A spokesman for the White House National Security Council said in a statement that the South Korean president issued an emergency martial law order "without prior notice" to the Biden administration, and the White House did not receive any notification.

President-elect Trump has approached pro-crypto advocate Paul Atkins to lead the SEC, but insiders say the challenge of reforming Gensler's contentious agency may dissuade him.

This article uses the chaebol economy as a starting point to analyze South Korea's path to modernization and to reflect on the East Asian paradigm behind it.

Meme coin has almost occupied the top position in this round of bull market. Why? Because it has several unique characteristics.

My preference for productive assets with development arcs remains the same, but my appreciation for the broader potential of memecoin is much broader.

Virgin Voyages is making history as the first cruise line to accept Bitcoin, expanding on its innovative seasonal passes for unlimited voyages. Will this bold move chart success or face rough seas?

South Korean President Yoon Seok-yeol lifted martial law six hours after tensions mounted in the country's National Assembly.

South Korean President Yoon Seok-yeol suddenly declared a state of martial law across the country and emphasized in a televised speech that the move was aimed at "protecting a free South Korea, resisting the threat of North Korean communist forces, and eliminating anti-national forces from the North (pro-North Korea)."

The world’s largest cryptocurrency exchange has $21.6 billion in user funds deposited.

Recently, we have seen a lot of progress in Ethereum wallets to improve user experience, security, and functionality.

The first quarter of 2024 has turned out to be a blockbuster for most asset classes, and the strong performances have left investors worried about the sustainability of the uptrend. source: https://www.benzinga.com/analyst-ratings/analyst-color/24/03/38001174/bitcoin-vs-gold-vs-spy-which-asset-class-wouldve-given-best-returns-on-1000-investm?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site

According to Blockworks, Bitcoin experienced a sharp decline after nearly reaching $64,000 on Wednesday, losing 5% within minutes before stabilizing around $60,600. Despite the dip, Bitcoin remains up over 7% this week and 44% this month, with analysts attributing the increase to factors such as growing Bitcoin ETF demand, anticipation of the upcoming halving cycle in April, and favorable macroeconomic conditions. Bitcoin ETFs saw more individual trades on Tuesday than both SPY, the top S&P 500 ETF, and the Nasdaq-tracking QQQ, according to Jim Bianco, president and macro strategist at Bianco Research. Noelle Acheson, author of the Crypto is Macro Now newsletter, noted that the majority of trades were small, suggesting retail investors were driving the activity. Over $585 million in long and short Bitcoin positions were liquidated in the past 12 hours, as per data from CoinGlass. BlackRock's Bitcoin ETF set a new record for net inflows on Tuesday, reaching $520 million, surpassing the previous daily net inflow high of $493 million set by IBIT on February 13. Meanwhile, Ether (ETH) continued its rally, hitting around $3,470 before settling at the $3,200 level. In contrast, equities such as the S&P 500 and Nasdaq Composite indexes traded 0.1% and 0.5% lower at the time of publication.

Robert Kiyosaki, the author of the best-selling finance book ‘Rich Dad Poor Dad' on Sunday said that the banking crisis is "worsening" and as the threat of war grows "Cental banks will push for CBDC, Central Bank Digital Currency, to SPY on us". source: https://www.benzinga.com/markets/cryptocurrency/24/02/37305047/rich-dad-poor-dad-author-says-cbdc-to-spy-on-us-heres-what-robert-kiyosaki-will-do-if-bitc?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site

According to Cointelegraph: The inclusion of MicroStrategy, the largest corporate holder of Bitcoin (BTC), in the S&P 500 index could expose millions of portfolios to Bitcoin indirectly. However, to achieve this milestone, the firm would need to fulfill strict eligibility criteria and secure a significant increase in its market capitalization. Largest publicly-listed companies in the U.S. by market cap: Source: Companies Market Cap. MicroStrategy recently moved up to the 535th position among the largest publicly-listed companies in the U.S., following an eight-day trading period that resulted in a 46% rally in its share price. To get listed on the S&P 500, which tracks the 500 largest U.S.-listed companies, the firm needs to meet several criteria, including a minimum market cap requirement, a positive sum of profits in the previous four quarters, and adequate public trading of its shares. Firms currently need a market cap of $15.8 billion to be eligible for listing. MicroStrategy's market cap is currently $12.1 billion. Inclusion in the S&P 500 could lead to Bitcoin exposure in almost every ETF portfolio, a positive outcome according to Joe Burnett, senior product marketing manager at Bitcoin financial services firm Unchained. The three largest ETFs (State Street’s SPY, BlackRock’s IVV, and Vanguard’s VOO) track the S&P 500, managing over $400 billion in assets each. Moreover, the firm has recently announced plans to transition from a business intelligence firm to a “Bitcoin development firm,” further solidifying its Crypto-oriented strategy.

According to Coincu, the trading volume for the Grayscale Bitcoin Trust (GBTC) experienced a significant dip, raising speculation about potential exhaustion in the selling trend. Renowned Bloomberg analyst, Eric Balchunas, drew attention to this development, suggesting parallels with traditional stock market behavior. Balchunas highlighted the observed pattern, drawing a comparison with stocks such as the SPDR S&P 500 ETF Trust ($SPY). According to his insights, in the stock market, increased selling often coincides with a rise in volume, while periods of tranquility witness a decline in trading activity. Balchunas clarified his information sources, emphasizing that he relies solely on shares outstanding data sent by GBTC administrators to Bloomberg (BBG). As the financial community awaits further developments, Balchunas' insight provides a valuable lens through which investors can assess and potentially anticipate market trends. The mention of potential exhaustion in the selling trend prompts readers to consider the broader implications and make informed decisions in the dynamic world of cryptocurrency trading. Market participants will be keenly watching for any confirmation of the speculated exhaustion in GBTC's selling trend.

The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), achieved historic all-time highs during the last session of the week, marking a significant milestone following more than two years source: https://www.benzinga.com/markets/cryptocurrency/24/01/36702914/s-p-500s-record-highs-davos-ai-debate-strong-consumer-data-and-fed-bets-this-week-in-the-m?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site

According to Blockworks, the world's largest asset manager, BlackRock, and Invesco, the fourth-largest ETF asset holder, are entering the bitcoin ETF space. BlackRock has nearly $2.6 trillion in assets under management in its US ETFs, while Invesco has $450 billion. Invesco partnered with crypto-focused Galaxy Digital in 2021 and filed its latest spot bitcoin ETF proposal in 2023. However, Vanguard, State Street, and Charles Schwab, which manage $2.3 trillion, $1.1 trillion, and $315 billion respectively, have chosen not to get involved in the bitcoin ETF race. A Vanguard spokesperson stated that the company believes the investment case for cryptocurrencies is weak and that they have no intent to offer a spot bitcoin ETF or any other crypto-related products. State Street Global Advisors, ranking third in US ETF assets under management, launched the industry's first ETF, the SPDR S&P 500 ETF (SPY), in 1993. Despite being known as an ETF pioneer, State Street has opted not to enter the spot bitcoin ETF race. A spokesperson said they continuously evaluate their lineup of ETFs but do not offer a crypto ETF at this time. Sumit Roy, a senior analyst for ETF.com, noted State Street's standing as the world's largest custodian and its build-out of digital asset-focused custody solutions. He suggested that the firm might be focusing on that part of the ecosystem rather than getting involved in the crowded spot bitcoin ETF race. Charles Schwab's asset management division has also not filed for a spot bitcoin ETF. David Botset, head of equity product management and innovation at Schwab Asset Management, said in January 2022 that the company was evaluating opportunities such as spot cryptocurrency or blockchain technologies in the form of an ETF. A Schwab spokesperson declined to comment on future crypto ETF plans. Roy believes that more creative funds adding other types of exposures on top of just bitcoin, such as a covered call bitcoin ETF, are likely to be seen in the future.