Uk Jin

XRP, liquidation pressure persists despite ETF inflows…"$2.20 support is important"

Despite strong performance of spot exchange-traded funds (ETFs) for XRP(XRP) in the U.S. market, clear bullish momentum has not been created. Analysts say the $2.20 level is a key support. On the 26th (Korea time), according to cryptoasset (cryptocur

Robinhood backs prediction markets, considers establishing new derivatives exchange

Robinhood plans to launch a new futures and derivatives exchange in a joint venture with Susquehanna International Group (SIG) to expand its prediction market business. The new exchange is scheduled to begin operations in 2026. According to The Block

Binance: "Cooperation between exchanges and law enforcement agencies is essential to prevent crimes abusing virtual assets"

The world's largest virtual asset (cryptocurrency) exchange Binance emphasized, citing examples of tracking crimes related to virtual assets, that cooperation between law enforcement agencies and exchanges is necessary to respond to crimes that abuse

CYSIC supports zero-knowledge proof technology for AI network 'NOYA'

Zero-knowledge proof (ZK) infrastructure provider CYSIC said on the 24th that it has begun supporting zero-knowledge proof technology for the AI network NOYA. CYSIC has been providing a full-stack computing network capable of generating zero-knowledg

"Trump administration preparing alternative tariff policy in anticipation of court action" - Bloomberg

President Donald Trump's administration is reportedly preparing alternative measures in case the Supreme Court limits its authority to impose tariffs. The administration is said to be considering imposing alternative tariffs immediately if existing t

Whale closes leveraged position of 700 Bitcoins… $21,680,000 loss

Recently, Bitcoin (BTC) plunged, and a whale investor reportedly suffered a major loss. On the 22nd (Korean time), Amber CN reported via X (formerly Twitter), "A whale recently closed out all 700 Bitcoins borrowed through a lending platform." The wha

[Analysis] "Bitcoin short-term weakness… Weekly close recovery to $85,000 is key"

Bitcoin (BTC) has continued a short-term bearish trend over the past week, making lower highs, and an analysis said that finding a clear bottom signal is important. On the 22nd (Korean time), crypto asset (cryptocurrency) analyst Dan Crypto said on X

Can altcoins rebound thanks to ETFs…A comparison with Bitcoin and Ethereum

As the cryptocurrency market is broadly weak and expectations for an altseason are fading, attention is focused on whether these altcoins can lead a reversal on the back of exchange-traded funds (ETFs). On the 22nd (Korean time), XRP, ranked 4th in c

Grayscale to list Dogecoin ETF next week

Digital asset (cryptocurrency) asset manager Grayscale will list a Dogecoin (DGOE) spot exchange-traded fund (ETF) on the 24th. On the 22nd (Korean time), according to crypto-focused outlet CoinPaper, NYSE Arca said in a letter it approved the listin

Hong Kong man sentenced to 7 years in prison in Canada for conspiring to rob virtual assets

A Hong Kong national was sentenced to 7 years in prison for participating in a virtual asset robbery that took place in British Columbia (B.C.), Canada. On the 22nd (Korean time), according to Cryptopolitan, Judge Robin McQuillan of the Port Coquitla

VanEck CEO: "Will withdraw investment entirely if Bitcoin's fundamental logic collapses"

Amid recent debates in the Bitcoin(BTC) community over quantum computers and privacy issues, VanEck, one of the asset managers that operates a spot exchange-traded fund(ETF), said it would withdraw its investment if the fundamental logic of Bitcoin's

Eterna (ENA) earns $600 million in fee revenue since 2023 launch

On the 22nd (Korea time), according to Wu Blockchain, the stablecoin (a virtual asset pegged to fiat currency) project Eterna (ENA) has earned fee revenue totaling $600 million since its 2023 launch. In the third quarter of this year, it recorded $15

Coinbase premium negative for 3 consecutive weeks…"Crypto assets need U.S. institutions to regain trust"

The 'Coinbase premium (the price difference between Coinbase and Binance)', an indicator that can gauge demand for crypto assets (cryptocurrencies) in the United States, was still shown to remain negative. According to CryptoQuant data on the 22nd (K

"Altcoin season needs a new perspective beyond existing cycle analysis"

The possibility of the arrival of an altcoin season (a market in which altcoins rise), which had raised investors' expectations, has been decreasing due to the recent bear market, and a claim has been made that analyses of the alt season should be vi

El Salvador buys 1098 Bitcoins amid bear market

El Salvador, the South American country that incorporated Bitcoin (BTC) as a national official asset, has reportedly carried out a large-scale Bitcoin purchase recently. On the 22nd (Korean time), according to the El Salvador Bitcoin Office website,

This Is the Reason Bitcoin Treasury Companies Are Surging in Japan

In Japan, companies adopting a 'digital asset treasury' business model have recently surged. Analysts say Japan's tax structure is encouraging companies to purchase digital assets. On the 22nd (Korean time), virtual asset (cryptocurrency) specialist

AAVE founder "ETHLend to be re-released next year"

The decentralized lending protocol Aave (AAVE) is planning to relaunch 'ETHLend' next year. ETHLend was Aave's predecessor, a P2P lending project. On the 22nd (KST), Stani Kulechov, founder of Aave, said on X (formerly Twitter), "I promise to relaunc

Tether holds $12.9 billion in gold… doubled since the start of the year

The world's largest stablecoin (a virtual asset pegged to fiat currency), Tether (USDT), disclosed that it holds a large amount of gold. On the 22nd (Korean time), according to Cointelegraph X (formerly Twitter), Tether reported in its Q3 report that

Ki Young Ju "Bitcoin has entered the profit-taking phase…macroeconomic liquidity is the variable"

Claims have emerged that Bitcoin (BTC) has entered a bear market. On the 22nd (Korean time), Ki Young Ju, CEO of CryptoQuant, said on X (formerly Twitter), "Bitcoin is currently in the profit-taking phase," and added, "According to previous cycle the

[Analysis] "Bitcoin's sharp decline is within a typical correction range…May rise after forming support"

Recently, the leading crypto asset Bitcoin has been experiencing weakness, but analysis says this correction is a typical pattern that repeats within the cycle. Short-term unease has widened, but it is difficult to say the structural trend has been i

Bitwise CEO "Buy virtual assets when cheap"

The virtual assets (cryptocurrencies) market has recently been broadly weak. However, there are also views that this should be seen as a buying opportunity. On the 22nd (Korean time), Hunter Horsley, Bitwise CEO, said on X (formerly Twitter), "There

[Market] Opinions split between 'doves vs. hawks' within the Fed over a rate cut in December… Bitcoin drifts around the $84,000 level

There is a sharp split of opinions within the Federal Reserve (Fed) over a potential rate cut in December. Bitcoin (BTC) investors appear to be taking a breather. On the 21st (KST), according to Walter Bloomberg, Lorie Logan, president of the Federal

Fed Governor Myron "If I were the casting vote, I'd vote for a 25bp cut"

U.S. SEC approves 'Bitwise 10 Crypto Index ETF'

The U.S. Securities and Exchange Commission (SEC) has allowed the listing of the 'Bitwise 10 Crypto Index exchange-traded fund (ETF)'. On the 21st (local time), according to its official website, the SEC amended New York Stock Exchange Arca (NYSE Arc

U.S. Fed's Collins "September employment data mixed… inflation still high"

[Market Update] December rate cut probability nears 70%…Bitcoin recovers to 84,000 dollars

The virtual asset (cryptocurrency) market is showing a short-term rebound. It is analyzed that investor sentiment has recovered as the possibility of a rate cut by the Federal Reserve (the Fed) in December has risen sharply. As of 10:13 PM on the 21s

Coinbase seeks to acquire Solana-based trading platform Vector.fun

U.S. digital asset (cryptocurrency) exchange Coinbase is said to plan to acquire Solana (SOL)-based trading platform Vector.fun. According to Fortune on the 21st (Korean time), Max Branzberg, Coinbase's vice president (VP) of product management, said

Williams, Fed official "Still room to cut rates"

John Williams, president of the Federal Reserve Bank of New York, said there is room for a short-term cut in the policy rate. According to Investing.com on the 21st (Korea time), Williams said at a Central Bank of Chile event, "Current monetary polic

Bitcoin falls below $81,000

Strategy transfers 1279 bitcoins to an external address

Strategy (formerly MicroStrategy), the largest publicly listed bitcoin (BTC) holder, transferred bitcoins to an external address. On the 21st (Korean time), according to Arkham Intelligence, about 25 minutes ago Strategy transferred 1279 bitcoins to