April 10 that the two firms are participating in an equity investment in CAEX and plan to co

Iran Parliament Weighs Permanent Ban on US-, Israel-Linked Tankers in Strait of Hormuz

Iran’s parliament is considering a plan to permanently bar tankers linked to the US and Israel from transiting the Strait of Hormuz, Iran International reported. Ebrahim Azizi, head of the Iranian parliament’s National Security Commission, said lawma

Bittensor Falls 17% After CovenantAI Exits Ecosystem

Bittensor (TAO) fell sharply during the session as heavy selling hit the token after CovenantAI announced it was leaving the ecosystem. As of 4:17 p.m. Korea time on May 10, Bittensor was trading at $267.42, down 17.07% from a day earlier, according

XRP Better Shielded From Quantum Computing Threat Than Bitcoin, Validator Says

Concerns over advances in quantum technology have become a major topic in the cryptocurrency market, with one XRP Ledger validator arguing that XRP is better protected from quantum computers than Bitcoin. CoinDesk reported on April 10 that XRP Ledger

Trump-Linked World Liberty Says Dolomite Borrowing Poses No Liquidation Risk

World Liberty Financial, the Trump family’s cryptocurrency project, dismissed concerns that its large borrowing position on decentralized-finance protocol Dolomite could trigger a liquidation. Crypto outlet The Block reported on April 10 that World L