Search results for "LEE"
15:35

Ethereum co-founder Joseph Lubin: ETH may rise 100 times in the future and surpass BTC.

Ethereum co-founder Joseph Lubin stated that Wall Street will actively participate in the Ethereum ecosystem, driving the transformation of TradFi towards Decentralization. He expects that the price of Ethereum may rise significantly and surpass Bitcoin. His views are similar to those of Tom Lee, but he believes that Lee's expectations are not optimistic enough.
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ETH-1.26%
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07:20

The South Korean stock market ended a four-month rise due to concerns over market reforms.

Jin10 data reported on August 29, South Korea's stock market ended a four-month rise on Friday, which was driven by hopes for market reforms under the new government leadership. The KOSPI index closed down 10.31 points (0.32%) at 3186.01, a cumulative decline of 1.83% this month. The index has still risen over 30% this year to date, making it the best-performing index among emerging markets in Asia. The index began to rebound in April after the former South Korean president was dismissed for attempting to implement martial law in December to resolve political uncertainty. South Korean President Lee Jae-myung's commitment to market reforms has pushed it to its highest level in four years. However, following the government's proposal to increase taxes on stock investments at the end of July, investor skepticism has increased. New Korea Securities analyst Lee Jae-won stated, "If the government changes its policy, after this month's range fluctuation trend, the KOSPI index will be able to..."
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02:28

South Korea plans to issue a record amount of government bonds in 2026 for budget financing.

Jin10 data reported on August 29 that South Korean officials stated that South Korea will issue a record 232 trillion won in bonds by 2026 to fund President Lee Jae-myung's expansionary fiscal agenda, with government spending expected to rise by 8.1% compared to this year. Of the total, 115.7 trillion won will be new net issuance of bonds. The government originally planned to issue 201.3 trillion won in national bonds this year, but after two supplementary budgets, the scale of bond issuance has increased to 231.1 trillion won. In addition to national bonds, South Korea will also seek parliamentary approval in 2026 to issue 1.4 billion dollars in offshore bonds and 13.7 trillion won in domestic currency-denominated forex stabilization bonds. The scale of national bonds is basically in line with strategists' expectations. Previously, iM Securities predicted an issuance scale of around 233 trillion won, while Citigroup's forecast was around 220 trillion won.
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04:32

Tom Lee may need to purchase an additional approximately 4.3 million ETH to achieve the target holdings of "5% Ethereum supply".

PANews reported on August 28 that according to CryptoISO's analysis, Tom Lee currently holds 1.7 million ETH, and to reach the target of holding 5% of the supply, he needs to purchase an additional approximately 4.3 million ETH. At the current price, this transaction will cost approximately $19.5 billion, and when the ETH price approaches $4,200, this cost will drop to around $18.2 billion. With the estimated daily trading volume of ETH ranging from $30 billion to $50 billion, although the purchases will be made in a dispersed manner, they may provide support for the price.
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ETH-1.26%
03:55

Tom Lee predicts Bitcoin will reach $1,000,000, with a target price of $60,000 for ETH.

Tom Lee predicts that crypto assets will become the core of the new financial system, with Bitcoin rising to $1 million and an ETH target price of $60,000. He believes that the influx of institutional funds will support the market, stablecoins may provide support for finances, and emphasizes that AI and financial innovation will drive the practical application of crypto assets.
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BTC-0.67%
ETH-1.26%
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02:59

Story co-founder S.Y Lee: I am the project initiator and final decision-maker, while Jason Zhao is more like the company facade.

Odaily News Story co-founder and CEO S.Y Lee today accepted an exclusive interview with the famous encryption podcast The Rollup. In the interview, S.Y Lee stated: "I am the project initiator, I set the vision, assembled the team, raised funds, and I am the final decision-maker. Jason (another co-founder who recently announced his resignation) focused on protocol design and took on more market promotion work, such as participating in podcasts and public speaking. Next, I will also participate more in podcasts and interviews, gradually taking on this part of the role. Jason was more like the face of the company before. The outside world may think that Jason is the founder and brand representative, while I am like a shadow founder behind the scenes; many people have not truly understood this." Previously, news reported that Story co-founder Jason.
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01:37

The Korean Central News Agency condemns Lee Jae-myung's remarks during his visit to the U.S., reiterating that North Korea's nuclear policy remains unchanged.

Jin10 data reported on August 27th that the Korean Central News Agency published a commentary article on August 27th, condemning South Korean President Lee Jae-myung. The article states that during his visit to the United States, South Korean President Lee Jae-myung made statements on the 25th such as "the modernization of the ROK-US alliance will be achieved as the security environment changes" and "the ROK and the US will respond strongly to provocations from North Korea." The article claims that although South Korea has undergone more than a dozen regime changes, the anti-North Korea tone has not changed at all, and Lee Jae-myung's administration is no exception. Lee Jae-myung's remarks abroad prove that the North's understanding and judgment are correct, and South Korea's attempts to confront North Korea will never change. North Korea will never give up its national dignity and system—the position on nuclear weapons is absolutely unchanged. South Korea still harbors erroneous expectations regarding "denuclearization," which is an extremely absurd delusion.
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00:45

Lee Jae-myung: South Korea will play a leading role in maintaining security on the Korean Peninsula.

Jin10 Data, August 26 - On August 25, local time, South Korean President Lee Jae-myung, who is visiting the United States, stated during a speech that South Korea will play a leading role in maintaining security on the Korean Peninsula and will increase defense spending. Lee Jae-myung mentioned that the increased defense budget will be used to introduce cutting-edge science and technology and assets. Regarding the security issue on the Korean Peninsula, Lee Jae-myung called for Trump to meet with North Korean Supreme Leader Kim Jong-un. Trump responded by saying that meeting with Kim Jong-un is "a very good thing," and the U.S. side will promote relevant work, believing that the U.S. and South Korea can make significant progress on Peninsula affairs. After the meeting, Trump told reporters that he hopes to meet with Kim Jong-un within this year and emphasized that both sides maintain a good relationship.
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TRUMP11.98%
19:34

Trump said he does not mind renegotiating the US-Korea trade protocol.

Jin10 reported on August 26 that on August 25, local time, U.S. President Trump met with South Korean President Lee Jae-myung at the White House. Trump stated that he does not mind renegotiating the trade agreement with South Korea and is considering ordering some ships from South Korea. Previously, the U.S. and South Korea reached a trade agreement. According to the agreement, South Korea will provide the U.S. with $350 billion for investment projects owned and controlled by the U.S.
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TRUMP11.98%
01:32

The leaders of South Korea and Japan issued a joint press release emphasizing the steady advancement of bilateral relations.

South Korean President Lee Jae-myung and Japanese Prime Minister Shingo Nishida held talks in Tokyo on August 23, releasing a joint press statement, marking the first time in 17 years that South Korea and Japan have publicly announced the results of talks in this manner. Both sides agreed to resume "shuttle diplomacy" and steadily advance bilateral relations, including cooperation in security, hydrogen energy, and artificial intelligence, as well as expanding personnel exchanges.
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10:56

The leaders of Japan and South Korea have confirmed the expansion of the working holiday visa system.

Jin10 reported on August 23 that on the evening of August 23 local time, Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung held a joint press conference after their talks. Both sides agreed to strengthen strategic communication in the fields of security and economy, and to promote cooperation in cutting-edge areas such as hydrogen energy and artificial intelligence. At the same time, the two leaders confirmed that they would expand the working holiday visa system.
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14:58

Tom Lee cited his prediction of "rise on Friday": Powell's speech was interpreted as "dovish", Favourable Information for encryption.

BlockBeats news, on August 22, Tom Lee posted on the X platform stating that Powell's speech was interpreted as "dovish," which was in line with expectations and favourable information for encryption (BTC, ETH). In the tweet he referenced, Tom Lee predicted on August 19 that in conversations with institutional investors, more people expected Fed Chairman Powell to lean towards "hawkish" because he did not want to be forced to cut interest rates. Since this is the "basic situation," his statement is likely to be viewed as "dovish." This means that the stock market may pump on Friday after the Jackson Hole event.
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BTC-0.67%
ETH-1.26%
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03:33

South Korean media: Lee Jae-myung meets Bill Gates

Jin10 Data, August 21 - According to Yonhap News Agency, South Korean President Lee Jae-myung met with Bill Gates, the founder of Microsoft, at the Blue House on the 21st. The report states that this is Bill Gates' first visit to South Korea in three years since 2022. On that day, Lee Jae-myung expressed deep respect for the philanthropic work that Bill Gates has done for the Earth and humanity, and the South Korean government will also make every effort to find ways to participate together. Bill Gates stated that the foundation will allocate approximately $200 billion over the next 20 years, focusing on global health, "South Korea can play a central role in this." Yonhap News Agency mentioned that Bill Gates will also participate in the recording of a popular variety show in South Korea during this visit.
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06:10

Korean media: Lee Jae-myung plans to send a special envoy to visit China.

South Korean President Lee Jae-myung plans to send a delegation to China around August 25, which may include former National Assembly Speaker Park Byeong-seok and Democratic Party lawmaker Kim Tae-nyeon, to commemorate the anniversary of diplomatic relations between South Korea and China. This move reflects Lee Jae-myung's emphasis on South Korea-China relations.
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12:06

MEI Pharma announced the acquisition of 929,548 LTC, with a total value of approximately 110 million USD.

Golden Finance reports that MEI Pharma has announced the acquisition of 929,548 Litecoins (LTC), with an average purchase price of $107.58, totaling approximately $110 million. The company becomes the first publicly listed company in the United States to use Litecoin as a primary reserve asset. In addition, MEI Pharma has launched a $100 million institutional treasury strategy in collaboration with Litecoin founder Charlie Lee and GSR.
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LTC-2.72%
12:00

MEI Pharma Expands into Crypto with $100M Litecoin Treasury Strategy

Gate News bot message, MEI Pharma has announced its acquisition of Litecoin (LTC) as part of a $100 million institutional treasury strategy. The pharmaceutical company is receiving strategic guidance from Litecoin founder Charlie Lee and digital asset trading firm GSR for this cryptocurrency initiat
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LTC-2.72%
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10:45

Bitmine Chairman of the Ethereum Treasury: Wall Street is "quietly" buying crypto assets, and ETH may rise to $15,000.

Tom Lee, chairman of the Ethereum treasury company, stated that despite the market rebound, investors still do not believe in the authenticity of the market trends; however, this has actually promoted the pump of encryption assets. He believes that the current market rebound is underestimated and predicts that the Fed's interest rate cuts could push Bitcoin to $250,000. At the same time, Lee pointed out that the legal clarity and technical stability of Ethereum will drive its application in TradFi.
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ETH-1.26%
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02:03

The South Korean special investigation team has requested the arrest of former high-ranking officials involved in the emergency martial law incident.

On July 29, Jin10 reported that the special investigation team in South Korea responsible for investigating the emergency martial law incident stated on the 28th that it had requested the court to issue an arrest warrant for the former Minister of the Interior and Safety, Lee Sang-min, accusing him of playing a key role in the emergency martial law incident. Park Ji-young, a member of the special investigation team, said at a press conference that considering the seriousness of the incident and concerns that Lee Sang-min might destroy evidence or commit further crimes, the team decided to request his arrest from the court.
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09:13

Aqua1 denies association with Web3port: the team operates independently, Dave Lee joined as co-founder and CEO in April.

PANews, July 15th news, Aqua1 Foundation issued a statement in response to recent rumors about its team and operations. The statement said that Dave Lee joined Aqua1 as a co-founder and CEO in April 2025, and is highly aligned with the team's long-term vision. Aqua1 emphasized its independent operation, with no equity, financial, or operational ties to any unrelated entities. The team is collaborating with institutions in the Middle East to advance projects, but some details have not been disclosed due to Compliance requirements. According to previous news, Aqua invested 100 million USD in WLFI governance tokens.
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PORT6.5%
07:25

Previously, the $100 million investment in the WLFI governance token Aqua 1 was reported to be associated with Web3port.

PANews July 15 news, the funding source of the Trump-supported Decentralized Finance project World Liberty Financial (WLFI) has raised doubts. Previously, a mysterious donor named "Aqua 1" announced it would provide $100 million to the project, claiming it was from the UAE. However, the latest investigation found that "Aqua 1" is actually a shell company related to the controversial firm Web3port. Web3port is a market maker that was banned by multiple decentralized exchanges in 2023 for suspected market manipulation. Its founder "Dave Lee" is active online only with an anime avatar, and his true identity remains a mystery. Additionally, "Aqua 1" is not registered in the UAE and has not disclosed any responsible personnel information. Although the funds were advertised for "digital freedom infrastructure," they were actually transferred through opaque wallets and offshore accounts.
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00:51

Lee Jae-myung's approval rating hits a new high.

Jin10 data reported on July 14, according to South Korean media, the South Korean polling agency Realmeter released the results of the second week of July's public opinion survey. President Lee Jae-myung's support rate reached 64.6%, a new high since taking office, and has shown a rise for five consecutive weeks. Among them, 54.3% believe that Lee Jae-myung is "doing very well."
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08:39

The Governor of the Bank of Korea warns: The issuance of won stablecoins by non-bank institutions may lead to chaos in monetary policy.

The Governor of the Bank of Korea, Lee Chang-yong, warned of the risks of non-bank institutions issuing Korean won stablecoins, stating that it could lead to monetary policy chaos and forex regulatory conflicts similar to the "Free Banking Era" of the 19th century. The South Korean financial sector is actively preparing a dual-track plan for the legalization of stablecoins: banks may form joint ventures to issue coins while also engaging in cooperation with non-bank institutions. It is noteworthy that the Bank of Korea has suspended its central bank digital currency CBDC Han River project phase two testing, shifting its focus to observing the stablecoin legislative process and the coexistence model of CBDC/stablecoin/deposit token.
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06:47

Wall Street Observer: The Divergence of Ethereum Reserve Strategies and Bitcoin's "Digital Gold" Path

Last week, Wall Street veteran strategist and Bitcoin long positions Tom Lee (Tom Lee) joined a little-known Bitcoin mining company transitioning into an Ethereum financial firm as an executive, drawing market attention. Bitwise Alpha strategy head Jeff Park interpreted this move as a sign that Ethereum investment logic is diverging from the Bitcoin investment narrative in the public stock market. The key distinction lies in utility (Utility): "Ethereum is a utility crypto asset," Park pointed out in a podcast on July 8, "Bitcoin is purely a store of value. And Ethereum has productivity - it can generate stake returns."
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ETH-1.26%
BTC-0.67%
06:17

Wall Street oracle Tom Lee bets on Ethereum: Why does he firmly believe that ETH will soar past $10,000?

Tom Lee's name resonates throughout the financial world, hailed as the "Wall Street Oracle," having gained widespread attention for his precise market predictions and deep insights into technology stocks, Bitcoin, and other assets. As the founder of the analysis firm Fundstrat, he is both a well-known analyst in traditional markets and a staunch supporter of digital assets like Bitcoin (BTC) and Ethereum (ETH). Recently, Lee was appointed as the chairman of the board for the mining company Bitmine Immersion Technologies (BMNR) and is involved in the company's launch of a $250 million Ethereum treasury strategy, attracting significant market attention. In external interviews, he boldly predicted that Ethereum would rise to $10,000 during the current market cycle.
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ETH-1.26%
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09:24

South Korean President Lee Jae-myung approved Kim Min-sik to serve as Prime Minister.

Jin10 data July 3 news, on July 3 local time, South Korean President Lee Jae-myung approved Kim Min-sok as the Prime Minister of South Korea. Earlier that day, the South Korean National Assembly held a plenary session to vote on the appointment of Prime Minister candidate Kim Min-sok. A total of 179 lawmakers attended the meeting, and the appointment of Prime Minister candidate Kim Min-sok was approved with 173 votes in favor, 3 votes against, and 3 invalid votes.
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02:47

Lee Jae-myung: Communication between North and South Korea should be restored to improve relations with North Korea.

South Korean President Lee Jae-myung emphasized the need to improve relations with North Korea during his first month in office at a press conference, stating that communication channels between South and North Korea should not be interrupted. He mentioned that a positive response from the North was achieved through the cessation of border broadcasts and called for maintaining communication and cooperation from a long-term perspective to promote a mutually beneficial relationship.
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04:11

Hong Kong launches stablecoin licensing system, ranking as the third global financial center.

According to Gate News bot, as reported by the Hong Kong SAR Government News Bulletin, Chief Executive of the Hong Kong SAR, John Lee, delivered a speech at the 28th Anniversary Banquet of the Hong Kong Special Administrative Region. John Lee mentioned that Hong Kong has now established a stablecoin licensing system and has completed the optimization of the listing procedures. In terms of financial development, Hong Kong's
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BOT-5.97%
05:07

Elon Musk commented on the financial issues in the United States.

Gate News bot消息,马斯克对投资者 Dave Lee 在社交媒体上提出的"只要控制支出,共和党就能让马斯克继续留在党内"的观点作出回应。马斯克直接表示:"I just want us not to go bankrupt as a country."(我只求我们不要让美国破产。)
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02:09

The South Korean stock market is experiencing a wave of Crypto Assets, with the new president supporting the Korean Won Token.

Gate News bot report, on June 30, after South Korean President Lee Jae-myung promised to allow the issuance of won-backed Crypto Assets, the South Korean stock market soared. This sparked strong interest among retail investors in companies related to digital currency projects. The benchmark Korea Composite Stock Price Index has risen nearly 30% this year, making South Korea the top performer in Asia for the first half of the year.
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BOT-5.97%
ME0.85%
KIM-1.52%
12:41

Circle attracts enthusiastic support from Korean retail investors, with monthly net purchases exceeding $400 million.

According to Gate News bot, CoinDesk reported that Circle has become the most favored overseas stock among the South Korean public, with a net buying amount of 450 million USD this month. Circle's current price-to-earnings ratio is as high as 187 times, far exceeding that of TradFi fintech companies. At the same time, as the new president Lee Jae-myung accelerates the process of legalizing the Korean won stablecoin, South Korea...
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BOT-5.97%
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05:30

Citigroup UK Head: Regulators Must Reassess Cryptocurrency Restrictions on Banks

According to news from the Gate news bot, Tiina Lee, the head of Citigroup in the UK, stated at TheCityUK annual conference that as the Crypto Assets market develops, regulators should re-evaluate the current "restrictive" policies on banks holding encryption assets. She pointed out that the upcoming global regulations require banks to allocate a 1250% risk weight for encryption assets, meaning that for every £100 of Crypto Assets held, banks must reserve £125 of capital. This requirement essentially hinders regulated institutions from participating in the market.
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BOT-5.97%
TRUMP11.98%
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16:11

South Korea's first issuance of euro-denominated sovereign bonds in four years receives over 10 billion euros in subscription.

On June 27, Jin10 reported that South Korea issued euro-denominated bonds for the first time in nearly four years, attracting over 10 billion euros (equivalent to 11.7 billion USD) in investor subscriptions. This highlights the demand for South Korea's sovereign debt since Lee Jae-myung was elected president. South Korea supplied 700 million euros in three-year sovereign bonds and 700 million euros in seven-year government bonds.
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02:49

President Han: We need to achieve the normalization of the Capital Market and enter an era where KOSPI breaks through the 5000-point barrier.

Jin10 data reported on June 26th that South Korean President Lee Jae-myung delivered a policy speech in the National Assembly on the 26th, calling for the National Assembly to promptly address the supplementary budget proposal. In his speech, Lee emphasized that revitalizing people’s livelihoods and boosting the economy is an urgent priority. He stated that if the current low growth state continues for a long time, it will fall into a vicious cycle of harder-to-seize opportunities, intensified competition, and escalating conflicts. Lee stressed the need to normalize the operation of the Capital Market. As long as the Capital Market restores transparent and fair operations, it can create a virtuous cycle of economic recovery and corporate development, thus leading to an era where South Korea's Composite Stock Price Index (KOSPI) breaks through the 5000-point mark.
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