Uk Jin

U.S. XRP and Solana spot ETFs record net inflows

Spot exchange-traded funds (ETFs) for XRP and Solana (SOL) listed on U.S. exchanges recorded net inflows. On the 19th (local time), according to SoSoValue, the U.S. XRP spot ETF recorded net inflows of 13.21 million dollars. Cumulative net inflows ar

Ripple·Solana collaboration begins…Will bullish-market effects become full-scale?

XRP 'wrapped version' released 'Multi-chain' strategy steps up Expectations for synergy with the DeFi ecosystem Solana also positive amid meme coin·dApp weakness Institutional asset inflows expected to accelerate Expectations are growing for collabor

U.S. December manufacturing PMI preliminary 51.8…misses market expectations

The U.S. December manufacturing Purchasing Managers' Index (PMI) fell short of expectations. On the 16th (local time), S&P Global released the preliminary manufacturing Purchasing Managers' Index, which was 51.8, below Wall Street's expected 52.0. Th

"Virtual asset investment, clear generational gap... MZ generation prefers virtual assets"

An analysis found that the gap in perceptions and behaviors between generations in virtual asset (cryptocurrency) investing has widened more than ever. On the 16th (local time), Fortune cited Coinbase's latest report and reported that MZ generation i

RedotPay raises $107 million in Series B

Stablecoin (virtual asset pegged to fiat currency)-based payments fintech RedotPay raised $107 million in a Series B investment round. On the 16th (local time), The Block reported that RedotPay succeeded in raising $107 million in a Series B round le

"Filecoin breaches $1.30 support"

Filecoin (FIL) fell below the $1.30 support level amid a broader downturn in the cryptocurrency market, with trading volume surging. On the 16th (Korean time), according to crypto-focused media CoinDesk, Filecoin was trading at $1.26 at 10:45 p.m., d

Bitcoin returns $87,000

U.S. nonfarm payrolls up 64,000 in November…exceed expectations

Last month's U.S. employment figures exceeded market expectations. The U.S. Department of Labor said on the 16th (local time) that nonfarm payrolls increased by 64,000 in November from the previous month. This figure exceeds the market forecast (40,0

World Liberty stablecoin USD1 launched on Canton network

World Liberty Financial (WLFI) announced on the 16th that it will deploy the stablecoin (a virtual asset pegged to fiat currency) USD1 on the Canton network. WLFI plans to introduce USD1 to the Canton network to expand its use within a regulatory-fri

'Up 1680% this month' PIPPIN embroiled in centralization controversy…"80% of the supply owned by insiders"

An analysis has raised concerns that most of the meme coin PIPPIN's tokens are concentrated in insider wallets. The token has drawn investor attention after surging in price this month, but analysts warn of potential insider sell-offs. On the 16th (K

Controversy over debt forgiveness for high earners 'New Start Fund'… virtual assets also under scrutiny

In the screening process for 'New Start Fund' beneficiaries, a debt adjustment program for the self-employed and small business owners, the presence of virtual assets (cryptocurrencies) will also be checked. On the 16th (Korea time), Shin Jin-chang,

Visa to provide USDC settlement service to U.S. banks

Global payments company Visa is allowing payment settlement using stablecoins (virtual assets whose value is linked to fiat currency) for U.S. banks. According to Bloomberg on the 16th (KST), Visa said it will allow transaction settlement using Circl

Russian State Duma Financial Market Committee Chairman: "Virtual assets will never become currency in Russia"

Anatoly Aksakov, chairman of the State Duma (lower house) Financial Market Committee, expressed a negative view on virtual assets (cryptocurrencies). On the 16th (Korean time), according to Cryptopolitan, Aksakov said, "Virtual assets can never becom

Coinbase·Robinhood Join U.S. Government 'Tech Force' as Private Partners

U.S. virtual asset (cryptocurrency) exchange Coinbase and stock and virtual asset trading platform Robinhood are participating in the technology talent deployment program 'U.S. Tech Force' launched by the Donald Trump presidential administration. On

[Analysis] "Bitcoin selling pressure caused by short-term investors… dumped USD 1.89 billion"

Analysis suggested that short-term investors who executed sell orders were behind the day's Bitcoin (BTC) correction. On the 16th (Korean time), Crazzyblockk, a CryptoQuant contributor, wrote in a report, "While Bitcoin fell from $88,200 to $86,000 t

[Analysis] "Bitcoin open interest increases even amid weakness…macroeconomic variables should be watched"

On that morning, even as the leading crypto asset Bitcoin (BTC) plunged, open interest was found to have increased. Open interest refers to the size of positions accumulated in the futures market and is an indicator that shows the investment demand i

Lido co-founder sold 14,585 Ethereum about an hour ago

A co-founder of Lido (LDO), an Ethereum (ETH)-based liquid staking protocol, sold a large amount of Ethereum. On the 16th (Korean time), according to Lookonchain, Konstantin Romashuk, co-founder of Lido, sold 14,585 Ethereum about an hour ago at 2,82

Bitcoin-holder KindlyMD faces Nasdaq delisting risk after failing to meet share price requirement

KindlyMD, a U.S. healthcare and Bitcoin (BTC) treasury company, faces delisting risk after failing to meet Nasdaq's minimum share price requirement. According to CoinDesk on the 16th (Korean time), Nasdaq delivered a notice of non-compliance, saying

Gemini launches prediction market service 'Gemini Predictions' across the U.S.

Cryptocurrency exchange Gemini is launching a prediction market service across the United States. On the 16th (Korean time), according to cryptocurrency-focused outlet Cointelegraph, Gemini said it will offer its prediction market platform 'Gemini Pr

'World's highest IQ' Kim Young-hoon publicly supports Dogecoin

Mr. Kim Young-hoon, known to hold the highest IQ record in the world, suddenly mentioned Dogecoin (DOGE). On the 16th (Korean time), Mr. Kim said on his X (formerly Twitter), "I am a fan of Dogecoin." His remark created a stir in the Dogecoin communi

Mastercard, ADI Foundation to introduce stablecoin payments in the UAE

Mastercard is partnering with Abu Dhabi-based ADI Foundation(ADI Foundation) to build a payment system in the United Arab Emirates (UAE) that uses stablecoins (crypto assets pegged to fiat currency). On the 16th (Korean time), according to crypto-foc

14 of the 25 Largest U.S. Banks Are Developing Bitcoin-Related Products

Currently, many major U.S. banks appear to be developing products related to Bitcoin (BTC). On the 16th (KST), according to Bitcoin financial services firm River, 14 of the 25 largest U.S. banks are preparing Bitcoin-related services. The main produc

Despite Bitcoin's plunge…"Whale investors quickly moved to buy the dip"

The leading cryptocurrency Bitcoin (BTC) has continued to show weakness recently, but some large investors have been buying Bitcoin at a rapid pace. On the 16th (Korean time), crypto-focused media Cointelegraph, citing Glassnode data, reported that '

Nexo named official partner of the Australian Open

Nexo (NEXO) announced on the 16th that it has signed a multi-year deal with Tennis Australia to become the official virtual asset (cryptocurrency) partner of the 2026 Australian Open. The contract also covers the 'summer tennis' series, including the

Japan's SBI teams up with Startale to begin development of a yen stablecoin… targets Q2 release next year

Startale Group, a Japanese blockchain company, announced on the 16th (local time) that it will jointly develop a yen-based stablecoin (a virtual asset whose value is pegged to a fiat currency) with SBI Holdings, Japan's largest financial group. That

Solana to host Singapore dollar on‑chain… "Blockchain-based forex trading opens up"

Crypto asset infrastructure firm StraitX is launching Singapore dollar- and U.S. dollar-based stablecoins (virtual assets pegged to fiat currency) on Solana (SOL). Immediate exchange between the two currencies on Solana is also expected to become pos

Galaxy·Invesco Solana ETF begins trading on CBOE from the previous day

The Chicago Board Options Exchange (CBOE) said on the 16th that it began trading an exchange-traded product (ETP) for Solana (SOL) jointly launched by Galaxy Digital and Invesco from the previous day. The product's ticker is QSOL, and trading takes p

"Virtual asset market overall underperformed Bitcoin over the past 3 months"

Over the past 3 months the overall virtual asset (cryptocurrency) market has undergone a correction, and Bitcoin (BTC) has shown relatively better performance compared with most sectors. According to crypto outlet Cointelegraph on the 16th (Korean ti

Whale investor withdraws 600 Bitcoins from Bybit

A whale investor withdrew a large amount of Bitcoin (BTC) from an exchange. On the 16th (Korean time), according to Onchain Lens, a whale investor withdrew 600 Bitcoin from their Bybit account. The whale investor holds a total of 1099 Bitcoin, which

UK financial regulator begins drafting virtual asset regulations…seeks input from across the industry

The UK financial regulator has launched a formal consultation to develop new regulatory proposals covering the virtual asset (cryptocurrency) industry as a whole. The UK government plans to bring virtual assets into the regulatory framework from Octo