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XRP has relinquished the $2 level. The recent launch of a spot exchange-traded fund (ETF) had raised market expectations, but investor sentiment appears to have frozen due to ETF trading volume being lower than expected. On the 21st (Korean time), ac
On the 21st (Korea time), according to industry sources, the Personal Information Protection Commission said it will undertake preliminary inspections of blockchain application services. This is a follow-up measure after the plenary meeting the previ
Investors on Binance, the world's largest virtual asset (cryptocurrency) exchange, appear to be increasing their investments in altcoins (virtual assets excluding Bitcoin and Ethereum). On the 21st (Korea time), CryptoQuant contributor Matune said in
Altcoins weak despite ETF launches Investor sentiment worsens due to U.S. shutdown "Must prove a rationale to traditional finance" Mass launch of XRP ETFs Watching whether it will trigger a market reversal Major altcoins, which had raised hopes of a
South Korea's existing infrastructure was claimed to be the optimal condition for nurturing the digital asset industry. In particular, the Korean won stablecoin (a virtual asset whose value is linked to fiat currency), which has been steadily discuss
A claim was made that South Korea's digital asset industry, despite its sufficient potential, is not properly growing due to excessive and inefficient regulations. It was pointed out that high domestic demand for digital assets is being pushed overse
"It is by stepping forward as leaders in an industry environment that constantly changes and develops that today's advanced South Korea has been achieved. Digital assets are one of the protagonists driving this change." Oh Kyung-seok, Dunamu CEO, sai
Lawmakers from the Democratic Party of Korea and the People Power Party emphasized the importance of digital assets and announced that they will foster the digital asset industry. They plan to promote the industry by preparing balanced legislation th
Interview with Michael Heinrich, founder of ZeroG Labs AI-specialized layer-1 blockchain Decentralizing AI with blockchain technology Recruited Conflux co-founder and others Large investments from OKX, Samsung Next, etc. "Aiming for a killer app with
Major economic indicators gap due to shutdown Rate cuts unclear after hawkish Fed remarks DAT purchase slowdown·ETF net outflows compound "Could fall to $93,000 if stop-loss selling emerges" Bitcoin (BTC), the leading cryptocurrency that had been sta
Michael Ho, CEO of American Bitcoin — Interview A Bitcoin treasury company founded by Eric Trump "Bitcoin is taking off as an institutional store of value" "The Trump family has chosen 'blockchain' as the next-generation growth industry" "Bitcoin (BT
Bitcoin (BTC) fell below $104,000 intraday. As of 11:52 p.m. on the 11th (Korea Standard Time), Bitcoin was trading on Binance at $103,855, down 1.02% from the previous day. Leading altcoin Ethereum (ETH) also relinquished the $3,500 level at the sam
A spot exchange-traded fund (ETF) for XRP could be launched soon. On the 11th (Korean time), Bloomberg ETF analyst Eric Balchunas said on X (formerly Twitter), "Canary Capital filed the 8-A filing for a spot XRP ETF the previous day," and "because th
As the U.S. Senate released a draft of a market structure bill for virtual assets (cryptocurrencies), the White House crypto czar expressed a positive stance. On the 11th (Korean time), White House crypto czar David Sacks posted on X (formerly Twitte
The world's largest stablecoin (a digital asset whose value is linked to fiat currency) company Tether (USDT) is moving to target the gold market. On the 11th (Korea time), Bloomberg reported that Tether plans to hire Vincent Domien, global head of m
With concerns about a slowdown in the Chinese economy, the People's Bank of China indicated it would pursue an accommodative monetary policy. On the 11th (Korea time), according to the industry, the People's Bank of China said in its third-quarter mo
Fintech firm FIS and Intain have launched a blockchain loan marketplace for regional banks. On the 11th (Korean time), CoinDesk reported that the two companies unveiled the "Digital Liquidity Gateway" based on the Avalanche (AVAX) mainnet. The Digita
UK-listed Falcon Edge purchased additional Bitcoin (BTC). On the 11th (Korean time), Falcon Edge said via X (formerly Twitter), "As part of its digital asset treasury strategy, it purchased 4.11 bitcoins." Falcon Edge currently holds 19.28 bitcoins.
The U.S. Commodity Futures Trading Commission (CFTC)'s influence related to virtual assets (cryptocurrencies) may be strengthened. A bill to transfer supervisory authority over the virtual asset market from the Securities and Exchange Commission (SEC
Stablecoin (a virtual asset whose value is linked to fiat currency) infrastructure company Transak has successfully obtained licenses to expand its services in the United States. On the 11th (Korean time), virtual asset (cryptocurrency) specialist ou
As the leading altcoin Ethereum (ETH) continues to trade sideways, an analysis said that recovering the 3700 dollars level is important for Ethereum to break above 4000 dollars again. On the 11th (Korean time), well-known crypto analyst Ted Pillows s
As positioning in the crypto (virtual asset) market has been readjusted, investor sentiment has eased, but analysis says that without leading gains in major tokens, a strong showing by altcoins is unlikely. On the 11th (Korean time), crypto market ma
Virtual asset (cryptocurrency) exchange Gemini posted a loss that fell short of expectations in its first quarterly results since its IPO. According to CoinDesk on the 11th (local time), Gemini recorded a net loss of 6.67 dollars per share in the thi
The world's largest investment bank JPMorgan and Singapore's DBS Bank are undertaking the construction of a blockchain-based cross-border tokenized deposit payment framework. On the 11th (local time), according to CoinDesk, the two are developing an
A Chinese state agency has alleged that the United States illegally seized bitcoins (BTC) stolen in a large-scale virtual asset (cryptocurrency) hacking incident. On the 11th (Korea time), according to CoinDesk, the China National Computer Virus Emer
The Financial Services Commission said it will comprehensively review overseas cases and the impact on the soundness of financial companies regarding the easing of the separation between finance and virtual assets. According to industry sources on th
Bitcoin (BTC) miner CleanSpark is expanding the size of its convertible bond issuance to $1.15 billion. According to CoinDesk on the 11th (Korean time), CleanSpark is pursuing funding through the issuance of convertible bonds maturing in 2032 with a
BORA, a project in the KAIA ecosystem, is experiencing an intraday surge. As of 6:18 PM on the 11th (Korean time), BORA was trading at 0.06622 dollars, up 20.11% from the previous day according to CoinMarketCap.
Japanese blockchain company Startale announced on the 11th that it unveiled a super app for Sony's Ethereum(ETH) layer-2 blockchain 'Soneium'. Startale and Sony Block Solution Labs announced the integrated application 'Startale App(Startale App)'. Th
The U.S. Solana (SOL) spot exchange-traded fund (ETF) recorded net inflows for 10 consecutive trading days, continuing the inflow of institutional funds. On the 11th (Korea Standard Time), The Block reported, citing SosoValue data, that the Solana sp