Uk Jin

Analysis: Bitcoin’s $65,300 Break Is the Key Level to Watch

Bitcoin is facing a key resistance level at $65,300. Digital-asset analyst Killa wrote on X, formerly known as Twitter, on August 9 that Bitcoin is running into resistance at $65,300, its current weekly high. If it decisively reclaims that level, the

Won-Dollar Volatility Hits Highest Since Financial Crisis, Swinging From Near 1,560 to 1,300s

Exchange rate jumped 90.4 won in March, then plunged 125.4 won in July Daily swings are the biggest since 2009 Volatility in the won-dollar exchange rate has surged this year to its highest level since the global financial crisis 16 years ago. The ra

Bitcoin Network Hits One-Year High as 2.27 Million New Wallets Are Created

Bitcoin network activity has surged, according to on-chain analytics platform Santiment. In a post on X on August 9, Santiment said Bitcoin logged a week of strong on-chain activity, with 2.27 million new wallets created over the past seven days. Tha

BTCPay Restricts Remote Lightning Access After Hack

Bitcoin payment platform BTCPay is restricting remote access after a hacking incident. Cointelegraph reported on August 9 that BTCPay said its Lightning Network had been hacked and that it would temporarily limit external remote access to Lightning n

Brazil Tightens Rules on Overseas Digital-Asset Transfers With 24-Hour Holds

Brazil will introduce rules allowing exchanges to hold certain overseas digital-asset transfers for up to 24 hours as part of efforts to prevent financial fraud. CoinDesk reported on August 9 that Brazil’s central bank, in Resolution BCB No. 584/2026

Hardware Wallet Sales Surge in Russia Ahead of New Digital-Asset Rules

Digital-asset hardware wallets are surging in popularity in Russia ahead of the rollout of new regulations. CoinDesk reported on August 9 that second-quarter hardware wallet sales at Russian electronics retailer M.Video rose 10.7% from the previous q

Bitwise CIO Says Trillions Could Flow Into Bitcoin, Lifting Price to $1.3 Million by 2035

Bitcoin could climb to $1.3 million over the long term, Bitwise said. Matt Hougan, the asset manager's chief investment officer, said in an interview that institutional investors will pour trillions of dollars into the Bitcoin market over the next de

Ethereum, Solana Need Demand Growth, Not Just Supply Cuts, for Price Momentum

Ethereum and Solana are pursuing measures to reduce new token issuance, but lower supply alone is unlikely to lift prices, according to a report. Lucas Cheyan, a vice president at Galaxy Research, wrote in a recent report that while both Ethereum and

Crypto Card Payments Near $760 Million in July

The market for cards tied to digital assets is growing steadily. a16z Crypto, the digital-asset unit of venture capital firm Andreessen Horowitz, wrote on X on August 9 that digital-asset payment cards have grown from a niche product into a sizable m

Digital Assets Are 2026’s Worst-Performing Major Assets, With Bitcoin Down 35%

Digital assets have posted the weakest returns among major investment assets in 2026. Cointelegraph wrote on X, formerly known as Twitter, on August 9 that digital assets have been the worst performers this year compared with gold, silver, the Nasdaq

Dormant Ethereum ICO Whale Tests Coinbase Transfer After 11 Years

An early Ethereum investor who had been inactive for years has resumed activity. Lookonchain wrote on Aug. 9 that an Ethereum initial coin offering participant ended an 11-year dormancy by depositing 0.1 Ether into Coinbase. The investor spent $620 d

Analysis: Ethereum Flashes Bullish Signal, Could Surge to $3,000

Ethereum could be gearing up for a rally toward $3,000, digital-asset analyst Ali Martinez said. Martinez wrote on X on August 9 that Ethereum's monthly chart flashed bullish signals last month, including TD Sequential's Black 9 and S13. TD Sequentia

White House Digital Asset Adviser Says Sept. 15 Is Deadline for CLARITY Act

The head of the White House Digital Asset Advisory Council criticized Democrats for blocking a procedural vote on the CLARITY Act. Patrick Witt, executive director of the White House Digital Asset Advisory Council, wrote on X on Aug. 9 that Congress

Crypto Fear and Greed Index Rises to 31, Remains in Fear Zone

The Crypto Fear and Greed Index, a gauge of investor sentiment in the digital-asset market, remained in the fear zone. According to Alternative on August 9, the index rose 1 point from a day earlier to 31. As of 9:15 a.m., Bitcoin was trading at $64,

Grayscale Says Clarity Act Unlikely to Pass in 2026

The Clarity Act, one of the digital-asset industry's most closely watched bills, was not brought to a vote in August, fueling doubts about its chances of passing this year. In an Aug. 8 report, Jack Pandl, Grayscale's head of research, wrote that whi

Nansen CEO Says Bitcoin Won’t Drop Below $60,000 Again

Bitcoin will not fall below $60,000 again, Nansen Chief Executive Officer Alex Svanevik said. Svanevik told Cointelegraph on August 8 that he personally does not think Bitcoin will revisit levels below $60,000. Prices under $60,000 are now a thing of

T. Rowe Price Defends Dogecoin Holding in Active Crypto ETF

T. Rowe Price explained why it included Dogecoin (DOGE) in its active digital-asset exchange-traded fund. Blue Macellari, head of digital assets at T. Rowe Price, told CoinDesk on Aug. 8 that the firm wanted “genuine active management.” It would not

Digital-Asset Projects Hold Over 70% of Treasury Assets in Their Own Tokens, GSR Says

Digital-asset projects hold more than 70% of their treasury assets in self-issued tokens, highlighting the need for advance risk management ahead of market downturns, according to GSR. In a report released on Aug. 8, the market maker said more than 7

More Than $1 Billion Flows Into Ultra-Short Bond Funds as Korean Investors Seek Refuge

Ultra-short bond funds approach 50 trillion won ($35.8 billion) in assets More than 1.4745 trillion won ($1.07 billion) added over the past month Cash-parking ETFs also attract fresh inflows Products serve as a haven amid extreme volatility More than

US Digital-Asset Industry Spent More Than $225 Million on Politics, but Senate Clarity Act Vote Slips

The US digital-asset industry has poured vast sums into Washington since President Donald Trump took office. Even so, a Senate vote on the Clarity Act, the industry's top legislative priority, has yet to happen. The Financial Times reported on August

Saylor Says Strategy Raised $15 Billion With AI-Developed Financing Products

Strategy, the largest corporate holder of Bitcoin, used artificial intelligence to craft a fundraising strategy, Wu Blockchain reported. Michael Saylor, Strategy's executive chairman, said in an interview with The Diary Of A CEO on August 6 that the

USDG Market Cap Swells More Than 10-Fold in a Year, Fueled by OKX Ecosystem

The market capitalization of stablecoin USDG, a digital asset pegged to fiat currency, has grown more than tenfold over the past year. On-chain analyst EmberCN wrote on X on Aug. 8 that USDG's market capitalization had climbed to $3.5 billion from $3

Analysis: Pump.fun May Double if It Holds Current Support Through Pullback

A bullish outlook has emerged for Pump.fun, a Solana-based memecoin protocol. Digital-asset analyst Ali Martinez wrote on X on August 8 that if Pump.fun holds its current price range, the latest pullback could help it regain upward momentum. In that

Hack Targeting Bitcoin Strikes Again, This Time Through BTCPay Server

Attacks on Bitcoin-related infrastructure have been surging, and the latest breach targeted a vulnerability in BTCPay Server, a Bitcoin payment service. CoinDesk reported on August 8 that unidentified hackers exploited a security flaw in BTCPay Serve

Aztec Hacker Moves 300 ETH to Tornado Cash

The hacker behind the attack on Aztec’s private rollup bridge transferred 300 Ether to the mixing protocol Tornado Cash. Blockchain analytics account PeckShield said on Aug. 8 that 300 Ether, worth about $572,100, was moved from the attacker’s addres

Bitdeer Mines 270.5 Bitcoin This Week, Sells Entire Output

Bitdeer said in a post on X on Aug. 8 that it mined 270.5 Bitcoin this week. The Bitcoin miner sold all of the coins it mined, leaving its Bitcoin holdings at zero.

Bitcoin Nears Short-Term Holders’ Cost Basis, Raising Risk of Selling Pressure

Bitcoin may face selling pressure as its price approaches the average purchase price of short-term holders. Axel Adler Jr., a CryptoQuant contributor, wrote on X on Aug. 8 that Bitcoin’s spot price had moved closer to the average cost basis of short-

IMF Says Local-Currency Stablecoins Could Spur Adoption of Dollar Tokens

The introduction of stablecoins backed by domestic currencies could end up boosting demand for dollar-pegged stablecoins, the International Monetary Fund said. Cointelegraph reported on August 8 that IMF First Deputy Managing Director Gita Gopinath s

LINE NEXT, Eximbay Sign MOU on Global Digital Asset Payments

LINE NEXT said on Aug. 6 that it signed a memorandum of understanding with Eximbay, a cross-border payments company, to expand global digital-asset payment and payout services. The companies plan to combine their infrastructure to broaden the digital

US Charges Few and Far Founder With Securities, Wire Fraud

The founder of nonfungible token platform Few and Far has been charged by US prosecutors. The US Attorney’s Office for the Southern District of New York said Aug. 5 that it charged Few and Far founder Taj Tasha with securities fraud and wire fraud. P