TokenPost
Hello. This is the TokenPost podcast. Are you wrapping up your day well? We hope you spend a comfortable time with us on your way home from work. Today, we'll take a look at the cryptocurrency market news on June 26th. We've prepared market trends and major news that you should definitely know. Let's first touch on the overall market situation. How was it today? It was generally mixed, right?
Host
Yes, that expression is exactly right. The movements of major assets were quite different. First, looking at Bitcoin BTC, it rose about 1.29% from the previous day. So it's being traded at around 146 million won.
TokenPost
Ah, Bitcoin rose a bit at 146 million. How about Ethereum?
Host
Ethereum also rose similarly. It went up about 1.76% to around 3.37 million won. It's somewhat positive that the market's leading players rose together.
TokenPost
That's right. Then how were other major coins like Ripple or Solana? Was the atmosphere different on the alt side?
Host
Yes, it was a bit different. Ripple XRP was almost flat at 0.16%.
TokenPost
There was almost no change.
Host
Yes, but Solana, on the contrary, dropped a bit. It fell by more than 1%, at 1.01%. So among top altcoins, there were mixed ups and downs.
TokenPost
The trend is a bit different. Definitely.
Host
Yes, so Bitcoin market dominance increased to 64.8%, and Ethereum's share also exceeded 9%.
TokenPost
It seems funds are flowing a bit towards geoCoin.
Host
Yes, the total cryptocurrency market capitalization is being calculated at around 4,482 trillion won.
TokenPost
We've summarized the market trends. Now let's move on to some notable news. Which story would you pick as the most interesting today?
TokenPost
Ah, Nanolabs
Host
The company secured Bitcoin through its first investment round. Quite a large amount of 600 BTC, which is about 63.6 million USD
TokenPost
63.6 million dollars is really substantial. Wow, Nanolabs continues to invest in Bitcoin.
Host
That's right. The company had previously announced plans to continue buying and holding Bitcoin for the next 5 years.
TokenPost
Yes, I remember.
Host
By adding 600 BTC this time, their total holdings have increased to 1,000 BTC.
TokenPost
Ah, total BTC. Wow.
Host
Yes, this is a good example showing that companies continue to buy Bitcoin.
TokenPost
Rather than simple investment, is it a more long-term perspective, perhaps asset diversification or even technological relevance?
Host
That's entirely possible. And this movement is not just with Nanolabs. Another news today was about the Japanese listed company Metaplanet.
TokenPost
Metaplanet again
Host
Yes, they also additionally purchased Bitcoin, bringing their total holdings to 12,345 BTC.
TokenPost
That's quite a lot.
Host
This shows that companies are not just seeing Bitcoin as a short-term investment target, but as a long-term value storage method or strategic asset.
TokenPost
Corporate movements are definitely more proactive. But on the other hand, government regulatory movements are also accelerating. There was news about the Hong Kong government.
Host
Yes, the Hong Kong government issued its second policy statement regarding digital assets, announcing plans to create a unified regulatory framework.
TokenPost
A unified regulatory framework. I guess it's to increase stability.
Host
Yes, it seems to be an effort to find a balance between investor protection and industry innovation.
TokenPost
What about the domestic situation? There was also talk about stablecoins.
Host
Ah yes, domestically, the Democratic Party is preparing legislation led by the Ministry of Economy and Finance and the Bank of Korea regarding won-based stablecoins.
TokenPost
Yes, the one linked to the won
Host
Yes, news was shared that they are preparing legislation. This can be seen as a movement to bring it into the institutional realm.
TokenPost
I see. The trend is that companies are buying, and governments are strengthening management and supervision.
Host
Yes, but of course, darker aspects continue to emerge. There was news that prosecutors seized virtual assets used in illegal foreign exchange transactions, amounting to about 4.4 billion won.
TokenPost
Such problems continue to occur.
Host
That's right. So to summarize, today's news seems to be in two main streams: companies' proactive Bitcoin adoption movement, and on the other hand, government institutionalization and regulatory strengthening movements
TokenPost
These two things are happening simultaneously.
Host
Yes, these can be seen as attempts to leverage the potential of technology while managing its risks.
TokenPost
Today, we had a variety of discussions from technology investment to government regulations and stablecoin discussions.
Host
Especially, we should continue to pay attention to the steady Bitcoin acquisition news from companies like Nanolabs and Metaplanet, as well as the regulatory and institutional movements of the Hong Kong and Korean governments.
TokenPost
In this flow, we need to continue observing what role digital assets will play in our economy and society.
Host
Yes, that's right. I'm curious how you viewed today's news. Taking a step further, how will these two forces - the companies' inclusive movements and government regulations - interact in the future? They might collide or create unexpected synergies. Why not think about where the most notable point will be in the next year?
TokenPost
This is all we have prepared today. This concludes the TokenPost podcast. Thank you.
