Uk Jin

Solana reserve holder 'Solana Company' stock plunges 57% over the past three trading days

The stock of Solana Company (formerly Helius Medical Technologies), which designated Solana (SOL) as a reserve asset, has been falling sharply since last week. On the 20th (local time), according to Nasdaq, Solana Company closed at 6.87 dollars, down

Bitcoin returns 110,000 dollars

Tom Lee "Ethereum shows signs of entering a supercycle… buying opportunity"

Ethereum (ETH) has been claimed to be entering a supercycle. On the 21st (Korean time), according to crypto media Cointelegraph, Tom Lee, chairman of Bitmine, said, "Ethereum's open interest has returned to the level it was on June 30," and "at that

Bloomberg "Korean retail investors undertake high-risk asset investments like altcoins to buy a home"

South Korea's individual investors are pouring large sums into high-risk investment products that can yield high returns in order to purchase homes. On the 21st (local time), Bloomberg reported that domestic individual investors' margin loan balances

Crypto industry IPOs continue… Blockchain.com considers listing via SPAC

The virtual asset (cryptocurrency) exchange Blockchain.com is pursuing a listing on the stock market through a merger with a special purpose acquisition company (SPAC). On the 21st (local time), Cryptopolitan reported that Blockchain.com has appointe

U.S. Trade Representative criticizes "China induces a reduction in U.S. investment"

The U.S. Trade Representative (USTR) criticized that China is pressuring foreign companies and inducing them to avoid investing in major U.S. industries. On the 21st (Korea time), according to Walter Bloomberg, USTR Representative Jamieson Greer said

British Columbia, Canada, advances bill to limit AI power use and permanently ban virtual asset mining

British Columbia (BC), Canada, is advancing a bill to limit power use by artificial intelligence (AI) data centers and to permanently ban new virtual asset (cryptocurrency) mining operations. According to Bloomberg on the 21st (local time), the BC go

NHN Cloud signs business agreement with Avalanche and Blocko

NHN Cloud announced on the 21st that it has signed a 'business agreement for blockchain technology cooperation and ecosystem expansion' with Ava Labs and Blocko. Ava Labs is the company that developed the blockchain platform 'Avalanche'. Based on fas

Three addresses presumed to belong to Bitmain accumulate 63,539 Ethereum

Evidence has been found that Bitmain, a Nasdaq-listed company that set Ethereum(ETH) as a reserve asset, has accumulated Ethereum. On the 21st (Korean time), according to Onchain Lens, 63,539 Ethereum were accumulated in three newly created exchange

Virtual asset Fear & Greed Index records 34 points… remains in fear stage

On the 21st, according to virtual assets (cryptocurrencies) data provider Alternative.me, the virtual asset Fear & Greed Index recorded 34 points, up 5 points from the previous day. As of 9 a.m. that day, Bitcoin (BTC) on CoinMarketCap was trading at

Travelwallet to pursue collaboration with Crypto.com on a Korean won-based stablecoin

Travelwallet announced on the 21st that it had entered into a business agreement with global virtual asset (cryptocurrency) platform Crypto.com. Through this agreement, the two companies will pursue strategic collaboration in three core areas: co-bra

Pump.fun maintains $1 million daily revenue…dominance amid market downturn

Meme-coin launchpad Pump.fun is strengthening its market dominance by recording $1 million in daily revenue despite the recent slowdown in the cryptocurrency market. On the 21st (Korean time), according to The Block, Pump.fun holds a 95% share of tok

[Today's Major Economic & Cryptocurrency Schedule] U.S. Fed Governor Waller Speech, etc.

<Today's major economic schedule> ▶︎21 (Tue) : △European Union (EU) European Central Bank President speech (Korean time 20:00, U.S. time 07:00) △Canada September Consumer Price Index (Korean time 21:30, U.S. time 08:30) △U.S. Federal Reserve Governor

"Ethereum still needs venture capital's 'capital-raising ability'"

Recently, amid criticism in the virtual asset (cryptocurrency) industry over the excessive influence of venture capital (VC), a claim has emerged that Ethereum (ETH) still needs the investment capital-raising ability that venture capital possesses. O

Former Ripple CTO joins XRP reserve firm 'Evernos'

Evernos, an XRP reserve company, has hired former Ripple chief technology officer (CTO) David Schwartz. On the 21st (Korean time), David Schwartz announced via his X (formerly Twitter), "I have joined Evernos, led by Ashish B. Birla, as a strategic a

Ripple, SBI Holdings, Pantera mobilize $1 billion funding for XRP reserve company 'Evernorth'

Ripple, the issuer of XRP (XRP), Japanese financial giant SBI Holdings, and crypto venture capital firm Pantera Capital are teaming up to establish an XRP reserve company. According to FXStreet on the 21st (Korean time), the XRP reserve company 'Ever

Address Believed to Be Coinbase Buys 'UpOnly' NFT for $25 Million

An address believed to be Coinbase has been reported to have purchased an ultra-high-priced non-fungible token (NFT). According to Arkham on the 21st (Korean time), the Ethereum (ETH) address coinbase.eth was confirmed to have purchased the 'UpOnly'

Ethena to expand development staff by 50% ahead of launch of two new products

Ethena Labs, the issuer of the stablecoin (a virtual asset whose value is linked to fiat currency) USDe, is ramping up hiring. This is recruitment for new business. On the 21st (Korean time), The Block reported that Ethena co-founder Guy Young said v

AWS outage fallout… Some account balances shown as '0' in Base app

On Coinbase's Base, the U.S. virtual asset (cryptocurrency) exchange, some users' coin balances are being displayed as '0'. On the 20th (local time), The Block reported that after an Amazon Web Services (AWS) outage, some users' balances in the Coinb

International remittance service firm 'Wise' hires digital asset expert... "Suggests use of stablecoins"

Global remittance company Wise is drawing attention over whether it will expand stablecoins (virtual assets whose value is linked to fiat currencies). On the 21st (Korean time), according to crypto-focused outlet Cointelegraph, Matthew Salisbury, Wis

Sui "Korea Will Be a Vanguard in the Blockchain Era" [EastPoint Seoul 2025]

Adeyini Abiodun, co-founder of Mysten Labs Christian Thompson, director of the Sui Foundation — interview "Korea Has High Blockchain Competitiveness" Positive assessment of domestic crypto asset policy "Sui ETF Shows Market Trust" Also pledged ecosys

[Analysis] "Bitcoin Enters a 'Disbelief' Phase... Could Instead Become an Upside Driver"

Recently, Bitcoin (BTC) has been undergoing a correction, raising concerns among investors about further declines. However, some analysis suggests that this situation could instead trigger a larger rally. On the 20th (Korean time), CryptoQuant contri

[Today's Global Coins of Interest] Bitcoin·Momentum·Zcash etc.

According to Token Mindshare of AI-based web3 search platform Kaito (Token Mindshare, an index that quantifies the influence of a specific token within the virtual asset (cryptocurrency) market), as of the 20th the top five crypto-related keywords pe

Bitcoin surpasses $110,000

HumidiFi overtakes Meteora and Raydium to become Solana's No.1 DEX

HumidiFi, a Solana (SOL)-based dark pool (an exchange where trade records are not disclosed) decentralized exchange (DEX), has risen to become the network's No. 1 DEX. On the 20th (Korean time), UBlockchain, citing DeFiLlama data, reported that Humid

"10·11 crash blamed on excessive leverage and complex market factors"

An analysis found that the cause of the '10·11 crash,' which led to a correction in the global virtual asset (cryptocurrency) market, lies in excessive leverage within the market and various derivatives structures. On the 20th (Korean time), The Bloc

FIU: "Further inspection needed on sharing order books with overseas exchanges"

Park Gwang, head of the Financial Intelligence Unit, stated that additional inspection is needed regarding the sharing of overseas order books by virtual asset (cryptocurrency) exchanges, which has recently become a hot topic in the industry. On the

U.S. Democratic senators to hold roundtable with crypto industry CEOs this Wednesday

U.S. Democrats are seeking to hold a private meeting with major crypto (cryptocurrency) company CEOs to discuss market-structure legislation. On the 19th (local time), according to Eleanor Terrett of Crypto in America, this Wednesday Democratic senat

Lee Eok-won "To submit measures for the institutionalization of stablecoins to the National Assembly within the year"

Lee Eok-won, Chairman of the Financial Services Commission, said he would submit measures to institutionalize stablecoins (virtual assets whose value is linked to legal tender) to the National Assembly within this year. On the 20th, during the Nation

Lee Eok-yeom, Chairman of the Financial Services Commission: "Pursuing Phase 2 Digital Asset Law…Establishing a regulatory framework for stablecoins, etc."

The Financial Services Commission said it is pursuing Phase 2 digital asset legislation that includes regulation of stablecoins (virtual assets pegged to fiat currency) and the transition of exchanges to public regulation. On the 20th, at an audit by