Uk Jin

Bank of Korea cites Biden-era policy in latest 'Stablecoin White Paper'

The Bank of Korea appears to have cited the Joe Biden administration's policy in the recently published 'Stablecoin (virtual asset pegged to fiat currency) White Paper.' On the 10th (Korean time), industry sources said that in the white paper the Ban

"Bank of Japan Signals Possible Rate Hike in December"

The Bank of Japan(BOJ) is reported to have signaled that it could raise its policy rate as early as December. On the 10th (Korea time), Jinshi News reported that the latest summary of views from the Bank of Japan's policy meeting showed some members

Countdown to XRP ETFs?… Five spot XRP ETF tickers appear at US DTCC

Expectations for the launch of spot XRP (XRP) exchange-traded funds (ETFs) appear to be growing. Five spot XRP ETFs have completed ticker registration with the Depository Trust & Clearing Corporation (DTCC) as part of the ETF launch process. On the 1

Faraday Future CEO "Added $3 million in virtual assets to Qualigen Therapeutics"

Electric vehicle company Faraday Future has expanded its investment in virtual assets (cryptocurrencies) as part of its Crypto Flywheel strategy. On the 10th (Korean time), Jia Yueting, CEO of Faraday Future, wrote on X (formerly Twitter), "We have n

Bitcoin exceeds $106,000

Democratic senator "There are enough Democratic votes to end the shutdown" - ABC

The shutdown is expected to be nearing its end. It was reported that a sufficient number of Democratic defections for an agreement to end the shutdown have been secured. On the 9th (local time), ABC News reported that the Senate is scheduled to hold

[Breaking] Trump "Shutdown seems very close to ending"

U.S. Senate Reaches Agreement to End Shutdown

The U.S. Senate reportedly reached a bipartisan agreement to end the government shutdown. On the 9th (local time), Politico reported that the agreement, led in negotiations by bipartisan senators including Angus King, Jeanne Shaheen, and Maggie Hassa

Crypto Fear & Greed Index records 29 points…returns to fear stage

On the 10th, according to crypto asset (cryptocurrency) data provider Alternative.me, the Crypto Fear & Greed Index rose 8 points to 29 compared with the previous day. As of 9 a.m. that day, Bitcoin (BTC) was trading on CoinMarketCap at 105,024 dolla

[Market] Investor sentiment recovered by stimulus…Bitcoin and Ethereum strong during the session

The virtual asset (cryptocurrency) market succeeded in rebounding. As of 8:20 AM on the 10th, the leading virtual asset Bitcoin (BTC) is trading at 105,000 dollars, up 2.7% from the previous day according to CoinMarketCap. It is not only Bitcoin. At

[Today's Major Economic·Cryptocurrency Schedule] LINEA Token Unlock etc.

<Today's Major Economic Schedule> ▶︎10th (Mon): None <Today's Major Cryptocurrency Schedule> ▶︎10th (Mon): △LINEA(LINEA) token 2,880,000,000 unlock

Trump's tariff dividend: Will it trigger a virtual asset rally…"Expectations of short-term stimulus"

President Donald Trump announced a plan to pay a "dividend(dividend)" of 2000 dollars per person to Americans funded by tariff revenues. Some say this dividend could provide short-term momentum to the virtual assets (cryptocurrency) market. On the 10

Michael Saylor Hints at Strategy's Additional Bitcoin Purchases

Michael Saylor, CEO of Strategy (formerly MicroStrategy), hinted at Strategy's additional purchases of Bitcoin (BTC). On the 9th (local time), CEO Saylor posted the 'Saylor Tracker' chart on X (formerly Twitter). The Saylor Tracker chart tracks Strat

U.S. Senate Republican leader: "Agreement to end shutdown imminent"

With the U.S. federal government shutdown still ongoing, attention is focused on whether an agreement could be announced in the near future. On the 10th (Korean time), the Kobeissi Letter reported via X (formerly Twitter) that Senate Republican Whip

Ledger considering U.S. listing and new fundraising measures

Virtual asset (cryptocurrency) wallet firm Ledger is reportedly considering a New York Stock Exchange listing or new fundraising. On the 10th (Korean time), crypto-focused outlet The Block reported that Ledger CEO Pascal Gauthier said, "The reason I

Ripple Global Policy Head "Korea to Become a Key Market for Stablecoins" [Coin Interview]

Rahul Advani, Ripple Global Policy Head Expanding businesses including RLUSD "Asia, Ripple's core target" Also mentions Korea's market potential "Strengths such as digital literacy" "Korea is one of the key countries that will lead the era of virtual

Benchmark "Hut8 stock decline is a short-term phenomenon… price target $78 maintained"

Hut8, a virtual asset (cryptocurrency) mining company, has seen its stock decline since the announcement of 3rd-quarter results. However, this decline has been described as a short-term phenomenon. On the 5th (local time), according to crypto outlet

U.S. Senate and House Democratic floor leaders request meeting with President Donald Trump... "Want to end the shutdown"

Democratic leaders in the Senate and House reportedly requested a meeting with President Donald Trump to end the federal government shutdown. On the 5th (local time), the U.S. political publication Politico reported that Senate Democratic Leader Chuc

Virtual asset venture CMT Digital raises $136 million

Virtual asset (cryptocurrency) investment firm CMT Digital has reportedly secured a large amount of new funding. On the 5th (Korean time), Sam Harlin, a partner at CMT Digital, told Fortune in an interview, "CMT Digital's fourth venture fund has rais

Ripple secures $500 million investment…company valuation nears $40 billion

Global remittance solutions provider Ripple has reportedly secured $500 million in new funding. On the 5th (Korean time), CNBC reported that Ripple raised $500 million in an investment round, lifting its valuation to $40 billion. Major investors in t

Adam Back's Bitcoin treasury 'Future' raises US$34.5 million

Swiss-based Bitcoin (BTC) treasury and custody company Future announced on the 5th that it had completed a strategic investment round of US$34.5 million. Investors in the round included Fulgur Ventures, Nakamoto, and Tobam. Future aims to provide mul

Bitcoin exceeds $103,000

[Breaking] Trump "The Democrats aren't trying to resolve the shutdown... should end the filibuster"

U.S. October ADP nonfarm employment 42,000… exceeds expectations

Last month, the U.S. private employment indicator exceeded market expectations. According to the Automatic Data Processing (ADP) employment report on the 5th (local time), U.S. nonfarm employment increased by 42,000 last month compared to the previou

Bitcoin reaches turning point after 'October nightmare'... "Macroeconomic factors are the catalyst"

Bitcoin (BTC) has continued its weakness in November following October. However, some say Bitcoin has reached a turning point toward an upswing. On the 5th (Korean time), according to crypto asset (cryptocurrency) outlet The Block, Berl Lunde, an ana

[Analysis] "Bitcoin, the $101,000 level is the turning point"

Bitcoin (BTC) surrendered the $107,000 level, which had been regarded as a major support, and fell to $98,000, leading to analysis that the $101,000 level will become a new support. On the 5th (Korean time), CryptoQuant contributor CryptoOnChain said

Japanese listed company Remixpoint buys an additional 29.46 Bitcoin

Japanese listed company Remixpoint made an additional purchase of Bitcoin (BTC). On the 5th (KST), according to BitcoinTreasuryNet on X (formerly Twitter), Remixpoint purchased 29.46 Bitcoin. As a result, Remixpoint's total Bitcoin holdings reached 1

"Bitcoin up 300% since ETF launch… No need to worry about a decline"

As many investors voice concerns over Bitcoin(BTC)'s recent weakness, a claim has emerged that it is not yet a stage to worry. On the 5th (Korean time), Eric Balchunas, a Bloomberg ETF analyst, wrote on X (formerly Twitter), "Bitcoin has recently fal

BlackRock deposits 34,777 Ethereum to Coinbase

The world's largest asset manager BlackRock deposited a large amount of Ethereum (ETH) to an exchange. On the 5th (KST), according to Onchain Lens, BlackRock deposited 35,777 Bitcoin to Coinbase in four transfers starting 20 minutes earlier. As of 9:

Bitwise CIO "Bitcoin enters IPO stage…1% allocation is a thing of the past"

A claim has emerged that Bitcoin (BTC)'s significance as an investment asset is strengthening. According to The Block on the 5th (Korean time), Matt Hogan, Bitwise Chief Investment Officer (CIO), wrote in a letter to investors the previous day that "