Bitcoin’s Wall Street-like fear gauge rose to its highest level since the 2022 collapse of the FTX exchange, signaling intense market panic as prices plummeted to near $60,000. Volmex’s Bitcoin Volatility Index (BVIV), which represents the expected annualized price turbulence over four weeks, jumped to almost 100%, up from 56% on Thursday. The index serves […]
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed overview of US markets, see Crypto Daybook Americas from CoinDesk. The market is wondering if bitcoin is losing to
Sovcombank, Russia’s ninth-largest bank by assets, said it has become the first financial institution in the country to offer bitcoin-backed loans to individuals and businesses that legally own digital assets. The move follows a pilot program led by state-owned bank Sberbank, which provided the first product of this type to mining company Intelion Data at
Sovcombank launches Bitcoin-backed loans for Russian miners and businesses Read More »
Despite its long-standing reputation as “digital gold,” bitcoin has moved sharply away from traditional safe havens like gold and silver, but that might not be a bad thing for the future of the digital asset, according to JPMorgan analysts. Gold surged more than 60% in 2025 on sustained central bank buying and flight-to-safety demand, while
Latest developments: ETF investors are proving more resilient than expected during the latest Bitcoin pullback. In an interview on CoinDesk Markets Outlook, Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, highlighted several key data points demonstrating this stability: Bitcoin has fallen more than 40% from recent highs, a move that has historically roiled retail-heavy crypto
Bitcoin ETFs Barely Pull Back as BTC Slides 40%, Bloomberg’s Eric Balchunas Says Read More »
Tether, issuer of the most popular stablecoin in the world USDT$0.9987has acquired a $150 million minority stake in Gold.com (GOLD), strengthening its presence in the gold market just as the yellow metal gains traction with investors seeking stability in volatile times. The investment, announced in a blog post on Thursday, gives Tether a 12% stake
Tether (USDT) Buys $150M Stake in Gold.com to Boost Distribution of Tokenized Gold Read More »
Strategy (MSTR) Posted a Net Loss of $12.4 Billion in Q4 2025, Bitcoin Price BTC$71,091.27 went from around $120,000 on October 1 to around $89,000 to close the year. Things have only gotten worse since then, with the price of bitcoin falling sharply in recent weeks, finally collapsing to the $64,000 level on Thursday ahead
The fourth-quarter loss was $12.4 billion, or $42.93 per share. Read More »
Bitcoin BTC$63,701.56 fell below $66,000 by early afternoon in the United States as this week’s crypto sell-off accelerated and turned into a bloodbath on Thursday. The largest cryptocurrency fell more than 10% in the past 24 hours to a session low of $65,156, according to CoinDesk data, the lowest level since October 2024 and below
Bitcoin Climbs Toward $65,000, Heading For Worst Drop Since FTX Crash Read More »
Bitcoin fell to around $65,000 on Thursday amid a wave of selloffs driven by heavily bearish sentiment, but a technical indicator suggests the cryptocurrency could be set not just for a rebound, but for a major move higher. Bitcoin’s daily relative strength index (RSI), which is a commonly used momentum oscillator that gauges whether an
BTC Could Be About to See a Significant Upside, Based on the RSI Indicator Read More »
Gemini Space Station Inc. (GEMI) is ending its operations in the United Kingdom, the European Union (EU) and Australia. The crypto exchange is also cutting its staff by 25%, according to a blog post published Thursday that suggests it is focusing its resources on prediction markets. “Effective April 6, 2026, Gemini will cease operations in
Gemini closes operations in Europe and Australia to focus on US and prediction markets Read More »
