Uk Jin

Japan's Finance Minister: "We will establish an environment suitable for virtual assets"

According to Financial Juice on the 25th (local time), Japan's Finance Minister Katsunobu Kato stated, "We will establish an environment suitable for virtual assets," and added, "Virtual assets are assets appropriate for inclusion in a diversified in

Binance Alpha, Bitlayer (BTR) Listing

Arthur Hayes: "Hyperliquid could rise by 126 times"

Arthur Hayes, co-founder of BitMEX, expressed a positive outlook on Hyperliquid (HYPE). On the 25th (local time), Hayes participated in the WebX Summit held in Tokyo, Japan, and stated, "Hyperliquid’s stablecoin expansion strategy could be the key gr

Stablecoins Surpass South Korea and Germany in US Treasury Holdings

Stablecoins, virtual assets whose value is tied to fiat currencies and use US Treasury bonds as collateral assets, have surpassed major countries in holdings of US Treasuries. According to data shared by Bitwise Asset Management on the 25th (KST), st

Ethereum Falls Below $4,700

Bitcoin gives back $113,000

Pudgy Penguins CEO: "Aiming for an IPO within 2 years"

The non-fungible token (NFT) project Pudgy Penguins has expressed its intention to go public (IPO). On the 24th (local time), Luca Netz, CEO of Pudgy Penguins, stated in an interview with the cryptocurrency-focused media outlet Decrypt, "I want to do

Vitalik: "Prediction markets could see greater demand if collateral interest issues are resolved"

There were comments suggesting that trading volume could increase if the issue of not paying interest on collateral in prediction markets is resolved. On the 24th (local time), Vitalik Buterin, co-founder of Ethereum (ETH), stated on Farcaster, "Curr

Virtual Asset Fear & Greed Index Records 47 Points…Neutral Stage Maintained

According to the virtual asset (cryptocurrency) data provider Alternative on the 25th, the Virtual Asset Fear & Greed Index dropped by 6 points from the previous day to record 47 points. As of 9:06 a.m. that day, Bitcoin (BTC) was trading at $113,445

"Bitcoin's Slow Climb Blamed on Heavier Asset Prices"

A recent analysis suggests that Bitcoin (BTC) has been climbing more slowly than other cryptocurrencies such as Ethereum (ETH) and XRP due to its high price. On the 25th (KST), Willy Woo stated on X (formerly Twitter): "The reason Bitcoin is rising s

₩870 billion in futures liquidated over the past 24 hours

With the sharp decline in major virtual assets (cryptocurrencies) such as Bitcoin (BTC), a substantial volume of futures positions were liquidated. According to CoinGlass data on the 25th (KST), a total of $628 million (approximately ₩870 billion) wo

'Delisting Today' Quiztok, Plummets 75% Intraday

The virtual asset (cryptocurrency) Quiztok (QTCON) is experiencing a steep decline during trading. As of 8:27 AM (KST) on the 25th, Quiztok is trading at 0.062₩ on the cryptocurrency exchange Bithumb, down by 76.58% compared to the previous day. At t

[Today’s Key Economic & Cryptocurrency Calendar] John Williams New York Fed President Speech and More

<Today's Key Economic Calendar> ▶Monday the 25th: △US July New Home Sales (US time 10:00, Korea time 23:00) △Korea August Consumer Confidence Index △John Williams, President of the Federal Reserve Bank of New York, Speech (US time 19:15, Korea time 8

Bitcoin surpasses $100,000… "Cryptocurrency adoption remains in its early stages"

Bitcoin (BTC) has surpassed $100,000, and even though Ethereum (ETH) has overtaken Netflix in the global asset market capitalization rankings, cryptocurrency adoption is still found to be only at an early stage. According to CoinDesk, a cryptocurrenc

Stargate DAO Approves LayerZero Acquisition Proposal

The cross-chain bridge Stargate (STG) DAO (Decentralized Autonomous Organization) has approved LayerZero's (ZRO) acquisition proposal. On the 25th (Korea time), overseas news feed channel Unfolded reported that Stargate DAO approved LayerZero’s acqui

Saylor posts Tracker Chart…Hints at additional Bitcoin purchase

While Bitcoin (BTC) is experiencing a bearish trend, attention is focused on whether Strategy (formerly MicroStrategy) will purchase more Bitcoin. On the 24th (local time), Michael Saylor, CEO of Strategy, posted on X (formerly Twitter), saying, "Bit

Japanese Bitcoin Treasury Metaplanet Added to FTSE Japan Index

Metaplanet, often referred to as the 'Japanese MicroStrategy,' has been newly added to the FTSE Japan Index. According to Cointelegraph, a media outlet specializing in virtual assets (cryptocurrencies), on the 24th (local time), Metaplanet was automa

Anonymous whale buys Ethereum after large-scale Bitcoin selloff

It has been revealed that a whale, who had been holding a large quantity of Bitcoin (BTC) for a long period, has disposed of most of their holdings. As Ethereum (ETH), the leading altcoin, and Bitcoin, the leading cryptocurrency, have shown different

Wyoming Issues Native Stablecoin 'Frontier'…"Accelerating Adoption"

The first state-issued stablecoin, the 'Frontier (FRNT) token,' has emerged from Wyoming, USA, drawing attention to whether this could lead to greater adoption of stablecoins across the United States. According to Forbes on the 24th (local time), Wyo

Bitcoin exceeds $113,000

Democratic Party to propose 'Digital Asset Innovation Act' in October…"Will push forward swiftly"

Hosted by the National Assembly Political Affairs Committee 'National Assembly Forum for the Enactment of the Digital Asset Innovation Act' "Bill to be proposed in October…Swift Progress Promised" Industry voices: "Systematic legislation is necessary

"Digital Asset Law, Incomplete... Systematic Legislation Needed"

Attorney Kang Hyun-gu of Bae, Kim & Lee LLC stated, "The legal system is not keeping up with the rapid development of the digital asset industry. The current Digital Asset Basic Act in force is very incomplete legislation, a remnant of the Terra-Luna

PwC Consulting: "The government must demonstrate the utility of KRW stablecoins through various use cases"

It was suggested that proof-of-use led by the government is necessary for the successful adoption of KRW stablecoins (virtual assets linked to the value of legal tender). Jeon Woo-young, a partner at PwC Consulting, attended the 'National Assembly Fo

Strike, Fading into History... Ultimately Delisted from Upbit and Bithumb

The cryptocurrency Strike (STRIKE) is expected to virtually disappear from the market. Delisting from Upbit and Bithumb—where most of Strike's trading volume took place—is imminent. At 2:55 p.m. KST on the 21st, Strike was trading at ₩94.1 on Upbit,

OKB Surges 50% Alone Amidst Market Slump… Up Sharply from Previous Day

The utility token OKB of the global cryptocurrency exchange OKX has recently experienced a surge. While other major cryptocurrencies are undergoing corrections, OKB is drawing market attention by continuing its strong upward trajectory alone. As of 1

Bank of Korea Governor Lee Chang-yong: "For stablecoins, it should be bank-centered to prevent side effects"

Bank of Korea Governor Lee Chang-yong stated that it is "preferable for Korean won stablecoins to proceed centering on banks first, then to gradually expand." According to industry sources on the 19th (Korea time), Governor Lee participated in the pl

[Today's Trending Global Coins] Bitcoin, Binance Coin, Pik and More

According to the Token Mindshare indicator by the AI-based Web3 search platform Kaito, which quantifies the influence of specific tokens in the cryptocurrency market (top gainer), the top 5 keywords that people are showing the most interest in as of

Stagnant Virtual Asset Market...All Eyes on Powell’s Remarks

Most virtual assets (cryptocurrencies), including Bitcoin (BTC), have entered a correction phase as the market turns its attention to the Jackson Hole speech by the Fed to be held on the 22nd. According to Forbes on the 19th (KST), Ryan Lavaglia, a p

Bitcoin, Returns $115,000

Ethereum Spot ETF Sees Net Outflow of $196.3 Million

The Ethereum (ETH) spot exchange-traded fund (ETF) recorded a significant net outflow. According to TraderT on the 18th (local time), the Ethereum spot ETF saw a total net outflow of $196.3 million on this day. BlackRock ETHA registered the largest n