Uk Jin

Ripple completes acquisition of Hidden Road... launches unified 'Ripple Prime'

Global remittance project Ripple said on the 28th that it has acquired prime broker Hidden Road and officially launched as 'Ripple Prime.' In an official blog post, Ripple said, "The Hidden Road acquisition process has been completed," and "Ripple Pr

'Whale with 100% win rate' adds 41.68 Bitcoin long positions

In the Bitcoin (BTC) futures market, a whale that has successfully completed all options trades to date added Bitcoin bullish bets (long positions). On the 28th (Korea time), according to on-chain analyst ai_9684xtpa, that day the whale added 41.68 B

"Applying foreign exchange regulations to stablecoins"…First bill introduced in the National Assembly

A bill to include stablecoins (virtual assets pegged to fiat currencies) as 'means of payment' under the Foreign Exchange Transactions Act is being introduced. It is a legislative measure to block illegal foreign exchange transactions and tax evasion

Virtual asset Fear and Greed Index records 50 points… remains in neutral phase

On the 28th, according to virtual asset (cryptocurrency) data provider Alternative, the virtual asset Fear and Greed Index recorded 50 points, down 1 point from the previous day. As of 9 a.m. that day, Bitcoin (BTC) was trading at $114,061 on CoinMar

'Ethereum hoarder' ETHZilla sells $40 million worth of Ethereum to fund share buybacks

The cryptocurrency hoarder ETHZilla sold Ethereum (ETH) it held to raise funds for share buybacks. On the 28th (Korean time), according to CoinCu, ETHZilla, with board approval, sold $40 million worth of Ethereum to raise funds for share buybacks. ET

[Analysis] "Bitcoin, has it reached a peak... Exchange usage indicators weak"

Bitcoin (BTC) may have reached a cycle peak. On the 28th (Korean time), CryptoQuant contributor PelinayPA said in a report, "the Fund Flow Raito indicator is approaching historical low levels." The Fund Flow Ratio indicator is the metric that divides

Bitcoin, returns $114,000

[Today's major economic·cryptocurrency schedule] South Korea Q3 GDP etc.

<Today's major economic schedule> ▶︎28th (Tue) : △South Korea Q3 GDP (Korea time 08:00), △U.S. CB Consumer Confidence Index (Korea time 23:00, U.S. time 10:00) <Today's major cryptocurrency schedule> ▶︎28th (Tue): △Gnosis(GNO) proposal GIP-140 govern

"Now a securities+crypto stock"…Robinhood up 254% this year [Hot Pick! Overseas Stocks]

From meme stock to mainstream financial stock Expectations for tokenized securities and stablecoin business 'Money Tree Sister' Cathie Wood also bought Once the 'one-pick' for U.S. retail investors, U.S. stock trading app company Robinhood's share pr

U.S. Senator "Virtual asset bill hard to pass if shutdown drags on… February next year is the 'last chance'"

With the recent federal government shutdown (temporary work stoppage) halting most administrative functions, problems are arising for virtual asset (cryptocurrency) bills referred to Congress. On the 28th (Korea time), according to crypto outlet Coin

Bitwise Solana ETF to Launch on NYSE Tomorrow

It appears that the launch of altcoin exchange-traded funds (ETFs), including Solana (SOL), is accelerating. On the 27th (local time), The Block reported that Bitwise said via X (formerly Twitter), "The Bitwise Solana Staking ETF 'BSOL' will list on

U.S. lawmaker to introduce bill banning virtual asset trading by the president and members of Congress

A law to block political figures in the United States from trading virtual assets (cryptocurrencies) is set to be introduced. On the 28th (Korean time), according to the crypto-focused media BeInCrypto, Democratic Representative Ro Khanna appeared on

MegaETH ICO sold out in 5 minutes… 520 billion won raised

Ethereum (ETH) layer-2 network MegaETH drew significant attention in its initial coin offering (ICO). According to crypto asset (cryptocurrency) outlet Coinspeaker on the 28th (Korea time), MegaETH began selling 500,000,000 MEGA tokens, which are 5%

VanEck submits amendment to Solana spot ETF… fee remains at 0.3%

"Bitcoin breaks above the 50-day moving average… whether the uptrend will continue is uncertain"

Bitcoin (BTC) recorded gains that day and was reported to have broken above the 50-day moving average (SMA). However, some indicators have detected sell signals, so it is difficult to say decisively that a bull market has arrived. On the 27th (Korean

Sharplink Gaming buys about $80 million worth of Ethereum

Sharplink Gaming, a U.S. Nasdaq-listed company that added Ethereum (ETH) as a financial asset, purchased a large amount of additional Ethereum. On the 27th (KST), OnChainLens said on X (formerly Twitter), "Sharplink Gaming purchased an additional 19,

"Bitcoin could surge due to decrease in banks' cash holdings"

Bitcoin (BTC) is expected to be able to achieve a large rise. A major factor is the reduction in cash holdings at the U.S. central bank, the Federal Reserve (Fed). On the 27th (Korea time), according to cryptocurrency specialist CoinDesk, Koveysi Let

Japan's Quantum Solutions buys additional 500 Ethereum

Japanese listed artificial intelligence (AI) company Quantum Solutions was revealed to have additionally accumulated Ethereum (ETH). On the 27th (Korean time), according to Strategic Ethereum Reserve X (formerly Twitter), Quantum Solutions bought an

KOSDAQ-listed company 'BitPlanet' accumulates 92 bitcoins

KOSDAQ-listed BitPlanet has begun purchasing Bitcoin (BTC). On the 27th (Korean time), Decrypt reported that BitPlanet said it holds 92.67 bitcoins. BitPlanet is a company that changed its business direction to a Bitcoin financial company after KOSDA

Japan launches world's first yen-pegged stablecoin 'JPYC'

The world's first yen-pegged stablecoin will be launched in Japan. According to Reuters on the 27th (Korean time), Japanese startup JPYC plans to issue the stablecoin on that day, fully backed by domestic deposits and Japanese government bonds (JGB).

Zcash, upward trend continues… surges 31% again on the day

The privacy-themed virtual asset (cryptocurrency) Zcash (ZEC) is continuing its upward trend. As of 10:27 AM KST on the 27th, Zcash, according to CoinMarketCap, is trading at 362.65 dollars, up 31.58% from the previous day. This is a 546.48% surge co

Alibaba affiliate 'Ant Group' files trademark application for 'AntCoin' in Hong Kong

Attention is focused on whether China's fintech giant 'Ant Group' will enter the virtual asset (cryptocurrency) business. On the 27th (Korean time), according to the Hong Kong Economic Journal, Ant Group registered trademarks in Hong Kong related to

[Analysis] "Bitcoin rebounds after 3,190,000,000 dollars short position liquidations"

On the day, the leading cryptocurrency Bitcoin (BTC) is surging. Analysis suggests the uptrend steepened as large short position (bear bets) liquidations occurred. As of 10:02 a.m. on the 27th (Korea time), Bitcoin is trading at 114,844 dollars, up 2

Western Union launches stablecoin remittance trial

Global remittance company Western Union is piloting a stablecoin-based payment system. The move aims to improve remittance efficiency and reduce reliance on traditional banking networks. On the 27th (Korean time), Cointelegraph reported that Devin Mc

Stablecoins gain prominence as a remittance tool in the Gulf region

Stablecoins (virtual assets whose value is linked to fiat currencies) are becoming a practical financial infrastructure. On the 27th (Korean time), Forbes reported that many migrant workers in the Gulf region are adopting stablecoins as a means of re

Virtual asset Fear and Greed Index records 51 points…enters neutral stage

On the 21st, according to cryptocurrency data provider Alternative, the virtual asset (cryptocurrency) Fear and Greed Index rose 11 points from the previous day to 51. As of 9:00 AM that day, Bitcoin (BTC) was trading at $114,740 on CoinMarketCap, up

XRP reclaims 4th in market cap…up 2.10% from previous day

XRP(XRP) rose intraday, moving up to 4th place in market capitalization rankings of the virtual asset (cryptocurrency) market. As of 8:44 AM on the 27th (Korean time), XRP is trading at $2.65, up 2.1% from the previous day according to CoinMarketCap.

[Market] Signs of easing U.S.-China tensions restart 'Up+October'…Bitcoin intraday gains

Bitcoin (BTC) is showing gains on the day amid hopes of easing trade tensions between the United States and China. This has increased the positive outlook for achieving 'Up+October'. As of 8:24 AM KST on the 27th, Bitcoin is trading at $114,556, up 2

"Bitcoin: Price hard to predict with 'Stock-to-Flow' model… Demand is much larger"

An analysis has come out saying investors should be cautious about the 'Stock-to-Flow (S2F)' model, a representative indicator used to predict Bitcoin (BTC) prices. On the 27th (Korean time), André Dragosch, head of European research at Bitwise, poin

[Today's Major Economic & Cryptocurrency Schedule] US New Home Sales, Etc.

<Today's Major Economic Schedule> ▶︎27th (Mon) : △US New Home Sales (Korea time 23:00, US time 10:00) <Today's Major Cryptocurrency Schedule> ▶︎27th (Mon): △Vultisig (VULT) launch, △Cardano (ADA) Q&A, △Safe (SAFE) API migration, △ArcBlock partnership