CoinNess Global

[Anonymous whale liquidated on $32.6M BTC short as rally extends] An anonymous whale whose wallet address begins with 0xc3ed was liquidated four times in 14 hours as Bitcoin continued to rise. The liquidated short positions totaled 375.8 BTC, worth about $32.55 million. https://coinness.com/en/news/1169454

[Anonymous whale withdraws $20M in ETH from Binance again] An anonymous whale address beginning with 0x4cee withdrew another 7,216 ETH worth $19.97 million from Binance an hour ago, according to on-chain analyst ai_9684xtpa. Exchange outflows are typically interpreted as a sign of holding. The address has withdrawn a total of 14,783 ETH worth $39.9 million since yesterday at an average price of about $2,699.44, with unrealized gains currently estimated at about $720,000. According to ai_9684xtpa, the address previously posted $3.666 million in profit from ETH trades in August. https://coinness.com/en/news/1169453

[Arthur Hayes says slower U.S. AI growth would be bullish for BTC] BitMEX co-founder Arthur Hayes argued that a slowdown in the U.S. AI industry would ultimately support Bitcoin by expanding the money supply. In a blog post, Hayes said weaker demand for AI computing could expose debt risks tied to data centers, raising the likelihood that the U.S. government would inject liquidity either to support the AI industry or to bail out insurers exposed to bad assets. In either scenario, Hayes said, the U.S. would end up printing money, which would lift BTC and some altcoin prices. https://coinness.com/en/news/1169452

[Bithumb to support USDC deposits and withdrawals on Arc] South Korean exchange Bithumb announced it will begin supporting multi-chain deposits and withdrawals for USD Coin (USDC) on the Arc network at 2:00 a.m. UTC today. Arc is the newly added network. https://coinness.com/en/news/1169451

[AWS hires in Seoul to support RWA tokenization at South Korean banks, brokerages] Amazon Web Services is recruiting specialists in Seoul to support real-world asset tokenization and digital-asset businesses at South Korean financial institutions, including banks and securities firms, Digital Asset reported. According to an AWS job posting, AWS Korea is hiring an "Industry Specialist, Capital Markets and Banking" for a Seoul-based role. The position will work with digital-asset leaders at domestic financial institutions and help apply blockchain and distributed ledger technology, or DLT, to capital markets and banking operations. https://coinness.com/en/news/1169450 See more: https://www.digitalasset.works/news/articleView.html?idxno=43167

[U.S. prosecutors probe whether Binance violated Iran sanctions] U.S. federal prosecutors are investigating whether Binance violated sanctions on Iran by failing to block some Iran-linked transactions, Bloomberg reported. The probe is being led by federal prosecutors in Manhattan, New York, with participation from the U.S. Department of Justice's criminal division. Authorities are examining whether Binance knowingly allowed the transactions, according to the report. Binance said it applies a zero-tolerance policy to sanctions violations and is fully cooperating with law enforcement. It remains unclear whether the investigation will lead to charges. https://coinness.com/en/news/1169449

[Bitmine-linked address withdraws $34.6M in ETH from Kraken] A Bitmine (BMNR)-linked address withdrew about 12,500 ETH worth $34.56 million from Kraken today, according to Onchain Lens. Exchange withdrawals are typically interpreted as a sign of intent to hold, and the same address also withdrew 20,000 ETH worth $48.89 million from Kraken three weeks earlier. https://coinness.com/en/news/1169448

[Ruling party lawmaker calls for delay to South Korea’s digital asset tax] A ruling Democratic Party lawmaker has publicly called for delaying South Korea’s planned digital asset tax, arguing the government is not ready to implement it fairly, Edaily reported. Min Byoung-dug, senior deputy chair of the Democratic Party’s policy committee, said in a Facebook post today that taxation should begin only after passage of a basic law on digital assets. Min said South Korea should avoid criticism that its laws move slowly while taxation moves quickly, adding that proper taxation requires a system capable of collecting taxes fairly and that the necessary groundwork is not yet in place. According to Edaily, this is the first time a ruling party figure has openly raised the need for a tax delay, drawing attention to its potential political impact. https://coinness.com/en/news/1169447 See more: https://www.edaily.co.kr/News/Read?newsId=03106166645582744&mediaCodeNo=257&utm_source=naver&utm_medium=referral&utm_campaign=news_syndication&utm_content=original_article

[Stacks co-founder says Korea is key retail market for STX] Muneeb Ali, co-founder of Bitcoin layer-two platform Stacks (STX), said South Korea is a major market for STX, particularly for retail investors, and that he plans to continue engaging with the Korean Telegram community. In a post on X, Ali said, "한국은 스택스에 큰 시장이며 특히 개인투자자 비중이 크다. 현재 한국 텔레그램 그룹에서 활동하고 있으며 다른 지역 커뮤니티와의 접점도 넓히고 싶다. 회사는 비트코인 본드(Bitcoin Bonds) 출시를 계기로 기관 시장 공략에 집중하고 있으며 기관 투자자와의 소통을 위해 내 X 계정명에서 '.btc'를 한시적으로 제외하고 본명을 사용하는 방안도 검토 중". Ali currently uses muneeb.btc as his X handle. https://coinness.com/en/news/1169446

[Altcoin season signal flips as broader market uptrend spreads] Cointelegraph said on X, citing Glassnode data, that the altcoin cycle indicator has shifted from Bitcoin season to altcoin season. According to the data, the seven-day average altcoin cycle signal recently moved above the baseline and entered altcoin season territory. In past periods within that range, altcoins tended to show relatively stronger performance than Bitcoin. https://coinness.com/en/news/1169445

[Kakao Pay, KakaoBank partner with Fireblocks on digital asset infrastructure] Kakao Pay and KakaoBank said today they signed an MOU with global digital asset infrastructure firm Fireblocks to build digital asset infrastructure in South Korea. The three companies will explore business opportunities based on conditions in South Korea’s digital asset market and demand for related infrastructure, according to News1. They will also seek digital asset distribution solutions centered on stablecoins that fit the domestic regulatory environment, security systems and service conditions. https://coinness.com/en/news/1169444 See more: https://www.news1.kr/it-science/internet-platform/6298436

[Genius to standardize launchpad token contract addresses with '6666' suffix] Genius said on X that all tokens issued going forward on its Genius.fun launchpad will use contract addresses ending in "6666." The move will let users identify from the address alone whether a token was created on the Genius launchpad. Genius also said the number six symbolizes luck and smooth progress in Chinese culture and also represents the letter G for Genius. https://coinness.com/en/news/1169443

[BTC falls below $86,000] According to CoinNess market monitoring, BTC has fallen below $86,000. BTC is trading at $85,991.37 on the Binance USDT market. https://coinness.com/en/news/1169442

[Early Ethereum investor buys back $23.7M in ETH] An early Ethereum investor bought 8,630.6 ETH worth $23.726 million, AmberCN reported. The whale sold 11,552 ETH at $2,027 apiece about six months ago, and despite redeploying a similar amount of capital, secured about 2,921 fewer ETH this time as the price had risen. https://coinness.com/en/news/1169441

[BTC could hit a new high this year as long-term holder selling eases] DeFi analyst Ignas said long-term Bitcoin holder selling pressure has fallen sharply, adding that it would not be surprising if BTC breaks its record high of $126,000 this year. In a post on X, Ignas reproduced the English phrase "2024~2025" and said more than $104 billion worth of BTC that had not moved for over five years at the time, or at least 5% of total market capitalization, was moved or sold during that period. Ignas added that long-term whale selling above $100,000 had continued to cap further gains, but much of that overhang has now passed. Galaxy Digital Head of Research Alex Thorn pushed back on that view, saying Ignas' chart is dollar-denominated and that the picture looks somewhat different when measured by BTC volume and coin age. Thorn said long-term holder transfers have always occurred and that, at the current pace, 2026 transfer volume would be about half the 2025 level. https://coinness.com/en/news/1169440

[CoinMarketCap altcoin season index rises 1 point to 50 from yesterday] CoinMarketCap’s altcoin season index came in at 50, up one point from yesterday. The index is calculated by comparing the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins. A market is considered to be in altcoin season when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days, and in Bitcoin season in the opposite case. A reading closer to 100 indicates a stronger altcoin season. https://coinness.com/en/news/1169439

[BTC tops $86K, hits 8-month high as leverage returns after short squeeze] Bitcoin rose to $86,000, its highest level in eight months, while new leverage has been flowing quickly into the futures market after a large-scale short squeeze, CoinDesk reported. According to the report, about $750 million in short positions were liquidated after BTC broke above $82,000, a level that had acted as resistance since August. Open interest also rose faster than Bitcoin’s price, and roughly $2 billion in new leveraged positions was added after the breakout. Nansen Chief Analyst Nicolai Sondergaard said BTC had climbed quickly, but investor positioning had not yet shifted enough toward a bullish stance. He added that for the rally to continue, the market needs to confirm whether spot and ETF inflows remain steady. Without spot demand to support the move, a rapid buildup in leverage could erase some of the gains if Treasury yields rise or geopolitical shocks emerge, he said. Sondergaard pointed to $87,000 and $90,000 as the next key price levels. https://coinness.com/en/news/1169438

[AhnLab Blockchain Company launches 'TRUSS' digital asset platform] AhnLab Blockchain Company (ABC), AhnLab’s digital asset infrastructure subsidiary, has launched TRUSS, an enterprise digital asset platform that can be deployed directly on financial institutions’ internal networks, Digital Asset reported. ABC said TRUSS is an on-premises platform that integrates key management, approval policies, and transaction data management into a single system for financial institutions’ digital asset businesses. https://coinness.com/en/news/1169437 See more: https://www.digitalasset.works/news/articleView.html?idxno=43162

[Vitalik says Trueo is an ethical platform as it migrates to Ethereum] Decentralized prediction market Trueo has announced a migration from the Base network to the Ethereum mainnet, drawing a positive assessment from Ethereum co-founder Vitalik Buterin. According to Cointelegraph, Buterin said Trueo is ethical and differs from low-quality services churned out by companies for commercial purposes. https://coinness.com/en/news/1169436

[Crypto fear and greed index rises 7 points to 79, greed persists] CoinMarketCap’s in-house crypto fear and greed index rose seven points from yesterday to 79, remaining in greed territory. A reading closer to zero indicates extreme fear in the market, while one closer to 100 signals extreme optimism. CoinMarketCap calculates the index based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market data including the put/call ratio, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data. https://coinness.com/en/news/1169435