YM Lee

Coinbase adds stock trading and prediction markets…accelerates 'everything app' strategy

The United States' largest crypto exchange Coinbase has expanded its platform by adding stock trading and prediction market services. The plan to become an 'everything app', encompassing traditional financial products beyond crypto assets, appears to

Hyper Foundation proposes excluding about $1 billion worth of HYPE from circulation… pushes to burn Assistance Fund

The Hyper Foundation (Hyper Foundation) proposed a governance proposal to essentially burn the HYPE tokens held in the Assistance Fund (Assistance Fund) within the Hyperliquid (Hyperliquid) protocol, excluding them from circulation. If the proposal p

Jito Foundation declares return to the U.S.…"Digital asset regulations have become clearer"

Jito Foundation, a nonprofit that supports development of MEV infrastructure based on Solana, announced it will return to the U.S. It had previously operated overseas due to worsening regulatory conditions in the U.S., but recently judged that regula

Indian regulators approve Coinbase's acquisition of stake in CoinDCX

The United States' largest virtual asset exchange Coinbase has received approval from local regulators to acquire a stake in Indian virtual asset exchange CoinDCX. This approval is expected to accelerate Coinbase's move to re-enter the Indian market.

Deutsche Bank issues first investment opinion on Coinbase…"Target $340, 40%% upside"

Deutsche Bank issued its first investment opinion on Coinbase, the largest U.S. crypto exchange, assigning a Buy rating and setting a target share price of $340. This implies about a 40% upside from the current price. On the 17th (local time), The Bl

Bitcoin potential adjustment to $70,000 rises… "Not a bear market signal but a cycle reset"

Bitcoin (BTC) has shown a recent bearish trend, raising growing concerns about the possibility of further corrections. However, some market analysts interpret that even if Bitcoin falls to the $70,000 level, it is closer to a macro cycle adjustment t

Alameda Research former CEO Caroline Ellison transferred from federal prison… poised for early release

Caroline Ellison, the former chief executive of Alameda Research who pleaded guilty and is serving time in connection with the FTX collapse, has been transferred from a federal prison. With about two months remaining until her scheduled release, it h

[Analysis] Bitcoin rebound blocked and altcoins also pressured at supply levels…year-end rally expectations retreat

Bitcoin (BTC) and major altcoins attempted a short-term rebound but were stopped by selling pressure near highs, somewhat weakening expectations for a year-end rally. Technical indicators show clear major support and resistance levels, and the market

Bitcoin Lightning Network capacity hits record high…exchanges' expanded adoption a factor

The Bitcoin layer-2 payment network Lightning Network has recorded its largest-ever capacity, helped by major crypto exchanges' expanded adoption and feature improvements. The amount of Bitcoin deposited in the network has rapidly increased, drawing

Former Theta Labs executives file whistleblower lawsuits against CEO Mitch Liu over fraud allegations

Former senior executives of blockchain company Theta Labs have filed whistleblower lawsuits against the chief executive officer (CEO), alleging fraud and retaliatory conduct. Allegations of token price pumping, false partnership announcements, and in

Shima Capital Effectively Moving Toward Dissolution…Begins Internal Wind-Down After U.S. SEC Lawsuit

Crypto venture capital firm Shima Capital appears to have effectively entered dissolution proceedings following a lawsuit by the U.S. Securities and Exchange Commission (SEC). Founder and CEO Yida Gao reportedly stepped down from day-to-day managemen

Tether bets on Bitcoin Lightning stablecoin… invests 8 million dollars in Speed

Tether has moved to expand the payment infrastructure for stablecoins based on the Bitcoin Lightning Network. It is investing 8 million dollars in Speed, a Bitcoin layer-2 payments startup, with a strategy to broaden the payment use of Tether (USDT)

U.S. government launches 'Tech Force'…supports private tech personnel including Coinbase and Robinhood

The U.S. government has partnered with the private sector to undertake a large-scale expansion of personnel to strengthen core technological capabilities such as artificial intelligence and cybersecurity. With virtual asset exchanges Coinbase and Rob

Aave unveils '2026 masterplan' after US SEC probe ends…focus on V4, RWA, and app expansion

Decentralized finance (DeFi) protocol Aave disclosed a mid-to-long-term growth strategy targeting 2026 immediately after the end of a prolonged investigation by the U.S. Securities and Exchange Commission (SEC). The plan aims to broaden both institut

U.S. SEC lowered the threshold… "Large-scale launch of crypto asset ETPs expected next year"

The easing of listing standards by U.S. securities authorities has led to forecasts that the launch of crypto asset exchange-traded products (ETPs) will sharply increase next year. Analysts say the product lineup could rapidly diversify as altcoins a

[Today's Major Economic·Cryptocurrency Schedule] EU November Consumer Price Index, etc.

[Today's Major Economic·Cryptocurrency Schedule] EU November Consumer Price Index, etc. ▶︎17th (Wed): △Japan November trade balance (Korea time 8:50, U.S. time 18:50) △EU November Consumer Price Index (Korea time 19:00, U.S. time 5:00) ▶︎17th (Wed):

Funds theft at Yearn Finance… $300,000 in losses

A hacking incident occurred at the decentralized finance (DeFi) protocol Yearn Finance V1, and approximately $300,000 worth of funds were stolen. The attacker reportedly converted the stolen funds into Ethereum (ETH) and moved them to a specific addr

Cronos Labs appoints 'Ryan Wyatt' as new CEO…initiates shift to product-focused strategy

Blockchain technology company Cronos Labs has appointed Ryan Wyatt as CEO and is shifting its business strategy. It plans to move away from its existing general-purpose Layer 1 strategy by prioritizing revenue-generating products and building user-ce

Canada sets stablecoin standard…requires 1:1 peg to fiat currency

The Bank of Canada has proposed a principle that, under future stablecoin regulations, only high-quality stablecoins pegged to fiat currency will be allowed. This reflects the view that, in the course of modernizing the financial system, stablecoins

U.S. volatility expands, liquidity flows to Binance… trading metrics repeatedly set records

As crypto market volatility expands again, analysis suggests global liquidity is concentrating on Binance. Trading metrics across spot and derivatives have been setting record highs, and the assessment is that market risk-aversion and hedging demand

Anchorage expands token lifecycle management infrastructure…broadens business front with Hedgey acquisition

U.S. crypto bank Anchorage Digital has begun building comprehensive infrastructure that spans from token issuance to post-issuance management. It is expanding from a custody-centered focus to a full-cycle token management business by acquiring a star

"Musk is a destroyer, Vance is a conspiracy theorist"… Wiles' 'Vanity Fair bomb' [Sang-eun Lee's Washington Now]

U.S. President Donald Trump’s White House Chief of Staff Susie Wiles, whom he calls the 'Ice Princess,' has caused a stir in Washington after candidly revealing in an interview with the press that there has been considerable turmoil and conflict with

U.S. XRP ETF inflows continue…Is a rebound signal emerging amid price weakness?

XRP (XRP) is continuing a weak trend, while U.S.-listed XRP spot ETFs have seen steady inflows, raising the possibility of institutional accumulation. Analysts say a divergence between ETF flows and spot prices has widened, forming a mid-term rebound

U.S. spot bitcoin ETF outflows..."The interpretation that institutions are abandoning it is exaggerated"

Large outflows occurred from U.S.-listed spot bitcoin exchange-traded funds (ETFs), but analysts say it is premature to interpret this as institutional investors abandoning bitcoin. Despite short-term adjustments and a weakened expectation for a year

U.S. forecasts large tax refunds… Could virtual asset liquidity expectations increase?

The U.S. Treasury said large refunds will be made in next year's tax filing season, raising expectations of liquidity inflows into the virtual asset market. Analysts say there could be a significant improvement in household cash flow due to the retro

US Exodus also joins stablecoin push…teams up with MoonPay to launch digital dollar

Exodus, a US-listed crypto wallet company, is entering the stablecoin market. In partnership with payments infrastructure firm MoonPay, it will launch a dollar-based stablecoin and join the competitive landscape alongside existing issuers such as Cir

Aave CEO welcomes end of U.S. SEC probe…DeFi regulatory pressure eases for now

A lengthy investigation by the U.S. Securities and Exchange Commission (SEC) into Aave, a leading decentralized finance (DeFi) protocol, has ended. With years of regulatory uncertainty alleviated, it is being interpreted as a signal of a shift in the

"Bitcoin quantum threat materializes"…Could zero-knowledge proofs be the solution?

As quantum computing advances accelerate, warnings have emerged that cryptographic systems for virtual assets, including Bitcoin (BTC), face a fundamental threat. Because existing public-key cryptography could be rendered ineffective by quantum compu

"MSCI excluding companies that hold Bitcoin is like taking oil out of Chevron"…Strategy CEO criticizes

Global index provider MSCI's consideration to exclude companies that hold large amounts of digital assets (cryptocurrencies) such as Bitcoin from indices prompted a strong backlash from Strategy. They argue that excluding specific industry groups bas

Bitcoin options market expects strength in 'Q1 2026' rather than a 'Santa rally'

In the Bitcoin (BTC) options market, expectations for a year-end Santa rally have weakened, and major bullish bets have shifted to the first quarter of 2026. Despite the recent Federal Reserve (Fed) interest rate cuts, indicators to gauge a short-ter