Uk Jin

"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

U.S. Bitcoin spot ETFs, $58.5 million net inflow

Bitcoin (BTC) spot exchange-traded funds (ETFs) maintained a net inflow trend. On the 2nd (local time), according to Paside Investor, a total of $58.5 million flowed into 11 Bitcoin spot ETFs. BlackRock IBIT succeeded in turning to net inflows with $

UK enacts bill stating 'digital assets are property'

The UK has enacted a bill that defines virtual assets (cryptocurrencies) and stablecoins (virtual assets whose value is pegged to fiat currency) as property. This is expected to provide a clear legal basis for ownership and recovery procedures for di

LD Capital founder "Virtual assets' 60-day bearish phase may end"

There is a prospect that virtual assets (cryptocurrencies) could emerge from a long correction. On the 3rd (Korean time), Jack Lee, founder of LD Capital, said on X (formerly Twitter), "Bitcoin (BTC) reached $93,000," adding, "the virtual asset marke

STABLE reveals tokenomics ahead of mainnet launch

STABLE, a layer-1 blockchain specialized in stablecoins (crypto assets pegged to fiat currency), has revealed the tokenomics of its native token. On the 3rd (KST), according to crypto-focused outlet The Block, STABLE published basic information about

"Gold Still Ahead of Bitcoin"

Institutional investors still prefer gold to Bitcoin (BTC), according to some opinions. On the 29th (Korean time), Mark Connors, founder of RiskDimensions, said, "Bitcoin is still too young," and added, "Major demand groups such as central banks and

"Virtual asset-holding companies could transfer insider trading to traditional finance"

Recently, centered on the U.S. stock market, digital asset treasury (DAT) companies that incorporate virtual assets (cryptocurrencies) into corporate financial assets are increasing, and a warning has emerged that this phenomenon could pose an inside

Trump "Consider Venezuelan airspace to be fully closed"

On the 29th (Korea time), U.S. President Donald Trump said on Truth Social, "To all airlines, pilots, drug traffickers, human traffickers: be advised. Consider Venezuelan airspace and surrounding airspace to be fully closed."

'Rich Dad' Who Sold Bitcoin, This Time "Buy Bitcoin and Ethereum"

Robert Kiyosaki, author of 'Rich Dad, Poor Dad', who faced backlash from the community for selling Bitcoin (BTC), once again recommended buying Bitcoin to his followers. On the 29th (Korean time), Kiyosaki said on X (formerly Twitter) that "the yen c

Solana memecoins' worst slump…share on decentralized exchanges falls below 10%

Memecoin trading in the Solana (SOL) ecosystem has fallen to its lowest level in two years. On the 29th (Korean time), BeInCrypto, citing Blockworks data, reported that the share of memecoins on Solana-based decentralized exchanges (DEX) recently fel

[Analysis] "Bitcoin shows short-term bottom signal… could rebound to USD 100,000~110,000"

Bitcoin (BTC) is forming a short-term bottom after its recent sharp decline. On the 29th (Korean time), Cointelegraph reported that trader 'Mister Crypto (Mister Crypto)' said "On the weekly chart, the Relative Strength Index (RSI) is approaching the

Kazakhstan emerging as a virtual asset powerhouse...? "Considering up to $300 million investment"

The National Bank of Kazakhstan said it is considering purchases of virtual assets (cryptocurrencies) totaling up to $300 million. According to Cryptopolitan on the 29th (local time), Timur Suleimenov, governor of the National Bank of Kazakhstan (NBK

Russia Pounds Ukraine's Capital…Large-Scale Bombing Just Before Ceasefire Delegation's U.S. Visit

Ukraine: "3 Killed by Russian Attack" Russia, before Ukrainian ceasefire delegation's U.S. visit Large-scale bombing causes power supply disruptions Russia carried out a large-scale bombing of Ukraine's capital Kyiv. The attack, which came ahead of t

China's Bitcoin mining share rebounds after four years… surplus power and excess data center infrastructure influence

Bitcoin (BTC) mining activity in China is expanding again for the first time in four years since the 2021 nationwide crackdown. On the 29th (local time), Cointelegraph reported that China's share of global Bitcoin hashrate had recovered to about 14%

Virtual asset investment scam worth $4 million uncovered in Florida

It was revealed that a virtual asset (cryptocurrency) investment scam worth $317,000 (about $430,000,000) occurred in the U.S. state of Florida. According to Cryptopolitan on the 29th (Korean time), the perpetrator using the alias 'Astreet Olove' dec

DSRV "Claims that KRW stablecoin price instability are completely untrue"

DSRV, a domestic validator company, directly rebutted the Capital Market Research Institute's claim that KRW stablecoins (virtual assets pegged to fiat currency) are structurally unstable, calling it "a misreading of historical cases and overseas reg

OKX discloses held virtual assets…130,000 Bitcoins, etc.

Virtual asset (cryptocurrency) exchange OKX disclosed its holdings of virtual assets (cryptocurrencies) as of November. According to the 37th Proof of Reserves notice released by OKX on the 29th (KST), as of November OKX holds 130,000 Bitcoins, an in

Bitcoin OG whale opens 5x short position on Ethereum

A whale investor known as an early investor in Bitcoin (BTC) forecast a bearish outlook for Ethereum (ETH). On the 29th (Korean time), on-chain analyst Lookonchain announced on X (formerly Twitter) that "Bitcoin OG opened a 5x short position on Ether

Arthur Hayes "Monad could crash 99%... high-risk VC coin"

BitMEX founder Arthur Hayes expressed a negative view of Monad (MON), which recently launched its mainnet. On the 29th (Korean time), according to crypto outlet Cointelegraph, Hayes warned in an Altcoin Daily interview that "Monad is a typical ventur

People's Bank of China: "Virtual asset speculation is illegal... stablecoins also highly likely to be misused"

China, which is applying strict regulations to virtual assets (cryptocurrencies), appears to be poised to step up crackdowns on its citizens. On the 29th (Korean time), according to BlockBeats, the People's Bank of China held a "Virtual Asset Trading

New York-listed Kango buys an additional 129.1 Bitcoin

A Chinese Bitcoin (BTC) mining company, Kango, listed on the New York stock exchange, made an additional purchase. On the 29th (KST), according to Bitcoin Treasuries, Kango bought an additional 129.1 Bitcoin. As a result, Kango's total Bitcoin holdin

WEMIX lands on Thailand's largest exchange… jumps 12% from the previous day

Wemade's blockchain project WEMIX is surging intraday. As of 3:40 p.m. on the 29th (Korean time), WEMIX was trading at 0.5093 dollars, up 11.88% from the previous day, according to CoinMarketCap. This is attributed to liquidity flowing in after being