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. Bitcoin fell below $90,000 in Hong Kong morning trading […]
BOJ Rate Hike Bets Trigger Asian Sell-off, Bitcoin Fall Read More »
Bitcoin BTC$90,993.53ether ETH$2,842.88 and other major tokens slipped early Monday, extending a bruising November close amid fresh panic from DeFi platform Yearn Finance. BTC, the top cryptocurrency by market value, fell more than 3% to nearly $87,000 in early Asian trading hours. Ethereum’s native token ETH fell 5%, while SOL, DOGE, and XRP fell more
Bitcoin Falls to $87,000 Amid Yearn’s yETH Exploit Read More »
Brazil’s crypto market is moving billions of dollars a month and regulators are taking notice. In a technical presentation at the Blockchain Conference Brasil, Flavio Correa Prado, auditor of Brazil’s tax authority, Receita Federal, revealed that crypto transactions reported under existing rules reached between $6 billion and $8 billion per month. If current trends continue,
Stablecoins generate 90% of Brazil’s crypto volume, tax administration data shows Read More »
Over the past twelve months, Michael Saylor, executive chairman of Strategy (MSTR), has maintained a consistent pattern, posting a playful X message almost every Sunday using a chart with orange dots to suggest a Monday announcement of additional bitcoins. BTC$90,993.53 purchases. The trend seemed to break at least a little this Sunday, with Saylor posting
Any news on major strategies (MSTR) coming tomorrow? Read More »
Bitcoin digital asset treasury (DAT) companies have been making headlines in recent weeks, and often for the wrong reasons. A sharp decline in crypto markets and a more than 40% drop (as of November 27) in the stock price of the world’s largest Bitcoin holding company, Strategy (MSTR), this year has led some to question
Is the Bitcoin (BTC) Digital Asset Cash Flow Model Broken? An industrial banker says no Read More »
Concerns are so old and so festering that Tether is not being upfront about the reserves backing its USDT stablecoin or facing imminent threat of being undercapitalized, that the crypto industry has developed its own dismissive two-word response: “Tether FUD.” Thanks to soaring bull markets, the most brutal of bear markets, the comings and goings
Tether’s USDT downgrade brings old arguments to the forefront Read More »
Ethereum developers are preparing for the second network upgrade of 2025 to go live on the blockchain’s mainnet on Wednesday. Fusaka – a mix of the names Fulu + Osaka – consists of two upgrades performed simultaneously on the consensus and execution layers of Ethereum. The goal of the upgrade is to enable Ethereum to
Ethereum Developer Preparation for Fusaka, Second Upgrade of 2025 Read More »
BlackRock’s Bitcoin exchange-traded funds (ETFs) have become the company’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. This figure is remarkable given that the company manages more than 1,400 ETFs globally and is the world’s largest asset manager with more than $13.4 trillion in assets under management. Speaking
Bitcoin ETFs are now BlackRock’s main source of revenue, according to Exec Read More »
Denis Dariotis, 22, founder and CEO of cryptocurrency-focused trading software company GoQuant, remembers the constraints and pressures of maximizing his trading portfolio while he was still in his third year at school. “I remember telling my professors that I had to take 10 minutes outside of class to check my portfolio when the market opened
Meet Denis Dariotis, the billionaire founder of GoQuant who started trading at age 9 Read More »
Strategy CEO Phong Le said the company now has “more flexibility than ever” to continue accumulating bitcoin, citing a capital structure based on long-term debt, opportunistic access to equity, and no short-term refinancing pressure. Speaking on the most recent episode of the “What Bitcoin Did” podcast, Le told host Danny Knowles that Strategy’s ability to
