INSIGHT
Major News Headlines for Today
1. U.S. Senate to Vote on Stablecoin Regulation Plan at May. 26 The U.S. Senate will vote on the stablecoin regulation bill 'GENIUS'. Republican Party leader John Thune, who has a majority in the Senate, said in an interview with Politico on Apr. 29 that the GENIUS bill will be voted on on Memorial Day, which is designated as May 26. 2. U.S. SEC Announces Review of XRP, Dogecoin Spot ETFs Postponed To June 17-15 The U.S. Securities and Exchange Commission(SEC) postponed the
INSIGHT
Bitcoin Rises Slightly on Good News of Arizona
The cryptocurrency market, including Bitcoin(BTC), rose slightly on Apr. 29 after the first state-level bitcoin stockpile bill was passed by the Arizona State Legislature in the United States. In the Arizona House of Representatives, bills SB1373 and SB1025 passed the House of Representatives on the 28th after passing the Senate two months ago. SB1373 and SB1025 are bills that suggest the state's purchase of bitcoin through seizure volume and pension funds. SB1373 contains a provision that establishes digital assets seized through crimina
INSIGHT
Major News Headlines for Today
1. U.S. State of Arizona Passes First Bitcoin Sale Bill To Congress For the first time in the U.S. state of Arizona, a state-level Bitcoin(BTC) purchase bill passed Congress. The bills SB1373 and SB1025, which proposed the state government's Bitcoin purchase, passed the House of Representatives on Apr. 28 after passing the Senate. 2. MetaMask Launches Mastercard And Its Own Crypto Storage And Payment Card Metamask, a cryptocurrency wallet service, launched a card that provides its own cryptocurrency storage a
INSIGHT
Bitcoin Continues Quiet Sidewalk Despite Good News Vanishing
Bitcoin(BTC) and cryptocurrency markets went sideways on Apr. 28 due to the disappearance of good news and quiet institutional buying. The global asset market was mixed on the 28th after the tariff war initiated by U.S. President Trump failed to reach a significant conclusion. In particular, the U.S. dollar is weak. Despite the rise on the 28th, the dollar index hit 99.82, the lowest level in about three years. Bitcoin and cryptocurrency markets defended their prices after last week's surge amid the dollar's weakness, but remained at a similar price point to last
INSIGHT
Major News Headlines for Today
1. Foreign Media "XRP Futures ETF Has Possible Release on Apr. 30" Citing testimony from sources, foreign media YouTube Day reported on Apr. 28 that the U.S. Securities and Exchange Commission(SEC) will approve the XRP Futures Exchange Traded Fund(ETF) on Apr. 30. YouTube Day explained that the application for the XRP Futures ETF applied by asset management company ProShares is set to take effect on Apr. 30, and the XRP Futures ETF can be released unless the SEC raises an obj
INSIGHT
Bitcoin Rises Slightly as Dollar Depreciated
Bitcoin(BTC) rose slightly on Apr. 25 due to the fall in the dollar's value due to uncertainties in tariff negotiations between the U.S. and China. Earlier, U.S. President Trump announced that he was negotiating with China. However, China's foreign ministry said in an official statement on Monday that there was no dialogue with the U.S. government. The U.S. dollar index(DXY) fell 0.56% on Apr. 24 amid news that the dialogue between the two countries, G1 and G2, which recently caused the asset market to falter, was uncertain. The cryptoc
INSIGHT
Major News Headlines for Today
1. Mercari Starts XRP Payment Support Mercoin, a subsidiary of Japan's largest used trading platform Mercari, added XRP to the payment method on the platform on Apr. 24. Earlier, Mercoin is a cryptocurrency trading app linked to Mercari, allowing Bitcoin(BTC) and Ethereum(ETH) payments, and adding XRP as a cryptocurrency three times to the payment method. Mercoin users can purchase XRP from 1 yen and use the purchased XRP as a payment method within Mercari. 2. Fidelity "Bitcoin Holdings on Exchange, 7-Year Low
INSIGHT
Bitcoin Falls Intraday on Profit-Taking Sell-Off
The cryptocurrency market, including Bitcoin(BTC), fell on an intraday sell-off on Apr. 24. Earlier on Apr. 23, the cryptocurrency market surged due to U.S. President Trump's comments on easing the trade war and resolving conflicts with the U.S. Federal Reserve(Fed) chairman. Earlier on Apr. 22, President Trump left a comment saying, "It will be quite low" when asked about imposing tariffs on China during his speech at the Oval Office. On top of that, President Trump also said, "I have no intention of firing him(Powell)," when asked a
INSIGHT
Major News Headlines for Today
1. Trump Forewarns Dinner With 220 Top Trump Token Holders Trump tokens surged about 60% on Apr. 24 after U.S. President Donald Trump announced a dinner with 220 top holders of his meme coin Trump token(TRUMP). The official website of the Trump token announced on Apr. 23 that it will aggregate Trump token holdings from Apr. 23 to May. 12 and provide invitations to the top 220 holders for dinner with Trump. 2. Russia to Launch Government-Backed Cryptocurrency Exchange A cryptocurrency exchange supported by the Russian Cen
INSIGHT
Bitcoin Jumps on Trump Comment, Futures Market Liquidation
The cryptocurrency market, including Bitcoin(BTC), surged on Apr. 23 due to U.S. President Trump's comments and massive liquidation in the futures market. President Trump left a comment on easing the trade war and resolving the conflict with the Fed chairman of the U.S. Federal Reserve. When asked about the imposition of tariffs on China during a speech in the Oval Office on Apr. 22, President Trump left a comment, "It will be quite low, but it will not be 0%." The asset market turned to a rebound after President Trump, who had predicted
INSIGHT
Major News Headlines for Today
1. Cryptocurrency, Futures Market Soars to Liquidate $601 Million Bitcoin(BTC) surpassed $93,000 on Apr. 23 due to the liquidation of large-scale short bets in the cryptocurrency futures market. In the cryptocurrency futures market, a number of short positions were liquidated due to a surge in a number of cryptocurrencies that occurred in the early morning of the 23rd. The liquidation of the cryptocurrency futures market recorded about $601 million on the 23rd. The biggest liquidation is the Ethereum(ETH) short bet liquidation that occurred in Binance, and
INSIGHT
'Digital Gold' Bitcoin Denies Asset Market Bandwagon
Bitcoin(BTC), the digital gold, continued its strong performance on the 22nd, showing its link to gold. Gold also hit 3504 dollars per ounce on Apr. 22, breaking an all-time high for the second consecutive day. Bitcoin broke away from the current on the 21st and 22nd as the asset market weakened due to the conflict between U.S. President Trump and the U.S. Federal Reserve. On the 21st, President Trump posted a message on his SNS "Truth Social" to pressure Fed Chairman Jerome Powell on his decision to cut interest rates. The Dow Jones
