Uk Jin

Saylor hints Strategy may buy more Bitcoin

The publicly listed company Strategy (formerly MicroStrategy), which holds the most Bitcoin (BTC) in the world, is suspected to be making additional purchases of Bitcoin. On the 7th (local time), Michael Saylor, Strategy's CEO, posted a 'Saylor Track

"AI agents will accelerate stablecoin adoption"

There are opinions that the introduction of stablecoins (virtual assets whose value is pegged to fiat currency) will be accelerated by artificial intelligence (AI) agents. On the 8th (Korea time), according to Forbes, Sean Stein Smith, a professor at

U.S. employment deterioration... Bitcoin back to $110,000

Crypto Now Escaping weakness as hopes for rate cuts grow Record-high gold prices also influential The leading cryptocurrency Bitcoin surpassed $110,000 again earlier this month. Attention is focused on whether it can overcome the so-called 'September

Bitcoin exceeds 111,000 dollars

Egyptian fintech 'Munify' raises $3 million in seed funding

Egypt-based blockchain fintech firm Munify said on the 7th that it had raised $3 million (about KRW 4 billion) in seed funding. The funding round was led by Y Combinator, with investors including Digital Currency Group (DCG). Munify provides services

Paxos set to launch Hyperliquid-dedicated stablecoin… will buy back tokens with profits

Stablecoin (a virtual asset whose value is pegged to fiat currency) infrastructure firm Paxos has reportedly proposed issuing a Hyperliquid ecosystem–exclusive stablecoin called 'USDH'. On the 7th (Korean time), crypto-focused outlet Cointelegraph re

[Weekly Major Economic & Cryptocurrency Schedule] US August Producer Price Index (PPI) etc.

<Next week's major economic schedule> ▶8th (Mon) : △Japan Q2 Gross Domestic Product (GDP), △August New York Federal Reserve expected inflation ▶9th (Tue) : △Preliminary annual benchmark revision reflecting Q1 Employment and Wage Survey, △Eurozone fin

Changpeng Zhao "AI agents, a fast-growing field... also noteworthy is the combination with virtual assets"

It was suggested that virtual assets (cryptocurrencies) could be used as a payment method for artificial intelligence (AI). On the 7th (Korean time), Changpeng Zhao, Binance founder, said on X (formerly Twitter), "AI is a rapidly growing field," and,

[Analysis] "Stablecoin deposit volume↑…signals a bull market"

Exchange deposits of stablecoins (virtual assets whose value is linked to fiat currency), the core liquidity of the virtual asset (cryptocurrency) market, have surged. On the 7th (Korea time), CryptoQuant contributor 'XWIN Research Japan' wrote in a

[Analysis] "Exchange Ethereum holdings plunge…suggesting potential price increase"

Recent data show that major exchanges' Ethereum (ETH) holdings have plunged over the past two months. On the 7th (Korean time), CryptoQuant contributor CryptoOnChain said in a report that "they have decreased by more than 2.6 million from late June t

"Concerns over tax gaps as stablecoin payments spread…Consider issuing cash receipts"

There are views that tax issues may arise as the adoption of stablecoins (virtual assets whose value is linked to fiat currency) accelerates. On the 7th (Korean time), according to the industry, Bae Jin-su, a research fellow at the Korea Institute of

"Stablecoins Require Strict Regulation"

An opinion has emerged that strict issuance eligibility and business conduct regulations are essential for stablecoins (virtual assets whose value is linked to fiat currency). On the 7th (Korean time), according to the industry, Lee Jeong-doo, Senior

Somnia surges 55% intraday

Somnia(SOMI) is experiencing an intraday surge. As of 2:20 PM KST on the 7th, Somnia is trading at 1.06 dollars, up 55.82% from the previous day according to CoinMarketCap.

German fintech startup Tangany raises €10 million in Series A funding

Munich-based German fintech company Tangany announced on the 7th (Korean time) that it had raised €10 million (about KRW 14.7 billion) in a Series A round to expand its digital asset custody business. The round was led by Baader Bank; Elevator Ventur

[Today's Global Coins of Interest] Bitcoin·Everlyn·Solana etc.

According to Kaito, an AI-based Web3 search platform, Kaito's Token Mindshare (Token Mindshare · an index that quantifies the influence of specific tokens in the crypto asset market) top gainer shows that as of the 7th the top five crypto asset-relat

Michael Saylor, who earned $1 billion this year, enters the world's top 500 billionaires

It was revealed that the wealth of Michael Saylor, head of Strategy (formerly MicroStrategy), the largest holder of Bitcoin (BTC), increased by $1 billion (about 1.33 trillion won) this year. CEO Saylor has for the first time been listed on the 'Bloo

"Fidelity launches tokenized fund FDIT"

Fidelity, one of the world's largest asset managers, is reported to have launched an on-chain tokenized fund product. On the 7th (Korean time), The Rollup founder Aendeu said on X (formerly Twitter) "Fidelity's tokenized product FDIT (Fidelity Digita

World's largest venture capital firm a16z receives 1.42 million HYPE tokens

On the 7th (Korea time), according to MLM, a16z received 1.42 million Hyperliquid (HYPE) tokens from Anchorage Digital about 8 hours earlier. As of 11:41 a.m. that day, Hyperliquid was trading at $46.84, down 1.18% from the previous day.

World Liberty Financial surges 23% intraday…re-enters top 30 by market cap

The virtual asset (cryptocurrency) project World Liberty Financial (WLFI), supported by President Donald Trump's family, is showing intraday strength. As of 11:15 a.m. on the 7th (Korean time), World Liberty Financial is trading at 0.2240 dollars, up

Famous Bitcoin critic "Gold is superior to Bitcoin… Soon entering a bear market"

As spot gold prices broke record highs, critical opinions about the leading virtual asset (cryptocurrency) Bitcoin (BTC) have emerged. On the 7th (Korean time), according to Block News, Peter Schiff, famous as a Bitcoin skeptic, said on X (formerly T

Conflicting ETF results in the first week of September…Bitcoin net inflows, Ethereum net outflows

Spot cryptocurrency (crypto) exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH) posted contrasting results. On the 7th (Korean time), according to Farside Investors, 11 spot Bitcoin ETFs saw total net inflows of 250.3 million dollars (

Bitcoin mining difficulty reaches an all-time high

Bitcoin (BTC) mining difficulty has reached an all-time high. On the 7th (Korean time), according to crypto-focused outlet Cointelegraph, Bitcoin mining difficulty recorded 134.7 trillion as of that day, marking an all-time high. Bitcoin hashrate (th

Galaxy Digital deposits 175,000 Solana to Coinbase

Asset manager Galaxy Digital has deposited a large amount of Solana (SOL) to an exchange. On the 7th (KST), LookonChain posted on X (formerly Twitter), "Galaxy Digital deposited 175,000 Solana (about $35.65 million) to Coinbase about 8 hours ago," th

Crypto Fear & Greed Index records 44 points…enters fear zone

On the 7th, according to crypto data provider Alternative.me, the crypto Fear & Greed Index recorded 44, down 4 points from the previous day. As of 9:15 a.m. that day, Bitcoin (BTC) was trading at 110,272 dollars on CoinMarketCap, down 0.30% from the

Ruling party lawmaker Lee Kang-il files Digital Asset Innovation Act…includes regulation of overseas stablecoins and ICOs

Lee Kang-il lawmaker and the Fintech Industry Association unveil the 'Digital Asset Innovation Act' Apply a segmented authorization system to the digital asset industry "Prevent indiscriminate circulation of overseas stablecoins" "Changes to the fina

Democratic Party files bill to regulate overseas stablecoins…"Circulation allowed if Financial Services Commission requirements are met"

A bill that would restrict the domestic circulation of stablecoins (virtual assets pegged to fiat currencies) issued overseas is expected to be pursued. The plan is to establish a legal basis so that only stablecoins that meet the requirements set by

Lee Kang-il "ICOs Allowed if the Digital Asset Innovation Act Is Enforced"

It is drawing attention whether public offerings of virtual assets (cryptocurrencies) will become possible domestically. Lee Kang-il, a lawmaker of the Democratic Party of Korea, held a press briefing at the National Assembly press office on the 'Dig

Anonymous whale sells 425 Bitcoin to buy Ethereum

Bitcoin (BTC) whales' purchases of Ethereum (ETH) have continued to be spotted. On the 2nd (Korean time), LookonChain announced via X (formerly Twitter) that "a whale sold 425 Bitcoin ($46.5 million) and purchased 10,567 Ethereum."

Galaxy Digital deposited 500,000 Solana to Coinbase over the past five days

It was confirmed that the crypto asset manager Galaxy Digital deposited a large amount of Solana (SOL) to an exchange. On the 2nd (Korean time), LookonChain announced on X (formerly Twitter), "Galaxy Digital deposited 500,000 Solana to Coinbase over

Korean retail investors in U.S. stocks sell Tesla and buy 'Ethereum-holding company'

Korean retail investors in U.S. stocks (individual investors in U.S. stocks) were reported to have sold large amounts of Tesla stock and bought cryptocurrency-related stocks. According to data from the Korea Securities Depository on the 2nd (Korea ti