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Nexo (NEXO) is surging intraday. As of 10 a.m. KST on the 17th, Nexo was up 6.64% from the previous day at $0.8923. The rally comes on news that Nexo is re-entering the U.S. market. According to CoinDesk, Nexo announced overnight via its official X (
Concerns are being raised in the cryptoasset (cryptocurrency) market that the dollar’s dominance could further strengthen. Germany, one of the European Union’s (EU) major member states, has signaled its intention to expand euro-denominated stablecoin
Metaplanet, a Bitcoin (BTC) treasury company often dubbed Japan’s Strategy (formerly MicroStrategy), posted a net loss last year. According to The Block on the 17th (KST), Metaplanet reported a net loss of 95 billion yen (about $619 million) in its f
The ‘Fear & Greed Index,’ a gauge of investor sentiment in the cryptoasset (cryptocurrency) market, remained in extreme fear. According to Alternative on the 17th (Korea time), the index came in at 10, down 2 points from the previous day. As of 9 a.m
Ethereum (ETH) founder Vitalik Buterin pointed out problems currently found in prediction markets. On the 14th (Korea time), in a post on Farcaster, Buterin wrote, "So far, prediction markets have seen some success, but they are still used only withi
A Bitcoin (BTC) whale that rose to prominence during the Oct. 11 liquidation event has deposited a large amount of bitcoin to an exchange. According to Onchain Lens on the 14th (Korea time), the whale investor known as a Bitcoin OG deposited 5,000 BT
Solana Company, a treasury holder of Solana (SOL), posted a sharp rally the previous day. According to TradingView on the 14th (KST), Solana Company closed at $2.21 in the U.S. stock market the previous day, up 14.51% from the prior session. This wee
Bitcoin (BTC), the bellwether cryptocurrency, rose above $70,000 intraday. As of the 14th (Korea time), Bitcoin was up 3.25% from the previous day at $70,142, according to CoinMarketCap. At the same time, Ethereum (ETH) also gained 7.44% from the pre
Social media platform X (formerly Twitter) is set to introduce a feature that will allow users to trade virtual assets (cryptocurrencies) directly from their timelines. On the 14th (Korea time), Nikita Bier, X’s head of product, said on X, “We plan t
ARK Invest, the U.S. asset manager led by Cathie Wood, has bought Coinbase shares again following a recent large-scale selloff. According to Cointelegraph on the 14th (local time), ARK Invest purchased about $15.2 million (about 20 billion won) worth
As the cryptoasset (cryptocurrency) market rebounds intraday, gains in artificial intelligence (AI)-related cryptoassets are standing out. As of 6:20 p.m. on the 14th (KST), Bittensor (TAO) was trading at $207.21, up 32.18% from the previous day. At
The U.S. state of Virginia is pushing legislation to regulate the operation of crypto (cryptocurrency) ATMs, ramping up consumer protection. The move is seen as an effort to establish a formal framework at the state level as fraud schemes exploiting
Speculation is growing that the Bank of Japan (BOJ) could raise its policy rate to 1% in April. If Japan, which has maintained an ultra-low interest rate stance for an extended period, moves to hike rates, it is expected to generate significant rippl
Multicoin Capital, a crypto asset (cryptocurrency) investment firm, said it supports a framework proposed by Aave Labs to allocate 100% of revenue from Aave-branded products to the decentralized autonomous organization (DAO). Vishal Kankani, a princi
Blockchain-based lender Figure Technology said some data was leaked in a hack that used social engineering techniques (a method that targets people rather than employing sophisticated hacking attacks). According to Cryptopolitan on the 14th (Korea ti
Ki Young Ju, CEO of CryptoQuant, criticized South Korean investigative authorities’ system for seizing and managing custody of virtual assets (cryptocurrencies). In a post on X (formerly Twitter) on the 14th (Korea time), Ju said, “While the U.S. gov
"Signs of renewed U.S.-China tensions" The Pentagon is expected to add prominent Chinese companies to a list of firms suspected of aiding China’s military capabilities. On the 13th (local time), Reuters, citing sources, reported that the Donald Trump
The U.S. January Consumer Price Index (CPI) rose less than market expectations. The Bureau of Labor Statistics (BLS), under the U.S. Department of Labor, said on the 13th (local time) that last month’s CPI increased 2.4% year on year. That is 0.1% po
Suspects who attempted to break into the home of the head of Binance’s France branch have been arrested by police. According to local media including RTL on the 13th (local time), at around 7 a.m. the previous day, three masked intruders broke into a
21Shares said on the 13th that it will distribute rewards generated from staking Solana (SOL) to investors in its exchange-traded fund (ETF). The staking rewards will be paid to holders of the “21Shares Solana ETF (TSOL).” The payout is $0.316871 per
American Bitcoin, a Bitcoin (BTC) mining company run by the sons of President Donald Trump, has surpassed 6,000 BTC in holdings. According to Arkham Intelligence on the 13th (Korea time), American Bitcoin held 6,028 BTC as of that day. That amounts t
The California Public Employees' Retirement System (CalPERS), the largest U.S. public pension fund, has been found to have purchased additional shares of Strategy, the biggest corporate holder of Bitcoin (BTC). According to Bitcoin Treasuries.net on
An amendment to a bill that would incorporate Bitcoin (BTC) as a strategic reserve asset has been submitted in Brazil. According to the official website of Brazil’s lower house on the 13th (KST), the Chamber of Deputies’ Committee on Economic Develop
As spot Bitcoin exchange-traded funds (ETFs) are being cited as one of the key factors behind Bitcoin (BTC)’s recent weakness, BlackRock, the manager of the largest spot Bitcoin ETF, IBIT, pushed back against that narrative. According to the industry
STRC, the preferred stock issued by Strategy, the world’s largest corporate holder of bitcoin (BTC), has recovered the $100 level in about two weeks. According to Cryptopolitan on the 13th (Korea time), STRC rose as high as $100.03 intraday, moving b
In the bitcoin (BTC) market, an increase in exchange inflows and a simultaneous decline in the supply of stablecoins (cryptoassets pegged to the value of fiat currencies) have been observed, raising the possibility of a liquidity squeeze. On the 13th
Mirae Asset Consulting has acquired the stake in virtual asset exchange Korbit previously held by NXC and SK Planet. According to a disclosure filed with DART on the 13th (Korea time), Mirae Asset Consulting reported that it acquired 26,905,842 commo