Uk Jin

[Breaking] Bitcoin falls below $95,000

Algorand pushes to return to the US… forms new board

Algorand (ALGO) is moving to re-enter the US market. According to Crowdfund Insider on the 18th (KST), the Algorand Foundation said in a statement that it has re-established its Americas headquarters in Delaware and launched a new board to oversee it

12-year-old whale sells 500 bitcoins

A whale that bought Bitcoin (BTC) 12 years ago has been revealed to have started selling. According to on-chain analyst EmberCN on the 18th (Korea time), the whale dumped 500 bitcoins nine hours earlier. The whale investor bought 5,000 bitcoins in No

Coinbase CEO Rebuts Reports of White House Anger: "Not true...We’re working constructively"

Amid reports that the White House is furious with crypto asset (cryptocurrency) exchange Coinbase and could therefore withdraw its support for the market-structure bill known as the “Clarity Act,” Brian Armstrong, Coinbase’s chief executive officer (

Marathon Digital Holdings CEO: "U.S. needs a strategic Bitcoin reserve"

Calls have emerged for the United States to accelerate building a Bitcoin (BTC) stockpile. On the 17th (Korea time), Fred Thiel, CEO of Marathon Digital Holdings, said at an event, "If countries are moving toward strategically holding and trading Bit

[Analysis] “Ethereum futures trading volume surges…highest since mid-December”

Ethereum (ETH) futures trading volume has surged. On the 17th (Korea time), CryptoQuant contributor Arabchain said in a report, “Ethereum futures trading volume on Binance rose to about $21.7 billion,” adding, “this is the first time since mid-Decemb

Exclusive: Two solo miners each earn $300,000 from Bitcoin mining

In an unusual development, two instances occurred in the same week in which individual miners mined a block on their own and secured rewards worth about $300,000 (roughly $400,000). According to CoinDesk on the 17th (Korea time), each miner successfu

XRP open interest surges, signaling heightened price volatility

XRP open interest has surged. On the 17th (Korea time), U.Today, citing data from Coinalyze, reported that XRP’s open interest rose 12% over the past 24 hours. Most of the increase came from “perpetual” contracts. Open interest in perpetual contracts

[Analysis] "Bitcoin’s $100,000 target hinges on short-term holders"

As Bitcoin (BTC) has staged a midweek rebound, market attention is focused on whether it can reach $100,000. An analysis suggests that short-term holders’ decisions will be critical to hitting the $100,000 mark. On the 17th (Korea time), a Darkfost C

"Largest theft in history"…KRW 370 billion wiped out after seed phrase exposure

A digital-asset investor has been found to have had a large amount of digital assets stolen in a social-engineering attack (a cyberattack that exploits a victim’s trust to steal sensitive information or system access). On the 17th (Korea time), digit

World’s highest-IQ holder: “Story (IP) is entering a supercycle”

Kim Young-hoon, widely known as the holder of the world’s highest recorded IQ, has publicly endorsed Story (IP). On the 17th (Korea time), Kim said on X (formerly Twitter) that “Story will enter a supercycle.” Story is the native token of Story Proto

Vitalik Buterin: “By 2026, the goal is to restore Ethereum’s self-sovereignty”

Ethereum (ETH) founder Vitalik Buterin said he aims to fully restore self-sovereignty and trustlessness by 2026. On the 17th (Korea time), Buterin wrote on X (formerly Twitter) that “2026 will be the year we reclaim the values we have lost,” making t

Institutional demand for Bitcoin reaches six times mined supply, signaling an emerging supply-demand imbalance

Institutional investors are buying Bitcoin (BTC) at a pace far exceeding the mining rate. On the 17th (Korea time), digital-asset outlet BlockNews, citing Bitwise data, reported that institutional investors have purchased 30,032 Bitcoins so far in 20

Crypto Fear & Greed Index at 50…Stays in Neutral Zone

On the 17th (Korea time), Alternative, a provider of crypto-asset (cryptocurrency) data, said the Crypto Fear & Greed Index came in at 50, up 1 point from the previous day. As of 4 p.m. that day, Bitcoin (BTC) was trading at $95,069 on CoinMarketCap,

OpenAI: “Musk considered fundraising via a coin offering in the early stages”

It has emerged that OpenAI, the developer of ChatGPT—one of the most talked-about artificial intelligence (AI) systems today—could have come to market in the form of a virtual asset (cryptocurrency). In particular, Elon Musk, Tesla’s chief executive

Ripple launches 'University Digital Asset Accelerator' with top U.S. school UC Berkeley

Blockchain-based cross-border payments company Ripple is teaming up with UC Berkeley in California to foster digital-asset startups. According to Cryptopolitan, a digital-asset news outlet, Ripple said on the 17th (Korea time) that it has officially

[Analysis] "Institutional buying of Ethereum exceeds new supply…$4,500 target also possible"

Institutional buying interest in Ethereum (ETH) appears to have expanded sharply. At the same time, broad improvements in on-chain indicators are also boosting expectations for further gains in the near to medium term. On the 16th (Korea time), digit

Canary Capital CEO: “XRP is the crypto asset that will lead the era of real-world asset tokenization”

XRP is expected to play an important role in the tokenization of real-world assets (RWA·Real World Asset). According to crypto-focused outlet The Crypto Basic on the 16th (local time), Steven McClurg, CEO of Canary Capital, said on a podcast that “de

Jefferies strategist: “Quantum computers pose a threat to Bitcoin security… raise gold exposure instead”

Global investment bank Jefferies has reduced Bitcoin (BTC) exposure in its portfolio and increased its allocation to gold, citing security concerns stemming from advances in quantum computing. According to CoinDesk on the 16th (Korea time), Christoph

Trump says he "jailed the leaker" of a 'Venezuela operation'… insider-trading controversy in prediction markets resurfaces

US President Donald Trump said he had tracked down and jailed the person who leaked classified information related to Venezuela, bringing allegations of insider trading tied to prediction markets back into focus. According to Cointelegraph, a digital

U.S. man sentenced to 3 years in prison for wire fraud involving millions of dollars in digital assets

A U.S. man who swindled millions of dollars through wire fraud has been sentenced to three years in prison. According to CoinDesk, a digital-asset news outlet, the U.S. Attorney’s Office in Utah on the 16th (Korea time) sentenced 54-year-old Brian Ga

Moldova to introduce digital-asset regulations within this year

Eastern European country Moldova is moving to establish regulations for digital assets. According to Wu Blockchain on the 16th (Korea time), Moldova’s finance minister, Andrian Gavrilita, said, “We plan to pursue the first legislation related to digi

[Analysis] “Bitcoin could rise to $113,000 if it regains $98,000”

Amid a recent rebound in Bitcoin (BTC), a new analysis says there is room for further gains up to $113,000. As of 7:30 p.m. KST on the 16th, Bitcoin was trading at $95,340 on CoinMarketCap, down 1.46% from the previous day. Bitcoin climbed as high as

Digital Wealth Partners selects Two Prime as asset manager partner

Digital asset consulting firm Digital Wealth Partners is moving to collaborate with Two Prime to manage client assets. According to digital-asset trade outlet CoinDesk on the 16th (Korea time), the two firms will work together via a separately manage

"Google Play to block overseas exchanges and wallet apps, expected to have a significant impact on the industry"

An analysis says Google Play’s rollout of a policy restricting domestic distribution of overseas digital-asset exchanges and wallet applications will inevitably affect the broader digital-asset market. On the 16th (Korea time), law firm Bae, Kim & Le

Belarus greenlights establishment of digital-asset banks in surprise move… President Lukashenko signs decree

Belarus is formally introducing a so-called “crypto bank” regime that combines digital assets with traditional finance. According to Belarus’ state news agency BELTA on the 16th (KST), Belarusian President Alexander Lukashenko on the same day signed

Kaito founder denies front-running allegations…"Platform pivot has been in the works for months"

Infopai Kaito (KAITO), whose token price plunged after X (formerly Twitter) changed its API policy, has responded to front-running allegations that surfaced in the community. On the 16th (KST), founder Yu Hu said on X that “key platform-related decis

Interactive Brokers to Allow USDC Deposits… Ripple’s RLUSD Also Set to Be Offered

U.S. online brokerage Interactive Brokers is moving to formally roll out support for stablecoin (digital assets pegged in value to fiat currencies) deposits. According to CoinDesk, a digital-asset specialist outlet, on the 16th (Korea time) Interacti

U.S. lender Newrez to factor digital-asset holdings into loan underwriting

U.S. specialized lender Newrez will allow holdings of digital assets such as Bitcoin (BTC) to be recognized in mortgage loan underwriting. According to digital-asset news outlet Cointelegraph on the 16th (KST), Newrez announced it will enable custome

Belgian bank KBC allows Bitcoin trading for retail clients in a first for the country

KBC Group, Belgium’s second-largest bank, will become the first bank in the country to offer digital-asset trading services to retail investors. According to Bitcoin Magazine, a digital-asset focused outlet, on the 16th (Korea time), KBC plans to beg