Uk Jin

Ethereum Spot ETF, $65.8 Million Net Inflow

The Ethereum (ETH) spot exchange-traded fund (ETF) continued its trend of net inflows. According to Trader T on the 28th (local time), the Ethereum spot ETF recorded a net inflow of $65.8 million for the day. BlackRock ETHA saw a net inflow of $132.6

Bitcoin Spot ETF Sees Net Inflow of $157 Million

The Bitcoin (BTC) spot Exchange-Traded Fund (ETF) has recorded a net inflow. On the 28th (local time), according to Trader T, the Bitcoin spot ETF saw a net inflow of $157 million that day. BlackRock IBIT led the inflow with $147.4 million, followed

Fed's Unofficial Spokesperson Timiraos: "Not Ready for a Rate Cut This Week... Divisions Within Fed"

Nick Timiraos of The Wall Street Journal, known as the 'unofficial spokesperson' for the Fed, forecasted that there would not be a rate cut this week. On the 29th (Korean time), Timiraos said on X (formerly known as Twitter), "Fed officials ultimatel

FIS forms partnership with Circle… Offers stablecoin payments to banks

According to Bloomberg on the 29th, American financial IT company FIS (Fidelity National Information Services) announced that it is collaborating with stablecoin (a virtual asset pegged to fiat currency) issuer Circle to help banks provide USDC-based

135 Bitcoins Move from Whale Wallet Dormant for 14.5 Years: Is This a Sell Signal?

Asset movement has been detected from the wallet of an early miner (“ancient whale”) who held Bitcoin (BTC) for over 14 years. On the 29th (KST), on-chain analyst ai_9684xtpa reported via X (formerly Twitter), "About 9 hours ago, 135 Bitcoins were mo

Coinbase Nears Final Stage of Acquisition Talks for Indian Exchange CoinDCX

Coinbase, an American cryptocurrency exchange, is making moves to enter the Indian market. On the 29th (KST), AggrNews reported, "Coinbase is in negotiations to acquire India's CoinDCX." Previously, on the 18th, CoinDCX suffered a hacking incident wi

Crypto Fear & Greed Index records 73 points… Remains in greed phase

According to Alternative.me on the 29th (Korea time), the Crypto Fear & Greed Index recorded 73 points, down 2 points from the previous day. As of 9:01 AM, Bitcoin (BTC) is trading at $118,009, down 1.19% from the previous day. Altcoins also showed a

U.S. SEC Delays Decision on Truth Social Bitcoin, Grayscale Solana ETF

The U.S. Securities and Exchange Commission (SEC) has postponed its decision to approve the Truth Social Bitcoin (BTC) Exchange-Traded Fund (ETF) and the conversion of the Grayscale Solana (SOL) Trust into an ETF. According to Decrypt, a digital asse

CryptoPunks Weekly Trading Volume Surpasses $24.6 Million...Largest Since March 2024

The non-fungible token (NFT) market appears to be back in the spotlight. On the 28th (local time), The Block, a crypto-focused media outlet, reported that the weekly trading volume of the flagship blue-chip NFT CryptoPunks reached $24.6 million (abou

[Today's Key Economic and Cryptocurrency Schedules] U.S. Department of Labor June Job Openings and Labor Turnover Survey (JOLTS), etc.

<Today's Key Economic Schedules> ▶29th (Tue): △US 2-year Treasury auction (12:00 US time, 1:00 KR time) △US 5-year Treasury auction (12:00 US time, 1:00 KR time) △US June Goods Trade Balance (8:30 US time, 21:30 KR time) △US Department of Labor June

Bank of Korea launches 'Virtual Asset Team' in response to stablecoin legislation

The Bank of Korea has established a 'Virtual Asset Team' under the Financial Settlement Bureau to discuss legislation for won-based stablecoins (virtual assets linked to the value of fiat currency). According to industry sources on the 29th (KST), th

Coinbase Adds BioProtocol (BIO) and Euler (EUL) to Listing Roadmap

On the 28th (local time), the US cryptocurrency exchange Coinbase announced on X (formerly Twitter) that it is adding BioProtocol (BIO) and Euler (EUL) to its listing roadmap.

Bakkt Pursues Fundraising to Buy Bitcoin

Bakkt Holdings, listed on the New York Stock Exchange (NYSE), is seeking to raise funds for purchasing Bitcoin (BTC) and other digital assets. According to Bitcoin Magazine on the 28th (local time), Bakkt announced that it is pursuing a public offeri

Tron Inc. Applies for Issuance of Mixed Securities Worth Up to $1 Billion

Tron Inc. is set to embark on large-scale fundraising. On the 28th (local time), Tron Inc. submitted a registration statement (S-3) to the U.S. Securities and Exchange Commission (SEC) for the issuance of mixed securities worth up to $1 billion. Acco

Chicago Board Options Exchange submits 19b-4 filing for Injective ETF

The Chicago Board Options Exchange (CBOE) has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Injective (INJ). According to the cryptocurrency-focused media out

Trump Media invests $300 million in Bitcoin derivatives

Trump Media & Technology Group (Trump Media & Technology Group), led by President Donald Trump, has reportedly invested $300 million in Bitcoin (BTC) related options trading. According to Bloomberg on the 28th (Korea time), Trump Media recently annou

"To Cover Cryptocurrency Losses"… 20s Woman Sentenced to Imprisonment for Spending ₩200 Million with 'Mom Card'

A woman in her 20s received a suspended prison sentence for taking out loans and issuing a credit card in her mother’s name without permission, spending approximately ₩200,000,000 in an attempt to recover losses from cryptocurrency (virtual asset) in

Changpeng Zhao's Binance Coin holdings surpass $75 billion

As Binance Coin (BNB) continues its strong trend, the net worth of Binance founder Changpeng Zhao has reportedly surged. On the 28th (Korean time), cryptocurrency-focused media outlet Cointelegraph, citing data from Forbes, reported that the value of

"Institutional Demand for Bitcoin Exceeds Mining Supply by More Than Sixfold"

It has been found that institutional demand for Bitcoin (BTC) significantly exceeds the amount of Bitcoin mined. On the 28th (KST), Charles Edwards of Capriole Investments reported via X (formerly Twitter) that “institutional demand for Bitcoin has b

Ethereum ETF Records Second Largest Net Inflow in History Last Week

Last week, the Ethereum (ETH) spot Exchange Traded Fund (ETF) recorded a significant net inflow. According to Wu Blockchain on the 28th (KST), during the period of June 21 to 25, the Ethereum spot ETF saw a total net inflow of $1,850,000,000. This ma

Tornado Cash Founder Requests Additional $1.5 Million in Legal Support from Supporters

Roman Storm, co-founder of the cryptocurrency mixing platform Tornado Cash (TORN), has requested an additional $1.5 million (approximately ₩2 billion) in support to cover trial costs. According to crypto-focused media outlet Cointelegraph on the 28th

Binance Chain-based virtual assets surge during the session...PancakeSwap up 12%, Cross up 20%, etc.

Binance Smart Chain-based virtual assets (cryptocurrencies) are experiencing a sharp rise. As of 12:55 PM (Korea time) on the 28th, PancakeSwap (CAKE) has risen 12% from the previous day to $3.20, according to CoinMarketCap. At the same time, Cross (

Coinbase sues German man...“Posed as exchange by preempting domain”

Cryptocurrency exchange Coinbase has filed a lawsuit against a German man who allegedly used a domain that illegally profited by impersonating its brand. On the 28th (KST), crypto-specialized media Cointelegraph reported that on the 25th (local time)

[Today's Global Trending Coins] Ethereum, Bitcoin, Zora & More

According to the Token Mindshare Top Gainer indicator of the AI-based Web3 search platform Kaito, as of the 28th, the top 5 cryptocurrency-related keywords attracting the most attention are Ethereum (ETH), Bitcoin (BTC), Zora (ZORA), Solana (SOL), an

Metaplanet, additional purchase of 780 Bitcoins

On the 28th (Korea Standard Time), Metaplanet announced through its official X (formerly Twitter) that it had purchased an additional 790 Bitcoins (BTC). Metaplanet's total Bitcoin holdings are 17,132.

Binance Alpha Lists USELESS

Binance Alpha is listing USELESS. According to the new listing feed on the 28th (KST), Binance Alpha will support trading of USELESS starting today.

Ethereum Secures 25th Place in Global Asset Rankings, Surpasses Costco

Ethereum (ETH) has entered the global top 25 asset rankings. According to Companies Market Cap on the 28th (Korean time), as of 10:52 AM that day, Ethereum recorded a market capitalization of $464.7 billion, ranking 25th among global assets. At the s

Tether to Launch US-Only Stablecoin

Tether (USDT), the leading stablecoin issuer by market share, is set to announce a new stablecoin available in the US. On the 27th (local time), Cointelegraph reported via X (formerly Twitter) that Paolo Ardoino, the Chief Executive Officer (CEO) of

Kyber Network surges 25% intraday

Kyber Network (KNC) is experiencing a sharp intraday rise. According to Upbit, a domestic virtual asset (cryptocurrency) exchange, as of 10:43 AM on the 28th (KST), Kyber Network is trading at ₩757.8, up 25.19% from the previous day.

Democratic Party to officially propose 'Stablecoin Bill' on the 28th

The Democratic Party of Korea is expected to propose the country's first stablecoin (a virtual asset pegged to fiat currency) bill on the 28th (Korea Standard Time). The institutionalization of stablecoins, one of President Jae-myung Lee's campaign p