Uk Jin

Ki Young Ju "Bitcoin will take another 3–6 months to recover"

The Bitcoin (BTC) market has shown weaker-than-expected performance, prompting analysis that a strong recovery may be difficult over the next 3–6 months. The outlook is that the bull market will resume next year, when liquidity is fully released. On

Tensor (TNSR) surges 110% even amid bear market

The Solana (SOL)-based non-fungible token (NFT) marketplace Tensor (TNSR) surged intraday. In particular, while the broader crypto asset (cryptocurrency) market, including Bitcoin (BTC), was generally weak that day, Tensor rose alone and drew market

Bitcoin falls below $82,000

Longtime Bitcoin whale 'Owen Gunden' sells all held Bitcoin… $1.3 billion

'Owen Gunden,' known as an early Bitcoin (BTC) investor and a 'Bitcoin OG,' appears to have strategically sold the Bitcoin he held. On the 21st (Korean time), Arkham, a virtual asset (cryptocurrency) data-tracking platform, said on X (formerly Twitte

UK Serious Fraud Office arrests 2 people linked to 'Basis Markets' on $28 million rug pull suspicion

The UK's Serious Fraud Office (SFO) has reportedly launched an official investigation into the virtual asset (cryptocurrency) fund 'Basis Markets' over allegations of a $28 million rug pull (exit scam). On the 21st (KST), CryptoNews reported that the

SoftBank's PayPay begins integration with Binance Japan

Japan's SoftBank-affiliated QR code payment service provider PayPay will launch an integrated payment service for virtual assets (cryptocurrencies) with Binance Japan. On the 21st (Korean time), according to crypto-focused media Cointelegraph, PayPay

Polymarket users bet on Bitcoin falling below $80,000… 'Year-end $200,000 prediction' grows distant

The downtrend of Bitcoin (BTC), which had been expected to reach $200,000 by year-end, is deepening. On overseas decentralized prediction markets, it appears that the probability that Bitcoin will fall below $80,000 in November reaches 56%. On the 21

DWF Labs to set up a new fund of up to $75 million…"This correction is a good investment opportunity"

DWF Labs plans to set up a new fund that invests in virtual assets (cryptocurrencies). On the 21st (Korean time), Andrey Grachev, co-founder of DWF Labs, said on X (formerly Twitter), "I believe the current downturn is the optimal time to close good

Solana returns $130…falls to 7th in market cap

Solana (SOL) recorded an intraday decline and fell to 7th in the cryptocurrency market capitalization rankings. As of 5:37 p.m. on the 21st (Korea Standard Time), Solana is trading at $128.28, down 10.48% from the previous day. Accordingly, Solana's

Bitcoin spot ETF sees $3.79 billion net outflow so far this month…"largest on record"

Net outflows from Bitcoin (BTC) spot exchange-traded funds (ETFs) are intensifying. According to crypto asset (cryptocurrency) specialist media CoinDesk on the 21st (Korea time), Bitcoin spot ETFs saw a total net outflow of $3.79 billion during Novem

[Breaking] Virtual asset futures market, $300 million liquidations in the last 15 minutes

Volatility in the virtual asset (cryptocurrency) market appears to be widening significantly. Large positions were liquidated in the futures market. On the 21st (Korea time), according to WatcherGuru, a total of $300 million in liquidations occurred

Bitcoin falls below 84,000 dollars

Japan confirms largest-ever stimulus package... "Limited effect on risk assets"

Japan's announcement of a 21.3 trillion yen stimulus package is expected to sustain the weak yen trend. However, unlike in the past, there are views that the yen's weakness may not translate into upward pressure on risk assets such as virtual assets

"RWA could grow up to 5-fold next year"

The real-world assets (RWA) market could enter a full-scale growth phase starting next year. On the 21st (Korean time), according to Cointelegraph, a media outlet specializing in cryptoassets (cryptocurrencies), Chris In, co-founder of PLUME, said, "

XRP Falls Below $2 Amid ETF Weakness

XRP has relinquished the $2 level. The recent launch of a spot exchange-traded fund (ETF) had raised market expectations, but investor sentiment appears to have frozen due to ETF trading volume being lower than expected. On the 21st (Korean time), ac

Personal Information Protection Commission to conduct preliminary inspections of blockchain services

On the 21st (Korea time), according to industry sources, the Personal Information Protection Commission said it will undertake preliminary inspections of blockchain application services. This is a follow-up measure after the plenary meeting the previ

[Analysis] "Binance investors flock to altcoins… trading share approaches 60%"

Investors on Binance, the world's largest virtual asset (cryptocurrency) exchange, appear to be increasing their investments in altcoins (virtual assets excluding Bitcoin and Ethereum). On the 21st (Korea time), CryptoQuant contributor Matune said in

Altcoin season, struggling despite consecutive ETF launches... how long will the downturn last

Altcoins weak despite ETF launches Investor sentiment worsens due to U.S. shutdown "Must prove a rationale to traditional finance" Mass launch of XRP ETFs Watching whether it will trigger a market reversal Major altcoins, which had raised hopes of a

"South Korea has optimal conditions for digital assets… stablecoins have sufficient commercial viability"

South Korea's existing infrastructure was claimed to be the optimal condition for nurturing the digital asset industry. In particular, the Korean won stablecoin (a virtual asset whose value is linked to fiat currency), which has been steadily discuss

"Current Digital Asset Bills Are Excessive and Inefficient…Better to Leave Them Alone"

A claim was made that South Korea's digital asset industry, despite its sufficient potential, is not properly growing due to excessive and inefficient regulations. It was pointed out that high domestic demand for digital assets is being pushed overse

Oh Kyung-seok, Dunamu CEO "Digital assets, the protagonists leading an advanced South Korea"

"It is by stepping forward as leaders in an industry environment that constantly changes and develops that today's advanced South Korea has been achieved. Digital assets are one of the protagonists driving this change." Oh Kyung-seok, Dunamu CEO, sai

Ruling and opposition united in one voice: "Develop digital assets as a core industry… Will speed up drafting bills through TF"

Lawmakers from the Democratic Party of Korea and the People Power Party emphasized the importance of digital assets and announced that they will foster the digital asset industry. They plan to promote the industry by preparing balanced legislation th

'Samsung pick' ZeroG Labs "AI is a public good... will prevent the black-box phenomenon" [Coin Interview]

Interview with Michael Heinrich, founder of ZeroG Labs AI-specialized layer-1 blockchain Decentralizing AI with blockchain technology Recruited Conflux co-founder and others Large investments from OKX, Samsung Next, etc. "Aiming for a killer app with

'Opaque statistics' topple Bitcoin... "Could fall further"

Major economic indicators gap due to shutdown Rate cuts unclear after hawkish Fed remarks DAT purchase slowdown·ETF net outflows compound "Could fall to $93,000 if stop-loss selling emerges" Bitcoin (BTC), the leading cryptocurrency that had been sta

American Bitcoin CEO "The Trump family is serious about Bitcoin… no room for doubt" [Cointerview]

Michael Ho, CEO of American Bitcoin — Interview A Bitcoin treasury company founded by Eric Trump "Bitcoin is taking off as an institutional store of value" "The Trump family has chosen 'blockchain' as the next-generation growth industry" "Bitcoin (BT

[Market] Bitcoin falls below $104,000… Ethereum also weak

Bitcoin (BTC) fell below $104,000 intraday. As of 11:52 p.m. on the 11th (Korea Standard Time), Bitcoin was trading on Binance at $103,855, down 1.02% from the previous day. Leading altcoin Ethereum (ETH) also relinquished the $3,500 level at the sam

"Spot XRP ETF, launch imminent… expected on Wednesday or Thursday"

A spot exchange-traded fund (ETF) for XRP could be launched soon. On the 11th (Korean time), Bloomberg ETF analyst Eric Balchunas said on X (formerly Twitter), "Canary Capital filed the 8-A filing for a spot XRP ETF the previous day," and "because th

White House crypto czar "Market Structure Act, an important step toward becoming the crypto capital"

As the U.S. Senate released a draft of a market structure bill for virtual assets (cryptocurrencies), the White House crypto czar expressed a positive stance. On the 11th (Korean time), White House crypto czar David Sacks posted on X (formerly Twitte

Stablecoin giant 'Tether' pushes into the gold market…hires gold experts from HSBC

The world's largest stablecoin (a digital asset whose value is linked to fiat currency) company Tether (USDT) is moving to target the gold market. On the 11th (Korea time), Bloomberg reported that Tether plans to hire Vincent Domien, global head of m

Following the US, China also eases… People's Bank of China "Expand liquidity to promote price rebound"

With concerns about a slowdown in the Chinese economy, the People's Bank of China indicated it would pursue an accommodative monetary policy. On the 11th (Korea time), according to the industry, the People's Bank of China said in its third-quarter mo