Uk Jin

Bitwise sets Solana staking ETF fee at 0.20%

Bitwise has set the fee for a Solana (SOL) staking exchange-traded fund (ETF) at 0.20%. On the 8th (local time), according to The Block, Bitwise specified the fee in an amended registration filing submitted that day to the U.S. Securities and Exchang

Canary Capital, Official Trump ETF, Registered with U.S. Depository Ticker

On the 9th (Korean time), according to WatcherGuru, Canary Capital's Trump Coin exchange-traded fund (ETF) was registered under the ticker name 'TRPC' with the Depository Trust & Clearing Corporation (DTCC). DTCC ticker registration is unrelated to r

Gemini starts operations in Australia…subsidiary launched

Virtual asset (cryptocurrency) exchange Gemini has established an Australian corporation, 'Gemini Intergalactic Australia (Gemini Intergalactic Australia)', and started local services. On the 9th (Korea time), Reuters reported that Gemini completed i

Farcaster begins support for BNB Chain

Decentralized social media protocol Farcaster added support for Binance Smart Chain (BNB Chain). On the 8th (local time), The Block reported that Farcaster officially announced the BNB Chain integration that day. Farcaster has been expanding beyond t

[Analysis] "Bitcoin short-term holders' unrealized gains approach $10.1 billion…higher likelihood of profit-taking"

Bitcoin (BTC) has shown strength, including recently hitting an all-time high, and the unrealized gains of short-term holders who have recently begun accumulating Bitcoin have increased significantly. Some say this could lead to profit-taking selling

U.S. labor union: 'Senate virtual-asset bill has no meaningful safeguards'

The AFL-CIO said the Senate's draft bill to regulate virtual assets (cryptocurrencies) lacks safeguards. On the 8th (Korean time), according to crypto outlet Cointelegraph, the AFL-CIO sent a letter to the Senate Banking Committee asserting that 'the

[Today's Global Coins of Interest] Binance Coin·Polymarket·Solana etc.

According to Token Mindshare, a metric that quantifies the influence of specific tokens in the virtual asset (cryptocurrency) market from the AI-based Web3 search platform Kaito, as of the 8th the top five virtual asset–related keywords people are mo

Singapore's Monetary Authority says 'no problem' over 'A7A5' Token2049 sponsorship controversy

Recently, the Monetary Authority of Singapore (MAS) said there is no problem regarding the controversy over the Russia-based stablecoin (a virtual asset pegged to fiat currency) project 'A7A5', which participated as a sponsor at Token2049 held in Sin

Ethereum spot ETF, $421.1 million net inflow

Ethereum (ETH) spot exchange-traded funds (ETFs) recorded net inflows. On the 7th (local time), according to Trader T, a total of $421.1 million in net inflows went into Ethereum spot ETFs that day. BlackRock's ETHA led the net inflows with $437.8 mi

Bitcoin spot ETF, $875.7 million net inflow

Bitcoin (BTC) spot exchange-traded fund (ETF) has seen large capital inflows. On the 7th (local time), according to TraderT, Bitcoin spot ETFs recorded a net inflow of $875.7 million that day. BlackRock IBIT recorded a net inflow of $899.5 million, a

Spot gold breaks through $4,000

Spot gold's price has broken through $4,000. According to TradingView on the 8th (Korean time), spot gold is trading at $4,005, up 0.52% from the previous day.

Domestic virtual asset market, imbalance deepens…91.2% of total trading volume by 'big investors'

An imbalance between small investors and whale investors (large investors who invest significant amounts of money) appears to be occurring in the domestic virtual asset (cryptocurrency) market. According to the 'Survey on the status of the five major

Bill Zanker, issuer of Trump's meme coin, to establish digital-asset treasury

Bill Zanker, a close aide to President Donald Trump who handled the issuance of Trump's meme coin, is reportedly planning to establish a digital-asset treasury (digital asset reserve company, hereinafter DAT). On the 8th (Korea time), Bloomberg, citi

"Grayscale Ethereum spot ETF stakes 304,000"

It appears that Grayscale has engaged in large-scale Ethereum (ETH) staking through two Ethereum (ETH) spot exchange-traded funds (ETFs) it operates. On the 8th (KST), on-chain analyst AmberCN said on X (formerly Twitter), "Grayscale staked a total o

"Bitcoin: Probability of surpassing 140,000 dollars this month nears 50%"

Bitcoin (BTC) is said to have nearly a 50% chance of breaking through 140,000 dollars within this month. On the 8th (Korean time), according to cryptoasset (cryptocurrency) news outlet Cointelegraph, economist Timothy Peterson said on his X (formerly

Galaxy Digital deposits $4 million worth of Aster tokens into Binance

On the 8th (Korean time), on-chain analyst ai_96894xtpa reported on X (formerly Twitter) that "an address believed to be Galaxy Digital deposited $3,978,000 worth of Aster (ASTER) tokens to Binance."

Crypto asset Fear & Greed Index records 60 points…remains in the Greed phase

On the 8th, according to Alternative, a provider of virtual asset (cryptocurrency) data, the crypto asset Fear & Greed Index fell 10 points from the previous day to register 60. As of 9:00 AM that day, Bitcoin (BTC) was trading on CoinMarketCap at 2.

Binance meme coin 'Binance Life' surges 240% intraday

Binance-based meme coin 'Binance Life (币安人生)' is showing extreme strength intraday. As of 8th (Korea time) 8:17 AM, Binance Life is recording 0.2865 dollars, up 242.87% from the previous day, according to CoinMarketCap. With the day's rise, Binance L

MetaMask teases "big news" tomorrow

MetaMask, an Ethereum (ETH)-based wallet infrastructure company, said on the 8th (Korean time) via X (formerly Twitter), "Ride the bull market with MetaMask tomorrow." Recently, MetaMask, ahead of the launch of its own token MASK, also announced a LI

[Today's Key Economic Events] Release of September FOMC Minutes, etc.

<Today's Key Economic Events> ▶ 8th (Wed): △Release of September FOMC minutes (local time 8th 15:00, Korean time 9th 04:00) △Speech by Alberto Musalem, President of the Federal Reserve Bank of St. Louis △Speech by Michael Barr, Federal Reserve Govern

"Hedera·Litecoin, ETF approval imminent"

An analysis suggested that approval of spot exchange-traded funds (ETFs) for Hedera (HBAR) and Litecoin (LTC) is imminent. On the 8th (Korean time), crypto-focused outlet The Block reported that asset manager Canary Capital recently submitted amended

Is Binance Coin the 'Up-tober' star? …Up 6% vs. the previous day again

Binance Coin (BNB) has been drawing investors' attention as it continues its strong run. As of 7:41 a.m. on the 8th (Korean time), Binance Coin was trading at $1,308 on Binance, up 6.61% from the previous day. This represents about a 30.59% increase

'$10 billion' whale transferred $360 million worth of Bitcoin to Hyper Unit

A large Bitcoin (BTC) whale resumed activity. On the 8th (Korean time), Arkham said on X (formerly Twitter), "The whale holding $10 billion worth of Bitcoin transferred $360 million worth of Bitcoin to Hyper Unit." This whale had, two months earlier,

"Solana surpasses $2.85 billion in annual revenue…outperforming Ethereum in its early stage"

Analysis suggests Solana (SOL) is posting performance that outpaces Ethereum (ETH)'s early growth rate. On the 8th (Korea time), according to crypto outlet Cointelegraph, 21Shares said in a report, "Solana recorded approximately $2.85 billion in reve

GraniteShares files for 3x leveraged ETFs for Bitcoin, Ethereum, XRP, Solana

On the 8th (Korean time), according to Unfolded, U.S. asset manager GraniteShares Funds submitted paperwork for 3x leveraged exchange-traded funds (ETFs) with Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and Solana (SOL) as underlying assets.

Cantor Fitzgerald chairman "Will strengthen cooperation with Tether…focus on stablecoins"

U.S. comprehensive financial firm Cantor Fitzgerald said it plans to strengthen cooperation with Tether (USDT), the giant stablecoin company. According to Bloomberg on the 8th (Korea time), Cantor Fitzgerald chairman Brandon Rutnick participated in t

SEC Chair "Pursuing 'innovation exemption' system for virtual asset companies within the year"

The U.S. Securities and Exchange Commission (SEC) is attempting to push for the institutionalization of an 'innovation exemption' system for virtual asset (cryptocurrency) companies within the year. On the 8th (Korean time), according to crypto outle

Iren to issue $875 million in convertible bonds…stock falls 5% in OTC trading

Iren (IREN)'s stock is weak in the over-the-counter market. On the 8th (KST), Iren is trading at $58.90, down 4.51% on the U.S. Nasdaq over-the-counter market. Iren, which previously operated a Bitcoin (BTC) mining business, has recently been seeking

Spot Altcoin ETFs Imminent amid SEC's Easing Stance

With the SEC's easing regulatory stance Higher possibility of altcoin ETF approval XRP and Solana are top priority "Altcoin ETFs need demand verification" Spot exchange-traded funds (ETFs) for altcoins (crypto assets other than Bitcoin) are effective

Kim Wooseok LineNext CSO "Won stablecoin, a means to enable national wealth preservation"

"Stablecoins (virtual assets pegged to fiat currencies) are core infrastructure that can enable the inflow of national wealth. Therefore, they must be launched to preserve the Korean economy." Kim Wooseok, LineNext Chief Strategy Officer (CSO), made