Uk Jin

Bitcoin surpasses $91,000

U.S. September core PCE up 2.8% YoY…below market expectations

The U.S. core personal consumption expenditures (PCE) price index for September slightly missed market expectations. According to data released on the 5th (local time) by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA), the U.S. c

"U.S. virtual asset market-structure bill hinges on key issues including stablecoin interest"

There are views that the U.S. Senate is having difficulty with final adjustments to pass a virtual asset (cryptocurrency) market-structure bill. On the 5th (Korea time), according to the virtual asset-focused outlet The Block, virtual asset lawyer Ja

Hassett "I never discussed the Fed chair issue with Trump"

Cantor Fitzgerald sharply cuts Strategy's target price by 60%

Wall Street's view toward Strategy (formerly MicroStrategy), the publicly listed company with the largest Bitcoin (BTC) holdings, is turning cold. On the 5th (KST), according to The Street, investment bank Cantor Fitzgerald lowered Strategy's 12-mont

Charging-pig coin 'PIGGY' plunges 75% intraday

Domestically, the shared charger project known as charging-pig, 'PIGGY(PIGGY)', plunged intraday. On the 5th (Korean time), according to CoinMarketCap, the website providing virtual asset (cryptocurrency) market data, PIGGY is trading at 0.1019 dolla

Fidelity CEO "Bitcoin is like gold… personally owns it"

On the 5th (Korean time), according to Cointelegraph X (formerly Twitter), Abigail Johnson, CEO of Fidelity, said that she owns Bitcoin and regards it as a 'gold standard'. However, specific details of her holdings were not disclosed.

China reiterates warning on illegal virtual asset activities… "Pi Coin is a valueless coin" directly targeted

China's major financial self-regulatory organizations reiterated their negative stance on virtual assets (cryptocurrencies). On the 5th (Korean time), according to the China Futures Association, several financial institutions including the China Inte

EU moves to transfer virtual asset supervision from individual countries to the European Securities and Markets Authority (ESMA)

Europe plans to unify supervision of virtual assets (cryptocurrencies). On the 5th (Korean time), crypto-focused outlet CoinDesk reported that the European Commission announced plans to transfer supervision of virtual asset firms from individual coun

Riot Platforms mined 428 bitcoins during November

Bitcoin (BTC) mining company Riot Platforms disclosed its mining record for last month. On the 5th (Korean time), according to Globe Newswire, Riot Platforms mined a total of 428 bitcoins last month. This is 9 fewer than the previous month. The avera

Ripple completes acquisition of GTreasury for $1 billion…expands institutional financial adoption

Blockchain-focused company Ripple has completed the acquisition of GTreasury. On the 5th (Korean time), according to Coinpedia, a virtual asset (cryptocurrency) specialized media, Ripple announced via X (formerly Twitter) that it had completed the ac

[Analysis] "Bitcoin, Breaking through 100,000 dollars is key"

Some argue that the price level of 100,000 dollars for Bitcoin (BTC) itself can act as a psychological resistance. However, analysis suggests that if it breaks through 100,000 dollars, the rally could continue. On the 5th (Korean time), a contributor

Europol seizes virtual asset fraud network laundering more than $800 million

Europol carried out a joint operation to crack down on a major virtual asset (cryptocurrency) fraud case. On the 5th (Korea time), crypto-focused outlet The Block reported that Europol said it had dismantled a virtual asset fraud and money-laundering

[Analysis] "Ethereum, Husaka upgrade effect 'noticeable'… futures market buy ratio surges"

The effects of Ethereum (ETH)'s major network upgrade, Husaka, are becoming apparent. The share of Ethereum buys has surged. On the 5th (Korean time), CryptoQuant contributor Crypto Onchain said in a report, "According to Binance, the buy·sell ratio

Bitcoin falls below $91,000

Russia's second-largest bank VTB to start Bitcoin spot trading service from next year

Russia's second-largest bank VTB is expected to provide Bitcoin (BTC) trading services to customers starting in 2026. On the 5th (Korean time), Atlas21 reported that VTB will offer spot trading services for virtual assets (cryptocurrencies), includin

HashKey conducts offering in Hong Kong for IPO

On the 5th (KST), Bloomberg reported that HashKey Holdings Ltd., the operator of the virtual asset (cryptocurrency) exchange HashKey, will begin accepting investor orders next week in Hong Kong for its planned initial public offering (IPO). HashKey p

"Ethereum, sharp decline in exchange supply"

Ethereum (ETH) is leaving exchanges at a faster pace than Bitcoin (BTC). Analysts have suggested that if this trend continues, a supply shock could occur. On the 5th (Korean time), crypto outlet Cryptopolitan, citing data from blockchain analytics fi

Woori Bank, the first among commercial banks, displays 'Bitcoin' prices in its dealing room

Woori Bank said on the 5th that it is displaying Bitcoin (BTC) price information alongside exchange rates and stock prices on the electronic display board in the dealing room at its headquarters in Jung-gu, Seoul. Woori Bank is the first among commer

Solana-based DEX 'Humidify' hit by bot sniping during token sale…"Resale next week"

Solana-based decentralized exchange (DEX) 'Humidify', which held a public sale ahead of its token launch, will rerun the token sale next week. This is because 'sniping' using bots was detected during the public sale held that day. On the 5th (KST), H

Japanese government "Will take measures if excessive fluctuations in the foreign exchange market occur"

The Japanese government said it will take necessary measures to respond to excessive and disorderly fluctuations in the foreign exchange market. On the 5th (Korea time), according to BlockBeats, Minoru Kihara, Japan's Chief Cabinet Secretary, said, "

"XRP sentiment worst since last October… should be taken as a buying opportunity"

Market sentiment toward XRP appears to be cooling rapidly. On the 5th (Korean time), Cryptopolitan reported that Sentiment said in a report, "XRP has fallen more than 31% over the past two months," adding, "Unlike Bitcoin, whose market sentiment retu

[Analysis] "Bitcoin, $84,400 is a strong support level"

On the 5th (Korean time), Ali Martinez, a virtual asset (cryptocurrency) analyst, said on X (formerly Twitter), "300,648 bitcoins are accumulated at $84,400," and analyzed that "this range could act as a strong support level." As of 3:30 PM that day,

Bitcoin unlikely to reproduce last January's surge… "Market sentiment slow to recover"

nBitcoin is unlikely to show the surge it recorded in January this year again in early next year, according to a forecast.nAccording to Cointelegraph on the 5th (KST), Ophelia Snyder, co-founder of 21Shares, said, "The factors causing the current vol

Turbulent stablecoin market… RLUSD and PayPal USD emerge as rising contenders

The supplies of PayPal USD (PYUSD) and Ripple RLUSD have surged over the past month. Analysts say the intensifying global stablecoin competition could bring changes to the market structure that has solidified around the Tether (USDT) and Circle (USDC

Shin Futures launches 'Monday Trade' service on Monad mainnet

Decentralized exchange (DEX) Shin Futures (F) announced on the 4th that its trading platform 'Monday Trade' developed in its builder program has officially launched services on the Monad (MON) mainnet. The Shin Futures builder program is an internal

U.S. IPO heavyweight Circle plunges… down 74% from June peak

Circle plunges 74% from its peak Investor sentiment sharply cooled amid global macro headwinds Rate cuts and intensified competition are also weighing factors New ventures like Acr likely to determine a rebound The dollar stablecoin issuer Circle's s

Sentbe Enters the Stablecoin Market…"Targeting On·Off Ramps to Expand Globally"

Sentbe Roundtable Meeting Declaration to Pursue Stablecoin Business Targeting the Market with 'On·Off Ramps' Only Domestic Holder of Singapore MPI International remittance company Sentbe is pursuing a stablecoin business. Sentbe intends to target the

BlackRock "Tokenization, a bridge connecting traditional finance and virtual assets"

Larry Fink, Chief Executive Officer (CEO) of the world's largest asset manager BlackRock, and Rob Goldstein, Chief Operating Officer (COO), emphasized that tokenization will be a core technology connecting traditional finance and digital assets. On t

Ethereum spot ETF, 9.9 million dollars net outflow

Ethereum (ETH) spot exchange-traded funds (ETFs) recorded net outflows for 2 consecutive trading days. On the 2nd (local time), according to Farside Investor, nine Ethereum spot ETFs had net outflows of 9.9 million dollars that day. Fidelity FETH and