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Bitcoin Slightly Slips On Profit-Making Sale
Bitcoin(BTC), which exceeded $110,000 on the afternoon of Jul. 4, fell slightly due to the sale of profit-taking. Bitcoin surpassed $110,000 in the late afternoon of the 3rd on the news of strong U.S. employment indicators and President Trump's budget passed the U.S. Congress. However, since then, profit-taking selling, especially altcoins, have returned the morning rebound intact. Altcoins recorded an average fall of more than 3% in the afternoon, including Bitcoin's fall to $108,000. ◇Bitcoin = Bitcoin price is $108,885 at 4:30 p.m. on Jul. 4, 2025. T
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Major News Headlines for Today
1. Cynthia Lummis Proposes Partial Exemption Of Crypto Taxes U.S. Senator Cynthia Lummis submitted a bill in the U.S. Senate on Jul. 3 that includes a small cryptocurrency transaction worth less than $300 and a tax reduction clause for cryptocurrency miners and staking investors. Senator Lummis said she proposed a cryptocurrency tax mask clause to develop the cryptocurrency industry and plans to submit the bill to the president before September. 2. JP Morgan "Stablecoin Short-Term Growth Won't Meet Expectations" In a report publishe
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Bitcoin Holds Intraday Gains on U.S.-Vietnam Trade Agreement
The cryptocurrency market, including Bitcoin(BTC), rose on Jul. 3 on the news of the settlement of a trade agreement between the U.S. and Vietnam. U.S. President Donald Trump said on his SNS "Truth Social" on the 2nd, "It is an honor that we have signed a trade agreement with Vietnam," adding, "We will impose a 20% tariff on all Vietnamese goods entering the U.S. territory and a 40% tariff on transshipment goods (the volume exported by a third country to the U.S. via Vietnam)." The cryptocurrency market also rose on the news that a trad
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Major News Headlines for Today
1. Ripple Applies Bank License To U.S. Monetary Authority Following Circle Ripple is preparing to become a bank following Circle. Ripple applied for a bank charter requesting the U.S. Monetary Audit Office(OCC) to operate as a national trust bank through its account on Jul. 2, and announced that it will present the U.S. stablecoin standard through Ripple stablecoin RLUSD when it acquires a license. Ripple's announcement sent XRP skyrocketing by about 5 percent on Tuesday morning. 2. Standard Chartered "Bitcoin Reac
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Bitcoin Is Mixed Amid Various News
The cryptocurrency market, including Bitcoin(BTC), was mixed on Jul. 2 with various materials mixed. After visiting Florida the previous day, U.S. President Donald Trump solidified his policy stance on a private jet, saying, "We will not extend the tariffs announced from the 9th." President Trump announced that he would not extend the grace period for mutual relations, turning the market's hopes into fear, leading to morning buying and falling cryptocurrency markets. However, after news broke that the U.S. Securities and Exchange Commission(SEC
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Major News Headlines for Today
1. U.S. SEC Seeks to Streamline Crypto ETF Listing The U.S. Securities and Exchange Commission(SEC) has been found to be considering automating much of the cryptocurrency exchange-traded fund(ETF) listing process. Eleanor Tarrett, a reporter specializing in cryptocurrency, said on her X account on Jul. 1 that the SEC is considering the process of omitting the application for the ETF review request '19b-4', which was required in the process of listing cryptocurrency ETFs. 2. Grayscale Big Crypto Trust Fund Get
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Bitcoin Goes Mixed as Spot Trading Volume Declines
Bitcoin(BTC) fell on Jul. 1 due to a decrease in spot trading volume. The cryptocurrency market, including Bitcoin, fell despite the booming U.S. stock market. Major New York Stock Exchange indexes, including the S&P 500, broke new highs on Jun. 30(local time). The New York Stock Exchange's new high came amid news that the Donald Trump administration will resume trade negotiations with Canada. The reason for the decline in Bitcoin is the increase in the sale of profit-taking. In a report published on the 30th, Bitfinex said, "In-kind
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Major News Headlines for Today
1. Solana Spot ETF Launches For the First Time On Wednesday...Staking Allowed The U.S. first Solana spot exchange-traded fund(ETF) will be launched on Jul. 2 for the first time in the U.S. market. Asset manager Rex Shares said in an official statement on Jun. 30 that ETFs that follow Solana spot prices will be listed, and ETF investors will be able to earn profits from Solana staking. 2. USDC Issuer Circle Asks U.S. Monetary Authority to Approve Banking The stablecoin USDC issuer Circle
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Bitcoin Falls Due to Trump's Tariff Application Notice
The cryptocurrency market, including Bitcoin(BTC), fell slightly on Jun. 30 due to the warning of U.S. President Trump's tariff letter. In an interview with Fox News on Jun. 30, President Trump responded, "I don't think it's necessary," on whether to extend the mutual tariff grace period. Specifically, President Trump said, "We will apply the existing 25% tariffs on countries that have extended the tariff moratorium by classifying them into 35%, 50% and 10% depending on whether to negotiate." The cryptocurrency market, which had been on the rise due
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Major News Headlines for Today
1. Number of Cryptocurrency Investors in South Korea Exceeds 10 Million About 27% of Koreans in their 20s and 50s in Korea are found to be investing in cryptocurrency as a major financial strategy. The '2050 Generation Virtual Asset Investment Trend' published by Hana Financial Research Institute on Jun. 29 announced that the number of cryptocurrency investors in Korea exceeded 10 million. The report said, "Investment in cryptocurrency has begun to change from speculation to investment." 2. US Bitcoin Spot ETF Records Net Infl
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Bitcoin Rides on Alert Ahead of U.S. PCE Announcement
Bitcoin(BTC) went sideways on Jun. 27 due to the sense of vigilance formed ahead of the announcement of personal consumption expenditure(PCE) in the U.S. in May. The PCE is a major economic indicator that the U.S. Federal Reserve(Fed) considers the most in determining the benchmark interest rate. In particular, "risk assets" tend to fall or move sideways due to increased vigilance right before the PCE announcement. The cryptocurrency market went sideways despite easing tensions in the Middle East due to tensions ahead of the PCE annou
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Major News Headlines for Today
1. U.S. Court Rejects Ripple-SEC Lawsuit Request Again A U.S. court on Jun. 27 rejected a request for a lawsuit between Ripple and the U.S. Securities and Exchange Commission(SEC). On Jun. 12, Ripple and the SEC asked a U.S. court to dismiss a $125 million fine for Ripple and a ruling that defines XRP's institutional sales as securities. Judge Torres rejected both sides' requests, pointing out that XRP's institutional sales still have unresolved issues. The U.S. court rejected Ripple's request for an agre