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An opinion has emerged that the price of Bitcoin (BTC) could rise to $200,000. The analysis is that investor sentiment will be strengthened by the U.S. Federal Reserve's (Fed) rate cuts. On the 9th (Korean time), Tom Lee, Fundstrat managing partner,
A record-size NPM (Node Package Manager) hack targeting JavaScript software libraries was revealed. However, the amount lost was only $50. On the 9th (Korean time), cryptocurrency-focused outlet Cointelegraph reported that security firm Security Alli
<Today's key economic schedule> ▶9th (Tue) :△Q1 preliminary annual benchmark revisions reflecting employment and wage survey, △Eurozone finance ministers' meeting (local time 12:00, Korea time 19:00), △US wage ledger benchmark (local time 10:00, Kore
The U.S. Securities and Exchange Commission (SEC) said it could apply the same registration requirements as exchanges to Layer 2 blockchains that operate centralized sequencers. On the 9th (Korean time), according to crypto-focused media CryptoSlate,
Crypto assets (cryptocurrencies) market is showing strength. As expectations for a big cut spurred a broad rally in the U.S. stock market, investor sentiment toward crypto assets also appears to have strengthened. As of 7:06 a.m. on the 9th (Korean t
A hack occurred at a Swiss virtual asset (cryptocurrency) platform, resulting in the theft of a large amount of Solana (SOL). On the 9th (Korean time), crypto-focused outlet The Block reported that on-chain detective ZachXBT said SwissBorg was hacked
As virtual asset (cryptocurrency) stockpiling has recently spread like a trend, the global non-fungible token (NFT) marketplace OpenSea is moving to stockpile NFTs. On the 9th (KST), according to crypto news outlet Cointelegraph, OpenSea has set up a
With market attention focused on the third crypto asset (cryptocurrency) spot exchange-traded fund (ETF) following Bitcoin (BTC) and Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) are being cited as leading candidates. On the 8th (Korea t
"South Korea is a tech-friendly, dynamic market with a high proportion of holdings in virtual assets (cryptocurrencies). It is very positive that the new government has recently become more favorable toward digital assets." Richard Teng, CEO of Binan
World (WLD) is experiencing an intraday surge. On the 8th (Korean time), according to CoinMarketCap, a website providing crypto market data, World is trading at 1.29 dollars, up 27.42% from the previous day. This is 50% higher than a week ago. The ba
Whales holding large amounts of Bitcoin (BTC) are showing significant selling pressure. On the 8th (Korean time), crypto-asset (cryptocurrency) specialist media Cointelegraph reported, citing a CryptoQuant report, that over the past 30 days Bitcoin w
Even if the Federal Open Market Committee (FOMC) cuts rates at its meeting in September, there are views that upward pressure on Bitcoin (BTC) could be limited. On the 8th (KST), The Block reported that Vincent Liu, Chief Investment Officer (CIO) at
According to Kaito's Token Mindshare (Token Mindshare · an indicator that quantifies the influence of a specific token in the crypto asset market) top gainer, as of the 8th the top 5 crypto asset-related keywords that people are most interested in ar
With global financial markets focused on a potential rate cut by the Federal Reserve (Fed) in September, opinions have emerged that the Fed may carry out a big cut (cutting rates by 50bp). On the 8th (Korean time), Jinsi News reported that Standard C
Ethereum (ETH) appears unable to mount a rebound. As of 12:36 PM KST on the 8th, CoinMarketCap reports Ethereum is trading at 4317 dollars, up 0.44% from the previous day. Although it rose slightly that day, its rate of increase is lower compared to
On the 7th (local time), decentralized perpetual futures exchange Aster (ASTER) announced via X (formerly Twitter) that it will hold a token reveal event on the 17th. An airdrop of 704,000,000 tokens will also be conducted along with the token reveal
Metaplanet, known as Japan's Strategy (formerly MicroStrategy), has purchased additional Bitcoin (BTC). On the 8th (KST), Simon Gerovich, Metaplanet CEO, announced via X (formerly Twitter) "Metaplanet purchased 136 bitcoins at an average price of $11
Danal said on the 8th that it will formally pursue a Korean won-based stablecoin (a virtual asset whose value is linked to a fiat currency) project. It was reported that in the process it will consider using Ripple's blockchain network, the XRP Ledge
Hong Kong-listed companies are showing signs of actively beginning to accumulate virtual assets (cryptocurrencies). On the 8th (Korean time), according to China's Phoenix Net, Hong Kong-listed Yunfeng Financial, in which Alibaba founder Jack Ma and o
The issuer of the stablecoin USDe, Etena (ENA), appears poised to enter the bidding competition for issuance rights of Hyperliquid (HYPE)'s platform-exclusive stablecoin USDH. On the 8th (Korea time), Etena's developer Etena Labs said on X (formerly
The government plans to make it mandatory to include in the funding plan the proceeds from virtual assets (cryptocurrencies) when they are cashed out to purchase real estate. According to industry sources on the 7th, the government announced measures
Attention is focused on whether the issuer of the Korean-won stablecoin (a virtual asset pegged to fiat currency) will be concretely defined. The State Affairs Planning Committee is reportedly preparing a plan to designate the issuer of the Korean-wo
Anonymous Bitcoin (BTC) creator Satoshi Nakamoto could return to the industry in the future if needed. On the 8th (Korean time), according to crypto asset (cryptocurrency) specialist media Decrypt, Joseph Shalom Shaplink, CEO of Shaplink Gaming, clai
Whales holding large amounts of virtual assets (cryptocurrencies) appear to be accumulating Hyperliquid (HYPE) tokens in large quantities. On the 8th (Korean time), according to OnChainLens, one whale recently deposited 2.05 million dollars (about 2.
On the 8th, according to Alternative, a virtual asset (cryptocurrency) data provider, the virtual asset Fear & Greed Index recorded 51 points, rising 7 points from the previous day. As of 9 a.m. that day, Bitcoin (BTC) was trading at $111,146 on Coin
Somnia(SOMI) is showing strength for two consecutive trading days. As of 8:57 a.m. on the 8th (Korea time), Somnia is trading at 1.65 dollars, up 60.66% from the previous day, based on CoinMarketCap. Somnia also recorded an intraday gain of 55% the p
The world's largest exchange Binance reportedly saw large withdrawals of certain altcoins. On the 8th (Korean time), CryptoQuant contributor Burakesmesi said in a report, "Fetch.ai (FET), Amp (AMP), Synthetix (SNX), 0x Protocol (ZRX), and Ankr (ANKR)
With Japan's Prime Minister Shigeru Ishiba announcing his resignation, uncertainty in the financial markets appears to be widening. On the 8th (Korean time), Bloomberg reported that Prime Minister Ishiba had decided to resign. Behind Ishiba's resigna
<Today's Major Economic Schedule> ▶8 (Mon) : △Japan 2nd quarter Gross Domestic Product (GDP), △August New York Federal Reserve Bank Expected Inflation <Today's Major Cryptocurrency Schedule> ▶8 (Mon) :△dydx proposal 275 vote △Lido(LIDO) migration vot