Uk Jin

Bitcoin, next support level?…"Holding $98,000 is key"

Bitcoin (BTC) has fallen more than 20% from its all-time high. Attention is focused on how far Bitcoin's decline will continue. On the 5th (Korean time), cryptocurrency-focused outlet Cointelegraph reported that Bitcoin has fallen 20% from its all-ti

Buying Pressure Is 'Record-Breaking' Despite Bitcoin Correction

Recently, amid continued weakness in the leading crypto asset Bitcoin (BTC), it was reported that many investors purchased Bitcoin during this downturn. On the 5th (Korean time), crypto media Cointelegraph cited CryptoQuant's 'Bitcoin accumulation wa

Mastercard pursues acquisition of a $2 billion virtual asset firm…"Will it accelerate the era of 24-hour payments?"

While Mastercard is reviewing the acquisition of virtual asset (cryptocurrency) infrastructure firm Zero Hash, some say the deal could hasten the era of 24-hour payments. On the 5th (Korean time), Cointelegraph reported that Mastercard is conducting

Thai Finance Minister "Will tighten regulations on transactions of virtual assets·gold, etc."

Bitcoin recovers to $102,000

Singapore suspends tax benefits for family offices linked to Prince Group, 'Cam' crime syndicate

The Singapore government has suspended tax benefits for two family offices linked to individuals associated with Prince Group. On the 5th (Korea time), Bloomberg reported that Chee Hong Tat, Deputy Chairman of the Monetary Authority of Singapore (MAS

MetaPlanet raises $100 million secured by its Bitcoin holdings

MetaPlanet has newly raised operating funds using its Bitcoin (BTC) holdings as collateral. On the 5th (Korean time), CoinPost reported that MetaPlanet raised $100 million (about 153 billion won) on October 31 using Bitcoin as collateral. This loan i

Binance Alpha, Trust (TRUST) Listed

Canada includes 'plan for a stablecoin regulation bill' in the budget as planned

The Canadian government said it plans to introduce a stablecoin (a virtual asset whose value is linked to fiat currency) regulation bill in the 2025 federal budget. On the 5th (Korean time), Cointelegraph, a media outlet specializing in virtual asset

Arthur Hayes "Bitcoin rebound will begin when the shutdown ends"

BitMEX co-founder Arthur Hayes (Arthur Hayes) said that if the U.S. government shutdown ends, Bitcoin (BTC)'s rally will resume. On the 5th (KST), Hayes said on X (formerly Twitter), "Since the July increase in the U.S. debt ceiling, accumulation in

[Analysis] "Bitcoin approaches oversold territory… short-term buy-the-dip may be considered"

An analysis said Bitcoin (BTC) is approaching an oversold area from a technical perspective, opening a short-term buying opportunity. On the 5th (Korea time), Matrixport said in a report, "Bitcoin has entered a technically overheated selling zone dur

[Today's Major Economic & Cryptocurrency Schedule] US October Nonfarm Employment Change, etc.

<Today's major economic schedule> ▶︎5th (Wed) : △ADP October nonfarm employment change (Korea time 22:15, US time 08:15), △US October services PMI (Korea time 23:45, US time 09:45) <Today's major cryptocurrency schedule> ▶︎5th (Wed) : None

Chainlink founder "On-chain finance is becoming mainstream now"

On-chain finance is rapidly moving into mainstream finance, and the convergence of institutions and DeFi is said to be the key driver of industry growth. On the 5th (Korean time), according to crypto media Odaily, Sergey Nazarov, co-founder of Chainl

Is holding virtual assets okay…Bitmine's Ethereum investment losses near 2.4 billion dollars

As the business model of stockpiling virtual assets (cryptocurrencies) has attracted significant attention this year, many digital asset treasury (DAT) companies have emerged. However, with the recent turn of the virtual asset market into a bear mark

Bitcoin Temporarily Rallies as US-China Tensions Ease

The weakness of the leading virtual asset (cryptocurrency), Bitcoin (BTC), has been prolonged. However, attention is focused on whether it could reach an inflection point as tariff-related tensions between the United States and China eased somewhat t

Radical leftist Mamdani elected New York mayor… Will it affect the virtual asset market?

Joran Mamdani, a New York state lawmaker classified as a radical leftist in the U.S. Democratic Party, has been elected mayor of New York. Attention is focusing on what his administration in New York, the financial and blockchain industry hub, will m

Ethereum, 3500 dollars returned

Bitcoin collapses below $105,000

FTX withdraws proposal to restrict repayments to certain countries such as China and Russia

Bankrupt crypto exchange FTX has reportedly withdrawn its proposal to introduce the 'Restricted Jurisdiction Procedure' that would have limited creditor repayments in certain countries such as China and Russia. On the 4th (Korean time), The Block rep

Ripple stablecoin RLUSD surpasses $1 billion in market capitalization

Ripple's stablecoin (a virtual asset whose value is pegged to fiat currency) RLUSD has surpassed $1 billion in market capitalization. On the 4th (Korean time), Ripple said on X (formerly Twitter), "RLUSD surpassed $1 billion in market capitalization

'Depegging' XUSD operator Stream admits $93 million loss… launches investigation

Stream Finance, operator of the stablecoin 'XUSD' (a virtual asset whose value is linked to fiat currency) that failed to maintain a value of $1 and depegged, disclosed that approximately $93 million in Stream Fund assets were lost. On the 4th (Korea

Ethereum spot ETF, $135.5 million net outflow

A large net outflow occurred from Ethereum (ETH) spot exchange-traded funds (ETFs). On the 3rd (local time), according to trader T, the nine Ethereum spot ETFs recorded a total net outflow of $135.5 million. BlackRock ETHA saw a net outflow of $81.5

Bitcoin spot ETF, US$187.8 million net outflow

Net outflows occurred in Bitcoin (BTC) spot exchange-traded funds (ETFs). On the 3rd (local time), according to TraderT, BlackRock IBIT had a net outflow of US$187.8 million. There were no net inflows or outflows among other spot ETF products.

Strategy seeks to issue euro-denominated preferred shares to purchase Bitcoin

Bitcoin (BTC) largest holder Strategy (formerly MicroStrategy) is seeking to conduct a public offering of euro-denominated perpetual preferred shares 'STRE' to expand its Bitcoin accumulation strategy. On the 4th (Korean time), according to crypto-fo

'Market cap $200 million' scale stablecoin depegging occurs

On the 4th (Korea time), according to PeckShield, severe depegging (the stablecoin's value moving away from 1 dollar) is occurring in Stake Stream USD (XUSD). As of 11:43 AM that day, according to CoinGecko, XUSD is trading at $0.9204, down 27.2% fro

Balancer hacker converts $100 million stolen into Ethereum

On the 4th (Korea time), LookonChain reported that the Balancer (BAL) hacker began converting the stolen funds into Ethereum (ETH). The funds stolen from Balancer are estimated at $116.6 million.

SC Ventures CEO "Asset tokenization leads financial innovation"

SC Ventures, a venture investment firm under Standard Chartered (SC), expressed a positive view on asset tokenization. According to BlockBeats on the 4th (Korea time), Alex Manson, CEO of SC Ventures, said at the 'Finternet 2025 Asia Digital Asset Su

Canary Capital Hedera spot ETF, $22.06 million net inflows

The Hedera (HBAR) spot exchange-traded fund (ETF) recorded net inflows amid strong interest. On the 3rd (local time), according to SosoValue, Canary Capital's Hedera spot ETF 'HBR' had net inflows of $22.06 million. As of 10:55 AM on the 4th (Korean

'Hit the October crash' whale bets 55 million dollars on Bitcoin and Ethereum bullishness

The whale 'HyperUnit', which accurately predicted the crash triggered by the US-China trade war and earned 200 million dollars, forecast bullishness for Bitcoin (BTC) and Ethereum (ETH). On the 4th (Korean time), crypto outlet Cointelegraph cited Ark

'Hacked' Stakewise recovers assets worth $20.7 million

Stakewise, the Ethereum (ETH) staking protocol that was hacked the previous day, said on the 4th (Korean time) on X (formerly Twitter), "recovered about $20.7 million of the assets leaked in the Balancer (BAL) exploit." According to Stakewise, Stakew