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. Tether is back in the spotlight as traders revisit […]
This year’s Tether debate is a good thing to have Read More »
Faced with questions from critics about its ability to finance the dividends of its various classes of preferred shares, Strategy (MSTR) and its executive chairman Michael Saylor announced Monday morning the formation of a reserve of 1.44 billion US dollars. The reserve was built through the sale of common stock last week and the company
Michael Saylor and Strategy (MSTR) raise cash to fund preferred dividends Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2722.81, down 7.3% (-213.41) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BCH (-4.8%) and BTC (-5.7%). Lagging behind: NEAR (-13.8%)
Bitcoin Price Drops 5.7% as Index Trades Lower Read More »
Cryptomixer, a cryptocurrency mixing service allegedly used by cybercriminals to launder illicit bitcoins BTC$86,866.20was dismantled during a coordinated operation by law enforcement in Zurich, the European Union (EU) police agency Europol announced on Monday. The dismantling, carried out from November 24 to 28 by Swiss and German police alongside Europol, resulted in the seizure of
BONK slipped 9.32% to $0.000008805 over the past 24 hours, extending a sharp decline that pushed the Solana-based memecoin to new cycle lows. The decline occurred despite a major milestone for the asset last week: Bitcoin Capital AG listed the first exchange-traded product (ETP) BONK on the Swiss exchange SIX on November 27. The breakdown
BONK slips 9% as technical outage overshadows Swiss ETP debut Read More »
BONK slipped 9.32% to $0.000008805 over the past 24 hours, extending a sharp decline that pushed the Solana-based memecoin to new cycle lows. The decline occurred despite a major milestone for the asset last week: Bitcoin Capital AG listed the first exchange-traded product (ETP) BONK on the Swiss exchange SIX on November 27. The breakdown
BONK slips 9% as technical outage overshadows Swiss ETP debut Read More »
PCI$3.7100 declined sharply over the last 24-hour window, sliding 7.3% to trade near $3.7065 as the token decisively broke below the $3.99 to $4.00 support band. The move took place over an intraday range of 11.3%, with the largest losses occurring during high volume around 11:00 p.m. UTC on November 30, according to CoinDesk Research’s
ICP Slips as Breakdown Below $4.00 Triggers High Volatility Read More »
The acting head of the Federal Deposit Insurance Corp. of the United States said the banking regulator plans to begin proposing rules for stablecoin issuers before the close of December, according to testimony Travis Hill is set to give Tuesday before the House Financial Services Committee. First, the regulator’s agenda for implementing the Guiding and
US FDIC Chief Says First Stablecoin Settlement Will Be Offered This Month Read More »
Vanguard, one of the world’s largest asset managers with approximately $11 trillion in assets under management, will begin allowing its clients to trade cryptocurrency ETFs and mutual funds on its brokerage platform starting Tuesday, according to Bloomberg. “Cryptocurrency ETFs and mutual funds have been tested during periods of market volatility, performing as expected while maintaining
$11 billion asset management giant Vanguard will give clients access to crypto ETFs Read More »
An overnight collapse in the price of Bitcoin combined with a hard-to-digest capital raise to send shares of Strategy (MSTR) down 12.5% to their lowest level in nearly 15 months in U.S. morning trading on Monday. And yet, despite the lack of rebound in the price of Bitcoin BTC$86,410.87 – which remained near the session
Michael Saylor (MSTR) Strategy Manages Big Rebound After Monday Morning Drop Read More »
