Bloomingbit Newsroom

As Iran has pulled out the option of blocking the Strait of Hormuz, a key crude oil shipping lane, in retaliation for a U.S. attack, China—highly dependent on Middle Eastern crude— is also closely monitoring the fallout. On the 2nd (local time), Bloomberg and other foreign media reported that the war’s repercussions pushed the cost of transporting crude from the Middle East to China to a record high. According to the Baltic Exchange in London, the media said, daily freight costs for a 2 million-barrel tanker on an industry benchmark route rose to $424,000 (about 620 million won). With Iran stating its intention to close the Strait of Hormuz, at least three vessels were reported to have been attacked off the Persian Gulf coast as of Friday morning, leaving one person dead. Iran’s semi-official Fars News Agency said there were no tankers currently transiting the strait, but 26 ships were loitering around it and 27 had halted operations. The Strait of Hormuz is the export route for Middle Eastern oil producers such as Saudi Arabia, Kuwait, Iraq, Iran, and the United Arab Emirates (UAE). Roughly 20% of global oil consumption—about 20 million barrels per day—passes through the strait. Moreover, the Middle East accounts for one-third of global crude production, and Iran is the third-largest crude producer in the Organization of the Petroleum Exporting Countries (OPEC). Depending on how the conflict unfolds, international oil prices could swing sharply. Liu Tao, a senior researcher at Guangcai Chief Researcher, said in an interview with Economic Observer that OPEC+ supply increases and releases from strategic reserves by the U.S. and others are unlikely to provide immediate relief, adding that in the short term international oil prices are expected to remain firm. He forecast that if the attacks are limited to military targets and do not lead to an actual disruption in crude supply, prices would trade in the $80–$100 per barrel range with daily swings of 5–10%. He also mentioned the possibility of prices reaching $120–$150, and in an extreme scenario, $200. China News Service reported that if the Strait of Hormuz blockade persists, oil could reach $120–$130 per barrel, and in a severe case may exceed $150. Zou Zhichang, a researcher at Fudan University’s Center for Middle East Studies, also warned that if passage through the strait continues to be impeded, oil could rise above $90 per barrel, amplifying uncertainty. Market intelligence firm ICIS likewise projected that if the blockade continues, international oil prices could top $100 per barrel. On the ICE Futures Europe exchange, Brent crude futures for May delivery at one point surged 13% intraday to $82.37 a barrel, and settled at $77.74, up 6.7% from the previous session. Park Su-rim, Hankyung.com reporter paksr365@hankyung.com

Global cryptocurrency exchange Binance is adding new U-based spot trading pairs. According to a Binance announcement on the 3rd, Binance will begin trading in five spot pairs—AVAX/U, LINK/U, LTC/U, PAXG/U and ZEC/U—from 17:00 on the 5th (KST). At the same time, the Spot Algo Orders service will also be available for these pairs. In addition, Binance will run a fee promotion for the AVAX/U, LINK/U, LTC/U, PAXG/U and ZEC/U pairs. All users will receive a 0 won maker fee on these pairs. The promotion will run from 17:00 on the 5th (KST) until further notice.

Hahaha

Let's revise the test news

Test News11111

Kim Han-seok Kim Han-seok Kim Han-seok Kim Han-seok Kim Han-seok Kim Han-seok

(Revised) (Revised) (Revised) An analysis suggests that selling pressure in the Bitcoin (BTC) market has largely been exhausted. Still, the outlook is that a range-bound pattern could persist for several months before a full-fledged shift to an uptrend. Cointelegraph reported on the 27th (local time), citing comments from on-chain analyst Willy Woo, that investors’ bear-market selling has effectively entered its final stage. Woo said, “Bearish selling by investors appears to be largely exhausted,” adding, “It could move sideways for about the next month or rebound to the mid-$70,000s, but it’s likely to face resistance in that zone.” Bitcoin has traded between $60,000 and $70,000 over the past three weeks, and at one point on the 26th it slipped below $67,000 intraday. The current price is around $67,827. Woo pointed to Q4 2026 as the point when the bearish trend could end. He projected that “bullish momentum may resume in Q1 or Q2 2027.” However, he added that the chances of a sharp near-term rally are low given that liquidity is weakening across both spot and futures markets. Macroeconomic variables were also flagged as risks. Woo said, “Bitcoin has only existed within a long-term global macro bull market environment since 2009,” and argued that “if the macro environment breaks down, $30,000 could be the first support level, and $16,000 could be the final line of defense for maintaining the long-term bullish trend.” Bitwise Chief Investment Officer (CIO) Matt Hougan also agreed that selling pressure is close to being fully absorbed. He said, “The main reason for Bitcoin’s decline is that investors who held leveraged positions reduced their exposure,” explaining that “various factors were at play, including the four-year cycle narrative, concerns over quantum computers, and a shift toward investing in AI startups.” He added that “the market is now entering a bottoming phase and will break to new all-time highs again.” Bitru research head Andri Fauzan Azima said that the weekly relative strength index (RSI) has entered oversold territory, indicating that “aggressive selling pressure has either passed its peak or is weakening.” He projected that, alongside a retest of support in the $62,000 to $65,000 range, Bitcoin could remain range-bound between $60,000 and $70,000 for several weeks to several months. Jeff Ko, chief analyst at CoinEx, also said, “ETF inflows are improving, but an immediate V-shaped rebound after a 50% plunge will be difficult,” adding, “A sentiment-recovery phase of about 3 to 6 months is needed.”

The crypto-asset (cryptocurrency) market, which had plunged on the back of the U.S. reciprocal tariff measures, has failed to show a clear rebound even after a court ruling finding those tariffs unlawful. Analysts say the uncertainty created by the decision—and concerns over its political fallout—are instead weighing on the market. As of 5 p.m. KST on the 25th, CoinMarketCap data show bitcoin (BTC), the bellwether crypto, trading at $65,208, down 4.85% from a week earlier. At the same time, ethereum (ETH) and XRP (XRP), leading altcoins, were also down 6.41% and 8.32% week-on-week, respectively. In other words, market weakness is persisting even though the reciprocal tariffs were voided by an unlawful ruling. On the 20th (local time), the U.S. Supreme Court ruled that the reciprocal tariff measures imposed by President Donald Trump’s administration since April last year, based on the International Emergency Economic Powers Act (IEEPA), were not lawful. The court’s rationale was that imposing large-scale tariffs without explicit congressional approval exceeds presidential authority. The Trump administration has imposed steep tariffs on China, Canada and Mexico, among others, stoking risk-off sentiment across global financial markets. A notable example was on Oct. 10, when Trump declared on Truth Social that he would "impose an additional 100% reciprocal tariff on China," triggering mass liquidations of futures positions in the crypto market. Yang Hyun-kyung, an analyst at iM Securities, said, "The Supreme Court ruling was something the market had anticipated to some extent," adding, "As a result, the invalidation of the tariffs was partly priced in even before the decision." Tariff uncertainty widens... risk-off sentiment strengthens for risky assets One reason the market has not taken the ruling as an unambiguous positive is the possibility of additional tariffs. In fact, immediately after the Supreme Court decision, Trump signed a proclamation invoking Section 122 of the Trade Act to impose an additional 10% tariff on all exports to the United States worldwide. He then said on the 21st that he would raise the rate to as high as 15%. In addition, the Trump administration is reportedly exploring further tariff mechanisms using Section 301 of the Trade Act and Section 232 of the Trade Expansion Act, among others. In a state-of-the-nation address held that day, Trump said, "The tariff threat is a measure to save the United States," adding, "A fully approved alternative is under review. Congressional action will not be necessary." Some argue that the ruling has actually become a negative for the crypto market by amplifying uncertainty. Ryan Lee, chief analyst at Bitget, said, "Risk-off sentiment is spreading through the market due to factors including tariff uncertainty and geopolitical tensions," adding, "This is thinning liquidity in the crypto market." CoinDesk, a crypto-focused outlet, also said, "The crypto market is now tightly linked to macroeconomic news," adding, "Until tariff policy becomes clearer, it is likely to move in line with shifts in risk-asset sentiment." Concerns over ‘lame duck’ risks for the Trump administration add to headwinds The political fallout from tariffs is another variable. If President Trump’s political clout weakens—having positioned himself as "pro-crypto" since his days as a presidential candidate—it could affect momentum for crypto-related policy initiatives and, by extension, the market. Yang said, "Given that President Trump has, to some extent, driven crypto policy, a drop in approval ratings could raise fears of an early lame-duck period (a loss of political leverage), which could weigh on prices." In particular, with high inflation in the U.S. recently putting downward pressure on Trump’s approval ratings, some forecasts say a Republican loss to Democrats in the November midterm elections could accelerate lame-duck dynamics for the Trump administration. As of that day, decentralized prediction market Polymarket shows overseas bettors placing the probability that Democrats will take control of both the House and the Senate in the November U.S. midterm elections at 40%. By contrast, the probability that Republicans will control both chambers stands at a relatively low 17%. The Wall Street Journal (WSJ) said, "This ruling will have broad spillover effects," adding, "It could deal a significant blow to President Trump, who has shored up his political standing through aggressive use of tariffs." In a recent Washington Post poll, 64% of respondents said they "do not support President Trump’s tariff policy."

The Bank of Korea has decided to keep its policy rate at 2.50% a year. After cutting the benchmark rate by 0.25% percentage point from 2.75% a year in May last year, it has now opted for a sixth consecutive hold. The decision is seen as reflecting a reduced need for rate cuts to support the recovery after the central bank raised its growth outlook this year, while also taking into account lingering factors that could weigh on financial stability, including the exchange rate and household debt. The move aligns with the results of a survey conducted earlier by The Korea Economic Daily’s Hankyung Economist Club, in which all 20 experts predicted the rate would be left unchanged. Lee Nam-kang, an economist at Korea Investment Holdings, cited the "possibility that this year’s growth outlook could be revised upward" and said, "Given macroeconomic conditions and the state of financial stability, there is very little incentive to cut the policy rate." Reporter Kang Jin-gyu josep@hankyung.com

The United States will impose tariffs of 15% or more on some countries. The countries subject to tariffs of 15% or more were not disclosed. According to Reuters on the 25th (local time), U.S. Trade Representative (USTR) Jamieson Greer said in an interview with Fox Business that day, “We are currently imposing a 10% tariff,” adding, “For some countries, (the tariff rate) will rise to 15%, and for other countries it could be higher.” Greer added, “This will be at a similar level to the types of tariffs we’ve seen so far.” He also mentioned tariffs on China, which U.S. President Donald Trump is set to visit. Greer said, “We have no intention of raising tariffs on Chinese goods above current levels.” President Trump plans to visit China from late next month to early April this year. Earlier, on the 20th, President Trump newly imposed a 10% global tariff following a U.S. Supreme Court ruling that reciprocal tariffs were unlawful. The new tariff proclamation signed by Trump took effect on the 24th, U.S. Eastern Time. However, just one day after signing the proclamation, on the 21st, President Trump said he would raise the 10% tariff rate by 15%. At the time, he specified the 15% tariff would apply “Worldwide.” In the interview that day, Greer effectively corrected this, saying that tariffs of 15% or more would apply to “some countries.”

The United States will impose tariffs of 15% or more on some countries. The countries subject to tariffs of 15% or more were not disclosed. According to Reuters on the 25th (local time), U.S. Trade Representative (USTR) Jamieson Greer said in an interview with Fox Business that day, "We are currently imposing a 10% tariff," adding, "For some countries, (the tariff rate) will rise to 15%, and for other countries it could go higher." Greer added, "This will be similar to the kinds of tariffs we have seen so far." He also mentioned tariffs on China, which U.S. President Donald Trump is preparing to visit. Greer said, "We have no intention of raising tariffs on Chinese products above the current level." President Trump plans to visit China from late next month to early April. Previously, on the 20th, President Trump newly imposed a 10% global tariff following the U.S. Supreme Court ruling that reciprocal tariffs were illegal. The new tariff proclamation signed by President Trump took effect on the 24th, based on U.S. Eastern Time. However, just one day after signing the proclamation—on the 21st—President Trump said he would raise the 10% tariff rate to 15%. At the time, President Trump specified the 15% tariff target as 'Worldwide.' In the interview that day, Greer effectively corrected this by saying that the target for tariffs of 15% or more was 'some countries.'

US spot Bitcoin (BTC) exchange-traded funds (ETFs) posted net inflows. According to data compiled by trader T on the 24th (local time), total net inflows into spot Bitcoin ETFs came to $257.29 million on the day. Inflows were concentrated in products from major asset managers. BlackRock’s IBIT took in $78.52 million, while Fidelity’s FBTC saw $82.81 million in inflows. ARK Invest’s ARKB recorded $71.14 million, and Bitwise’s BITB logged net inflows of $3.50 million. VanEck’s HODL received $12.76 million, and Grayscale’s Mini BTC took in $8.56 million. By contrast, there were no flows in or out of Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, WisdomTree’s BTCW, or Grayscale’s GBTC. With Bitcoin prices continuing to swing in the mid-$60,000 range, ETF fund flows are acting as a short-term supply-and-demand driver.

As U.S. President Donald Trump reaffirmed his resolve to tighten tariffs, waning expectations for additional rate cuts are deepening a wait-and-see mood in Bitcoin (BTC) as well. Analysts say that with continued outflows from spot ETF funds, the path toward further declines or a rebound could hinge on whether the $60,000 level holds. As of 17:20 on the 25th, Bitcoin was trading at $65,184 on Binance’s USDT market, up 3% from the previous day. At the same time, it was changing hands at 94.77 million won on Upbit’s KRW market. The “kimchi premium,” which indicates the price gap between overseas and domestic exchanges, stood at about 1.39%. Trump reaffirms tariff tightening and hardline stance abroad Recently, global equity and crypto (digital asset) markets have remained in a holding pattern as investors look to confirm the direction of U.S. policy and the path of monetary policy, even as some concerns surrounding the artificial intelligence (AI) industry have eased. In his State of the Union address, Trump reaffirmed an America First agenda and a tough tariff stance. On the 24th (local time; 25th Korea time), in his first State of the Union address of his second term, President Trump described the Supreme Court’s ruling that reciprocal tariffs are illegal as “a very regrettable decision,” while saying that “nearly all countries and companies want to keep the existing agreements.” Stressing he would maintain the policy through alternative means, he added, “Tariffs going forward will be stronger than before.” The administration is considering using provisions such as Sections 122 and 301 of the Trade Act and Section 232 of the Trade Expansion Act instead of the International Emergency Economic Powers Act (IEEPA). On the U.S. economy, he claimed that “America has come back stronger than ever.” He added, “Over the past 12 months, we brought core inflation down to its lowest level in about five years, and in the last three months of last year it fell to 1.7%,” highlighting progress on price stability. At the same time, on Iran, he warned, “If necessary, we will not hesitate to confront threats aimed at the United States,” also hinting at the possibility of a military response. Markets are still leaning toward caution on monetary policy. As of 17:00, the CME FedWatch showed the futures market pricing in a 98% probability that the policy rate will be left unchanged in March. Minutes from the January FOMC meeting, released earlier, cited a two-way rate path—leaving open the possibility of additional tightening depending on the pace of disinflation, while also not ruling out a pivot to easing depending on economic conditions. As a result, risk-off sentiment has not been quick to fade. ETF outflows and defensive on-chain signals…mixed supply-demand indicators Last week (17th–20th), U.S. Bitcoin spot ETFs recorded net outflows totaling $315.9 million (about 451.4 billion won), extending the withdrawal trend. With net outflows persisting for five consecutive weeks, it marks the longest stretch of fund outflows since February last year. As of today, total net assets in Bitcoin spot ETFs stand at about $84.3 billion, down to about half their peak from October last year. Major on-chain indicators remain in a defensive phase. On the 25th, on-chain analytics firm Glassnode said “spot, derivatives, ETF and broader on-chain indicators are maintaining a defensive posture, and investor participation is relatively low.” It added, “The realized profit/loss ratio has recently fallen below 1, entering an over-realized-loss phase.” The realized profit/loss ratio indicates whether market participants are realizing profits or selling at a loss; readings below 1 imply a regime in which loss-taking dominates. Glassnode, however, noted that “in past cases where this phase persisted for more than six months, rebounds tended to appear alongside a recovery in liquidity.” Meanwhile, accumulation is also being observed at lower price levels. Crypto-focused media outlet CoinDesk reported on the 24th that “around 429,000 BTC were newly purchased in the $60,000–$70,000 range, increasing holdings formed in that band by 43% from the start of the year.” This suggests that as coins change hands during the correction, a medium- to long-term support zone could form. Some analysts also argue the recent decline is gradually moving into a stabilization phase. Global crypto exchange Bitfinex said, “As volatility compresses, the market is transitioning from a liquidation-driven plunge phase to a more balanced phase,” adding that “a significant portion of the selling has been absorbed in the $60,000–$69,000 demand zone.” However, it cautioned that “institutional flows remain cautious,” and that “Bitcoin is likely to remain range-bound unless sustained accumulation returns.” In particular, regulatory uncertainty is also being cited as a factor restraining investor sentiment. The CLARITY Act, legislation related to the structure of the crypto market, has run into headwinds in the U.S. Congress, reducing policy visibility. Some observers say that if the bill is not passed within the second quarter—before the U.S. midterm election cycle fully ramps up—crypto weakness could be prolonged. With internal demand weakening, correlations with traditional financial assets have also noticeably declined. On-chain analytics firm Santiment said, “Since late August last year, gold has gained 51% and the S&P 500 has risen 7%, while Bitcoin has fallen 43%,” adding that “this is the lowest correlation level since late 2022.” It added, however, that “there have been cases in the past where, after correlations dropped sharply, Bitcoin re-tracked the equity-market move and shifted into a rebound phase.” This is interpreted as suggesting that capital flows could be recalibrated after a short-term divergence. Bitcoin’s $60,000 inflection point…analysts say it’s 'too early to call a bottom' Analysts say Bitcoin is at a crossroads between further declines and a technical rebound at a key price zone. In the near term, whether it can defend the $60,000 line is being cited as a key variable. Aayush Jindal, a researcher at NewsBTC, said, “If Bitcoin fails to break above the $66,600 area in the short term, selling pressure could persist.” He added that “a short-term support is forming near $65,000,” and that “$64,200 and $62,500 are additional support zones; if those break, a pullback to $61,200 is possible.” He noted, however, that “if it breaks above $66,600, the rebound could extend to $68,000 and the $70,000 level.” Rakesh Upadhyay, a researcher at Cointelegraph, said, “If Bitcoin fails to reclaim $70,185, which is cited as a short-term support level, downside pressure could strengthen again,” adding that “if a daily close forms below $60,000, a path opens for additional downside to $52,500.” He added that “conversely, if it breaks above $70,185, a medium-term rebound could extend to $74,508.” Caution is also growing that it is premature to say the market has entered a definitive bottoming zone. Alex Kuptsikevich, chief analyst at FxPro, said, “Bitcoin’s move back to $63,000 doesn’t feel like the bottom of this decline,” adding that “if it fails to stage a meaningful rebound from current levels, there remains a potential risk of an additional decline of about 25% down to the 2023 accumulation zone.” He added, “True capitulation (mass selling) has not yet appeared,” and that “unless a sharp deterioration in sentiment accompanied by panic selling is confirmed, it is still difficult to conclude that a bottom has formed.” Kang Min-seung, BloombergBit reporter minriver@bloomingbit.io

President Donald Trump said he will never allow Iran to possess nuclear weapons, while stressing approval of a defense budget of more than $1 trillion. In an address to the nation on the 24th (local time), Trump said, “We will pursue peace where possible, but we will not hesitate to confront threats.” He emphasized, “For decades, the United States has maintained a policy of never allowing Iran to obtain nuclear weapons.” He went on to claim that Iran is attempting to develop missiles capable of reaching the U.S. mainland and rebuild its nuclear weapons program, saying, “We warned them about this, and they will never be able to have nuclear weapons.” Trump also reaffirmed that he would prioritize a diplomatic solution. “Our objective is to resolve this issue through diplomacy. Negotiations are still ongoing,” he said, adding, “We will never allow the world’s largest state sponsor of terrorism to have nuclear weapons.” He added, “That must never happen.” He also referenced strengthening military power, saying he had approved a budget of more than $1 trillion. “We have no choice but to be strong,” he said. “I hope we won’t have to use this great strength, but this is peace through strength, and it will work very effectively.”

President Donald Trump touted the Dow’s move above 50,000 as a key achievement, stressing the effects of his tax-cut agenda and tariffs. In a state-of-the-nation address on the 24th (local time), Trump criticized Democrats for pushing tax increases, saying, "Republicans have decided not to raise taxes in a range of areas, including Social Security." He said the “beautiful bill” expanded tax deductions and advanced tax benefits for U.S.-made products. He also emphasized that he did not levy taxes on tips and overtime pay and expanded support for child-care costs to reduce household burdens. He claimed, "American families will be able to take home more than $5,000 a year in additional income." "We are fighting for our citizens," Trump said, adding, "We will make sure every parent can raise their children well." He continued, "No one believed me, but I believed in myself." On economic performance, he said, "The Dow has surpassed 50,000," attributing the milestone to the impact of tariff policy. He argued that "tariffs helped across the board, in both the economy and national security," saying tariff revenue accelerated the pace of paying down U.S. government debt and delivered a faster-than-expected economic rebound. Addressing controversy surrounding the tariff policy, he cited 22 Nobel Prize-winning economists and an unlawful ruling by the U.S. Supreme Court, but said, "Companies still want to continue economic cooperation with the United States." He stressed, "Without the tariff policy, it would have been difficult to achieve these results." Trump said he would pursue even stronger policies going forward, adding, "Over time, tariffs will become a tool that can replace more of the income tax."

This is a push abandonment test 2

en

haha

Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!Hello!!!