Uk Jin

"Major banks are friendly toward Bitcoin"

A view has been raised that many major U.S. banks are preparing to introduce, or already offering, services related to Bitcoin (BTC). According to digital-asset outlet Cointelegraph on the 27th (KST), Coinbase CEO Brian Armstrong said after attending

Korea Digital Asset Custody launches 'KDAC-L,' a custody service dedicated to listed companies

Korea Digital Asset Custody (KDAC), a domestic digital-asset custodian, said on the 26th that it has officially launched 'KDAC-L,' a tailored custody service for listed companies. KDAC-L provides, by default, a financial-industry-grade security syste

Trump: ‘If Canada strikes a deal with China, 100% tariffs on all products’

U.S. President Donald Trump warned that he would impose 100% tariffs on all Canadian-made products if Canada were to conclude a strategic agreement with China. On the 24th (local time), Trump wrote on his Truth Social that “if Canadian Prime Minister

Tokenized U.S. Treasuries surpass $10 billion in total value

The outstanding value of tokenized U.S. Treasuries issued on blockchain has surpassed $10 billion. On the 24th (Korea time), cryptocurrency news outlet Cryptopolitan, citing data from RWA.xyz, reported that the total value of tokenized U.S. Treasurie

Strategy, the world’s largest corporate Bitcoin holder, flops in Europe… “limits of accessibility and market structure”

Strategy, the company holding the most Bitcoin (BTC) in the world, launched a high-dividend preferred stock aimed at the European market but appears to have failed to win over investors. On the 24th (Korea time), crypto-focused outlet CoinDesk report

Blockchain firm R3 to bring institutional financial assets on-chain using Solana

US blockchain company R3 is pursuing a strategy to tokenize yield-bearing assets for institutional investors—such as private credit and trade finance—on Solana (SOL) and distribute them across the decentralized finance (DeFi) market. According to cry

'Shark Tank's Kevin O'Leary: Bitcoin must see Clarity Act passed to become an institutional asset

Kevin O'Leary, an investor on the hit U.S. investment reality show 'Shark Tank,' argued that the market-structure legislation known as the 'Clarity Act' must be passed for Bitcoin (BTC) to achieve genuine integration into the regulated financial syst

Netherlands pushes to tax unrealised gains on stocks and crypto, faces risk of capital flight

As the Netherlands moves to tax unrealised gains (mark-to-market gains) on financial assets such as stocks and virtual assets (cryptocurrencies), signs are emerging that investors in the country may start moving abroad. On the 24th, crypto-focused ou

Wintermute: ‘Crypto’s four-year cycle has effectively ended… shifting to an institution-led market’

An analysis suggests that the crypto (digital asset) market’s traditional four-year cycle has effectively come to an end. According to crypto-focused outlet CryptoNews on the 24th (Korea time), Wintermute, a crypto market-making firm, said in a repor

Oklahoma proposes bill to allow payment of public employees’ wages and government service contracts in bitcoin

A bill has been introduced in the U.S. state of Oklahoma that would allow state government employees and contractors to receive wages and payments in bitcoin (BTC). According to Cryptopolitan on the 24th (Korea time), Oklahoma state Senator Dusty Dee

FBI Arrests Former Olympic Snowboarder Accused of Running Drug Trafficking Ring…Signs of Money Laundering via Digital Assets

Ryan James Wedding, a former Canadian Olympic snowboarder, has been arrested on allegations of running a major international drug trafficking organization. According to CNBC on the 24th (Korea time), the U.S. Federal Bureau of Investigation (FBI) sai

ARK Invest files with the SEC for two CoinDesk index-tracking ETFs

U.S. asset manager ARK Invest appears to be expanding its lineup of products tied to digital assets (cryptocurrencies). According to CoinDoo on the 24th (KST), ARK Invest submitted S-1 registration statements to the Securities and Exchange Commission

Axie Infinity extends rally…up 227% in a month

Axie Infinity (AXS) has continued to post steady gains in recent days. As of the 24th (KST), CoinMarketCap data show Axie Infinity at $2.76, up 1.9% from the previous day. That marks a surge of about 227% from a month earlier. The move is notable as

Ethereum spot ETFs post $41.7 million in net outflows…four straight trading days

Ethereum (ETH) spot exchange-traded funds (ETFs) logged net outflows for a fourth consecutive trading day. According to Farside Investors on the 23rd (local time), Ethereum spot ETFs saw $41.7 million in net outflows on the day. BlackRock’s ETHA reco

US spot Bitcoin ETF sees $103.5 million net outflow

Spot Bitcoin (BTC) exchange-traded funds (ETFs) extended their net outflow streak. According to Farside Investors on the 23rd (local time), spot Bitcoin ETFs recorded a net outflow of $103.5 million on the day. BlackRock’s IBIT and Fidelity’s FBTC po

Ethereum moves to prepare for the era of ‘quantum computing’… Foundation launches dedicated team

As advances in quantum computers—seen as a major potential threat to the security of digital assets (cryptocurrencies)—have accelerated in recent years, the Ethereum (ETH) Foundation has moved to respond. According to crypto-focused outlet CoinDesk o

US January flash manufacturing PMI at 51.9…in line with market expectations

The US flash January manufacturing purchasing managers’ index (PMI) came in in line with market expectations. According to S&P Global on the 23rd (local time), the flash January manufacturing PMI was 51.9, matching Wall Street expectations (51.9). Th

[Breaking] Grayscale files application for Binance Coin (BNB) ETF

According to the U.S. Securities and Exchange Commission (SEC) website on the 23rd (Korea time), Grayscale filed an S-1 registration statement with the SEC for an exchange-traded fund (ETF) that uses Binance Coin (BNB) as its underlying asset.

Falcon Finance rolls out synthetic dollar USDf fiat conversion service via partnerships

Falcon Finance, the issuer of the synthetic dollar USDf, said on the 23rd it has launched a service that allows USDf holders to convert instantly into fiat currencies by integrating with regulated payments infrastructure. Through collaborations with

US Treasury yield curve steepening to its widest since 2021… “a headwind for Bitcoin”

The gap between long- and short-term US Treasury yields has widened to its largest level since 2021, raising concerns it could act as a headwind for Bitcoin (BTC), an analysis said. On the 23rd (Korea time), Cointelegraph, a cryptocurrency-focused ou

Kaia surges 17% intraday… spotlit as a stablecoin beneficiary

Kaia (KAIA), one of South Korea’s leading cryptoassets (cryptocurrencies), is posting a sharp intraday rally. With stablecoin-related names soaring in the stock market on the day, Kaia is also seen benefiting from strengthening investor sentiment on

"Easing of options rules for U.S.-listed Bitcoin and Ethereum ETFs seen as boosting institutional clout"

As rules governing options trading in spot exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH) are eased, market participants are increasingly expecting the influence of those ETFs—and institutions, their primary buyer base—to grow furt

Sharia Portfolio Buys 43,883 Shares of Strategy

Sharia Portfolio, which manages as much as $2 billion in assets, has made a sizable purchase of shares in Strategy, the largest publicly listed holder of Bitcoin (BTC). On the 23rd (Korea time), BitcoinTreasury.net said on X (formerly Twitter) that “

Kansas Bitcoin Reserve Bill Referred to Senate Financial Committee

A bill in the U.S. state of Kansas to manage Bitcoin (BTC) and digital assets as state-level reserves has advanced to the review stage of the Senate Financial Committee. According to The Block on the 23rd (KST), Kansas Senate Bill 352 (SB352) was ref

[Analysis] “Bitcoin entering early stages of a bear market…focus on whether $84,000 holds as support”

Bitcoin (BTC) is said to have entered the early phase of a bear market as on-chain profitability indicators deteriorate. The $84,000 level is emerging as a key support line. According to Cointelegraph, a cryptocurrency-focused outlet, CryptoQuant sai

Revolut seeks US bank charter…drops review of acquiring a US bank

UK fintech firm Revolut has scrapped plans to acquire a US bank and is instead pursuing an application for a de novo bank charter, according to reports. CoinDesk, a digital-asset (cryptocurrency) news outlet, reported this on the 23rd (Korea time), c

"UBS seeks to roll out crypto trading services for private banking clients"

UBS Group, the Swiss financial heavyweight boasting one of the world’s largest asset management businesses, is reportedly reviewing plans to offer virtual asset (cryptocurrency) investment services to its private banking clients. On the 23rd (Korea t

Rich Dad Poor Dad's Kiyosaki: "Keep buying gold, bitcoin and ether—regardless of price"

Robert Kiyosaki, author of Rich Dad Poor Dad, who drew backlash from the community after selling some bitcoin (BTC) during the downturn, said he continues to buy bitcoin and ether (ETH). On the 23rd (Korea time), Kiyosaki wrote on X (formerly Twitter

Sen. Cynthia Lummis urges swift passage of the CLARITY Act… “We must stop anti-crypto forces”

U.S. Republican Sen. Cynthia Lummis has once again called for the swift passage of the so-called “CLARITY Act,” which aims to clarify regulation of the digital-asset industry. In a post on X (formerly Twitter) on the 23rd (Korea time), Lummis said, “

Virtual Protocol to Prioritize ROBO Token Allocation for veVIRTUAL Holders

AI agent protocol Virtual Protocol (VIRTUAL) said on the 23rd that it will partner with FabricFND, an on-chain infrastructure project for general-purpose robots. Through the partnership, Virtual Protocol will support FabricFND’s push to build open on