Bloomingbit Newsroom

The US stablecoin bill, the GENIUS Act, was officially enacted on the 18th with President Donald Trump's signature, driving up demand for meme coins. As legal uncertainty regarding virtual assets (cryptocurrencies) has been resolved, investment in risk assets appears to be increasing. According to BeInCrypto on the 21st (local time), there has been a recent influx of large-scale capital into meme coins, infrastructure, and theme-based tokens. Among these, whale buying has been particularly concentrated in Floki (FLOKI), Book of Meme (BOME), and Lido (LDO). For Floki, whale wallet holdings increased by 4.63% over the past week, totaling 27,240,000,000 coins. Approximately $176,000 worth was newly acquired, and holdings for the top 100 addresses also saw a slight increase. Exchange reserves fell by about 1.3%. Floki surged about 10% from the previous day, surpassing the $0.00015 level. For Book of Meme, whale holdings jumped 31% over the same period, reaching 1,460,000,000 coins, equivalent to roughly $3,530,000. Exchange holdings fell by 0.11%, indicating that selling pressure is easing. The price also climbed, recording approximately $0.0024. For Lido, whale holdings rose 40.38% this week to 18,680,000 coins, totaling about $23,170,000. During the same period, exchange holdings declined by 4.27%, while the top 100 wallets' share increased by 0.53%. Lido currently trades at $1.21 on Binance.

Anna Paulina Luna, a close associate of US President Donald Trump and a Republican member of the US House of Representatives from the State of Florida, has filed a criminal complaint against Jerome Powell, Chairman of the Federal Reserve (Fed), with the US Department of Justice (DOJ). The charge is perjury, alleging that Powell gave false testimony before Congress. According to Fox News on the 21st (local time), Representative Luna claimed that during a June 25 hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Powell made two false statements regarding the renovation of the Eccles building, which serves as the Fed headquarters. Luna stated, "Chairman Powell explained that the increase in renovation costs for the Fed headquarters from $1.9 billion to $2.5 billion was due to 'minor modifications,'" and added, "A congressional investigation revealed that luxury facilities such as upscale dining, marble finishes, and rooftop gardens were included." She also pointed out that Powell’s assertion in an official document that these changes were 'measures to simplify construction and prevent delays' conflicted with materials actually submitted by the Fed. Representative Luna emphasized that such statements constitute perjury, which can be punished by up to five years in prison. This complaint comes amid calls from conservatives for Powell's removal from office before his term ends. Meanwhile, Chairman Powell has denied all allegations and has officially requested an audit of the Eccles building renovation costs. The Federal Reserve is currently publishing video explanations and overviews of the project on its website.

RibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbitRibbit

BitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoinBitcoin

Kaia will co-host the '1st Korea Stablecoin Hackathon' with Tether, kakaopay, and LINE NEXT starting August 1. Held under the subtitle 'Korea's Stablecoin Industry: Leaping Beyond Innovation to G2,' this hackathon aims to discover innovative stablecoin-based business models and use cases in the domestic Web3 fintech industry, which has recently gained attention following a bill proposal. The hackathon will feature a total prize pool of ₩100,000,000 and consists of two tracks: the Korean won stablecoin ideathon and the Kaia-based USDT hackathon. Kaia, in collaboration with key partners, will provide an opportunity to launch mini dapps in the LINE messenger and will support outstanding projects in implementing real business models within the Kaia ecosystem. The hackathon will run for about a month until early September and is open to anyone interested in stablecoins or Web3, including developers, planners, designers, university (and graduate) students, and current or aspiring entrepreneurs. Winners will be selected based on criteria such as financial inclusion, payment system innovation, real world asset (RWA) linkage, DAO efficiency, cross-border remittance, and digital content transactions. At the demo day and awards ceremony scheduled for September 3, Min Byung-deok, a member of the Democratic Party of Korea and the initial proposer of the Digital Asset Basic Act, will attend and offer congratulations. He plans to emphasize the importance of private sector-led stablecoin ecosystem development and policy cooperation. Shin Won-keun, CEO of kakaopay, stated, "As a daily financial platform for the public, we are pleased to judge innovative ideas in the globally trending stablecoin sector. We hope the projects discovered at the hackathon will become practical services in line with changes in policy." Go Young-soo, CEO of LINE NEXT, said, "This hackathon is a starting point toward stablecoin activation," and emphasized, "We will accelerate the popularization of stablecoins and Web3 services by identifying and supporting innovative business ideas." Seo Sang-min, Chair of the Kaia DLT Foundation, expressed, "It is meaningful that governance members like kakaopay and LINE NEXT, as well as key partners such as Tether, are participating in this hackathon," adding, "We will drive a change in perception toward the digital asset-based fintech industry and continue to discover practical Web3 business models."

With the passage of the United States' virtual asset (cryptocurrency) bill encountering a roadblock, Bitcoin (BTC) is showing a downward trend. As of 10:48 a.m. (local time) on the 17th, according to CoinMarketCap, Bitcoin is trading at $117,826.92, down 0.63% from an hour ago. Ethereum is also trading at $3,318.72, down 1.13% in the past hour, while XRP has dropped 0.99% to $3.01. Solana is down 1.6% from an hour ago, now at $170.90. This downward trend is interpreted as a result of the warning signal for the passage of the United States virtual asset bill. According to Eleanor Terrett, host of Crypto in America, one more Republican lawmaker in the US House of Representatives has come out against the virtual asset bill, bringing the total to 10.

Hello. This is Upbit, the most trusted global standard digital asset exchange. We are pleased to announce new digital asset trading support as follows. | Digital Asset | Market | Network | Deposit & Withdrawal Start Time | Trading Support Start Time | |----------|----------------|----------|---------------------|-------------------| | Caldera (ERA) | KRW, BTC, USDT | Ethereum | Within 3 hours from the time of this announcement | Scheduled for July 18 at 00:30 | Caldera (ERA) supports deposits and withdrawals via the Ethereum network. All ERA deposits, regardless of whether the amount exceeds 1,000,000 KRW, will be subject to Travel Rule verification prior to reference price registration on CoinMarketCap or before the Upbit ERA trading support time. Please take note of this. Please make sure to confirm the network before depositing digital assets. Deposits and withdrawals through networks other than those specified are not supported. If sufficient liquidity is not secured after the commencement of deposit and withdrawal services, the trading support start time may be postponed. ※ Trading Restrictions Notice - Buy Order Restrictions: Buy orders will be restricted for about 5 minutes after trading support begins. - Minimum Sell Price Restriction: The standard price for minimum sell price restriction will be announced through this notice prior to the start of trading support. - Order Type Restrictions: All types of orders except limit orders will be restricted for about 2 hours after trading support begins. ※ Deposit Precautions Deposits that cannot be processed may take a long time for refund procedures, so please check precautions carefully. - Only deposits and withdrawals via the specified network (ERA-Ethereum) are supported. Be sure to confirm the network before depositing. - The contract address for ERA supported by Upbit is . Please check the contract address when processing ERA deposits and withdrawals. - For Travel Rule compliance, if assets are deposited to Upbit from an exchange not included in the , such deposits cannot be processed, and refunds may take a long time. - Only self-owned wallet addresses that have completed 'ownership verification' can be used for deposits and withdrawals. Even if deposits are made from a linked personal wallet, refunds may be required depending on the network of the asset. - For large-scale digital asset deposits with unclear sources, you may be requested to explain the source of funds. (Article 17, Section 8 of the Terms of Service) ※ Additional Digital Asset ~~ERA (Caldera)~~ > Caldera is a Rollups-as-a-Service deployment platform that provides web3 projects with a variety of custom features, infrastructures, and tools to enable easy and convenient launch of rollups specialized for their own projects. In addition, to connect isolated Ethereum rollups and ensure interoperability, an integrated layer for Ethereum rollups, the cross-chain messaging protocol Metalayer, is being built so that each rollup can communicate and collaborate without compromising their individual characteristics, creating a rollup ecosystem. ERA is used within the Caldera ecosystem for gas fees, validator staking, governance, and other purposes. > Homepage: > X (formerly Twitter): > Whitepaper: ✽ If this digital asset does not appear on PC, please refresh (F5) and check again. ✽ If the digital asset does not appear on the Upbit App, please click More > Screen Settings > Refresh Coin Information and check again. Investment Risk Notice • Investment in digital assets may be exposed to rapid price fluctuations due to speculative demand and changes in domestic and global regulatory environments. The responsibility for investment decisions lies solely with the investor, and any potential losses will be borne by the investor. Please carefully refer to the project homepage and disclosure materials to fully understand the characteristics of digital assets and invest prudently. • Due to the nature of digital asset trading, price differences between domestic and global exchanges may persist. Please make sure to be aware of such price differences before investing in digital assets. • Upbit takes various measures, such as minimum order amount limits, to create a stable trading environment. However, depending on the heated investment environment, some users may see order stabilization messages. This is an inevitable measure to ensure stable service after processing orders from users who placed them first, so please be aware. ※ Virtual assets are high-risk products and may result in the loss of all or part of your investment amount. This information is automatically generated.

The three major stock indices in the New York stock market rose together. With U.S. companies generally posting strong earnings and consumer indicators showing a sharp rebound, the market was relieved. On the 17th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed up 229.71 points (0.52%) at 44,484.49. The S&P 500 index rose 33.66 points (0.54%) to close at 6,297.36, and the Nasdaq Composite gained 153.78 points (0.73%) to finish at 20,884.27. On this day, both the S&P 500 and Nasdaq indices broke all-time highs again after just two days. Stronger-than-expected U.S. consumer indicators and second-quarter earnings from companies pushed stock indices higher. According to the U.S. Department of Commerce, U.S. retail sales in June, adjusted for seasonality, increased 0.6% from the previous month to $720.1 billion. The market forecast was a 0.1% increase. Earlier in May, retail sales had plummeted 0.9% from the prior month. Notably, 'core retail sales' (control group), which excludes highly volatile items like autos, gasoline, building materials, and food services, also rose 0.5% over the previous month. Companies also posted strong earnings. United Airlines' stock rose 3% on results that beat market expectations. PepsiCo also jumped 7% after its second-quarter earnings beat forecasts. Netflix also posted second-quarter earnings that exceeded estimates. Announced after the close, Netflix's Q2 revenue was $11.08 billion, and earnings per share (EPS) was $7.19—both slightly above forecasts. Among the tech giants with a market capitalization above $1 trillion, NVIDIA, Microsoft, and Broadcom were strong, again setting all-time highs. NVIDIA's market cap reached $4.2212 trillion. U.S. AI defense company Palantir also rose 2%, hitting a new record high. Electric vehicle manufacturer Lucid Group saw its shares soar by 36%. News that at least 20,000 Lucid vehicles will be operated as robotaxis through Uber's ride-sharing platform over the next six years fueled buying sentiment. Shin Min-kyung, Hankyung.com reporter radio@hankyung.com

Test

00:00 Article test < > special characters [ ] { } PiCK News Gold Bitcoin ETF STAT IP Stora