Uk Jin

‘Crypto assets’ mentioned in Epstein documents… name of former SEC chair Gary Gensler also appears

As debate continues in the United States over documents related to sex offender Jeffrey Epstein, it has emerged that Epstein had planned discussions with former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler regarding crypto assets

[Analysis] “Bitcoin seeks to form a bottom in the $60,000 range… macro backdrop shows signs of improvement”

With Bitcoin (BTC) attempting to build a base in the $60,000 range, an analysis suggests the macro environment is turning more supportive for risk assets, driven by easing US inflation and growing expectations for rate cuts. On the 16th (Korea time),

[Analysis] “Bitcoin at risk of a fifth straight monthly decline…worst bear market since 2018”

Bitcoin (BTC) is facing the possibility of closing lower for a fifth consecutive month. If it materializes, it would mark the longest losing streak since the 2018 bear market. As of 10:30 a.m. KST on the 17th, Bitcoin was up 0.18% from the previous d

Harvard, the world’s top elite university, cuts Bitcoin and makes its first investment in Ethereum

Harvard University, widely regarded as the world’s leading elite institution, has reduced its investment in Bitcoin (BTC) while increasing exposure to Ethereum (ETH). On the 17th (Korea time), cryptocurrency-focused outlet CoinDesk reported that Harv

Nexo jumps 7% from previous day…investor sentiment strengthens on news of U.S. market re-entry

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 (

Bitcoin rises above $69,000

Amid stablecoin proliferation, worries grow over 'dollar dominance'… Bundesbank chief says "euro stablecoin needed"

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 posts $619 million net loss last year amid Bitcoin weakness

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

Crypto Fear & Greed Index hits 10… remains in ‘Extreme Fear’

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

Vitalik: 'Prediction markets have too much gambling-style betting' — a blunt critique

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

Bitcoin whale deposits 5,000 BTC to an exchange after breaking above $70,000

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

[Breaking] Bitcoin falls back below $70,000

'Solana treasury' Solana Company jumps 15% intraday

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

[Market] Bitcoin tops $70,000 intraday…Ethereum up 7% from prior day

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

X signals rollout of feature enabling direct crypto trading from the timeline

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 buys back $15 million worth of Coinbase shares

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

AI-Related Tokens Rally Intraday…Bittensor, Virtual and Others

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

Virginia moves to tighten rules on crypto ATMs, stepping up safeguards against fraud

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

"Japan likely to raise policy rate in April"…Unwinding risk for the 'yen carry trade' emerges

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 backs framework to route Aave revenue to the DAO… “Disbursements should be phased”

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 lender Figure says data leaked in hack

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

Amid a string of bitcoin losses… Ki Young Ju points out: “U.S. law enforcement has lost 0”

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

"U.S. Defense Department likely to add Alibaba and other Chinese firms to list over 'suspected support for China's military'" [Reuters]

"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

U.S. January Consumer Price Index (CPI) up 2.4%…below market expectations

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

Another violent crime targeting crypto in France… three suspects arrested over attempted break-in at Binance France chief’s home

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

US Treasury Secretary: "Markets will be relieved once crypto legislation becomes clearer"

21Shares to pay Solana staking rewards to ETF holders

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

Trump family’s American Bitcoin tops 6,000 BTC holdings

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

CalPERS Buys More Strategy Shares

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

Brazil’s lower house submits amendment for a ‘strategic Bitcoin reserve’…to buy 1 million over five years

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